Cliff Asness's BAC Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 5.04 M shares of Bank of America Corporation (BAC) worth $259.88 M, representing 0.17% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 52 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in BAC, representing a significant commitment to this investment thesis. Largest addition occurred in Q4 2016, adding 5.51 M shares. Largest reduction occurred in Q4 2013, reducing 6.99 M shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Bank of America Corporation (BAC) Holding Value Over Time
Track share changes against reported price movement
Quarterly Bank of America Corporation (BAC) Trades by Cliff Asness
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2012 | +7.84 M | Add 0.00% | 7.84 M | $11.60 |
| Q2 2013 | +5.47 M | Add 0.00% | 5.47 M | $12.86 |
| Q3 2013 | +5.17 M | Add 94.46% | 10.64 M | $13.80 |
| Q4 2013 | -6.99 M | Reduce 65.67% | 3.65 M | $15.57 |
| Q1 2014 | +4.87 M | Add 133.43% | 8.53 M | $17.20 |
| Q2 2014 | -237,200 | Reduce 2.78% | 8.29 M | $15.37 |
| Q3 2014 | -1.42 M | Reduce 17.17% | 6.87 M | $17.05 |
| Q4 2014 | +595,220 | Add 8.67% | 7.46 M | $17.89 |
| Q1 2015 | -3.36 M | Reduce 45.10% | 4.1 M | $15.39 |
| Q2 2015 | -2.34 M | Reduce 57.23% | 1.75 M | $17.02 |
| Q3 2015 | +268,335 | Add 15.32% | 2.02 M | $15.58 |
| Q4 2015 | +74,490 | Add 3.69% | 2.09 M | $16.83 |
| Q1 2016 | +1 M | Add 47.80% | 3.1 M | $13.52 |
| Q2 2016 | -1.37 M | Reduce 44.34% | 1.72 M | $13.27 |
| Q3 2016 | -254,866 | Reduce 14.79% | 1.47 M | $15.65 |
| Q4 2016 | +5.51 M | Add 375.28% | 6.98 M | $22.10 |
| Q1 2017 | +1.48 M | Add 21.26% | 8.46 M | $23.59 |
| Q2 2017 | -416,267 | Reduce 4.92% | 8.05 M | $24.26 |
| Q3 2017 | -1.52 M | Reduce 18.95% | 6.52 M | $25.34 |
| Q4 2017 | -792,928 | Reduce 12.16% | 5.73 M | $29.52 |
| Q1 2018 | -463,955 | Reduce 8.10% | 5.26 M | $29.99 |
| Q2 2018 | -1.77 M | Reduce 33.53% | 3.5 M | $28.19 |
| Q3 2018 | +1,752 | Add 0.05% | 3.5 M | $29.46 |
| Q4 2018 | -1.24 M | Reduce 35.28% | 2.27 M | $24.64 |
| Q1 2019 | -399,302 | Reduce 17.62% | 1.87 M | $27.59 |
| Q2 2019 | +464,763 | Add 24.90% | 2.33 M | $29.00 |
| Q3 2019 | -836,615 | Reduce 35.88% | 1.49 M | $29.17 |
| Q4 2019 | +220,602 | Add 14.76% | 1.72 M | $35.22 |
| Q1 2020 | -256,259 | Reduce 14.94% | 1.46 M | $21.23 |
| Q2 2020 | -641,514 | Reduce 43.96% | 817,664 | $23.42 |
| Q3 2020 | -420,638 | Reduce 51.44% | 397,026 | $24.00 |
| Q4 2020 | +726,431 | Add 182.97% | 1.12 M | $29.96 |
| Q1 2021 | +72,031 | Add 6.41% | 1.2 M | $38.69 |
| Q2 2021 | -402,357 | Reduce 33.66% | 793,131 | $41.03 |
| Q3 2021 | -30,655 | Reduce 3.87% | 762,476 | $42.45 |
| Q4 2021 | -232,948 | Reduce 30.55% | 529,528 | $44.49 |
| Q1 2022 | +630,129 | Add 119.00% | 1.16 M | $41.22 |
| Q2 2022 | +1.26 M | Add 108.32% | 2.42 M | $30.78 |
| Q3 2022 | -643,803 | Reduce 26.65% | 1.77 M | $30.20 |
| Q4 2022 | -113,491 | Reduce 6.40% | 1.66 M | $33.04 |
| Q1 2023 | -122,398 | Reduce 7.38% | 1.54 M | $28.28 |
| Q2 2023 | -179,271 | Reduce 11.67% | 1.36 M | $28.69 |
| Q3 2023 | +3.15 M | Add 231.82% | 4.5 M | $27.38 |
| Q4 2023 | -576,759 | Reduce 12.81% | 3.93 M | $33.67 |
| Q1 2024 | +1.58 M | Add 40.27% | 5.51 M | $37.67 |
| Q2 2024 | +1.47 M | Add 26.76% | 6.98 M | $39.58 |
| Q3 2024 | -848,736 | Reduce 12.16% | 6.13 M | $39.29 |
| Q4 2024 | -1.26 M | Reduce 20.48% | 4.88 M | $43.95 |
| Q1 2025 | -1.38 M | Reduce 28.33% | 3.49 M | $40.94 |
| Q2 2025 | -106,196 | Reduce 3.04% | 3.39 M | $47.32 |
| Q3 2025 | +1.65 M | Add 48.69% | 5.04 M | $51.59 |
Cliff Asness's Bank of America Corporation Investment FAQs
Cliff Asness first purchased Bank of America Corporation (BAC) in Q4 2012, acquiring 7,835,654 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness has held Bank of America Corporation (BAC) for 52 quarters since Q4 2012. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness's largest addition to Bank of America Corporation (BAC) was in Q4 2012, adding 7,835,654 shares worth $90.89 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 5,037,487 shares of Bank of America Corporation (BAC), valued at approximately $259.88 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, Bank of America Corporation (BAC) represents approximately 0.17% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness's peak holding in Bank of America Corporation (BAC) was 10,640,115 shares, as reported at the end of Q3 2013. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.