Cliff Asness's BFH Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 107,027 shares of Bread Financial Holdings, Inc. (BFH) worth $5.97 M, representing 0.00% 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 BFH, representing a significant commitment to this investment thesis. Largest addition occurred in Q2 2022, adding 1.18 M shares. Largest reduction occurred in Q3 2022, reducing 1.08 M shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Bread Financial Holdings (BFH) Holding Value Over Time
Track share changes against reported price movement
Quarterly Bread Financial Holdings (BFH) Trades by Cliff Asness
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2012 | +5,634 | Add 0.00% | 5,633 | $144.68 |
| Q2 2013 | +6,134 | Add 0.00% | 6,133 | $180.99 |
| Q3 2013 | -1,430 | Reduce 23.32% | 4,703 | $211.57 |
| Q4 2013 | +8,400 | Add 178.61% | 13,103 | $262.92 |
| Q1 2014 | +1,600 | Add 12.21% | 14,703 | $272.46 |
| Q2 2014 | -5,300 | Reduce 36.05% | 9,403 | $281.29 |
| Q3 2014 | +6,100 | Add 64.87% | 15,503 | $248.27 |
| Q4 2014 | -8,584 | Reduce 55.37% | 6,919 | $286.02 |
| Q1 2015 | -5,407 | Reduce 78.15% | 1,512 | $296.30 |
| Q3 2015 | -600 | Reduce 39.68% | 912 | $258.77 |
| Q4 2015 | +296 | Add 32.46% | 1,208 | $276.49 |
| Q1 2016 | -1,208 | Sold Out | 1,208 | $0.00 |
| Q2 2018 | +4,272 | New Buy | 4,272 | $233.15 |
| Q3 2018 | -665 | Reduce 15.57% | 3,607 | $236.21 |
| Q4 2018 | -1,121 | Reduce 31.08% | 2,486 | $150.04 |
| Q1 2019 | +2,404 | Add 96.70% | 4,890 | $173.21 |
| Q2 2019 | +64,954 | Add 1328.30% | 69,844 | $140.13 |
| Q3 2019 | +171,714 | Add 245.85% | 241,558 | $128.13 |
| Q4 2019 | +813,679 | Add 336.85% | 1.06 M | $111.44 |
| Q1 2020 | -500,342 | Reduce 47.42% | 554,895 | $33.65 |
| Q2 2020 | +767,428 | Add 138.30% | 1.32 M | $45.12 |
| Q3 2020 | -64,733 | Reduce 4.90% | 1.26 M | $41.98 |
| Q4 2020 | -737,491 | Reduce 58.64% | 520,099 | $73.72 |
| Q1 2021 | -242,371 | Reduce 46.60% | 277,728 | $112.09 |
| Q2 2021 | -31,671 | Reduce 11.40% | 246,057 | $103.49 |
| Q3 2021 | +120,500 | Add 48.97% | 366,557 | $100.89 |
| Q4 2021 | -92,510 | Reduce 25.24% | 274,047 | $66.57 |
| Q1 2022 | +227,034 | Add 82.84% | 501,081 | $56.15 |
| Q2 2022 | +1.18 M | Add 235.76% | 1.68 M | $36.67 |
| Q3 2022 | -1.08 M | Reduce 64.27% | 601,117 | $31.45 |
| Q4 2022 | +30,929 | Add 5.15% | 632,046 | $36.83 |
| Q1 2023 | -379,965 | Reduce 60.12% | 252,081 | $29.39 |
| Q2 2023 | -80,812 | Reduce 32.06% | 171,269 | $30.97 |
| Q3 2023 | +37,782 | Add 22.06% | 209,051 | $34.20 |
| Q4 2023 | +19,499 | Add 9.33% | 228,550 | $32.94 |
| Q1 2024 | -35,324 | Reduce 15.46% | 193,226 | $37.24 |
| Q2 2024 | -49,025 | Reduce 25.37% | 144,201 | $44.56 |
| Q3 2024 | +32,525 | Add 22.56% | 176,726 | $46.76 |
| Q4 2024 | +20,133 | Add 11.39% | 196,859 | $61.06 |
| Q1 2025 | -59,090 | Reduce 30.02% | 137,769 | $48.87 |
| Q2 2025 | -28,870 | Reduce 20.96% | 108,899 | $57.12 |
| Q3 2025 | -1,872 | Reduce 1.72% | 107,027 | $55.77 |
Cliff Asness's Bread Financial Holdings Investment FAQs
Cliff Asness first purchased Bread Financial Holdings, Inc. (BFH) in Q4 2012, acquiring 5,633 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 Bread Financial Holdings, Inc. (BFH) 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 Bread Financial Holdings, Inc. (BFH) was in Q2 2022, adding 1,682,427 shares worth $61.7 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 107,027 shares of Bread Financial Holdings, Inc. (BFH), valued at approximately $5.97 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, Bread Financial Holdings, Inc. (BFH) represents approximately 0.00% 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 Bread Financial Holdings, Inc. (BFH) was 1,682,427 shares, as reported at the end of Q2 2022. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.