Cliff Asness's BWA Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 9.22 M shares of BorgWarner Inc. (BWA) worth $415.56 M, representing 0.22% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 51 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in BWA, representing a significant commitment to this investment thesis. Largest addition occurred in Q3 2025, adding 4.1 M shares. Largest reduction occurred in Q1 2021, reducing 749,362 shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's BorgWarner (BWA) Holding Value Over Time
Track share changes against reported price movement
Quarterly BorgWarner (BWA) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +1.7 M | Add 22.66% | 9.22 M | $45.06 |
| Q3 2025 | +4.1 M | Add 119.66% | 7.52 M | $43.96 |
| Q2 2025 | +2.58 M | Add 307.11% | 3.42 M | $33.35 |
| Q1 2025 | +921 | Add 0.11% | 840,769 | $28.01 |
| Q4 2024 | -68,920 | Reduce 7.58% | 839,848 | $31.78 |
| Q3 2024 | +458,809 | Add 101.97% | 908,768 | $36.29 |
| Q2 2024 | +117,279 | Add 35.25% | 449,959 | $32.10 |
| Q1 2024 | -68,648 | Reduce 17.11% | 332,680 | $34.74 |
| Q4 2023 | -482,307 | Reduce 54.58% | 401,328 | $35.85 |
| Q3 2023 | +98,437 | Add 12.54% | 883,635 | $40.37 |
| Q2 2023 | +137,462 | Add 21.22% | 785,198 | $48.56 |
| Q1 2023 | +97,004 | Add 17.61% | 647,736 | $48.58 |
| Q4 2022 | +200,769 | Add 57.37% | 550,732 | $40.25 |
| Q3 2022 | +71,131 | Add 25.51% | 349,963 | $31.40 |
| Q2 2022 | +213,841 | Add 329.03% | 278,832 | $33.10 |
| Q1 2022 | +20,005 | Add 44.47% | 64,991 | $38.90 |
| Q4 2021 | -134,666 | Reduce 74.96% | 44,986 | $45.08 |
| Q3 2021 | -367,475 | Reduce 67.16% | 179,652 | $43.21 |
| Q2 2021 | -627,418 | Reduce 53.42% | 547,127 | $48.21 |
| Q1 2021 | -749,362 | Reduce 38.95% | 1.17 M | $46.36 |
| Q4 2020 | +278,356 | Add 16.92% | 1.92 M | $38.64 |
| Q3 2020 | +860,962 | Add 109.73% | 1.65 M | $38.38 |
| Q2 2020 | +133,265 | Add 20.46% | 784,589 | $34.77 |
| Q1 2020 | -182,984 | Reduce 21.93% | 651,324 | $24.37 |
| Q4 2019 | +481,524 | Add 136.49% | 834,308 | $43.38 |
| Q3 2019 | -27,022 | Reduce 7.11% | 352,784 | $36.68 |
| Q2 2019 | +23,330 | Add 6.54% | 379,806 | $41.98 |
| Q1 2019 | +139,223 | Add 64.08% | 356,476 | $38.41 |
| Q4 2018 | +217,253 | New Buy | 217,253 | $34.74 |
| Q3 2018 | -6,372 | Sold Out | 0 | $0.00 |
| Q2 2018 | -638 | Reduce 9.10% | 6,372 | $43.16 |
| Q1 2018 | -156,215 | Reduce 95.71% | 7,010 | $50.21 |
| Q4 2017 | +18,207 | Add 12.55% | 163,225 | $51.09 |
| Q3 2017 | +78,668 | Add 118.57% | 145,018 | $51.23 |
| Q2 2017 | +66,350 | New Buy | 66,350 | $42.37 |
| Q4 2016 | -13,297 | Sold Out | 0 | $0.00 |
| Q3 2016 | +13,297 | New Buy | 13,297 | $35.20 |
| Q1 2016 | -10,544 | Sold Out | 0 | $0.00 |
| Q4 2015 | +10,544 | New Buy | 10,544 | $43.25 |
| Q3 2015 | -12,737 | Sold Out | 0 | $0.00 |
| Q2 2015 | -2,000 | Reduce 13.57% | 12,737 | $56.84 |
| Q1 2015 | -32,400 | Reduce 68.74% | 14,737 | $60.46 |
| Q4 2014 | -106,851 | Reduce 69.39% | 47,137 | $54.95 |
| Q3 2014 | +98,300 | Add 176.52% | 153,988 | $52.61 |
| Q2 2014 | +16,800 | Add 43.20% | 55,688 | $65.18 |
| Q1 2014 | -38,500 | Reduce 49.75% | 38,888 | $61.46 |
| Q4 2013 | +77,388 | New Buy | 77,388 | $55.91 |
| Q3 2013 | -28,044 | Sold Out | 0 | $0.00 |
| Q2 2013 | +28,044 | Add 0.00% | 28,044 | $43.08 |
| Q4 2012 | +30,444 | Add 0.00% | 30,444 | $35.80 |
Cliff Asness's BorgWarner Investment FAQs
Cliff Asness first purchased BorgWarner Inc. (BWA) in Q4 2012, acquiring 30,444 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 BorgWarner Inc. (BWA) for 51 quarters since Q4 2012.
Cliff Asness's largest addition to BorgWarner Inc. (BWA) was in Q3 2025, adding 7,518,776 shares worth $330.53 M.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 9,222,352 shares of BorgWarner Inc. (BWA), valued at approximately $415.56 M.
As of the Q4 2025 filing, BorgWarner Inc. (BWA) represents approximately 0.22% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in BorgWarner Inc. (BWA) was 9,222,352 shares, as reported at the end of Q4 2025.