Cliff Asness's CAG Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 6.23 M shares of Conagra Brands, Inc. (CAG) worth $107.78 M, representing 0.06% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 50 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in CAG, representing a significant commitment to this investment thesis. Largest addition occurred in Q3 2025, adding 5.1 M shares. Largest reduction occurred in Q4 2017, reducing 2.06 M shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Conagra Brands (CAG) Holding Value Over Time
Track share changes against reported price movement
Quarterly Conagra Brands (CAG) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | -1.23 M | Reduce 16.53% | 6.23 M | $17.31 |
| Q3 2025 | +5.1 M | Add 216.19% | 7.46 M | $18.14 |
| Q2 2025 | +993,785 | Add 72.78% | 2.36 M | $20.36 |
| Q1 2025 | +629,789 | Add 85.61% | 1.37 M | $26.67 |
| Q4 2024 | +7,270 | Add 1.00% | 735,656 | $27.68 |
| Q3 2024 | -329,541 | Reduce 31.15% | 728,386 | $32.44 |
| Q2 2024 | -251,407 | Reduce 19.20% | 1.06 M | $28.31 |
| Q1 2024 | +256,852 | Add 24.40% | 1.31 M | $29.64 |
| Q4 2023 | +163,159 | Add 18.35% | 1.05 M | $28.57 |
| Q3 2023 | +472,647 | Add 113.43% | 889,323 | $27.35 |
| Q2 2023 | +137,228 | Add 49.11% | 416,676 | $33.37 |
| Q1 2023 | -11,199 | Reduce 3.85% | 279,448 | $37.51 |
| Q4 2022 | -124,798 | Reduce 30.04% | 290,647 | $38.70 |
| Q3 2022 | +298,976 | Add 256.70% | 415,445 | $32.63 |
| Q2 2022 | -18,468 | Reduce 13.69% | 116,469 | $34.24 |
| Q1 2022 | -45,894 | Reduce 25.38% | 134,937 | $33.30 |
| Q4 2021 | -99,937 | Reduce 35.59% | 180,831 | $33.87 |
| Q3 2021 | -71,108 | Reduce 20.21% | 280,768 | $33.87 |
| Q2 2021 | -2,125 | Reduce 0.60% | 351,876 | $36.25 |
| Q1 2021 | +131,780 | Add 59.30% | 354,001 | $37.60 |
| Q4 2020 | -32,008 | Reduce 12.59% | 222,221 | $35.98 |
| Q3 2020 | +27,355 | Add 12.06% | 254,229 | $35.39 |
| Q2 2020 | +163,463 | Add 257.78% | 226,874 | $34.54 |
| Q1 2020 | +63,411 | New Buy | 63,411 | $29.33 |
| Q1 2019 | -1.08 M | Sold Out | 0 | $0.00 |
| Q4 2018 | +1.03 M | Add 1943.12% | 1.08 M | $21.36 |
| Q3 2018 | -1.3 M | Reduce 96.10% | 52,828 | $33.98 |
| Q2 2018 | -353,189 | Reduce 20.67% | 1.36 M | $35.73 |
| Q1 2018 | -1.82 M | Reduce 51.55% | 1.71 M | $36.88 |
| Q4 2017 | -2.06 M | Reduce 36.84% | 3.53 M | $37.67 |
| Q3 2017 | -74,254 | Reduce 1.31% | 5.58 M | $34.22 |
| Q2 2017 | +752,849 | Add 15.35% | 5.66 M | $35.76 |
| Q1 2017 | +213,437 | Add 4.55% | 4.9 M | $40.34 |
| Q4 2016 | -333,202 | Reduce 6.63% | 4.69 M | $39.55 |
| Q3 2016 | -204,789 | Reduce 3.92% | 5.02 M | $47.11 |
| Q2 2016 | +591,986 | Add 12.77% | 5.23 M | $47.81 |
| Q1 2016 | +1.55 M | Add 50.36% | 4.64 M | $44.62 |
| Q4 2015 | +1.67 M | Add 117.92% | 3.08 M | $42.16 |
| Q3 2015 | +1.25 M | Add 767.82% | 1.42 M | $40.51 |
| Q2 2015 | +48,789 | Add 42.69% | 163,089 | $43.72 |
| Q1 2015 | +71,874 | Add 169.41% | 114,300 | $36.53 |
| Q4 2014 | -103,961 | Reduce 71.02% | 42,426 | $36.27 |
| Q3 2014 | -63,500 | Reduce 30.25% | 146,387 | $33.04 |
| Q2 2014 | +14,700 | Add 7.53% | 209,887 | $29.68 |
| Q1 2014 | -133,900 | Reduce 40.69% | 195,187 | $31.03 |
| Q4 2013 | -355,754 | Reduce 51.95% | 329,087 | $33.70 |
| Q3 2013 | -816,121 | Reduce 54.37% | 684,841 | $30.34 |
| Q2 2013 | +1.5 M | Add 0.00% | 1.5 M | $34.93 |
| Q4 2012 | +2.74 M | Add 0.00% | 2.74 M | $29.50 |
Cliff Asness's Conagra Brands Investment FAQs
Cliff Asness first purchased Conagra Brands, Inc. (CAG) in Q4 2012, acquiring 2,738,519 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 Conagra Brands, Inc. (CAG) for 50 quarters since Q4 2012.
Cliff Asness's largest addition to Conagra Brands, Inc. (CAG) was in Q3 2025, adding 7,459,654 shares worth $135.32 M.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 6,226,726 shares of Conagra Brands, Inc. (CAG), valued at approximately $107.78 M.
As of the Q4 2025 filing, Conagra Brands, Inc. (CAG) represents approximately 0.06% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in Conagra Brands, Inc. (CAG) was 7,459,654 shares, as reported at the end of Q3 2025.