Cliff Asness's CF Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 862,926 shares of CF Industries Holdings, Inc. (CF) worth $77.37 M, representing 0.05% 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 CF, representing a significant commitment to this investment thesis. Largest addition occurred in Q1 2019, adding 1.35 M shares. Largest reduction occurred in Q3 2023, reducing 1.13 M shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's CF Industries Holdings (CF) Holding Value Over Time
Track share changes against reported price movement
Quarterly CF Industries Holdings (CF) Trades by Cliff Asness
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2012 | +2.86 M | Add 0.00% | 2.86 M | $40.63 |
| Q2 2013 | +2.83 M | Add 0.00% | 2.83 M | $34.30 |
| Q3 2013 | -822,845 | Reduce 29.02% | 2.01 M | $42.17 |
| Q4 2013 | +26,000 | Add 1.29% | 2.04 M | $46.61 |
| Q1 2014 | -738,210 | Reduce 36.22% | 1.3 M | $52.13 |
| Q2 2014 | -249,500 | Reduce 19.19% | 1.05 M | $48.11 |
| Q3 2014 | +794,430 | Add 75.63% | 1.84 M | $55.84 |
| Q4 2014 | +863,975 | Add 46.83% | 2.71 M | $54.51 |
| Q1 2015 | +567,805 | Add 20.96% | 3.28 M | $56.74 |
| Q2 2015 | -993,557 | Reduce 30.32% | 2.28 M | $64.28 |
| Q3 2015 | -894,237 | Reduce 39.17% | 1.39 M | $44.90 |
| Q4 2015 | -169,242 | Reduce 12.19% | 1.22 M | $40.81 |
| Q1 2016 | -1.06 M | Reduce 87.19% | 156,214 | $31.34 |
| Q2 2016 | -156,214 | Sold Out | 156,214 | $0.00 |
| Q2 2018 | +23,003 | New Buy | 23,003 | $44.39 |
| Q3 2018 | +186 | Add 0.81% | 23,189 | $54.42 |
| Q4 2018 | +11,956 | Add 51.56% | 35,145 | $43.51 |
| Q1 2019 | +1.35 M | Add 3830.34% | 1.38 M | $40.35 |
| Q2 2019 | -629,699 | Reduce 45.59% | 751,620 | $46.71 |
| Q3 2019 | +22,712 | Add 3.02% | 774,332 | $49.20 |
| Q4 2019 | -261,141 | Reduce 33.72% | 513,191 | $47.74 |
| Q1 2020 | -244,906 | Reduce 47.72% | 268,285 | $27.20 |
| Q2 2020 | -108,914 | Reduce 40.60% | 159,371 | $27.20 |
| Q3 2020 | +77,198 | Add 48.44% | 236,569 | $30.71 |
| Q4 2020 | +277,156 | Add 117.16% | 513,725 | $38.71 |
| Q1 2021 | -209,070 | Reduce 40.70% | 304,655 | $45.38 |
| Q2 2021 | -107,016 | Reduce 35.13% | 197,639 | $49.72 |
| Q3 2021 | +10,827 | Add 5.48% | 208,466 | $55.82 |
| Q4 2021 | +266,927 | Add 128.04% | 475,393 | $70.78 |
| Q1 2022 | +547,286 | Add 115.12% | 1.02 M | $103.06 |
| Q2 2022 | +799,020 | Add 78.13% | 1.82 M | $84.99 |
| Q3 2022 | -165,079 | Reduce 9.06% | 1.66 M | $96.25 |
| Q4 2022 | +293,137 | Add 17.69% | 1.95 M | $84.84 |
| Q1 2023 | +1.17 M | Add 59.84% | 3.12 M | $71.68 |
| Q2 2023 | -531,251 | Reduce 17.05% | 2.59 M | $69.42 |
| Q3 2023 | -1.13 M | Reduce 43.85% | 1.45 M | $85.74 |
| Q4 2023 | -744,729 | Reduce 51.31% | 706,791 | $78.96 |
| Q1 2024 | -25,265 | Reduce 3.57% | 681,526 | $82.21 |
| Q2 2024 | -398,446 | Reduce 58.46% | 283,080 | $74.12 |
| Q3 2024 | -4,330 | Reduce 1.53% | 278,750 | $85.57 |
| Q4 2024 | +157,105 | Add 56.36% | 435,855 | $84.84 |
| Q1 2025 | +492,846 | Add 113.08% | 928,701 | $77.66 |
| Q2 2025 | +60,940 | Add 6.56% | 989,641 | $90.81 |
| Q3 2025 | -126,715 | Reduce 12.80% | 862,926 | $89.66 |
Cliff Asness's CF Industries Holdings Investment FAQs
Cliff Asness first purchased CF Industries Holdings, Inc. (CF) in Q4 2012, acquiring 2,855,640 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 CF Industries Holdings, Inc. (CF) 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 CF Industries Holdings, Inc. (CF) was in Q4 2012, adding 2,855,640 shares worth $116.03 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 862,926 shares of CF Industries Holdings, Inc. (CF), valued at approximately $77.37 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, CF Industries Holdings, Inc. (CF) represents approximately 0.05% 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 CF Industries Holdings, Inc. (CF) was 3,276,645 shares, as reported at the end of Q1 2015. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.