Cliff Asness's COP Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 3.6 M shares of ConocoPhillips (COP) worth $336.54 M, representing 0.18% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 53 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in COP, representing a significant commitment to this investment thesis. Largest addition occurred in Q2 2018, adding 4.18 M shares. Largest reduction occurred in Q2 2025, reducing 3.34 M shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's ConocoPhillips (COP) Holding Value Over Time
Track share changes against reported price movement
Quarterly ConocoPhillips (COP) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +2.5 M | Add 229.22% | 3.6 M | $93.61 |
| Q3 2025 | -237,048 | Reduce 17.84% | 1.09 M | $94.59 |
| Q2 2025 | -3.34 M | Reduce 71.51% | 1.33 M | $89.67 |
| Q1 2025 | +3.06 M | Add 190.45% | 4.66 M | $103.88 |
| Q4 2024 | +728,872 | Add 83.11% | 1.61 M | $98.39 |
| Q3 2024 | +261,859 | Add 42.57% | 877,031 | $104.23 |
| Q2 2024 | +123,834 | Add 25.20% | 615,172 | $114.38 |
| Q1 2024 | +252,602 | Add 105.81% | 491,338 | $127.28 |
| Q4 2023 | -158,584 | Reduce 39.91% | 238,736 | $116.07 |
| Q3 2023 | +19,756 | Add 5.23% | 397,320 | $119.80 |
| Q2 2023 | -360,225 | Reduce 48.82% | 377,564 | $103.05 |
| Q1 2023 | -439,609 | Reduce 37.34% | 737,789 | $99.21 |
| Q4 2022 | -648,097 | Reduce 35.50% | 1.18 M | $116.77 |
| Q3 2022 | -391,059 | Reduce 17.64% | 1.83 M | $102.34 |
| Q2 2022 | +80,878 | Add 3.79% | 2.22 M | $89.81 |
| Q1 2022 | -708,688 | Reduce 24.92% | 2.14 M | $100.00 |
| Q4 2021 | +1.74 M | Add 157.53% | 2.84 M | $71.95 |
| Q3 2021 | +1.02 M | Add 1185.42% | 1.1 M | $67.77 |
| Q2 2021 | -205,154 | Reduce 70.48% | 85,923 | $60.81 |
| Q1 2021 | +210,965 | Add 263.34% | 291,077 | $52.97 |
| Q4 2020 | -430,459 | Reduce 84.31% | 80,112 | $39.77 |
| Q3 2020 | -270,250 | Reduce 34.61% | 510,571 | $32.84 |
| Q2 2020 | -43,083 | Reduce 5.23% | 780,821 | $40.45 |
| Q1 2020 | -97,297 | Reduce 10.56% | 823,904 | $30.33 |
| Q4 2019 | -872,313 | Reduce 48.64% | 921,201 | $64.84 |
| Q3 2019 | -3.21 M | Reduce 64.14% | 1.79 M | $56.98 |
| Q2 2019 | -2.37 M | Reduce 32.15% | 5 M | $61.00 |
| Q1 2019 | -612,027 | Reduce 7.67% | 7.37 M | $66.74 |
| Q4 2018 | -612,613 | Reduce 7.13% | 7.98 M | $62.35 |
| Q3 2018 | +3.95 M | Add 85.08% | 8.6 M | $77.40 |
| Q2 2018 | +4.18 M | Add 898.44% | 4.64 M | $70.27 |
| Q1 2018 | +62,544 | Add 15.53% | 465,192 | $59.29 |
| Q4 2017 | -163,671 | Reduce 28.90% | 402,648 | $54.89 |
| Q3 2017 | +111,944 | Add 24.64% | 566,319 | $50.05 |
| Q2 2017 | -1.52 M | Reduce 76.98% | 454,375 | $43.96 |
| Q1 2017 | +113,651 | Add 6.11% | 1.97 M | $49.87 |
| Q4 2016 | -706,305 | Reduce 27.52% | 1.86 M | $50.14 |
| Q3 2016 | +1.62 M | Add 170.65% | 2.57 M | $43.47 |
| Q2 2016 | +259,793 | Add 37.74% | 948,201 | $43.60 |
| Q1 2016 | -981,858 | Reduce 58.78% | 688,408 | $40.27 |
| Q4 2015 | +248,428 | Add 17.47% | 1.67 M | $46.69 |
| Q3 2015 | -345,765 | Reduce 19.56% | 1.42 M | $47.96 |
| Q2 2015 | +376,941 | Add 27.11% | 1.77 M | $61.41 |
| Q1 2015 | +56,724 | Add 4.25% | 1.39 M | $62.26 |
| Q4 2014 | -654,650 | Reduce 32.92% | 1.33 M | $69.06 |
| Q3 2014 | +56,397 | Add 2.92% | 1.99 M | $76.52 |
| Q2 2014 | +877,000 | Add 83.11% | 1.93 M | $85.73 |
| Q1 2014 | +368,103 | Add 53.57% | 1.06 M | $70.35 |
| Q4 2013 | +202,237 | Add 41.71% | 687,088 | $70.65 |
| Q3 2013 | -142,696 | Reduce 22.74% | 484,851 | $69.51 |
| Q2 2013 | +627,547 | Add 0.00% | 627,547 | $60.50 |
| Q4 2012 | +878,308 | Add 0.00% | 878,308 | $57.99 |
Cliff Asness's ConocoPhillips Investment FAQs
Cliff Asness first purchased ConocoPhillips (COP) in Q4 2012, acquiring 878,308 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 ConocoPhillips (COP) for 53 quarters since Q4 2012.
Cliff Asness's largest addition to ConocoPhillips (COP) was in Q2 2018, adding 4,644,663 shares worth $326.4 M.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 3,595,177 shares of ConocoPhillips (COP), valued at approximately $336.54 M.
As of the Q4 2025 filing, ConocoPhillips (COP) represents approximately 0.18% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in ConocoPhillips (COP) was 8,596,351 shares, as reported at the end of Q3 2018.