Cliff Asness's DHI Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 1.8M shares of D.R. Horton, Inc. (DHI) worth $307.39 M, representing 0.20% 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 DHI, representing a significant commitment to this investment thesis. Largest addition occurred in Q1 2016, adding 3.4M shares. Largest reduction occurred in Q4 2018, reducing 3.2M shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's DR Horton (DHI) Holding Value Over Time
Track share changes against reported price movement
Quarterly DR Horton (DHI) Trades by Cliff Asness
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2012 | +364,985 | Add 0.00% | 364,984 | $19.78 |
| Q2 2013 | +305,979 | Add 0.00% | 305,978 | $21.28 |
| Q3 2013 | -235,133 | Reduce 76.85% | 70,845 | $19.44 |
| Q4 2013 | +27,248 | Add 38.46% | 98,093 | $22.32 |
| Q1 2014 | -35,293 | Reduce 35.98% | 62,800 | $21.66 |
| Q2 2014 | +730,492 | Add 1163.20% | 793,292 | $24.58 |
| Q3 2014 | -582,192 | Reduce 73.39% | 211,100 | $20.52 |
| Q4 2014 | +725,098 | Add 343.49% | 936,198 | $25.29 |
| Q1 2015 | +11,823 | Add 1.26% | 948,021 | $28.48 |
| Q2 2015 | +189,737 | Add 20.01% | 1.14 M | $27.36 |
| Q3 2015 | +82,789 | Add 7.28% | 1.22 M | $29.36 |
| Q4 2015 | +1.79 M | Add 146.97% | 3.01 M | $32.03 |
| Q1 2016 | +3.45 M | Add 114.42% | 6.46 M | $30.23 |
| Q2 2016 | +854,118 | Add 13.21% | 7.32 M | $31.48 |
| Q3 2016 | -473,965 | Reduce 6.48% | 6.84 M | $30.20 |
| Q4 2016 | +568,013 | Add 8.30% | 7.41 M | $27.33 |
| Q1 2017 | -772,242 | Reduce 10.42% | 6.64 M | $33.31 |
| Q2 2017 | +1.11 M | Add 16.70% | 7.75 M | $34.57 |
| Q3 2017 | -918,146 | Reduce 11.85% | 6.83 M | $39.93 |
| Q4 2017 | -2.17 M | Reduce 31.77% | 4.66 M | $51.07 |
| Q1 2018 | +1.34 M | Add 28.71% | 6 M | $43.84 |
| Q2 2018 | -208,103 | Reduce 3.47% | 5.79 M | $41.00 |
| Q3 2018 | -1.76 M | Reduce 30.49% | 4.02 M | $42.18 |
| Q4 2018 | -3.23 M | Reduce 80.17% | 798,055 | $34.66 |
| Q1 2019 | -743,191 | Reduce 93.13% | 54,864 | $41.38 |
| Q2 2019 | -47,292 | Reduce 86.20% | 7,572 | $43.19 |
| Q3 2019 | +89,514 | Add 1182.17% | 97,086 | $52.71 |
| Q4 2019 | +1.72 M | Add 1772.95% | 1.82 M | $52.75 |
| Q1 2020 | +62,075 | Add 3.41% | 1.88 M | $34.00 |
| Q2 2020 | -792,434 | Reduce 42.14% | 1.09 M | $54.35 |
| Q3 2020 | -569,145 | Reduce 52.31% | 518,870 | $74.88 |
| Q4 2020 | -288,978 | Reduce 55.69% | 229,892 | $68.92 |
| Q1 2021 | +117,399 | Add 51.07% | 347,291 | $89.12 |
| Q2 2021 | -24,632 | Reduce 7.09% | 322,659 | $90.37 |
| Q3 2021 | -49,881 | Reduce 15.46% | 272,778 | $83.97 |
| Q4 2021 | +137,416 | Add 50.38% | 410,194 | $107.25 |
| Q1 2022 | -104,613 | Reduce 25.50% | 305,581 | $74.51 |
| Q2 2022 | +81,312 | Add 26.61% | 386,893 | $65.17 |
| Q3 2022 | -252,295 | Reduce 65.21% | 134,598 | $67.35 |
| Q4 2022 | -66,554 | Reduce 49.45% | 68,044 | $88.92 |
| Q1 2023 | -53,759 | Reduce 79.01% | 14,285 | $96.20 |
| Q2 2023 | +423,268 | Add 2963.02% | 437,553 | $120.12 |
| Q3 2023 | +116,565 | Add 26.64% | 554,118 | $107.47 |
| Q4 2023 | -21,942 | Reduce 3.96% | 532,176 | $151.98 |
| Q1 2024 | +100,798 | Add 18.94% | 632,974 | $164.24 |
| Q2 2024 | -188,640 | Reduce 29.80% | 444,334 | $140.93 |
| Q3 2024 | -216,967 | Reduce 48.83% | 227,367 | $189.04 |
| Q4 2024 | +22,417 | Add 9.86% | 249,784 | $139.82 |
| Q1 2025 | +204,290 | Add 81.79% | 454,074 | $125.58 |
| Q2 2025 | +619,509 | Add 136.43% | 1.07 M | $128.48 |
| Q3 2025 | +749,701 | Add 69.83% | 1.82 M | $168.59 |
Cliff Asness's DR Horton Investment FAQs
Cliff Asness first purchased D.R. Horton, Inc. (DHI) in Q4 2012, acquiring 364,984 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 D.R. Horton, Inc. (DHI) 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 D.R. Horton, Inc. (DHI) was in Q1 2016, adding 6,463,524 shares worth $195.39 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 1,823,284 shares of D.R. Horton, Inc. (DHI), valued at approximately $307.39 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, D.R. Horton, Inc. (DHI) represents approximately 0.20% 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 D.R. Horton, Inc. (DHI) was 7,747,972 shares, as reported at the end of Q2 2017. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.