Cliff Asness's ECL Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 929,547 shares of Ecolab Inc. (ECL) worth $244.02 M, representing 0.13% 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 ECL, representing a significant commitment to this investment thesis. Largest addition occurred in Q2 2025, adding 389,981 shares. Largest reduction occurred in Q4 2022, reducing 117,171 shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Ecolab (ECL) Holding Value Over Time
Track share changes against reported price movement
Quarterly Ecolab (ECL) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +146,677 | Add 18.74% | 929,547 | $262.52 |
| Q3 2025 | +55,500 | Add 7.63% | 782,870 | $272.89 |
| Q2 2025 | +389,981 | Add 115.59% | 727,370 | $266.38 |
| Q1 2025 | +141,409 | Add 72.15% | 337,389 | $250.32 |
| Q4 2024 | -34,731 | Reduce 15.05% | 195,980 | $234.32 |
| Q3 2024 | +121,190 | Add 110.65% | 230,711 | $253.39 |
| Q2 2024 | +11,802 | Add 12.08% | 109,521 | $238.00 |
| Q1 2024 | +50,412 | Add 106.56% | 97,719 | $230.90 |
| Q4 2023 | +9,488 | Add 25.09% | 47,307 | $198.35 |
| Q3 2023 | +23,310 | Add 160.66% | 37,819 | $169.40 |
| Q2 2023 | +3,402 | Add 30.63% | 14,509 | $185.05 |
| Q1 2023 | -61,310 | Reduce 84.66% | 11,107 | $164.49 |
| Q4 2022 | -117,171 | Reduce 61.80% | 72,417 | $145.56 |
| Q3 2022 | -58,572 | Reduce 23.60% | 189,588 | $144.42 |
| Q2 2022 | -109,929 | Reduce 30.70% | 248,160 | $150.75 |
| Q1 2022 | -37,079 | Reduce 9.38% | 358,089 | $176.56 |
| Q4 2021 | -67,661 | Reduce 14.62% | 395,168 | $233.52 |
| Q3 2021 | -92,561 | Reduce 16.67% | 462,829 | $208.62 |
| Q2 2021 | -111,211 | Reduce 16.68% | 555,390 | $205.57 |
| Q1 2021 | -34,554 | Reduce 4.93% | 666,601 | $214.07 |
| Q4 2020 | +4,031 | Add 0.58% | 701,155 | $216.36 |
| Q3 2020 | -31,752 | Reduce 4.36% | 697,124 | $199.84 |
| Q2 2020 | -89,780 | Reduce 10.97% | 728,876 | $194.74 |
| Q1 2020 | -15,149 | Reduce 1.82% | 818,656 | $155.83 |
| Q4 2019 | +163,451 | Add 24.38% | 833,805 | $192.99 |
| Q3 2019 | +111,311 | Add 19.91% | 670,354 | $198.04 |
| Q2 2019 | +147,074 | Add 35.70% | 559,043 | $197.44 |
| Q1 2019 | +11,000 | Add 2.74% | 411,969 | $175.58 |
| Q4 2018 | +111,701 | Add 38.62% | 400,969 | $147.35 |
| Q3 2018 | +119,690 | Add 70.58% | 289,268 | $156.78 |
| Q2 2018 | +30,735 | Add 22.14% | 169,578 | $140.33 |
| Q1 2018 | +2,814 | Add 2.07% | 138,843 | $137.07 |
| Q4 2017 | +38,466 | Add 39.43% | 136,029 | $134.18 |
| Q3 2017 | +13,149 | Add 15.58% | 97,563 | $128.61 |
| Q2 2017 | +15,208 | Add 21.97% | 84,414 | $132.75 |
| Q1 2017 | +3,796 | Add 5.80% | 69,206 | $125.34 |
| Q4 2016 | +16,689 | Add 34.25% | 65,410 | $117.21 |
| Q3 2016 | +7,574 | Add 18.41% | 48,721 | $121.71 |
| Q2 2016 | +6,296 | Add 18.07% | 41,147 | $118.60 |
| Q1 2016 | +1,150 | Add 3.41% | 34,851 | $111.53 |
| Q4 2015 | +1,749 | Add 5.47% | 33,701 | $114.39 |
| Q3 2015 | +25,887 | Add 426.83% | 31,952 | $109.73 |
| Q1 2015 | -13,100 | Reduce 68.35% | 6,065 | $114.43 |
| Q4 2014 | -12,859 | Reduce 40.15% | 19,165 | $104.51 |
| Q3 2014 | +3,100 | Add 10.72% | 32,024 | $114.82 |
| Q2 2014 | -21,200 | Reduce 42.30% | 28,924 | $111.33 |
| Q1 2014 | -323 | Reduce 0.64% | 50,124 | $107.99 |
| Q4 2013 | +23,339 | Add 86.10% | 50,447 | $104.27 |
| Q3 2013 | -7,557 | Reduce 21.80% | 27,108 | $98.75 |
| Q2 2013 | +34,665 | Add 0.00% | 34,665 | $85.19 |
| Q4 2012 | +18,665 | Add 0.00% | 18,665 | $71.90 |
Cliff Asness's Ecolab Investment FAQs
Cliff Asness first purchased Ecolab Inc. (ECL) in Q4 2012, acquiring 18,665 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 Ecolab Inc. (ECL) for 53 quarters since Q4 2012.
Cliff Asness's largest addition to Ecolab Inc. (ECL) was in Q2 2025, adding 727,370 shares worth $193.75 M.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 929,547 shares of Ecolab Inc. (ECL), valued at approximately $244.02 M.
As of the Q4 2025 filing, Ecolab Inc. (ECL) represents approximately 0.13% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in Ecolab Inc. (ECL) was 929,547 shares, as reported at the end of Q4 2025.