Cliff Asness's ECL Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 782,870 shares of Ecolab Inc. (ECL) worth $213.64 M, representing 0.14% 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 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 2012 | +18,666 | Add 0.00% | 18,665 | $71.90 |
| Q2 2013 | +34,666 | Add 0.00% | 34,665 | $85.19 |
| Q3 2013 | -7,557 | Reduce 21.80% | 27,108 | $98.75 |
| Q4 2013 | +23,339 | Add 86.10% | 50,447 | $104.27 |
| Q1 2014 | -323 | Reduce 0.64% | 50,124 | $107.99 |
| Q2 2014 | -21,200 | Reduce 42.30% | 28,924 | $111.33 |
| Q3 2014 | +3,100 | Add 10.72% | 32,024 | $114.82 |
| Q4 2014 | -12,859 | Reduce 40.15% | 19,165 | $104.51 |
| Q1 2015 | -13,100 | Reduce 68.35% | 6,065 | $114.43 |
| Q3 2015 | +25,887 | Add 426.83% | 31,952 | $109.73 |
| Q4 2015 | +1,749 | Add 5.47% | 33,701 | $114.39 |
| Q1 2016 | +1,150 | Add 3.41% | 34,851 | $111.53 |
| Q2 2016 | +6,296 | Add 18.07% | 41,147 | $118.60 |
| Q3 2016 | +7,574 | Add 18.41% | 48,721 | $121.71 |
| Q4 2016 | +16,689 | Add 34.25% | 65,410 | $117.21 |
| Q1 2017 | +3,796 | Add 5.80% | 69,206 | $125.34 |
| Q2 2017 | +15,208 | Add 21.97% | 84,414 | $132.75 |
| Q3 2017 | +13,149 | Add 15.58% | 97,563 | $128.61 |
| Q4 2017 | +38,466 | Add 39.43% | 136,029 | $134.18 |
| Q1 2018 | +2,814 | Add 2.07% | 138,843 | $137.07 |
| Q2 2018 | +30,735 | Add 22.14% | 169,578 | $140.33 |
| Q3 2018 | +119,690 | Add 70.58% | 289,268 | $156.78 |
| Q4 2018 | +111,701 | Add 38.62% | 400,969 | $147.35 |
| Q1 2019 | +11,000 | Add 2.74% | 411,969 | $175.58 |
| Q2 2019 | +147,074 | Add 35.70% | 559,043 | $197.44 |
| Q3 2019 | +111,311 | Add 19.91% | 670,354 | $198.04 |
| Q4 2019 | +163,451 | Add 24.38% | 833,805 | $192.99 |
| Q1 2020 | -15,149 | Reduce 1.82% | 818,656 | $155.83 |
| Q2 2020 | -89,780 | Reduce 10.97% | 728,876 | $194.74 |
| Q3 2020 | -31,752 | Reduce 4.36% | 697,124 | $199.84 |
| Q4 2020 | +4,031 | Add 0.58% | 701,155 | $216.36 |
| Q1 2021 | -34,554 | Reduce 4.93% | 666,601 | $214.07 |
| Q2 2021 | -111,211 | Reduce 16.68% | 555,390 | $205.57 |
| Q3 2021 | -92,561 | Reduce 16.67% | 462,829 | $208.62 |
| Q4 2021 | -67,661 | Reduce 14.62% | 395,168 | $233.52 |
| Q1 2022 | -37,079 | Reduce 9.38% | 358,089 | $176.56 |
| Q2 2022 | -109,929 | Reduce 30.70% | 248,160 | $150.75 |
| Q3 2022 | -58,572 | Reduce 23.60% | 189,588 | $144.42 |
| Q4 2022 | -117,171 | Reduce 61.80% | 72,417 | $145.56 |
| Q1 2023 | -61,310 | Reduce 84.66% | 11,107 | $164.49 |
| Q2 2023 | +3,402 | Add 30.63% | 14,509 | $185.05 |
| Q3 2023 | +23,310 | Add 160.66% | 37,819 | $169.40 |
| Q4 2023 | +9,488 | Add 25.09% | 47,307 | $198.35 |
| Q1 2024 | +50,412 | Add 106.56% | 97,719 | $230.90 |
| Q2 2024 | +11,802 | Add 12.08% | 109,521 | $238.00 |
| Q3 2024 | +121,190 | Add 110.65% | 230,711 | $253.39 |
| Q4 2024 | -34,731 | Reduce 15.05% | 195,980 | $234.32 |
| Q1 2025 | +141,409 | Add 72.15% | 337,389 | $250.32 |
| Q2 2025 | +389,981 | Add 115.59% | 727,370 | $266.38 |
| Q3 2025 | +55,500 | Add 7.63% | 782,870 | $272.89 |
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 52 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 Q3 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 782,870 shares of Ecolab Inc. (ECL), valued at approximately $213.64 M.
As of the Q3 2025 filing, Ecolab Inc. (ECL) represents approximately 0.14% 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 833,805 shares, as reported at the end of Q4 2019.