Cliff Asness's SPY Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 574,133 shares of State Street SPDR S&P 500 ETF (SPY) worth $382.48 M, representing 0.25% of the portfolio. First purchased in 2014-Q4, this long-term strategic position has been held for 36 quarters.
Based on 13F filings, Cliff Asness has maintained a strategic position in SPY, demonstrating sustained confidence in this investment. Largest addition occurred in Q1 2015, adding 464,031 shares. Largest reduction occurred in Q3 2015, reducing 1.1 M shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's State Street SPDR S&P 500 ETF (SPY) Holding Value Over Time
Track share changes against reported price movement
Quarterly State Street SPDR S&P 500 ETF (SPY) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2014 | +1.06 M | New Buy | 1.06 M | $205.54 |
| Q1 2015 | +464,031 | Add 43.80% | 1.52 M | $206.43 |
| Q2 2015 | -62,718 | Reduce 4.12% | 1.46 M | $205.85 |
| Q3 2015 | -1.1 M | Reduce 75.46% | 358,546 | $191.63 |
| Q4 2015 | +17,028 | Add 4.75% | 375,574 | $203.89 |
| Q1 2016 | +79,422 | Add 21.15% | 454,996 | $205.56 |
| Q2 2016 | -68,246 | Reduce 15.00% | 386,750 | $209.53 |
| Q3 2016 | -17,847 | Reduce 4.61% | 368,903 | $216.30 |
| Q4 2016 | +209,410 | Add 56.77% | 578,313 | $223.53 |
| Q1 2017 | -40,049 | Reduce 6.93% | 538,264 | $235.74 |
| Q2 2017 | +71,169 | Add 13.22% | 609,433 | $241.80 |
| Q3 2017 | -136,341 | Reduce 22.37% | 473,092 | $251.23 |
| Q4 2017 | -52,222 | Reduce 11.04% | 420,870 | $266.86 |
| Q1 2018 | +226,977 | Add 53.93% | 647,847 | $259.84 |
| Q2 2018 | -258,150 | Reduce 39.85% | 389,697 | $269.74 |
| Q3 2018 | -162,720 | Reduce 41.76% | 226,977 | $290.72 |
| Q4 2018 | -25,994 | Reduce 11.45% | 200,983 | $249.92 |
| Q1 2019 | +15,642 | Add 7.78% | 216,625 | $282.48 |
| Q2 2019 | -49,816 | Reduce 23.00% | 166,809 | $293.00 |
| Q3 2019 | +13,043 | Add 7.82% | 179,852 | $296.77 |
| Q4 2019 | -9,290 | Reduce 5.17% | 170,562 | $321.86 |
| Q1 2020 | +79,328 | Add 46.51% | 249,890 | $257.75 |
| Q2 2020 | -125,527 | Reduce 50.23% | 124,363 | $308.36 |
| Q3 2020 | +1,495 | Add 1.20% | 125,858 | $334.89 |
| Q4 2020 | -19,785 | Reduce 15.72% | 106,073 | $373.88 |
| Q1 2021 | -106,073 | Sold Out | 0 | $0.00 |
| Q2 2023 | +1,850 | New Buy | 1,850 | $443.28 |
| Q3 2023 | +3,019 | Add 163.19% | 4,869 | $427.48 |
| Q4 2023 | +4,882 | Add 100.27% | 9,751 | $475.31 |
| Q1 2024 | +28,675 | Add 294.07% | 38,426 | $523.07 |
| Q2 2024 | -4,455 | Reduce 11.59% | 33,971 | $544.22 |
| Q3 2024 | +17,356 | Add 51.09% | 51,327 | $573.76 |
| Q4 2024 | +45,253 | Add 88.17% | 96,580 | $586.08 |
| Q1 2025 | +230,205 | Add 238.36% | 326,785 | $559.39 |
| Q2 2025 | +72,215 | Add 22.10% | 399,000 | $617.85 |
| Q3 2025 | +175,133 | Add 43.89% | 574,133 | $666.18 |
Cliff Asness's State Street SPDR S&P 500 ETF Investment FAQs
Cliff Asness first purchased State Street SPDR S&P 500 ETF (SPY) in Q4 2014, acquiring 1,059,465 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 State Street SPDR S&P 500 ETF (SPY) for 36 quarters since Q4 2014.
Cliff Asness's largest addition to State Street SPDR S&P 500 ETF (SPY) was in Q4 2014, adding 1,059,465 shares worth $217.76 M.
According to the latest 13F filing for Q3 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 574,133 shares of State Street SPDR S&P 500 ETF (SPY), valued at approximately $382.48 M.
As of the Q3 2025 filing, State Street SPDR S&P 500 ETF (SPY) represents approximately 0.25% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in State Street SPDR S&P 500 ETF (SPY) was 1,523,496 shares, as reported at the end of Q1 2015.