Cliff Asness's SPY Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 574.1K shares of SPDR S&P 500 ETF Trust (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 44 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in SPY, representing a significant commitment to this investment thesis. Largest addition occurred in Q1 2015, adding 464.0K shares. Largest reduction occurred in Q3 2015, reducing 1.1M shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's SPDR S&P 500 ETF Trust (SPY) Holding Value Over Time
Track share changes against reported price movement
Quarterly SPDR S&P 500 ETF Trust (SPY) Trades by Cliff Asness
| Period | 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 | 106,073 | $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 SPDR S&P 500 ETF Trust Investment FAQs
Cliff Asness first purchased SPDR S&P 500 ETF Trust (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 SPDR S&P 500 ETF Trust (SPY) for 44 quarters since Q4 2014. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness's largest addition to SPDR S&P 500 ETF Trust (SPY) was in Q4 2014, adding 1,059,465 shares worth $217.76 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 574,133 shares of SPDR S&P 500 ETF Trust (SPY), valued at approximately $382.48 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, SPDR S&P 500 ETF Trust (SPY) represents approximately 0.25% 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 SPDR S&P 500 ETF Trust (SPY) was 1,523,496 shares, as reported at the end of Q1 2015. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.