Cliff Asness's EXPO Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 547,737 shares of Exponent, Inc. (EXPO) worth $38.05 M, representing 0.02% 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 EXPO, representing a significant commitment to this investment thesis. Largest addition occurred in Q4 2025, adding 293,075 shares. Largest reduction occurred in Q2 2014, reducing 52,000 shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Exponent (EXPO) Holding Value Over Time
Track share changes against reported price movement
Quarterly Exponent (EXPO) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +293,075 | Add 115.08% | 547,737 | $69.46 |
| Q3 2025 | +143,406 | Add 128.90% | 254,662 | $69.43 |
| Q2 2025 | +28,064 | Add 33.73% | 111,256 | $74.71 |
| Q1 2025 | +26,120 | Add 45.77% | 83,192 | $81.06 |
| Q4 2024 | -11,064 | Reduce 16.24% | 57,072 | $89.10 |
| Q3 2024 | -129 | Reduce 0.19% | 68,136 | $113.28 |
| Q2 2024 | +28,940 | Add 73.59% | 68,265 | $95.12 |
| Q1 2024 | +13,584 | Add 52.77% | 39,325 | $82.66 |
| Q4 2023 | +2,233 | Add 9.50% | 25,741 | $88.04 |
| Q3 2023 | +8,203 | Add 53.60% | 23,508 | $85.60 |
| Q2 2023 | +7,237 | Add 89.70% | 15,305 | $93.31 |
| Q1 2023 | -560 | Reduce 6.49% | 8,068 | $99.69 |
| Q4 2022 | +20 | Add 0.23% | 8,628 | $99.09 |
| Q3 2022 | -1,292 | Reduce 13.05% | 8,608 | $87.71 |
| Q2 2022 | -3,919 | Reduce 28.36% | 9,900 | $91.52 |
| Q1 2022 | +692 | Add 5.27% | 13,819 | $108.04 |
| Q4 2021 | +5,386 | Add 69.58% | 13,127 | $116.71 |
| Q3 2021 | -43 | Reduce 0.55% | 7,741 | $113.16 |
| Q1 2021 | -9,729 | Reduce 55.55% | 7,784 | $97.51 |
| Q4 2020 | -1,771 | Reduce 9.18% | 17,513 | $90.05 |
| Q3 2020 | -1,079 | Reduce 5.30% | 19,284 | $72.03 |
| Q2 2020 | -2,678 | Reduce 11.62% | 20,363 | $80.93 |
| Q1 2020 | -6,206 | Reduce 21.22% | 23,041 | $71.92 |
| Q4 2019 | -1,558 | Reduce 5.06% | 29,247 | $69.00 |
| Q3 2019 | +4,906 | Add 18.94% | 30,805 | $69.89 |
| Q2 2019 | +1,737 | Add 7.19% | 25,899 | $58.54 |
| Q1 2019 | +447 | Add 1.88% | 24,162 | $57.74 |
| Q4 2018 | -897 | Reduce 3.64% | 23,715 | $50.73 |
| Q3 2018 | +8,466 | Add 52.43% | 24,612 | $53.59 |
| Q2 2018 | +4,438 | Add 37.91% | 16,146 | $48.31 |
| Q4 2017 | +1,944 | Add 19.91% | 11,708 | $35.53 |
| Q3 2017 | +1,950 | Add 24.96% | 9,764 | $36.97 |
| Q1 2017 | -9,146 | Reduce 53.93% | 7,814 | $29.82 |
| Q4 2016 | -15,374 | Reduce 47.55% | 16,960 | $30.13 |
| Q3 2016 | -5,608 | Reduce 14.78% | 32,334 | $25.51 |
| Q2 2016 | -15,918 | Reduce 29.55% | 37,942 | $29.20 |
| Q1 2016 | -17,158 | Reduce 24.16% | 53,860 | $25.51 |
| Q4 2015 | -34,884 | Reduce 32.94% | 71,018 | $24.98 |
| Q3 2015 | -10,410 | Reduce 8.95% | 105,902 | $22.28 |
| Q2 2015 | +22,020 | Add 23.35% | 116,312 | $22.40 |
| Q1 2015 | -5,200 | Reduce 5.23% | 94,292 | $22.23 |
| Q4 2014 | -15,192 | Reduce 13.25% | 99,492 | $20.63 |
| Q3 2014 | -13,200 | Reduce 10.32% | 114,684 | $17.72 |
| Q2 2014 | -52,000 | Reduce 28.91% | 127,884 | $18.52 |
| Q1 2014 | +13,724 | Add 8.26% | 179,884 | $18.77 |
| Q4 2013 | +1,200 | Add 0.73% | 166,160 | $19.36 |
| Q3 2013 | -43,200 | Reduce 20.75% | 164,960 | $17.96 |
| Q2 2013 | +208,160 | Add 0.00% | 208,160 | $14.78 |
| Q4 2012 | +206,160 | Add 0.00% | 206,160 | $13.96 |
Cliff Asness's Exponent Investment FAQs
Cliff Asness first purchased Exponent, Inc. (EXPO) in Q4 2012, acquiring 206,160 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 Exponent, Inc. (EXPO) for 53 quarters since Q4 2012.
Cliff Asness's largest addition to Exponent, Inc. (EXPO) was in Q4 2025, adding 547,737 shares worth $38.05 M.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 547,737 shares of Exponent, Inc. (EXPO), valued at approximately $38.05 M.
As of the Q4 2025 filing, Exponent, Inc. (EXPO) represents approximately 0.02% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in Exponent, Inc. (EXPO) was 547,737 shares, as reported at the end of Q4 2025.