Cliff Asness's FBP Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 234,498 shares of First BanCorp. (FBP) worth $5.01 M, representing 0.00% of the portfolio. First purchased in 2014-Q4, this long-term strategic position has been held for 46 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in FBP, representing a significant commitment to this investment thesis. Largest addition occurred in Q1 2017, adding 1.6 M shares. Largest reduction occurred in Q4 2017, reducing 1.56 M shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's First Ban (FBP) Holding Value Over Time
Track share changes against reported price movement
Quarterly First Ban (FBP) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q1 2026 | +23,768 | Add 11.28% | 234,498 | $21.36 |
| Q4 2025 | -14,988 | Reduce 6.64% | 210,730 | $20.73 |
| Q3 2025 | -16,800 | Reduce 6.93% | 225,718 | $22.05 |
| Q2 2025 | +40,607 | Add 20.11% | 242,518 | $20.83 |
| Q1 2025 | -58,601 | Reduce 22.49% | 201,911 | $19.17 |
| Q4 2024 | +52,540 | Add 25.26% | 260,512 | $18.59 |
| Q3 2024 | +136,042 | Add 189.13% | 207,972 | $21.17 |
| Q2 2024 | +17,939 | Add 33.23% | 71,930 | $18.29 |
| Q1 2024 | +17,244 | Add 46.93% | 53,991 | $17.54 |
| Q4 2023 | +5,517 | Add 17.67% | 36,747 | $16.45 |
| Q3 2023 | +2,119 | Add 7.28% | 31,230 | $13.46 |
| Q2 2023 | -33,213 | Reduce 53.29% | 29,111 | $12.22 |
| Q1 2023 | -17,840 | Reduce 22.25% | 62,324 | $11.42 |
| Q4 2022 | -30,200 | Reduce 27.36% | 80,164 | $12.72 |
| Q3 2022 | +1,807 | Add 1.66% | 110,364 | $13.68 |
| Q2 2022 | -44,654 | Reduce 29.15% | 108,557 | $12.91 |
| Q1 2022 | -85,881 | Reduce 35.92% | 153,211 | $13.12 |
| Q4 2021 | +29,378 | Add 14.01% | 239,092 | $13.78 |
| Q3 2021 | +21,696 | Add 11.54% | 209,714 | $13.15 |
| Q2 2021 | +49,176 | Add 35.42% | 188,018 | $11.92 |
| Q1 2021 | -39,733 | Reduce 22.25% | 138,842 | $11.26 |
| Q4 2020 | -335,389 | Reduce 65.26% | 178,575 | $9.22 |
| Q3 2020 | -352,859 | Reduce 40.71% | 513,964 | $5.22 |
| Q2 2020 | -57,142 | Reduce 6.18% | 866,823 | $5.59 |
| Q1 2020 | -289,543 | Reduce 23.86% | 923,965 | $5.32 |
| Q4 2019 | -47,966 | Reduce 3.80% | 1.21 M | $10.59 |
| Q3 2019 | +54,881 | Add 4.55% | 1.26 M | $9.98 |
| Q2 2019 | +8,810 | Add 0.74% | 1.21 M | $11.04 |
| Q1 2019 | -371,425 | Reduce 23.67% | 1.2 M | $11.46 |
| Q4 2018 | -265,206 | Reduce 14.46% | 1.57 M | $8.60 |
| Q3 2018 | -183,850 | Reduce 9.11% | 1.83 M | $9.10 |
| Q2 2018 | -183,952 | Reduce 8.35% | 2.02 M | $7.65 |
| Q1 2018 | -160,882 | Reduce 6.81% | 2.2 M | $6.02 |
| Q4 2017 | -1.56 M | Reduce 39.75% | 2.36 M | $5.10 |
| Q3 2017 | +19,789 | Add 0.51% | 3.92 M | $5.12 |
| Q2 2017 | +353,430 | Add 9.96% | 3.9 M | $5.79 |
| Q1 2017 | +1.6 M | Add 82.16% | 3.55 M | $5.65 |
| Q4 2016 | +1.09 M | Add 127.16% | 1.95 M | $6.61 |
| Q3 2016 | +338,376 | Add 65.17% | 857,581 | $5.20 |
| Q2 2016 | -266,199 | Reduce 33.89% | 519,205 | $3.97 |
| Q1 2016 | +128,799 | Add 19.62% | 785,404 | $2.92 |
| Q4 2015 | +64,021 | Add 10.80% | 656,605 | $3.25 |
| Q3 2015 | -7,519 | Reduce 1.25% | 592,584 | $3.56 |
| Q2 2015 | +349,103 | Add 139.08% | 600,103 | $4.82 |
| Q1 2015 | +234,100 | Add 1385.21% | 251,000 | $6.20 |
| Q4 2014 | +16,900 | New Buy | 16,900 | $5.86 |
Cliff Asness's First Ban Investment FAQs
Cliff Asness first purchased First BanCorp. (FBP) in Q4 2014, acquiring 16,900 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 First BanCorp. (FBP) for 46 quarters since Q4 2014.
Cliff Asness's largest addition to First BanCorp. (FBP) was in Q1 2017, adding 3,548,634 shares worth $20.05 M.
According to the latest 13F filing for Q1 2026, Cliff Asness's firm, Aqr Capital Management LLC, owns 234,498 shares of First BanCorp. (FBP), valued at approximately $5.01 M.
As of the Q1 2026 filing, First BanCorp. (FBP) represents approximately 0.00% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in First BanCorp. (FBP) was 3,921,853 shares, as reported at the end of Q3 2017.