Cliff Asness's FCNCA Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 7,101 shares of First Citizens BancShares, Inc. (FCNCA) worth $12.7 M, representing 0.01% 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 FCNCA, representing a significant commitment to this investment thesis. Largest addition occurred in Q1 2020, adding 43,173 shares. Largest reduction occurred in Q2 2020, reducing 75,473 shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's First Citizens BancShares (FCNCA) Holding Value Over Time
Track share changes against reported price movement
Quarterly First Citizens BancShares (FCNCA) Trades by Cliff Asness
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2012 | +4,301 | Add 0.00% | 4,300 | $163.49 |
| Q2 2013 | +4,099 | Add 0.00% | 4,098 | $192.04 |
| Q3 2013 | +47 | Add 1.15% | 4,145 | $205.55 |
| Q4 2013 | -1,998 | Reduce 48.20% | 2,147 | $222.64 |
| Q1 2014 | +26 | Add 1.21% | 2,173 | $240.68 |
| Q3 2014 | +4,300 | Add 197.88% | 6,473 | $216.59 |
| Q4 2014 | +2,300 | Add 35.53% | 8,773 | $252.82 |
| Q1 2015 | -700 | Reduce 7.98% | 8,073 | $259.75 |
| Q2 2015 | +795 | Add 9.85% | 8,868 | $263.08 |
| Q3 2015 | -1,667 | Reduce 18.80% | 7,201 | $225.94 |
| Q4 2015 | +1,842 | Add 25.58% | 9,043 | $258.10 |
| Q1 2016 | +6,612 | Add 73.12% | 15,655 | $251.10 |
| Q2 2016 | -353 | Reduce 2.25% | 15,302 | $258.92 |
| Q3 2016 | +2,333 | Add 15.25% | 17,635 | $293.90 |
| Q4 2016 | +11,338 | Add 64.29% | 28,973 | $354.99 |
| Q1 2017 | +14,322 | Add 49.43% | 43,295 | $335.37 |
| Q2 2017 | +4,639 | Add 10.71% | 47,934 | $372.70 |
| Q3 2017 | -4,505 | Reduce 9.40% | 43,429 | $373.90 |
| Q4 2017 | -2,387 | Reduce 5.50% | 41,042 | $403.00 |
| Q1 2018 | -1,951 | Reduce 4.75% | 39,091 | $413.24 |
| Q2 2018 | -1,673 | Reduce 4.28% | 37,418 | $403.31 |
| Q3 2018 | -2,566 | Reduce 6.86% | 34,852 | $452.28 |
| Q4 2018 | +9,453 | Add 27.12% | 44,305 | $377.05 |
| Q1 2019 | +1,600 | Add 3.61% | 45,905 | $407.21 |
| Q2 2019 | +6,759 | Add 14.72% | 52,664 | $450.27 |
| Q3 2019 | +22,063 | Add 41.89% | 74,727 | $471.56 |
| Q4 2019 | +37,295 | Add 49.91% | 112,022 | $532.21 |
| Q1 2020 | +43,173 | Add 38.54% | 155,195 | $323.99 |
| Q2 2020 | -75,473 | Reduce 48.63% | 79,722 | $398.01 |
| Q3 2020 | -17,390 | Reduce 21.81% | 62,332 | $318.78 |
| Q4 2020 | -37,919 | Reduce 60.83% | 24,413 | $564.58 |
| Q1 2021 | -931 | Reduce 3.81% | 23,482 | $835.79 |
| Q2 2021 | -5,189 | Reduce 22.10% | 18,293 | $832.72 |
| Q3 2021 | -706 | Reduce 3.86% | 17,587 | $843.18 |
| Q4 2021 | +2,843 | Add 16.17% | 20,430 | $810.82 |
| Q1 2022 | -11,979 | Reduce 58.63% | 8,451 | $661.82 |
| Q2 2022 | +30 | Add 0.35% | 8,481 | $645.80 |
| Q3 2022 | -1,375 | Reduce 16.21% | 7,106 | $797.50 |
| Q4 2022 | +807 | Add 11.36% | 7,913 | $752.43 |
| Q1 2023 | +7,415 | Add 93.71% | 15,328 | $930.48 |
| Q2 2023 | -10,842 | Reduce 70.73% | 4,486 | $1279.79 |
| Q3 2023 | +33,950 | Add 756.80% | 38,436 | $1380.11 |
| Q4 2023 | -13,379 | Reduce 34.81% | 25,057 | $1418.99 |
| Q1 2024 | +17,472 | Add 69.73% | 42,529 | $1628.02 |
| Q2 2024 | -24,581 | Reduce 57.80% | 17,948 | $1683.61 |
| Q3 2024 | -689 | Reduce 3.84% | 17,259 | $1840.25 |
| Q4 2024 | -11,893 | Reduce 68.91% | 5,366 | $2112.77 |
| Q1 2025 | -1,425 | Reduce 26.56% | 3,941 | $1812.88 |
| Q2 2025 | -750 | Reduce 19.03% | 3,191 | $1957.01 |
| Q3 2025 | +3,910 | Add 122.53% | 7,101 | $1789.02 |
Cliff Asness's First Citizens BancShares Investment FAQs
Cliff Asness first purchased First Citizens BancShares, Inc. (FCNCA) in Q4 2012, acquiring 4,300 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 Citizens BancShares, Inc. (FCNCA) for 52 quarters since Q4 2012. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness's largest addition to First Citizens BancShares, Inc. (FCNCA) was in Q1 2020, adding 155,195 shares worth $50.28 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 7,101 shares of First Citizens BancShares, Inc. (FCNCA), valued at approximately $12.7 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, First Citizens BancShares, Inc. (FCNCA) represents approximately 0.01% 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 First Citizens BancShares, Inc. (FCNCA) was 155,195 shares, as reported at the end of Q1 2020. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.