Cliff Asness's FFIN Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 960,299 shares of First Financial Bankshares, Inc. (FFIN) worth $28.68 M, representing 0.02% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 45 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in FFIN, representing a significant commitment to this investment thesis. Largest addition occurred in Q2 2025, adding 371,847 shares. Largest reduction occurred in Q2 2013, reducing 66,400 shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's First Financial Bankshares (FFIN) Holding Value Over Time
Track share changes against reported price movement
Quarterly First Financial Bankshares (FFIN) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +219,599 | Add 29.65% | 960,299 | $29.87 |
| Q3 2025 | +250,416 | Add 51.08% | 740,700 | $33.65 |
| Q2 2025 | +371,847 | Add 313.96% | 490,284 | $35.98 |
| Q1 2025 | +40,173 | Add 51.33% | 118,437 | $35.70 |
| Q4 2024 | +53,071 | Add 210.66% | 78,264 | $36.05 |
| Q3 2024 | +7,725 | Add 44.22% | 25,193 | $36.77 |
| Q2 2024 | +2,379 | Add 15.77% | 17,468 | $29.28 |
| Q1 2024 | +3,318 | Add 28.19% | 15,089 | $32.65 |
| Q4 2023 | -11,657 | Reduce 49.76% | 11,771 | $30.30 |
| Q3 2023 | +16,342 | Add 230.62% | 23,428 | $25.00 |
| Q2 2023 | +7,086 | New Buy | 7,086 | $28.49 |
| Q2 2022 | -9,610 | Sold Out | 0 | $0.00 |
| Q1 2022 | +2,065 | Add 27.37% | 9,610 | $44.12 |
| Q4 2021 | -6,119 | Reduce 44.78% | 7,545 | $50.89 |
| Q3 2021 | +3,051 | Add 28.75% | 13,664 | $45.96 |
| Q2 2021 | +3,628 | Add 51.94% | 10,613 | $49.09 |
| Q1 2021 | -6,498 | Reduce 48.19% | 6,985 | $46.67 |
| Q4 2020 | -14,768 | Reduce 52.27% | 13,483 | $36.05 |
| Q3 2020 | +68 | Add 0.24% | 28,251 | $27.89 |
| Q2 2020 | -5,222 | Reduce 15.63% | 28,183 | $28.14 |
| Q1 2020 | +3,805 | Add 12.85% | 33,405 | $26.85 |
| Q4 2019 | -7,949 | Reduce 21.17% | 29,600 | $35.10 |
| Q3 2019 | +1,507 | Add 4.18% | 37,549 | $33.34 |
| Q1 2019 | +3,232 | Add 9.85% | 36,042 | $28.88 |
| Q4 2018 | +22,314 | Add 212.60% | 32,810 | $28.83 |
| Q3 2018 | +2,636 | Add 33.54% | 10,496 | $29.54 |
| Q2 2018 | +7,860 | New Buy | 7,860 | $25.45 |
| Q4 2017 | -21,500 | Sold Out | 0 | $0.00 |
| Q3 2017 | -6,498 | Reduce 23.21% | 21,500 | $22.60 |
| Q2 2017 | -4,230 | Reduce 13.13% | 27,998 | $22.11 |
| Q1 2017 | +20,146 | Add 166.74% | 32,228 | $20.04 |
| Q4 2016 | +140 | Add 1.17% | 12,082 | $22.60 |
| Q3 2016 | -9,776 | Reduce 45.01% | 11,942 | $18.25 |
| Q2 2016 | -4,518 | Reduce 17.22% | 21,718 | $16.39 |
| Q1 2016 | +26,236 | New Buy | 26,236 | $14.79 |
| Q4 2014 | -27,564 | Sold Out | 0 | $0.00 |
| Q3 2014 | -45,000 | Reduce 62.01% | 27,564 | $13.89 |
| Q2 2014 | -38,000 | Reduce 34.37% | 72,564 | $15.68 |
| Q1 2014 | +40,400 | Add 57.58% | 110,564 | $15.45 |
| Q4 2013 | +9,964 | Add 16.55% | 70,164 | $16.58 |
| Q3 2013 | +15,200 | Add 33.78% | 60,200 | $14.70 |
| Q2 2013 | +45,000 | Add 0.00% | 45,000 | $13.91 |
| Q4 2012 | +111,400 | Add 0.00% | 111,400 | $9.75 |
Cliff Asness's First Financial Bankshares Investment FAQs
Cliff Asness first purchased First Financial Bankshares, Inc. (FFIN) in Q4 2012, acquiring 111,400 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 Financial Bankshares, Inc. (FFIN) for 45 quarters since Q4 2012.
Cliff Asness's largest addition to First Financial Bankshares, Inc. (FFIN) was in Q2 2025, adding 490,284 shares worth $17.64 M.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 960,299 shares of First Financial Bankshares, Inc. (FFIN), valued at approximately $28.68 M.
As of the Q4 2025 filing, First Financial Bankshares, Inc. (FFIN) 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 First Financial Bankshares, Inc. (FFIN) was 960,299 shares, as reported at the end of Q4 2025.