Cliff Asness's FHI Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 2.46 M shares of Federated Hermes, Inc. (FHI) worth $135.89 M, representing 0.05% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 49 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in FHI, representing a significant commitment to this investment thesis. Largest addition occurred in Q2 2024, adding 1.26 M shares. Largest reduction occurred in Q1 2019, reducing 646,321 shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Federated Hermes (FHI) Holding Value Over Time
Track share changes against reported price movement
Quarterly Federated Hermes (FHI) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q2 2026 | -122,502 | Reduce 4.74% | 2.46 M | $55.22 |
| Q1 2026 | -452,792 | Reduce 14.91% | 2.58 M | $56.58 |
| Q4 2025 | +50,067 | Add 1.68% | 3.04 M | $52.07 |
| Q3 2025 | +7,287 | Add 0.24% | 2.99 M | $51.93 |
| Q2 2025 | +498,202 | Add 20.08% | 2.98 M | $44.32 |
| Q1 2025 | -77,342 | Reduce 3.02% | 2.48 M | $40.57 |
| Q4 2024 | -101,702 | Reduce 3.82% | 2.56 M | $41.11 |
| Q3 2024 | -29,761 | Reduce 1.11% | 2.66 M | $36.61 |
| Q2 2024 | +1.26 M | Add 88.29% | 2.69 M | $32.67 |
| Q1 2024 | +349,503 | Add 32.39% | 1.43 M | $35.92 |
| Q4 2023 | +277,445 | Add 34.62% | 1.08 M | $33.86 |
| Q3 2023 | +518,715 | Add 183.47% | 801,443 | $33.87 |
| Q2 2023 | +94,640 | Add 50.32% | 282,728 | $35.85 |
| Q1 2023 | +21,356 | Add 12.81% | 188,088 | $40.14 |
| Q4 2022 | -15,650 | Reduce 8.58% | 166,732 | $36.31 |
| Q3 2022 | -131,685 | Reduce 41.93% | 182,382 | $32.91 |
| Q2 2022 | -67,847 | Reduce 17.76% | 314,067 | $31.24 |
| Q1 2022 | -42,096 | Reduce 9.93% | 381,914 | $34.06 |
| Q4 2021 | -201,367 | Reduce 32.20% | 424,010 | $37.57 |
| Q3 2021 | -179,127 | Reduce 22.27% | 625,377 | $32.50 |
| Q2 2021 | -523,998 | Reduce 39.44% | 804,504 | $33.62 |
| Q1 2021 | +211,353 | Add 18.92% | 1.33 M | $31.30 |
| Q4 2020 | -542,873 | Reduce 32.70% | 1.12 M | $28.40 |
| Q3 2020 | +168,781 | Add 11.32% | 1.66 M | $21.36 |
| Q2 2020 | +545,851 | Add 57.74% | 1.49 M | $23.33 |
| Q1 2020 | +10,180 | Add 1.09% | 945,390 | $19.05 |
| Q4 2019 | +22,499 | Add 2.47% | 935,210 | $32.59 |
| Q3 2019 | -58,116 | Reduce 5.99% | 912,711 | $32.25 |
| Q2 2019 | -356,838 | Reduce 26.88% | 970,827 | $32.50 |
| Q1 2019 | -646,321 | Reduce 32.74% | 1.33 M | $29.31 |
| Q4 2018 | +20,894 | Add 1.07% | 1.97 M | $26.55 |
| Q3 2018 | +7,507 | Add 0.39% | 1.95 M | $24.12 |
| Q2 2018 | +1.07 M | Add 121.15% | 1.95 M | $23.32 |
| Q1 2018 | +469,579 | Add 114.48% | 879,773 | $33.40 |
| Q4 2017 | +57,882 | Add 16.43% | 410,194 | $36.08 |
| Q3 2017 | +27,798 | Add 8.57% | 352,312 | $29.88 |
| Q2 2017 | +76,984 | Add 31.10% | 324,514 | $28.25 |
| Q1 2017 | +40,102 | Add 19.33% | 247,530 | $26.34 |
| Q4 2016 | +157,074 | Add 311.94% | 207,428 | $28.28 |
| Q3 2016 | +41,563 | Add 472.79% | 50,354 | $29.63 |
| Q2 2016 | +8,791 | New Buy | 8,791 | $28.78 |
| Q3 2014 | -8,174 | Sold Out | 0 | $0.00 |
| Q2 2014 | +1,200 | Add 17.21% | 8,174 | $30.95 |
| Q1 2014 | -69,300 | Reduce 90.86% | 6,974 | $30.54 |
| Q4 2013 | -47,800 | Reduce 38.53% | 76,274 | $28.80 |
| Q3 2013 | +3,974 | Add 3.31% | 124,074 | $27.16 |
| Q2 2013 | +120,100 | Add 0.00% | 120,100 | $27.41 |
| Q4 2012 | +169,500 | Add 0.00% | 169,500 | $20.23 |
Cliff Asness's Federated Hermes Investment FAQs
Cliff Asness first purchased Federated Hermes, Inc. (FHI) in Q4 2012, acquiring 169,500 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 Federated Hermes, Inc. (FHI) for 49 quarters since Q4 2012.
Cliff Asness's largest addition to Federated Hermes, Inc. (FHI) was in Q2 2024, adding 2,689,488 shares worth $87.87 M.
According to the latest 13F filing for Q2 2026, Cliff Asness's firm, Aqr Capital Management LLC, owns 2,460,945 shares of Federated Hermes, Inc. (FHI), valued at approximately $135.89 M.
As of the Q2 2026 filing, Federated Hermes, Inc. (FHI) represents approximately 0.05% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in Federated Hermes, Inc. (FHI) was 3,036,239 shares, as reported at the end of Q4 2025.