Cliff Asness's GPK Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 8.69 M shares of Graphic Packaging Holding Company (GPK) worth $130.93 M, representing 0.07% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 50 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in GPK, representing a significant commitment to this investment thesis. Largest addition occurred in Q4 2025, adding 7.25 M shares. Largest reduction occurred in Q3 2018, reducing 1.33 M shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Graphic Packaging Holding Company (GPK) Holding Value Over Time
Track share changes against reported price movement
Quarterly Graphic Packaging Holding Company (GPK) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +7.25 M | Add 503.61% | 8.69 M | $15.06 |
| Q3 2025 | +946,644 | Add 191.76% | 1.44 M | $19.32 |
| Q2 2025 | +322,040 | Add 187.66% | 493,648 | $20.98 |
| Q1 2025 | +45,944 | Add 36.56% | 171,608 | $25.95 |
| Q4 2024 | -149,215 | Reduce 54.28% | 125,664 | $27.16 |
| Q3 2024 | -61,083 | Reduce 18.18% | 274,879 | $29.30 |
| Q2 2024 | -105,104 | Reduce 23.83% | 335,962 | $26.21 |
| Q1 2024 | -798,790 | Reduce 64.43% | 441,066 | $29.18 |
| Q4 2023 | -695,774 | Reduce 35.95% | 1.24 M | $24.65 |
| Q3 2023 | +692,101 | Add 55.66% | 1.94 M | $22.28 |
| Q2 2023 | +268,152 | Add 27.49% | 1.24 M | $23.74 |
| Q1 2023 | +818,881 | Add 523.26% | 975,377 | $25.44 |
| Q4 2022 | +103,915 | Add 197.63% | 156,496 | $22.17 |
| Q3 2022 | -4,400 | Reduce 7.72% | 52,581 | $19.74 |
| Q2 2022 | -295,490 | Reduce 83.83% | 56,981 | $20.39 |
| Q1 2022 | -594,609 | Reduce 62.78% | 352,471 | $20.04 |
| Q4 2021 | -434,902 | Reduce 31.47% | 947,080 | $19.38 |
| Q3 2021 | -451,297 | Reduce 24.62% | 1.38 M | $19.04 |
| Q2 2021 | +527,098 | Add 40.35% | 1.83 M | $18.07 |
| Q1 2021 | +559,533 | Add 74.94% | 1.31 M | $18.16 |
| Q4 2020 | -620,827 | Reduce 45.40% | 746,648 | $16.90 |
| Q3 2020 | -343,012 | Reduce 20.05% | 1.37 M | $13.90 |
| Q2 2020 | -184,108 | Reduce 9.72% | 1.71 M | $13.72 |
| Q1 2020 | +1.63 M | Add 619.82% | 1.89 M | $12.08 |
| Q4 2019 | +263,205 | New Buy | 263,205 | $16.65 |
| Q4 2018 | -13,711 | Sold Out | 0 | $0.00 |
| Q3 2018 | -1.33 M | Reduce 98.98% | 13,711 | $14.00 |
| Q2 2018 | -913,174 | Reduce 40.50% | 1.34 M | $14.51 |
| Q1 2018 | +553,323 | Add 32.52% | 2.25 M | $15.35 |
| Q4 2017 | -944,871 | Reduce 35.70% | 1.7 M | $15.45 |
| Q3 2017 | -411,283 | Reduce 13.45% | 2.65 M | $13.95 |
| Q2 2017 | -912,063 | Reduce 22.98% | 3.06 M | $13.78 |
| Q1 2017 | +206,931 | Add 5.50% | 3.97 M | $12.87 |
| Q4 2016 | +795,179 | Add 26.79% | 3.76 M | $12.48 |
| Q3 2016 | +480,520 | Add 19.32% | 2.97 M | $13.99 |
| Q2 2016 | +756,631 | Add 43.72% | 2.49 M | $12.54 |
| Q1 2016 | +701,279 | Add 68.14% | 1.73 M | $12.85 |
| Q4 2015 | +321,649 | Add 45.46% | 1.03 M | $12.83 |
| Q3 2015 | +467,499 | Add 194.74% | 707,567 | $12.79 |
| Q2 2015 | +58,986 | Add 32.57% | 240,068 | $13.93 |
| Q1 2015 | +46,148 | Add 34.20% | 181,082 | $14.54 |
| Q4 2014 | +5,583 | Add 4.32% | 134,934 | $13.62 |
| Q3 2014 | +48,100 | Add 59.20% | 129,351 | $12.43 |
| Q2 2014 | +65,300 | Add 409.38% | 81,251 | $11.70 |
| Q1 2014 | +1,244 | Add 8.46% | 15,951 | $10.16 |
| Q4 2013 | -25,800 | Reduce 63.69% | 14,707 | $9.59 |
| Q3 2013 | +8,656 | Add 27.18% | 40,507 | $8.57 |
| Q2 2013 | +31,851 | Add 0.00% | 31,851 | $7.75 |
| Q4 2012 | +302,023 | Add 0.00% | 302,023 | $6.46 |
Cliff Asness's Graphic Packaging Holding Company Investment FAQs
Cliff Asness first purchased Graphic Packaging Holding Company (GPK) in Q4 2012, acquiring 302,023 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 Graphic Packaging Holding Company (GPK) for 50 quarters since Q4 2012.
Cliff Asness's largest addition to Graphic Packaging Holding Company (GPK) was in Q4 2025, adding 8,693,765 shares worth $130.93 M.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 8,693,765 shares of Graphic Packaging Holding Company (GPK), valued at approximately $130.93 M.
As of the Q4 2025 filing, Graphic Packaging Holding Company (GPK) represents approximately 0.07% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in Graphic Packaging Holding Company (GPK) was 8,693,765 shares, as reported at the end of Q4 2025.