Cliff Asness's HCA Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 399,197 shares of HCA Healthcare, Inc. (HCA) worth $169.95 M, representing 0.11% 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 HCA, representing a significant commitment to this investment thesis. Largest addition occurred in Q4 2018, adding 1.91 M shares. Largest reduction occurred in Q3 2019, reducing 1.64 M shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's HCA Healthcare (HCA) Holding Value Over Time
Track share changes against reported price movement
Quarterly HCA Healthcare (HCA) Trades by Cliff Asness
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2012 | +375,983 | Add 0.00% | 375,982 | $30.17 |
| Q2 2013 | +362,905 | Add 0.00% | 362,904 | $36.06 |
| Q3 2013 | -179,239 | Reduce 49.39% | 183,665 | $42.75 |
| Q4 2013 | +60,941 | Add 33.18% | 244,606 | $47.71 |
| Q1 2014 | -139,878 | Reduce 57.19% | 104,728 | $52.50 |
| Q2 2014 | +58,800 | Add 56.15% | 163,528 | $56.38 |
| Q3 2014 | +659,347 | Add 403.20% | 822,875 | $70.52 |
| Q4 2014 | +706,893 | Add 85.91% | 1.53 M | $73.39 |
| Q1 2015 | +76,832 | Add 5.02% | 1.61 M | $75.23 |
| Q2 2015 | +284,529 | Add 17.71% | 1.89 M | $90.72 |
| Q3 2015 | +869,706 | Add 45.99% | 2.76 M | $77.36 |
| Q4 2015 | +453,400 | Add 16.42% | 3.21 M | $67.63 |
| Q1 2016 | -914,962 | Reduce 28.47% | 2.3 M | $78.05 |
| Q2 2016 | -319,540 | Reduce 13.90% | 1.98 M | $77.01 |
| Q3 2016 | -1.38 M | Reduce 69.94% | 595,144 | $75.63 |
| Q4 2016 | +574,983 | Add 96.61% | 1.17 M | $74.02 |
| Q1 2017 | +77,264 | Add 6.60% | 1.25 M | $88.99 |
| Q2 2017 | +403,923 | Add 32.38% | 1.65 M | $87.20 |
| Q3 2017 | -329,321 | Reduce 19.94% | 1.32 M | $79.59 |
| Q4 2017 | -819,999 | Reduce 62.03% | 501,994 | $87.84 |
| Q1 2018 | -317,187 | Reduce 63.19% | 184,807 | $97.00 |
| Q2 2018 | +57,494 | Add 31.11% | 242,301 | $102.60 |
| Q3 2018 | +1.05 M | Add 433.73% | 1.29 M | $139.12 |
| Q4 2018 | +1.91 M | Add 147.43% | 3.2 M | $124.45 |
| Q1 2019 | +355,406 | Add 11.11% | 3.56 M | $129.71 |
| Q2 2019 | -602,920 | Reduce 16.96% | 2.95 M | $133.72 |
| Q3 2019 | -1.64 M | Reduce 55.54% | 1.31 M | $119.15 |
| Q4 2019 | -170,715 | Reduce 13.01% | 1.14 M | $147.81 |
| Q1 2020 | -253,505 | Reduce 22.20% | 888,373 | $89.85 |
| Q2 2020 | -534,861 | Reduce 60.21% | 353,512 | $94.58 |
| Q3 2020 | -161,460 | Reduce 45.67% | 192,052 | $124.68 |
| Q4 2020 | +31,109 | Add 16.20% | 223,161 | $162.56 |
| Q1 2021 | -182,736 | Reduce 81.89% | 40,425 | $188.35 |
| Q2 2021 | +15,959 | Add 39.48% | 56,384 | $205.63 |
| Q3 2021 | -28,864 | Reduce 51.19% | 27,520 | $242.73 |
| Q4 2021 | +66,806 | Add 242.75% | 94,326 | $256.92 |
| Q1 2022 | +107,892 | Add 114.38% | 202,218 | $250.62 |
| Q2 2022 | +43,251 | Add 21.39% | 245,469 | $167.01 |
| Q3 2022 | -30,208 | Reduce 12.31% | 215,261 | $183.79 |
| Q4 2022 | -107,930 | Reduce 50.14% | 107,331 | $237.95 |
| Q1 2023 | -49,831 | Reduce 46.43% | 57,500 | $261.38 |
| Q2 2023 | +4,095 | Add 7.12% | 61,595 | $303.48 |
| Q3 2023 | +4,109 | Add 6.67% | 65,704 | $245.98 |
| Q4 2023 | -10,791 | Reduce 16.42% | 54,913 | $270.68 |
| Q1 2024 | +1,677 | Add 3.05% | 56,590 | $332.29 |
| Q2 2024 | +15,227 | Add 26.91% | 71,817 | $321.28 |
| Q3 2024 | +100,549 | Add 140.01% | 172,366 | $400.31 |
| Q4 2024 | -17,094 | Reduce 9.92% | 155,272 | $300.15 |
| Q1 2025 | +84,260 | Add 54.27% | 239,532 | $344.09 |
| Q2 2025 | -21,799 | Reduce 9.10% | 217,733 | $379.75 |
| Q3 2025 | +181,464 | Add 83.34% | 399,197 | $425.73 |
Cliff Asness's HCA Healthcare Investment FAQs
Cliff Asness first purchased HCA Healthcare, Inc. (HCA) in Q4 2012, acquiring 375,982 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 HCA Healthcare, Inc. (HCA) 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 HCA Healthcare, Inc. (HCA) was in Q4 2018, adding 3,199,912 shares worth $398.23 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 399,197 shares of HCA Healthcare, Inc. (HCA), valued at approximately $169.95 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, HCA Healthcare, Inc. (HCA) represents approximately 0.11% 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 HCA Healthcare, Inc. (HCA) was 3,555,318 shares, as reported at the end of Q1 2019. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.