Cliff Asness's HRB Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 3.4 M shares of H&R Block, Inc. (HRB) worth $147 M, representing 0.08% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 53 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in HRB, representing a significant commitment to this investment thesis. Largest addition occurred in Q2 2017, adding 2.3 M shares. Largest reduction occurred in Q1 2018, reducing 2.15 M shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's H&R Block (HRB) Holding Value Over Time
Track share changes against reported price movement
Quarterly H&R Block (HRB) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +809,438 | Add 31.21% | 3.4 M | $43.20 |
| Q3 2025 | +976,069 | Add 60.35% | 2.59 M | $50.50 |
| Q2 2025 | -171,819 | Reduce 9.60% | 1.62 M | $54.73 |
| Q1 2025 | -461,019 | Reduce 20.49% | 1.79 M | $54.42 |
| Q4 2024 | +120,181 | Add 5.64% | 2.25 M | $52.83 |
| Q3 2024 | -1,573 | Reduce 0.07% | 2.13 M | $63.43 |
| Q2 2024 | +606,250 | Add 39.75% | 2.13 M | $54.15 |
| Q1 2024 | -774,109 | Reduce 33.67% | 1.53 M | $49.00 |
| Q4 2023 | -420,169 | Reduce 15.45% | 2.3 M | $48.37 |
| Q3 2023 | -192,224 | Reduce 6.60% | 2.72 M | $43.06 |
| Q2 2023 | +647,810 | Add 28.61% | 2.91 M | $31.87 |
| Q1 2023 | +228,156 | Add 11.21% | 2.26 M | $35.01 |
| Q4 2022 | +602,289 | Add 42.02% | 2.04 M | $35.94 |
| Q3 2022 | +389,814 | Add 37.35% | 1.43 M | $42.54 |
| Q2 2022 | +873,787 | Add 514.46% | 1.04 M | $34.78 |
| Q1 2022 | -263,711 | Reduce 60.82% | 169,847 | $26.04 |
| Q4 2021 | -632,724 | Reduce 59.34% | 433,558 | $23.56 |
| Q3 2021 | -271,939 | Reduce 20.32% | 1.07 M | $25.00 |
| Q2 2021 | -307,908 | Reduce 18.70% | 1.34 M | $23.38 |
| Q1 2021 | +253,347 | Add 18.19% | 1.65 M | $21.64 |
| Q4 2020 | -1.76 M | Reduce 55.76% | 1.39 M | $15.65 |
| Q3 2020 | +1.24 M | Add 65.06% | 3.15 M | $16.29 |
| Q2 2020 | -512,731 | Reduce 21.19% | 1.91 M | $14.11 |
| Q1 2020 | -834,010 | Reduce 25.63% | 2.42 M | $14.05 |
| Q4 2019 | -1.09 M | Reduce 25.16% | 3.25 M | $23.41 |
| Q3 2019 | +1.47 M | Add 50.99% | 4.35 M | $23.55 |
| Q2 2019 | -184,171 | Reduce 6.01% | 2.88 M | $29.09 |
| Q1 2019 | +658,516 | Add 27.38% | 3.06 M | $23.94 |
| Q4 2018 | +977,811 | Add 68.50% | 2.41 M | $25.37 |
| Q3 2018 | -434,393 | Reduce 23.33% | 1.43 M | $25.75 |
| Q2 2018 | -1.14 M | Reduce 38.06% | 1.86 M | $22.82 |
| Q1 2018 | -2.15 M | Reduce 41.74% | 3.01 M | $25.42 |
| Q4 2017 | +906,272 | Add 21.31% | 5.16 M | $26.22 |
| Q3 2017 | +71,049 | Add 1.70% | 4.25 M | $27.02 |
| Q2 2017 | +2.3 M | Add 122.71% | 4.18 M | $30.91 |
| Q1 2017 | -504,744 | Reduce 21.19% | 1.88 M | $23.25 |
| Q4 2016 | +249,243 | Add 11.68% | 2.38 M | $22.99 |
| Q3 2016 | +1.13 M | Add 113.08% | 2.13 M | $23.15 |
| Q2 2016 | +353,239 | Add 54.53% | 1 M | $23.00 |
| Q1 2016 | -50,686 | Reduce 7.26% | 647,841 | $26.42 |
| Q4 2015 | -930,394 | Reduce 57.12% | 698,527 | $33.31 |
| Q3 2015 | +268,835 | Add 19.77% | 1.63 M | $36.20 |
| Q2 2015 | +673,467 | Add 98.08% | 1.36 M | $29.65 |
| Q1 2015 | -111,303 | Reduce 13.95% | 686,619 | $32.07 |
| Q4 2014 | +312,117 | Add 64.25% | 797,922 | $33.68 |
| Q3 2014 | +53,585 | Add 12.40% | 485,805 | $31.01 |
| Q2 2014 | -152,821 | Reduce 26.12% | 432,220 | $33.52 |
| Q1 2014 | -1.34 M | Reduce 69.61% | 585,041 | $30.19 |
| Q4 2013 | +543,500 | Add 39.34% | 1.93 M | $29.04 |
| Q3 2013 | +789,980 | Add 133.51% | 1.38 M | $26.66 |
| Q2 2013 | +591,697 | Add 0.00% | 591,697 | $27.75 |
| Q4 2012 | +422,597 | Add 0.00% | 422,597 | $18.57 |
Cliff Asness's H&R Block Investment FAQs
Cliff Asness first purchased H&R Block, Inc. (HRB) in Q4 2012, acquiring 422,597 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 H&R Block, Inc. (HRB) for 53 quarters since Q4 2012.
Cliff Asness's largest addition to H&R Block, Inc. (HRB) was in Q2 2017, adding 4,181,533 shares worth $129.25 M.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 3,402,728 shares of H&R Block, Inc. (HRB), valued at approximately $147 M.
As of the Q4 2025 filing, H&R Block, Inc. (HRB) represents approximately 0.08% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in H&R Block, Inc. (HRB) was 5,158,854 shares, as reported at the end of Q4 2017.