Cliff Asness's HRL Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 416,244 shares of Hormel Foods Corporation (HRL) worth $9.86 M, representing 0.01% 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 HRL, representing a significant commitment to this investment thesis. Largest addition occurred in Q3 2015, adding 906,844 shares. Largest reduction occurred in Q1 2016, reducing 2.48 M shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Hormel Foods Corporation (HRL) Holding Value Over Time
Track share changes against reported price movement
Quarterly Hormel Foods Corporation (HRL) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | -143,352 | Reduce 25.62% | 416,244 | $23.70 |
| Q3 2025 | -946,667 | Reduce 62.85% | 559,596 | $24.68 |
| Q2 2025 | +690,398 | Add 84.62% | 1.51 M | $30.25 |
| Q1 2025 | +49,057 | Add 6.40% | 815,865 | $30.93 |
| Q4 2024 | -423,120 | Reduce 35.56% | 766,808 | $31.25 |
| Q3 2024 | -54,520 | Reduce 4.38% | 1.19 M | $31.67 |
| Q2 2024 | +462,283 | Add 59.10% | 1.24 M | $30.11 |
| Q1 2024 | -22,185 | Reduce 2.76% | 782,165 | $34.89 |
| Q4 2023 | -258,067 | Reduce 24.29% | 804,350 | $32.01 |
| Q3 2023 | -275,373 | Reduce 20.58% | 1.06 M | $38.03 |
| Q2 2023 | -209,401 | Reduce 13.53% | 1.34 M | $39.98 |
| Q1 2023 | -125,388 | Reduce 7.50% | 1.55 M | $39.50 |
| Q4 2022 | +26,172 | Add 1.59% | 1.67 M | $45.48 |
| Q3 2022 | -132,884 | Reduce 7.47% | 1.65 M | $45.44 |
| Q2 2022 | -81,717 | Reduce 4.39% | 1.78 M | $47.36 |
| Q1 2022 | -286,545 | Reduce 13.34% | 1.86 M | $51.37 |
| Q4 2021 | -787,169 | Reduce 26.82% | 2.15 M | $48.57 |
| Q3 2021 | -296,115 | Reduce 9.17% | 2.93 M | $41.00 |
| Q2 2021 | -302,964 | Reduce 8.57% | 3.23 M | $47.75 |
| Q1 2021 | -180,366 | Reduce 4.86% | 3.53 M | $47.78 |
| Q4 2020 | +68,017 | Add 1.87% | 3.71 M | $46.37 |
| Q3 2020 | +43,661 | Add 1.21% | 3.65 M | $48.75 |
| Q2 2020 | +664,233 | Add 22.61% | 3.6 M | $48.27 |
| Q1 2020 | +236,393 | Add 8.75% | 2.94 M | $46.64 |
| Q4 2019 | +799,392 | Add 42.02% | 2.7 M | $45.11 |
| Q3 2019 | +335,192 | Add 21.39% | 1.9 M | $43.73 |
| Q2 2019 | -106,587 | Reduce 6.37% | 1.57 M | $40.54 |
| Q1 2019 | +119,431 | Add 7.68% | 1.67 M | $44.76 |
| Q4 2018 | +203,436 | Add 15.06% | 1.55 M | $42.68 |
| Q3 2018 | +495,430 | Add 57.91% | 1.35 M | $39.40 |
| Q2 2018 | +216,746 | Add 33.93% | 855,569 | $37.21 |
| Q1 2018 | -62,697 | Reduce 8.94% | 638,823 | $34.32 |
| Q4 2017 | -578,837 | Reduce 45.21% | 701,520 | $36.39 |
| Q3 2017 | -163,116 | Reduce 11.30% | 1.28 M | $32.14 |
| Q2 2017 | -252,136 | Reduce 14.87% | 1.44 M | $34.11 |
| Q1 2017 | -532,969 | Reduce 23.92% | 1.7 M | $34.63 |
| Q4 2016 | -200,471 | Reduce 8.25% | 2.23 M | $34.81 |
| Q3 2016 | -102,051 | Reduce 4.03% | 2.43 M | $37.93 |
| Q2 2016 | +256,456 | Add 11.27% | 2.53 M | $36.60 |
| Q1 2016 | -2.48 M | Reduce 52.21% | 2.27 M | $43.24 |
| Q4 2015 | -1.26 M | Reduce 20.97% | 4.76 M | $19.77 |
| Q3 2015 | +906,844 | Add 17.73% | 6.02 M | $15.83 |
| Q2 2015 | +281,584 | Add 5.83% | 5.12 M | $14.09 |
| Q1 2015 | -46,028 | Reduce 0.94% | 4.83 M | $14.21 |
| Q4 2014 | +843,376 | Add 20.89% | 4.88 M | $13.02 |
| Q3 2014 | -196,344 | Reduce 4.64% | 4.04 M | $12.85 |
| Q2 2014 | +290,000 | Add 7.36% | 4.23 M | $12.34 |
| Q1 2014 | +674,296 | Add 20.63% | 3.94 M | $12.32 |
| Q4 2013 | +435,704 | Add 15.38% | 3.27 M | $11.29 |
| Q3 2013 | +101,156 | Add 3.70% | 2.83 M | $10.53 |
| Q2 2013 | +2.73 M | Add 0.00% | 2.73 M | $9.64 |
| Q4 2012 | +2.5 M | Add 0.00% | 2.5 M | $7.80 |
Cliff Asness's Hormel Foods Corporation Investment FAQs
Cliff Asness first purchased Hormel Foods Corporation (HRL) in Q4 2012, acquiring 2,503,732 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 Hormel Foods Corporation (HRL) for 53 quarters since Q4 2012.
Cliff Asness's largest addition to Hormel Foods Corporation (HRL) was in Q2 2013, adding 2,731,512 shares worth $26.34 M.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 416,244 shares of Hormel Foods Corporation (HRL), valued at approximately $9.86 M.
As of the Q4 2025 filing, Hormel Foods Corporation (HRL) represents approximately 0.01% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in Hormel Foods Corporation (HRL) was 6,022,100 shares, as reported at the end of Q3 2015.