Cliff Asness's HUBS Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 1.19 M shares of HubSpot, Inc. (HUBS) worth $477.14 M, representing 0.25% of the portfolio. First purchased in 2015-Q4, this long-term strategic position has been held for 39 quarters.
Based on 13F filings, Cliff Asness has maintained a strategic position in HUBS, demonstrating sustained confidence in this investment. Largest addition occurred in Q4 2025, adding 642,545 shares. Largest reduction occurred in Q4 2022, reducing 61,349 shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's HubSpot (HUBS) Holding Value Over Time
Track share changes against reported price movement
Quarterly HubSpot (HUBS) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +642,545 | Add 117.59% | 1.19 M | $401.30 |
| Q3 2025 | +257,577 | Add 89.17% | 546,436 | $467.80 |
| Q2 2025 | -53,098 | Reduce 15.53% | 288,859 | $556.63 |
| Q1 2025 | +133,720 | Add 64.22% | 341,957 | $559.81 |
| Q4 2024 | +33,566 | Add 19.22% | 208,237 | $696.77 |
| Q3 2024 | +144,253 | Add 474.24% | 174,671 | $531.60 |
| Q2 2024 | -40,138 | Reduce 56.89% | 30,418 | $589.80 |
| Q1 2024 | -20,053 | Reduce 22.13% | 70,556 | $625.00 |
| Q4 2023 | +55,105 | Add 155.21% | 90,609 | $580.54 |
| Q3 2023 | +5,794 | Add 19.50% | 35,504 | $492.50 |
| Q2 2023 | +21,421 | Add 258.43% | 29,710 | $522.75 |
| Q1 2023 | -6,102 | Reduce 42.40% | 8,289 | $424.36 |
| Q4 2022 | -61,349 | Reduce 81.00% | 14,391 | $289.13 |
| Q3 2022 | +15,903 | Add 26.58% | 75,740 | $270.12 |
| Q2 2022 | +33,671 | Add 128.68% | 59,837 | $293.45 |
| Q1 2022 | +12,436 | Add 90.58% | 26,166 | $474.93 |
| Q4 2021 | +3,163 | Add 29.93% | 13,730 | $659.14 |
| Q3 2021 | -3,262 | Reduce 23.59% | 10,567 | $676.07 |
| Q2 2021 | +7,585 | Add 121.48% | 13,829 | $582.69 |
| Q1 2021 | -3,903 | Reduce 38.46% | 6,244 | $451.95 |
| Q4 2020 | +3,983 | Add 64.62% | 10,147 | $394.80 |
| Q3 2020 | +6,164 | New Buy | 6,164 | $292.18 |
| Q1 2020 | -4,234 | Sold Out | 0 | $0.00 |
| Q4 2019 | -3,723 | Reduce 46.79% | 4,234 | $158.48 |
| Q3 2019 | -35,030 | Reduce 81.49% | 7,957 | $151.56 |
| Q2 2019 | +2,660 | Add 6.60% | 42,987 | $170.52 |
| Q1 2019 | +6,922 | Add 20.72% | 40,327 | $166.22 |
| Q4 2018 | +13,998 | Add 72.13% | 33,405 | $125.73 |
| Q3 2018 | +4,781 | Add 32.69% | 19,407 | $150.92 |
| Q2 2018 | -1,041 | Reduce 6.64% | 14,626 | $125.39 |
| Q1 2018 | +1,762 | Add 12.67% | 15,667 | $108.32 |
| Q4 2017 | +5,831 | Add 72.22% | 13,905 | $88.39 |
| Q3 2017 | -898 | Reduce 10.01% | 8,074 | $84.10 |
| Q2 2017 | +8,972 | New Buy | 8,972 | $65.76 |
| Q4 2016 | -6,047 | Sold Out | 0 | $0.00 |
| Q3 2016 | -2,057 | Reduce 25.38% | 6,047 | $57.55 |
| Q2 2016 | -5,294 | Reduce 39.51% | 8,104 | $43.44 |
| Q1 2016 | +1,561 | Add 13.19% | 13,398 | $43.59 |
| Q4 2015 | +11,837 | New Buy | 11,837 | $56.26 |
Cliff Asness's HubSpot Investment FAQs
Cliff Asness first purchased HubSpot, Inc. (HUBS) in Q4 2015, acquiring 11,837 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 HubSpot, Inc. (HUBS) for 39 quarters since Q4 2015.
Cliff Asness's largest addition to HubSpot, Inc. (HUBS) was in Q4 2025, adding 1,188,981 shares worth $477.14 M.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 1,188,981 shares of HubSpot, Inc. (HUBS), valued at approximately $477.14 M.
As of the Q4 2025 filing, HubSpot, Inc. (HUBS) represents approximately 0.25% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in HubSpot, Inc. (HUBS) was 1,188,981 shares, as reported at the end of Q4 2025.