Cliff Asness's IP Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 168,763 shares of International Paper Company (IP) worth $7.73 M, representing 0.00% 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 IP, representing a significant commitment to this investment thesis. Largest addition occurred in Q4 2018, adding 1.98 M shares. Largest reduction occurred in Q1 2017, reducing 2.25 M shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's International Paper Company (IP) Holding Value Over Time
Track share changes against reported price movement
Quarterly International Paper Company (IP) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2012 | +363,383 | Add 0.00% | 363,382 | $39.84 |
| Q2 2013 | +396,239 | Add 0.00% | 396,238 | $44.31 |
| Q3 2013 | +58,722 | Add 14.82% | 454,960 | $44.80 |
| Q4 2013 | -43,219 | Reduce 9.50% | 411,741 | $49.03 |
| Q1 2014 | -36,974 | Reduce 8.98% | 374,767 | $45.88 |
| Q2 2014 | -9,400 | Reduce 2.51% | 365,367 | $50.47 |
| Q3 2014 | -39,963 | Reduce 10.94% | 325,404 | $47.74 |
| Q4 2014 | +109,154 | Add 33.54% | 434,558 | $53.58 |
| Q1 2015 | -129,950 | Reduce 29.90% | 304,608 | $55.49 |
| Q2 2015 | +579,052 | Add 190.10% | 883,660 | $47.59 |
| Q3 2015 | +844,710 | Add 95.59% | 1.73 M | $37.79 |
| Q4 2015 | +118,793 | Add 6.87% | 1.85 M | $37.70 |
| Q1 2016 | +512,417 | Add 27.74% | 2.36 M | $41.04 |
| Q2 2016 | -276,593 | Reduce 11.72% | 2.08 M | $42.38 |
| Q3 2016 | +411,775 | Add 19.77% | 2.49 M | $47.98 |
| Q4 2016 | +1.1 M | Add 43.98% | 3.59 M | $53.06 |
| Q1 2017 | -2.25 M | Reduce 62.67% | 1.34 M | $50.78 |
| Q2 2017 | -991,263 | Reduce 73.92% | 349,747 | $56.61 |
| Q3 2017 | -220,958 | Reduce 63.18% | 128,789 | $56.82 |
| Q4 2017 | +78,946 | Add 61.30% | 207,735 | $57.94 |
| Q1 2018 | -111,147 | Reduce 53.50% | 96,588 | $53.43 |
| Q2 2018 | +26,707 | Add 27.65% | 123,295 | $52.08 |
| Q3 2018 | +61,125 | Add 49.58% | 184,420 | $49.15 |
| Q4 2018 | +1.98 M | Add 1073.41% | 2.16 M | $40.36 |
| Q1 2019 | +638,300 | Add 29.50% | 2.8 M | $45.93 |
| Q2 2019 | -526,121 | Reduce 18.77% | 2.28 M | $43.32 |
| Q3 2019 | +990,506 | Add 43.52% | 3.27 M | $41.76 |
| Q4 2019 | +13,144 | Add 0.40% | 3.28 M | $46.02 |
| Q1 2020 | -431,393 | Reduce 13.15% | 2.85 M | $30.88 |
| Q2 2020 | +597,033 | Add 20.96% | 3.45 M | $34.52 |
| Q3 2020 | -1.75 M | Reduce 50.76% | 1.7 M | $40.54 |
| Q4 2020 | -1.16 M | Reduce 68.19% | 539,807 | $49.23 |
| Q1 2021 | +87,483 | Add 16.21% | 627,290 | $54.07 |
| Q2 2021 | +164,474 | Add 26.22% | 791,764 | $60.67 |
| Q3 2021 | +866,805 | Add 109.48% | 1.66 M | $55.92 |
| Q4 2021 | +736,817 | Add 44.42% | 2.4 M | $46.75 |
| Q1 2022 | +554,771 | Add 23.16% | 2.95 M | $46.15 |
| Q2 2022 | -257,107 | Reduce 8.72% | 2.69 M | $41.79 |
| Q3 2022 | -469,765 | Reduce 17.44% | 2.22 M | $31.70 |
| Q4 2022 | +296,871 | Add 13.35% | 2.52 M | $34.63 |
| Q1 2023 | -79,449 | Reduce 3.15% | 2.44 M | $35.52 |
| Q2 2023 | -256,748 | Reduce 10.52% | 2.18 M | $31.31 |
| Q3 2023 | +777,273 | Add 35.59% | 2.96 M | $35.47 |
| Q4 2023 | -429,254 | Reduce 14.50% | 2.53 M | $36.15 |
| Q1 2024 | -517,027 | Reduce 20.42% | 2.01 M | $38.90 |
| Q2 2024 | -1.3 M | Reduce 64.30% | 719,369 | $42.98 |
| Q3 2024 | -324,728 | Reduce 45.14% | 394,641 | $48.72 |
| Q4 2024 | -20,158 | Reduce 5.11% | 374,483 | $53.82 |
| Q1 2025 | -1,312 | Reduce 0.35% | 373,171 | $52.93 |
| Q2 2025 | -203,966 | Reduce 54.66% | 169,205 | $46.83 |
| Q3 2025 | -442 | Reduce 0.26% | 168,763 | $45.83 |
Cliff Asness's International Paper Company Investment FAQs
Cliff Asness first purchased International Paper Company (IP) in Q4 2012, acquiring 363,382 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 International Paper Company (IP) for 52 quarters since Q4 2012.
Cliff Asness's largest addition to International Paper Company (IP) was in Q4 2018, adding 2,164,010 shares worth $87.34 M.
According to the latest 13F filing for Q3 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 168,763 shares of International Paper Company (IP), valued at approximately $7.73 M.
As of the Q3 2025 filing, International Paper Company (IP) represents approximately 0.00% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in International Paper Company (IP) was 3,591,995 shares, as reported at the end of Q4 2016.