Cliff Asness’s ITUB Holdings & Trades

First Buy
Q4 2012
Duration Held
52 Quarters
Largest Add
Q4 2014
+10.77 M Shares
Current Position
77,813 Shares
$571,146 Value

Cliff Asness's ITUB Position Overview

Cliff Asness (via Aqr Capital Management LLC) currently holds 77,813 shares of Itaú Unibanco Holding S.A. (ITUB) worth $571,146, 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 ITUB, representing a significant commitment to this investment thesis. Largest addition occurred in Q4 2014, adding 10.77 M shares. Largest reduction occurred in Q2 2018, reducing 10.8 M shares.

Analysis based on 13F filings available since 2013 Q2

Cliff Asness's Itaú Unibanco Holding (ITUB) Holding Value Over Time

Track share changes against reported price movement

Quarterly Itaú Unibanco Holding (ITUB) Trades by Cliff Asness

Period Bought/Sold (Sh.) % Change Qtr. End Shares Reported Price
Q4 2012 +833,337 Add 0.00% 833,335 $6.81
Q2 2013 +3.43 M Add 0.00% 3.43 M $5.88
Q3 2013 +2.17 M Add 63.22% 5.6 M $6.43
Q4 2013 +860,012 Add 15.37% 6.46 M $6.18
Q1 2014 -2.25 M Reduce 34.81% 4.21 M $6.77
Q2 2014 +2.54 M Add 60.36% 6.75 M $7.20
Q3 2014 -153,089 Reduce 2.27% 6.6 M $6.95
Q4 2014 +10.77 M Add 163.35% 17.37 M $6.52
Q1 2015 +2.65 M Add 15.26% 20.02 M $5.54
Q2 2015 +578,502 Add 2.89% 20.6 M $5.48
Q3 2015 -6.05 M Reduce 29.35% 14.55 M $3.65
Q4 2015 -3.06 M Reduce 21.02% 11.5 M $3.59
Q1 2016 +1.25 M Add 10.91% 12.75 M $4.73
Q2 2016 +3.02 M Add 23.68% 15.77 M $5.20
Q3 2016 -1.23 M Reduce 7.79% 14.54 M $6.03
Q4 2016 +8.64 M Add 59.42% 23.18 M $6.23
Q1 2017 -3.64 M Reduce 15.69% 19.54 M $7.32
Q2 2017 -403,585 Reduce 2.07% 19.14 M $6.70
Q3 2017 +5.14 M Add 26.86% 24.28 M $8.30
Q4 2017 -4.03 M Reduce 16.60% 20.25 M $7.88
Q1 2018 -3.15 M Reduce 15.57% 17.1 M $9.45
Q2 2018 -10.8 M Reduce 63.18% 6.29 M $6.29
Q3 2018 -4.7 M Reduce 74.72% 1.59 M $6.65
Q4 2018 +3.65 M Add 229.64% 5.24 M $8.31
Q1 2019 +4.86 M Add 92.60% 10.1 M $8.01
Q2 2019 -8.15 M Reduce 80.65% 1.95 M $8.56
Q3 2019 -750,506 Reduce 38.40% 1.2 M $7.65
Q4 2019 -182,292 Reduce 15.14% 1.02 M $8.32
Q1 2020 -665,747 Reduce 65.15% 356,113 $4.08
Q2 2020 +33,992 Add 9.55% 390,105 $4.26
Q3 2020 +71,281 Add 18.27% 461,386 $3.62
Q4 2020 -33,949 Reduce 7.36% 427,437 $5.54
Q2 2021 -13,891 Reduce 3.25% 413,546 $5.46
Q3 2021 +88,959 Add 21.51% 502,505 $4.79
Q4 2021 +78,238 Add 15.57% 580,743 $3.41
Q1 2022 -182,847 Reduce 31.49% 397,896 $5.19
Q2 2022 +13,165 Add 3.31% 411,061 $3.89
Q3 2022 -19,988 Reduce 4.86% 391,073 $4.70
Q4 2022 +267,187 Add 68.32% 658,260 $4.28
Q1 2023 -300,638 Reduce 45.67% 357,622 $4.43
Q2 2023 +1,011 Add 0.28% 358,633 $5.36
Q3 2023 -26,787 Reduce 7.47% 331,846 $4.88
Q4 2023 -92,985 Reduce 28.02% 238,861 $6.32
Q1 2024 +163,500 Add 68.45% 402,361 $6.30
Q2 2024 -41,536 Reduce 10.32% 360,825 $5.31
Q3 2024 +670,113 Add 185.72% 1.03 M $6.05
Q4 2024 -161,210 Reduce 15.64% 869,728 $4.51
Q1 2025 +1.6 M Add 184.34% 2.47 M $5.50
Q2 2025 -2.33 M Reduce 94.26% 141,896 $6.79
Q3 2025 -64,083 Reduce 45.16% 77,813 $7.34

Cliff Asness's Itaú Unibanco Holding Investment FAQs

Cliff Asness first purchased Itaú Unibanco Holding S.A. (ITUB) in Q4 2012, acquiring 833,335 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 Itaú Unibanco Holding S.A. (ITUB) 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 Itaú Unibanco Holding S.A. (ITUB) was in Q4 2014, adding 17,370,588 shares worth $113.19 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 77,813 shares of Itaú Unibanco Holding S.A. (ITUB), valued at approximately $571,146. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.

As of the Q3 2025 filing, Itaú Unibanco Holding S.A. (ITUB) represents approximately 0.00% 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 Itaú Unibanco Holding S.A. (ITUB) was 24,279,613 shares, as reported at the end of Q3 2017. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.