Cliff Asness's JPM Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 1.72 M shares of JPMorgan Chase & Co. (JPM) worth $543.67 M, representing 0.35% 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 JPM, representing a significant commitment to this investment thesis. Largest addition occurred in Q4 2016, adding 1.41 M shares. Largest reduction occurred in Q2 2018, reducing 1.89 M shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's JPMorgan Chase & Co (JPM) Holding Value Over Time
Track share changes against reported price movement
Quarterly JPMorgan Chase & Co (JPM) Trades by Cliff Asness
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2012 | +4.39 M | Add 0.00% | 4.39 M | $43.97 |
| Q2 2013 | +4.34 M | Add 0.00% | 4.34 M | $52.79 |
| Q3 2013 | +80,246 | Add 1.85% | 4.42 M | $51.69 |
| Q4 2013 | -1.62 M | Reduce 36.66% | 2.8 M | $58.48 |
| Q1 2014 | +369,598 | Add 13.20% | 3.17 M | $60.71 |
| Q2 2014 | -597,321 | Reduce 18.84% | 2.57 M | $57.62 |
| Q3 2014 | -51,849 | Reduce 2.02% | 2.52 M | $60.24 |
| Q4 2014 | +1.04 M | Add 41.44% | 3.57 M | $62.58 |
| Q1 2015 | +164,368 | Add 4.61% | 3.73 M | $60.58 |
| Q2 2015 | +1.27 M | Add 33.96% | 5 M | $67.76 |
| Q3 2015 | -1.08 M | Reduce 21.69% | 3.91 M | $60.97 |
| Q4 2015 | -475,899 | Reduce 12.16% | 3.44 M | $66.03 |
| Q1 2016 | +902,815 | Add 26.27% | 4.34 M | $59.22 |
| Q2 2016 | -633,928 | Reduce 14.61% | 3.71 M | $62.14 |
| Q3 2016 | +422,594 | Add 11.40% | 4.13 M | $66.59 |
| Q4 2016 | +1.41 M | Add 34.18% | 5.54 M | $86.29 |
| Q1 2017 | -26,378 | Reduce 0.48% | 5.51 M | $87.84 |
| Q2 2017 | +1.37 M | Add 24.78% | 6.88 M | $91.40 |
| Q3 2017 | +189,513 | Add 2.75% | 7.07 M | $95.51 |
| Q4 2017 | -158,942 | Reduce 2.25% | 6.91 M | $106.94 |
| Q1 2018 | +1.11 M | Add 16.09% | 8.02 M | $109.97 |
| Q2 2018 | -1.89 M | Reduce 23.58% | 6.13 M | $104.20 |
| Q3 2018 | -994,003 | Reduce 16.22% | 5.14 M | $112.84 |
| Q4 2018 | -1.45 M | Reduce 28.29% | 3.68 M | $97.62 |
| Q1 2019 | -1.15 M | Reduce 31.31% | 2.53 M | $100.88 |
| Q2 2019 | -407,348 | Reduce 16.10% | 2.12 M | $111.80 |
| Q3 2019 | -325,630 | Reduce 15.34% | 1.8 M | $117.69 |
| Q4 2019 | +838,286 | Add 46.65% | 2.64 M | $138.64 |
| Q1 2020 | +107,738 | Add 4.09% | 2.74 M | $90.03 |
| Q2 2020 | -2,185 | Reduce 0.08% | 2.74 M | $93.53 |
| Q3 2020 | -1.06 M | Reduce 38.61% | 1.68 M | $96.21 |
| Q4 2020 | -501,680 | Reduce 29.82% | 1.18 M | $125.16 |
| Q1 2021 | +663,035 | Add 56.15% | 1.84 M | $152.23 |
| Q2 2021 | +767,886 | Add 41.64% | 2.61 M | $154.94 |
| Q3 2021 | -6,117 | Reduce 0.23% | 2.61 M | $163.69 |
| Q4 2021 | -151,122 | Reduce 5.80% | 2.45 M | $158.35 |
| Q1 2022 | -129,404 | Reduce 5.27% | 2.33 M | $136.32 |
| Q2 2022 | -417,318 | Reduce 17.95% | 1.91 M | $111.27 |
| Q3 2022 | -234,695 | Reduce 12.30% | 1.67 M | $104.50 |
| Q4 2022 | -810,543 | Reduce 48.44% | 862,627 | $133.01 |
| Q1 2023 | -309,704 | Reduce 35.90% | 552,923 | $128.98 |
| Q2 2023 | -46,770 | Reduce 8.46% | 506,153 | $144.45 |
| Q3 2023 | +276,429 | Add 54.61% | 782,582 | $145.02 |
| Q4 2023 | -14,958 | Reduce 1.91% | 767,624 | $170.10 |
| Q1 2024 | +61,357 | Add 7.99% | 828,981 | $199.48 |
| Q2 2024 | -220,895 | Reduce 26.65% | 608,086 | $200.10 |
| Q3 2024 | +174,056 | Add 28.62% | 782,142 | $207.56 |
| Q4 2024 | +128,884 | Add 16.48% | 911,026 | $239.71 |
| Q1 2025 | +518,757 | Add 56.94% | 1.43 M | $239.38 |
| Q2 2025 | -99,962 | Reduce 6.99% | 1.33 M | $289.91 |
| Q3 2025 | +393,777 | Add 29.61% | 1.72 M | $315.43 |
Cliff Asness's JPMorgan Chase & Co Investment FAQs
Cliff Asness first purchased JPMorgan Chase & Co. (JPM) in Q4 2012, acquiring 4,385,355 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 JPMorgan Chase & Co. (JPM) 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 JPMorgan Chase & Co. (JPM) was in Q4 2012, adding 4,385,355 shares worth $192.82 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 1,723,598 shares of JPMorgan Chase & Co. (JPM), valued at approximately $543.67 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, JPMorgan Chase & Co. (JPM) represents approximately 0.35% 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 JPMorgan Chase & Co. (JPM) was 8,021,897 shares, as reported at the end of Q1 2018. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.