Cliff Asness's KBH Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 773,782 shares of KB Home (KBH) worth $43.65 M, representing 0.02% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 48 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in KBH, representing a significant commitment to this investment thesis. Largest addition occurred in Q3 2016, adding 1.79 M shares. Largest reduction occurred in Q1 2019, reducing 1.1 M shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's KB Home (KBH) Holding Value Over Time
Track share changes against reported price movement
Quarterly KB Home (KBH) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +19,415 | Add 2.57% | 773,782 | $56.41 |
| Q3 2025 | -157,231 | Reduce 17.25% | 754,367 | $63.64 |
| Q2 2025 | -30,881 | Reduce 3.28% | 911,598 | $52.44 |
| Q1 2025 | +506,415 | Add 116.13% | 942,479 | $57.25 |
| Q4 2024 | -59,655 | Reduce 12.03% | 436,064 | $65.72 |
| Q3 2024 | -433,922 | Reduce 46.68% | 495,719 | $84.62 |
| Q2 2024 | -612,356 | Reduce 39.71% | 929,641 | $70.18 |
| Q1 2024 | -460,112 | Reduce 22.98% | 1.54 M | $70.88 |
| Q4 2023 | -524,729 | Reduce 20.77% | 2 M | $62.46 |
| Q3 2023 | +1.22 M | Add 93.89% | 2.53 M | $46.28 |
| Q2 2023 | -365,225 | Reduce 21.89% | 1.3 M | $51.43 |
| Q1 2023 | +231,859 | Add 16.14% | 1.67 M | $39.86 |
| Q4 2022 | +684,199 | Add 90.94% | 1.44 M | $31.78 |
| Q3 2022 | +82,664 | Add 12.34% | 752,393 | $25.89 |
| Q2 2022 | +409,273 | Add 157.14% | 669,729 | $27.68 |
| Q1 2022 | +203,556 | Add 357.74% | 260,456 | $32.38 |
| Q4 2021 | -98,697 | Reduce 63.43% | 56,900 | $44.39 |
| Q3 2021 | -74,468 | Reduce 32.37% | 155,597 | $38.92 |
| Q2 2021 | -187,815 | Reduce 44.94% | 230,065 | $40.48 |
| Q1 2021 | -233,463 | Reduce 35.84% | 417,880 | $46.53 |
| Q4 2020 | -520,094 | Reduce 44.40% | 651,343 | $33.52 |
| Q3 2020 | -613,173 | Reduce 34.36% | 1.17 M | $38.32 |
| Q2 2020 | -840,158 | Reduce 32.01% | 1.78 M | $29.66 |
| Q1 2020 | +904,045 | Add 52.54% | 2.62 M | $18.06 |
| Q4 2019 | -300,123 | Reduce 14.85% | 1.72 M | $34.27 |
| Q3 2019 | -738,253 | Reduce 26.76% | 2.02 M | $34.00 |
| Q2 2019 | -860,399 | Reduce 23.77% | 2.76 M | $25.73 |
| Q1 2019 | -1.1 M | Reduce 23.38% | 3.62 M | $24.17 |
| Q4 2018 | +419,702 | Add 9.75% | 4.72 M | $19.10 |
| Q3 2018 | -17,154 | Reduce 0.40% | 4.3 M | $23.91 |
| Q2 2018 | -10,104 | Reduce 0.23% | 4.32 M | $27.24 |
| Q1 2018 | +207,328 | Add 5.03% | 4.33 M | $28.45 |
| Q4 2017 | -437,523 | Reduce 9.59% | 4.12 M | $31.95 |
| Q3 2017 | -397,797 | Reduce 8.02% | 4.56 M | $24.12 |
| Q2 2017 | -782,897 | Reduce 13.63% | 4.96 M | $23.97 |
| Q1 2017 | -171,402 | Reduce 2.90% | 5.74 M | $19.88 |
| Q4 2016 | +967,609 | Add 19.56% | 5.91 M | $15.81 |
| Q3 2016 | +1.79 M | Add 56.93% | 4.95 M | $16.12 |
| Q2 2016 | +1.45 M | Add 85.63% | 3.15 M | $15.21 |
| Q1 2016 | +510,186 | Add 42.96% | 1.7 M | $14.28 |
| Q4 2015 | +1.19 M | New Buy | 1.19 M | $12.33 |
| Q2 2014 | -20,911 | Sold Out | 0 | $0.00 |
| Q1 2014 | -77,500 | Reduce 78.75% | 20,911 | $16.98 |
| Q4 2013 | -73,924 | Reduce 42.90% | 98,411 | $18.28 |
| Q3 2013 | +8,854 | Add 5.42% | 172,335 | $18.02 |
| Q2 2013 | +163,481 | Add 0.00% | 163,481 | $19.63 |
| Q4 2012 | +496,585 | Add 0.00% | 496,585 | $15.80 |
Cliff Asness's KB Home Investment FAQs
Cliff Asness first purchased KB Home (KBH) in Q4 2012, acquiring 496,585 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 KB Home (KBH) for 48 quarters since Q4 2012.
Cliff Asness's largest addition to KB Home (KBH) was in Q3 2016, adding 4,946,021 shares worth $79.73 M.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 773,782 shares of KB Home (KBH), valued at approximately $43.65 M.
As of the Q4 2025 filing, KB Home (KBH) represents approximately 0.02% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in KB Home (KBH) was 5,913,630 shares, as reported at the end of Q4 2016.