Cliff Asness's KMI Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 6.57 M shares of Kinder Morgan, Inc. (KMI) worth $185.97 M, representing 0.12% 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 KMI, representing a significant commitment to this investment thesis. Largest addition occurred in Q3 2025, adding 5.33 M shares. Largest reduction occurred in Q3 2017, reducing 3.24 M shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Kinder Morgan (KMI) Holding Value Over Time
Track share changes against reported price movement
Quarterly Kinder Morgan (KMI) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2012 | +125,886 | Add 0.00% | 125,885 | $35.33 |
| Q2 2013 | +88,208 | Add 0.00% | 88,207 | $38.15 |
| Q3 2013 | -39,338 | Reduce 44.60% | 48,869 | $35.56 |
| Q4 2013 | -48,869 | Sold Out | 48,869 | $35.56 |
| Q1 2014 | +69,600 | New Buy | 69,600 | $32.49 |
| Q2 2014 | -21,700 | Reduce 31.18% | 47,900 | $36.26 |
| Q3 2014 | -47,900 | Sold Out | 47,900 | $36.26 |
| Q4 2014 | +90,353 | New Buy | 90,353 | $42.31 |
| Q1 2015 | +174,154 | Add 192.75% | 264,507 | $42.06 |
| Q2 2015 | +63,969 | Add 24.18% | 328,476 | $38.39 |
| Q3 2015 | -238,263 | Reduce 72.54% | 90,213 | $27.68 |
| Q4 2015 | +23,365 | Add 25.90% | 113,578 | $14.92 |
| Q1 2016 | +3.01 M | Add 2653.11% | 3.13 M | $17.86 |
| Q2 2016 | +199,568 | Add 6.38% | 3.33 M | $18.72 |
| Q3 2016 | +70,904 | Add 2.13% | 3.4 M | $23.13 |
| Q4 2016 | +1.97 M | Add 57.95% | 5.37 M | $20.71 |
| Q1 2017 | -2.34 M | Reduce 43.58% | 3.03 M | $21.74 |
| Q2 2017 | +510,525 | Add 16.86% | 3.54 M | $19.16 |
| Q3 2017 | -3.24 M | Reduce 91.46% | 302,119 | $19.18 |
| Q4 2017 | -302,119 | Sold Out | 302,119 | $19.18 |
| Q2 2018 | +37,094 | New Buy | 37,094 | $17.66 |
| Q3 2018 | -37,094 | Sold Out | 37,094 | $17.66 |
| Q4 2018 | +32,310 | New Buy | 32,310 | $15.38 |
| Q1 2019 | +325,432 | Add 1007.22% | 357,742 | $20.01 |
| Q2 2019 | -68,248 | Reduce 19.08% | 289,494 | $20.56 |
| Q3 2019 | +47,683 | Add 16.47% | 337,177 | $20.61 |
| Q4 2019 | +24,661 | Add 7.31% | 361,838 | $21.02 |
| Q1 2020 | -2,269 | Reduce 0.63% | 359,569 | $13.39 |
| Q2 2020 | +2.87 M | Add 798.64% | 3.23 M | $14.65 |
| Q3 2020 | -2.54 M | Reduce 78.71% | 688,072 | $12.33 |
| Q4 2020 | -129,147 | Reduce 18.77% | 558,925 | $13.54 |
| Q1 2021 | +3.16 M | Add 565.72% | 3.72 M | $16.61 |
| Q2 2021 | -1.22 M | Reduce 32.66% | 2.51 M | $18.12 |
| Q3 2021 | -360,179 | Reduce 14.37% | 2.15 M | $16.73 |
| Q4 2021 | +844,828 | Add 39.37% | 2.99 M | $15.82 |
| Q1 2022 | -98,795 | Reduce 3.30% | 2.89 M | $18.91 |
| Q2 2022 | -2.18 M | Reduce 75.28% | 714,750 | $16.76 |
| Q3 2022 | -365,780 | Reduce 51.18% | 348,970 | $16.64 |
| Q4 2022 | +20,888 | Add 5.99% | 369,858 | $18.07 |
| Q1 2023 | -135,790 | Reduce 36.71% | 234,068 | $17.35 |
| Q2 2023 | -23,795 | Reduce 10.17% | 210,273 | $17.19 |
| Q3 2023 | +30,848 | Add 14.67% | 241,121 | $16.58 |
| Q4 2023 | +163,985 | Add 68.01% | 405,106 | $17.63 |
| Q1 2024 | +6,215 | Add 1.53% | 411,321 | $18.25 |
| Q2 2024 | +45,917 | Add 11.16% | 457,238 | $19.77 |
| Q3 2024 | +305,338 | Add 66.78% | 762,576 | $21.68 |
| Q4 2024 | +713,001 | Add 93.50% | 1.48 M | $27.40 |
| Q1 2025 | +559,254 | Add 37.90% | 2.03 M | $28.40 |
| Q2 2025 | -799,735 | Reduce 39.30% | 1.24 M | $29.40 |
| Q3 2025 | +5.33 M | Add 431.87% | 6.57 M | $28.31 |
Cliff Asness's Kinder Morgan Investment FAQs
Cliff Asness first purchased Kinder Morgan, Inc. (KMI) in Q4 2012, acquiring 125,885 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 Kinder Morgan, Inc. (KMI) for 52 quarters since Q4 2012.
Cliff Asness's largest addition to Kinder Morgan, Inc. (KMI) was in Q3 2025, adding 6,569,082 shares worth $185.97 M.
According to the latest 13F filing for Q3 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 6,569,082 shares of Kinder Morgan, Inc. (KMI), valued at approximately $185.97 M.
As of the Q3 2025 filing, Kinder Morgan, Inc. (KMI) represents approximately 0.12% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in Kinder Morgan, Inc. (KMI) was 6,569,082 shares, as reported at the end of Q3 2025.