Cliff Asness's LVS Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 2.82 M shares of Las Vegas Sands Corp. (LVS) worth $151.64 M, representing 0.10% 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 LVS, representing a significant commitment to this investment thesis. Largest addition occurred in Q2 2016, adding 1.34 M shares. Largest reduction occurred in Q3 2018, reducing 1.47 M shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Las Vegas Sands (LVS) Holding Value Over Time
Track share changes against reported price movement
Quarterly Las Vegas Sands (LVS) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2012 | +33,158 | Add 0.00% | 33,157 | $46.17 |
| Q2 2013 | +30,270 | Add 0.00% | 30,269 | $52.93 |
| Q3 2013 | +145,977 | Add 482.27% | 176,246 | $66.42 |
| Q4 2013 | +262,436 | Add 148.90% | 438,682 | $78.87 |
| Q1 2014 | -86,500 | Reduce 19.72% | 352,182 | $80.78 |
| Q2 2014 | -104,000 | Reduce 29.53% | 248,182 | $76.22 |
| Q3 2014 | -62,487 | Reduce 25.18% | 185,695 | $62.21 |
| Q4 2014 | -68,154 | Reduce 36.70% | 117,541 | $58.16 |
| Q1 2015 | -79,682 | Reduce 67.79% | 37,859 | $55.05 |
| Q2 2015 | -20,897 | Reduce 55.20% | 16,962 | $52.59 |
| Q3 2015 | +63,876 | Add 376.58% | 80,838 | $37.96 |
| Q4 2015 | +55,285 | Add 68.39% | 136,123 | $43.84 |
| Q1 2016 | +180,425 | Add 132.55% | 316,548 | $51.68 |
| Q2 2016 | +1.34 M | Add 422.25% | 1.65 M | $43.49 |
| Q3 2016 | -510,836 | Reduce 30.90% | 1.14 M | $57.54 |
| Q4 2016 | +514,033 | Add 45.00% | 1.66 M | $53.41 |
| Q1 2017 | -67,658 | Reduce 4.08% | 1.59 M | $57.07 |
| Q2 2017 | +706,121 | Add 44.45% | 2.29 M | $63.89 |
| Q3 2017 | +581,207 | Add 25.33% | 2.88 M | $64.16 |
| Q4 2017 | -462,091 | Reduce 16.07% | 2.41 M | $69.49 |
| Q1 2018 | -83,769 | Reduce 3.47% | 2.33 M | $71.90 |
| Q2 2018 | +1.02 M | Add 43.92% | 3.35 M | $76.40 |
| Q3 2018 | -1.47 M | Reduce 43.72% | 1.89 M | $59.33 |
| Q4 2018 | -340,997 | Reduce 18.07% | 1.55 M | $52.05 |
| Q1 2019 | +222,329 | Add 14.38% | 1.77 M | $60.96 |
| Q2 2019 | -823,308 | Reduce 46.55% | 945,441 | $59.09 |
| Q3 2019 | +361,391 | Add 38.22% | 1.31 M | $57.76 |
| Q4 2019 | -742,448 | Reduce 56.81% | 564,384 | $69.04 |
| Q1 2020 | -362,398 | Reduce 64.21% | 201,986 | $42.47 |
| Q2 2020 | -26,910 | Reduce 13.32% | 175,076 | $44.18 |
| Q3 2020 | -113,418 | Reduce 64.78% | 61,658 | $46.66 |
| Q4 2020 | -29,318 | Reduce 47.55% | 32,340 | $58.60 |
| Q1 2021 | -22,786 | Reduce 70.46% | 9,554 | $60.81 |
| Q2 2021 | +352,372 | Add 3688.21% | 361,926 | $52.59 |
| Q3 2021 | -195,872 | Reduce 54.12% | 166,054 | $36.60 |
| Q4 2021 | +22,061 | Add 13.29% | 188,115 | $37.64 |
| Q1 2022 | -188,115 | Sold Out | 188,115 | $37.64 |
| Q1 2023 | +51,450 | New Buy | 51,450 | $56.58 |
| Q2 2023 | +124,206 | Add 241.41% | 175,656 | $57.90 |
| Q3 2023 | +630,747 | Add 359.08% | 806,403 | $45.84 |
| Q4 2023 | +1.04 M | Add 128.48% | 1.84 M | $49.21 |
| Q1 2024 | +294,439 | Add 15.98% | 2.14 M | $51.70 |
| Q2 2024 | -1.19 M | Reduce 55.72% | 946,306 | $44.17 |
| Q3 2024 | -654,451 | Reduce 69.16% | 291,855 | $50.34 |
| Q4 2024 | -196,973 | Reduce 67.49% | 94,882 | $51.15 |
| Q1 2025 | +695,878 | Add 733.41% | 790,760 | $37.59 |
| Q2 2025 | +922,738 | Add 116.69% | 1.71 M | $43.34 |
| Q3 2025 | +1.11 M | Add 64.52% | 2.82 M | $53.79 |
Cliff Asness's Las Vegas Sands Investment FAQs
Cliff Asness first purchased Las Vegas Sands Corp. (LVS) in Q4 2012, acquiring 33,157 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 Las Vegas Sands Corp. (LVS) for 52 quarters since Q4 2012.
Cliff Asness's largest addition to Las Vegas Sands Corp. (LVS) was in Q2 2016, adding 1,653,159 shares worth $71.9 M.
According to the latest 13F filing for Q3 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 2,819,128 shares of Las Vegas Sands Corp. (LVS), valued at approximately $151.64 M.
As of the Q3 2025 filing, Las Vegas Sands Corp. (LVS) represents approximately 0.10% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in Las Vegas Sands Corp. (LVS) was 3,353,476 shares, as reported at the end of Q2 2018.