Cliff Asness's LVS Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 9.1 M shares of Las Vegas Sands Corp. (LVS) worth $592.22 M, representing 0.31% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 50 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 Q4 2025, adding 6.28 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 2025 | +6.28 M | Add 222.74% | 9.1 M | $65.09 |
| Q3 2025 | +1.11 M | Add 64.52% | 2.82 M | $53.79 |
| Q2 2025 | +922,738 | Add 116.69% | 1.71 M | $43.34 |
| Q1 2025 | +695,878 | Add 733.41% | 790,760 | $37.59 |
| Q4 2024 | -196,973 | Reduce 67.49% | 94,882 | $51.15 |
| Q3 2024 | -654,451 | Reduce 69.16% | 291,855 | $50.34 |
| Q2 2024 | -1.19 M | Reduce 55.72% | 946,306 | $44.17 |
| Q1 2024 | +294,439 | Add 15.98% | 2.14 M | $51.70 |
| Q4 2023 | +1.04 M | Add 128.48% | 1.84 M | $49.21 |
| Q3 2023 | +630,747 | Add 359.08% | 806,403 | $45.84 |
| Q2 2023 | +124,206 | Add 241.41% | 175,656 | $57.90 |
| Q1 2023 | +51,450 | New Buy | 51,450 | $56.58 |
| Q1 2022 | -188,115 | Sold Out | 0 | $0.00 |
| Q4 2021 | +22,061 | Add 13.29% | 188,115 | $37.64 |
| Q3 2021 | -195,872 | Reduce 54.12% | 166,054 | $36.60 |
| Q2 2021 | +352,372 | Add 3688.21% | 361,926 | $52.59 |
| Q1 2021 | -22,786 | Reduce 70.46% | 9,554 | $60.81 |
| Q4 2020 | -29,318 | Reduce 47.55% | 32,340 | $58.60 |
| Q3 2020 | -113,418 | Reduce 64.78% | 61,658 | $46.66 |
| Q2 2020 | -26,910 | Reduce 13.32% | 175,076 | $44.18 |
| Q1 2020 | -362,398 | Reduce 64.21% | 201,986 | $42.47 |
| Q4 2019 | -742,448 | Reduce 56.81% | 564,384 | $69.04 |
| Q3 2019 | +361,391 | Add 38.22% | 1.31 M | $57.76 |
| Q2 2019 | -823,308 | Reduce 46.55% | 945,441 | $59.09 |
| Q1 2019 | +222,329 | Add 14.38% | 1.77 M | $60.96 |
| Q4 2018 | -340,997 | Reduce 18.07% | 1.55 M | $52.05 |
| Q3 2018 | -1.47 M | Reduce 43.72% | 1.89 M | $59.33 |
| Q2 2018 | +1.02 M | Add 43.92% | 3.35 M | $76.40 |
| Q1 2018 | -83,769 | Reduce 3.47% | 2.33 M | $71.90 |
| Q4 2017 | -462,091 | Reduce 16.07% | 2.41 M | $69.49 |
| Q3 2017 | +581,207 | Add 25.33% | 2.88 M | $64.16 |
| Q2 2017 | +706,121 | Add 44.45% | 2.29 M | $63.89 |
| Q1 2017 | -67,658 | Reduce 4.08% | 1.59 M | $57.07 |
| Q4 2016 | +514,033 | Add 45.00% | 1.66 M | $53.41 |
| Q3 2016 | -510,836 | Reduce 30.90% | 1.14 M | $57.54 |
| Q2 2016 | +1.34 M | Add 422.25% | 1.65 M | $43.49 |
| Q1 2016 | +180,425 | Add 132.55% | 316,548 | $51.68 |
| Q4 2015 | +55,285 | Add 68.39% | 136,123 | $43.84 |
| Q3 2015 | +63,876 | Add 376.58% | 80,838 | $37.96 |
| Q2 2015 | -20,897 | Reduce 55.20% | 16,962 | $52.59 |
| Q1 2015 | -79,682 | Reduce 67.79% | 37,859 | $55.05 |
| Q4 2014 | -68,154 | Reduce 36.70% | 117,541 | $58.16 |
| Q3 2014 | -62,487 | Reduce 25.18% | 185,695 | $62.21 |
| Q2 2014 | -104,000 | Reduce 29.53% | 248,182 | $76.22 |
| Q1 2014 | -86,500 | Reduce 19.72% | 352,182 | $80.78 |
| Q4 2013 | +262,436 | Add 148.90% | 438,682 | $78.87 |
| Q3 2013 | +145,977 | Add 482.27% | 176,246 | $66.42 |
| Q2 2013 | +30,269 | Add 0.00% | 30,269 | $52.93 |
| Q4 2012 | +33,157 | Add 0.00% | 33,157 | $46.17 |
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 50 quarters since Q4 2012.
Cliff Asness's largest addition to Las Vegas Sands Corp. (LVS) was in Q4 2025, adding 9,098,518 shares worth $592.22 M.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 9,098,518 shares of Las Vegas Sands Corp. (LVS), valued at approximately $592.22 M.
As of the Q4 2025 filing, Las Vegas Sands Corp. (LVS) represents approximately 0.31% 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 9,098,518 shares, as reported at the end of Q4 2025.