Cliff Asness's MLI Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 9.76 M shares of Mueller Industries, Inc. (MLI) worth $536.04 M, representing 0.25% 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 MLI, representing a significant commitment to this investment thesis. Largest addition occurred in Q3 2025, adding 3.33 M shares. Largest reduction occurred in Q3 2013, reducing 619,320 shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Mueller Industries (MLI) Holding Value Over Time
Track share changes against reported price movement
Quarterly Mueller Industries (MLI) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q1 2026 | +1.65 M | Add 20.30% | 9.76 M | $54.95 |
| Q4 2025 | +2.94 M | Add 56.81% | 8.11 M | $57.40 |
| Q3 2025 | +3.33 M | Add 181.42% | 5.17 M | $50.56 |
| Q2 2025 | +660,748 | Add 56.15% | 1.84 M | $39.74 |
| Q1 2025 | +902,522 | Add 328.99% | 1.18 M | $37.32 |
| Q4 2024 | -40,022 | Reduce 12.73% | 274,334 | $39.68 |
| Q3 2024 | -24,072 | Reduce 7.11% | 314,356 | $37.05 |
| Q2 2024 | +27,632 | Add 8.89% | 338,428 | $28.47 |
| Q1 2024 | -31,944 | Reduce 9.32% | 310,796 | $26.97 |
| Q4 2023 | -250,900 | Reduce 42.26% | 342,740 | $23.58 |
| Q3 2023 | -48,856 | Reduce 7.60% | 593,640 | $18.79 |
| Q2 2023 | -33,276 | Reduce 4.92% | 642,496 | $21.82 |
| Q1 2023 | -20,044 | Reduce 2.88% | 675,772 | $18.37 |
| Q4 2022 | +121,972 | Add 21.26% | 695,816 | $14.75 |
| Q3 2022 | +161,120 | Add 39.04% | 573,844 | $14.86 |
| Q2 2022 | +24,748 | Add 6.38% | 412,724 | $13.32 |
| Q1 2022 | -17,464 | Reduce 4.31% | 387,976 | $13.54 |
| Q4 2021 | +34,996 | Add 9.45% | 405,440 | $14.84 |
| Q3 2021 | +19,084 | Add 5.43% | 370,444 | $10.27 |
| Q2 2021 | -8,756 | Reduce 2.43% | 351,360 | $10.83 |
| Q1 2021 | +3,164 | Add 0.89% | 360,116 | $10.34 |
| Q4 2020 | -117,512 | Reduce 24.77% | 356,952 | $8.78 |
| Q3 2020 | -37,324 | Reduce 7.29% | 474,464 | $6.77 |
| Q2 2020 | -20,540 | Reduce 3.86% | 511,788 | $6.65 |
| Q1 2020 | -992 | Reduce 0.19% | 532,328 | $5.99 |
| Q4 2019 | +269,364 | Add 102.05% | 533,320 | $7.94 |
| Q3 2019 | +209,528 | Add 384.96% | 263,956 | $7.17 |
| Q2 2019 | +54,428 | New Buy | 54,428 | $7.31 |
| Q1 2018 | -278,176 | Sold Out | 0 | $0.00 |
| Q4 2017 | -62,312 | Reduce 18.30% | 278,176 | $8.86 |
| Q3 2017 | -175,448 | Reduce 34.01% | 340,488 | $8.74 |
| Q2 2017 | +269,968 | Add 109.76% | 515,936 | $7.61 |
| Q1 2017 | -528,396 | Reduce 68.24% | 245,968 | $8.56 |
| Q4 2016 | +261,484 | Add 50.98% | 774,364 | $9.99 |
| Q3 2016 | +328,204 | Add 177.72% | 512,880 | $8.11 |
| Q2 2016 | +49,016 | Add 36.13% | 184,676 | $7.97 |
| Q1 2016 | -23,936 | Reduce 15.00% | 135,660 | $7.36 |
| Q4 2015 | -16,832 | Reduce 9.54% | 159,596 | $6.77 |
| Q3 2015 | -63,896 | Reduce 26.59% | 176,428 | $7.40 |
| Q2 2015 | +17,860 | Add 8.03% | 240,324 | $8.68 |
| Q1 2015 | +27,776 | Add 14.27% | 222,464 | $9.03 |
| Q4 2014 | -182,092 | Reduce 48.33% | 194,688 | $8.54 |
| Q3 2014 | -69,352 | Reduce 15.55% | 376,780 | $7.13 |
| Q2 2014 | -42,952 | Reduce 8.78% | 446,132 | $7.35 |
| Q1 2014 | -112,892 | Reduce 18.75% | 489,084 | $7.50 |
| Q4 2013 | -64,000 | Reduce 9.61% | 601,976 | $7.88 |
| Q3 2013 | -619,320 | Reduce 48.19% | 665,976 | $6.96 |
| Q2 2013 | +1.29 M | Add 0.00% | 1.29 M | $6.30 |
| Q4 2012 | +1.13 M | Add 0.00% | 1.13 M | $6.25 |
Cliff Asness's Mueller Industries Investment FAQs
Cliff Asness first purchased Mueller Industries, Inc. (MLI) in Q4 2012, acquiring 1,126,336 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 Mueller Industries, Inc. (MLI) for 50 quarters since Q4 2012.
Cliff Asness's largest addition to Mueller Industries, Inc. (MLI) was in Q3 2025, adding 5,171,386 shares worth $261.44 M.
According to the latest 13F filing for Q1 2026, Cliff Asness's firm, Aqr Capital Management LLC, owns 9,755,022 shares of Mueller Industries, Inc. (MLI), valued at approximately $536.04 M.
As of the Q1 2026 filing, Mueller Industries, Inc. (MLI) represents approximately 0.25% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in Mueller Industries, Inc. (MLI) was 9,755,022 shares, as reported at the end of Q1 2026.