Cliff Asness's MS Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 358,793 shares of Morgan Stanley (MS) worth $57.03 M, representing 0.04% 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 MS, representing a significant commitment to this investment thesis. Largest addition occurred in Q2 2015, adding 1.88 M shares. Largest reduction occurred in Q3 2017, reducing 2.06 M shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Morgan Stanley (MS) Holding Value Over Time
Track share changes against reported price movement
Quarterly Morgan Stanley (MS) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2012 | +100,201 | Add 0.00% | 100,200 | $19.12 |
| Q2 2013 | +527,480 | Add 0.00% | 527,479 | $24.43 |
| Q3 2013 | +238,037 | Add 45.13% | 765,516 | $26.95 |
| Q4 2013 | -156,579 | Reduce 20.45% | 608,937 | $31.36 |
| Q1 2014 | -23,680 | Reduce 3.89% | 585,257 | $31.17 |
| Q2 2014 | -105,744 | Reduce 18.07% | 479,513 | $32.33 |
| Q3 2014 | +108,373 | Add 22.60% | 587,886 | $34.57 |
| Q4 2014 | -171,507 | Reduce 29.17% | 416,379 | $38.80 |
| Q1 2015 | +1.69 M | Add 405.95% | 2.11 M | $35.69 |
| Q2 2015 | +1.88 M | Add 89.03% | 3.98 M | $38.79 |
| Q3 2015 | +17,991 | Add 0.45% | 4 M | $31.50 |
| Q4 2015 | -1.65 M | Reduce 41.22% | 2.35 M | $31.81 |
| Q1 2016 | +1.42 M | Add 60.54% | 3.77 M | $25.01 |
| Q2 2016 | -825,681 | Reduce 21.87% | 2.95 M | $25.98 |
| Q3 2016 | -557,934 | Reduce 18.92% | 2.39 M | $32.06 |
| Q4 2016 | +1.25 M | Add 52.44% | 3.65 M | $42.25 |
| Q1 2017 | -322,157 | Reduce 8.84% | 3.32 M | $42.84 |
| Q2 2017 | -504,985 | Reduce 15.20% | 2.82 M | $44.56 |
| Q3 2017 | -2.06 M | Reduce 73.13% | 757,080 | $48.17 |
| Q4 2017 | -353,345 | Reduce 46.67% | 403,735 | $52.47 |
| Q1 2018 | -129,265 | Reduce 32.02% | 274,470 | $53.96 |
| Q2 2018 | +157,692 | Add 57.45% | 432,162 | $47.40 |
| Q3 2018 | +276,714 | Add 64.03% | 708,876 | $46.57 |
| Q4 2018 | +703,647 | Add 99.26% | 1.41 M | $39.65 |
| Q1 2019 | -583,769 | Reduce 41.33% | 828,754 | $42.20 |
| Q2 2019 | +620,521 | Add 74.87% | 1.45 M | $43.81 |
| Q3 2019 | +613,577 | Add 42.34% | 2.06 M | $42.67 |
| Q4 2019 | -660,768 | Reduce 32.03% | 1.4 M | $51.04 |
| Q1 2020 | -152,531 | Reduce 10.88% | 1.25 M | $34.00 |
| Q2 2020 | -50,364 | Reduce 4.03% | 1.2 M | $47.39 |
| Q3 2020 | -261,110 | Reduce 21.77% | 938,079 | $47.99 |
| Q4 2020 | -57,397 | Reduce 6.12% | 880,682 | $67.82 |
| Q1 2021 | -505,142 | Reduce 57.36% | 375,540 | $77.66 |
| Q2 2021 | +160,390 | Add 42.71% | 535,930 | $90.48 |
| Q3 2021 | -160,853 | Reduce 30.01% | 375,077 | $97.31 |
| Q4 2021 | +137,510 | Add 36.66% | 512,587 | $98.16 |
| Q1 2022 | -117,428 | Reduce 22.91% | 395,159 | $87.40 |
| Q2 2022 | -125,861 | Reduce 31.85% | 269,298 | $74.95 |
| Q3 2022 | -134,987 | Reduce 50.13% | 134,311 | $79.01 |
| Q4 2022 | -5,306 | Reduce 3.95% | 129,005 | $84.53 |
| Q1 2023 | -33,653 | Reduce 26.09% | 95,352 | $86.23 |
| Q2 2023 | -3,459 | Reduce 3.63% | 91,893 | $85.40 |
| Q3 2023 | +13,334 | Add 14.51% | 105,227 | $81.67 |
| Q4 2023 | -1,414 | Reduce 1.34% | 103,813 | $93.25 |
| Q1 2024 | -18,260 | Reduce 17.59% | 85,553 | $93.87 |
| Q2 2024 | +29,575 | Add 34.57% | 115,128 | $96.32 |
| Q3 2024 | +152,674 | Add 132.61% | 267,802 | $103.48 |
| Q4 2024 | -67,570 | Reduce 25.23% | 200,232 | $125.72 |
| Q1 2025 | +59,351 | Add 29.64% | 259,583 | $113.52 |
| Q2 2025 | -60,842 | Reduce 23.44% | 198,741 | $140.86 |
| Q3 2025 | +160,052 | Add 80.53% | 358,793 | $158.96 |
Cliff Asness's Morgan Stanley Investment FAQs
Cliff Asness first purchased Morgan Stanley (MS) in Q4 2012, acquiring 100,200 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 Morgan Stanley (MS) for 52 quarters since Q4 2012.
Cliff Asness's largest addition to Morgan Stanley (MS) was in Q2 2015, adding 3,982,287 shares worth $154.47 M.
According to the latest 13F filing for Q3 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 358,793 shares of Morgan Stanley (MS), valued at approximately $57.03 M.
As of the Q3 2025 filing, Morgan Stanley (MS) represents approximately 0.04% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in Morgan Stanley (MS) was 4,000,278 shares, as reported at the end of Q3 2015.