Cliff Asness’s MSFT Holdings & Trades

First Buy
Q4 2012
Duration Held
52 Quarters
Largest Add
Q2 2013
+6.07 M shares
Current Position
6.24 M shares
$3.2 B value

Cliff Asness's MSFT Position Overview

Cliff Asness (via Aqr Capital Management LLC) currently holds 6.2M shares of Microsoft Corporation (MSFT) worth $3.2 B, representing 2.05% 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 MSFT, representing a significant commitment to this investment thesis. Largest addition occurred in Q1 2015, adding 3.9M shares. Largest reduction occurred in Q3 2019, reducing 3.3M shares.

Analysis based on 13F filings available since 2013 Q2

Cliff Asness's Microsoft Corporation (MSFT) Holding Value Over Time

Track share changes against reported price movement

Quarterly Microsoft Corporation (MSFT) Trades by Cliff Asness

Period Bought/Sold (Sh.) % Change Qtr. End Shares Reported Price
Q4 2012 +5.02 M Add 0.00% 5.02 M $26.73
Q2 2013 +6.07 M Add 0.00% 6.07 M $34.53
Q3 2013 +1.11 M Add 18.26% 7.18 M $33.31
Q4 2013 +1.16 M Add 16.17% 8.34 M $37.43
Q1 2014 -301,932 Reduce 3.62% 8.04 M $40.99
Q2 2014 -1.77 M Reduce 22.03% 6.27 M $41.70
Q3 2014 +148,413 Add 2.37% 6.42 M $46.36
Q4 2014 +2.94 M Add 45.90% 9.36 M $46.45
Q1 2015 +3.86 M Add 41.23% 13.22 M $40.66
Q2 2015 -379,842 Reduce 2.87% 12.84 M $44.15
Q3 2015 -438,013 Reduce 3.41% 12.4 M $44.26
Q4 2015 -535,660 Reduce 4.32% 11.87 M $55.48
Q1 2016 +1.26 M Add 10.65% 13.13 M $55.23
Q2 2016 -131,137 Reduce 1.00% 13 M $51.17
Q3 2016 +1.1 M Add 8.49% 14.1 M $57.60
Q4 2016 -260,188 Reduce 1.85% 13.84 M $62.14
Q1 2017 -1.67 M Reduce 12.06% 12.17 M $65.86
Q2 2017 +1.21 M Add 9.95% 13.38 M $68.93
Q3 2017 +5,247 Add 0.04% 13.39 M $74.49
Q4 2017 +1.15 M Add 8.56% 14.54 M $85.54
Q1 2018 +366,768 Add 2.52% 14.9 M $91.27
Q2 2018 +1.93 M Add 12.92% 16.83 M $99.46
Q3 2018 +3.59 M Add 21.35% 20.42 M $114.37
Q4 2018 -249,572 Reduce 1.22% 20.17 M $101.57
Q1 2019 -2.2 M Reduce 10.89% 17.98 M $117.15
Q2 2019 -1.89 M Reduce 10.53% 16.08 M $133.48
Q3 2019 -3.28 M Reduce 20.41% 12.8 M $138.28
Q4 2019 -775,499 Reduce 6.06% 12.02 M $157.25
Q1 2020 -959,128 Reduce 7.98% 11.07 M $157.71
Q2 2020 -211,591 Reduce 1.91% 10.85 M $199.67
Q3 2020 -1.66 M Reduce 15.26% 9.2 M $208.40
Q4 2020 -1.12 M Reduce 12.13% 8.08 M $221.54
Q1 2021 -532,973 Reduce 6.59% 7.55 M $233.79
Q2 2021 -1.14 M Reduce 15.10% 6.41 M $270.19
Q3 2021 -345,395 Reduce 5.39% 6.06 M $281.92
Q4 2021 -251,663 Reduce 4.15% 5.81 M $336.32
Q1 2022 -369,133 Reduce 6.35% 5.44 M $308.31
Q2 2022 -750,479 Reduce 13.79% 4.69 M $254.70
Q3 2022 +55,958 Add 1.19% 4.75 M $232.90
Q4 2022 -157,886 Reduce 3.32% 4.59 M $238.04
Q1 2023 -67,153 Reduce 1.46% 4.52 M $283.81
Q2 2023 -532,240 Reduce 11.77% 3.99 M $340.54
Q3 2023 +255,606 Add 6.40% 4.25 M $315.75
Q4 2023 -179,248 Reduce 4.22% 4.07 M $376.04
Q1 2024 -88,014 Reduce 2.16% 3.98 M $420.72
Q2 2024 -111,022 Reduce 2.79% 3.87 M $446.95
Q3 2024 +188,369 Add 4.87% 4.06 M $426.31
Q4 2024 +153,058 Add 3.77% 4.21 M $421.50
Q1 2025 +324,772 Add 7.71% 4.54 M $370.42
Q2 2025 +28,701 Add 0.63% 4.56 M $496.93
Q3 2025 +1.67 M Add 36.69% 6.24 M $512.68

Cliff Asness's Microsoft Corporation Investment FAQs

Cliff Asness first purchased Microsoft Corporation (MSFT) in Q4 2012, acquiring 5,017,296 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 Microsoft Corporation (MSFT) for 52 quarters since Q4 2012. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.

Cliff Asness's largest addition to Microsoft Corporation (MSFT) was in Q2 2013, adding 6,070,369 shares worth $209.61 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.

According to the latest 13F filing for Q3 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 6,238,411 shares of Microsoft Corporation (MSFT), valued at approximately $3.2 B. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.

As of the Q3 2025 filing, Microsoft Corporation (MSFT) represents approximately 2.05% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.

Cliff Asness's peak holding in Microsoft Corporation (MSFT) was 20,422,350 shares, as reported at the end of Q3 2018. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.