Cliff Asness's MSFT Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 6.27 M shares of Microsoft Corporation (MSFT) worth $3.03 B, representing 1.59% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 53 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 3.86 M shares. Largest reduction occurred in Q3 2019, reducing 3.28 M 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
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +27,190 | Add 0.44% | 6.27 M | $483.62 |
| Q3 2025 | +1.67 M | Add 36.69% | 6.24 M | $512.68 |
| Q2 2025 | +28,701 | Add 0.63% | 4.56 M | $496.93 |
| Q1 2025 | +324,772 | Add 7.71% | 4.54 M | $370.42 |
| Q4 2024 | +153,058 | Add 3.77% | 4.21 M | $421.50 |
| Q3 2024 | +188,369 | Add 4.87% | 4.06 M | $426.31 |
| Q2 2024 | -111,022 | Reduce 2.79% | 3.87 M | $446.95 |
| Q1 2024 | -88,014 | Reduce 2.16% | 3.98 M | $420.72 |
| Q4 2023 | -179,248 | Reduce 4.22% | 4.07 M | $376.04 |
| Q3 2023 | +255,606 | Add 6.40% | 4.25 M | $315.75 |
| Q2 2023 | -532,240 | Reduce 11.77% | 3.99 M | $340.54 |
| Q1 2023 | -67,153 | Reduce 1.46% | 4.52 M | $283.81 |
| Q4 2022 | -157,886 | Reduce 3.32% | 4.59 M | $238.04 |
| Q3 2022 | +55,958 | Add 1.19% | 4.75 M | $232.90 |
| Q2 2022 | -750,479 | Reduce 13.79% | 4.69 M | $254.70 |
| Q1 2022 | -369,133 | Reduce 6.35% | 5.44 M | $308.31 |
| Q4 2021 | -251,663 | Reduce 4.15% | 5.81 M | $336.32 |
| Q3 2021 | -345,395 | Reduce 5.39% | 6.06 M | $281.92 |
| Q2 2021 | -1.14 M | Reduce 15.10% | 6.41 M | $270.19 |
| Q1 2021 | -532,973 | Reduce 6.59% | 7.55 M | $233.79 |
| Q4 2020 | -1.12 M | Reduce 12.13% | 8.08 M | $221.54 |
| Q3 2020 | -1.66 M | Reduce 15.26% | 9.2 M | $208.40 |
| Q2 2020 | -211,591 | Reduce 1.91% | 10.85 M | $199.67 |
| Q1 2020 | -959,128 | Reduce 7.98% | 11.07 M | $157.71 |
| Q4 2019 | -775,499 | Reduce 6.06% | 12.02 M | $157.25 |
| Q3 2019 | -3.28 M | Reduce 20.41% | 12.8 M | $138.28 |
| Q2 2019 | -1.89 M | Reduce 10.53% | 16.08 M | $133.48 |
| Q1 2019 | -2.2 M | Reduce 10.89% | 17.98 M | $117.15 |
| Q4 2018 | -249,572 | Reduce 1.22% | 20.17 M | $101.57 |
| Q3 2018 | +3.59 M | Add 21.35% | 20.42 M | $114.37 |
| Q2 2018 | +1.93 M | Add 12.92% | 16.83 M | $99.46 |
| Q1 2018 | +366,768 | Add 2.52% | 14.9 M | $91.27 |
| Q4 2017 | +1.15 M | Add 8.56% | 14.54 M | $85.54 |
| Q3 2017 | +5,247 | Add 0.04% | 13.39 M | $74.49 |
| Q2 2017 | +1.21 M | Add 9.95% | 13.38 M | $68.93 |
| Q1 2017 | -1.67 M | Reduce 12.06% | 12.17 M | $65.86 |
| Q4 2016 | -260,188 | Reduce 1.85% | 13.84 M | $62.14 |
| Q3 2016 | +1.1 M | Add 8.49% | 14.1 M | $57.60 |
| Q2 2016 | -131,137 | Reduce 1.00% | 13 M | $51.17 |
| Q1 2016 | +1.26 M | Add 10.65% | 13.13 M | $55.23 |
| Q4 2015 | -535,660 | Reduce 4.32% | 11.87 M | $55.48 |
| Q3 2015 | -438,013 | Reduce 3.41% | 12.4 M | $44.26 |
| Q2 2015 | -379,842 | Reduce 2.87% | 12.84 M | $44.15 |
| Q1 2015 | +3.86 M | Add 41.23% | 13.22 M | $40.66 |
| Q4 2014 | +2.94 M | Add 45.90% | 9.36 M | $46.45 |
| Q3 2014 | +148,413 | Add 2.37% | 6.42 M | $46.36 |
| Q2 2014 | -1.77 M | Reduce 22.03% | 6.27 M | $41.70 |
| Q1 2014 | -301,932 | Reduce 3.62% | 8.04 M | $40.99 |
| Q4 2013 | +1.16 M | Add 16.17% | 8.34 M | $37.43 |
| Q3 2013 | +1.11 M | Add 18.26% | 7.18 M | $33.31 |
| Q2 2013 | +6.07 M | Add 0.00% | 6.07 M | $34.53 |
| Q4 2012 | +5.02 M | Add 0.00% | 5.02 M | $26.73 |
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 53 quarters since Q4 2012.
Cliff Asness's largest addition to Microsoft Corporation (MSFT) was in Q2 2013, adding 6,070,369 shares worth $209.61 M.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 6,265,601 shares of Microsoft Corporation (MSFT), valued at approximately $3.03 B.
As of the Q4 2025 filing, Microsoft Corporation (MSFT) represents approximately 1.59% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in Microsoft Corporation (MSFT) was 20,422,350 shares, as reported at the end of Q3 2018.