Cliff Asness's NFLX Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 3.4M shares of Netflix, Inc. (NFLX) worth $397.17 M, representing 0.25% 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 NFLX, representing a significant commitment to this investment thesis. Largest addition occurred in Q3 2017, adding 8.3M shares. Largest reduction occurred in Q1 2018, reducing 6.9M shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Netflix (NFLX) Holding Value Over Time
Track share changes against reported price movement
Quarterly Netflix (NFLX) Trades by Cliff Asness
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2012 | +1.47 M | Add 0.00% | 1.47 M | $1.33 |
| Q2 2013 | +1.88 M | Add 0.00% | 1.88 M | $3.02 |
| Q3 2013 | +1.75 M | Add 92.98% | 3.63 M | $4.42 |
| Q4 2013 | +1.98 M | Add 54.51% | 5.61 M | $5.26 |
| Q1 2014 | +224,700 | Add 4.00% | 5.84 M | $5.03 |
| Q2 2014 | -3.26 M | Reduce 55.83% | 2.58 M | $6.29 |
| Q3 2014 | +190,470 | Add 7.39% | 2.77 M | $6.45 |
| Q4 2014 | -2.27 M | Reduce 81.94% | 500,150 | $4.88 |
| Q1 2015 | -427,000 | Reduce 85.37% | 73,150 | $5.95 |
| Q2 2015 | +1.81 M | Add 2469.95% | 1.88 M | $9.38 |
| Q3 2015 | +2.78 M | Add 147.69% | 4.66 M | $10.33 |
| Q4 2015 | -97,210 | Reduce 2.09% | 4.56 M | $11.44 |
| Q1 2016 | -2.67 M | Reduce 58.57% | 1.89 M | $10.22 |
| Q2 2016 | -1.54 M | Reduce 81.28% | 353,560 | $9.15 |
| Q3 2016 | -175,060 | Reduce 49.51% | 178,500 | $9.85 |
| Q4 2016 | +315,800 | Add 176.92% | 494,300 | $12.38 |
| Q1 2017 | +343,710 | Add 69.53% | 838,010 | $14.78 |
| Q2 2017 | +1.04 M | Add 124.00% | 1.88 M | $14.94 |
| Q3 2017 | +8.29 M | Add 441.50% | 10.16 M | $18.15 |
| Q4 2017 | +3.08 M | Add 30.32% | 13.25 M | $19.20 |
| Q1 2018 | -6.88 M | Reduce 51.94% | 6.37 M | $29.54 |
| Q2 2018 | +2.32 M | Add 36.38% | 8.68 M | $39.63 |
| Q3 2018 | -1.24 M | Reduce 14.29% | 7.44 M | $37.41 |
| Q4 2018 | -3.55 M | Reduce 47.65% | 3.9 M | $26.77 |
| Q1 2019 | -2.95 M | Reduce 75.84% | 941,220 | $35.50 |
| Q2 2019 | -409,030 | Reduce 43.46% | 532,190 | $36.73 |
| Q3 2019 | -228,100 | Reduce 42.86% | 304,090 | $26.64 |
| Q4 2019 | +16,190 | Add 5.32% | 320,280 | $32.27 |
| Q1 2020 | +61,990 | Add 19.35% | 382,270 | $37.55 |
| Q2 2020 | +1.72 M | Add 450.96% | 2.11 M | $45.36 |
| Q3 2020 | -280,660 | Reduce 13.33% | 1.83 M | $49.60 |
| Q4 2020 | -11,160 | Reduce 0.61% | 1.81 M | $53.86 |
| Q1 2021 | +252,110 | Add 13.90% | 2.07 M | $52.02 |
| Q2 2021 | -640,550 | Reduce 31.00% | 1.43 M | $52.82 |
| Q3 2021 | -318,090 | Reduce 22.31% | 1.11 M | $61.03 |
| Q4 2021 | -149,340 | Reduce 13.48% | 958,460 | $60.24 |
| Q1 2022 | +88,850 | Add 9.27% | 1.05 M | $37.46 |
| Q2 2022 | +1.73 M | Add 165.13% | 2.78 M | $17.09 |
| Q3 2022 | -1.93 M | Reduce 69.56% | 845,230 | $23.54 |
| Q4 2022 | +211,360 | Add 25.01% | 1.06 M | $28.67 |
| Q1 2023 | +1.27 M | Add 120.43% | 2.33 M | $34.08 |
| Q2 2023 | +145,280 | Add 6.24% | 2.47 M | $43.86 |
| Q3 2023 | -1.45 M | Reduce 58.60% | 1.02 M | $37.76 |
| Q4 2023 | +56,420 | Add 5.51% | 1.08 M | $48.69 |
| Q1 2024 | +1.52 M | Add 140.87% | 2.6 M | $60.73 |
| Q2 2024 | -193,570 | Reduce 7.44% | 2.41 M | $67.49 |
| Q3 2024 | -113,030 | Reduce 4.69% | 2.3 M | $70.56 |
| Q4 2024 | +326,820 | Add 14.23% | 2.62 M | $89.13 |
| Q1 2025 | +212,670 | Add 8.11% | 2.84 M | $91.09 |
| Q2 2025 | -82,840 | Reduce 2.92% | 2.75 M | $133.34 |
| Q3 2025 | +596,990 | Add 21.68% | 3.35 M | $118.55 |
Cliff Asness's Netflix Investment FAQs
Cliff Asness first purchased Netflix, Inc. (NFLX) in Q4 2012, acquiring 1,470,000 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 Netflix, Inc. (NFLX) 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 Netflix, Inc. (NFLX) was in Q3 2017, adding 10,164,770 shares worth $184.49 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 3,350,110 shares of Netflix, Inc. (NFLX), valued at approximately $397.17 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, Netflix, Inc. (NFLX) represents approximately 0.25% 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 Netflix, Inc. (NFLX) was 13,246,560 shares, as reported at the end of Q4 2017. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.