Cliff Asness's NFLX Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 2.65 M shares of Netflix, Inc. (NFLX) worth $247.64 M, representing 0.13% 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 NFLX, representing a significant commitment to this investment thesis. Largest addition occurred in Q3 2017, adding 8.29 M shares. Largest reduction occurred in Q1 2018, reducing 6.88 M 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
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | -698,964 | Reduce 20.86% | 2.65 M | $93.41 |
| Q3 2025 | +596,990 | Add 21.68% | 3.35 M | $118.55 |
| Q2 2025 | -82,840 | Reduce 2.92% | 2.75 M | $133.34 |
| Q1 2025 | +212,670 | Add 8.11% | 2.84 M | $91.09 |
| Q4 2024 | +326,820 | Add 14.23% | 2.62 M | $89.13 |
| Q3 2024 | -113,030 | Reduce 4.69% | 2.3 M | $70.56 |
| Q2 2024 | -193,570 | Reduce 7.44% | 2.41 M | $67.49 |
| Q1 2024 | +1.52 M | Add 140.87% | 2.6 M | $60.73 |
| Q4 2023 | +56,420 | Add 5.51% | 1.08 M | $48.69 |
| Q3 2023 | -1.45 M | Reduce 58.60% | 1.02 M | $37.76 |
| Q2 2023 | +145,280 | Add 6.24% | 2.47 M | $43.86 |
| Q1 2023 | +1.27 M | Add 120.43% | 2.33 M | $34.08 |
| Q4 2022 | +211,360 | Add 25.01% | 1.06 M | $28.67 |
| Q3 2022 | -1.93 M | Reduce 69.56% | 845,230 | $23.54 |
| Q2 2022 | +1.73 M | Add 165.13% | 2.78 M | $17.09 |
| Q1 2022 | +88,850 | Add 9.27% | 1.05 M | $37.46 |
| Q4 2021 | -149,340 | Reduce 13.48% | 958,460 | $60.24 |
| Q3 2021 | -318,090 | Reduce 22.31% | 1.11 M | $61.03 |
| Q2 2021 | -640,550 | Reduce 31.00% | 1.43 M | $52.82 |
| Q1 2021 | +252,110 | Add 13.90% | 2.07 M | $52.02 |
| Q4 2020 | -11,160 | Reduce 0.61% | 1.81 M | $53.86 |
| Q3 2020 | -280,660 | Reduce 13.33% | 1.83 M | $49.60 |
| Q2 2020 | +1.72 M | Add 450.96% | 2.11 M | $45.36 |
| Q1 2020 | +61,990 | Add 19.35% | 382,270 | $37.55 |
| Q4 2019 | +16,190 | Add 5.32% | 320,280 | $32.27 |
| Q3 2019 | -228,100 | Reduce 42.86% | 304,090 | $26.64 |
| Q2 2019 | -409,030 | Reduce 43.46% | 532,190 | $36.73 |
| Q1 2019 | -2.95 M | Reduce 75.84% | 941,220 | $35.50 |
| Q4 2018 | -3.55 M | Reduce 47.65% | 3.9 M | $26.77 |
| Q3 2018 | -1.24 M | Reduce 14.29% | 7.44 M | $37.41 |
| Q2 2018 | +2.32 M | Add 36.38% | 8.68 M | $39.63 |
| Q1 2018 | -6.88 M | Reduce 51.94% | 6.37 M | $29.54 |
| Q4 2017 | +3.08 M | Add 30.32% | 13.25 M | $19.20 |
| Q3 2017 | +8.29 M | Add 441.50% | 10.16 M | $18.15 |
| Q2 2017 | +1.04 M | Add 124.00% | 1.88 M | $14.94 |
| Q1 2017 | +343,710 | Add 69.53% | 838,010 | $14.78 |
| Q4 2016 | +315,800 | Add 176.92% | 494,300 | $12.38 |
| Q3 2016 | -175,060 | Reduce 49.51% | 178,500 | $9.85 |
| Q2 2016 | -1.54 M | Reduce 81.28% | 353,560 | $9.15 |
| Q1 2016 | -2.67 M | Reduce 58.57% | 1.89 M | $10.22 |
| Q4 2015 | -97,210 | Reduce 2.09% | 4.56 M | $11.44 |
| Q3 2015 | +2.78 M | Add 147.69% | 4.66 M | $10.33 |
| Q2 2015 | +1.81 M | Add 2469.95% | 1.88 M | $9.38 |
| Q1 2015 | -427,000 | Reduce 85.37% | 73,150 | $5.95 |
| Q4 2014 | -2.27 M | Reduce 81.94% | 500,150 | $4.88 |
| Q3 2014 | +190,470 | Add 7.39% | 2.77 M | $6.45 |
| Q2 2014 | -3.26 M | Reduce 55.83% | 2.58 M | $6.29 |
| Q1 2014 | +224,700 | Add 4.00% | 5.84 M | $5.03 |
| Q4 2013 | +1.98 M | Add 54.51% | 5.61 M | $5.26 |
| Q3 2013 | +1.75 M | Add 92.98% | 3.63 M | $4.42 |
| Q2 2013 | +1.88 M | Add 0.00% | 1.88 M | $3.02 |
| Q4 2012 | +1.47 M | Add 0.00% | 1.47 M | $1.33 |
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 53 quarters since Q4 2012.
Cliff Asness's largest addition to Netflix, Inc. (NFLX) was in Q3 2017, adding 10,164,770 shares worth $184.49 M.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 2,651,146 shares of Netflix, Inc. (NFLX), valued at approximately $247.64 M.
As of the Q4 2025 filing, Netflix, Inc. (NFLX) represents approximately 0.13% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in Netflix, Inc. (NFLX) was 13,246,560 shares, as reported at the end of Q4 2017.