Cliff Asness's PHM Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 354,746 shares of PulteGroup, Inc. (PHM) worth $41.6 M, representing 0.02% 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 PHM, representing a significant commitment to this investment thesis. Largest addition occurred in Q2 2017, adding 3.65 M shares. Largest reduction occurred in Q1 2020, reducing 3.99 M shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's PulteGroup (PHM) Holding Value Over Time
Track share changes against reported price movement
Quarterly PulteGroup (PHM) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +55,097 | Add 18.39% | 354,746 | $117.26 |
| Q3 2025 | +2,977 | Add 1.00% | 299,649 | $132.13 |
| Q2 2025 | -186,971 | Reduce 38.66% | 296,672 | $105.26 |
| Q1 2025 | -975,654 | Reduce 66.86% | 483,643 | $100.76 |
| Q4 2024 | +127,283 | Add 9.56% | 1.46 M | $108.90 |
| Q3 2024 | -726,213 | Reduce 35.28% | 1.33 M | $141.91 |
| Q2 2024 | -1.09 M | Reduce 34.69% | 2.06 M | $110.10 |
| Q1 2024 | -527,728 | Reduce 14.34% | 3.15 M | $120.29 |
| Q4 2023 | -450,296 | Reduce 10.90% | 3.68 M | $103.22 |
| Q3 2023 | -5,159 | Reduce 0.12% | 4.13 M | $74.05 |
| Q2 2023 | +985,917 | Add 31.31% | 4.13 M | $77.28 |
| Q1 2023 | +309,185 | Add 10.89% | 3.15 M | $57.48 |
| Q4 2022 | -881,106 | Reduce 23.68% | 2.84 M | $45.35 |
| Q3 2022 | -59,228 | Reduce 1.57% | 3.72 M | $37.50 |
| Q2 2022 | +1.97 M | Add 109.14% | 3.78 M | $38.97 |
| Q1 2022 | +70,738 | Add 4.07% | 1.81 M | $41.90 |
| Q4 2021 | -1.39 M | Reduce 44.38% | 1.74 M | $56.56 |
| Q3 2021 | -153,879 | Reduce 4.70% | 3.12 M | $45.92 |
| Q2 2021 | +208,601 | Add 6.80% | 3.28 M | $54.57 |
| Q1 2021 | -778,242 | Reduce 20.24% | 3.07 M | $52.44 |
| Q4 2020 | -530,317 | Reduce 12.12% | 3.85 M | $43.12 |
| Q3 2020 | -431,570 | Reduce 8.98% | 4.38 M | $46.25 |
| Q2 2020 | +98,208 | Add 2.09% | 4.81 M | $33.39 |
| Q1 2020 | -3.99 M | Reduce 45.87% | 4.71 M | $22.32 |
| Q4 2019 | -411,243 | Reduce 4.51% | 8.7 M | $38.80 |
| Q3 2019 | +705,870 | Add 8.40% | 9.11 M | $36.19 |
| Q2 2019 | +990,999 | Add 13.37% | 8.41 M | $31.62 |
| Q1 2019 | +3.24 M | Add 77.59% | 7.41 M | $27.96 |
| Q4 2018 | +1.36 M | Add 48.38% | 4.18 M | $25.99 |
| Q3 2018 | -2.58 M | Reduce 47.86% | 2.81 M | $24.77 |
| Q2 2018 | +1.79 M | Add 49.49% | 5.4 M | $28.78 |
| Q1 2018 | -372,831 | Reduce 9.36% | 3.61 M | $29.49 |
| Q4 2017 | -1.76 M | Reduce 30.69% | 3.98 M | $33.25 |
| Q3 2017 | +1.07 M | Add 22.91% | 5.75 M | $27.33 |
| Q2 2017 | +3.65 M | Add 354.12% | 4.68 M | $24.53 |
| Q1 2017 | +626,019 | Add 155.16% | 1.03 M | $23.55 |
| Q4 2016 | +383,000 | Add 1872.04% | 403,459 | $18.38 |
| Q3 2016 | +20,459 | New Buy | 20,459 | $20.04 |
| Q1 2016 | -2.31 M | Sold Out | 0 | $0.00 |
| Q4 2015 | +615,983 | Add 36.28% | 2.31 M | $17.82 |
| Q3 2015 | -1.89 M | Reduce 52.71% | 1.7 M | $18.87 |
| Q2 2015 | +228,451 | Add 6.79% | 3.59 M | $20.15 |
| Q1 2015 | -192,700 | Reduce 5.42% | 3.36 M | $22.23 |
| Q4 2014 | +265,622 | Add 8.08% | 3.55 M | $21.46 |
| Q3 2014 | +646,216 | Add 24.45% | 3.29 M | $17.66 |
| Q2 2014 | +340,877 | Add 14.81% | 2.64 M | $20.16 |
| Q1 2014 | -141,600 | Reduce 5.79% | 2.3 M | $19.19 |
| Q4 2013 | +222,655 | Add 10.02% | 2.44 M | $20.37 |
| Q3 2013 | -142,728 | Reduce 6.04% | 2.22 M | $16.50 |
| Q2 2013 | +2.36 M | Add 0.00% | 2.36 M | $18.97 |
| Q4 2012 | +1.56 M | Add 0.00% | 1.56 M | $18.16 |
Cliff Asness's PulteGroup Investment FAQs
Cliff Asness first purchased PulteGroup, Inc. (PHM) in Q4 2012, acquiring 1,561,850 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 PulteGroup, Inc. (PHM) for 52 quarters since Q4 2012.
Cliff Asness's largest addition to PulteGroup, Inc. (PHM) was in Q2 2017, adding 4,675,116 shares worth $114.68 M.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 354,746 shares of PulteGroup, Inc. (PHM), valued at approximately $41.6 M.
As of the Q4 2025 filing, PulteGroup, Inc. (PHM) represents approximately 0.02% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in PulteGroup, Inc. (PHM) was 9,111,421 shares, as reported at the end of Q3 2019.