Cliff Asness's PPG Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 357,232 shares of PPG Industries, Inc. (PPG) worth $36.6 M, representing 0.02% 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 PPG, representing a significant commitment to this investment thesis. Largest addition occurred in Q2 2025, adding 530,732 shares. Largest reduction occurred in Q2 2015, reducing 858,689 shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's PPG Industries (PPG) Holding Value Over Time
Track share changes against reported price movement
Quarterly PPG Industries (PPG) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | -396,159 | Reduce 52.58% | 357,232 | $102.46 |
| Q3 2025 | +105,505 | Add 16.28% | 753,391 | $104.80 |
| Q2 2025 | +530,732 | Add 453.02% | 647,886 | $113.65 |
| Q1 2025 | -399,842 | Reduce 77.34% | 117,154 | $106.93 |
| Q4 2024 | +45,515 | Add 9.65% | 516,996 | $119.45 |
| Q3 2024 | -303,390 | Reduce 39.15% | 471,481 | $132.46 |
| Q2 2024 | +122,410 | Add 18.76% | 774,871 | $124.95 |
| Q1 2024 | +146,426 | Add 28.94% | 652,461 | $144.89 |
| Q4 2023 | +289,127 | Add 133.29% | 506,035 | $149.55 |
| Q3 2023 | +114,901 | Add 112.64% | 216,908 | $129.80 |
| Q2 2023 | +86,062 | Add 539.74% | 102,007 | $146.73 |
| Q1 2023 | -10,548 | Reduce 39.81% | 15,945 | $131.35 |
| Q4 2022 | -84,913 | Reduce 76.22% | 26,493 | $124.69 |
| Q3 2022 | -47,990 | Reduce 30.11% | 111,406 | $110.69 |
| Q2 2022 | -41,001 | Reduce 20.46% | 159,396 | $114.17 |
| Q1 2022 | -15,908 | Reduce 7.35% | 200,397 | $131.07 |
| Q4 2021 | -63,645 | Reduce 22.73% | 216,305 | $171.63 |
| Q3 2021 | +48,149 | Add 20.77% | 279,950 | $143.01 |
| Q2 2021 | -12,671 | Reduce 5.18% | 231,801 | $168.79 |
| Q1 2021 | -14,781 | Reduce 5.70% | 244,472 | $150.26 |
| Q4 2020 | -45,220 | Reduce 14.85% | 259,253 | $142.42 |
| Q3 2020 | -114,796 | Reduce 27.38% | 304,473 | $122.08 |
| Q2 2020 | +100,580 | Add 31.56% | 419,269 | $104.84 |
| Q1 2020 | +40,449 | Add 14.54% | 318,689 | $83.60 |
| Q4 2019 | +30,511 | Add 12.32% | 278,240 | $133.49 |
| Q3 2019 | +67,677 | Add 37.59% | 247,729 | $117.93 |
| Q2 2019 | +118,236 | Add 191.27% | 180,052 | $115.81 |
| Q1 2019 | -4,527 | Reduce 6.82% | 61,816 | $112.40 |
| Q4 2018 | -26,494 | Reduce 28.54% | 66,343 | $102.23 |
| Q3 2018 | -6,341 | Reduce 6.39% | 92,837 | $109.13 |
| Q2 2018 | -31,569 | Reduce 24.15% | 99,178 | $103.73 |
| Q1 2018 | +20,596 | Add 18.70% | 130,747 | $111.60 |
| Q4 2017 | +34,649 | Add 45.89% | 110,151 | $116.82 |
| Q3 2017 | -42,346 | Reduce 35.93% | 75,502 | $108.66 |
| Q2 2017 | -85,715 | Reduce 42.11% | 117,848 | $109.96 |
| Q1 2017 | -278,348 | Reduce 57.76% | 203,563 | $105.08 |
| Q4 2016 | +34,941 | Add 7.82% | 481,911 | $94.76 |
| Q3 2016 | +3,642 | Add 0.82% | 446,970 | $103.36 |
| Q2 2016 | -10,090 | Reduce 2.23% | 443,328 | $104.15 |
| Q1 2016 | -117,616 | Reduce 20.60% | 453,418 | $111.49 |
| Q4 2015 | -131,140 | Reduce 18.68% | 571,034 | $98.82 |
| Q3 2015 | -31,081 | Reduce 4.24% | 702,174 | $87.69 |
| Q2 2015 | -858,689 | Reduce 53.94% | 733,255 | $114.72 |
| Q1 2015 | -1,600 | Reduce 0.10% | 1.59 M | $112.77 |
| Q4 2014 | +205,856 | Add 14.83% | 1.59 M | $115.57 |
| Q3 2014 | +98,978 | Add 7.68% | 1.39 M | $98.37 |
| Q2 2014 | +102,400 | Add 8.63% | 1.29 M | $105.07 |
| Q1 2014 | -21,346 | Reduce 1.77% | 1.19 M | $96.73 |
| Q4 2013 | +166,426 | Add 15.98% | 1.21 M | $94.83 |
| Q3 2013 | +46,472 | Add 4.67% | 1.04 M | $83.53 |
| Q2 2013 | +994,758 | Add 0.00% | 994,758 | $73.20 |
| Q4 2012 | +823,804 | Add 0.00% | 823,804 | $67.68 |
Cliff Asness's PPG Industries Investment FAQs
Cliff Asness first purchased PPG Industries, Inc. (PPG) in Q4 2012, acquiring 823,804 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 PPG Industries, Inc. (PPG) for 53 quarters since Q4 2012.
Cliff Asness's largest addition to PPG Industries, Inc. (PPG) was in Q2 2013, adding 994,758 shares worth $72.82 M.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 357,232 shares of PPG Industries, Inc. (PPG), valued at approximately $36.6 M.
As of the Q4 2025 filing, PPG Industries, Inc. (PPG) 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 PPG Industries, Inc. (PPG) was 1,593,544 shares, as reported at the end of Q4 2014.