Cliff Asness's PPG Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 753,391 shares of PPG Industries, Inc. (PPG) worth $78.96 M, representing 0.05% 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 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
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2012 | +823,806 | Add 0.00% | 823,804 | $67.68 |
| Q2 2013 | +994,760 | Add 0.00% | 994,758 | $73.20 |
| Q3 2013 | +46,472 | Add 4.67% | 1.04 M | $83.53 |
| Q4 2013 | +166,426 | Add 15.98% | 1.21 M | $94.83 |
| Q1 2014 | -21,346 | Reduce 1.77% | 1.19 M | $96.73 |
| Q2 2014 | +102,400 | Add 8.63% | 1.29 M | $105.07 |
| Q3 2014 | +98,978 | Add 7.68% | 1.39 M | $98.37 |
| Q4 2014 | +205,856 | Add 14.83% | 1.59 M | $115.57 |
| Q1 2015 | -1,600 | Reduce 0.10% | 1.59 M | $112.77 |
| Q2 2015 | -858,689 | Reduce 53.94% | 733,255 | $114.72 |
| Q3 2015 | -31,081 | Reduce 4.24% | 702,174 | $87.69 |
| Q4 2015 | -131,140 | Reduce 18.68% | 571,034 | $98.82 |
| Q1 2016 | -117,616 | Reduce 20.60% | 453,418 | $111.49 |
| Q2 2016 | -10,090 | Reduce 2.23% | 443,328 | $104.15 |
| Q3 2016 | +3,642 | Add 0.82% | 446,970 | $103.36 |
| Q4 2016 | +34,941 | Add 7.82% | 481,911 | $94.76 |
| Q1 2017 | -278,348 | Reduce 57.76% | 203,563 | $105.08 |
| Q2 2017 | -85,715 | Reduce 42.11% | 117,848 | $109.96 |
| Q3 2017 | -42,346 | Reduce 35.93% | 75,502 | $108.66 |
| Q4 2017 | +34,649 | Add 45.89% | 110,151 | $116.82 |
| Q1 2018 | +20,596 | Add 18.70% | 130,747 | $111.60 |
| Q2 2018 | -31,569 | Reduce 24.15% | 99,178 | $103.73 |
| Q3 2018 | -6,341 | Reduce 6.39% | 92,837 | $109.13 |
| Q4 2018 | -26,494 | Reduce 28.54% | 66,343 | $102.23 |
| Q1 2019 | -4,527 | Reduce 6.82% | 61,816 | $112.40 |
| Q2 2019 | +118,236 | Add 191.27% | 180,052 | $115.81 |
| Q3 2019 | +67,677 | Add 37.59% | 247,729 | $117.93 |
| Q4 2019 | +30,511 | Add 12.32% | 278,240 | $133.49 |
| Q1 2020 | +40,449 | Add 14.54% | 318,689 | $83.60 |
| Q2 2020 | +100,580 | Add 31.56% | 419,269 | $104.84 |
| Q3 2020 | -114,796 | Reduce 27.38% | 304,473 | $122.08 |
| Q4 2020 | -45,220 | Reduce 14.85% | 259,253 | $142.42 |
| Q1 2021 | -14,781 | Reduce 5.70% | 244,472 | $150.26 |
| Q2 2021 | -12,671 | Reduce 5.18% | 231,801 | $168.79 |
| Q3 2021 | +48,149 | Add 20.77% | 279,950 | $143.01 |
| Q4 2021 | -63,645 | Reduce 22.73% | 216,305 | $171.63 |
| Q1 2022 | -15,908 | Reduce 7.35% | 200,397 | $131.07 |
| Q2 2022 | -41,001 | Reduce 20.46% | 159,396 | $114.17 |
| Q3 2022 | -47,990 | Reduce 30.11% | 111,406 | $110.69 |
| Q4 2022 | -84,913 | Reduce 76.22% | 26,493 | $124.69 |
| Q1 2023 | -10,548 | Reduce 39.81% | 15,945 | $131.35 |
| Q2 2023 | +86,062 | Add 539.74% | 102,007 | $146.73 |
| Q3 2023 | +114,901 | Add 112.64% | 216,908 | $129.80 |
| Q4 2023 | +289,127 | Add 133.29% | 506,035 | $149.55 |
| Q1 2024 | +146,426 | Add 28.94% | 652,461 | $144.89 |
| Q2 2024 | +122,410 | Add 18.76% | 774,871 | $124.95 |
| Q3 2024 | -303,390 | Reduce 39.15% | 471,481 | $132.46 |
| Q4 2024 | +45,515 | Add 9.65% | 516,996 | $119.45 |
| Q1 2025 | -399,842 | Reduce 77.34% | 117,154 | $106.93 |
| Q2 2025 | +530,732 | Add 453.02% | 647,886 | $113.65 |
| Q3 2025 | +105,505 | Add 16.28% | 753,391 | $104.80 |
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 52 quarters since Q4 2012. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness's largest addition to PPG Industries, Inc. (PPG) was in Q2 2013, adding 994,758 shares worth $72.82 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 753,391 shares of PPG Industries, Inc. (PPG), valued at approximately $78.96 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, PPG Industries, Inc. (PPG) represents approximately 0.05% 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 PPG Industries, Inc. (PPG) was 1,593,544 shares, as reported at the end of Q4 2014. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.