Cliff Asness's PTEN Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 2.1 M shares of Patterson-UTI Energy, Inc. (PTEN) worth $12.81 M, representing 0.01% 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 PTEN, representing a significant commitment to this investment thesis. Largest addition occurred in Q1 2019, adding 3.18 M shares. Largest reduction occurred in Q3 2020, reducing 2.2 M shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Patterson-UTI Energy (PTEN) Holding Value Over Time
Track share changes against reported price movement
Quarterly Patterson-UTI Energy (PTEN) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +865,606 | Add 70.37% | 2.1 M | $6.11 |
| Q3 2025 | -627,535 | Reduce 33.78% | 1.23 M | $5.18 |
| Q2 2025 | +433,097 | Add 30.40% | 1.86 M | $5.93 |
| Q1 2025 | +945,373 | Add 197.27% | 1.42 M | $8.22 |
| Q4 2024 | +122,190 | Add 34.22% | 479,216 | $8.26 |
| Q3 2024 | -121,379 | Reduce 25.37% | 357,026 | $7.65 |
| Q2 2024 | +285,790 | Add 148.37% | 478,405 | $10.36 |
| Q1 2024 | +128,661 | Add 201.18% | 192,615 | $11.94 |
| Q4 2023 | -365,981 | Reduce 85.12% | 63,954 | $10.80 |
| Q3 2023 | -115,271 | Reduce 21.14% | 429,935 | $13.84 |
| Q2 2023 | +162,700 | Add 42.54% | 545,206 | $11.97 |
| Q1 2023 | +283,848 | Add 287.71% | 382,506 | $11.70 |
| Q4 2022 | -17,002 | Reduce 14.70% | 98,658 | $16.84 |
| Q3 2022 | -81 | Reduce 0.07% | 115,660 | $11.68 |
| Q2 2022 | -54,956 | Reduce 32.20% | 115,741 | $15.76 |
| Q1 2022 | +47,868 | Add 38.97% | 170,697 | $15.48 |
| Q4 2021 | +106,446 | Add 649.73% | 122,829 | $8.45 |
| Q3 2021 | -28,585 | Reduce 63.57% | 16,383 | $8.97 |
| Q2 2021 | +16,224 | Add 56.44% | 44,968 | $9.94 |
| Q1 2021 | -226,709 | Reduce 88.75% | 28,744 | $7.13 |
| Q4 2020 | -1.23 M | Reduce 82.80% | 255,453 | $5.26 |
| Q3 2020 | -2.2 M | Reduce 59.69% | 1.49 M | $2.85 |
| Q2 2020 | -1.16 M | Reduce 23.93% | 3.69 M | $3.36 |
| Q1 2020 | -14,712 | Reduce 0.30% | 4.84 M | $2.31 |
| Q4 2019 | +240,944 | Add 5.22% | 4.86 M | $10.44 |
| Q3 2019 | -2.11 M | Reduce 31.36% | 4.62 M | $8.43 |
| Q2 2019 | +478,869 | Add 7.66% | 6.73 M | $11.51 |
| Q1 2019 | +3.18 M | Add 103.79% | 6.25 M | $14.02 |
| Q4 2018 | -821,183 | Reduce 21.12% | 3.07 M | $10.35 |
| Q3 2018 | +512,678 | Add 15.19% | 3.89 M | $17.11 |
| Q2 2018 | +2.25 M | Add 201.13% | 3.38 M | $18.00 |
| Q1 2018 | +737,361 | Add 192.30% | 1.12 M | $17.51 |
| Q4 2017 | -842,311 | Reduce 68.72% | 383,438 | $23.01 |
| Q3 2017 | +262,606 | Add 27.27% | 1.23 M | $20.94 |
| Q2 2017 | +517,969 | Add 116.35% | 963,143 | $20.19 |
| Q1 2017 | -749,594 | Reduce 62.74% | 445,174 | $24.27 |
| Q4 2016 | -27,188 | Reduce 2.22% | 1.19 M | $26.92 |
| Q3 2016 | -324,707 | Reduce 20.99% | 1.22 M | $22.37 |
| Q2 2016 | -136,870 | Reduce 8.13% | 1.55 M | $21.32 |
| Q1 2016 | +841,561 | Add 99.95% | 1.68 M | $17.62 |
| Q4 2015 | +841,972 | New Buy | 841,972 | $15.08 |
| Q3 2015 | -559,664 | Sold Out | 0 | $0.00 |
| Q2 2015 | -196,905 | Reduce 26.03% | 559,664 | $18.81 |
| Q1 2015 | -1.02 M | Reduce 57.45% | 756,569 | $18.78 |
| Q4 2014 | -65,366 | Reduce 3.55% | 1.78 M | $16.59 |
| Q3 2014 | +253,000 | Add 15.91% | 1.84 M | $32.53 |
| Q2 2014 | +577,100 | Add 56.94% | 1.59 M | $34.94 |
| Q1 2014 | -30,700 | Reduce 2.94% | 1.01 M | $31.68 |
| Q4 2013 | -89,000 | Reduce 7.85% | 1.04 M | $25.32 |
| Q3 2013 | -152,852 | Reduce 11.89% | 1.13 M | $21.38 |
| Q2 2013 | +1.29 M | Add 0.00% | 1.29 M | $19.36 |
| Q4 2012 | +702,766 | Add 0.00% | 702,766 | $18.63 |
Cliff Asness's Patterson-UTI Energy Investment FAQs
Cliff Asness first purchased Patterson-UTI Energy, Inc. (PTEN) in Q4 2012, acquiring 702,766 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 Patterson-UTI Energy, Inc. (PTEN) for 53 quarters since Q4 2012.
Cliff Asness's largest addition to Patterson-UTI Energy, Inc. (PTEN) was in Q1 2019, adding 6,249,197 shares worth $87.61 M.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 2,095,757 shares of Patterson-UTI Energy, Inc. (PTEN), valued at approximately $12.81 M.
As of the Q4 2025 filing, Patterson-UTI Energy, Inc. (PTEN) represents approximately 0.01% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in Patterson-UTI Energy, Inc. (PTEN) was 6,728,066 shares, as reported at the end of Q2 2019.