Cliff Asness's RCL Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 88,124 shares of Royal Caribbean Cruises Ltd. (RCL) worth $24.58 M, representing 0.01% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 50 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in RCL, representing a significant commitment to this investment thesis. Largest addition occurred in Q4 2017, adding 1.18 M shares. Largest reduction occurred in Q2 2018, reducing 1.72 M shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Royal Caribbean Cruises (RCL) Holding Value Over Time
Track share changes against reported price movement
Quarterly Royal Caribbean Cruises (RCL) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +9,386 | Add 11.92% | 88,124 | $278.92 |
| Q3 2025 | +17,285 | Add 28.13% | 78,738 | $323.58 |
| Q2 2025 | -14,811 | Reduce 19.42% | 61,453 | $310.76 |
| Q1 2025 | +7,964 | Add 11.66% | 76,264 | $199.31 |
| Q4 2024 | -39,544 | Reduce 36.67% | 68,300 | $230.69 |
| Q3 2024 | +36,214 | Add 50.56% | 107,844 | $174.93 |
| Q2 2024 | -116,631 | Reduce 61.95% | 71,630 | $159.43 |
| Q1 2024 | -9,131 | Reduce 4.63% | 188,261 | $138.66 |
| Q4 2023 | +89,214 | Add 82.47% | 197,392 | $129.49 |
| Q3 2023 | -320,200 | Reduce 74.75% | 108,178 | $92.14 |
| Q2 2023 | +132,261 | Add 44.67% | 428,378 | $103.74 |
| Q1 2023 | +239,407 | Add 422.16% | 296,117 | $65.30 |
| Q4 2022 | -58,349 | Reduce 50.71% | 56,710 | $49.38 |
| Q3 2022 | +115,059 | New Buy | 115,059 | $37.90 |
| Q2 2022 | -96,282 | Sold Out | 0 | $0.00 |
| Q1 2022 | +96,282 | New Buy | 96,282 | $83.17 |
| Q3 2021 | -145,832 | Sold Out | 0 | $0.00 |
| Q2 2021 | +140,551 | Add 2661.45% | 145,832 | $84.50 |
| Q1 2021 | -3,387 | Reduce 39.07% | 5,281 | $85.59 |
| Q4 2020 | +31 | Add 0.36% | 8,668 | $71.99 |
| Q3 2020 | -136,979 | Reduce 94.07% | 8,637 | $64.72 |
| Q2 2020 | +52,445 | Add 56.29% | 145,616 | $48.56 |
| Q1 2020 | -238,594 | Reduce 71.92% | 93,171 | $32.17 |
| Q4 2019 | +152,457 | Add 85.03% | 331,765 | $133.28 |
| Q3 2019 | -55,119 | Reduce 23.51% | 179,308 | $108.33 |
| Q2 2019 | -16,644 | Reduce 6.63% | 234,427 | $121.21 |
| Q1 2019 | +18,301 | Add 7.86% | 251,071 | $114.62 |
| Q4 2018 | +207,422 | Add 818.30% | 232,770 | $97.79 |
| Q3 2018 | -1.06 M | Reduce 97.67% | 25,348 | $129.95 |
| Q2 2018 | -1.72 M | Reduce 61.20% | 1.09 M | $104.79 |
| Q1 2018 | +367,558 | Add 15.07% | 2.81 M | $117.74 |
| Q4 2017 | +1.18 M | Add 94.25% | 2.44 M | $119.28 |
| Q3 2017 | +802,857 | Add 177.23% | 1.26 M | $118.54 |
| Q2 2017 | -119,661 | Reduce 20.90% | 453,014 | $109.23 |
| Q1 2017 | +81,728 | Add 16.65% | 572,675 | $98.11 |
| Q4 2016 | -50,835 | Reduce 9.38% | 490,947 | $82.04 |
| Q3 2016 | -180,644 | Reduce 25.01% | 541,782 | $74.95 |
| Q2 2016 | +16,524 | Add 2.34% | 722,426 | $67.15 |
| Q1 2016 | -194,857 | Reduce 21.63% | 705,902 | $82.15 |
| Q4 2015 | -249,658 | Reduce 21.70% | 900,759 | $101.21 |
| Q3 2015 | -115,371 | Reduce 9.11% | 1.15 M | $89.09 |
| Q2 2015 | +181,732 | Add 16.76% | 1.27 M | $78.69 |
| Q1 2015 | +219,256 | Add 25.35% | 1.08 M | $81.85 |
| Q4 2014 | +864,800 | New Buy | 864,800 | $82.43 |
| Q1 2014 | -78,500 | Sold Out | 0 | $0.00 |
| Q4 2013 | +21,288 | Add 37.21% | 78,500 | $47.41 |
| Q3 2013 | +46,312 | Add 424.88% | 57,212 | $38.28 |
| Q2 2013 | +10,900 | Add 0.00% | 10,900 | $33.30 |
| Q4 2012 | +52,700 | Add 0.00% | 52,700 | $34.00 |
Cliff Asness's Royal Caribbean Cruises Investment FAQs
Cliff Asness first purchased Royal Caribbean Cruises Ltd. (RCL) in Q4 2012, acquiring 52,700 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 Royal Caribbean Cruises Ltd. (RCL) for 50 quarters since Q4 2012.
Cliff Asness's largest addition to Royal Caribbean Cruises Ltd. (RCL) was in Q4 2017, adding 2,439,554 shares worth $290.99 M.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 88,124 shares of Royal Caribbean Cruises Ltd. (RCL), valued at approximately $24.58 M.
As of the Q4 2025 filing, Royal Caribbean Cruises Ltd. (RCL) 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 Royal Caribbean Cruises Ltd. (RCL) was 2,807,112 shares, as reported at the end of Q1 2018.