Cliff Asness's SAN Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 1.04 M shares of Banco Santander, S.A. (SAN) worth $10.89 M, representing 0.01% of the portfolio. First purchased in 2014-Q4, this long-term strategic position has been held for 44 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in SAN, representing a significant commitment to this investment thesis. Largest addition occurred in Q3 2025, adding 372,778 shares. Largest reduction occurred in Q1 2024, reducing 138,645 shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Banco Santander (SAN) Holding Value Over Time
Track share changes against reported price movement
Quarterly Banco Santander (SAN) Trades by Cliff Asness
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2014 | +268,891 | New Buy | 268,891 | $8.33 |
| Q1 2015 | -268,891 | Sold Out | 268,891 | $0.00 |
| Q1 2024 | +130,246 | New Buy | 130,246 | $4.84 |
| Q2 2024 | +35,026 | Add 26.89% | 165,272 | $4.63 |
| Q3 2024 | +37,562 | Add 22.73% | 202,834 | $5.10 |
| Q4 2024 | +33,750 | Add 16.64% | 236,584 | $4.56 |
| Q1 2025 | +183,051 | Add 77.37% | 419,635 | $6.70 |
| Q2 2025 | +246,337 | Add 58.70% | 665,972 | $8.30 |
| Q3 2025 | +372,778 | Add 55.98% | 1.04 M | $10.48 |
Cliff Asness's Banco Santander Investment FAQs
Cliff Asness first purchased Banco Santander, S.A. (SAN) in Q4 2014, acquiring 268,891 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 Banco Santander, S.A. (SAN) for 44 quarters since Q4 2014. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness's largest addition to Banco Santander, S.A. (SAN) was in Q3 2025, adding 1,038,750 shares worth $10.89 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 1,038,750 shares of Banco Santander, S.A. (SAN), valued at approximately $10.89 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, Banco Santander, S.A. (SAN) represents approximately 0.01% 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 Banco Santander, S.A. (SAN) was 1,038,750 shares, as reported at the end of Q3 2025. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.