Cliff Asness's SBH Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 318,806 shares of Sally Beauty Holdings, Inc. (SBH) worth $4.39 M, representing 0.00% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 51 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in SBH, representing a significant commitment to this investment thesis. Largest addition occurred in Q2 2020, adding 1.56 M shares. Largest reduction occurred in Q4 2020, reducing 2.85 M shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Sally Beauty Holdings (SBH) Holding Value Over Time
Track share changes against reported price movement
Quarterly Sally Beauty Holdings (SBH) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q1 2026 | +5,897 | Add 1.88% | 318,806 | $13.78 |
| Q4 2025 | -32,166 | Reduce 9.32% | 312,909 | $14.26 |
| Q3 2025 | -77,019 | Reduce 18.25% | 345,075 | $16.28 |
| Q2 2025 | -54,872 | Reduce 11.50% | 422,094 | $9.06 |
| Q1 2025 | +166,637 | Add 53.70% | 476,966 | $8.78 |
| Q4 2024 | +180 | Add 0.06% | 310,329 | $10.21 |
| Q3 2024 | -71,666 | Reduce 18.77% | 310,149 | $13.45 |
| Q2 2024 | -57,070 | Reduce 13.00% | 381,815 | $10.69 |
| Q1 2024 | -267,626 | Reduce 37.88% | 438,885 | $12.31 |
| Q4 2023 | -11,829 | Reduce 1.65% | 706,511 | $13.28 |
| Q3 2023 | +476,303 | Add 196.79% | 718,340 | $8.38 |
| Q2 2023 | +37,955 | Add 18.60% | 242,037 | $12.18 |
| Q1 2023 | -3,935 | Reduce 1.89% | 204,082 | $15.37 |
| Q4 2022 | +159,655 | Add 330.12% | 208,017 | $12.52 |
| Q3 2022 | +16,786 | Add 53.16% | 48,362 | $12.59 |
| Q2 2022 | +91 | Add 0.29% | 31,576 | $11.40 |
| Q1 2022 | -9,828 | Reduce 23.79% | 31,485 | $15.53 |
| Q4 2021 | -44,217 | Reduce 51.70% | 41,313 | $18.47 |
| Q3 2021 | +532 | Add 0.63% | 85,530 | $16.85 |
| Q2 2021 | -48,120 | Reduce 36.15% | 84,998 | $21.89 |
| Q1 2021 | -1.34 M | Reduce 90.96% | 133,118 | $20.13 |
| Q4 2020 | -2.85 M | Reduce 65.89% | 1.47 M | $12.76 |
| Q3 2020 | +635,178 | Add 17.24% | 4.32 M | $8.69 |
| Q2 2020 | +1.56 M | Add 73.84% | 3.68 M | $12.37 |
| Q1 2020 | -309,504 | Reduce 12.75% | 2.12 M | $8.08 |
| Q4 2019 | -569,774 | Reduce 19.00% | 2.43 M | $18.25 |
| Q3 2019 | +822,295 | Add 37.79% | 3 M | $14.89 |
| Q2 2019 | +135,168 | Add 6.62% | 2.18 M | $12.96 |
| Q1 2019 | +529,039 | Add 35.00% | 2.04 M | $18.31 |
| Q4 2018 | +1.24 M | Add 448.38% | 1.51 M | $17.05 |
| Q3 2018 | -61,201 | Reduce 18.17% | 275,634 | $18.39 |
| Q2 2018 | +291,035 | Add 635.45% | 336,835 | $16.03 |
| Q1 2018 | +45,800 | New Buy | 45,800 | $16.44 |
| Q1 2017 | -8,073 | Sold Out | 0 | $0.00 |
| Q4 2016 | -54,109 | Reduce 87.02% | 8,073 | $26.38 |
| Q3 2016 | -2,093 | Reduce 3.26% | 62,182 | $25.68 |
| Q2 2016 | -31,415 | Reduce 32.83% | 64,275 | $29.40 |
| Q1 2016 | -503,004 | Reduce 84.02% | 95,690 | $32.38 |
| Q4 2015 | +399,178 | Add 200.07% | 598,694 | $27.89 |
| Q3 2015 | +77,906 | Add 64.06% | 199,516 | $23.75 |
| Q2 2015 | +55,782 | Add 84.74% | 121,610 | $31.58 |
| Q1 2015 | +30,781 | Add 87.83% | 65,828 | $34.38 |
| Q4 2014 | +11,900 | Add 51.41% | 35,047 | $30.73 |
| Q3 2014 | -63,400 | Reduce 73.25% | 23,147 | $27.39 |
| Q2 2014 | +35,900 | Add 70.88% | 86,547 | $25.08 |
| Q1 2014 | -72,800 | Reduce 58.97% | 50,647 | $27.41 |
| Q4 2013 | -183,695 | Reduce 59.81% | 123,447 | $30.23 |
| Q3 2013 | -75,705 | Reduce 19.77% | 307,142 | $26.16 |
| Q2 2013 | +382,847 | Add 0.00% | 382,847 | $31.10 |
| Q4 2012 | +413,547 | Add 0.00% | 413,547 | $23.57 |
Cliff Asness's Sally Beauty Holdings Investment FAQs
Cliff Asness first purchased Sally Beauty Holdings, Inc. (SBH) in Q4 2012, acquiring 413,547 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 Sally Beauty Holdings, Inc. (SBH) for 51 quarters since Q4 2012.
Cliff Asness's largest addition to Sally Beauty Holdings, Inc. (SBH) was in Q2 2020, adding 3,683,311 shares worth $45.56 M.
According to the latest 13F filing for Q1 2026, Cliff Asness's firm, Aqr Capital Management LLC, owns 318,806 shares of Sally Beauty Holdings, Inc. (SBH), valued at approximately $4.39 M.
As of the Q1 2026 filing, Sally Beauty Holdings, Inc. (SBH) represents approximately 0.00% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in Sally Beauty Holdings, Inc. (SBH) was 4,318,489 shares, as reported at the end of Q3 2020.