Cliff Asness's SBS Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 165,185 shares of Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS) worth $1.01 M, representing 0.00% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 54 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in SBS, representing a significant commitment to this investment thesis. Largest addition occurred in Q4 2018, adding 30.76 M shares. Largest reduction occurred in Q1 2018, reducing 16.8 M shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS) Holding Value Over Time
Track share changes against reported price movement
Quarterly Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q1 2026 | -31,995 | Reduce 16.23% | 165,185 | $6.10 |
| Q4 2025 | +59,245 | Add 42.95% | 197,180 | $4.77 |
| Q3 2025 | +4,200 | Add 3.14% | 137,935 | $4.98 |
| Q2 2025 | -33,190 | Reduce 19.88% | 133,735 | $4.39 |
| Q1 2025 | -32,995 | Reduce 16.50% | 166,925 | $3.57 |
| Q4 2024 | -835 | Reduce 0.42% | 199,920 | $2.87 |
| Q3 2024 | +19,950 | Add 11.03% | 200,755 | $3.31 |
| Q2 2024 | +1,245 | Add 0.69% | 180,805 | $2.69 |
| Q1 2024 | -5,495 | Reduce 2.97% | 179,560 | $3.37 |
| Q4 2023 | -44,850 | Reduce 19.51% | 185,055 | $3.05 |
| Q3 2023 | -23,625 | Reduce 9.32% | 229,905 | $2.42 |
| Q2 2023 | +10,415 | Add 4.28% | 253,530 | $2.37 |
| Q1 2023 | -144,580 | Reduce 37.29% | 243,115 | $2.00 |
| Q4 2022 | -76,600 | Reduce 16.50% | 387,695 | $2.13 |
| Q3 2022 | +84,450 | Add 22.23% | 464,295 | $1.82 |
| Q2 2022 | -481,095 | Reduce 55.88% | 379,845 | $1.60 |
| Q1 2022 | -117,060 | Reduce 11.97% | 860,940 | $1.97 |
| Q4 2021 | +67,720 | Add 7.44% | 978,000 | $1.47 |
| Q3 2021 | +69,135 | Add 8.22% | 910,280 | $1.42 |
| Q2 2021 | +203,520 | Add 31.92% | 841,145 | $1.48 |
| Q1 2021 | +296,630 | Add 86.99% | 637,625 | $1.47 |
| Q4 2020 | -3.99 M | Reduce 92.12% | 340,995 | $1.72 |
| Q3 2020 | -13.59 M | Reduce 75.85% | 4.33 M | $1.66 |
| Q2 2020 | -15.39 M | Reduce 46.22% | 17.91 M | $2.10 |
| Q1 2020 | -9.51 M | Reduce 22.22% | 33.3 M | $1.48 |
| Q4 2019 | -15.6 M | Reduce 26.71% | 42.82 M | $3.01 |
| Q3 2019 | -10.99 M | Reduce 15.84% | 58.42 M | $2.38 |
| Q2 2019 | +13.44 M | Add 24.01% | 69.41 M | $2.43 |
| Q1 2019 | +20.48 M | Add 57.69% | 55.97 M | $2.12 |
| Q4 2018 | +30.76 M | Add 650.25% | 35.49 M | $1.61 |
| Q3 2018 | -1.59 M | Reduce 25.11% | 4.73 M | $1.18 |
| Q2 2018 | -309,025 | Reduce 4.66% | 6.32 M | $1.20 |
| Q1 2018 | -16.8 M | Reduce 71.72% | 6.63 M | $2.12 |
| Q4 2017 | -19,665 | Reduce 0.08% | 23.43 M | $2.09 |
| Q3 2017 | +7.31 M | Add 45.29% | 23.45 M | $2.09 |
| Q2 2017 | -6.62 M | Reduce 29.10% | 16.14 M | $1.90 |
| Q1 2017 | -10.86 M | Reduce 32.30% | 22.76 M | $2.08 |
| Q4 2016 | +806,290 | Add 2.46% | 33.62 M | $1.74 |
| Q3 2016 | +7.77 M | Add 31.03% | 32.82 M | $1.85 |
| Q2 2016 | +19.84 M | Add 381.57% | 25.04 M | $1.79 |
| Q1 2016 | +5.15 M | Add 10205.39% | 5.2 M | $1.32 |
| Q4 2015 | -347,370 | Reduce 87.32% | 50,465 | $0.91 |
| Q3 2015 | -92,665 | Reduce 18.89% | 397,835 | $0.78 |
| Q2 2015 | -521,210 | Reduce 51.52% | 490,500 | $1.04 |
| Q1 2015 | +668,000 | Add 194.35% | 1.01 M | $1.08 |
| Q4 2014 | +80,500 | Add 30.58% | 343,710 | $1.26 |
| Q3 2014 | +197,500 | Add 300.56% | 263,210 | $1.62 |
| Q2 2014 | -986,600 | Reduce 93.76% | 65,710 | $2.15 |
| Q1 2014 | -641,500 | Reduce 37.87% | 1.05 M | $1.85 |
| Q4 2013 | -1.28 M | Reduce 43.01% | 1.69 M | $2.27 |
| Q3 2013 | -7.39 M | Reduce 71.31% | 2.97 M | $1.99 |
| Q2 2013 | +2.07 M | Add 0.00% | 10.36 M | $2.08 |
| Q4 2012 | +1.53 M | Add 0.00% | 7.67 M | $2.79 |
Cliff Asness's Companhia de Saneamento Básico do Estado de São Paulo - SABESP Investment FAQs
Cliff Asness first purchased Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS) in Q4 2012, acquiring 7,674,810 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 Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS) for 54 quarters since Q4 2012.
Cliff Asness's largest addition to Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS) was in Q4 2018, adding 35,494,930 shares worth $57.29 M.
According to the latest 13F filing for Q1 2026, Cliff Asness's firm, Aqr Capital Management LLC, owns 165,185 shares of Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS), valued at approximately $1.01 M.
As of the Q1 2026 filing, Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS) 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 Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS) was 69,411,020 shares, as reported at the end of Q2 2019.