Cliff Asness's SBS Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 27,587 shares of Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS) worth $686,640, representing 0.00% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 52 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 6.15 M shares. Largest reduction occurred in Q1 2018, reducing 3.36 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 |
|---|---|---|---|---|
| Q4 2012 | +1.53 M | Add 0.00% | 1.53 M | $13.93 |
| Q2 2013 | +2.07 M | Add 0.00% | 2.07 M | $10.41 |
| Q3 2013 | -1.48 M | Reduce 71.31% | 594,462 | $9.96 |
| Q4 2013 | -255,700 | Reduce 43.01% | 338,762 | $11.34 |
| Q1 2014 | -128,300 | Reduce 37.87% | 210,462 | $9.26 |
| Q2 2014 | -197,320 | Reduce 93.76% | 13,142 | $10.73 |
| Q3 2014 | +39,500 | Add 300.56% | 52,642 | $8.11 |
| Q4 2014 | +16,100 | Add 30.58% | 68,742 | $6.28 |
| Q1 2015 | +133,600 | Add 194.35% | 202,342 | $5.42 |
| Q2 2015 | -104,242 | Reduce 51.52% | 98,100 | $5.18 |
| Q3 2015 | -18,533 | Reduce 18.89% | 79,567 | $3.88 |
| Q4 2015 | -69,474 | Reduce 87.32% | 10,093 | $4.56 |
| Q1 2016 | +1.03 M | Add 10205.39% | 1.04 M | $6.60 |
| Q2 2016 | +3.97 M | Add 381.57% | 5.01 M | $8.96 |
| Q3 2016 | +1.55 M | Add 31.03% | 6.56 M | $9.26 |
| Q4 2016 | +161,258 | Add 2.46% | 6.72 M | $8.68 |
| Q1 2017 | -2.17 M | Reduce 32.30% | 4.55 M | $10.41 |
| Q2 2017 | -1.32 M | Reduce 29.10% | 3.23 M | $9.52 |
| Q3 2017 | +1.46 M | Add 45.29% | 4.69 M | $10.46 |
| Q4 2017 | -3,933 | Reduce 0.08% | 4.69 M | $10.45 |
| Q1 2018 | -3.36 M | Reduce 71.72% | 1.33 M | $10.59 |
| Q2 2018 | -61,805 | Reduce 4.66% | 1.26 M | $6.01 |
| Q3 2018 | -317,240 | Reduce 25.11% | 946,216 | $5.90 |
| Q4 2018 | +6.15 M | Add 650.25% | 7.1 M | $8.07 |
| Q1 2019 | +4.1 M | Add 57.69% | 11.19 M | $10.58 |
| Q2 2019 | +2.69 M | Add 24.01% | 13.88 M | $12.17 |
| Q3 2019 | -2.2 M | Reduce 15.84% | 11.68 M | $11.88 |
| Q4 2019 | -3.12 M | Reduce 26.71% | 8.56 M | $15.05 |
| Q1 2020 | -1.9 M | Reduce 22.22% | 6.66 M | $7.38 |
| Q2 2020 | -3.08 M | Reduce 46.22% | 3.58 M | $10.51 |
| Q3 2020 | -2.72 M | Reduce 75.85% | 865,212 | $8.30 |
| Q4 2020 | -797,013 | Reduce 92.12% | 68,199 | $8.59 |
| Q1 2021 | +59,326 | Add 86.99% | 127,525 | $7.33 |
| Q2 2021 | +40,704 | Add 31.92% | 168,229 | $7.40 |
| Q3 2021 | +13,827 | Add 8.22% | 182,056 | $7.08 |
| Q4 2021 | +13,544 | Add 7.44% | 195,600 | $7.34 |
| Q1 2022 | -23,412 | Reduce 11.97% | 172,188 | $9.83 |
| Q2 2022 | -96,219 | Reduce 55.88% | 75,969 | $7.99 |
| Q3 2022 | +16,890 | Add 22.23% | 92,859 | $9.11 |
| Q4 2022 | -15,320 | Reduce 16.50% | 77,539 | $10.66 |
| Q1 2023 | -28,916 | Reduce 37.29% | 48,623 | $10.01 |
| Q2 2023 | +2,083 | Add 4.28% | 50,706 | $11.84 |
| Q3 2023 | -4,725 | Reduce 9.32% | 45,981 | $12.12 |
| Q4 2023 | -8,970 | Reduce 19.51% | 37,011 | $15.23 |
| Q1 2024 | -1,099 | Reduce 2.97% | 35,912 | $16.83 |
| Q2 2024 | +249 | Add 0.69% | 36,161 | $13.45 |
| Q3 2024 | +3,990 | Add 11.03% | 40,151 | $16.54 |
| Q4 2024 | -167 | Reduce 0.42% | 39,984 | $14.33 |
| Q1 2025 | -6,599 | Reduce 16.50% | 33,385 | $17.86 |
| Q2 2025 | -6,638 | Reduce 19.88% | 26,747 | $21.97 |
| Q3 2025 | +840 | Add 3.14% | 27,587 | $24.89 |
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 1,534,962 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 52 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 7,098,986 shares worth $57.29 M.
According to the latest 13F filing for Q3 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 27,587 shares of Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS), valued at approximately $686,640.
As of the Q3 2025 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 13,882,204 shares, as reported at the end of Q2 2019.