Cliff Asness's SCHW Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 3.1M shares of The Charles Schwab Corporation (SCHW) worth $294.4 M, representing 0.19% 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 SCHW, representing a significant commitment to this investment thesis. Largest addition occurred in Q1 2025, adding 2.1M shares. Largest reduction occurred in Q3 2016, reducing 384.5K shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's The Charles Schwab Corporation (SCHW) Holding Value Over Time
Track share changes against reported price movement
Quarterly The Charles Schwab Corporation (SCHW) Trades by Cliff Asness
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2012 | +40,501 | Add 0.00% | 40,500 | $14.37 |
| Q2 2013 | +87,648 | Add 0.00% | 87,647 | $21.23 |
| Q3 2013 | +93,319 | Add 106.47% | 180,966 | $21.14 |
| Q4 2013 | +31,266 | Add 17.28% | 212,232 | $26.00 |
| Q1 2014 | +54,900 | Add 25.87% | 267,132 | $27.33 |
| Q2 2014 | -74,000 | Reduce 27.70% | 193,132 | $26.93 |
| Q3 2014 | -74,500 | Reduce 38.57% | 118,632 | $29.39 |
| Q4 2014 | -28,949 | Reduce 24.40% | 89,683 | $30.20 |
| Q1 2015 | -72,400 | Reduce 80.73% | 17,283 | $30.43 |
| Q2 2015 | +29 | Add 0.17% | 17,312 | $32.64 |
| Q3 2015 | +26,279 | Add 151.80% | 43,591 | $28.56 |
| Q4 2015 | +302,123 | Add 693.09% | 345,714 | $32.93 |
| Q1 2016 | +22,868 | Add 6.61% | 368,582 | $28.02 |
| Q2 2016 | +304,936 | Add 82.73% | 673,518 | $25.31 |
| Q3 2016 | -384,465 | Reduce 57.08% | 289,053 | $31.57 |
| Q4 2016 | -283,996 | Reduce 98.25% | 5,057 | $39.55 |
| Q1 2017 | +125,077 | Add 2473.34% | 130,134 | $40.81 |
| Q2 2017 | +21,098 | Add 16.21% | 151,232 | $42.96 |
| Q3 2017 | +798 | Add 0.53% | 152,030 | $43.74 |
| Q4 2017 | -67,098 | Reduce 44.13% | 84,932 | $51.37 |
| Q1 2018 | -36,284 | Reduce 42.72% | 48,648 | $52.21 |
| Q2 2018 | +59,567 | Add 122.44% | 108,215 | $51.10 |
| Q3 2018 | -511 | Reduce 0.47% | 107,704 | $49.15 |
| Q4 2018 | -93,249 | Reduce 86.58% | 14,455 | $41.51 |
| Q2 2019 | -14,455 | Sold Out | 14,455 | $0.00 |
| Q1 2020 | +127,777 | New Buy | 127,777 | $33.62 |
| Q2 2020 | +2,342 | Add 1.83% | 130,119 | $32.88 |
| Q3 2020 | -27,757 | Reduce 21.33% | 102,362 | $36.23 |
| Q4 2020 | -11,606 | Reduce 11.34% | 90,756 | $52.44 |
| Q1 2021 | +113,595 | Add 125.17% | 204,351 | $64.92 |
| Q2 2021 | -74,805 | Reduce 36.61% | 129,546 | $72.64 |
| Q3 2021 | +44,637 | Add 34.46% | 174,183 | $72.84 |
| Q4 2021 | -36,408 | Reduce 20.90% | 137,775 | $84.10 |
| Q1 2022 | +570,108 | Add 413.80% | 707,883 | $84.31 |
| Q2 2022 | -220,225 | Reduce 31.11% | 487,658 | $61.29 |
| Q3 2022 | -75,457 | Reduce 15.47% | 412,201 | $71.87 |
| Q4 2022 | -64,633 | Reduce 15.68% | 347,568 | $82.73 |
| Q1 2023 | +67,064 | Add 19.30% | 414,632 | $51.16 |
| Q2 2023 | -114,784 | Reduce 27.68% | 299,848 | $56.68 |
| Q3 2023 | -8,185 | Reduce 2.73% | 291,663 | $54.90 |
| Q4 2023 | -66,255 | Reduce 22.72% | 225,408 | $68.80 |
| Q1 2024 | +31,300 | Add 13.89% | 256,708 | $72.00 |
| Q2 2024 | -101,149 | Reduce 39.40% | 155,559 | $73.69 |
| Q3 2024 | -65,844 | Reduce 42.33% | 89,715 | $64.37 |
| Q4 2024 | +207,263 | Add 231.02% | 296,978 | $74.01 |
| Q1 2025 | +2.06 M | Add 694.10% | 2.36 M | $77.45 |
| Q2 2025 | +191,643 | Add 8.13% | 2.55 M | $90.85 |
| Q3 2025 | +533,776 | Add 20.93% | 3.08 M | $95.47 |
Cliff Asness's The Charles Schwab Corporation Investment FAQs
Cliff Asness first purchased The Charles Schwab Corporation (SCHW) in Q4 2012, acquiring 40,500 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 The Charles Schwab Corporation (SCHW) for 52 quarters since Q4 2012. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness's largest addition to The Charles Schwab Corporation (SCHW) was in Q1 2025, adding 2,358,310 shares worth $182.65 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 3,083,729 shares of The Charles Schwab Corporation (SCHW), valued at approximately $294.4 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, The Charles Schwab Corporation (SCHW) represents approximately 0.19% 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 The Charles Schwab Corporation (SCHW) was 3,083,729 shares, as reported at the end of Q3 2025. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.