Cliff Asness's SLM Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 604,826 shares of SLM Corporation (SLM) worth $16.31 M, representing 0.01% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 53 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in SLM, representing a significant commitment to this investment thesis. Largest addition occurred in Q2 2020, adding 1.81 M shares. Largest reduction occurred in Q1 2018, reducing 1.63 M shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's SLM Corporation (SLM) Holding Value Over Time
Track share changes against reported price movement
Quarterly SLM Corporation (SLM) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | -24,980 | Reduce 3.97% | 604,826 | $26.96 |
| Q3 2025 | -495,411 | Reduce 44.03% | 629,806 | $27.68 |
| Q2 2025 | +91,453 | Add 8.85% | 1.13 M | $32.79 |
| Q1 2025 | -511,965 | Reduce 33.12% | 1.03 M | $28.63 |
| Q4 2024 | -371,016 | Reduce 19.36% | 1.55 M | $27.58 |
| Q3 2024 | +625,748 | Add 48.47% | 1.92 M | $22.56 |
| Q2 2024 | +926,120 | Add 253.82% | 1.29 M | $20.79 |
| Q1 2024 | -111,345 | Reduce 23.38% | 364,877 | $21.79 |
| Q4 2023 | -20,205 | Reduce 4.07% | 476,222 | $19.12 |
| Q3 2023 | +119,863 | Add 31.83% | 496,427 | $13.62 |
| Q2 2023 | -204,123 | Reduce 35.15% | 376,564 | $16.32 |
| Q1 2023 | +256,937 | Add 79.36% | 580,687 | $12.28 |
| Q4 2022 | -65,857 | Reduce 16.90% | 323,750 | $16.55 |
| Q3 2022 | +89,358 | Add 29.76% | 389,607 | $13.99 |
| Q2 2022 | -1.08 M | Reduce 78.21% | 300,249 | $15.51 |
| Q1 2022 | -403,598 | Reduce 22.66% | 1.38 M | $18.24 |
| Q4 2021 | -754,744 | Reduce 29.76% | 1.78 M | $19.65 |
| Q3 2021 | +1.38 M | Add 119.27% | 2.54 M | $17.35 |
| Q2 2021 | +453,722 | Add 64.55% | 1.16 M | $20.71 |
| Q1 2021 | -1.22 M | Reduce 63.40% | 702,947 | $17.97 |
| Q4 2020 | -1.17 M | Reduce 37.95% | 1.92 M | $12.13 |
| Q3 2020 | +1.07 M | Add 52.93% | 3.09 M | $8.09 |
| Q2 2020 | +1.81 M | Add 838.48% | 2.02 M | $6.90 |
| Q1 2020 | -275,408 | Reduce 56.09% | 215,631 | $7.19 |
| Q4 2019 | +353,132 | Add 256.07% | 491,039 | $8.91 |
| Q3 2019 | +101,985 | Add 283.91% | 137,907 | $8.82 |
| Q2 2019 | -15,115 | Reduce 29.62% | 35,922 | $9.60 |
| Q1 2019 | -24,271 | Reduce 32.23% | 51,037 | $9.91 |
| Q4 2018 | -28,358 | Reduce 27.36% | 75,308 | $8.31 |
| Q3 2018 | -27,903 | Reduce 21.21% | 103,666 | $11.15 |
| Q2 2018 | -338,288 | Reduce 72.00% | 131,569 | $11.45 |
| Q1 2018 | -1.63 M | Reduce 77.64% | 469,857 | $11.21 |
| Q4 2017 | -865,587 | Reduce 29.17% | 2.1 M | $11.30 |
| Q3 2017 | +863,029 | Add 41.02% | 2.97 M | $11.52 |
| Q2 2017 | -170,675 | Reduce 7.50% | 2.1 M | $11.50 |
| Q1 2017 | +1.62 M | Add 249.17% | 2.27 M | $12.10 |
| Q4 2016 | +445,677 | Add 216.60% | 651,439 | $11.02 |
| Q3 2016 | +6,732 | Add 3.38% | 205,762 | $7.47 |
| Q2 2016 | +79,810 | Add 66.94% | 199,030 | $6.18 |
| Q1 2016 | -281,263 | Reduce 70.23% | 119,220 | $6.36 |
| Q4 2015 | +400,483 | New Buy | 400,483 | $6.52 |
| Q3 2015 | -29,600 | Sold Out | 0 | $0.00 |
| Q2 2015 | -47,500 | Reduce 61.61% | 29,600 | $9.86 |
| Q1 2015 | -1.32 M | Reduce 94.50% | 77,100 | $9.27 |
| Q4 2014 | -651,861 | Reduce 31.75% | 1.4 M | $10.19 |
| Q3 2014 | +355,217 | Add 20.92% | 2.05 M | $8.56 |
| Q2 2014 | -661,758 | Reduce 28.04% | 1.7 M | $8.31 |
| Q1 2014 | -1.39 M | Reduce 37.14% | 2.36 M | $24.48 |
| Q4 2013 | +519,057 | Add 16.05% | 3.75 M | $26.28 |
| Q3 2013 | -373,801 | Reduce 10.36% | 3.23 M | $24.90 |
| Q2 2013 | +3.61 M | Add 0.00% | 3.61 M | $22.86 |
| Q4 2012 | +3.83 M | Add 0.00% | 3.83 M | $17.13 |
Cliff Asness's SLM Corporation Investment FAQs
Cliff Asness first purchased SLM Corporation (SLM) in Q4 2012, acquiring 3,829,899 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 SLM Corporation (SLM) for 53 quarters since Q4 2012.
Cliff Asness's largest addition to SLM Corporation (SLM) was in Q4 2012, adding 3,829,899 shares worth $65.61 M.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 604,826 shares of SLM Corporation (SLM), valued at approximately $16.31 M.
As of the Q4 2025 filing, SLM Corporation (SLM) represents approximately 0.01% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in SLM Corporation (SLM) was 3,829,899 shares, as reported at the end of Q4 2012.