Cliff Asness's STZ Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 172,547 shares of Constellation Brands, Inc. (STZ) worth $23.8 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 STZ, representing a significant commitment to this investment thesis. Largest addition occurred in Q1 2018, adding 781,334 shares. Largest reduction occurred in Q3 2018, reducing 631,316 shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Constellation Brands (STZ) Holding Value Over Time
Track share changes against reported price movement
Quarterly Constellation Brands (STZ) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +24,878 | Add 16.85% | 172,547 | $137.96 |
| Q3 2025 | +6,172 | Add 4.36% | 147,669 | $134.67 |
| Q2 2025 | -64,671 | Reduce 31.37% | 141,497 | $161.45 |
| Q1 2025 | +2,631 | Add 1.29% | 206,168 | $182.58 |
| Q4 2024 | +149,393 | Add 275.92% | 203,537 | $221.00 |
| Q3 2024 | +19,277 | Add 55.29% | 54,144 | $257.69 |
| Q2 2024 | -333 | Reduce 0.95% | 34,867 | $255.12 |
| Q1 2024 | +13,316 | Add 60.85% | 35,200 | $270.82 |
| Q4 2023 | +1,347 | Add 6.56% | 21,884 | $241.58 |
| Q3 2023 | -553 | Reduce 2.62% | 20,537 | $251.34 |
| Q2 2023 | +533 | Add 2.59% | 21,090 | $243.26 |
| Q1 2023 | -19,347 | Reduce 48.48% | 20,557 | $225.00 |
| Q4 2022 | +11,460 | Add 40.29% | 39,904 | $231.75 |
| Q3 2022 | +8,152 | Add 40.17% | 28,444 | $229.68 |
| Q2 2022 | -9,493 | Reduce 31.87% | 20,292 | $232.55 |
| Q1 2022 | -313 | Reduce 1.04% | 29,785 | $230.32 |
| Q4 2021 | -28,871 | Reduce 48.96% | 30,098 | $249.92 |
| Q3 2021 | -90,341 | Reduce 60.51% | 58,969 | $210.69 |
| Q2 2021 | +31,892 | Add 27.16% | 149,310 | $233.89 |
| Q1 2021 | +61,969 | Add 111.76% | 117,418 | $228.00 |
| Q4 2020 | -20,030 | Reduce 26.54% | 55,449 | $218.22 |
| Q3 2020 | -122 | Reduce 0.16% | 75,479 | $188.50 |
| Q2 2020 | -7,302 | Reduce 8.81% | 75,601 | $173.52 |
| Q1 2020 | -46,077 | Reduce 35.72% | 82,903 | $143.36 |
| Q4 2019 | -149,043 | Reduce 53.61% | 128,980 | $188.03 |
| Q3 2019 | +205,930 | Add 285.64% | 278,023 | $206.23 |
| Q2 2019 | -116,778 | Reduce 61.83% | 72,093 | $196.94 |
| Q1 2019 | -628,926 | Reduce 76.90% | 188,871 | $175.33 |
| Q4 2018 | -17,308 | Reduce 2.07% | 817,797 | $160.82 |
| Q3 2018 | -631,316 | Reduce 43.05% | 835,105 | $215.62 |
| Q2 2018 | -33,739 | Reduce 2.25% | 1.47 M | $218.87 |
| Q1 2018 | +781,334 | Add 108.70% | 1.5 M | $227.92 |
| Q4 2017 | +321,703 | Add 81.01% | 718,826 | $228.57 |
| Q3 2017 | -193,103 | Reduce 32.72% | 397,123 | $199.48 |
| Q2 2017 | -118,714 | Reduce 16.75% | 590,226 | $193.73 |
| Q1 2017 | -60,674 | Reduce 7.88% | 708,940 | $162.07 |
| Q4 2016 | +202,160 | Add 35.63% | 769,614 | $153.31 |
| Q3 2016 | +96,437 | Add 20.47% | 567,454 | $166.49 |
| Q2 2016 | +26,054 | Add 5.86% | 471,017 | $165.40 |
| Q1 2016 | +4,332 | Add 0.98% | 444,963 | $151.09 |
| Q4 2015 | +284,132 | Add 181.56% | 440,631 | $142.44 |
| Q3 2015 | +52,854 | Add 51.00% | 156,499 | $125.21 |
| Q2 2015 | +11,796 | Add 12.84% | 103,645 | $116.02 |
| Q1 2015 | -3,500 | Reduce 3.67% | 91,849 | $116.20 |
| Q4 2014 | +10,227 | Add 12.01% | 95,349 | $98.18 |
| Q3 2014 | +1,900 | Add 2.28% | 85,122 | $87.16 |
| Q2 2014 | +6,400 | Add 8.33% | 83,222 | $88.13 |
| Q1 2014 | -400 | Reduce 0.52% | 76,822 | $84.98 |
| Q4 2013 | +3,483 | Add 4.72% | 77,222 | $70.38 |
| Q3 2013 | -209,365 | Reduce 73.95% | 73,739 | $57.41 |
| Q2 2013 | +283,104 | Add 0.00% | 283,104 | $52.12 |
| Q4 2012 | +392,180 | Add 0.00% | 392,180 | $35.39 |
Cliff Asness's Constellation Brands Investment FAQs
Cliff Asness first purchased Constellation Brands, Inc. (STZ) in Q4 2012, acquiring 392,180 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 Constellation Brands, Inc. (STZ) for 53 quarters since Q4 2012.
Cliff Asness's largest addition to Constellation Brands, Inc. (STZ) was in Q1 2018, adding 1,500,160 shares worth $341.92 M.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 172,547 shares of Constellation Brands, Inc. (STZ), valued at approximately $23.8 M.
As of the Q4 2025 filing, Constellation Brands, Inc. (STZ) 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 Constellation Brands, Inc. (STZ) was 1,500,160 shares, as reported at the end of Q1 2018.