Cliff Asness's T Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 16.13 M shares of AT&T Inc. (T) worth $455.61 M, representing 0.29% 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 T, representing a significant commitment to this investment thesis. Largest addition occurred in Q2 2024, adding 6.6 M shares. Largest reduction occurred in Q1 2023, reducing 5.68 M shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's AT&T (T) Holding Value Over Time
Track share changes against reported price movement
Quarterly AT&T (T) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2012 | +5.29 M | Add 0.00% | 5.29 M | $33.71 |
| Q2 2013 | +5.11 M | Add 0.00% | 5.11 M | $35.40 |
| Q3 2013 | -851,584 | Reduce 16.65% | 4.26 M | $33.82 |
| Q4 2013 | -597,300 | Reduce 14.01% | 3.67 M | $35.16 |
| Q1 2014 | +470,145 | Add 12.83% | 4.14 M | $35.07 |
| Q2 2014 | +647,800 | Add 15.66% | 4.78 M | $35.36 |
| Q3 2014 | -230,378 | Reduce 4.82% | 4.55 M | $35.24 |
| Q4 2014 | +396,133 | Add 8.70% | 4.95 M | $33.59 |
| Q1 2015 | -696,322 | Reduce 14.07% | 4.25 M | $32.65 |
| Q2 2015 | -2.2 M | Reduce 51.66% | 2.06 M | $35.52 |
| Q3 2015 | +450,195 | Add 21.90% | 2.51 M | $32.58 |
| Q4 2015 | -30,958 | Reduce 1.24% | 2.48 M | $34.41 |
| Q1 2016 | +3.44 M | Add 139.00% | 5.92 M | $39.17 |
| Q2 2016 | +738,024 | Add 12.48% | 6.65 M | $43.21 |
| Q3 2016 | +1.37 M | Add 20.58% | 8.02 M | $40.61 |
| Q4 2016 | +565,928 | Add 7.05% | 8.59 M | $42.53 |
| Q1 2017 | -1.51 M | Reduce 17.60% | 7.08 M | $41.55 |
| Q2 2017 | +436,008 | Add 6.16% | 7.51 M | $37.73 |
| Q3 2017 | +364,499 | Add 4.85% | 7.88 M | $39.17 |
| Q4 2017 | -1.62 M | Reduce 20.54% | 6.26 M | $38.88 |
| Q1 2018 | +514,553 | Add 8.22% | 6.77 M | $35.65 |
| Q2 2018 | -4.07 M | Reduce 60.15% | 2.7 M | $32.11 |
| Q3 2018 | -1.27 M | Reduce 47.13% | 1.43 M | $33.58 |
| Q4 2018 | +1.67 M | Add 116.77% | 3.09 M | $28.54 |
| Q1 2019 | -617,552 | Reduce 19.96% | 2.48 M | $31.15 |
| Q2 2019 | -602,048 | Reduce 24.32% | 1.87 M | $32.99 |
| Q3 2019 | +3.81 M | Add 203.14% | 5.68 M | $37.78 |
| Q4 2019 | -824,136 | Reduce 14.51% | 4.86 M | $39.02 |
| Q1 2020 | -778,207 | Reduce 16.02% | 4.08 M | $29.15 |
| Q2 2020 | +1.08 M | Add 26.41% | 5.16 M | $29.73 |
| Q3 2020 | -1.16 M | Reduce 22.42% | 4 M | $28.47 |
| Q4 2020 | -1.19 M | Reduce 29.69% | 2.81 M | $28.44 |
| Q1 2021 | +2.48 M | Add 88.24% | 5.29 M | $30.27 |
| Q2 2021 | -1.46 M | Reduce 27.66% | 3.83 M | $28.76 |
| Q3 2021 | -1.18 M | Reduce 30.78% | 2.65 M | $27.01 |
| Q4 2021 | +2.27 M | Add 85.72% | 4.92 M | $24.60 |
| Q1 2022 | -342,970 | Reduce 6.97% | 4.58 M | $23.63 |
| Q2 2022 | +3.71 M | Add 80.94% | 8.29 M | $20.89 |
| Q3 2022 | +4.15 M | Add 50.05% | 12.43 M | $15.34 |
| Q4 2022 | +5.73 M | Add 46.12% | 18.17 M | $18.36 |
| Q1 2023 | -5.68 M | Reduce 31.25% | 12.49 M | $19.04 |
| Q2 2023 | -2.18 M | Reduce 17.48% | 10.31 M | $15.95 |
| Q3 2023 | +4.43 M | Add 43.00% | 14.74 M | $15.01 |
| Q4 2023 | -1.5 M | Reduce 10.20% | 13.24 M | $16.71 |
| Q1 2024 | +2.01 M | Add 15.22% | 15.25 M | $17.56 |
| Q2 2024 | +6.6 M | Add 43.29% | 21.85 M | $18.97 |
| Q3 2024 | +460,088 | Add 2.11% | 22.31 M | $21.85 |
| Q4 2024 | -4.42 M | Reduce 19.81% | 17.89 M | $22.77 |
| Q1 2025 | +802,028 | Add 4.48% | 18.69 M | $28.28 |
| Q2 2025 | -3.37 M | Reduce 18.00% | 15.33 M | $28.61 |
| Q3 2025 | +804,829 | Add 5.25% | 16.13 M | $28.24 |
Cliff Asness's AT&T Investment FAQs
Cliff Asness first purchased AT&T Inc. (T) in Q4 2012, acquiring 5,293,239 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 AT&T Inc. (T) for 52 quarters since Q4 2012.
Cliff Asness's largest addition to AT&T Inc. (T) was in Q2 2024, adding 21,853,624 shares worth $414.56 M.
According to the latest 13F filing for Q3 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 16,133,576 shares of AT&T Inc. (T), valued at approximately $455.61 M.
As of the Q3 2025 filing, AT&T Inc. (T) represents approximately 0.29% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in AT&T Inc. (T) was 22,313,712 shares, as reported at the end of Q3 2024.