Cliff Asness's TFC Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 4.12 M shares of Truist Financial Corporation (TFC) worth $188.41 M, representing 0.12% of the portfolio. First purchased in 2019-Q4, this long-term strategic position has been held for 24 quarters.
Based on 13F filings, Cliff Asness has maintained a strategic position in TFC, demonstrating sustained confidence in this investment. Largest addition occurred in Q2 2025, adding 1.32 M shares. Largest reduction occurred in Q1 2024, reducing 580,171 shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Truist Financial Corporation (TFC) Holding Value Over Time
Track share changes against reported price movement
Quarterly Truist Financial Corporation (TFC) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2019 | +377,717 | New Buy | 377,717 | $56.32 |
| Q1 2020 | -212,423 | Reduce 56.24% | 165,294 | $30.84 |
| Q2 2020 | -154,545 | Reduce 93.50% | 10,749 | $36.84 |
| Q3 2020 | -10,749 | Sold Out | 10,749 | $0.00 |
| Q1 2021 | +165,450 | New Buy | 165,450 | $58.32 |
| Q2 2021 | +106,281 | Add 64.24% | 271,731 | $55.50 |
| Q3 2021 | -35,868 | Reduce 13.20% | 235,863 | $58.65 |
| Q4 2021 | -139,377 | Reduce 59.09% | 96,486 | $58.55 |
| Q1 2022 | +10,137 | Add 10.51% | 106,623 | $56.70 |
| Q2 2022 | +13,635 | Add 12.79% | 120,258 | $46.06 |
| Q3 2022 | -16,163 | Reduce 13.44% | 104,095 | $43.54 |
| Q4 2022 | +51,774 | Add 49.74% | 155,869 | $43.03 |
| Q1 2023 | +254,295 | Add 163.15% | 410,164 | $33.52 |
| Q2 2023 | +388,692 | Add 94.77% | 798,856 | $30.35 |
| Q3 2023 | +969,908 | Add 121.41% | 1.77 M | $28.61 |
| Q4 2023 | -435,680 | Reduce 24.63% | 1.33 M | $36.92 |
| Q1 2024 | -580,171 | Reduce 43.52% | 752,913 | $38.77 |
| Q2 2024 | +125,385 | Add 16.65% | 878,298 | $38.21 |
| Q3 2024 | +772,218 | Add 87.92% | 1.65 M | $42.13 |
| Q4 2024 | -11,395 | Reduce 0.69% | 1.64 M | $43.38 |
| Q1 2025 | +202,046 | Add 12.33% | 1.84 M | $40.29 |
| Q2 2025 | +1.32 M | Add 71.90% | 3.17 M | $42.99 |
| Q3 2025 | +955,897 | Add 30.20% | 4.12 M | $45.72 |
Cliff Asness's Truist Financial Corporation Investment FAQs
Cliff Asness first purchased Truist Financial Corporation (TFC) in Q4 2019, acquiring 377,717 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 Truist Financial Corporation (TFC) for 24 quarters since Q4 2019.
Cliff Asness's largest addition to Truist Financial Corporation (TFC) was in Q2 2025, adding 3,165,033 shares worth $136.06 M.
According to the latest 13F filing for Q3 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 4,120,930 shares of Truist Financial Corporation (TFC), valued at approximately $188.41 M.
As of the Q3 2025 filing, Truist Financial Corporation (TFC) represents approximately 0.12% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in Truist Financial Corporation (TFC) was 4,120,930 shares, as reported at the end of Q3 2025.