Cliff Asness's THC Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 1.9M shares of Tenet Healthcare Corporation (THC) worth $380.99 M, representing 0.24% 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 THC, representing a significant commitment to this investment thesis. Largest addition occurred in Q3 2025, adding 720.2K shares. Largest reduction occurred in Q1 2019, reducing 368.2K shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Tenet Healthcare Corporation (THC) Holding Value Over Time
Track share changes against reported price movement
Quarterly Tenet Healthcare Corporation (THC) Trades by Cliff Asness
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2012 | +109,375 | Add 0.00% | 109,375 | $32.47 |
| Q2 2013 | +34,206 | Add 0.00% | 34,205 | $46.10 |
| Q3 2013 | +612 | Add 1.79% | 34,817 | $41.19 |
| Q4 2013 | +579 | Add 1.66% | 35,396 | $42.12 |
| Q1 2014 | +1,300 | Add 3.67% | 36,696 | $42.81 |
| Q2 2014 | -20,591 | Reduce 56.11% | 16,105 | $46.94 |
| Q3 2014 | -800 | Reduce 4.97% | 15,305 | $59.39 |
| Q1 2015 | -5,600 | Reduce 36.59% | 9,705 | $49.46 |
| Q4 2015 | +1,752 | Add 18.05% | 11,457 | $30.29 |
| Q1 2016 | -11,457 | Sold Out | 11,457 | $0.00 |
| Q4 2016 | +31,749 | New Buy | 31,749 | $14.84 |
| Q1 2017 | +45,620 | Add 143.69% | 77,369 | $17.71 |
| Q2 2017 | -77,369 | Sold Out | 77,369 | $0.00 |
| Q3 2017 | +12,860 | New Buy | 12,860 | $16.41 |
| Q4 2017 | +164,609 | Add 1280.01% | 177,469 | $15.16 |
| Q1 2018 | -42,489 | Reduce 23.94% | 134,980 | $24.25 |
| Q2 2018 | +182,584 | Add 135.27% | 317,564 | $33.57 |
| Q3 2018 | +350,745 | Add 110.45% | 668,309 | $28.46 |
| Q4 2018 | +522,799 | Add 78.23% | 1.19 M | $17.14 |
| Q1 2019 | -368,224 | Reduce 30.91% | 822,884 | $28.82 |
| Q2 2019 | -343,644 | Reduce 41.76% | 479,240 | $20.33 |
| Q3 2019 | -272,989 | Reduce 56.96% | 206,251 | $21.59 |
| Q4 2019 | +120,810 | Add 58.57% | 327,061 | $38.03 |
| Q1 2020 | -44 | Reduce 0.01% | 327,017 | $14.40 |
| Q2 2020 | +265,215 | Add 81.10% | 592,232 | $17.45 |
| Q3 2020 | -102,183 | Reduce 17.25% | 490,049 | $24.51 |
| Q4 2020 | -194,591 | Reduce 39.71% | 295,458 | $39.79 |
| Q1 2021 | -159,158 | Reduce 53.87% | 136,300 | $52.00 |
| Q2 2021 | +1,124 | Add 0.82% | 137,424 | $66.26 |
| Q3 2021 | -71,135 | Reduce 51.76% | 66,289 | $66.44 |
| Q4 2021 | +84,460 | Add 127.41% | 150,749 | $81.69 |
| Q1 2022 | +98,263 | Add 65.18% | 249,012 | $85.96 |
| Q2 2022 | +122,632 | Add 49.25% | 371,644 | $52.46 |
| Q3 2022 | +21,012 | Add 5.65% | 392,656 | $51.58 |
| Q4 2022 | +267,928 | Add 68.23% | 660,584 | $47.90 |
| Q1 2023 | -351,501 | Reduce 53.21% | 309,083 | $58.46 |
| Q2 2023 | -166,490 | Reduce 53.87% | 142,593 | $81.38 |
| Q3 2023 | +33,459 | Add 23.46% | 176,052 | $65.89 |
| Q4 2023 | +105,496 | Add 59.92% | 281,548 | $75.57 |
| Q1 2024 | -29,079 | Reduce 10.33% | 252,469 | $104.80 |
| Q2 2024 | +88,781 | Add 35.17% | 341,250 | $133.03 |
| Q3 2024 | +380,506 | Add 111.50% | 721,756 | $162.12 |
| Q4 2024 | +150,361 | Add 20.83% | 872,117 | $126.23 |
| Q1 2025 | +31,153 | Add 3.57% | 903,270 | $131.59 |
| Q2 2025 | +252,993 | Add 28.01% | 1.16 M | $173.16 |
| Q3 2025 | +720,160 | Add 62.28% | 1.88 M | $203.04 |
Cliff Asness's Tenet Healthcare Corporation Investment FAQs
Cliff Asness first purchased Tenet Healthcare Corporation (THC) in Q4 2012, acquiring 109,375 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 Tenet Healthcare Corporation (THC) 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 Tenet Healthcare Corporation (THC) was in Q3 2025, adding 1,876,423 shares worth $380.99 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 1,876,423 shares of Tenet Healthcare Corporation (THC), valued at approximately $380.99 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, Tenet Healthcare Corporation (THC) represents approximately 0.24% 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 Tenet Healthcare Corporation (THC) was 1,876,423 shares, as reported at the end of Q3 2025. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.