Cliff Asness's TS Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 145,427 shares of Tenaris S.A. (TS) worth $8.46 M, representing 0.00% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 50 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in TS, representing a significant commitment to this investment thesis. Largest addition occurred in Q4 2013, adding 200,030 shares. Largest reduction occurred in Q1 2014, reducing 198,930 shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Tenaris (TS) Holding Value Over Time
Track share changes against reported price movement
Quarterly Tenaris (TS) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q1 2026 | +34,570 | Add 31.18% | 145,427 | $58.18 |
| Q4 2025 | +40,001 | Add 56.45% | 110,857 | $38.45 |
| Q3 2025 | +30,951 | Add 77.56% | 70,856 | $35.77 |
| Q2 2025 | +16,243 | Add 68.65% | 39,905 | $37.40 |
| Q1 2025 | +2,969 | Add 14.35% | 23,662 | $39.11 |
| Q4 2024 | +2,532 | Add 13.94% | 20,693 | $37.79 |
| Q3 2024 | -2,402 | Reduce 11.68% | 18,161 | $31.79 |
| Q2 2024 | +1,656 | Add 8.76% | 20,563 | $30.52 |
| Q1 2024 | +3,712 | Add 24.43% | 18,907 | $39.27 |
| Q4 2023 | -17,196 | Reduce 53.09% | 15,195 | $34.76 |
| Q3 2023 | +21,715 | Add 203.40% | 32,391 | $31.60 |
| Q2 2023 | +2,006 | Add 23.14% | 10,676 | $29.95 |
| Q1 2023 | -2,179 | Reduce 20.08% | 8,670 | $28.42 |
| Q4 2022 | -960 | Reduce 8.13% | 10,849 | $35.16 |
| Q3 2022 | -192 | Reduce 1.60% | 11,809 | $25.83 |
| Q2 2022 | -728 | Reduce 5.72% | 12,001 | $25.66 |
| Q1 2022 | +1,188 | Add 10.29% | 12,729 | $30.09 |
| Q4 2021 | +661 | Add 6.08% | 11,541 | $20.88 |
| Q3 2021 | +922 | Add 9.26% | 10,880 | $21.14 |
| Q2 2021 | +9,958 | New Buy | 9,958 | $21.89 |
| Q1 2020 | -20,122 | Sold Out | 0 | $0.00 |
| Q4 2019 | -410 | Reduce 2.00% | 20,122 | $22.66 |
| Q3 2019 | +20 | Add 0.10% | 20,532 | $21.19 |
| Q2 2019 | -3,728 | Reduce 15.38% | 20,512 | $26.33 |
| Q1 2019 | +367 | Add 1.54% | 24,240 | $28.26 |
| Q4 2018 | -2,454 | Reduce 9.32% | 23,873 | $21.32 |
| Q3 2018 | +1,861 | Add 7.61% | 26,327 | $33.50 |
| Q2 2018 | +322 | Add 1.33% | 24,466 | $36.38 |
| Q1 2018 | +1,918 | Add 8.63% | 24,144 | $34.67 |
| Q4 2017 | +3,339 | Add 17.68% | 22,226 | $31.85 |
| Q3 2017 | +4,635 | Add 32.52% | 18,887 | $28.33 |
| Q2 2017 | -5,955 | Reduce 29.47% | 14,252 | $31.15 |
| Q1 2017 | +4,402 | Add 27.85% | 20,207 | $34.15 |
| Q4 2016 | +1,300 | Add 8.96% | 15,805 | $35.68 |
| Q3 2016 | +857 | Add 6.28% | 14,505 | $28.40 |
| Q2 2016 | -674 | Reduce 4.71% | 13,648 | $28.87 |
| Q1 2016 | -584 | Reduce 3.92% | 14,322 | $24.79 |
| Q4 2015 | +876 | Add 6.24% | 14,906 | $23.82 |
| Q3 2015 | -170 | Reduce 1.20% | 14,030 | $24.09 |
| Q2 2015 | -4,700 | Reduce 24.87% | 14,200 | $27.04 |
| Q1 2015 | +6,500 | Add 52.42% | 18,900 | $27.99 |
| Q4 2014 | -11,800 | Reduce 48.76% | 12,400 | $30.24 |
| Q3 2014 | +1,800 | Add 8.04% | 24,200 | $45.54 |
| Q2 2014 | +100 | Add 0.45% | 22,400 | $47.14 |
| Q1 2014 | -198,930 | Reduce 89.92% | 22,300 | $44.26 |
| Q4 2013 | +200,030 | Add 943.54% | 221,230 | $43.69 |
| Q3 2013 | +2,400 | Add 12.77% | 21,200 | $46.79 |
| Q2 2013 | +18,800 | Add 0.00% | 18,800 | $40.27 |
| Q4 2012 | +16,000 | Add 0.00% | 16,000 | $41.94 |
Cliff Asness's Tenaris Investment FAQs
Cliff Asness first purchased Tenaris S.A. (TS) in Q4 2012, acquiring 16,000 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 Tenaris S.A. (TS) for 50 quarters since Q4 2012.
Cliff Asness's largest addition to Tenaris S.A. (TS) was in Q4 2013, adding 221,230 shares worth $9.67 M.
According to the latest 13F filing for Q1 2026, Cliff Asness's firm, Aqr Capital Management LLC, owns 145,427 shares of Tenaris S.A. (TS), valued at approximately $8.46 M.
As of the Q1 2026 filing, Tenaris S.A. (TS) represents approximately 0.00% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in Tenaris S.A. (TS) was 221,230 shares, as reported at the end of Q4 2013.