Cliff Asness's TXNM Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 89,407 shares of TXNM Energy, Inc. (TXNM) worth $5.26 M, representing 0.00% 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 TXNM, representing a significant commitment to this investment thesis. Largest addition occurred in Q1 2018, adding 257,393 shares. Largest reduction occurred in Q2 2017, reducing 357,477 shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's TXNM Energy (TXNM) Holding Value Over Time
Track share changes against reported price movement
Quarterly TXNM Energy (TXNM) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +3,560 | Add 4.15% | 89,407 | $58.88 |
| Q3 2025 | -5,446 | Reduce 5.97% | 85,847 | $56.55 |
| Q2 2025 | -88,525 | Reduce 49.23% | 91,293 | $56.32 |
| Q1 2025 | +13,682 | Add 8.24% | 179,818 | $53.37 |
| Q4 2024 | -62,971 | Reduce 27.49% | 166,136 | $49.17 |
| Q3 2024 | -66,898 | Reduce 22.60% | 229,107 | $43.60 |
| Q2 2024 | +53,501 | Add 22.06% | 296,005 | $36.96 |
| Q1 2024 | +195,445 | Add 415.32% | 242,504 | $37.56 |
| Q4 2023 | -4,290 | Reduce 8.35% | 47,059 | $41.60 |
| Q3 2023 | +17,857 | Add 53.32% | 51,349 | $44.61 |
| Q2 2023 | +1,546 | Add 4.84% | 33,492 | $45.10 |
| Q1 2023 | +852 | Add 2.74% | 31,946 | $48.68 |
| Q4 2022 | +420 | Add 1.37% | 31,094 | $48.79 |
| Q3 2022 | +55 | Add 0.18% | 30,674 | $45.74 |
| Q2 2022 | -5,354 | Reduce 14.88% | 30,619 | $47.78 |
| Q1 2022 | -6,697 | Reduce 15.69% | 35,973 | $47.67 |
| Q3 2021 | +2,767 | Add 6.93% | 42,670 | $49.47 |
| Q4 2020 | +39,903 | New Buy | 39,903 | $48.52 |
| Q3 2020 | -11,906 | Sold Out | 0 | $0.00 |
| Q2 2020 | -156,205 | Reduce 92.92% | 11,906 | $38.13 |
| Q1 2020 | -320,123 | Reduce 65.57% | 168,111 | $38.00 |
| Q4 2019 | -309,532 | Reduce 38.80% | 488,234 | $50.71 |
| Q3 2019 | +68,817 | Add 9.44% | 797,766 | $52.08 |
| Q2 2019 | -82,152 | Reduce 10.13% | 728,949 | $50.91 |
| Q1 2019 | -116,278 | Reduce 12.54% | 811,101 | $47.34 |
| Q4 2018 | +81,462 | Add 9.63% | 927,379 | $41.09 |
| Q3 2018 | +109,220 | Add 14.83% | 845,917 | $39.45 |
| Q2 2018 | +187,249 | Add 34.08% | 736,697 | $38.90 |
| Q1 2018 | +257,393 | Add 88.13% | 549,448 | $38.25 |
| Q4 2017 | +112,636 | Add 62.78% | 292,055 | $40.45 |
| Q3 2017 | -135,403 | Reduce 43.01% | 179,419 | $40.30 |
| Q2 2017 | -357,477 | Reduce 53.17% | 314,822 | $38.25 |
| Q1 2017 | -95,199 | Reduce 12.40% | 672,299 | $37.00 |
| Q4 2016 | -88,968 | Reduce 10.39% | 767,498 | $34.30 |
| Q3 2016 | +37,167 | Add 4.54% | 856,466 | $32.72 |
| Q2 2016 | +40,485 | Add 5.20% | 819,299 | $35.44 |
| Q1 2016 | +162,851 | Add 26.44% | 778,814 | $33.72 |
| Q4 2015 | +180,571 | Add 41.47% | 615,963 | $30.57 |
| Q3 2015 | +93,370 | Add 27.30% | 435,392 | $28.05 |
| Q2 2015 | -25,307 | Reduce 6.89% | 342,022 | $24.60 |
| Q1 2015 | -18,250 | Reduce 4.73% | 367,329 | $29.20 |
| Q4 2014 | -2,200 | Reduce 0.57% | 385,579 | $29.63 |
| Q3 2014 | +64,700 | Add 20.03% | 387,779 | $24.91 |
| Q2 2014 | +17,100 | Add 5.59% | 323,079 | $29.33 |
| Q1 2014 | +5,300 | Add 1.76% | 305,979 | $27.03 |
| Q4 2013 | +3,319 | Add 1.12% | 300,679 | $24.12 |
| Q3 2013 | -25,750 | Reduce 7.97% | 297,360 | $22.63 |
| Q2 2013 | +323,110 | Add 0.00% | 323,110 | $22.19 |
| Q4 2012 | +380,479 | Add 0.00% | 380,479 | $20.51 |
Cliff Asness's TXNM Energy Investment FAQs
Cliff Asness first purchased TXNM Energy, Inc. (TXNM) in Q4 2012, acquiring 380,479 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 TXNM Energy, Inc. (TXNM) for 53 quarters since Q4 2012.
Cliff Asness's largest addition to TXNM Energy, Inc. (TXNM) was in Q4 2012, adding 380,479 shares worth $7.8 M.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 89,407 shares of TXNM Energy, Inc. (TXNM), valued at approximately $5.26 M.
As of the Q4 2025 filing, TXNM Energy, Inc. (TXNM) 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 TXNM Energy, Inc. (TXNM) was 927,379 shares, as reported at the end of Q4 2018.