Cliff Asness's UGP Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 64,594 shares of Ultrapar Participações S.A. (UGP) worth $243,519, representing 0.00% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 37 quarters.
Based on 13F filings, Cliff Asness has maintained a strategic position in UGP, demonstrating sustained confidence in this investment. Largest addition occurred in Q1 2019, adding 237,840 shares. Largest reduction occurred in Q1 2020, reducing 138,729 shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Ultrapar Participações (UGP) Holding Value Over Time
Track share changes against reported price movement
Quarterly Ultrapar Participações (UGP) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +12,767 | Add 24.63% | 64,594 | $3.77 |
| Q3 2025 | -976 | Reduce 1.85% | 51,827 | $4.10 |
| Q2 2025 | -18,035 | Reduce 25.46% | 52,803 | $3.28 |
| Q1 2025 | +6,947 | Add 10.87% | 70,838 | $3.08 |
| Q4 2024 | -17,240 | Reduce 21.25% | 63,891 | $2.63 |
| Q2 2024 | +1,263 | Add 1.58% | 81,131 | $3.91 |
| Q1 2024 | +17,346 | Add 27.74% | 79,868 | $5.72 |
| Q4 2023 | +4,665 | Add 8.06% | 62,522 | $5.42 |
| Q3 2023 | +20 | Add 0.03% | 57,857 | $3.67 |
| Q2 2023 | +3,003 | Add 5.48% | 57,837 | $3.93 |
| Q1 2023 | -71,756 | Reduce 56.68% | 54,834 | $2.73 |
| Q4 2022 | -4,795 | Reduce 3.65% | 126,590 | $2.42 |
| Q3 2022 | -20,749 | Reduce 13.64% | 131,385 | $2.19 |
| Q1 2022 | -5,818 | Reduce 3.68% | 152,134 | $3.03 |
| Q4 2021 | -21,424 | Reduce 11.94% | 157,952 | $2.64 |
| Q3 2021 | +2,542 | Add 1.44% | 179,376 | $2.70 |
| Q2 2021 | +15,726 | Add 9.76% | 176,834 | $3.76 |
| Q1 2021 | -2,524 | Reduce 1.54% | 161,108 | $3.82 |
| Q4 2020 | -5,727 | Reduce 3.38% | 163,632 | $4.53 |
| Q3 2020 | +14,499 | Add 9.36% | 169,359 | $3.42 |
| Q2 2020 | +49,851 | Add 47.47% | 154,860 | $3.39 |
| Q1 2020 | -138,729 | Reduce 56.92% | 105,009 | $2.43 |
| Q4 2019 | -35,873 | Reduce 12.83% | 243,738 | $6.26 |
| Q3 2019 | +98,672 | Add 54.53% | 279,611 | $4.47 |
| Q2 2019 | -56,901 | Reduce 23.92% | 180,939 | $5.24 |
| Q1 2019 | +237,840 | New Buy | 237,840 | $2.99 |
| Q4 2015 | -46,640 | Sold Out | 0 | $0.00 |
| Q2 2015 | +1,040 | Add 2.28% | 46,640 | $5.25 |
| Q2 2014 | +45,600 | New Buy | 45,600 | $5.90 |
| Q3 2013 | -60,400 | Sold Out | 0 | $0.00 |
| Q2 2013 | +60,400 | Add 0.00% | 60,400 | $5.98 |
Cliff Asness's Ultrapar Participações Investment FAQs
Cliff Asness first purchased Ultrapar Participações S.A. (UGP) in Q2 2013, acquiring 60,400 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 Ultrapar Participações S.A. (UGP) for 37 quarters since Q2 2013.
Cliff Asness's largest addition to Ultrapar Participações S.A. (UGP) was in Q1 2019, adding 237,840 shares worth $711,000.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 64,594 shares of Ultrapar Participações S.A. (UGP), valued at approximately $243,519.
As of the Q4 2025 filing, Ultrapar Participações S.A. (UGP) 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 Ultrapar Participações S.A. (UGP) was 279,611 shares, as reported at the end of Q3 2019.