Cliff Asness's ULTA Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 298,338 shares of Ulta Beauty, Inc. (ULTA) worth $163.12 M, representing 0.10% 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 ULTA, representing a significant commitment to this investment thesis. Largest addition occurred in Q2 2025, adding 207,084 shares. Largest reduction occurred in Q3 2025, reducing 179,166 shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Ulta Beauty (ULTA) Holding Value Over Time
Track share changes against reported price movement
Quarterly Ulta Beauty (ULTA) Trades by Cliff Asness
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2012 | +56,251 | Add 0.00% | 56,250 | $98.26 |
| Q2 2013 | +8,351 | Add 0.00% | 8,350 | $100.12 |
| Q3 2013 | +2,152 | Add 25.77% | 10,502 | $119.50 |
| Q4 2013 | +24,948 | Add 237.55% | 35,450 | $96.53 |
| Q1 2014 | +10,400 | Add 29.34% | 45,850 | $97.47 |
| Q2 2014 | +12,500 | Add 27.26% | 58,350 | $91.41 |
| Q3 2014 | -42,100 | Reduce 72.15% | 16,250 | $118.15 |
| Q4 2014 | +5,865 | Add 36.09% | 22,115 | $127.83 |
| Q1 2015 | +43,364 | Add 196.08% | 65,479 | $150.86 |
| Q2 2015 | +151,143 | Add 230.83% | 216,622 | $154.45 |
| Q3 2015 | -15,160 | Reduce 7.00% | 201,462 | $163.35 |
| Q4 2015 | -22,993 | Reduce 11.41% | 178,469 | $185.00 |
| Q1 2016 | -138,798 | Reduce 77.77% | 39,671 | $193.74 |
| Q2 2016 | -6,633 | Reduce 16.72% | 33,038 | $243.63 |
| Q3 2016 | +16,732 | Add 50.64% | 49,770 | $237.97 |
| Q4 2016 | +45,110 | Add 90.64% | 94,880 | $254.94 |
| Q1 2017 | +78,136 | Add 82.35% | 173,016 | $285.23 |
| Q2 2017 | -50,178 | Reduce 29.00% | 122,838 | $287.34 |
| Q3 2017 | -50,247 | Reduce 40.91% | 72,591 | $226.06 |
| Q4 2017 | -15,542 | Reduce 21.41% | 57,049 | $223.67 |
| Q1 2018 | -32,201 | Reduce 56.44% | 24,848 | $204.28 |
| Q2 2018 | +43,843 | Add 176.44% | 68,691 | $233.47 |
| Q3 2018 | +12,603 | Add 18.35% | 81,294 | $282.12 |
| Q4 2018 | +55,297 | Add 68.02% | 136,591 | $244.84 |
| Q1 2019 | -28,108 | Reduce 20.58% | 108,483 | $348.73 |
| Q2 2019 | +51,189 | Add 47.19% | 159,672 | $346.89 |
| Q3 2019 | +4,328 | Add 2.71% | 164,000 | $250.65 |
| Q4 2019 | -80,350 | Reduce 48.99% | 83,650 | $253.14 |
| Q1 2020 | -17,820 | Reduce 21.30% | 65,830 | $175.69 |
| Q2 2020 | -18,031 | Reduce 27.39% | 47,799 | $197.89 |
| Q3 2020 | -41,324 | Reduce 86.45% | 6,475 | $223.94 |
| Q4 2020 | +935 | Add 14.44% | 7,410 | $282.05 |
| Q1 2021 | +4,178 | Add 56.38% | 11,588 | $309.20 |
| Q2 2021 | +35,221 | Add 303.94% | 46,809 | $343.87 |
| Q3 2021 | -13,705 | Reduce 29.28% | 33,104 | $360.92 |
| Q4 2021 | +45,047 | Add 136.08% | 78,151 | $406.75 |
| Q1 2022 | +114,803 | Add 146.90% | 192,954 | $398.22 |
| Q2 2022 | +65,208 | Add 33.79% | 258,162 | $381.50 |
| Q3 2022 | -105,724 | Reduce 40.95% | 152,438 | $401.19 |
| Q4 2022 | -58,606 | Reduce 38.45% | 93,832 | $465.62 |
| Q1 2023 | +47,576 | Add 50.70% | 141,408 | $541.79 |
| Q2 2023 | +111,552 | Add 78.89% | 252,960 | $469.51 |
| Q3 2023 | +40,166 | Add 15.88% | 293,126 | $399.45 |
| Q4 2023 | -24,856 | Reduce 8.48% | 268,270 | $489.73 |
| Q1 2024 | -159,659 | Reduce 59.51% | 108,611 | $522.88 |
| Q2 2024 | +12,634 | Add 11.63% | 121,245 | $382.46 |
| Q3 2024 | -74,927 | Reduce 61.80% | 46,318 | $389.12 |
| Q4 2024 | +33,749 | Add 72.86% | 80,067 | $434.93 |
| Q1 2025 | +190,353 | Add 237.74% | 270,420 | $357.49 |
| Q2 2025 | +207,084 | Add 76.58% | 477,504 | $466.58 |
| Q3 2025 | -179,166 | Reduce 37.52% | 298,338 | $546.75 |
Cliff Asness's Ulta Beauty Investment FAQs
Cliff Asness first purchased Ulta Beauty, Inc. (ULTA) in Q4 2012, acquiring 56,250 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 Ulta Beauty, Inc. (ULTA) 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 Ulta Beauty, Inc. (ULTA) was in Q2 2025, adding 477,504 shares worth $222.79 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 298,338 shares of Ulta Beauty, Inc. (ULTA), valued at approximately $163.12 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, Ulta Beauty, Inc. (ULTA) represents approximately 0.10% 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 Ulta Beauty, Inc. (ULTA) was 477,504 shares, as reported at the end of Q2 2025. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.