Cliff Asness's V Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 1.1M shares of Visa Inc. (V) worth $361.43 M, representing 0.23% 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 V, representing a significant commitment to this investment thesis. Largest addition occurred in Q3 2017, adding 612.0K shares. Largest reduction occurred in Q3 2018, reducing 676.1K shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Visa (V) Holding Value Over Time
Track share changes against reported price movement
Quarterly Visa (V) Trades by Cliff Asness
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2012 | +1 M | Add 0.00% | 1 M | $37.89 |
| Q2 2013 | +1.34 M | Add 0.00% | 1.34 M | $45.69 |
| Q3 2013 | -356,100 | Reduce 26.53% | 986,236 | $47.77 |
| Q4 2013 | -266,000 | Reduce 26.97% | 720,236 | $55.67 |
| Q1 2014 | -42,400 | Reduce 5.89% | 677,836 | $53.96 |
| Q2 2014 | -416,000 | Reduce 61.37% | 261,836 | $52.68 |
| Q3 2014 | -71,200 | Reduce 27.19% | 190,636 | $53.34 |
| Q4 2014 | -4,180 | Reduce 2.19% | 186,456 | $65.55 |
| Q1 2015 | +230,766 | Add 123.76% | 417,222 | $65.41 |
| Q2 2015 | +222,617 | Add 53.36% | 639,839 | $67.15 |
| Q3 2015 | +296,427 | Add 46.33% | 936,266 | $69.66 |
| Q4 2015 | +44,798 | Add 4.78% | 981,064 | $77.55 |
| Q1 2016 | -97,075 | Reduce 9.89% | 883,989 | $76.48 |
| Q2 2016 | -72,002 | Reduce 8.15% | 811,987 | $74.17 |
| Q3 2016 | -441,568 | Reduce 54.38% | 370,419 | $82.70 |
| Q4 2016 | +105,030 | Add 28.35% | 475,449 | $78.02 |
| Q1 2017 | +19,848 | Add 4.17% | 495,297 | $88.87 |
| Q2 2017 | -41,768 | Reduce 8.43% | 453,529 | $93.78 |
| Q3 2017 | +612,042 | Add 134.95% | 1.07 M | $105.24 |
| Q4 2017 | +454,131 | Add 42.62% | 1.52 M | $114.02 |
| Q1 2018 | +103,851 | Add 6.83% | 1.62 M | $119.62 |
| Q2 2018 | +267,559 | Add 16.48% | 1.89 M | $132.45 |
| Q3 2018 | -676,129 | Reduce 35.75% | 1.21 M | $150.09 |
| Q4 2018 | +64,594 | Add 5.32% | 1.28 M | $131.94 |
| Q1 2019 | -67,275 | Reduce 5.26% | 1.21 M | $156.19 |
| Q2 2019 | +162,602 | Add 13.41% | 1.37 M | $173.55 |
| Q3 2019 | +42,046 | Add 3.06% | 1.42 M | $172.01 |
| Q4 2019 | +43,896 | Add 3.10% | 1.46 M | $187.90 |
| Q1 2020 | -112,814 | Reduce 7.72% | 1.35 M | $161.12 |
| Q2 2020 | +93,046 | Add 6.90% | 1.44 M | $191.31 |
| Q3 2020 | -166,134 | Reduce 11.53% | 1.27 M | $199.97 |
| Q4 2020 | -68,791 | Reduce 5.40% | 1.21 M | $218.73 |
| Q1 2021 | -182,868 | Reduce 15.16% | 1.02 M | $211.73 |
| Q2 2021 | +998 | Add 0.10% | 1.02 M | $233.82 |
| Q3 2021 | +24,037 | Add 2.35% | 1.05 M | $222.75 |
| Q4 2021 | -210,190 | Reduce 20.05% | 838,130 | $216.71 |
| Q1 2022 | -127,490 | Reduce 15.21% | 710,640 | $221.77 |
| Q2 2022 | +148,930 | Add 20.96% | 859,570 | $193.68 |
| Q3 2022 | +147,812 | Add 17.20% | 1.01 M | $177.65 |
| Q4 2022 | +148,189 | Add 14.71% | 1.16 M | $206.66 |
| Q1 2023 | -73,671 | Reduce 6.38% | 1.08 M | $223.87 |
| Q2 2023 | -168,561 | Reduce 15.58% | 913,339 | $236.55 |
| Q3 2023 | -130,271 | Reduce 14.26% | 783,068 | $230.01 |
| Q4 2023 | -84,288 | Reduce 10.76% | 698,780 | $260.35 |
| Q1 2024 | -19,988 | Reduce 2.86% | 678,792 | $278.91 |
| Q2 2024 | -30,740 | Reduce 4.53% | 648,052 | $262.47 |
| Q3 2024 | +341,101 | Add 52.63% | 989,153 | $273.57 |
| Q4 2024 | +41,165 | Add 4.16% | 1.03 M | $316.04 |
| Q1 2025 | +189,629 | Add 18.40% | 1.22 M | $338.48 |
| Q2 2025 | +21,401 | Add 1.75% | 1.24 M | $353.00 |
| Q3 2025 | -182,627 | Reduce 14.71% | 1.06 M | $341.38 |
Cliff Asness's Visa Investment FAQs
Cliff Asness first purchased Visa Inc. (V) in Q4 2012, acquiring 1,002,652 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 Visa Inc. (V) 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 Visa Inc. (V) was in Q2 2013, adding 1,342,336 shares worth $61.33 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 1,058,721 shares of Visa Inc. (V), valued at approximately $361.43 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, Visa Inc. (V) represents approximately 0.23% 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 Visa Inc. (V) was 1,891,112 shares, as reported at the end of Q2 2018. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.