Cliff Asness's VZ Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 9.73 M shares of Verizon Communications Inc. (VZ) worth $396.22 M, representing 0.21% 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 VZ, representing a significant commitment to this investment thesis. Largest addition occurred in Q4 2018, adding 5.42 M shares. Largest reduction occurred in Q4 2019, reducing 2.71 M shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Verizon Communications (VZ) Holding Value Over Time
Track share changes against reported price movement
Quarterly Verizon Communications (VZ) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +879,288 | Add 9.94% | 9.73 M | $40.73 |
| Q3 2025 | +2.97 M | Add 50.39% | 8.85 M | $43.62 |
| Q2 2025 | +646,736 | Add 12.35% | 5.88 M | $42.75 |
| Q1 2025 | +1.55 M | Add 41.88% | 5.24 M | $45.36 |
| Q4 2024 | +378,948 | Add 11.44% | 3.69 M | $39.84 |
| Q3 2024 | +49,988 | Add 1.53% | 3.31 M | $44.91 |
| Q2 2024 | -45,073 | Reduce 1.36% | 3.26 M | $41.24 |
| Q1 2024 | -1.39 M | Reduce 29.65% | 3.31 M | $41.76 |
| Q4 2023 | +383,633 | Add 8.89% | 4.7 M | $37.51 |
| Q3 2023 | -62,228 | Reduce 1.42% | 4.32 M | $32.41 |
| Q2 2023 | -495,919 | Reduce 10.17% | 4.38 M | $36.96 |
| Q1 2023 | -935,442 | Reduce 16.10% | 4.88 M | $38.68 |
| Q4 2022 | +2.74 M | Add 89.47% | 5.81 M | $39.40 |
| Q3 2022 | -448,387 | Reduce 12.75% | 3.07 M | $37.97 |
| Q2 2022 | +732,616 | Add 26.33% | 3.52 M | $50.66 |
| Q1 2022 | +49,687 | Add 1.82% | 2.78 M | $50.94 |
| Q4 2021 | -1.59 M | Reduce 36.73% | 2.73 M | $51.96 |
| Q3 2021 | +634,400 | Add 17.21% | 4.32 M | $54.01 |
| Q2 2021 | -1.78 M | Reduce 32.55% | 3.69 M | $55.94 |
| Q1 2021 | +113,406 | Add 2.12% | 5.46 M | $58.09 |
| Q4 2020 | +414,002 | Add 8.39% | 5.35 M | $58.24 |
| Q3 2020 | -743,703 | Reduce 13.09% | 4.94 M | $59.20 |
| Q2 2020 | +328,780 | Add 6.14% | 5.68 M | $54.43 |
| Q1 2020 | -756,258 | Reduce 12.38% | 5.35 M | $53.73 |
| Q4 2019 | -2.71 M | Reduce 30.77% | 6.11 M | $61.16 |
| Q3 2019 | -1.53 M | Reduce 14.76% | 8.82 M | $60.36 |
| Q2 2019 | -1.08 M | Reduce 9.46% | 10.35 M | $57.13 |
| Q1 2019 | +9,112 | Add 0.08% | 11.43 M | $58.84 |
| Q4 2018 | +5.42 M | Add 90.28% | 11.42 M | $56.22 |
| Q3 2018 | +3.37 M | Add 127.76% | 6 M | $53.39 |
| Q2 2018 | -1.5 M | Reduce 36.30% | 2.64 M | $50.31 |
| Q1 2018 | -333,336 | Reduce 7.46% | 4.14 M | $47.82 |
| Q4 2017 | -70,652 | Reduce 1.56% | 4.47 M | $52.93 |
| Q3 2017 | -407,023 | Reduce 8.23% | 4.54 M | $49.49 |
| Q2 2017 | +1.2 M | Add 31.94% | 4.95 M | $44.66 |
| Q1 2017 | -2.38 M | Reduce 38.85% | 3.75 M | $48.75 |
| Q4 2016 | -238,519 | Reduce 3.74% | 6.13 M | $53.38 |
| Q3 2016 | +497,606 | Add 8.47% | 6.37 M | $51.98 |
| Q2 2016 | +524,757 | Add 9.81% | 5.87 M | $55.84 |
| Q1 2016 | +2.9 M | Add 118.19% | 5.35 M | $54.08 |
| Q4 2015 | +249,436 | Add 11.33% | 2.45 M | $46.22 |
| Q3 2015 | -418,230 | Reduce 15.96% | 2.2 M | $43.51 |
| Q2 2015 | +275,814 | Add 11.76% | 2.62 M | $46.61 |
| Q1 2015 | -1.07 M | Reduce 31.26% | 2.34 M | $48.63 |
| Q4 2014 | +275,192 | Add 8.78% | 3.41 M | $46.78 |
| Q3 2014 | -156,704 | Reduce 4.76% | 3.14 M | $49.99 |
| Q2 2014 | +215,451 | Add 7.00% | 3.29 M | $48.93 |
| Q1 2014 | +774,612 | Add 33.65% | 3.08 M | $47.57 |
| Q4 2013 | -41,089 | Reduce 1.75% | 2.3 M | $49.14 |
| Q3 2013 | -97,384 | Reduce 3.99% | 2.34 M | $46.66 |
| Q2 2013 | +2.44 M | Add 0.00% | 2.44 M | $50.34 |
| Q4 2012 | +2.37 M | Add 0.00% | 2.37 M | $43.27 |
Cliff Asness's Verizon Communications Investment FAQs
Cliff Asness first purchased Verizon Communications Inc. (VZ) in Q4 2012, acquiring 2,374,519 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 Verizon Communications Inc. (VZ) for 53 quarters since Q4 2012.
Cliff Asness's largest addition to Verizon Communications Inc. (VZ) was in Q4 2018, adding 11,421,192 shares worth $642.1 M.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 9,728,054 shares of Verizon Communications Inc. (VZ), valued at approximately $396.22 M.
As of the Q4 2025 filing, Verizon Communications Inc. (VZ) represents approximately 0.21% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in Verizon Communications Inc. (VZ) was 11,430,304 shares, as reported at the end of Q1 2019.