Cliff Asness's WAL Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 907,295 shares of Western Alliance Bancorporation (WAL) worth $63.36 M, representing 0.03% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 51 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in WAL, representing a significant commitment to this investment thesis. Largest addition occurred in Q4 2025, adding 465,541 shares. Largest reduction occurred in Q2 2020, reducing 206,893 shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Western Alliance Bancorporation (WAL) Holding Value Over Time
Track share changes against reported price movement
Quarterly Western Alliance Bancorporation (WAL) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q1 2026 | +421,787 | Add 86.88% | 907,295 | $69.83 |
| Q4 2025 | +465,541 | Add 2331.55% | 485,508 | $84.07 |
| Q3 2025 | -3,470 | Reduce 14.81% | 19,967 | $86.72 |
| Q2 2025 | -34,384 | Reduce 59.47% | 23,437 | $77.98 |
| Q1 2025 | -5,068 | Reduce 8.06% | 57,821 | $74.57 |
| Q4 2024 | -38,475 | Reduce 37.96% | 62,889 | $83.54 |
| Q3 2024 | -151,326 | Reduce 59.89% | 101,364 | $85.69 |
| Q2 2024 | +137,577 | Add 119.51% | 252,690 | $61.72 |
| Q1 2024 | -51,886 | Reduce 31.07% | 115,113 | $64.04 |
| Q4 2023 | +70,634 | Add 73.30% | 166,999 | $65.79 |
| Q3 2023 | +80,349 | Add 501.68% | 96,365 | $45.97 |
| Q2 2023 | -12,746 | Reduce 44.32% | 16,016 | $36.47 |
| Q1 2023 | -45,129 | Reduce 61.08% | 28,762 | $35.34 |
| Q4 2022 | -29,750 | Reduce 28.70% | 73,891 | $58.90 |
| Q3 2022 | -32,283 | Reduce 23.75% | 103,641 | $65.74 |
| Q2 2022 | -14,070 | Reduce 9.38% | 135,924 | $69.23 |
| Q1 2022 | -19,682 | Reduce 11.60% | 149,994 | $82.82 |
| Q4 2021 | -50,029 | Reduce 22.77% | 169,676 | $107.65 |
| Q3 2021 | +53,543 | Add 32.22% | 219,705 | $108.82 |
| Q2 2021 | +12,984 | Add 8.48% | 166,162 | $92.74 |
| Q1 2021 | -64,241 | Reduce 29.55% | 153,178 | $94.44 |
| Q4 2020 | -31,474 | Reduce 12.65% | 217,419 | $59.68 |
| Q3 2020 | +28,252 | Add 12.80% | 248,893 | $31.62 |
| Q2 2020 | -206,893 | Reduce 48.39% | 220,641 | $36.96 |
| Q1 2020 | +378,036 | Add 763.74% | 427,534 | $30.61 |
| Q4 2019 | +49,498 | New Buy | 49,498 | $56.99 |
| Q4 2018 | -31,060 | Sold Out | 0 | $0.00 |
| Q3 2018 | -18,087 | Reduce 36.80% | 31,060 | $56.89 |
| Q2 2018 | +7,674 | Add 18.50% | 49,147 | $56.61 |
| Q1 2018 | -8,669 | Reduce 17.29% | 41,473 | $58.11 |
| Q4 2017 | -18,009 | Reduce 26.43% | 50,142 | $56.62 |
| Q3 2017 | +784 | Add 1.16% | 68,151 | $53.07 |
| Q2 2017 | -132,447 | Reduce 66.29% | 67,367 | $49.19 |
| Q1 2017 | +76,966 | Add 62.65% | 199,814 | $49.09 |
| Q4 2016 | -22,480 | Reduce 15.47% | 122,848 | $48.71 |
| Q3 2016 | +80,932 | Add 125.68% | 145,328 | $37.54 |
| Q2 2016 | -101,539 | Reduce 61.19% | 64,396 | $32.64 |
| Q1 2016 | +46,569 | Add 39.01% | 165,935 | $33.38 |
| Q4 2015 | -14,398 | Reduce 10.76% | 119,366 | $35.86 |
| Q3 2015 | -8,890 | Reduce 6.23% | 133,764 | $30.71 |
| Q2 2015 | +7,609 | Add 5.63% | 142,654 | $33.76 |
| Q1 2015 | -52,900 | Reduce 28.15% | 135,045 | $29.64 |
| Q4 2014 | -11,127 | Reduce 5.59% | 187,945 | $27.80 |
| Q3 2014 | +25,700 | Add 14.82% | 199,072 | $23.90 |
| Q2 2014 | +111,300 | Add 179.31% | 173,372 | $23.80 |
| Q1 2014 | +266 | Add 0.43% | 62,072 | $24.60 |
| Q4 2013 | +20,298 | Add 48.90% | 61,806 | $23.86 |
| Q3 2013 | +683 | Add 1.67% | 41,508 | $18.94 |
| Q2 2013 | +40,825 | Add 0.00% | 40,825 | $15.82 |
| Q4 2012 | +20,325 | Add 0.00% | 20,325 | $10.53 |
Cliff Asness's Western Alliance Bancorporation Investment FAQs
Cliff Asness first purchased Western Alliance Bancorporation (WAL) in Q4 2012, acquiring 20,325 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 Western Alliance Bancorporation (WAL) for 51 quarters since Q4 2012.
Cliff Asness's largest addition to Western Alliance Bancorporation (WAL) was in Q4 2025, adding 485,508 shares worth $40.82 M.
According to the latest 13F filing for Q1 2026, Cliff Asness's firm, Aqr Capital Management LLC, owns 907,295 shares of Western Alliance Bancorporation (WAL), valued at approximately $63.36 M.
As of the Q1 2026 filing, Western Alliance Bancorporation (WAL) represents approximately 0.03% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in Western Alliance Bancorporation (WAL) was 907,295 shares, as reported at the end of Q1 2026.