Cliff Asness's ZION Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 2.24 M shares of Zions Bancorporation, National Association (ZION) worth $127.9 M, representing 0.06% 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 ZION, representing a significant commitment to this investment thesis. Largest addition occurred in Q1 2025, adding 2.19 M shares. Largest reduction occurred in Q4 2025, reducing 1.46 M shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Zions Bancorporation National Association (ZION) Holding Value Over Time
Track share changes against reported price movement
Quarterly Zions Bancorporation National Association (ZION) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q1 2026 | +746,088 | Add 49.79% | 2.24 M | $56.98 |
| Q4 2025 | -1.46 M | Reduce 49.43% | 1.5 M | $58.54 |
| Q3 2025 | +711,218 | Add 31.58% | 2.96 M | $56.58 |
| Q2 2025 | -614,432 | Reduce 21.43% | 2.25 M | $51.94 |
| Q1 2025 | +2.19 M | Add 326.45% | 2.87 M | $48.81 |
| Q4 2024 | +171,800 | Add 34.33% | 672,245 | $54.25 |
| Q3 2024 | -511,455 | Reduce 50.54% | 500,445 | $46.64 |
| Q2 2024 | +433,513 | Add 74.95% | 1.01 M | $42.79 |
| Q1 2024 | +262,645 | Add 83.18% | 578,387 | $43.17 |
| Q4 2023 | +102,224 | Add 47.88% | 315,742 | $43.87 |
| Q3 2023 | +43,572 | Add 25.64% | 213,518 | $34.89 |
| Q2 2023 | -42,756 | Reduce 20.10% | 169,946 | $26.86 |
| Q1 2023 | -125,828 | Reduce 37.17% | 212,702 | $29.72 |
| Q4 2022 | -146,374 | Reduce 30.19% | 338,530 | $49.02 |
| Q3 2022 | -153,584 | Reduce 24.05% | 484,904 | $50.86 |
| Q2 2022 | +74,601 | Add 13.23% | 638,488 | $50.07 |
| Q1 2022 | +86,282 | Add 18.07% | 563,887 | $65.56 |
| Q4 2021 | -32,370 | Reduce 6.35% | 477,605 | $63.15 |
| Q3 2021 | -54,171 | Reduce 9.60% | 509,975 | $61.89 |
| Q2 2021 | +35,500 | Add 6.72% | 564,146 | $52.74 |
| Q1 2021 | +386,271 | Add 271.31% | 528,646 | $54.96 |
| Q4 2020 | -218,872 | Reduce 60.59% | 142,375 | $42.99 |
| Q3 2020 | +292,402 | Add 424.73% | 361,247 | $29.22 |
| Q2 2020 | -24,289 | Reduce 26.08% | 68,845 | $33.39 |
| Q1 2020 | +11,102 | Add 13.53% | 93,134 | $26.76 |
| Q4 2019 | -18,532 | Reduce 18.43% | 82,032 | $51.92 |
| Q3 2019 | +85,073 | Add 549.18% | 100,564 | $44.52 |
| Q2 2019 | -14,169 | Reduce 47.77% | 15,491 | $45.96 |
| Q1 2019 | -15,972 | Reduce 35.00% | 29,660 | $45.41 |
| Q4 2018 | -8,710 | Reduce 16.03% | 45,632 | $40.74 |
| Q3 2018 | -34,588 | Reduce 38.89% | 54,342 | $50.15 |
| Q2 2018 | +28,660 | Add 47.55% | 88,930 | $52.68 |
| Q1 2018 | -46,156 | Reduce 43.37% | 60,270 | $52.73 |
| Q4 2017 | -342,928 | Reduce 76.32% | 106,426 | $50.82 |
| Q3 2017 | +234,588 | Add 109.23% | 449,354 | $47.40 |
| Q2 2017 | -1.08 M | Reduce 83.37% | 214,766 | $43.91 |
| Q1 2017 | +590,502 | Add 84.24% | 1.29 M | $42.00 |
| Q4 2016 | +685,353 | Add 4376.18% | 701,014 | $43.04 |
| Q3 2016 | +7,636 | Add 95.15% | 15,661 | $31.03 |
| Q2 2016 | -25,783 | Reduce 76.26% | 8,025 | $25.17 |
| Q1 2016 | +25,375 | Add 300.90% | 33,808 | $24.20 |
| Q4 2015 | +8,433 | New Buy | 8,433 | $27.27 |
| Q4 2014 | -30,634 | Sold Out | 0 | $0.00 |
| Q3 2014 | +30,634 | New Buy | 30,634 | $29.05 |
| Q2 2014 | -57,234 | Sold Out | 0 | $0.00 |
| Q1 2014 | -60,500 | Reduce 51.39% | 57,234 | $30.98 |
| Q4 2013 | -179,000 | Reduce 60.32% | 117,734 | $29.96 |
| Q3 2013 | +96,734 | Add 48.37% | 296,734 | $27.42 |
| Q2 2013 | +200,000 | Add 0.00% | 200,000 | $28.88 |
| Q4 2012 | +233,900 | Add 0.00% | 233,900 | $21.40 |
Cliff Asness's Zions Bancorporation National Association Investment FAQs
Cliff Asness first purchased Zions Bancorporation, National Association (ZION) in Q4 2012, acquiring 233,900 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 Zions Bancorporation, National Association (ZION) for 51 quarters since Q4 2012.
Cliff Asness's largest addition to Zions Bancorporation, National Association (ZION) was in Q1 2025, adding 2,866,759 shares worth $139.93 M.
According to the latest 13F filing for Q1 2026, Cliff Asness's firm, Aqr Capital Management LLC, owns 2,244,698 shares of Zions Bancorporation, National Association (ZION), valued at approximately $127.9 M.
As of the Q1 2026 filing, Zions Bancorporation, National Association (ZION) represents approximately 0.06% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in Zions Bancorporation, National Association (ZION) was 2,963,545 shares, as reported at the end of Q3 2025.