Cliff Asness's ZM Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 12.2 M shares of Zoom Communications, Inc. (ZM) worth $1.05 B, representing 0.55% of the portfolio. First purchased in 2020-Q3, this long-term strategic position has been held for 22 quarters.
Based on 13F filings, Cliff Asness has maintained a strategic position in ZM, demonstrating sustained confidence in this investment. Largest addition occurred in Q4 2025, adding 3.72 M shares. Largest reduction occurred in Q2 2025, reducing 536,419 shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Zoom Communications (ZM) Holding Value Over Time
Track share changes against reported price movement
Quarterly Zoom Communications (ZM) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +3.72 M | Add 43.86% | 12.2 M | $86.29 |
| Q3 2025 | +1.61 M | Add 23.40% | 8.48 M | $82.50 |
| Q2 2025 | -536,419 | Reduce 7.24% | 6.87 M | $77.91 |
| Q1 2025 | -132,521 | Reduce 1.76% | 7.41 M | $72.44 |
| Q4 2024 | +373,509 | Add 5.21% | 7.54 M | $81.61 |
| Q3 2024 | +1.43 M | Add 25.02% | 7.17 M | $69.74 |
| Q2 2024 | +2.52 M | Add 78.53% | 5.73 M | $58.84 |
| Q1 2024 | +2.25 M | Add 235.46% | 3.21 M | $65.37 |
| Q4 2023 | +474,230 | Add 98.23% | 957,015 | $71.91 |
| Q3 2023 | -339,151 | Reduce 41.26% | 482,785 | $69.94 |
| Q2 2023 | +149,168 | Add 22.17% | 821,936 | $67.88 |
| Q1 2023 | +360,788 | Add 115.64% | 672,768 | $72.95 |
| Q4 2022 | +84,546 | Add 37.17% | 311,980 | $67.16 |
| Q3 2022 | +4,322 | Add 1.94% | 227,434 | $73.59 |
| Q2 2022 | -25,821 | Reduce 10.37% | 223,112 | $106.86 |
| Q1 2022 | +137,103 | Add 122.60% | 248,933 | $117.23 |
| Q4 2021 | +8,894 | Add 8.64% | 111,830 | $183.91 |
| Q3 2021 | -102,136 | Reduce 49.80% | 102,936 | $259.29 |
| Q2 2021 | -254,336 | Reduce 55.36% | 205,072 | $387.03 |
| Q1 2021 | -117,090 | Reduce 20.31% | 459,408 | $320.86 |
| Q4 2020 | +287,870 | Add 99.74% | 576,498 | $337.32 |
| Q3 2020 | +288,628 | New Buy | 288,628 | $470.11 |
Cliff Asness's Zoom Communications Investment FAQs
Cliff Asness first purchased Zoom Communications, Inc. (ZM) in Q3 2020, acquiring 288,628 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 Zoom Communications, Inc. (ZM) for 22 quarters since Q3 2020.
Cliff Asness's largest addition to Zoom Communications, Inc. (ZM) was in Q4 2025, adding 12,195,243 shares worth $1.05 B.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 12,195,243 shares of Zoom Communications, Inc. (ZM), valued at approximately $1.05 B.
As of the Q4 2025 filing, Zoom Communications, Inc. (ZM) represents approximately 0.55% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in Zoom Communications, Inc. (ZM) was 12,195,243 shares, as reported at the end of Q4 2025.