Cliff Asness’s Daqo New Energy DQ Stock Holding History

Cliff Asness’s Portfolio DQ Stock Details DQ Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q2	–	Sell	-30,974	Closed	-$561K	–	3314
2025 Q1	$561K	Hold	30,974	–	–	﹤0.01%	2360
2024 Q4	$602K	Buy	+30,974	New	+$633K	﹤0.01%	2155
2022 Q4	–	Sell	-4,664	Closed	-$248K	–	2218
2022 Q3	$248K	Buy	+4,664	New	+$297K	﹤0.01%	1993
2021 Q1	–	Sell	-100,860	Closed	-$5.79M	–	2212
2020 Q4	$5.79M	Buy	100,860 +28,070	+39%	+$1.22M	0.01%	741
2020 Q3	$1.97M	Hold	72,790	–	–	﹤0.01%	1114
2020 Q2	$1.08M	Hold	72,790	–	–	﹤0.01%	1429
2020 Q1	$843K	Buy	72,790 +24,315	+50%	+$285K	﹤0.01%	1411
2019 Q4	$496K	Hold	48,475	–	–	﹤0.01%	1751
2019 Q3	$447K	Hold	48,475	–	–	﹤0.01%	1790
2019 Q2	$411K	Hold	48,475	–	–	﹤0.01%	1796
2019 Q1	$320K	Hold	48,475	–	–	﹤0.01%	1951
2018 Q4	$227K	Hold	48,475	–	–	﹤0.01%	2043
2018 Q3	$253K	Sell	48,475 -241,365	-83%	-$1.69M	﹤0.01%	2146
2018 Q2	$2.06M	Buy	+289,840	New	+$2.94M	﹤0.01%	1410

Other funds holding DQ

CGIC

Continental General Insurance Company Austin, Texas $480M AUM 101.43% 1-Year Est. Return

Franklin Resources San Mateo, California $462B AUM 39.16% 1-Year Est. Return

GAMH

Greenwoods Asset Management (HK) Hong Kong $2.19B AUM 50.16% 1-Year Est. Return

Mackenzie Financial Toronto Ontario, Ontario, Canada $100B AUM 36.93% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Point72 Asset Management Stamford, Connecticut $90.7B AUM 77.13% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Fidelity International Hamilton, Bermuda $139B AUM 29.06% 1-Year Est. Return

Cliff Asness's DQ Position: Q2 2025 in Review

Cliff Asness sold out of Daqo New Energy (DQ) in Q2 2025, closing a stake of 30,974 shares — an estimated $561K sold.

Cliff Asness first reported a position in DQ in Q2 2018 and held it in 14 quarters. The position peaked at $5.79M in Q4 2020. 108 funds tracked by Wall St. Rank hold DQ as of Q2 2025.

Cliff Asness reported no remaining Daqo New Energy position as of Q2 2025 after selling out during the quarter.
Cliff Asness sold 30,974 Daqo New Energy shares in Q2 2025, an estimated $561K.
Cliff Asness first reported a position in Daqo New Energy in Q2 2018 and held it in 14 quarters.
Cliff Asness's Daqo New Energy position peaked at $5.79M in Q4 2020.
108 funds tracked by Wall St. Rank held Daqo New Energy as of Q2 2025.

Based on AQR Capital Management's 13F filing for Q2 2025, filed 14 Aug 2025.