We are live on ! Find out more
CA

Cliff Asness AQR Capital Management

AUM $287B
1-Year Est. Return 42.33%
 

Cliff Asness is a co-founder of AQR Capital Management, a leading quantitative investment firm spanning equities, alternatives, and factor strategies. He is known for academic-informed research on value, momentum, and other systematic premia, as well as candid market commentary. Asness’s work bridges academic finance and large-scale institutional portfolio management.

This Fund
S&P 500
This Quarter Est. Return
+3.96%
1 Year Est. Return
+42.33%
3 Year Est. Return
+119.89%
5 Year Est. Return
+147.33%
10 Year Est. Return
+543.74%
AUM
$33.1B
AUM Growth
-$360M
Cap. Flow
-$2.85B
Cap. Flow %
-8.61%
Top 10 Hldgs %
8.91%
Holding
2,770
New
218
Increased
1,085
Reduced
860
Closed
222

Top Buys

Rank Stock Value
1
BEAM
BEAM INC COM STK (DE)
BEAM
+$208M
2
TWC
TIME WARNER CABLE INC NEW COM STK
TWC
+$161M
3
FRX
FOREST LABORATORIES INC
FRX
+$141M
4
MA icon
Mastercard
MA
+$111M
5
ABBV icon
AbbVie
ABBV
+$98.7M

Top Sells

Rank Stock Value
1
LYB icon
LyondellBasell Industries
LYB
+$286M
2
LIFE
LIFE TECHNOLOGIES CORP COM STK (DE)
LIFE
+$186M
3
HMA
HEALTH MGMT ASSOC INC CL-A
HMA
+$179M
4
VOD icon
Vodafone
VOD
+$148M
5
LPS
LENDER PROCESSING SERVICES INC
LPS
+$144M

Sector Composition

Rank Sector Weight
1 Healthcare 14.69%
2 Technology 13.34%
3 Financials 11.54%
4 Consumer Discretionary 9.41%
5 Industrials 9.31%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
IAG icon
2476
IAMGOLD
IAG
$12.1B
– –
-37,100
Closed -$124K
ISRG icon
2477
Intuitive Surgical
ISRG
$134B
– –
-14,724
Closed -$628K
IVZ icon
2478
Invesco
IVZ
$14.1B
– –
-478,700
Closed -$17.4M
JHS
2479
John Hancock Income Securities Trust
JHS
$127M
– –
-13,318
Closed -$190K
KLIC icon
2480
Kulicke & Soffa
KLIC
$4.49B
– –
-19,956
Closed -$265K
LGI
2481
Lazard Global Total Return & Income Fund
LGI
$241M
– –
-12,966
Closed -$228K
LUMN icon
2482
Lumen
LUMN
$6.13B
– –
-9,000
Closed -$287K
LYB icon
2483
LyondellBasell Industries
LYB
$21.8B
– –
-3,568,656
Closed -$286M
MAR icon
2484
Marriott International
MAR
$92.9B
– –
-10,828
Closed -$534K
KG
2485
Kestrel Group
KG
$60.3M
– –
-4,848
Closed -$1.06M
MMD
2486
MainStay MacKay DefinedTerm Municipal Opportunities Fund
MMD
$282M
– –
-12,300
Closed -$194K
MRVL icon
2487
Marvell Technology
MRVL
$213B
– –
-7,569,706
Closed -$109M
NBHC icon
2488
National Bank Holdings
NBHC
$1.86B
– –
-12,900
Closed -$276K
NBR icon
2489
Nabors Industries
NBR
$1.37B
– –
-16,107
Closed -$13.7M
NCLH icon
2490
Norwegian Cruise Line
NCLH
$7.92B
– –
-54,836
Closed -$1.95M
NDLS icon
2491
Noodles & Co
NDLS
$89.7M
– –
-11,641
Closed -$3.35M
OFIX icon
2492
Orthofix Medical
OFIX
$408M
– –
-263,100
Closed -$6M
PNR icon
2493
Pentair
PNR
$10.3B
– –
-30,751
Closed -$1.6M
POOL icon
2494
Pool Corp
POOL
$6.83B
– –
-6,499
Closed -$378K
POST icon
2495
Post Holdings
POST
$3.65B
– –
-14,786
Closed -$477K
PRGO icon
2496
Perrigo
PRGO
$1.98B
– –
-22,147
Closed -$3.4M
RCL icon
2497
Royal Caribbean
RCL
$78.1B
– –
-78,500
Closed -$3.72M
RGS icon
2498
Regis Corp
RGS
$66.9M
– –
-510
Closed -$148K
RIG icon
2499
Transocean
RIG
$6.61B
– –
-11,600
Closed -$573K
RM icon
2500
Regional Management Corp
RM
$315M
– –
-7,353
Closed -$249K
98 99
100
101 102

Similar funds

BNP Paribas Financial Markets
BNP Paribas Financial Markets Paris, France $289B AUM 60.46% 1-Year Est. Return
Millennium Management
Millennium Management New York $276B AUM 44.8% 1-Year Est. Return
Berkshire Hathaway
Berkshire Hathaway Omaha, Nebraska $299B AUM 27.55% 1-Year Est. Return
AllianceBernstein
AllianceBernstein Nashville, Tennessee $302B AUM 26.44% 1-Year Est. Return
Citigroup
Citigroup New York $303B AUM 53.02% 1-Year Est. Return
Bank of Montreal
Bank of Montreal Toronto, Ontario, Canada $304B AUM 35.64% 1-Year Est. Return
Massachusetts Financial Services
Massachusetts Financial Services Boston, Massachusetts $315B AUM 27.84% 1-Year Est. Return
CTC (Chicago Trading Company)
CTC (Chicago Trading Company) Chicago, Illinois $316B AUM 71.57% 1-Year Est. Return

Cliff Asness's Q1 2014 Portfolio in Review

As of Q1 2014, Cliff Asness held 2,770 positions worth $33.1B, down 1.1% from $33.5B the previous quarter. Its ten largest holdings account for 8.9% of the portfolio.

Cliff Asness withdrew a net $2.85B in Q1 2014, closing 222 positions and reducing 860 holdings. Its most notable exit was LyondellBasell Industries, an estimated $286M position sold in full.

By sector, the portfolio is most concentrated in Healthcare at 15% of assets, up from 13% a quarter earlier, followed by Technology and Financials.

Against the trend, Cliff Asness opened a new position in RIVERBED TECHNOLOGY, INC COM worth $76.5M.

  • Cliff Asness's largest Q1 2014 buy was RIVERBED TECHNOLOGY, INC COM: 3,882,944 shares worth $76.5M.
  • Cliff Asness added most to BEAM INC COM STK (DE) in Q1 2014, an estimated $208M increase.
  • Cliff Asness's biggest Q1 2014 reduction was Citigroup, cutting an estimated $89.3M.
  • Cliff Asness fully exited LyondellBasell Industries in Q1 2014, selling an estimated $286M.
  • Cliff Asness's ten largest holdings make up 8.9% of its $33.1B portfolio in Q1 2014.
  • Cliff Asness opened 218 new positions and closed 222 in Q1 2014.
  • Cliff Asness's portfolio value fell 1.1% quarter-over-quarter to $33.1B.

Based on AQR Capital Management's 13F filing for Q1 2014, filed 15 May 2014.