Cliff Asness AQR Capital Management
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.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$1.17B |
| 2 |
Apple
AAPL
|
+$849M |
| 3 |
Chevron
CVX
|
+$746M |
| 4 |
Synopsys
SNPS
|
+$643M |
| 5 |
Wells Fargo
WFC
|
+$633M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Micron Technology
MU
|
+$517M |
| 2 |
Booking.com
BKNG
|
+$488M |
| 3 |
Walmart Inc
WMT
|
+$414M |
| 4 |
SNDK
Sandisk
SNDK
|
+$355M |
| 5 |
Cigna
CI
|
+$325M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.5% |
| 2 | Financials | 14.38% |
| 3 | Industrials | 14.2% |
| 4 | Consumer Discretionary | 10.53% |
| 5 | Healthcare | 10.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2501
TechTarget
TTGT
$276M
| $2.41M | ﹤0.01% |
668,160
+62,939
| +10% | +$289K |
|
2502
BrightView Holdings
BV
$1.05B
| $2.4M | ﹤0.01% |
169,595
+60,446
| +55% | +$758K |
|
2503
Haverty Furniture Companies
HVT
$427M
| $2.4M | ﹤0.01% |
94,077
-10,426
| -10% | -$236K |
|
2504
Amprius Technologies
AMPX
$1.51B
| $2.4M | ﹤0.01% |
173,155
+35,429
| +26% | +$635K |
|
|
FEGE
2505
First Eagle Global Equity ETF
FEGE
$2.43B
| $2.4M | ﹤0.01% |
49,052
+31,429
| +178% | +$1.55M |
|
2506
Vanguard International High Dividend Yield ETF
VYMI
$21.4B
| $2.4M | ﹤0.01% |
24,427
+3,872
| +19% | +$383K |
|
2507
Papa John's
PZZA
$788M
| $2.39M | ﹤0.01% |
67,020
-16,487
| -20% | -$569K |
|
2508
Root
ROOT
$864M
| $2.39M | ﹤0.01% |
42,798
+21,512
| +101% | +$1.15M |
|
2509
Brookdale Senior Living
BKD
$2.82B
| $2.39M | ﹤0.01% |
148,651
+51,835
| +54% | +$705K |
|
2510
German American Bancorp
GABC
$1.88B
| $2.39M | ﹤0.01% |
50,303
+15,402
| +44% | +$677K |
|
2511
NCR Atleos
NATL
$3.43B
| $2.38M | ﹤0.01% |
55,588
-54,973
| -50% | -$2.44M |
|
2512
Southern California Bancorp
BCAL
$687M
| $2.38M | ﹤0.01% |
114,240
+21,853
| +24% | +$416K |
|
2513
Hackett Group
HCKT
$276M
| $2.38M | ﹤0.01% |
220,778
+105,989
| +92% | +$1.24M |
|
2514
D-Wave Quantum Inc
QBTS
$7.59B
| $2.37M | ﹤0.01% |
98,910
+5,229
| +6% | +$115K |
|
|
BAI
2515
iShares A.I. Innovation and Tech Active ETF
BAI
$13.7B
| $2.37M | ﹤0.01% |
44,977
-2,283
| -5% | -$104K |
|
2516
Energy Recovery
ERII
$403M
| $2.37M | ﹤0.01% |
262,844
+204,514
| +351% | +$1.94M |
|
2517
Tactile Systems Technology
TCMD
$540M
| $2.37M | ﹤0.01% |
79,579
+7,287
| +10% | +$183K |
|
2518
Herc Holdings
HRI
$5.41B
| $2.37M | ﹤0.01% |
16,523
+12,826
| +347% | +$1.65M |
|
2519
Standex International
SXI
$3.76B
| $2.36M | ﹤0.01% |
6,611
-101
| -2% | -$28.3K |
|
2520
iShares Biotechnology ETF
IBB
$10.7B
| $2.36M | ﹤0.01% |
12,417
+4,162
| +50% | +$715K |
|
2521
Birkenstock
BIRK
$5.89B
| $2.36M | ﹤0.01% |
54,857
+32,132
| +141% | +$1.3M |
|
|
CON
2522
Concentra Group Holdings
CON
$4.46B
| $2.35M | ﹤0.01% |
78,958
+32,298
| +69% | +$803K |
|
2523
Target Hospitality
TH
$1.78B
| $2.34M | ﹤0.01% |
115,110
+61,485
| +115% | +$1.03M |
|
2524
Viemed Healthcare
VMD
$337M
| $2.34M | ﹤0.01% |
205,480
+91,740
| +81% | +$908K |
|
|
NAVN
2525
Navan Inc
NAVN
$7.42B
| $2.34M | ﹤0.01% |
102,420
+32,359
| +46% | +$592K |
|
Similar funds
Cliff Asness's Q2 2026 Portfolio in Review
As of Q2 2026, Cliff Asness held 3,986 positions worth $287B, up 31% from $218B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Cliff Asness deployed $37.5B of net new capital in Q2 2026, opening 247 new positions and adding to 2,455 existing holdings. Its largest new stake was FedEx Freight: 1,024,555 shares worth $155M.
By sector, the portfolio is most concentrated in Technology at 25% of assets, up from 22% a quarter earlier, followed by Financials and Industrials.
On the sell side, the largest reduction was Micron Technology, an estimated $517M trimmed.
- Cliff Asness's largest Q2 2026 buy was FedEx Freight: 1,024,555 shares worth $155M.
- Cliff Asness added most to NVIDIA in Q2 2026, an estimated $1.17B increase.
- Cliff Asness's biggest Q2 2026 reduction was Micron Technology, cutting an estimated $517M.
- Cliff Asness fully exited Masimo in Q2 2026, selling an estimated $147M.
- Cliff Asness's ten largest holdings make up 12% of its $287B portfolio in Q2 2026.
- Cliff Asness opened 247 new positions and closed 86 in Q2 2026.
- Cliff Asness's portfolio value rose 31% quarter-over-quarter to $287B.
Based on AQR Capital Management's 13F filing for Q2 2026, filed 14 Aug 2026.