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 | |
|---|---|---|---|---|---|---|
2701
Eagle Bancorp Montana
EBMT
$182M
| $1.75M | ﹤0.01% |
73,304
+38,174
| +109% | +$857K |
|
2702
Bio-Techne
TECH
$11.3B
| $1.75M | ﹤0.01% |
24,785
-43,069
| -63% | -$2.33M |
|
2703
Prestige Consumer Healthcare
PBH
$2.43B
| $1.75M | ﹤0.01% |
37,005
+253
| +0.7% | +$13K |
|
2704
Ionis Pharmaceuticals
IONS
$9.93B
| $1.75M | ﹤0.01% |
22,059
-6,724
| -23% | -$506K |
|
2705
State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF
SPYX
$2.84B
| $1.75M | ﹤0.01% |
28,572
| – | – |
|
2706
The RMR Group
RMR
$342M
| $1.74M | ﹤0.01% |
84,656
+35,518
| +72% | +$672K |
|
2707
InvenTrust Properties
IVT
$2.55B
| $1.74M | ﹤0.01% |
49,058
+10,513
| +27% | +$345K |
|
2708
Ecovyst
ECVT
$1.14B
| $1.73M | ﹤0.01% |
139,280
+49,144
| +55% | +$666K |
|
2709
iShares MSCI Global Min Vol Factor ETF
ACWV
$3.4B
| $1.73M | ﹤0.01% |
14,417
+1,637
| +13% | +$198K |
|
2710
Dimensional US Large Cap Value ETF
DFLV
$7.03B
| $1.73M | ﹤0.01% |
43,810
+1,314
| +3% | +$50.3K |
|
|
NPB
2711
Northpointe Bancshares
NPB
$595M
| $1.73M | ﹤0.01% |
90,128
+52,642
| +140% | +$940K |
|
2712
Park Aerospace
PKE
$737M
| $1.72M | ﹤0.01% |
45,046
+13,489
| +43% | +$449K |
|
2713
First Bancorp
FBNC
$2.68B
| $1.71M | ﹤0.01% |
26,819
+4,293
| +19% | +$254K |
|
2714
Vertex
VERX
$2.19B
| $1.71M | ﹤0.01% |
149,317
+82,077
| +122% | +$1.02M |
|
2715
monday.com
MNDY
$3.84B
| $1.71M | ﹤0.01% |
23,622
-31,326
| -57% | -$2.3M |
|
2716
Vanguard US Multifactor ETF
VFMF
$930M
| $1.71M | ﹤0.01% |
9,650
+355
| +4% | +$60K |
|
2717
Shinhan Financial Group
SHG
$35B
| $1.7M | ﹤0.01% |
26,917
+9,337
| +53% | +$613K |
|
2718
Prairie Operating Co
PROP
$59.6M
| $1.7M | ﹤0.01% |
2,357,570
+2,134,866
| +959% | +$2.3M |
|
2719
Chefs' Warehouse
CHEF
$4.51B
| $1.7M | ﹤0.01% |
17,687
+3,162
| +22% | +$245K |
|
|
BWIN
2720
Baldwin Insurance Group
BWIN
$3.09B
| $1.69M | ﹤0.01% |
63,518
-36,577
| -37% | -$791K |
|
2721
Trupanion
TRUP
$1.36B
| $1.69M | ﹤0.01% |
68,116
+38,958
| +134% | +$947K |
|
2722
Mid Penn Bancorp
MPB
$943M
| $1.68M | ﹤0.01% |
48,337
+21,135
| +78% | +$701K |
|
2723
Capital Bancorp
CBNK
$595M
| $1.68M | ﹤0.01% |
47,921
+34,753
| +264% | +$1.11M |
|
2724
Check Point Software Technologies
CHKP
$13.3B
| $1.68M | ﹤0.01% |
12,801
-42,758
| -77% | -$5.56M |
|
|
WBTN
2725
WEBTOON Entertainment Inc
WBTN
$1.19B
| $1.68M | ﹤0.01% |
146,837
+23,858
| +19% | +$282K |
|
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.