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 |
FirstEnergy
FE
|
+$185M |
| 2 |
Tyson Foods
TSN
|
+$177M |
| 3 |
Procter & Gamble
PG
|
+$110M |
| 4 |
Entergy
ETR
|
+$101M |
| 5 |
ENDP
Endo International plc
ENDP
|
+$95.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Nike
NKE
|
+$129M |
| 2 |
Apple
AAPL
|
+$107M |
| 3 |
Abbott
ABT
|
+$99.3M |
| 4 |
AGN
Allergan plc
AGN
|
+$88.8M |
| 5 |
Goldman Sachs
GS
|
+$88M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.27% |
| 2 | Financials | 13.34% |
| 3 | Industrials | 12.76% |
| 4 | Consumer Discretionary | 12.72% |
| 5 | Consumer Staples | 11.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
Campbell Soup
CPB
$7.14B
| $65M | 0.11% |
976,754
+226,558
| +30% | +$14.2M |
|
252
Toronto Dominion Bank
TD
$194B
| $64.2M | 0.11% |
1,502,830
+151,166
| +11% | +$6.58M |
|
253
Lumen
LUMN
$6.13B
| $63.6M | 0.11% |
2,192,341
+730,414
| +50% | +$21.3M |
|
|
JNPR
254
DELISTED
Juniper Networks
JNPR
| $63.5M | 0.11% |
2,824,651
-349,115
| -11% | -$8.12M |
|
255
Adobe
ADBE
$109B
| $63.5M | 0.11% |
662,692
+203,092
| +44% | +$19.5M |
|
256
O'Reilly Automotive
ORLY
$72.1B
| $63.3M | 0.11% |
3,504,195
+25,395
| +0.7% | +$449K |
|
257
Macy's
M
$6B
| $63.2M | 0.11% |
1,879,793
+567,288
| +43% | +$20.3M |
|
|
PPLI
258
People Inc
PPLI
$2.86B
| $62.6M | 0.11% |
6,226,211
-1,196,500
| -16% | -$11.1M |
|
259
Travel + Leisure Co
TNL
$4.39B
| $62.6M | 0.11% |
1,945,900
+290,261
| +18% | +$9.29M |
|
260
Kinder Morgan
KMI
$69B
| $62.3M | 0.11% |
3,326,495
+199,568
| +6% | +$3.56M |
|
|
DD
261
DELISTED
Du Pont De Nemours E I
DD
| $62.2M | 0.11% |
959,499
+60,240
| +7% | +$3.96M |
|
|
RAX
262
DELISTED
Rackspace Hosting Inc
RAX
| $62.2M | 0.11% |
2,980,340
-121,656
| -4% | -$2.84M |
|
|
263
Abbott
ABT
$202B
| $61.7M | 0.11% |
1,568,996
-2,494,598
| -61% | -$99.3M |
|
264
Textron
TXT
$14.3B
| $61.5M | 0.11% |
1,681,018
+258,777
| +18% | +$9.85M |
|
265
UGI
UGI
$8.06B
| $61.2M | 0.11% |
1,352,057
+303,353
| +29% | +$12.8M |
|
266
Danaher
DHR
$154B
| $61.2M | 0.11% |
901,065
+41,164
| +5% | +$2.69M |
|
|
OA
267
DELISTED
Orbital ATK, Inc.
OA
| $61M | 0.11% |
716,029
-36,088
| -5% | -$3.15M |
|
268
Chubb
CB
$132B
| $60.8M | 0.11% |
464,997
-29,438
| -6% | -$3.63M |
|
269
Teleflex
TFX
$5.88B
| $60.5M | 0.11% |
341,184
+75,700
| +29% | +$12.3M |
|
270
Viatris
VTRS
$18.7B
| $60.2M | 0.11% |
1,392,972
+763,026
| +121% | +$33.8M |
|
271
Visa
V
$693B
| $60.2M | 0.11% |
811,987
-72,002
| -8% | -$5.64M |
|
272
Hershey
HSY
$37.5B
| $59.7M | 0.11% |
525,649
+225,529
| +75% | +$21.1M |
|
273
Teradyne
TER
$58.7B
| $59.6M | 0.11% |
3,028,491
-103,434
| -3% | -$2.04M |
|
274
Snap-on
SNA
$20.3B
| $59.6M | 0.11% |
377,636
-38,357
| -9% | -$6.09M |
|
|
DF
275
DELISTED
Dean Foods Company
DF
| $59.4M | 0.1% |
3,285,983
+673,274
| +26% | +$11.9M |
|
Similar funds
Cliff Asness's Q2 2016 Portfolio in Review
As of Q2 2016, Cliff Asness held 2,362 positions worth $56.7B, up 1.9% from $55.6B the previous quarter. Its ten largest holdings account for 8.7% of the portfolio.
Cliff Asness's Q2 2016 filing shows 158 new, 1,005 increased, 951 reduced and 174 closed positions. Its largest new stake was S&P Global: 466,444 shares worth $50M. The largest sale was Nike, an estimated $129M.
By sector, the portfolio is most concentrated in Technology at 14% of assets, down from 15% a quarter earlier, followed by Financials and Industrials.
- Cliff Asness's largest Q2 2016 buy was S&P Global: 466,444 shares worth $50M.
- Cliff Asness added most to FirstEnergy in Q2 2016, an estimated $185M increase.
- Cliff Asness's biggest Q2 2016 reduction was Nike, cutting an estimated $129M.
- Cliff Asness fully exited TIME WARNER CABLE INC NEW COM STK in Q2 2016, selling an estimated $59.8M.
- Cliff Asness's ten largest holdings make up 8.7% of its $56.7B portfolio in Q2 2016.
- Cliff Asness opened 158 new positions and closed 174 in Q2 2016.
- Cliff Asness's portfolio value rose 1.9% quarter-over-quarter to $56.7B.
Based on AQR Capital Management's 13F filing for Q2 2016, filed 15 Aug 2016.