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 | |
|---|---|---|---|---|---|---|
|
AIRO
2801
AIRO Group Holdings
AIRO
$271M
| $1.49M | ﹤0.01% |
201,612
+130,532
| +184% | +$1.02M |
|
2802
WisdomTree US Total Dividend Fund
DTD
$1.67B
| $1.49M | ﹤0.01% |
15,970
-150
| -0.9% | -$13.7K |
|
2803
Nature's Sunshine
NATR
$252M
| $1.49M | ﹤0.01% |
68,255
-66,703
| -49% | -$1.56M |
|
|
ITIC
2804
Investors Title Co
ITIC
$546M
| $1.49M | ﹤0.01% |
5,429
+3,520
| +184% | +$853K |
|
2805
Schwab Municipal Bond ETF
SCMB
$4B
| $1.49M | ﹤0.01% |
57,515
-7,597
| -12% | -$195K |
|
2806
Sprott Junior Uranium Miners ETF
URNJ
$388M
| $1.48M | ﹤0.01% |
63,726
| – | – |
|
2807
TFS Financial
TFSL
$4.95B
| $1.48M | ﹤0.01% |
84,289
+31,351
| +59% | +$489K |
|
2808
Skillsoft
SKIL
$74.3M
| $1.47M | ﹤0.01% |
283,513
+147,260
| +108% | +$980K |
|
|
ORBS
2809
Eightco Holdings
ORBS
$341M
| $1.47M | ﹤0.01% |
2,110,175
+193,684
| +10% | +$174K |
|
2810
Phathom Pharmaceuticals
PHAT
$718M
| $1.46M | ﹤0.01% |
134,901
+79,433
| +143% | +$906K |
|
2811
Kontoor Brands
KTB
$4.48B
| $1.44M | ﹤0.01% |
17,296
+505
| +3% | +$36.8K |
|
2812
Cambria Shareholder Yield ETF
SYLD
$1.03B
| $1.44M | ﹤0.01% |
18,148
+1,084
| +6% | +$84.9K |
|
|
OSG
2813
Octave Specialty Group
OSG
$205M
| $1.43M | ﹤0.01% |
229,890
+180,062
| +361% | +$938K |
|
2814
Acadia Realty Trust
AKR
$2.89B
| $1.43M | ﹤0.01% |
68,570
+20,511
| +43% | +$439K |
|
2815
Peoples Financial Services
PFIS
$702M
| $1.43M | ﹤0.01% |
21,565
+11,267
| +109% | +$668K |
|
2816
OraSure Technologies
OSUR
$268M
| $1.43M | ﹤0.01% |
319,843
-11,058
| -3% | -$39.1K |
|
2817
Fulgent Genetics
FLGT
$548M
| $1.43M | ﹤0.01% |
69,453
+40,009
| +136% | +$678K |
|
2818
New Fortress Energy
NFE
$78.5M
| $1.42M | ﹤0.01% |
3,912,973
+1,533,316
| +64% | +$912K |
|
2819
Invesco Dorsey Wright SmallCap Momentum ETF
DWAS
$434M
| $1.42M | ﹤0.01% |
11,151
+798
| +8% | +$90.6K |
|
2820
Innovator US Equity Power Buffer ETF January
PJAN
$1.43B
| $1.42M | ﹤0.01% |
28,667
+536
| +2% | +$26.1K |
|
2821
Hertz
HTZ
$802M
| $1.42M | ﹤0.01% |
648,814
+374,877
| +137% | +$2.05M |
|
2822
Innovator US Equity Power Buffer ETF March
PMAR
$769M
| $1.41M | ﹤0.01% |
29,611
-991
| -3% | -$46.6K |
|
2823
JPMorgan Ultra-Short Municipal Income ETF
JMST
$7.17B
| $1.41M | ﹤0.01% |
27,686
-857
| -3% | -$43.6K |
|
2824
iShares Expanded Tech-Software Sector ETF
IGV
$14.3B
| $1.41M | ﹤0.01% |
15,513
-2,633
| -15% | -$234K |
|
2825
State Street SPDR S&P Aerospace & Defense ETF
XAR
$6.19B
| $1.4M | ﹤0.01% |
4,949
+1,047
| +27% | +$283K |
|
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.