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 | |
|---|---|---|---|---|---|---|
2901
Lifezone Metals
LZM
$392M
| $1.2M | ﹤0.01% |
308,983
+238,150
| +336% | +$1.11M |
|
2902
iMGP DBi Managed Futures Strategy ETF
DBMF
$4.21B
| $1.2M | ﹤0.01% |
39,068
+15,709
| +67% | +$483K |
|
2903
Lexeo Therapeutics
LXEO
$400M
| $1.19M | ﹤0.01% |
256,661
-82,962
| -24% | -$449K |
|
2904
Main Street Capital
MAIN
$5.45B
| $1.19M | ﹤0.01% |
23,028
+5,680
| +33% | +$299K |
|
2905
Loar Holdings
LOAR
$7.03B
| $1.19M | ﹤0.01% |
+14,802
| New | +$944K |
|
2906
Vanguard S&P Mid-Cap 400 Value ETF
IVOV
$1.35B
| $1.19M | ﹤0.01% |
10,443
+460
| +5% | +$50.2K |
|
2907
BRC Inc
BRCC
$22M
| $1.19M | ﹤0.01% |
1,073,052
+229,627
| +27% | +$284K |
|
2908
Epsilon Energy
EPSN
$170M
| $1.19M | ﹤0.01% |
219,969
+140,552
| +177% | +$833K |
|
2909
CorMedix
CRMD
$639M
| $1.19M | ﹤0.01% |
151,435
-83,249
| -35% | -$658K |
|
2910
Tootsie Roll Industries
TR
$3.08B
| $1.19M | ﹤0.01% |
30,031
+2,727
| +10% | +$110K |
|
2911
RE/MAX Holdings
RMAX
$290M
| $1.19M | ﹤0.01% |
120,259
-231,302
| -66% | -$2.02M |
|
2912
Graham Corp
GHM
$1.19B
| $1.18M | ﹤0.01% |
9,505
+600
| +7% | +$59.5K |
|
2913
Fidelity Value Factor ETF
FVAL
$1.36B
| $1.17M | ﹤0.01% |
15,023
+2,644
| +21% | +$202K |
|
2914
Hippo Holdings
HIPO
$874M
| $1.17M | ﹤0.01% |
41,429
+427
| +1% | +$11.4K |
|
2915
ATN International
ATNI
$477M
| $1.17M | ﹤0.01% |
44,179
+33,135
| +300% | +$901K |
|
2916
NVE Corp
NVEC
$532M
| $1.17M | ﹤0.01% |
11,192
+2,394
| +27% | +$218K |
|
2917
InnovAge Holding
INNV
$1.49B
| $1.17M | ﹤0.01% |
98,525
+60,871
| +162% | +$498K |
|
2918
Virtus InfraCap US Preferred Stock ETF
PFFA
$2.5B
| $1.16M | ﹤0.01% |
+56,430
| New | +$1.2M |
|
|
RWT
2919
Redwood Trust
RWT
$603M
| $1.16M | ﹤0.01% |
244,041
+114,107
| +88% | +$620K |
|
|
GLXY
2920
Galaxy Digital Inc
GLXY
$4.59B
| $1.15M | ﹤0.01% |
42,230
-13,895
| -25% | -$387K |
|
2921
Global X Uranium ETF
URA
$6.46B
| $1.15M | ﹤0.01% |
+26,405
| New | +$1.34M |
|
|
PSIX
2922
Power Solutions International
PSIX
$840M
| $1.15M | ﹤0.01% |
29,658
+1,530
| +5% | +$84.1K |
|
2923
GXO Logistics
GXO
$5.24B
| $1.15M | ﹤0.01% |
22,748
-1,679
| -7% | -$87K |
|
2924
Atea Pharmaceuticals
AVIR
$436M
| $1.15M | ﹤0.01% |
247,710
+201,601
| +437% | +$1M |
|
2925
AppFolio
APPF
$7.95B
| $1.15M | ﹤0.01% |
7,244
-7,110
| -50% | -$1.14M |
|
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.