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 | |
|---|---|---|---|---|---|---|
2951
OneWater Marine
ONEW
$198M
| $1.11M | ﹤0.01% |
98,238
+34,483
| +54% | +$371K |
|
2952
MVB Financial
MVBF
$396M
| $1.11M | ﹤0.01% |
38,132
+5,507
| +17% | +$146K |
|
2953
Shenandoah Telecom
SHEN
$683M
| $1.1M | ﹤0.01% |
+73,134
| New | +$1.15M |
|
|
RAPP
2954
Rapport Therapeutics
RAPP
$2.31B
| $1.1M | ﹤0.01% |
26,454
+944
| +4% | +$34.7K |
|
2955
Acacia Research
ACTG
$440M
| $1.1M | ﹤0.01% |
236,392
+154,684
| +189% | +$743K |
|
2956
Oak Valley Bancorp
OVLY
$291M
| $1.1M | ﹤0.01% |
32,551
+12,929
| +66% | +$436K |
|
2957
Kymera Therapeutics
KYMR
$9.96B
| $1.09M | ﹤0.01% |
9,541
-6,410
| -40% | -$551K |
|
2958
Fidelity Total Bond ETF
FBND
$27.3B
| $1.09M | ﹤0.01% |
24,005
+3,835
| +19% | +$175K |
|
2959
Vanguard S&P Small-Cap 600 ETF
VIOO
$4.28B
| $1.09M | ﹤0.01% |
7,935
+4,059
| +105% | +$515K |
|
|
TWO
2960
Two Harbors Investment
TWO
$1.27B
| $1.09M | ﹤0.01% |
87,661
-36,992
| -30% | -$443K |
|
2961
Groupon
GRPN
$797M
| $1.08M | ﹤0.01% |
45,075
+24,841
| +123% | +$410K |
|
|
AAEQ
2962
Alpha Architect US Equity 2 ETF
AAEQ
$509M
| $1.08M | ﹤0.01% |
20,340
-1,612
| -7% | -$83.4K |
|
2963
INmune Bio
INMB
$64.4M
| $1.08M | ﹤0.01% |
662,218
+391,901
| +145% | +$542K |
|
2964
Futu Holdings
FUTU
$17.3B
| $1.08M | ﹤0.01% |
11,508
-18,297
| -61% | -$2.34M |
|
2965
Invesco Large Cap Value ETF
PWV
$1.85B
| $1.08M | ﹤0.01% |
14,224
| – | – |
|
2966
Vanguard Tax-Exempt Bond Index Fund
VTEB
$45.8B
| $1.08M | ﹤0.01% |
21,283
-2,668
| -11% | -$134K |
|
2967
CarGurus
CARG
$3.28B
| $1.07M | ﹤0.01% |
31,505
-116,578
| -79% | -$3.78M |
|
2968
Sabesp
SBS
$16.2B
| $1.07M | ﹤0.01% |
185,368
+20,183
| +12% | +$122K |
|
2969
Inhibrx
INBX
$1.53B
| $1.07M | ﹤0.01% |
11,247
+2,867
| +34% | +$287K |
|
2970
Rush Enterprises Class B
RUSHB
$8.58B
| $1.06M | ﹤0.01% |
13,916
+3,424
| +33% | +$239K |
|
2971
BlackRock Flexible Income ETF
BINC
$16.5B
| $1.06M | ﹤0.01% |
20,251
-555
| -3% | -$29K |
|
2972
LCNB Corp
LCNB
$277M
| $1.06M | ﹤0.01% |
60,253
+21,593
| +56% | +$360K |
|
2973
Apogee Therapeutics
APGE
$10.2B
| $1.06M | ﹤0.01% |
7,958
-69
| -0.9% | -$6.22K |
|
2974
TPG
TPG
$8.74B
| $1.06M | ﹤0.01% |
26,377
-9,868
| -27% | -$415K |
|
|
CAI
2975
Caris Life Sciences
CAI
$7.42B
| $1.05M | ﹤0.01% |
59,103
+30,109
| +104% | +$539K |
|
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.