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 | |
|---|---|---|---|---|---|---|
3226
Mayville Engineering Co
MEC
$554M
| $683K | ﹤0.01% |
18,224
-2,159
| -11% | -$57.7K |
|
3227
Citizens Financial Services
CZFS
$393M
| $681K | ﹤0.01% |
9,400
+5,588
| +147% | +$369K |
|
3228
NetEase
NTES
$82.1B
| $681K | ﹤0.01% |
5,314
+2,730
| +106% | +$322K |
|
3229
BlackRock Science and Technology Term Trust
BSTZ
$2.1B
| $679K | ﹤0.01% |
22,618
+7,100
| +46% | +$196K |
|
3230
Itaú Unibanco
ITUB
$82.4B
| $679K | ﹤0.01% |
83,068
-382,645
| -82% | -$3.17M |
|
3231
Evolus
EOLS
$554M
| $677K | ﹤0.01% |
97,563
+71,886
| +280% | +$424K |
|
3232
Oil-Dri
ODC
$1.3B
| $676K | ﹤0.01% |
6,615
+401
| +6% | +$32.1K |
|
3233
Beam Therapeutics
BEAM
$3.07B
| $676K | ﹤0.01% |
19,683
+3,991
| +25% | +$120K |
|
3234
Richmond Mutual Bancorp
RMBI
$254M
| $674K | ﹤0.01% |
+42,471
| New | +$624K |
|
3235
FTAI Infrastructure
FIP
$451M
| $673K | ﹤0.01% |
145,139
+46,565
| +47% | +$232K |
|
3236
Sovereign's Capital Flourish Fund
SOVF
$91M
| $673K | ﹤0.01% |
22,646
| – | – |
|
3237
WisdomTree US LargeCap Fund
EPS
$1.65B
| $672K | ﹤0.01% |
8,637
| – | – |
|
|
BLSH
3238
Bullish
BLSH
$4.61B
| $671K | ﹤0.01% |
28,621
-220,701
| -89% | -$7.67M |
|
3239
Sigma Lithium
SGML
$1.35B
| $671K | ﹤0.01% |
+53,009
| New | +$891K |
|
3240
Clarus
CLAR
$142M
| $670K | ﹤0.01% |
212,840
+122,739
| +136% | +$353K |
|
3241
4D Molecular Therapeutics
FDMT
$875M
| $669K | ﹤0.01% |
50,281
+4,504
| +10% | +$43.9K |
|
3242
Goldman Sachs ETF Trust Goldman Sachs Nasdaq-100 Premium Income ETF
GPIQ
$5.36B
| $668K | ﹤0.01% |
11,269
+807
| +8% | +$45.3K |
|
|
MRDN
3243
Meridian Holdings Inc
MRDN
$179M
| $667K | ﹤0.01% |
+47,926
| New | +$501K |
|
3244
VanEck BDC Income ETF
BIZD
$1.7B
| $663K | ﹤0.01% |
52,394
+21,294
| +68% | +$270K |
|
3245
Heron Therapeutics
HRTX
$60.4M
| $663K | ﹤0.01% |
1,553,857
+912,270
| +142% | +$731K |
|
3246
iShares Currency Hedged MSCI EAFE ETF
HEFA
$7.69B
| $663K | ﹤0.01% |
14,127
-2,014
| -12% | -$90.6K |
|
|
MMD
3247
MainStay MacKay DefinedTerm Municipal Opportunities Fund
MMD
$282M
| $661K | ﹤0.01% |
42,619
+564
| +1% | +$8.57K |
|
3248
Virginia National Bankshares
VABK
$253M
| $658K | ﹤0.01% |
14,833
+3,065
| +26% | +$130K |
|
3249
Butterfly Network
BFLY
$2.54B
| $658K | ﹤0.01% |
78,148
+17,568
| +29% | +$90.9K |
|
3250
Invesco Variable Rate Preferred ETF
VRP
$3.01B
| $657K | ﹤0.01% |
27,025
+4,414
| +20% | +$107K |
|
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.