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 | |
|---|---|---|---|---|---|---|
3251
Babcock & Wilcox
BW
$1.23B
| $657K | ﹤0.01% |
+46,592
| New | +$791K |
|
3252
Huron Consulting
HURN
$2.57B
| $656K | ﹤0.01% |
7,273
-2,391
| -25% | -$274K |
|
3253
WisdomTree Global ex-U.S. Quality Growth Fund
DNL
$502M
| $655K | ﹤0.01% |
14,180
+4,100
| +41% | +$182K |
|
3254
Aurora
AUR
$12.5B
| $655K | ﹤0.01% |
96,406
-1,694,266
| -95% | -$10.4M |
|
3255
Green Dot
GDOT
$766M
| $653K | ﹤0.01% |
48,360
-84,896
| -64% | -$1.06M |
|
3256
Bel Fuse Inc Class A
BELFA
$3.09B
| $651K | ﹤0.01% |
2,235
+2
| +0.1% | +$486 |
|
|
INVX
3257
Innovex International
INVX
$2.05B
| $651K | ﹤0.01% |
26,243
-34,467
| -57% | -$937K |
|
|
SEVN
3258
Seven Hills Realty Trust
SEVN
$174M
| $651K | ﹤0.01% |
77,199
+61,218
| +383% | +$511K |
|
3259
Mistras Group
MG
$604M
| $651K | ﹤0.01% |
37,245
+16,236
| +77% | +$289K |
|
3260
Nano X Imaging
NNOX
$67.6M
| $650K | ﹤0.01% |
560,599
+65,904
| +13% | +$124K |
|
3261
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$14.7B
| $647K | ﹤0.01% |
6,711
+1,275
| +23% | +$122K |
|
3262
SK Telecom
SKM
$15.5B
| $647K | ﹤0.01% |
+20,110
| New | +$744K |
|
3263
Alpha Teknova
TKNO
$395M
| $646K | ﹤0.01% |
113,774
+47,369
| +71% | +$188K |
|
3264
iShares MSCI EAFE Min Vol Factor ETF
EFAV
$5.54B
| $645K | ﹤0.01% |
7,352
-1,458
| -17% | -$132K |
|
3265
NET Power
NPWR
$150M
| $643K | ﹤0.01% |
385,283
+231,790
| +151% | +$420K |
|
|
ABX
3266
Abacus Global Management
ABX
$945M
| $642K | ﹤0.01% |
59,920
+2,749
| +5% | +$25.1K |
|
3267
Willis Lease Finance
WLFC
$1.15B
| $641K | ﹤0.01% |
8,403
+1,209
| +17% | +$79K |
|
3268
WisdomTree US SmallCap Earnings Fund
EES
$726M
| $639K | ﹤0.01% |
9,421
+2,701
| +40% | +$171K |
|
3269
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3.86B
| $635K | ﹤0.01% |
5,321
+21
| +0.4% | +$2.37K |
|
3270
Peoples Bancorp of North Carolina
PEBK
$236M
| $634K | ﹤0.01% |
14,716
+7,047
| +92% | +$293K |
|
3271
Foster
FSTR
$401M
| $632K | ﹤0.01% |
13,998
+6,061
| +76% | +$226K |
|
3272
iShares US Treasury Bond ETF
GOVT
$43.8B
| $632K | ﹤0.01% |
27,747
+4,595
| +20% | +$105K |
|
3273
Driven Brands
DRVN
$2.17B
| $631K | ﹤0.01% |
45,740
-44,227
| -49% | -$582K |
|
3274
Joby Aviation
JOBY
$7.45B
| $631K | ﹤0.01% |
70,702
-96,631
| -58% | -$934K |
|
|
RPT
3275
Rithm Property Trust
RPT
$103M
| $630K | ﹤0.01% |
43,778
+32,140
| +276% | +$464K |
|
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.