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 | |
|---|---|---|---|---|---|---|
|
AEBI
3451
Aebi Schmidt Holding AG
AEBI
$956M
| $436K | ﹤0.01% |
34,746
-19,347
| -36% | -$229K |
|
3452
Fidelity MSCI Health Care Index ETF
FHLC
$3.54B
| $436K | ﹤0.01% |
+5,640
| New | +$405K |
|
3453
Vanguard Russell 2000 Value ETF
VTWV
$1.36B
| $435K | ﹤0.01% |
2,228
+389
| +21% | +$71.8K |
|
3454
Prime Medicine
PRME
$615M
| $435K | ﹤0.01% |
117,998
-436,937
| -79% | -$1.45M |
|
3455
WisdomTree International SmallCap Dividend Fund
DLS
$1.08B
| $435K | ﹤0.01% |
5,191
-210
| -4% | -$18.1K |
|
3456
OneAscent Large Cap Core ETF
OALC
$259M
| $434K | ﹤0.01% |
+10,582
| New | +$413K |
|
3457
Hagerty
HGTY
$1.34B
| $434K | ﹤0.01% |
36,414
+14,739
| +68% | +$158K |
|
3458
NuScale Power
SMR
$3.86B
| $433K | ﹤0.01% |
43,148
+27,873
| +182% | +$314K |
|
3459
Horizon Technology Finance
HRZN
$323M
| $432K | ﹤0.01% |
91,368
+58,350
| +177% | +$252K |
|
3460
iShares iBonds Dec 2033 Term Treasury ETF
IBTO
$464M
| $430K | ﹤0.01% |
17,826
| – | – |
|
3461
iShares 10-20 Year Treasury Bond ETF
TLH
$10.9B
| $430K | ﹤0.01% |
4,284
+1,496
| +54% | +$149K |
|
3462
Carlyle Secured Lending
CGBD
$781M
| $428K | ﹤0.01% |
40,673
-518
| -1% | -$5.77K |
|
3463
Immunovant
IMVT
$9.16B
| $427K | ﹤0.01% |
+11,082
| New | +$338K |
|
3464
OPAL Fuels
OPAL
$64.4M
| $426K | ﹤0.01% |
193,801
+129,582
| +202% | +$285K |
|
|
LIF
3465
Life360
LIF
$3.64B
| $425K | ﹤0.01% |
7,683
+698
| +10% | +$31K |
|
3466
SEACOR Marine Holdings
SMHI
$270M
| $425K | ﹤0.01% |
+55,555
| New | +$412K |
|
3467
RGC Resources
RGCO
$229M
| $424K | ﹤0.01% |
17,744
+7,673
| +76% | +$177K |
|
|
IMSR
3468
Terrestrial Energy
IMSR
$590M
| $423K | ﹤0.01% |
+59,777
| New | +$442K |
|
|
MDLN
3469
Medline Inc
MDLN
$30.1B
| $423K | ﹤0.01% |
+10,726
| New | +$432K |
|
|
ARIS
3470
Aris Mining
ARIS
$4.31B
| $422K | ﹤0.01% |
28,299
-11,118
| -28% | -$200K |
|
3471
Vert Global Sustainable Real Estate ETF
VGSR
$542M
| $420K | ﹤0.01% |
36,900
-1,089
| -3% | -$12.2K |
|
3472
National CineMedia
NCMI
$239M
| $420K | ﹤0.01% |
110,532
+53,938
| +95% | +$184K |
|
3473
Baytex Energy
BTE
$3.36B
| $416K | ﹤0.01% |
103,800
-50,650
| -33% | -$234K |
|
3474
Gencor Industries
GENC
$279M
| $416K | ﹤0.01% |
27,870
+5,712
| +26% | +$84.6K |
|
3475
Abeona Therapeutics
ABEO
$348M
| $414K | ﹤0.01% |
67,063
-35,582
| -35% | -$195K |
|
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.