We are live on ! Find out more
Cliff Asness

Cliff Asness AQR Capital Management

AUM $287B Turnover 8.35%
1-Year Est. Return 42.33%
 

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.

This Fund
S&P 500
This Quarter Est. Return
+22.95%
1 Year Est. Return
+42.33%
3 Year Est. Return
+119.89%
5 Year Est. Return
+147.33%
10 Year Est. Return
+543.74%
AUM
$287B
AUM Growth
+$68.5B
Cap. Flow
+$37.5B
Cap. Flow %
13.08%
Top 10 Hldgs %
12.15%
Holding
3,986
New
247
Increased
2,455
Reduced
1,098
Closed
86
Avg Time Held
4.1 years
Top 10 Avg Time Held
3.3 years
Top 20 Avg Time Held
2.3 years

Top Buys

Rank Stock Value
1
NVDA icon
NVIDIA
NVDA
+$1.17B
2
AAPL icon
Apple
AAPL
+$849M
3
CVX icon
Chevron
CVX
+$746M
4
SNPS icon
Synopsys
SNPS
+$643M
5
WFC icon
Wells Fargo
WFC
+$633M

Top Sells

Rank Stock Value
1
MU icon
Micron Technology
MU
+$517M
2
BKNG icon
Booking.com
BKNG
+$488M
3
WMT icon
Walmart Inc
WMT
+$414M
4
SNDK icon
Sandisk
SNDK
+$355M
5
CI icon
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 Held Since
AFCG icon
3901
AFC Gamma
AFCG
$67M
– –
-17,989
Closed -$50.7K –
AL icon
3902
DELISTED
Air Lease Corp
AL
– –
-1,966,418
Closed -$128M –
AMWD icon
3903
DELISTED
American Woodmark
AMWD
– –
-7,779
Closed -$310K –
APLS icon
3904
DELISTED
Apellis Pharmaceuticals
APLS
– –
-427,970
Closed -$17.2M –
ASND icon
3905
Ascendis Pharma A/S
ASND
$16.1B
– –
-1,537
Closed -$352K –
ATHM icon
3906
Autohome
ATHM
$2.35B
– –
-292,564
Closed -$5.08M –
BLFY icon
3907
DELISTED
Blue Foundry Bancorp
BLFY
– –
-16,605
Closed -$220K –
CRBU icon
3908
Caribou Biosciences
CRBU
$52.8M
– –
-15,678
Closed -$29.8K –
CSGS icon
3909
DELISTED
CSG Systems International
CSGS
– –
-49,948
Closed -$3.99M –
CTLP icon
3910
DELISTED
Cantaloupe
CTLP
– –
-45,725
Closed -$494K –
CTRA icon
3911
DELISTED
Coterra Energy
CTRA
– –
-3,119,108
Closed -$110M –
CVGW icon
3912
DELISTED
Calavo Growers
CVGW
– –
-98,982
Closed -$2.55M –
CWAN icon
3913
DELISTED
Clearwater Analytics
CWAN
– –
-302,752
Closed -$7.16M –
CWEN.A icon
3914
DELISTED
Clearway Energy Class A
CWEN.A
– –
-47,053
Closed -$1.84M –
DAWN icon
3915
DELISTED
Day One Biopharmaceuticals
DAWN
– –
-444,467
Closed -$9.5M –
DHIL icon
3916
DELISTED
Diamond Hill
DHIL
– –
-43,143
Closed -$7.42M –
DSGR icon
3917
Distribution Solutions Group
DSGR
$1.62B
– –
-13,592
Closed -$357K –
EHAB icon
3918
DELISTED
Enhabit
EHAB
– –
-460,982
Closed -$6.5M –
ESPR icon
3919
DELISTED
Esperion Therapeutics
ESPR
– –
-314,866
Closed -$863K –
EWCZ icon
3920
DELISTED
European Wax Center
EWCZ
– –
-696,364
Closed -$4.02M –
EWZ icon
3921
iShares MSCI Brazil ETF
EWZ
$11.2B
– –
-7,750
Closed -$285K –
EYPT icon
3922
EyePoint Inc
EYPT
$31.5M
– –
-17,712
Closed -$228K –
FFIC icon
3923
DELISTED
Flushing Financial
FFIC
– –
-780,266
Closed -$12M –
FFWM icon
3924
DELISTED
First Foundation Inc
FFWM
– –
-85,304
Closed -$503K –
FOLD icon
3925
DELISTED
Amicus Therapeutics
FOLD
– –
-733,198
Closed -$10.6M –
155 156
157
158 159

Similar funds

BNP Paribas Financial Markets
BNP Paribas Financial Markets Paris, France $289B AUM 60.46% 1-Year Est. Return
Millennium Management
Millennium Management New York $276B AUM 44.8% 1-Year Est. Return
Berkshire Hathaway
Berkshire Hathaway Omaha, Nebraska $299B AUM 27.55% 1-Year Est. Return
AllianceBernstein
AllianceBernstein Nashville, Tennessee $302B AUM 26.44% 1-Year Est. Return
Citigroup
Citigroup New York $303B AUM 53.02% 1-Year Est. Return
Bank of Montreal
Bank of Montreal Toronto, Ontario, Canada $304B AUM 35.64% 1-Year Est. Return
Massachusetts Financial Services
Massachusetts Financial Services Boston, Massachusetts $315B AUM 27.84% 1-Year Est. Return
CTC (Chicago Trading Company)
CTC (Chicago Trading Company) Chicago, Illinois $316B AUM 71.57% 1-Year Est. Return

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.