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 |
Zoom
ZM
|
+$150M |
| 2 |
GoDaddy
GDDY
|
+$129M |
| 3 |
Wynn Resorts
WYNN
|
+$106M |
| 4 |
Assurant
AIZ
|
+$104M |
| 5 |
Centene
CNC
|
+$102M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TSMC
TSM
|
+$672M |
| 2 |
Amgen
AMGN
|
+$200M |
| 3 |
Walmart Inc
WMT
|
+$150M |
| 4 |
Super Micro Computer
SMCI
|
+$141M |
| 5 |
DFS
Discover Financial Services
DFS
|
+$114M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 24.62% |
| 2 | Financials | 13.49% |
| 3 | Consumer Discretionary | 13.4% |
| 4 | Healthcare | 13.12% |
| 5 | Industrials | 12.43% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
376
Palo Alto Networks
PANW
$292B
| $33.2M | 0.06% |
233,594
-110,002
| -32% | -$17.4M |
|
377
Playtika
PLTK
$904M
| $33.2M | 0.06% |
4,704,111
-427,170
| -8% | -$3.15M |
|
378
Invesco
IVZ
$14.1B
| $33M | 0.06% |
1,986,446
+70,687
| +4% | +$1.14M |
|
|
PINC
379
DELISTED
Premier
PINC
| $32.8M | 0.06% |
1,492,382
-123,892
| -8% | -$2.68M |
|
|
JWN
380
DELISTED
Nordstrom
JWN
| $32.7M | 0.06% |
1,629,233
+511,281
| +46% | +$9.67M |
|
|
EFOR
381
Everforth Inc
EFOR
$1.34B
| $32.7M | 0.06% |
313,676
-62,500
| -17% | -$6.04M |
|
382
Hexcel
HXL
$7.1B
| $32.7M | 0.06% |
448,578
+208,679
| +87% | +$15M |
|
383
Edwards Lifesciences
EW
$51.8B
| $32.6M | 0.06% |
342,874
-70,714
| -17% | -$5.94M |
|
384
Globe Life
GL
$13.1B
| $32.5M | 0.06% |
280,209
+139,532
| +99% | +$17.1M |
|
385
PBF Energy
PBF
$8.72B
| $32.4M | 0.06% |
569,932
-347,725
| -38% | -$17M |
|
386
Cirrus Logic
CRUS
$5.78B
| $32.1M | 0.05% |
349,133
-69,847
| -17% | -$6.03M |
|
387
Lennox International
LII
$13.9B
| $32M | 0.05% |
65,693
+29,288
| +80% | +$13.3M |
|
388
Johnson Controls International
JCI
$86.7B
| $31.9M | 0.05% |
490,564
-467,658
| -49% | -$27.2M |
|
389
Ford
F
$57.5B
| $31.9M | 0.05% |
2,411,031
+736,462
| +44% | +$8.93M |
|
390
MDU Resources
MDU
$4.2B
| $31.8M | 0.05% |
2,307,720
-299,420
| -11% | -$3.46M |
|
391
Dow Inc
DOW
$23.4B
| $31.8M | 0.05% |
548,103
+88,874
| +19% | +$4.91M |
|
392
Assured Guaranty
AGO
$3.27B
| $31.6M | 0.05% |
362,696
+35,302
| +11% | +$2.97M |
|
393
Labcorp
LH
$27.3B
| $31.4M | 0.05% |
144,753
+94,557
| +188% | +$20.8M |
|
|
P
394
Everpure Inc
P
$36.1B
| $31.4M | 0.05% |
603,640
-384,553
| -39% | -$17.2M |
|
395
Palantir
PLTR
$432B
| $31.3M | 0.05% |
1,362,233
+1,176,631
| +634% | +$25.1M |
|
396
Graham Holdings Company
GHC
$4.94B
| $31.3M | 0.05% |
41,076
-391
| -0.9% | -$280K |
|
397
Carter's
CRI
$1.31B
| $31.2M | 0.05% |
368,674
-22,837
| -6% | -$1.81M |
|
398
T. Rowe Price
TROW
$23.8B
| $31M | 0.05% |
254,672
+146,807
| +136% | +$16.4M |
|
399
Idexx Laboratories
IDXX
$43.9B
| $31M | 0.05% |
57,369
+42,924
| +297% | +$23.5M |
|
400
Amphenol
APH
$194B
| $30.6M | 0.05% |
531,318
-40,512
| -7% | -$2.12M |
|
Similar funds
Cliff Asness's Q1 2024 Portfolio in Review
As of Q1 2024, Cliff Asness held 2,547 positions worth $58.7B, up 11% from $53.1B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Cliff Asness's Q1 2024 filing shows 225 new, 1,201 increased, 957 reduced and 144 closed positions. Its largest new stake was Snap: 4,386,413 shares worth $50.4M. The largest sale was TSMC, an estimated $672M.
By sector, the portfolio is most concentrated in Technology at 25% of assets, down from 26% a quarter earlier, followed by Financials and Consumer Discretionary.
- Cliff Asness's largest Q1 2024 buy was Snap: 4,386,413 shares worth $50.4M.
- Cliff Asness added most to Zoom in Q1 2024, an estimated $150M increase.
- Cliff Asness's biggest Q1 2024 reduction was TSMC, cutting an estimated $672M.
- Cliff Asness fully exited Splunk Inc in Q1 2024, selling an estimated $9.79M.
- Cliff Asness's ten largest holdings make up 15% of its $58.7B portfolio in Q1 2024.
- Cliff Asness opened 225 new positions and closed 144 in Q1 2024.
- Cliff Asness's portfolio value rose 11% quarter-over-quarter to $58.7B.
Based on AQR Capital Management's 13F filing for Q1 2024, filed 15 May 2024.