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 |
ExxonMobil
XOM
|
+$337M |
| 2 |
Pfizer
PFE
|
+$315M |
| 3 |
Chevron
CVX
|
+$266M |
| 4 |
Procter & Gamble
PG
|
+$236M |
| 5 |
JPMorgan Chase
JPM
|
+$221M |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 14.59% |
| 2 | Healthcare | 13.11% |
| 3 | Technology | 12.26% |
| 4 | Consumer Discretionary | 9.3% |
| 5 | Industrials | 8.83% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Northrop Grumman
NOC
$78.3B
| $147M | 0.52% |
+1,774,086
| New | +$138M |
|
27
Kimberly-Clark
KMB
$36.4B
| $141M | 0.5% |
+1,517,398
| New | +$146M |
|
|
HCBK
28
DELISTED
HUDSON CITY BANCORP INC
HCBK
| $141M | 0.5% |
+15,366,307
| New | +$130M |
|
29
KeyCorp
KEY
$23.3B
| $137M | 0.49% |
+12,395,419
| New | +$127M |
|
|
DFS
30
DELISTED
Discover Financial Services
DFS
| $133M | 0.47% |
+2,799,404
| New | +$128M |
|
31
Tyson Foods
TSN
$20.6B
| $127M | 0.45% |
+4,952,560
| New | +$123M |
|
32
Verizon
VZ
$205B
| $123M | 0.44% |
+2,440,622
| New | +$125M |
|
33
Berkshire Hathaway Class B
BRK.B
$1.06T
| $121M | 0.43% |
+1,083,860
| New | +$119M |
|
34
Coca-Cola
KO
$392B
| $121M | 0.43% |
+3,008,902
| New | +$125M |
|
|
NYX
35
DELISTED
NYSE EURONEXT INC
NYX
| $120M | 0.42% |
+2,891,980
| New | +$115M |
|
|
HES
36
DELISTED
Hess
HES
| $118M | 0.42% |
+1,775,530
| New | +$123M |
|
37
Travelers Companies
TRV
$75.8B
| $117M | 0.42% |
+1,467,093
| New | +$123M |
|
38
Medtronic
MDT
$119B
| $117M | 0.41% |
+2,266,615
| New | +$112M |
|
39
Gen Digital
GEN
$17.3B
| $116M | 0.41% |
+5,160,000
| New | +$121M |
|
40
Home Depot
HD
$335B
| $115M | 0.41% |
+1,489,687
| New | +$112M |
|
|
MRO
41
DELISTED
Marathon Oil Corporation
MRO
| $115M | 0.41% |
+3,330,468
| New | +$113M |
|
|
CELG
42
DELISTED
Celgene Corp
CELG
| $114M | 0.41% |
+1,955,762
| New | +$118M |
|
43
Boston Scientific
BSX
$73B
| $114M | 0.4% |
+12,257,300
| New | +$104M |
|
|
WCRX
44
DELISTED
WARNER CHILCOTT PLC ORD SHS CL A (IRL)
WCRX
| $112M | 0.4% |
+5,631,609
| New | +$95.4M |
|
|
MON
45
DELISTED
Monsanto Co
MON
| $108M | 0.38% |
+1,093,450
| New | +$115M |
|
|
GAP
46
The Gap Inc
GAP
$7.13B
| $107M | 0.38% |
+2,569,489
| New | +$101M |
|
|
CSC
47
DELISTED
Computer Sciences
CSC
| $104M | 0.37% |
+5,632,622
| New | +$109M |
|
48
IBM
IBM
$222B
| $102M | 0.36% |
+557,366
| New | +$109M |
|
49
Cisco
CSCO
$438B
| $101M | 0.36% |
+4,171,309
| New | +$93.9M |
|
50
Accenture
ACN
$113B
| $101M | 0.36% |
+1,400,943
| New | +$111M |
|
Similar funds
Cliff Asness's Q2 2013 Portfolio in Review
Q2 2013 is the first quarter with a 13F filing on record for Cliff Asness, which disclosed 2,329 positions worth $28.2B. Its ten largest holdings account for 8.5% of the portfolio.
Its largest position is ExxonMobil: 3,744,346 shares worth $338M.
By sector, the portfolio is most concentrated in Financials at 15% of assets, followed by Healthcare and Technology.
- Cliff Asness's largest Q2 2013 buy was ExxonMobil: 3,744,346 shares worth $338M.
- Cliff Asness's ten largest holdings make up 8.5% of its $28.2B portfolio in Q2 2013.
- Cliff Asness disclosed 2,329 positions in Q2 2013, its first 13F filing on record.
Based on AQR Capital Management's 13F filing for Q2 2013, filed 14 Aug 2013.