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 | |
|---|---|---|---|---|---|---|
501
Roku
ROKU
$23.4B
| $143M | 0.05% |
1,043,354
-739,379
| -41% | -$90.2M |
|
502
Clean Harbors
CLH
$16.7B
| $143M | 0.05% |
478,075
+297,407
| +165% | +$87.9M |
|
503
Southwest Gas
SWX
$6.44B
| $142M | 0.05% |
1,603,686
+439,708
| +38% | +$39.3M |
|
504
CMS Energy
CMS
$21.4B
| $142M | 0.05% |
1,857,999
+1,059,542
| +133% | +$79.4M |
|
505
Ingredion
INGR
$6.74B
| $142M | 0.05% |
1,500,165
-705,809
| -32% | -$74.6M |
|
506
Invitation Homes
INVH
$17.9B
| $141M | 0.05% |
4,684,578
+689,672
| +17% | +$19.5M |
|
507
W.W. Grainger
GWW
$61.8B
| $141M | 0.05% |
103,592
+2,066
| +2% | +$2.55M |
|
508
SiteOne Landscape Supply
SITE
$4.19B
| $140M | 0.05% |
1,234,583
-1,038,242
| -46% | -$125M |
|
509
Ryder
R
$9.58B
| $139M | 0.05% |
525,852
-206,246
| -28% | -$50.4M |
|
510
Planet Fitness
PLNT
$4.09B
| $138M | 0.05% |
2,640,170
+1,482,920
| +128% | +$87M |
|
511
Home BancShares
HOMB
$6.06B
| $138M | 0.05% |
4,820,427
+3,198,474
| +197% | +$86.9M |
|
512
CNO Financial Group
CNO
$4.95B
| $137M | 0.05% |
2,695,882
+1,175,283
| +77% | +$54.6M |
|
513
Valley National Bancorp
VLY
$7.82B
| $137M | 0.05% |
9,390,111
-902,716
| -9% | -$12.3M |
|
514
CNA Financial
CNA
$13.3B
| $137M | 0.05% |
2,826,611
-211,560
| -7% | -$9.63M |
|
515
Liberty Global Class A
LBTYA
$3.63B
| $136M | 0.05% |
11,991,377
-34,406
| -0.3% | -$411K |
|
516
O'Reilly Automotive
ORLY
$72.1B
| $136M | 0.05% |
1,486,886
-616,139
| -29% | -$56.2M |
|
517
Federated Hermes
FHI
$4.76B
| $136M | 0.05% |
2,460,945
-122,502
| -5% | -$6.93M |
|
518
Infosys
INFY
$48.4B
| $136M | 0.05% |
12,989,906
+5,339,614
| +70% | +$66.9M |
|
519
Chord Energy
CHRD
$8.09B
| $135M | 0.05% |
1,184,466
+24,640
| +2% | +$3.34M |
|
520
Intuitive Surgical
ISRG
$134B
| $134M | 0.05% |
336,780
+77,896
| +30% | +$34M |
|
|
SOLS
521
Solstice Advanced Materials
SOLS
$8.92B
| $134M | 0.05% |
1,539,974
+832,477
| +118% | +$68.7M |
|
522
Mercado Libre
MELI
$97.5B
| $133M | 0.05% |
79,422
+33,464
| +73% | +$57.1M |
|
523
Honeywell
HON
$68.4B
| $133M | 0.05% |
595,197
-826,189
| -58% | -$184M |
|
524
Amdocs
DOX
$6.41B
| $133M | 0.05% |
2,630,027
+342,599
| +15% | +$21M |
|
525
Schwab US Large- Cap ETF
SCHX
$73.9B
| $133M | 0.05% |
4,515,858
+528,192
| +13% | +$15.1M |
|
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.