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 | |
|---|---|---|---|---|---|---|
576
Assured Guaranty
AGO
$3.28B
| $112M | 0.04% |
1,395,148
+534,708
| +62% | +$42.2M |
|
577
Vanguard Morningstar Growth ETF
VUG
$224B
| $111M | 0.04% |
1,292,359
+302,923
| +31% | +$25.5M |
|
578
Freshworks
FRSH
$3.45B
| $111M | 0.04% |
10,981,842
+6,227,614
| +131% | +$55.5M |
|
579
Cemex
CX
$16B
| $111M | 0.04% |
9,217,342
+4,478,962
| +95% | +$55.6M |
|
580
Ovintiv
OVV
$18.2B
| $110M | 0.04% |
2,097,841
-421,590
| -17% | -$24.1M |
|
581
Saia
SAIA
$9.36B
| $110M | 0.04% |
264,432
+156,174
| +144% | +$68.6M |
|
582
Dentsply Sirona
XRAY
$2.18B
| $110M | 0.04% |
10,458,771
+6,493,548
| +164% | +$70.9M |
|
583
DuPont de Nemours
DD
$18.4B
| $110M | 0.04% |
811,320
-3,079
| -0.4% | -$437K |
|
584
Raymond James Financial
RJF
$33.9B
| $109M | 0.04% |
719,592
-74,271
| -9% | -$11.3M |
|
585
Pinterest
PINS
$13.2B
| $109M | 0.04% |
5,199,935
+1,145,529
| +28% | +$23M |
|
586
Olin
OLN
$2.01B
| $109M | 0.04% |
5,510,335
+4,344,109
| +372% | +$114M |
|
587
Omega Healthcare
OHI
$14.1B
| $109M | 0.04% |
2,290,479
-67,949
| -3% | -$3.15M |
|
588
Pentair
PNR
$10.2B
| $109M | 0.04% |
1,419,576
+872,364
| +159% | +$69M |
|
589
Alamos Gold
AGI
$16.1B
| $108M | 0.04% |
3,564,109
+1,310,284
| +58% | +$53.1M |
|
590
Nucor
NUE
$55.3B
| $108M | 0.04% |
484,632
-128,259
| -21% | -$29M |
|
591
Flowserve
FLS
$10.2B
| $108M | 0.04% |
1,493,437
-608,515
| -29% | -$46.3M |
|
592
Amgen
AMGN
$241B
| $108M | 0.04% |
300,007
+147,785
| +97% | +$50.6M |
|
593
First Industrial Realty Trust
FR
$8.4B
| $107M | 0.04% |
1,752,307
-112,403
| -6% | -$6.96M |
|
594
Wyndham Hotels & Resorts
WH
$5.51B
| $107M | 0.04% |
1,275,718
+1,179,728
| +1,229% | +$97.8M |
|
595
Vanguard FTSE Developed Markets ETF
VEA
$238B
| $107M | 0.04% |
1,507,164
+355,977
| +31% | +$24.8M |
|
596
Ameren
AEE
$29.6B
| $107M | 0.04% |
944,272
-678,379
| -42% | -$75M |
|
597
Envista
NVST
$4.41B
| $106M | 0.04% |
4,023,691
+1,405,574
| +54% | +$35.5M |
|
598
Welltower
WELL
$173B
| $106M | 0.04% |
467,445
+37,149
| +9% | +$7.85M |
|
599
New Jersey Resources
NJR
$5.44B
| $106M | 0.04% |
1,887,829
+723,414
| +62% | +$40.5M |
|
|
PPL
600
PPL Corp
PPL
$26.3B
| $105M | 0.04% |
2,901,063
+2,210,851
| +320% | +$81.7M |
|
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.