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 | |
|---|---|---|---|---|---|---|
651
Healthcare Realty
HR
$6.7B
| $86.5M | 0.03% |
4,287,335
+1,323,240
| +45% | +$25.7M |
|
652
ONE Gas
OGS
$4.97B
| $86.3M | 0.03% |
1,119,752
+613,651
| +121% | +$51M |
|
653
Seaboard Corp
SEB
$4.11B
| $85.9M | 0.03% |
19,246
+11,455
| +147% | +$60M |
|
654
Motorola Solutions
MSI
$79.6B
| $85.9M | 0.03% |
206,880
-126,610
| -38% | -$53M |
|
655
Simon Property Group
SPG
$71.4B
| $85.4M | 0.03% |
381,645
-50,597
| -12% | -$10.4M |
|
656
Goodyear
GT
$1.74B
| $84.8M | 0.03% |
12,862,106
-5,123,244
| -28% | -$33M |
|
657
AptarGroup
ATR
$8.62B
| $84.7M | 0.03% |
680,207
-549,071
| -45% | -$66.6M |
|
658
Dillards
DDS
$9.99B
| $84.4M | 0.03% |
159,685
+34,193
| +27% | +$19.7M |
|
659
Solventum
SOLV
$15.4B
| $83.5M | 0.03% |
1,082,100
+352,055
| +48% | +$25.7M |
|
660
Leidos
LDOS
$17.5B
| $83.5M | 0.03% |
826,507
-45,549
| -5% | -$6.05M |
|
661
DoubleVerify
DV
$2.06B
| $83.4M | 0.03% |
7,784,565
-3,894,678
| -33% | -$40.1M |
|
662
Bank of Montreal
BMO
$121B
| $82.9M | 0.03% |
469,429
+35,221
| +8% | +$5.54M |
|
663
TFI International
TFII
$11.5B
| $81.7M | 0.03% |
570,537
+4,887
| +0.9% | +$690K |
|
664
Penske Automotive Group
PAG
$14.3B
| $81.6M | 0.03% |
456,043
-3,594
| -0.8% | -$601K |
|
665
FirstCash
FCFS
$10B
| $81.5M | 0.03% |
376,814
-102,252
| -21% | -$22.2M |
|
666
Boston Properties
BXP
$11B
| $81.4M | 0.03% |
1,229,773
+1,125,186
| +1,076% | +$67.3M |
|
667
Regions Financial
RF
$26.4B
| $81.2M | 0.03% |
2,687,455
-383,239
| -12% | -$10.8M |
|
|
MPT
668
Medical Properties Trust
MPT
$2.44B
| $81.1M | 0.03% |
17,637,883
+6,580,784
| +60% | +$32.6M |
|
669
Inspire Medical Systems
INSP
$1.79B
| $80.9M | 0.03% |
1,856,800
+1,548,138
| +502% | +$73.4M |
|
670
Steel Dynamics
STLD
$34.6B
| $80.7M | 0.03% |
351,890
+9,464
| +3% | +$2.22M |
|
671
Robinhood
HOOD
$95.2B
| $80.4M | 0.03% |
801,262
+92,615
| +13% | +$7.75M |
|
672
American Airlines Group
AAL
$9.09B
| $79.8M | 0.03% |
4,437,954
+388,680
| +10% | +$5.2M |
|
673
C.H. Robinson
CHRW
$16.6B
| $79.5M | 0.03% |
434,802
-174,011
| -29% | -$30.9M |
|
674
Cabot Corp
CBT
$4.41B
| $79M | 0.03% |
870,098
+18,885
| +2% | +$1.54M |
|
675
CF Industries
CF
$19.8B
| $78.3M | 0.03% |
723,410
-75,555
| -9% | -$8.9M |
|
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.