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 | |
|---|---|---|---|---|---|---|
701
Flutter Entertainment
FLUT
$17.9B
| $74.6M | 0.03% |
732,695
+629,705
| +611% | +$64.9M |
|
702
Viatris
VTRS
$18.7B
| $74.6M | 0.03% |
4,694,966
-1,646,352
| -26% | -$25.5M |
|
703
Agilon Health
AGL
$1.62B
| $74.2M | 0.03% |
692,541
-282,356
| -29% | -$18.5M |
|
704
Weyerhaeuser
WY
$17.7B
| $74.2M | 0.03% |
3,100,206
+1,790,559
| +137% | +$43.5M |
|
705
Generac Holdings
GNRC
$11.9B
| $74.1M | 0.03% |
255,891
+73,428
| +40% | +$18.4M |
|
706
Carlisle Companies
CSL
$14.5B
| $74M | 0.03% |
204,125
+49,180
| +32% | +$17.2M |
|
707
Sprouts Farmers Market
SFM
$7.75B
| $74M | 0.03% |
895,793
-1,006,974
| -53% | -$81.4M |
|
708
Graco
GGG
$13.2B
| $73.9M | 0.03% |
979,015
-130,190
| -12% | -$10.3M |
|
709
Park Hotels & Resorts
PK
$3.19B
| $73.3M | 0.03% |
5,182,122
+37,007
| +0.7% | +$453K |
|
710
Super Micro Computer
SMCI
$22.4B
| $72.6M | 0.03% |
2,479,580
+2,287,368
| +1,190% | +$72.9M |
|
711
SBA Communications
SBAC
$19.4B
| $72.3M | 0.03% |
413,296
+259,376
| +169% | +$53.5M |
|
712
Xcel Energy
XEL
$47.8B
| $71.8M | 0.03% |
894,378
+180,616
| +25% | +$14.4M |
|
713
A.O. Smith
AOS
$8.51B
| $71.5M | 0.02% |
1,155,730
+177,634
| +18% | +$10.8M |
|
714
Matador Resources
MTDR
$7.08B
| $71.1M | 0.02% |
1,428,172
-112,160
| -7% | -$6.38M |
|
715
Franklin Templeton
BEN
$17.5B
| $71M | 0.02% |
2,132,804
+993,654
| +87% | +$29.8M |
|
716
Markel Group
MKL
$22.5B
| $70.9M | 0.02% |
36,330
+23,236
| +177% | +$43.4M |
|
717
Duke Energy
DUK
$94.2B
| $70.8M | 0.02% |
559,063
-4,290
| -0.8% | -$541K |
|
718
Extra Space Storage
EXR
$30.8B
| $70.6M | 0.02% |
486,377
+46,041
| +10% | +$6.58M |
|
719
Scorpio Tankers
STNG
$3.92B
| $70.6M | 0.02% |
1,018,759
+159,595
| +19% | +$12.5M |
|
720
Argan
AGX
$6.54B
| $70.4M | 0.02% |
88,152
-18,458
| -17% | -$12.3M |
|
|
MRP
721
Millrose Properties Inc
MRP
$5.06B
| $70.3M | 0.02% |
2,340,591
+1,449,576
| +163% | +$42M |
|
722
T. Rowe Price
TROW
$23.8B
| $70.3M | 0.02% |
618,600
+20,675
| +3% | +$2.11M |
|
723
NextEra Energy
NEE
$174B
| $70.1M | 0.02% |
800,754
+39,317
| +5% | +$3.56M |
|
724
Gold Fields
GFI
$42.5B
| $69.8M | 0.02% |
2,092,706
+400,779
| +24% | +$16.7M |
|
725
Sonoco
SON
$5.69B
| $69.8M | 0.02% |
1,251,012
-356,406
| -22% | -$18.3M |
|
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.