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 | |
|---|---|---|---|---|---|---|
776
IDEX
IEX
$17.1B
| $58.2M | 0.02% |
257,285
+775
| +0.3% | +$164K |
|
777
Thomson Reuters
TRI
$46.7B
| $58.1M | 0.02% |
712,176
+98,445
| +16% | +$8.6M |
|
778
Cintas
CTAS
$82.8B
| $57.4M | 0.02% |
341,054
-248,749
| -42% | -$43M |
|
779
Kimco Realty
KIM
$16.2B
| $57.4M | 0.02% |
2,264,654
+1,661,640
| +276% | +$39.9M |
|
780
Expeditors International
EXPD
$24.2B
| $57.4M | 0.02% |
355,618
+33,753
| +10% | +$5.22M |
|
781
Murphy Oil
MUR
$5.14B
| $57.3M | 0.02% |
1,759,416
-63,115
| -3% | -$2.42M |
|
782
COPT Defense Properties
CDP
$4.23B
| $57.3M | 0.02% |
1,575,072
+163,872
| +12% | +$5.33M |
|
783
Kilroy Realty
KRC
$4.26B
| $56.9M | 0.02% |
1,518,451
+1,118,476
| +280% | +$38M |
|
784
Wheaton Precious Metals
WPM
$72.5B
| $56.8M | 0.02% |
513,577
-15,484
| -3% | -$2.01M |
|
785
Flowers Foods
FLO
$1.52B
| $56.6M | 0.02% |
7,163,993
+2,821,864
| +65% | +$22.6M |
|
786
Encompass Health
EHC
$12B
| $56.6M | 0.02% |
561,888
+61,284
| +12% | +$6.35M |
|
|
SPYM
787
State Street SPDR Portfolio S&P 500 ETF
SPYM
$170B
| $56.4M | 0.02% |
641,627
+110,323
| +21% | +$9.41M |
|
788
Bio-Rad Laboratories Class A
BIO
$10.1B
| $56M | 0.02% |
192,711
+98,162
| +104% | +$27.8M |
|
789
Americold
COLD
$4.36B
| $55.7M | 0.02% |
3,545,164
+3,104,447
| +704% | +$42.6M |
|
790
Parsons
PSN
$5.21B
| $55.6M | 0.02% |
1,089,760
+1,029,924
| +1,721% | +$55.6M |
|
791
Invesco NASDAQ 100 ETF
QQQM
$103B
| $55.6M | 0.02% |
183,409
+14,586
| +9% | +$4.13M |
|
792
Stantec
STN
$8.19B
| $55.5M | 0.02% |
810,568
+181,398
| +29% | +$14.6M |
|
793
Hayward Holdings
HAYW
$3.08B
| $55.5M | 0.02% |
3,254,606
+70,349
| +2% | +$1.03M |
|
794
iShares 0-3 Month Treasury Bond ETF
SGOV
$104B
| $55.5M | 0.02% |
550,965
+253,254
| +85% | +$25.5M |
|
795
iShares S&P 500 Growth ETF
IVW
$75.8B
| $55.4M | 0.02% |
402,461
+67,474
| +20% | +$8.91M |
|
796
LKQ Corp
LKQ
$6.48B
| $54.9M | 0.02% |
2,086,701
+1,247,620
| +149% | +$34.7M |
|
797
Kimberly-Clark
KMB
$36.9B
| $54.8M | 0.02% |
501,093
+236,722
| +90% | +$23.5M |
|
798
Moog Inc Class A
MOG.A
$12B
| $54.8M | 0.02% |
129,241
+89,868
| +228% | +$30.7M |
|
799
TSMC
TSM
$2.12T
| $54.7M | 0.02% |
117,809
+27,875
| +31% | +$11.3M |
|
800
State Street Technology Select Sector SPDR ETF
XLK
$118B
| $54.5M | 0.02% |
285,824
+106,739
| +60% | +$18.2M |
|
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.