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 | |
|---|---|---|---|---|---|---|
826
Mattel
MAT
$4.24B
| $48.5M | 0.02% |
3,548,385
-1,069,938
| -23% | -$15.7M |
|
827
Fomento Económico Mexicano
FMX
$41.5B
| $48.3M | 0.02% |
377,475
+282,038
| +296% | +$34M |
|
828
iShares 0-1 Year Treasury Bond ETF
SHV
$20.8B
| $48.2M | 0.02% |
436,816
+423,767
| +3,248% | +$46.7M |
|
829
Lattice Semiconductor
LSCC
$16.3B
| $47.5M | 0.02% |
318,179
+256,752
| +418% | +$33.1M |
|
830
Dropbox
DBX
$7.58B
| $47.4M | 0.02% |
1,729,397
-74,149
| -4% | -$1.91M |
|
|
GTM
831
ZoomInfo Technologies
GTM
$1.14B
| $47.2M | 0.02% |
16,341,468
+6,878,262
| +73% | +$30.9M |
|
832
Regency Centers
REG
$14B
| $47.1M | 0.02% |
590,337
-11,969
| -2% | -$940K |
|
833
Sensata Technologies
ST
$6.09B
| $47M | 0.02% |
993,109
-60,459
| -6% | -$2.73M |
|
834
Lyft
LYFT
$6.66B
| $46.7M | 0.02% |
3,198,241
-6,409,215
| -67% | -$89.6M |
|
835
Cadence Design Systems
CDNS
$87.2B
| $46.7M | 0.02% |
124,349
+32,093
| +35% | +$11.2M |
|
836
Yum! Brands
YUM
$42.8B
| $46.6M | 0.02% |
295,570
+110,467
| +60% | +$17.1M |
|
837
Deere & Co
DE
$175B
| $46.5M | 0.02% |
74,724
+7,350
| +11% | +$4.26M |
|
838
WesBanco
WSBC
$3.92B
| $46.5M | 0.02% |
1,192,255
+467,691
| +65% | +$16.5M |
|
839
Cognizant
CTSH
$28B
| $46.3M | 0.02% |
1,225,480
-458,999
| -27% | -$24.2M |
|
840
Pinnacle West Capital
PNW
$11.9B
| $46.3M | 0.02% |
432,833
+9,680
| +2% | +$990K |
|
841
HEICO Corp Class A
HEI.A
$36.3B
| $46.2M | 0.02% |
179,042
+114,912
| +179% | +$26.3M |
|
842
Vistra
VST
$45.8B
| $46M | 0.02% |
289,921
+138,307
| +91% | +$21.5M |
|
843
Simpson Manufacturing
SSD
$7.72B
| $45.9M | 0.02% |
219,132
+40,160
| +22% | +$7.51M |
|
844
NETSCOUT
NTCT
$2.76B
| $45.8M | 0.02% |
1,059,810
-140,336
| -12% | -$5.28M |
|
845
Encore Capital Group
ECPG
$2.18B
| $45.7M | 0.02% |
490,098
+26,801
| +6% | +$2.18M |
|
846
Royal Caribbean
RCL
$78.5B
| $45.7M | 0.02% |
143,889
-355,354
| -71% | -$99.4M |
|
847
Pultegroup
PHM
$24.8B
| $45.6M | 0.02% |
332,684
+8,952
| +3% | +$1.09M |
|
848
World Kinect Corp
WKC
$1.82B
| $45.5M | 0.02% |
1,381,341
+1,091,786
| +377% | +$30.4M |
|
849
MaxLinear
MXL
$5.71B
| $45.3M | 0.02% |
353,835
-59,106
| -14% | -$4.18M |
|
850
SLB Ltd
SLB
$79.9B
| $45.1M | 0.02% |
970,706
+49,050
| +5% | +$2.63M |
|
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.