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 | |
|---|---|---|---|---|---|---|
851
World Acceptance Corp
WRLD
$877M
| $45M | 0.02% |
201,263
+46,297
| +30% | +$7.45M |
|
852
Kinsale Capital Group
KNSL
$8.99B
| $45M | 0.02% |
136,579
+93,971
| +221% | +$30.2M |
|
853
Remitly
RELY
$5.61B
| $44.9M | 0.02% |
2,004,231
+26,183
| +1% | +$537K |
|
854
International Bancshares
IBOC
$4.47B
| $44.6M | 0.02% |
587,610
+91,744
| +19% | +$6.66M |
|
855
Vanguard Morningstar Large-Cap ETF
VV
$53.9B
| $44.6M | 0.02% |
129,676
+22,838
| +21% | +$7.62M |
|
856
Brinker International
EAT
$10.9B
| $44.6M | 0.02% |
265,281
-43,291
| -14% | -$6.4M |
|
857
Willis Towers Watson
WTW
$32.4B
| $44.4M | 0.02% |
169,752
-117,382
| -41% | -$31.4M |
|
858
GE HealthCare
GEHC
$33.6B
| $44.3M | 0.02% |
696,084
+550,807
| +379% | +$36.2M |
|
859
Dominion Energy
D
$58.6B
| $44.3M | 0.02% |
648,379
-135,558
| -17% | -$8.81M |
|
860
Keurig Dr Pepper
KDP
$44B
| $44.3M | 0.02% |
1,352,175
-3,393,229
| -72% | -$98.8M |
|
861
Fabrinet
FN
$15.1B
| $44.1M | 0.02% |
79,795
+7,946
| +11% | +$5.12M |
|
862
Novartis
NVS
$300B
| $44.1M | 0.02% |
281,210
+47,339
| +20% | +$7.1M |
|
863
Twilio
TWLO
$34.3B
| $44M | 0.02% |
217,885
-27,244
| -11% | -$4.83M |
|
864
Credit Acceptance
CACC
$6.27B
| $43.8M | 0.02% |
68,780
+63,946
| +1,323% | +$34.2M |
|
865
Southern Company
SO
$104B
| $43.7M | 0.02% |
456,982
+76,392
| +20% | +$7.19M |
|
866
Coeur Mining
CDE
$21.4B
| $43.4M | 0.02% |
2,675,232
+1,713,917
| +178% | +$31.2M |
|
867
Camden Property Trust
CPT
$11B
| $42.9M | 0.02% |
375,579
+128,515
| +52% | +$13.7M |
|
868
Mitsubishi UFJ Financial
MUFG
$248B
| $42.6M | 0.01% |
2,140,236
+590,238
| +38% | +$11.1M |
|
869
Service Corp International
SCI
$11.5B
| $42.5M | 0.01% |
564,156
-102,400
| -15% | -$8.01M |
|
870
Ambarella
AMBA
$3.09B
| $42.5M | 0.01% |
495,583
-232
| -0% | -$16K |
|
871
Targa Resources
TRGP
$62.7B
| $42.3M | 0.01% |
157,760
+53,145
| +51% | +$13.7M |
|
872
RPM International
RPM
$13.6B
| $42M | 0.01% |
380,088
-102,257
| -21% | -$10.7M |
|
873
Skyworks Solutions
SWKS
$10.1B
| $41.9M | 0.01% |
618,287
-1,131,386
| -65% | -$77M |
|
874
Williams-Sonoma
WSM
$28.1B
| $41.9M | 0.01% |
179,778
-88,434
| -33% | -$17.5M |
|
875
Schwab US Broad Market ETF
SCHB
$44.4B
| $41.9M | 0.01% |
1,445,601
+370,778
| +34% | +$10.4M |
|
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.