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 | |
|---|---|---|---|---|---|---|
901
Hamilton Lane
HLNE
$4.56B
| $39.1M | 0.01% |
511,474
+484,223
| +1,777% | +$43.1M |
|
902
Enbridge
ENB
$109B
| $39.1M | 0.01% |
721,796
+431,274
| +148% | +$23.7M |
|
903
Equity Lifestyle Properties
ELS
$12.8B
| $39M | 0.01% |
609,692
+429,514
| +238% | +$27.1M |
|
904
Sabra Healthcare REIT
SBRA
$5.23B
| $39M | 0.01% |
1,998,848
+584,862
| +41% | +$11.6M |
|
905
Zeta Global
ZETA
$7.15B
| $38.9M | 0.01% |
1,978,272
+876,613
| +80% | +$16.3M |
|
906
Banco Santander
SAN
$214B
| $38.9M | 0.01% |
2,816,360
+1,041,682
| +59% | +$12.9M |
|
907
Sherwin-Williams
SHW
$84.2B
| $38.8M | 0.01% |
113,813
-31,114
| -21% | -$9.94M |
|
908
Arthur J. Gallagher & Co
AJG
$69.7B
| $38.7M | 0.01% |
170,308
+23,216
| +16% | +$4.93M |
|
909
Martin Marietta Materials
MLM
$32B
| $38.6M | 0.01% |
67,001
+1,541
| +2% | +$914K |
|
910
Reliance Steel & Aluminium
RS
$19.5B
| $38.6M | 0.01% |
103,354
-507
| -0.5% | -$185K |
|
|
Q
911
Qnity Electronics Inc
Q
$26.4B
| $38.3M | 0.01% |
235,386
-10,505
| -4% | -$1.55M |
|
912
Fox Class A
FOXA
$29B
| $38.3M | 0.01% |
757,602
-139,086
| -16% | -$8.59M |
|
|
DFUS
913
Dimensional US Equity ETF
DFUS
$21.4B
| $38.2M | 0.01% |
466,528
+107,486
| +30% | +$8.5M |
|
914
Barclays
BCS
$90.7B
| $38.2M | 0.01% |
1,420,489
+249,622
| +21% | +$6.02M |
|
915
Idacorp
IDA
$8B
| $38.1M | 0.01% |
251,905
+190,599
| +311% | +$27.4M |
|
916
Vanguard Morningstar Small-Cap ETF
VB
$81.9B
| $37.9M | 0.01% |
125,108
+17,027
| +16% | +$4.88M |
|
917
Paycom
PAYC
$10.3B
| $37.9M | 0.01% |
301,396
+214,364
| +246% | +$28M |
|
918
Doximity
DOCS
$4.51B
| $37.9M | 0.01% |
1,838,767
+243,240
| +15% | +$5.38M |
|
|
EFOR
919
Everforth Inc
EFOR
$1.33B
| $37.8M | 0.01% |
2,114,423
-416,227
| -16% | -$10.2M |
|
920
Crown Castle
CCI
$32.5B
| $37.6M | 0.01% |
496,307
+404,839
| +443% | +$35.6M |
|
921
Hancock Whitney
HWC
$6.01B
| $37.6M | 0.01% |
502,966
+20,788
| +4% | +$1.42M |
|
922
Cullen/Frost Bankers
CFR
$10.2B
| $37.2M | 0.01% |
240,867
+38,217
| +19% | +$5.43M |
|
923
Helen of Troy
HELE
$666M
| $37.1M | 0.01% |
1,322,587
+559,816
| +73% | +$13.2M |
|
924
Zebra Technologies
ZBRA
$17.2B
| $37M | 0.01% |
145,983
+12,837
| +10% | +$3.02M |
|
925
QuinStreet
QNST
$1.18B
| $36.9M | 0.01% |
2,521,654
+448,336
| +22% | +$5.63M |
|
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.