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 | |
|---|---|---|---|---|---|---|
951
FormFactor
FORM
$8.43B
| $34.3M | 0.01% |
214,217
-796
| -0.4% | -$106K |
|
952
Unilever
UL
$141B
| $34.2M | 0.01% |
569,489
+314,321
| +123% | +$18.2M |
|
953
Globant
GLOB
$1.71B
| $34.2M | 0.01% |
1,188,723
+400,461
| +51% | +$16M |
|
954
Marriott International
MAR
$93.9B
| $34.2M | 0.01% |
92,185
+14,833
| +19% | +$5.47M |
|
|
HPP
955
Hudson Pacific Properties
HPP
$798M
| $34M | 0.01% |
2,239,928
+1,857,416
| +486% | +$20.4M |
|
956
ABM Industries
ABM
$2.75B
| $34M | 0.01% |
768,980
+400,268
| +109% | +$16.4M |
|
957
Harmony Biosciences
HRMY
$2.24B
| $34M | 0.01% |
934,326
+218,080
| +30% | +$6.88M |
|
958
Floor & Decor
FND
$5.84B
| $33.9M | 0.01% |
577,541
+569,081
| +6,727% | +$28.8M |
|
959
Monolithic Power Systems
MPWR
$63.2B
| $33.8M | 0.01% |
24,947
-13,413
| -35% | -$20.1M |
|
960
Moderna
MRNA
$55.4B
| $33.6M | 0.01% |
479,141
+440,826
| +1,151% | +$22.8M |
|
961
First American
FAF
$7.38B
| $33.5M | 0.01% |
491,667
-55,447
| -10% | -$3.7M |
|
962
Rollins
ROL
$17.9B
| $33.5M | 0.01% |
802,768
-362,735
| -31% | -$18.5M |
|
963
Rackspace Technology
RXT
$795M
| $33.5M | 0.01% |
5,130,701
+593,272
| +13% | +$2.31M |
|
964
Aptiv
APTV
$9.83B
| $33.5M | 0.01% |
552,805
-132,018
| -19% | -$8.08M |
|
965
Allegro MicroSystems
ALGM
$6.64B
| $33.4M | 0.01% |
493,753
+148,627
| +43% | +$6.95M |
|
966
Vanguard Total International Stock ETF
VXUS
$163B
| $33.4M | 0.01% |
390,580
+218,052
| +126% | +$18.3M |
|
|
CVSA
967
Covista Inc
CVSA
$4.52B
| $33.4M | 0.01% |
271,952
-10,224
| -4% | -$1.23M |
|
968
CNX Resources
CNX
$5.4B
| $33.3M | 0.01% |
982,007
+37,749
| +4% | +$1.36M |
|
|
NBIS
969
Nebius Group N.V.
NBIS
$57.3B
| $33.2M | 0.01% |
120,224
+14,912
| +14% | +$2.95M |
|
970
California Water Service
CWT
$3.14B
| $33.2M | 0.01% |
681,791
+512,060
| +302% | +$23.1M |
|
971
BHP
BHP
$247B
| $33.1M | 0.01% |
397,906
+152,469
| +62% | +$12.7M |
|
972
Global Payments
GPN
$25B
| $32.9M | 0.01% |
465,198
-351,493
| -43% | -$24.2M |
|
973
Oneok
OKE
$58.6B
| $32.6M | 0.01% |
374,539
+78,295
| +26% | +$6.9M |
|
974
iShares Core S&P Small-Cap ETF
IJR
$111B
| $32.5M | 0.01% |
218,839
+74,160
| +51% | +$10.2M |
|
975
Phreesia
PHR
$723M
| $32.4M | 0.01% |
3,151,453
+1,298,894
| +70% | +$12.1M |
|
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.