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 | |
|---|---|---|---|---|---|---|
976
Astera Labs
ALAB
$48.1B
| $32.4M | 0.01% |
67,117
-21,186
| -24% | -$5.62M |
|
977
Insperity
NSP
$1.99B
| $32.4M | 0.01% |
783,492
+485,483
| +163% | +$15.9M |
|
978
Descartes Systems
DSGX
$6.72B
| $32.3M | 0.01% |
467,971
-43,770
| -9% | -$3.12M |
|
979
Appian
APPN
$2.81B
| $32.3M | 0.01% |
1,411,062
+453,442
| +47% | +$10.1M |
|
980
Workday
WDAY
$49.2B
| $32.2M | 0.01% |
263,543
+40,252
| +18% | +$5.1M |
|
981
Merit Medical Systems
MMSI
$5.39B
| $32.2M | 0.01% |
464,201
+439,211
| +1,758% | +$29M |
|
982
Nutrien
NTR
$35.5B
| $32.1M | 0.01% |
510,269
+205,224
| +67% | +$14.4M |
|
983
Kenvue
KVUE
$37.3B
| $32.1M | 0.01% |
1,685,088
-611,557
| -27% | -$10.8M |
|
984
Diamondback Energy
FANG
$57.6B
| $32M | 0.01% |
182,317
+39,429
| +28% | +$7.65M |
|
985
Post Holdings
POST
$3.73B
| $32M | 0.01% |
364,398
+14,438
| +4% | +$1.41M |
|
986
Clear Secure
YOU
$4.6B
| $31.9M | 0.01% |
571,959
+45,723
| +9% | +$2.5M |
|
987
Imperial Oil
IMO
$66.2B
| $31.8M | 0.01% |
283,586
+16,905
| +6% | +$2.12M |
|
988
Schrodinger
SDGR
$1.4B
| $31.8M | 0.01% |
1,956,347
+1,512,189
| +340% | +$20.2M |
|
989
Cimpress
CMPR
$2.13B
| $31.7M | 0.01% |
311,924
-7,445
| -2% | -$661K |
|
990
Sumitomo Mitsui Financial
SMFG
$159B
| $31.6M | 0.01% |
1,340,654
+495,432
| +59% | +$11M |
|
991
Mizuho Financial
MFG
$124B
| $31.6M | 0.01% |
3,298,642
+1,380,015
| +72% | +$12.4M |
|
992
Healthpeak Properties
DOC
$14.9B
| $31.4M | 0.01% |
1,468,813
+732,723
| +100% | +$13.7M |
|
|
TPC
993
Tutor Perini Cor
TPC
$4.64B
| $31.4M | 0.01% |
378,624
-50,118
| -12% | -$4.03M |
|
994
Zimmer Biomet
ZBH
$19.3B
| $31.3M | 0.01% |
367,365
+40,048
| +12% | +$3.51M |
|
995
Dimensional US Targeted Value ETF
DFAT
$14.6B
| $31.3M | 0.01% |
447,591
+56,593
| +14% | +$3.78M |
|
996
Tractor Supply
TSCO
$18.7B
| $31.2M | 0.01% |
998,703
+471,919
| +90% | +$16.3M |
|
997
DT Midstream
DTM
$12.8B
| $31.2M | 0.01% |
212,407
+32,946
| +18% | +$4.66M |
|
998
PagerDuty
PD
$956M
| $31.1M | 0.01% |
3,225,921
+885,899
| +38% | +$6.71M |
|
999
Capitol Federal Financial
CFFN
$1.05B
| $31.1M | 0.01% |
3,656,717
-133,465
| -4% | -$1.04M |
|
1000
Dimensional US Marketwide Value ETF
DFUV
$15.9B
| $31M | 0.01% |
563,266
+117,577
| +26% | +$6.17M |
|
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.