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 |
EOG Resources
EOG
|
+$143M |
| 2 |
WNR
Western Refining Inc
WNR
|
+$142M |
| 3 |
DTV
DIRECTV COM STK (DE)
DTV
|
+$137M |
| 4 |
BHI
Baker Hughes
BHI
|
+$135M |
| 5 |
POM
PEPCO HOLDINGS, INC.
POM
|
+$113M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BEAM
BEAM INC COM STK (DE)
BEAM
|
+$215M |
| 2 |
LSI
LSI CORPORATION
LSI
|
+$185M |
| 3 |
Omnicom Group
OMC
|
+$165M |
| 4 |
BRE
BRE PROPERTIES INC CL A
BRE
|
+$95M |
| 5 |
JOSB
JOS A BANK CLOTHIERS INC
JOSB
|
+$83M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 14.95% |
| 2 | Technology | 13.55% |
| 3 | Financials | 10.47% |
| 4 | Energy | 10.33% |
| 5 | Industrials | 9.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
RGC
1051
DELISTED
Regal Entertainment Group
RGC
| $2.82M | 0.01% |
133,600
-103,953
| -44% | -$2.03M |
|
|
ASEI
1052
DELISTED
AMER SCIENCE & ENGR INC.
ASEI
| $2.82M | 0.01% |
40,500
-16,200
| -29% | -$1.09M |
|
|
QLGC
1053
DELISTED
QLOGIC CORP
QLGC
| $2.81M | 0.01% |
278,369
-116,210
| -29% | -$1.25M |
|
1054
EPAM Systems
EPAM
$5.77B
| $2.8M | 0.01% |
63,934
+18,600
| +41% | +$703K |
|
1055
Terex
TEX
$7.45B
| $2.8M | 0.01% |
68,038
+1,705
| +3% | +$69.3K |
|
|
EDE
1056
DELISTED
Empire District Electric
EDE
| $2.79M | 0.01% |
108,700
+52,700
| +94% | +$1.28M |
|
1057
Innospec
IOSP
$2.32B
| $2.78M | 0.01% |
64,303
-33,559
| -34% | -$1.45M |
|
1058
Macerich
MAC
$6.88B
| $2.77M | 0.01% |
41,500
+1,100
| +3% | +$71.8K |
|
|
PNRA
1059
DELISTED
Panera Bread Co
PNRA
| $2.77M | 0.01% |
18,474
-10,000
| -35% | -$1.58M |
|
|
SIR
1060
DELISTED
SELECT INCOME REIT
SIR
| $2.76M | 0.01% |
212,030
+31,167
| +17% | +$407K |
|
|
CPLA
1061
DELISTED
Capella Education Company
CPLA
| $2.76M | 0.01% |
50,763
-42,300
| -45% | -$2.42M |
|
1062
Synaptics
SYNA
$3.71B
| $2.76M | 0.01% |
30,422
+4,000
| +15% | +$271K |
|
|
ENV
1063
DELISTED
ENVESTNET, INC.
ENV
| $2.75M | 0.01% |
56,292
+12,300
| +28% | +$498K |
|
|
CIVI
1064
DELISTED
Civitas Resources
CIVI
| $2.74M | 0.01% |
429
+310
| +261% | +$1.75M |
|
|
HF
1065
DELISTED
HFF Inc.
HF
| $2.73M | 0.01% |
73,479
+1,400
| +2% | +$46.6K |
|
|
NPM
1066
DELISTED
NUVEEN PREMIUM INCM MUNI FD II
NPM
| $2.73M | 0.01% |
197,113
+767
| +0.4% | +$10.5K |
|
1067
Revvity
RVTY
$13.9B
| $2.73M | 0.01% |
58,193
+15,300
| +36% | +$687K |
|
1068
Black Hills Corp
BKH
$5.57B
| $2.72M | 0.01% |
44,378
+300
| +0.7% | +$17.4K |
|
1069
Evercore
EVR
$11.1B
| $2.72M | 0.01% |
47,250
+4,000
| +9% | +$219K |
|
|
PARA
1070
CALL
DELISTED
Paramount Global Class B
PARA
| $2.71M | 0.01% |
+1,500
| New | +$89.3K |
|
|
WGL
1071
DELISTED
Wgl Holdings
WGL
| $2.69M | 0.01% |
62,444
+5,500
| +10% | +$221K |
|
1072
Bank OZK
OZK
$5.36B
| $2.69M | 0.01% |
80,426
+14,600
| +22% | +$453K |
|
1073
California Water Service
CWT
$3.13B
| $2.68M | 0.01% |
110,900
-43,700
| -28% | -$984K |
|
1074
Nucor
NUE
$56.2B
| $2.68M | 0.01% |
54,490
-1,500
| -3% | -$77K |
|
1075
Realty Income
O
$59.5B
| $2.68M | 0.01% |
62,306
-22,807
| -27% | -$953K |
|
Similar funds
Cliff Asness's Q2 2014 Portfolio in Review
As of Q2 2014, Cliff Asness held 2,714 positions worth $37.1B, up 12% from $33.1B the previous quarter. Its ten largest holdings account for 8.6% of the portfolio.
Cliff Asness's Q2 2014 filing shows 178 new, 1,030 increased, 953 reduced and 205 closed positions. Its largest new stake was AstraZeneca: 1,186,418 shares worth $88.2M. The largest sale was BEAM INC COM STK (DE), an estimated $215M.
By sector, the portfolio is most concentrated in Healthcare at 15% of assets, up from 15% a quarter earlier, followed by Technology and Financials.
- Cliff Asness's largest Q2 2014 buy was AstraZeneca: 1,186,418 shares worth $88.2M.
- Cliff Asness added most to EOG Resources in Q2 2014, an estimated $143M increase.
- Cliff Asness's biggest Q2 2014 reduction was Omnicom Group, cutting an estimated $165M.
- Cliff Asness fully exited BEAM INC COM STK (DE) in Q2 2014, selling an estimated $215M.
- Cliff Asness's ten largest holdings make up 8.6% of its $37.1B portfolio in Q2 2014.
- Cliff Asness opened 178 new positions and closed 205 in Q2 2014.
- Cliff Asness's portfolio value rose 12% quarter-over-quarter to $37.1B.
Based on AQR Capital Management's 13F filing for Q2 2014, filed 14 Aug 2014.