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 | |
|---|---|---|---|---|---|---|
1076
Bunge Global
BG
$21.2B
| $25.6M | 0.01% |
240,213
+5,496
| +2% | +$676K |
|
1077
Simmons First National
SFNC
$3.32B
| $25.6M | 0.01% |
1,129,595
+10,748
| +1% | +$229K |
|
1078
Nabors Industries
NBR
$1.31B
| $25.5M | 0.01% |
303,531
+20,917
| +7% | +$1.95M |
|
|
SFBS
1079
ServisFirst Bancshares
SFBS
$4.8B
| $25.5M | 0.01% |
587,184
+449,790
| +327% | +$17.7M |
|
1080
The RealReal
REAL
$1.37B
| $25.4M | 0.01% |
2,157,706
+787,079
| +57% | +$8.39M |
|
1081
Agios Pharmaceuticals
AGIO
$1.95B
| $25.4M | 0.01% |
684,340
+647,930
| +1,780% | +$19.7M |
|
1082
Invesco S&P 500 Equal Weight ETF
RSP
$100B
| $25.2M | 0.01% |
118,653
+31,935
| +37% | +$6.54M |
|
1083
Goldman Sachs ActiveBeta International Equity ETF
GSIE
$6.14B
| $25.2M | 0.01% |
551,936
+619
| +0.1% | +$28.1K |
|
1084
Simply Good Foods
SMPL
$970M
| $25.2M | 0.01% |
1,896,121
+1,322,531
| +231% | +$16.3M |
|
1085
Bank of Hawaii
BOH
$3.03B
| $25.1M | 0.01% |
312,313
-2,757
| -0.9% | -$216K |
|
1086
Cohu
COHU
$2.43B
| $25.1M | 0.01% |
339,335
+27,404
| +9% | +$1.37M |
|
1087
First Merchants
FRME
$2.63B
| $24.7M | 0.01% |
566,471
+161,480
| +40% | +$6.56M |
|
1088
Dimensional International Value ETF
DFIV
$22B
| $24.7M | 0.01% |
456,692
+53,963
| +13% | +$2.97M |
|
1089
Starbucks
SBUX
$123B
| $24.6M | 0.01% |
240,509
+74,634
| +45% | +$7.52M |
|
1090
Lennox International
LII
$13.8B
| $24.5M | 0.01% |
42,839
+5,095
| +13% | +$2.59M |
|
1091
MGE Energy Inc
MGEE
$3B
| $24.5M | 0.01% |
300,293
+266,075
| +778% | +$20.6M |
|
1092
Bank of N.T. Butterfield & Son
NTB
$2.3B
| $24.5M | 0.01% |
411,139
+11,335
| +3% | +$641K |
|
1093
Takeda Pharmaceutical
TAK
$58.2B
| $24.5M | 0.01% |
1,525,686
+631,263
| +71% | +$10.4M |
|
1094
TG Therapeutics
TGTX
$8.57B
| $24.3M | 0.01% |
442,287
+98,098
| +29% | +$4.01M |
|
|
ECG
1095
Everus Construction Group
ECG
$6.15B
| $24.2M | 0.01% |
147,727
-84,683
| -36% | -$12.4M |
|
1096
Vanguard Morningstar Mid-Cap ETF
VO
$109B
| $24.2M | 0.01% |
300,069
+84,353
| +39% | +$6.54M |
|
|
BAND
1097
Bandwidth Inc
BAND
$1.49B
| $24.1M | 0.01% |
381,122
-62,470
| -14% | -$2.8M |
|
1098
W.P. Carey
WPC
$16.3B
| $24.1M | 0.01% |
337,163
+48,096
| +17% | +$3.52M |
|
1099
Methode Electronics
MEI
$498M
| $24M | 0.01% |
1,266,388
+248,669
| +24% | +$2.57M |
|
1100
APi Group
APG
$17.6B
| $24M | 0.01% |
587,606
+19,348
| +3% | +$845K |
|
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.