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 | |
|---|---|---|---|---|---|---|
1126
Grupo Aeroportuario del Pacifico
PAC
$12.2B
| $22.6M | 0.01% |
89,301
+88,350
| +9,290% | +$21.7M |
|
1127
CorVel
CRVL
$3.6B
| $22.4M | 0.01% |
358,999
+228,958
| +176% | +$13.3M |
|
1128
Powell Industries
POWL
$6.89B
| $22.2M | 0.01% |
77,372
-11,578
| -13% | -$3.14M |
|
1129
Shake Shack
SHAK
$3.05B
| $22.1M | 0.01% |
395,325
+316,223
| +400% | +$23.8M |
|
1130
BioCryst Pharmaceuticals
BCRX
$2.47B
| $22.1M | 0.01% |
2,214,302
+1,774,161
| +403% | +$16M |
|
1131
Gulfport Energy Corp
GPOR
$3.1B
| $22.1M | 0.01% |
130,431
+23,731
| +22% | +$4.28M |
|
1132
Vanguard Russell 1000 Growth ETF
VONG
$44.5B
| $22.1M | 0.01% |
172,992
+59,991
| +53% | +$7.44M |
|
1133
Moelis & Co
MC
$5.07B
| $22.1M | 0.01% |
337,349
-11,032
| -3% | -$723K |
|
1134
Sanmina
SANM
$9.94B
| $22M | 0.01% |
87,039
+2,028
| +2% | +$444K |
|
|
FITB
1135
Fifth Third Bancorp
FITB
$49.8B
| $22M | 0.01% |
390,932
-146,531
| -27% | -$7.43M |
|
1136
J&J Snack Foods
JJSF
$1.68B
| $22M | 0.01% |
299,434
+131,650
| +78% | +$10.2M |
|
1137
Hilltop Holdings
HTH
$2.22B
| $22M | 0.01% |
566,366
+39,675
| +8% | +$1.49M |
|
1138
Element Solutions
ESI
$8.52B
| $22M | 0.01% |
465,030
-363,398
| -44% | -$15.1M |
|
1139
Banco Bilbao Vizcaya Argentaria
BBVA
$161B
| $21.9M | 0.01% |
874,849
+316,059
| +57% | +$7.21M |
|
1140
State Street DoubleLine Total Return Tactical ETF
TOTL
$3.99B
| $21.9M | 0.01% |
554,518
+53,557
| +11% | +$2.12M |
|
1141
MYR Group
MYRG
$4.75B
| $21.8M | 0.01% |
43,600
-4,796
| -10% | -$1.97M |
|
1142
Bankunited
BKU
$3.3B
| $21.8M | 0.01% |
449,584
+14,933
| +3% | +$702K |
|
1143
Peoples Bancorp
PEBO
$1.43B
| $21.8M | 0.01% |
566,488
+83,164
| +17% | +$2.9M |
|
1144
VanEck Semiconductor ETF
SMH
$64.8B
| $21.7M | 0.01% |
33,123
+12,886
| +64% | +$7.03M |
|
1145
Fair Isaac
FICO
$25.2B
| $21.7M | 0.01% |
18,484
-17,043
| -48% | -$19.1M |
|
1146
Vanguard Morningstar Small-Cap Value ETF
VBR
$37.8B
| $21.7M | 0.01% |
89,148
+2,363
| +3% | +$550K |
|
1147
Vanguard S&P 500 Growth ETF
VOOG
$26.5B
| $21.6M | 0.01% |
261,936
+59,634
| +29% | +$4.73M |
|
1148
Madison Square Garden
MSGS
$9.69B
| $21.5M | 0.01% |
54,268
-36,478
| -40% | -$12.9M |
|
1149
Kennametal
KMT
$2.23B
| $21.5M | 0.01% |
613,973
+130,820
| +27% | +$4.76M |
|
1150
La-Z-Boy
LZB
$1.29B
| $21.5M | 0.01% |
535,727
+278,260
| +108% | +$10.1M |
|
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.