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 | |
|---|---|---|---|---|---|---|
1176
Ferrari
RACE
$74.6B
| $20.3M | 0.01% |
54,478
+14,715
| +37% | +$5.12M |
|
1177
Ichor Holdings
ICHR
$2.13B
| $20.3M | 0.01% |
180,364
+95,472
| +112% | +$6.89M |
|
1178
KB Home
KBH
$3.41B
| $20.1M | 0.01% |
324,197
-146,327
| -31% | -$7.61M |
|
1179
Kearny Financial
KRNY
$618M
| $20.1M | 0.01% |
2,126,241
+135,279
| +7% | +$1.11M |
|
1180
Agree Realty
ADC
$9.28B
| $20.1M | 0.01% |
264,993
-4,091
| -2% | -$310K |
|
1181
Vanguard Morningstar Mega Cap Growth ETF
MGK
$33B
| $20M | 0.01% |
228,065
+12,235
| +6% | +$1.04M |
|
1182
Bread Financial
BFH
$4.04B
| $20M | 0.01% |
184,439
-3,244
| -2% | -$291K |
|
1183
Core & Main
CNM
$8.31B
| $20M | 0.01% |
419,100
-311,675
| -43% | -$15.4M |
|
1184
Credicorp
BAP
$30.2B
| $19.9M | 0.01% |
51,183
-30,234
| -37% | -$10.3M |
|
|
SFIX
1185
Stitch Fix
SFIX
$439M
| $19.9M | 0.01% |
4,843,056
+1,293,053
| +36% | +$4.7M |
|
1186
Compass Minerals
CMP
$1.03B
| $19.8M | 0.01% |
637,339
+568,222
| +822% | +$16.1M |
|
1187
Grocery Outlet
GO
$1.19B
| $19.8M | 0.01% |
2,037,069
+1,946,399
| +2,147% | +$16M |
|
1188
Sonos
SONO
$1.82B
| $19.8M | 0.01% |
1,461,738
+410,826
| +39% | +$6.01M |
|
1189
Marriott Vacations Worldwide
VAC
$3.93B
| $19.7M | 0.01% |
193,688
-70,460
| -27% | -$5.64M |
|
1190
WSFS Financial
WSFS
$4.06B
| $19.7M | 0.01% |
256,901
+26
| +0% | +$1.86K |
|
1191
Highwoods Properties
HIW
$3.5B
| $19.7M | 0.01% |
652,773
+184,032
| +39% | +$4.76M |
|
1192
Evertec
EVTC
$1.77B
| $19.7M | 0.01% |
708,230
+546,642
| +338% | +$14.5M |
|
1193
Axos Financial
AX
$5.5B
| $19.7M | 0.01% |
201,867
-32,880
| -14% | -$2.96M |
|
1194
iShares MSCI Japan ETF
EWJ
$22.4B
| $19.7M | 0.01% |
+210,761
| New | +$19.1M |
|
1195
Plexus
PLXS
$6.33B
| $19.6M | 0.01% |
65,270
+759
| +1% | +$198K |
|
1196
Praxis Precision Medicines
PRAX
$10.3B
| $19.6M | 0.01% |
58,446
-210
| -0.4% | -$66.5K |
|
1197
Liberty Energy
LBRT
$3.02B
| $19.5M | 0.01% |
745,431
-60,975
| -8% | -$1.82M |
|
1198
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$45.9B
| $19.5M | 0.01% |
37,309
+8,872
| +31% | +$4.43M |
|
1199
UiPath
PATH
$8.59B
| $19.4M | 0.01% |
1,799,044
-1,029,598
| -36% | -$11M |
|
|
CBL
1200
CBL Properties
CBL
$1.72B
| $19.4M | 0.01% |
365,726
+41,063
| +13% | +$1.9M |
|
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.