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 | |
|---|---|---|---|---|---|---|
1301
Range Resources
RRC
$9.64B
| $15.5M | 0.01% |
416,054
+64,742
| +18% | +$2.63M |
|
1302
American Eagle Outfitters
AEO
$2.83B
| $15.5M | 0.01% |
921,097
-750,303
| -45% | -$13M |
|
1303
Rapid7
RPD
$822M
| $15.5M | 0.01% |
1,908,131
+1,176,853
| +161% | +$7.8M |
|
1304
Levi Strauss
LEVI
$8.36B
| $15.4M | 0.01% |
622,144
-109,871
| -15% | -$2.48M |
|
1305
St. Joe Company
JOE
$3.99B
| $15.4M | 0.01% |
246,533
+17,103
| +7% | +$1.12M |
|
1306
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
$53.8B
| $15.4M | 0.01% |
129,622
+277
| +0.2% | +$31.7K |
|
1307
California Resources
CRC
$4.65B
| $15.4M | 0.01% |
291,484
-19,286
| -6% | -$1.19M |
|
1308
FTI Consulting
FCN
$4.29B
| $15.4M | 0.01% |
103,941
-144,515
| -58% | -$23.6M |
|
1309
ProFrac Holding
ACDC
$878M
| $15.4M | 0.01% |
2,644,484
+1,115,245
| +73% | +$7.51M |
|
|
VSXY
1310
Victoria's Secret
VSXY
$6.93B
| $15.4M | 0.01% |
183,938
-108,073
| -37% | -$6.48M |
|
1311
Travere Therapeutics
TVTX
$6.15B
| $15.3M | 0.01% |
270,048
-35,364
| -12% | -$1.57M |
|
1312
Dimensional US Small Cap ETF
DFAS
$15.7B
| $15.3M | 0.01% |
185,715
+21,717
| +13% | +$1.68M |
|
1313
Upbound Group
UPBD
$1.12B
| $15.3M | 0.01% |
720,150
+432,836
| +151% | +$8.09M |
|
1314
Dick's Sporting Goods
DKS
$16.1B
| $15.3M | 0.01% |
67,358
+4,993
| +8% | +$1.1M |
|
|
CRCL
1315
Circle Internet Group
CRCL
$22.3B
| $15.2M | 0.01% |
243,477
-136,498
| -36% | -$13.3M |
|
1316
Novanta
NOVT
$5.27B
| $15.2M | 0.01% |
95,254
-22,944
| -19% | -$3.32M |
|
1317
AtriCure
ATRC
$2.51B
| $15.2M | 0.01% |
544,123
+357,741
| +192% | +$10.1M |
|
1318
Constellation Brands
STZ
$23.5B
| $15.2M | 0.01% |
111,414
-166,219
| -60% | -$24.7M |
|
1319
Magnolia Oil & Gas
MGY
$6.45B
| $15.2M | 0.01% |
594,648
+96,763
| +19% | +$2.76M |
|
1320
LGI Homes
LGIH
$1.35B
| $15.2M | 0.01% |
238,666
+149,429
| +167% | +$7.14M |
|
1321
Bristow Group
VTOL
$1.36B
| $15.1M | 0.01% |
365,942
+192,347
| +111% | +$8.61M |
|
1322
ZipRecruiter
ZIP
$373M
| $15M | 0.01% |
4,002,189
+549,603
| +16% | +$1.71M |
|
1323
Freedom Holding
FRHC
$10B
| $14.9M | 0.01% |
115,495
+5,938
| +5% | +$864K |
|
|
CLDT
1324
Chatham Lodging
CLDT
$642M
| $14.9M | 0.01% |
1,124,357
+39,488
| +4% | +$408K |
|
1325
Clarivate
CLVT
$1.36B
| $14.9M | 0.01% |
6,917,007
+3,922,204
| +131% | +$9.59M |
|
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.