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 |
Zoom
ZM
|
+$128M |
| 2 |
FedEx
FDX
|
+$120M |
| 3 |
Peloton Interactive
PTON
|
+$97.8M |
| 4 |
Newmont
NEM
|
+$78.9M |
| 5 |
Infosys
INFY
|
+$78.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Biogen
BIIB
|
+$309M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$291M |
| 3 |
Apple
AAPL
|
+$261M |
| 4 |
Microsoft
MSFT
|
+$240M |
| 5 |
ALXN
Alexion Pharmaceuticals
ALXN
|
+$194M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 24.85% |
| 2 | Healthcare | 15.63% |
| 3 | Consumer Discretionary | 14.74% |
| 4 | Consumer Staples | 10.36% |
| 5 | Industrials | 9.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1301
ProPetro Holding
PUMP
$1.32B
| $1.53M | ﹤0.01% |
207,213
-158,129
| -43% | -$880K |
|
|
VRS
1302
DELISTED
Verso Corporation
VRS
| $1.53M | ﹤0.01% |
127,006
-26,083
| -17% | -$258K |
|
|
DSKE
1303
DELISTED
Daseke, Inc. Common Stock
DSKE
| $1.52M | ﹤0.01% |
262,288
+241,918
| +1,188% | +$1.54M |
|
|
EXAS
1304
DELISTED
Exact Sciences
EXAS
| $1.52M | ﹤0.01% |
11,475
+7,965
| +227% | +$963K |
|
1305
First Financial Corp
THFF
$945M
| $1.51M | ﹤0.01% |
38,922
+4,866
| +14% | +$178K |
|
1306
Enanta Pharmaceuticals
ENTA
$434M
| $1.51M | ﹤0.01% |
35,797
-8,400
| -19% | -$370K |
|
1307
Sonic Automotive
SAH
$2.39B
| $1.49M | ﹤0.01% |
38,738
-10,013
| -21% | -$407K |
|
|
AQUA
1308
DELISTED
Evoqua Water Technologies Corp. Common Stock
AQUA
| $1.49M | ﹤0.01% |
55,297
+2,167
| +4% | +$53.8K |
|
1309
Adtran
ADTN
$643M
| $1.48M | ﹤0.01% |
100,299
-13,787
| -12% | -$175K |
|
|
ELP
1310
DELISTED
Companhia Paranaense de Energia (COPEL)
ELP
| $1.48M | ﹤0.01% |
258,853
+151,325
| +141% | +$765K |
|
1311
Carnival Corporation Ltd
CCL
$35.5B
| $1.48M | ﹤0.01% |
70,386
-7,810
| -10% | -$139K |
|
1312
Vicor
VICR
$9B
| $1.48M | ﹤0.01% |
16,004
+896
| +6% | +$75.3K |
|
1313
LivaNova
LIVN
$4.37B
| $1.47M | ﹤0.01% |
22,267
+12,129
| +120% | +$674K |
|
1314
UNIFI
UFI
$136M
| $1.47M | ﹤0.01% |
82,745
-49,727
| -38% | -$769K |
|
1315
BWX Technologies
BWXT
$13.7B
| $1.47M | ﹤0.01% |
24,628
+6,382
| +35% | +$368K |
|
1316
Citi Trends
CTRN
$584M
| $1.47M | ﹤0.01% |
29,500
-57,983
| -66% | -$1.97M |
|
1317
Mattel
MAT
$4.29B
| $1.46M | ﹤0.01% |
83,818
+42,932
| +105% | +$632K |
|
1318
Santander
BSBR
$43.1B
| $1.46M | ﹤0.01% |
176,692
-5,691
| -3% | -$37.7K |
|
|
CNSL
1319
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $1.46M | ﹤0.01% |
298,681
-2,514
| -0.8% | -$13.2K |
|
1320
Electromed
ELMD
$324M
| $1.46M | ﹤0.01% |
148,860
+32,791
| +28% | +$309K |
|
|
CCRN
1321
DELISTED
Cross Country Healthcare
CCRN
| $1.46M | ﹤0.01% |
164,368
+27,541
| +20% | +$224K |
|
|
DMC
1322
Del Monte Corp
DMC
$1.5B
| $1.46M | ﹤0.01% |
60,430
-14,576
| -19% | -$352K |
|
1323
Hawkins
HWKN
$2.46B
| $1.45M | ﹤0.01% |
55,488
+13,260
| +31% | +$337K |
|
1324
Caleres
CAL
$441M
| $1.45M | ﹤0.01% |
92,645
+82,430
| +807% | +$923K |
|
1325
Moog Inc Class A
MOG.A
$12B
| $1.45M | ﹤0.01% |
18,266
-18,218
| -50% | -$1.34M |
|
Similar funds
Cliff Asness's Q4 2020 Portfolio in Review
As of Q4 2020, Cliff Asness held 2,327 positions worth $56.4B, down 4.7% from $59.2B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Cliff Asness withdrew a net $9.06B in Q4 2020, closing 151 positions and reducing 1,279 holdings. Its most notable exit was iShares Core S&P 500 ETF, an estimated $291M position sold in full.
By sector, the portfolio is most concentrated in Technology at 25% of assets, up from 24% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Cliff Asness opened a new position in Peloton Interactive worth $122M.
- Cliff Asness's largest Q4 2020 buy was Peloton Interactive: 803,242 shares worth $122M.
- Cliff Asness added most to Zoom in Q4 2020, an estimated $128M increase.
- Cliff Asness's biggest Q4 2020 reduction was Biogen, cutting an estimated $309M.
- Cliff Asness fully exited iShares Core S&P 500 ETF in Q4 2020, selling an estimated $291M.
- Cliff Asness's ten largest holdings make up 19% of its $56.4B portfolio in Q4 2020.
- Cliff Asness opened 157 new positions and closed 151 in Q4 2020.
- Cliff Asness's portfolio value fell 4.7% quarter-over-quarter to $56.4B.
Based on AQR Capital Management's 13F filing for Q4 2020, filed 16 Feb 2021.