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 | |
|---|---|---|---|---|---|---|
|
GRAL
1351
GRAIL Inc
GRAL
$3.44B
| $14.2M | ﹤0.01% |
211,341
-80,663
| -28% | -$4.75M |
|
1352
Nextpower Inc
NXT
$12.8B
| $14.2M | ﹤0.01% |
119,368
-71,862
| -38% | -$8.87M |
|
1353
First Majestic Silver
AG
$10.3B
| $14.1M | ﹤0.01% |
840,418
+133,639
| +19% | +$2.65M |
|
1354
Alignment Healthcare
ALHC
$2.78B
| $14.1M | ﹤0.01% |
593,717
-223,549
| -27% | -$4.29M |
|
1355
Deluxe
DLX
$1.11B
| $14.1M | ﹤0.01% |
591,896
-54,949
| -8% | -$1.43M |
|
1356
Ouster
OUST
$2.59B
| $14.1M | ﹤0.01% |
225,290
-6,131
| -3% | -$206K |
|
1357
RXO
RXO
$3.51B
| $14M | ﹤0.01% |
514,660
-119,550
| -19% | -$2.64M |
|
1358
Cavco Industries
CVCO
$4.51B
| $14M | ﹤0.01% |
22,824
+8,197
| +56% | +$4.35M |
|
|
CNR
1359
Core Natural Resources Inc
CNR
$4.78B
| $14M | ﹤0.01% |
175,091
+166,295
| +1,891% | +$14.7M |
|
1360
Alight
ALIT
$395M
| $14M | ﹤0.01% |
1,250,057
+192,498
| +18% | +$2.72M |
|
1361
SAP
SAP
$253B
| $14M | ﹤0.01% |
90,633
-11,606
| -11% | -$1.98M |
|
1362
Revvity
RVTY
$13.7B
| $14M | ﹤0.01% |
125,487
+34,624
| +38% | +$3.33M |
|
1363
AdvanSix
ASIX
$451M
| $13.9M | ﹤0.01% |
700,057
+61,486
| +10% | +$1.38M |
|
1364
Oil States International
OIS
$500M
| $13.9M | ﹤0.01% |
1,736,910
-87,805
| -5% | -$832K |
|
1365
Dimensional US Core Equity Market ETF
DFAU
$12.7B
| $13.9M | ﹤0.01% |
269,132
+13,539
| +5% | +$678K |
|
1366
ICICI Bank
IBN
$106B
| $13.9M | ﹤0.01% |
478,999
-497
| -0.1% | -$13.4K |
|
1367
Citi Trends
CTRN
$621M
| $13.8M | ﹤0.01% |
239,003
+22,080
| +10% | +$1.06M |
|
1368
Four Corners Property Trust
FCPT
$2.8B
| $13.8M | ﹤0.01% |
562,786
+202,571
| +56% | +$5.04M |
|
1369
Brookfield
BN
$93.6B
| $13.8M | ﹤0.01% |
324,994
+155,374
| +92% | +$6.95M |
|
1370
Cytokinetics
CYTK
$10.7B
| $13.8M | ﹤0.01% |
161,903
+5,359
| +3% | +$385K |
|
1371
Extreme Networks
EXTR
$2.92B
| $13.8M | ﹤0.01% |
426,041
+143,638
| +51% | +$3.46M |
|
1372
Franklin Electric
FELE
$4.56B
| $13.8M | ﹤0.01% |
128,413
+1,095
| +0.9% | +$110K |
|
1373
Amneal Pharmaceuticals
AMRX
$6.2B
| $13.8M | ﹤0.01% |
795,028
-69,764
| -8% | -$956K |
|
1374
Certara
CERT
$1.21B
| $13.8M | ﹤0.01% |
2,160,167
+1,589,441
| +278% | +$8.96M |
|
1375
Skywest
SKYW
$3.97B
| $13.7M | ﹤0.01% |
138,232
-21,814
| -14% | -$1.94M |
|
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.