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
|
+$150M |
| 2 |
GoDaddy
GDDY
|
+$129M |
| 3 |
Wynn Resorts
WYNN
|
+$106M |
| 4 |
Assurant
AIZ
|
+$104M |
| 5 |
Centene
CNC
|
+$102M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TSMC
TSM
|
+$672M |
| 2 |
Amgen
AMGN
|
+$200M |
| 3 |
Walmart Inc
WMT
|
+$150M |
| 4 |
Super Micro Computer
SMCI
|
+$141M |
| 5 |
DFS
Discover Financial Services
DFS
|
+$114M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 24.62% |
| 2 | Financials | 13.49% |
| 3 | Consumer Discretionary | 13.4% |
| 4 | Healthcare | 13.12% |
| 5 | Industrials | 12.43% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1351
Phibro Animal Health
PAHC
$1.43B
| $2.31M | ﹤0.01% |
+178,510
| New | +$2.14M |
|
1352
SPS Commerce
SPSC
$2.93B
| $2.3M | ﹤0.01% |
12,465
-758
| -6% | -$140K |
|
1353
Patterson-UTI
PTEN
$4.52B
| $2.3M | ﹤0.01% |
192,615
+128,661
| +201% | +$1.43M |
|
1354
Universal Corp
UVV
$1.14B
| $2.3M | ﹤0.01% |
44,418
-238
| -0.5% | -$12.9K |
|
1355
KLX Energy Services
KLXE
$34.3M
| $2.3M | ﹤0.01% |
296,797
+116,523
| +65% | +$1.04M |
|
1356
KBR
KBR
$4.75B
| $2.29M | ﹤0.01% |
35,958
+23,370
| +186% | +$1.33M |
|
1357
Amalgamated Financial
AMAL
$1.46B
| $2.27M | ﹤0.01% |
94,486
+63,120
| +201% | +$1.55M |
|
1358
Helmerich & Payne
HP
$4.25B
| $2.27M | ﹤0.01% |
53,867
-62,347
| -54% | -$2.36M |
|
1359
PennyMac Financial
PFSI
$3.91B
| $2.26M | ﹤0.01% |
24,862
+882
| +4% | +$77.1K |
|
1360
Shutterstock
SSTK
$198M
| $2.26M | ﹤0.01% |
49,271
+6,158
| +14% | +$293K |
|
1361
Axsome Therapeutics
AXSM
$10.8B
| $2.26M | ﹤0.01% |
28,276
+19,946
| +239% | +$1.67M |
|
|
BAND
1362
Bandwidth Inc
BAND
$1.49B
| $2.26M | ﹤0.01% |
123,501
-41,302
| -25% | -$650K |
|
|
EQC
1363
DELISTED
Equity Commonwealth
EQC
| $2.25M | ﹤0.01% |
119,378
+15,859
| +15% | +$301K |
|
1364
Parsons
PSN
$5.21B
| $2.25M | ﹤0.01% |
27,106
+6,455
| +31% | +$471K |
|
1365
Power Integrations
POWI
$2.97B
| $2.24M | ﹤0.01% |
31,311
-11,695
| -27% | -$873K |
|
1366
JetBlue
JBLU
$1.87B
| $2.23M | ﹤0.01% |
300,675
-1,065,533
| -78% | -$6.61M |
|
1367
Oppenheimer Holdings
OPY
$1.24B
| $2.23M | ﹤0.01% |
55,864
-43,620
| -44% | -$1.7M |
|
1368
Forward Air
FWRD
$594M
| $2.23M | ﹤0.01% |
+71,539
| New | +$2.99M |
|
1369
Federal Agricultural Mortgage
AGM
$2.38B
| $2.22M | ﹤0.01% |
11,295
+6,956
| +160% | +$1.29M |
|
1370
Huron Consulting
HURN
$2.59B
| $2.22M | ﹤0.01% |
22,947
+3,760
| +20% | +$381K |
|
1371
PROG Holdings
PRG
$1.56B
| $2.22M | ﹤0.01% |
64,410
+33,427
| +108% | +$1.05M |
|
1372
Allegion
ALLE
$13.8B
| $2.21M | ﹤0.01% |
16,400
-1,465
| -8% | -$188K |
|
|
FSP
1373
Franklin Street Properties
FSP
$48.2M
| $2.21M | ﹤0.01% |
971,568
-681,505
| -41% | -$1.63M |
|
1374
AMC Global Media
AMCX
$512M
| $2.2M | ﹤0.01% |
181,398
-58,051
| -24% | -$881K |
|
1375
Brown & Brown
BRO
$25B
| $2.2M | ﹤0.01% |
25,130
+12,496
| +99% | +$1M |
|
Similar funds
Cliff Asness's Q1 2024 Portfolio in Review
As of Q1 2024, Cliff Asness held 2,547 positions worth $58.7B, up 11% from $53.1B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Cliff Asness's Q1 2024 filing shows 225 new, 1,201 increased, 957 reduced and 144 closed positions. Its largest new stake was Snap: 4,386,413 shares worth $50.4M. The largest sale was TSMC, an estimated $672M.
By sector, the portfolio is most concentrated in Technology at 25% of assets, down from 26% a quarter earlier, followed by Financials and Consumer Discretionary.
- Cliff Asness's largest Q1 2024 buy was Snap: 4,386,413 shares worth $50.4M.
- Cliff Asness added most to Zoom in Q1 2024, an estimated $150M increase.
- Cliff Asness's biggest Q1 2024 reduction was TSMC, cutting an estimated $672M.
- Cliff Asness fully exited Splunk Inc in Q1 2024, selling an estimated $9.79M.
- Cliff Asness's ten largest holdings make up 15% of its $58.7B portfolio in Q1 2024.
- Cliff Asness opened 225 new positions and closed 144 in Q1 2024.
- Cliff Asness's portfolio value rose 11% quarter-over-quarter to $58.7B.
Based on AQR Capital Management's 13F filing for Q1 2024, filed 15 May 2024.