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 | |
|---|---|---|---|---|---|---|
|
DEA
1551
Easterly Government Properties
DEA
$1.17B
| $10.4M | ﹤0.01% |
419,013
+141,735
| +51% | +$3.32M |
|
1552
Itron
ITRI
$4.32B
| $10.4M | ﹤0.01% |
120,619
+60,168
| +100% | +$5.14M |
|
1553
Akebia Therapeutics
AKBA
$245M
| $10.4M | ﹤0.01% |
9,151,524
+7,358,904
| +411% | +$8.76M |
|
1554
State Street SPDR Portfolio Intermediate Term Treasury ETF
SPTI
$10.7B
| $10.4M | ﹤0.01% |
366,227
+40,007
| +12% | +$1.14M |
|
1555
AAR Corp
AIR
$5.33B
| $10.4M | ﹤0.01% |
72,571
+41,187
| +131% | +$4.86M |
|
1556
Fate Therapeutics
FATE
$285M
| $10.4M | ﹤0.01% |
3,837,229
+835,708
| +28% | +$1.55M |
|
1557
Keros Therapeutics
KROS
$219M
| $10.4M | ﹤0.01% |
967,859
+561,296
| +138% | +$6.25M |
|
1558
Camping World
CWH
$659M
| $10.4M | ﹤0.01% |
1,356,766
+1,248,543
| +1,154% | +$9.05M |
|
|
AAUS
1559
Alpha Architect US Equity ETF
AAUS
$503M
| $10.3M | ﹤0.01% |
172,768
| – | – |
|
1560
First Citizens BancShares
FCNCA
$24.7B
| $10.3M | ﹤0.01% |
4,963
-3,421
| -41% | -$6.86M |
|
1561
Signet Jewelers
SIG
$3.25B
| $10.3M | ﹤0.01% |
119,490
-20,092
| -14% | -$1.74M |
|
1562
Mobileye
MBLY
$7.27B
| $10.2M | ﹤0.01% |
1,053,653
+854,419
| +429% | +$7.62M |
|
1563
Carter Bankshares
CARE
$722M
| $10.2M | ﹤0.01% |
299,724
+239,810
| +400% | +$6.49M |
|
1564
Tenaris
TS
$26.8B
| $10.2M | ﹤0.01% |
183,476
+38,049
| +26% | +$2.31M |
|
1565
SiriusPoint
SPNT
$2.78B
| $10.2M | ﹤0.01% |
422,975
+11,704
| +3% | +$268K |
|
1566
Buckle
BKE
$2.26B
| $10.1M | ﹤0.01% |
238,486
-78,670
| -25% | -$3.89M |
|
1567
Semtech
SMTC
$11B
| $10.1M | ﹤0.01% |
62,156
-176
| -0.3% | -$23K |
|
1568
Telos
TLS
$326M
| $10.1M | ﹤0.01% |
2,186,604
+925,241
| +73% | +$4.09M |
|
1569
Penumbra
PEN
$12.8B
| $10M | ﹤0.01% |
31,776
-45,588
| -59% | -$14.8M |
|
1570
Columbus McKinnon
CMCO
$520M
| $10M | ﹤0.01% |
663,076
-481,797
| -42% | -$7.18M |
|
1571
Provident Financial Services
PFS
$3.08B
| $10M | ﹤0.01% |
423,036
+23,256
| +6% | +$522K |
|
1572
Consensus Cloud Solutions
CCSI
$705M
| $10M | ﹤0.01% |
262,823
-58,331
| -18% | -$1.75M |
|
1573
Denali Therapeutics
DNLI
$3.83B
| $9.99M | ﹤0.01% |
388,469
+285,890
| +279% | +$5.87M |
|
1574
Aegon
AEG
$13.6B
| $9.99M | ﹤0.01% |
1,183,752
+395,043
| +50% | +$3.26M |
|
1575
SoFi Technologies
SOFI
$23.8B
| $9.99M | ﹤0.01% |
557,011
-39,598
| -7% | -$671K |
|
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.