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 | |
|---|---|---|---|---|---|---|
1576
Charles River Laboratories
CRL
$14.1B
| $9.97M | ﹤0.01% |
44,344
-27,234
| -38% | -$4.85M |
|
1577
Vanguard Morningstar Mid-Cap Value ETF
VOE
$24.4B
| $9.9M | ﹤0.01% |
50,121
+5,748
| +13% | +$1.11M |
|
1578
argenx
ARGX
$62.9B
| $9.9M | ﹤0.01% |
10,668
+8,138
| +322% | +$6.71M |
|
1579
Carlyle Group
CG
$17.6B
| $9.89M | ﹤0.01% |
234,942
-46,234
| -16% | -$2.17M |
|
1580
Phillips Edison & Co
PECO
$5.07B
| $9.87M | ﹤0.01% |
237,191
+45,973
| +24% | +$1.84M |
|
1581
Financial Institutions
FISI
$811M
| $9.8M | ﹤0.01% |
251,498
+93,488
| +59% | +$3.32M |
|
1582
Perdoceo Education
PRDO
$2.1B
| $9.78M | ﹤0.01% |
305,544
+10,528
| +4% | +$361K |
|
1583
Nomura Holdings
NMR
$28.5B
| $9.77M | ﹤0.01% |
1,112,770
+391,826
| +54% | +$3.26M |
|
1584
Steven Madden
SHOO
$3.36B
| $9.77M | ﹤0.01% |
232,049
-2,394
| -1% | -$96.9K |
|
1585
Viavi Solutions
VIAV
$9.13B
| $9.77M | ﹤0.01% |
204,563
+108,626
| +113% | +$5.2M |
|
|
ECHO
1586
EchoStar
ECHO
$24.8B
| $9.73M | ﹤0.01% |
98,126
+63,943
| +187% | +$7.82M |
|
1587
Innodata
INOD
$2.01B
| $9.66M | ﹤0.01% |
127,844
+96,193
| +304% | +$7.06M |
|
1588
Savers
SVV
$1.66B
| $9.66M | ﹤0.01% |
957,124
+650,428
| +212% | +$5.64M |
|
1589
LPL Financial
LPLA
$29B
| $9.65M | ﹤0.01% |
34,500
+1,575
| +5% | +$473K |
|
|
VGNT
1590
Versigent PLC
VGNT
$3.41B
| $9.61M | ﹤0.01% |
+238,995
| New | +$9.52M |
|
1591
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.4B
| $9.6M | ﹤0.01% |
81,861
+21,817
| +36% | +$2.55M |
|
1592
Fox Class B
FOX
$25.7B
| $9.58M | ﹤0.01% |
204,574
+31,024
| +18% | +$1.72M |
|
1593
AMC Global Media
AMCX
$516M
| $9.58M | ﹤0.01% |
959,648
+167,923
| +21% | +$1.49M |
|
1594
Wave Life Sciences
WVE
$1.03B
| $9.58M | ﹤0.01% |
1,648,045
+1,196,860
| +265% | +$7.94M |
|
|
HUT
1595
Hut 8
HUT
$9.77B
| $9.57M | ﹤0.01% |
82,874
+29,611
| +56% | +$2.87M |
|
1596
Antero Midstream
AM
$10.5B
| $9.57M | ﹤0.01% |
420,453
+227,116
| +117% | +$4.93M |
|
1597
Revolve Group
RVLV
$1.73B
| $9.54M | ﹤0.01% |
416,876
+162,136
| +64% | +$3.59M |
|
1598
Heritage Insurance Holdings
HRTG
$1.05B
| $9.54M | ﹤0.01% |
365,883
+16,634
| +5% | +$415K |
|
1599
Matsons
MATX
$6.64B
| $9.53M | ﹤0.01% |
49,577
-1,256
| -2% | -$229K |
|
1600
State Street SPDR S&P Dividend ETF
SDY
$22.2B
| $9.53M | ﹤0.01% |
62,619
+22,570
| +56% | +$3.36M |
|
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.