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 | |
|---|---|---|---|---|---|---|
1601
iShares Core S&P US Growth ETF
IUSG
$33.1B
| $9.52M | ﹤0.01% |
50,635
+20,274
| +67% | +$3.66M |
|
1602
UWM Holdings
UWMC
$2.23B
| $9.52M | ﹤0.01% |
4,368,394
+1,484,749
| +51% | +$4.61M |
|
1603
MiMedx Group
MDXG
$631M
| $9.5M | ﹤0.01% |
2,467,005
+1,554,277
| +170% | +$5.67M |
|
1604
iShares Core MSCI International Developed Markets ETF
IDEV
$32.6B
| $9.49M | ﹤0.01% |
106,593
+20,470
| +24% | +$1.81M |
|
|
TIC
1605
TIC Solutions Inc
TIC
$2.04B
| $9.46M | ﹤0.01% |
1,169,031
+922,156
| +374% | +$7.78M |
|
1606
Box
BOX
$4.56B
| $9.44M | ﹤0.01% |
355,611
+245,564
| +223% | +$6.13M |
|
1607
Silicon Laboratories
SLAB
$7.27B
| $9.37M | ﹤0.01% |
42,883
-231,569
| -84% | -$50.1M |
|
1608
EPAM Systems
EPAM
$5.75B
| $9.37M | ﹤0.01% |
119,336
-467,579
| -80% | -$49.4M |
|
1609
Nelnet
NNI
$4.58B
| $9.35M | ﹤0.01% |
70,127
+2,735
| +4% | +$362K |
|
1610
Adtran
ADTN
$623M
| $9.33M | ﹤0.01% |
671,403
-172,521
| -20% | -$2.69M |
|
1611
Ocular Therapeutix
OCUL
$2.33B
| $9.33M | ﹤0.01% |
950,338
+450,999
| +90% | +$4.09M |
|
|
WBS
1612
DELISTED
Webster Financial
WBS
| $9.33M | ﹤0.01% |
122,900
-1,048,901
| -90% | -$76.3M |
|
1613
RLJ Lodging Trust
RLJ
$1.75B
| $9.32M | ﹤0.01% |
786,365
-63,051
| -7% | -$590K |
|
1614
Verra Mobility
VRRM
$684M
| $9.32M | ﹤0.01% |
2,192,050
+1,959,342
| +842% | +$20.7M |
|
1615
Expro Ltd
XPRO
$1.99B
| $9.31M | ﹤0.01% |
630,153
-19,444
| -3% | -$312K |
|
1616
JPMorgan Ultra-Short Income ETF
JPST
$40.8B
| $9.3M | ﹤0.01% |
183,973
+28,393
| +18% | +$1.43M |
|
|
MFA
1617
MFA Financial
MFA
$900M
| $9.26M | ﹤0.01% |
955,204
-61,606
| -6% | -$598K |
|
1618
Vitamin Cottage Natural Grocers
NGVC
$652M
| $9.25M | ﹤0.01% |
298,071
+113,688
| +62% | +$3.27M |
|
1619
Tompkins Financial
TMP
$1.42B
| $9.24M | ﹤0.01% |
97,778
+22,203
| +29% | +$1.91M |
|
1620
Equinor
EQNR
$100B
| $9.23M | ﹤0.01% |
293,871
+110,878
| +61% | +$4.14M |
|
1621
Alerus Financial
ALRS
$822M
| $9.23M | ﹤0.01% |
296,688
+27,523
| +10% | +$756K |
|
1622
Bumble
BMBL
$363M
| $9.22M | ﹤0.01% |
2,881,120
-1,464,526
| -34% | -$5.01M |
|
1623
CONMED
CNMD
$1.56B
| $9.19M | ﹤0.01% |
280,916
+200,687
| +250% | +$7.22M |
|
1624
State Street SPDR US Small Cap Low Volatility Index ETF
SMLV
$259M
| $9.16M | ﹤0.01% |
58,197
+809
| +1% | +$119K |
|
1625
Unisys
UIS
$195M
| $9.16M | ﹤0.01% |
2,501,607
+1,128,959
| +82% | +$3.54M |
|
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.