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 | |
|---|---|---|---|---|---|---|
1676
Donnelley Financial Solutions
DFIN
$1.19B
| $8.44M | ﹤0.01% |
201,088
+128,188
| +176% | +$5.59M |
|
1677
NewtekOne
NEWT
$362M
| $8.42M | ﹤0.01% |
568,816
+3,928
| +0.7% | +$51.8K |
|
1678
Quaker Houghton
KWR
$2.81B
| $8.42M | ﹤0.01% |
53,019
+3,495
| +7% | +$491K |
|
1679
State Street Communication Services Select Sector SPDR ETF
XLC
$22.5B
| $8.41M | ﹤0.01% |
78,519
+18,151
| +30% | +$2.07M |
|
1680
PC Connection
CNXN
$1.97B
| $8.39M | ﹤0.01% |
114,996
-1,093
| -0.9% | -$72.9K |
|
1681
Frontdoor
FTDR
$5.69B
| $8.37M | ﹤0.01% |
110,659
-1,510
| -1% | -$96.6K |
|
1682
Procept Biorobotics
PRCT
$1.24B
| $8.36M | ﹤0.01% |
370,455
+114,604
| +45% | +$2.87M |
|
1683
Luxfer Holdings
LXFR
$460M
| $8.35M | ﹤0.01% |
462,847
-27,966
| -6% | -$437K |
|
1684
Intellia Therapeutics
NTLA
$1.8B
| $8.34M | ﹤0.01% |
492,954
-137,575
| -22% | -$1.93M |
|
1685
Acco Brands
ACCO
$391M
| $8.27M | ﹤0.01% |
1,988,676
-419,498
| -17% | -$1.54M |
|
1686
Kaiser Aluminum
KALU
$2.52B
| $8.26M | ﹤0.01% |
42,224
+14,337
| +51% | +$2.44M |
|
1687
TC Energy
TRP
$64.6B
| $8.25M | ﹤0.01% |
124,591
+17,964
| +17% | +$1.19M |
|
|
KLC
1688
KinderCare Learning Companies
KLC
$326M
| $8.24M | ﹤0.01% |
1,939,625
+1,182,813
| +156% | +$4.37M |
|
1689
Life Time Group Holdings
LTH
$10.1B
| $8.24M | ﹤0.01% |
201,772
-146,601
| -42% | -$4.65M |
|
1690
Horizon Bancorp
HBNC
$1B
| $8.23M | ﹤0.01% |
411,959
+76,489
| +23% | +$1.41M |
|
|
SAFE
1691
Safehold
SAFE
$1.09B
| $8.23M | ﹤0.01% |
524,190
+77,911
| +17% | +$1.18M |
|
1692
Erie Indemnity
ERIE
$13.8B
| $8.21M | ﹤0.01% |
34,537
+13,810
| +67% | +$3.17M |
|
1693
Diebold Nixdorf
DBD
$2.37B
| $8.19M | ﹤0.01% |
96,350
+14,360
| +18% | +$1.15M |
|
1694
Anika Therapeutics
ANIK
$291M
| $8.19M | ﹤0.01% |
559,846
+287,577
| +106% | +$4.26M |
|
1695
American Healthcare REIT
AHR
$12.2B
| $8.19M | ﹤0.01% |
159,183
+84,909
| +114% | +$4.17M |
|
1696
Vanguard Morningstar Mid-Cap Growth ETF
VOT
$19.7B
| $8.18M | ﹤0.01% |
26,706
+9,643
| +57% | +$2.78M |
|
1697
Knife River
KNF
$3.76B
| $8.18M | ﹤0.01% |
97,745
+68,042
| +229% | +$5.62M |
|
1698
Coty
COTY
$2.41B
| $8.15M | ﹤0.01% |
4,118,542
+357,617
| +10% | +$771K |
|
1699
First Business Financial Services
FBIZ
$575M
| $8.14M | ﹤0.01% |
128,927
+34,300
| +36% | +$1.99M |
|
1700
Matrix Service
MTRX
$311M
| $8.14M | ﹤0.01% |
594,197
+95,256
| +19% | +$1.23M |
|
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.