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 | |
|---|---|---|---|---|---|---|
1801
Hope Bancorp
HOPE
$1.78B
| $6.86M | ﹤0.01% |
501,131
-130
| -0% | -$1.63K |
|
1802
Marten Transport
MRTN
$1.22B
| $6.86M | ﹤0.01% |
395,125
+49,338
| +14% | +$785K |
|
1803
WaFd
WAFD
$2.69B
| $6.85M | ﹤0.01% |
179,778
+15,500
| +9% | +$546K |
|
1804
Syntax Stratified LargeCap ETF
SSPY
$132M
| $6.83M | ﹤0.01% |
70,332
+5,750
| +9% | +$540K |
|
1805
Regal Rexnord
RRX
$11.1B
| $6.81M | ﹤0.01% |
30,019
-16,505
| -35% | -$3.45M |
|
1806
Liquidia Corp
LQDA
$6.14B
| $6.81M | ﹤0.01% |
85,415
+36,429
| +74% | +$1.95M |
|
1807
TKO Group
TKO
$14.1B
| $6.78M | ﹤0.01% |
33,659
+26,789
| +390% | +$5.22M |
|
1808
Northern Oil and Gas
NOG
$2.91B
| $6.77M | ﹤0.01% |
372,871
+235,294
| +171% | +$5.58M |
|
1809
Janus Henderson AAA CLO ETF
JAAA
$30.1B
| $6.76M | ﹤0.01% |
133,904
+13,670
| +11% | +$692K |
|
1810
RB Global
RBA
$16.1B
| $6.75M | ﹤0.01% |
57,976
+6,922
| +14% | +$728K |
|
1811
iShares US Equity Factor ETF
LRGF
$3.68B
| $6.75M | ﹤0.01% |
89,196
+120
| +0.1% | +$8.78K |
|
1812
Hilton Grand Vacations
HGV
$3.51B
| $6.74M | ﹤0.01% |
128,729
-254,699
| -66% | -$12.3M |
|
1813
Axcelis
ACLS
$3.92B
| $6.73M | ﹤0.01% |
35,538
-4,477
| -11% | -$664K |
|
1814
Granite Ridge Resources
GRNT
$674M
| $6.73M | ﹤0.01% |
1,526,352
+508,054
| +50% | +$2.67M |
|
1815
QCR Holdings
QCRH
$1.66B
| $6.73M | ﹤0.01% |
69,122
+20,615
| +42% | +$1.89M |
|
1816
SandRidge Energy
SD
$532M
| $6.71M | ﹤0.01% |
489,909
+33,767
| +7% | +$503K |
|
1817
GoodRx Holdings
GDRX
$1.18B
| $6.7M | ﹤0.01% |
2,326,080
+523,735
| +29% | +$1.33M |
|
1818
Mitek Systems
MITK
$837M
| $6.69M | ﹤0.01% |
332,413
+13,318
| +4% | +$207K |
|
1819
Utz Brands
UTZ
$1.24B
| $6.69M | ﹤0.01% |
868,387
+671,400
| +341% | +$5.01M |
|
1820
Vanguard Short-Term Treasury ETF
VGSH
$30.2B
| $6.68M | ﹤0.01% |
114,806
+16,889
| +17% | +$984K |
|
1821
Empire State Realty Trust
ESRT
$834M
| $6.64M | ﹤0.01% |
1,226,987
+1,027,701
| +516% | +$5.59M |
|
1822
Southside Bancshares
SBSI
$956M
| $6.64M | ﹤0.01% |
188,629
+35,446
| +23% | +$1.17M |
|
1823
Avantis US Equity ETF
AVUS
$14.4B
| $6.61M | ﹤0.01% |
51,624
+762
| +1% | +$93.9K |
|
|
INN
1824
Summit Hotel Properties
INN
$664M
| $6.6M | ﹤0.01% |
941,659
+518,188
| +122% | +$2.86M |
|
1825
Clearwater Paper
CLW
$351M
| $6.6M | ﹤0.01% |
420,773
+242,479
| +136% | +$3.65M |
|
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.