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 | |
|---|---|---|---|---|---|---|
1826
Privia Health
PRVA
$2.7B
| $6.58M | ﹤0.01% |
255,610
+22,540
| +10% | +$522K |
|
1827
Rhythm Pharmaceuticals
RYTM
$7.57B
| $6.57M | ﹤0.01% |
59,208
-71
| -0.1% | -$6.42K |
|
|
TRST
1828
Trustco Bank Corp NY
TRST
$968M
| $6.57M | ﹤0.01% |
119,647
-9,576
| -7% | -$475K |
|
1829
Navient
NAVI
$886M
| $6.56M | ﹤0.01% |
770,767
+450,977
| +141% | +$3.79M |
|
|
SHOE
1830
Shoe Station Group
SHOE
$420M
| $6.55M | ﹤0.01% |
441,607
+276,305
| +167% | +$4.72M |
|
1831
HealthStream
HSTM
$844M
| $6.55M | ﹤0.01% |
240,232
+181,390
| +308% | +$4.25M |
|
|
SCHV
1832
Schwab US Large-Cap Value ETF
SCHV
$16B
| $6.55M | ﹤0.01% |
188,048
+35,971
| +24% | +$1.18M |
|
1833
Dimensional International Small Cap Value ETF
DISV
$5.23B
| $6.53M | ﹤0.01% |
162,762
+18,459
| +13% | +$766K |
|
1834
Tiptree Inc
TIPT
$675M
| $6.53M | ﹤0.01% |
364,204
+226,040
| +164% | +$3.91M |
|
1835
First Mid Bancshares
FMBH
$1.34B
| $6.52M | ﹤0.01% |
135,673
+21,501
| +19% | +$948K |
|
1836
Rush Enterprises Class A
RUSHA
$8.54B
| $6.51M | ﹤0.01% |
89,167
-4,651
| -5% | -$328K |
|
1837
ICU Medical
ICUI
$4.57B
| $6.48M | ﹤0.01% |
44,188
+28,925
| +190% | +$3.77M |
|
1838
8x8 Inc
EGHT
$290M
| $6.47M | ﹤0.01% |
3,786,088
-930,396
| -20% | -$1.87M |
|
1839
Johnson Outdoors
JOUT
$497M
| $6.46M | ﹤0.01% |
140,392
-8,459
| -6% | -$402K |
|
1840
H.B. Fuller
FUL
$3.16B
| $6.46M | ﹤0.01% |
110,874
+33,675
| +44% | +$2.07M |
|
1841
ArcBest
ARCB
$3.14B
| $6.46M | ﹤0.01% |
44,997
-7,946
| -15% | -$1.03M |
|
1842
Banco Bradesco
BBD
$33.9B
| $6.46M | ﹤0.01% |
1,860,623
+556,376
| +43% | +$2.04M |
|
1843
Independent Bank Corp
IBCP
$824M
| $6.45M | ﹤0.01% |
178,957
+43,217
| +32% | +$1.48M |
|
1844
First Watch Restaurant Group
FWRG
$804M
| $6.41M | ﹤0.01% |
497,128
+398,962
| +406% | +$4.68M |
|
1845
Bankwell Financial Group
BWFG
$529M
| $6.4M | ﹤0.01% |
108,960
+57,990
| +114% | +$3.07M |
|
1846
SL Green Realty
SLG
$4.07B
| $6.39M | ﹤0.01% |
123,488
+60,095
| +95% | +$2.68M |
|
|
UHT
1847
Universal Health Realty Income Trust
UHT
$573M
| $6.37M | ﹤0.01% |
145,264
-1,348
| -0.9% | -$55.4K |
|
1848
ENI
E
$81.5B
| $6.37M | ﹤0.01% |
135,896
+66,256
| +95% | +$3.55M |
|
1849
Brown-Forman Class B
BF.B
$13.1B
| $6.36M | ﹤0.01% |
238,779
+57,514
| +32% | +$1.55M |
|
1850
iShares Russell Mid-Cap Growth ETF
IWP
$20.7B
| $6.36M | ﹤0.01% |
43,450
+21,494
| +98% | +$2.96M |
|
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.