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 | |
|---|---|---|---|---|---|---|
1901
Zumiez
ZUMZ
$308M
| $5.81M | ﹤0.01% |
326,429
-122,338
| -27% | -$2.73M |
|
1902
Kinetik
KNTK
$4.38B
| $5.81M | ﹤0.01% |
120,101
+95,009
| +379% | +$4.54M |
|
1903
Quanterix
QTRX
$141M
| $5.8M | ﹤0.01% |
1,343,005
+1,258,873
| +1,496% | +$4.08M |
|
1904
Genius Sports
GENI
$2.16B
| $5.8M | ﹤0.01% |
956,980
+408,540
| +74% | +$2.11M |
|
1905
Heartland Express
HTLD
$993M
| $5.79M | ﹤0.01% |
380,401
-21,862
| -5% | -$296K |
|
1906
Teck Resources
TECK
$33.9B
| $5.79M | ﹤0.01% |
97,530
-955
| -1% | -$58.2K |
|
1907
Interface
TILE
$2.25B
| $5.77M | ﹤0.01% |
161,033
+12,016
| +8% | +$351K |
|
1908
Central Pacific Financial
CPF
$964M
| $5.77M | ﹤0.01% |
150,924
+7,114
| +5% | +$247K |
|
1909
Costamare
CMRE
$1.89B
| $5.76M | ﹤0.01% |
411,121
+22,692
| +6% | +$372K |
|
1910
Elbit Systems
ESLT
$34.7B
| $5.76M | ﹤0.01% |
7,590
+4,249
| +127% | +$3.53M |
|
1911
JELD-WEN Holding
JELD
$200M
| $5.76M | ﹤0.01% |
3,838,258
+3,029,502
| +375% | +$4.67M |
|
1912
National Healthcare
NHC
$3.66B
| $5.73M | ﹤0.01% |
27,107
-3,122
| -10% | -$573K |
|
1913
Thor Industries
THO
$4.14B
| $5.72M | ﹤0.01% |
77,368
-22,749
| -23% | -$1.75M |
|
1914
State Street SPDR S&P 400 Mid Cap Growth ETF
MDYG
$2.89B
| $5.71M | ﹤0.01% |
50,916
+25,197
| +98% | +$2.67M |
|
1915
Terreno Realty
TRNO
$7.43B
| $5.7M | ﹤0.01% |
87,971
+14,142
| +19% | +$925K |
|
1916
TripAdvisor
TRIP
$1.17B
| $5.68M | ﹤0.01% |
413,945
-14,937
| -3% | -$169K |
|
1917
Live Oak Bancshares
LOB
$1.9B
| $5.67M | ﹤0.01% |
138,955
+38,340
| +38% | +$1.43M |
|
1918
The Greenbrier Companies
GBX
$1.42B
| $5.67M | ﹤0.01% |
115,671
-19,311
| -14% | -$949K |
|
1919
American Public Education
APEI
$835M
| $5.67M | ﹤0.01% |
105,495
+831
| +0.8% | +$45.7K |
|
1920
Syntax Stratified US Total Market Hedged ETF
SHUS
$25.4M
| $5.65M | ﹤0.01% |
111,633
| – | – |
|
1921
Stagwell
STGW
$2.13B
| $5.64M | ﹤0.01% |
758,451
+704
| +0.1% | +$4.67K |
|
|
MAGN
1922
Magnera Corp
MAGN
$439M
| $5.63M | ﹤0.01% |
479,549
+333,970
| +229% | +$3.66M |
|
1923
iShares Select Dividend ETF
DVY
$23.9B
| $5.63M | ﹤0.01% |
36,003
+3,269
| +10% | +$503K |
|
1924
Invesco Mortgage Capital
IVR
$809M
| $5.63M | ﹤0.01% |
712,061
+374,385
| +111% | +$3.02M |
|
1925
VanEck Morningstar Wide Moat ETF
MOAT
$12.4B
| $5.61M | ﹤0.01% |
53,981
-2,347
| -4% | -$237K |
|
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.