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 | |
|---|---|---|---|---|---|---|
176
East-West Bancorp
EWBC
$17.8B
| $417M | 0.15% |
3,227,066
+1,484,505
| +85% | +$182M |
|
177
Equifax
EFX
$22.6B
| $416M | 0.15% |
2,669,074
+905,167
| +51% | +$154M |
|
178
Boston Scientific
BSX
$73B
| $413M | 0.14% |
9,681,750
+4,441,914
| +85% | +$241M |
|
179
Cisco
CSCO
$438B
| $413M | 0.14% |
3,512,188
-538,320
| -13% | -$56.3M |
|
180
Texas Instruments
TXN
$241B
| $412M | 0.14% |
1,402,334
+1,120,312
| +397% | +$311M |
|
181
Cardinal Health
CAH
$53.4B
| $412M | 0.14% |
1,732,808
+143,038
| +9% | +$29.7M |
|
182
Curtiss-Wright
CW
$23.5B
| $410M | 0.14% |
545,314
-55,895
| -9% | -$41M |
|
183
Atmos Energy
ATO
$28.2B
| $409M | 0.14% |
2,373,903
+1,551,127
| +189% | +$278M |
|
184
Alexandria Real Estate Equities
ARE
$9.21B
| $404M | 0.14% |
7,648,039
+5,055,492
| +195% | +$242M |
|
185
Illinois Tool Works
ITW
$80.4B
| $404M | 0.14% |
1,524,595
+726,352
| +91% | +$188M |
|
186
Oracle
ORCL
$422B
| $404M | 0.14% |
2,755,930
+991,839
| +56% | +$180M |
|
187
Halliburton
HAL
$29.4B
| $403M | 0.14% |
11,869,743
+4,799,264
| +68% | +$188M |
|
188
American Tower
AMT
$81.9B
| $402M | 0.14% |
2,460,401
+1,886,295
| +329% | +$340M |
|
|
DOCU
189
DocuSign
DOCU
$11.8B
| $399M | 0.14% |
8,972,591
+4,128,800
| +85% | +$194M |
|
190
United Parcel Service
UPS
$86.8B
| $398M | 0.14% |
3,713,091
-689,222
| -16% | -$71.6M |
|
191
DTE Energy
DTE
$28.1B
| $397M | 0.14% |
2,606,437
+2,004,451
| +333% | +$293M |
|
|
192
Cigna
CI
$73.3B
| $396M | 0.14% |
1,436,556
-1,150,550
| -44% | -$325M |
|
193
SentinelOne
S
$7.26B
| $396M | 0.14% |
23,327,991
+3,560,270
| +18% | +$54.8M |
|
194
HP
HPQ
$27.2B
| $396M | 0.14% |
18,041,490
+3,206,380
| +22% | +$70.9M |
|
195
Copart
CPRT
$31.3B
| $395M | 0.14% |
14,020,624
+4,570,770
| +48% | +$148M |
|
196
Consolidated Edison
ED
$39.3B
| $394M | 0.14% |
3,557,080
+994,158
| +39% | +$108M |
|
197
TotalEnergies
TTE
$199B
| $388M | 0.14% |
4,992,015
+1,539,121
| +45% | +$136M |
|
198
The Mosaic Company
MOS
$7.76B
| $388M | 0.14% |
18,292,494
+7,367,770
| +67% | +$170M |
|
199
Factset
FDS
$10.7B
| $386M | 0.13% |
1,675,700
+1,368,158
| +445% | +$314M |
|
200
F5
FFIV
$21.8B
| $385M | 0.13% |
925,632
+243,260
| +36% | +$86.4M |
|
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.