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 | |
|---|---|---|---|---|---|---|
|
SGI
2026
Somnigroup International
SGI
$13.6B
| $4.84M | ﹤0.01% |
62,372
+12,310
| +25% | +$902K |
|
|
BBNX
2027
Beta Bionics
BBNX
$857M
| $4.83M | ﹤0.01% |
308,468
+248,181
| +412% | +$2.95M |
|
2028
Sally Beauty Holdings
SBH
$1.55B
| $4.83M | ﹤0.01% |
343,363
+24,557
| +8% | +$331K |
|
2029
Invesco S&P 500 Revenue ETF
RWL
$9.95B
| $4.81M | ﹤0.01% |
37,664
+16,743
| +80% | +$2.08M |
|
2030
Brighthouse Financial
BHF
$3.01B
| $4.81M | ﹤0.01% |
75,929
-208,242
| -73% | -$13M |
|
2031
Amcor
AMCR
$22.5B
| $4.81M | ﹤0.01% |
111,186
-219,794
| -66% | -$8.72M |
|
2032
Klaviyo
KVYO
$5.22B
| $4.8M | ﹤0.01% |
317,805
-594,103
| -65% | -$9.85M |
|
2033
Arrow Financial
AROW
$713M
| $4.79M | ﹤0.01% |
116,804
+19,777
| +20% | +$734K |
|
2034
Hovnanian Enterprises
HOV
$770M
| $4.78M | ﹤0.01% |
33,531
-527
| -2% | -$60.2K |
|
2035
Consolidated Water Co
CWCO
$472M
| $4.77M | ﹤0.01% |
161,688
+69,839
| +76% | +$2.19M |
|
2036
Cooper-Standard Automotive
CPS
$498M
| $4.76M | ﹤0.01% |
176,058
-115
| -0.1% | -$3.39K |
|
2037
Paysafe
PSFE
$359M
| $4.76M | ﹤0.01% |
637,301
+208,988
| +49% | +$1.63M |
|
2038
Civista Bancshares
CIVB
$574M
| $4.76M | ﹤0.01% |
168,561
+12,205
| +8% | +$310K |
|
2039
DigitalOcean
DOCN
$13.6B
| $4.73M | ﹤0.01% |
30,599
+2,221
| +8% | +$300K |
|
2040
RH
RH
$2.9B
| $4.73M | ﹤0.01% |
29,036
+4,430
| +18% | +$611K |
|
2041
IonQ
IONQ
$18.2B
| $4.73M | ﹤0.01% |
88,825
+33,297
| +60% | +$1.69M |
|
2042
Marcus Corp
MCS
$912M
| $4.73M | ﹤0.01% |
201,437
-8,159
| -4% | -$160K |
|
2043
Helmerich & Payne
HP
$4.35B
| $4.7M | ﹤0.01% |
143,564
+3,963
| +3% | +$148K |
|
2044
Willdan Group
WLDN
$1.3B
| $4.7M | ﹤0.01% |
59,401
+6,691
| +13% | +$570K |
|
2045
Middlesex Water
MSEX
$1.1B
| $4.7M | ﹤0.01% |
83,621
+66,694
| +394% | +$3.51M |
|
|
DFSV
2046
Dimensional US Small Cap Value ETF
DFSV
$8.48B
| $4.69M | ﹤0.01% |
120,824
+25,978
| +27% | +$971K |
|
2047
BILL Holdings
BILL
$4.76B
| $4.68M | ﹤0.01% |
130,273
-25,901
| -17% | -$954K |
|
2048
Transcat
TRNS
$866M
| $4.68M | ﹤0.01% |
50,414
+34,174
| +210% | +$2.79M |
|
2049
Invesco Total Return Bond ETF
GTO
$2.48B
| $4.68M | ﹤0.01% |
99,776
+4,444
| +5% | +$208K |
|
2050
Newmark Group
NMRK
$2.94B
| $4.67M | ﹤0.01% |
309,114
+133,468
| +76% | +$2.04M |
|
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.