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 | |
|---|---|---|---|---|---|---|
2051
Southern First Bancshares
SFST
$597M
| $4.67M | ﹤0.01% |
76,428
+49,745
| +186% | +$2.87M |
|
2052
Bank of Marin Bancorp
BMRC
$436M
| $4.67M | ﹤0.01% |
168,484
+50,835
| +43% | +$1.33M |
|
|
NFBK
2053
DELISTED
Northfield Bancorp
NFBK
| $4.66M | ﹤0.01% |
316,355
-194,480
| -38% | -$2.75M |
|
2054
Liberty Media Series C
FWONK
$26.3B
| $4.65M | ﹤0.01% |
48,857
+16,900
| +53% | +$1.51M |
|
2055
Nordic American Tanker
NAT
$1.48B
| $4.65M | ﹤0.01% |
838,865
+13,972
| +2% | +$79.1K |
|
|
NEXN
2056
Nexxen International
NEXN
$573M
| $4.64M | ﹤0.01% |
513,961
+223,749
| +77% | +$1.76M |
|
2057
Integra LifeSciences
IART
$1.3B
| $4.64M | ﹤0.01% |
258,159
+122,574
| +90% | +$1.71M |
|
2058
Arq
ARQ
$100M
| $4.63M | ﹤0.01% |
1,814,114
+728,404
| +67% | +$1.81M |
|
2059
PACS Group
PACS
$7.01B
| $4.62M | ﹤0.01% |
108,384
-8,166
| -7% | -$294K |
|
2060
C3.ai
AI
$1.6B
| $4.62M | ﹤0.01% |
507,867
+332,270
| +189% | +$3.16M |
|
2061
Omega Flex
OFLX
$276M
| $4.6M | ﹤0.01% |
146,681
+45,287
| +45% | +$1.41M |
|
2062
Sinclair Inc
SBGI
$1.04B
| $4.6M | ﹤0.01% |
322,661
+218,277
| +209% | +$3.14M |
|
2063
Cactus
WHD
$5.57B
| $4.59M | ﹤0.01% |
89,560
+13,844
| +18% | +$772K |
|
2064
Vanguard Morningstar Mega Cap Value ETF
MGV
$13.7B
| $4.59M | ﹤0.01% |
28,068
+2,203
| +9% | +$342K |
|
2065
Burke & Herbert Financial Services Corp
BHRB
$1.44B
| $4.57M | ﹤0.01% |
63,604
+6,177
| +11% | +$400K |
|
2066
Pitney Bowes
PBI
$2.26B
| $4.56M | ﹤0.01% |
260,189
+23,359
| +10% | +$357K |
|
|
NTST
2067
NETSTREIT Corp
NTST
$2.07B
| $4.56M | ﹤0.01% |
215,605
+17,465
| +9% | +$354K |
|
2068
Atmus Filtration Technologies
ATMU
$4.06B
| $4.55M | ﹤0.01% |
89,324
-20,840
| -19% | -$1.13M |
|
|
LOVE
2069
LoveSac
LOVE
$235M
| $4.55M | ﹤0.01% |
272,794
+238,851
| +704% | +$3.78M |
|
2070
iShares Gold Trust Micro
IAUM
$7.3B
| $4.55M | ﹤0.01% |
113,598
+88,803
| +358% | +$3.99M |
|
2071
Scansource
SCSC
$1.1B
| $4.54M | ﹤0.01% |
87,139
-45,256
| -34% | -$1.98M |
|
2072
Arcturus Therapeutics
ARCT
$382M
| $4.54M | ﹤0.01% |
675,014
+513,736
| +319% | +$4.05M |
|
2073
SIGA Technologies
SIGA
$218M
| $4.54M | ﹤0.01% |
1,245,992
+26,315
| +2% | +$118K |
|
2074
Rogers Communications
RCI
$19.6B
| $4.53M | ﹤0.01% |
139,401
+45,774
| +49% | +$1.65M |
|
2075
iShares Core Universal USD Bond ETF
IUSB
$43.4B
| $4.51M | ﹤0.01% |
97,818
+5,432
| +6% | +$250K |
|
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.