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 | |
|---|---|---|---|---|---|---|
2076
S&T Bancorp
STBA
$1.78B
| $4.51M | ﹤0.01% |
91,954
-5,423
| -6% | -$244K |
|
|
BLD
2077
DELISTED
TopBuild
BLD
| $4.5M | ﹤0.01% |
12,705
+5,456
| +75% | +$2.25M |
|
2078
Neogen
NEOG
$2.61B
| $4.49M | ﹤0.01% |
500,355
-89,694
| -15% | -$823K |
|
2079
Talos Energy
TALO
$2.92B
| $4.49M | ﹤0.01% |
347,423
+25,817
| +8% | +$385K |
|
2080
Academy Sports + Outdoors
ASO
$2.84B
| $4.48M | ﹤0.01% |
95,047
-12,179
| -11% | -$648K |
|
2081
NETGEAR
NTGR
$571M
| $4.47M | ﹤0.01% |
191,527
+32,436
| +20% | +$807K |
|
2082
Compañía de Minas Buenaventura
BVN
$9.01B
| $4.45M | ﹤0.01% |
154,281
+85,359
| +124% | +$2.9M |
|
2083
The Bancorp
TBBK
$2.74B
| $4.44M | ﹤0.01% |
70,880
+10,300
| +17% | +$590K |
|
2084
Cheesecake Factory
CAKE
$5.64B
| $4.42M | ﹤0.01% |
55,598
+1,962
| +4% | +$127K |
|
2085
Winnebago Industries
WGO
$898M
| $4.4M | ﹤0.01% |
140,805
-108,340
| -43% | -$3.3M |
|
2086
Employers Holdings
EIG
$865M
| $4.39M | ﹤0.01% |
87,007
+7,109
| +9% | +$312K |
|
2087
Ardagh Metal Packaging
AMBP
$3.2B
| $4.39M | ﹤0.01% |
925,571
+100,237
| +12% | +$412K |
|
2088
Community Bank
CBU
$3.34B
| $4.38M | ﹤0.01% |
65,300
+39,660
| +155% | +$2.51M |
|
|
AKRE
2089
Akre Focus ETF
AKRE
$5.48B
| $4.38M | ﹤0.01% |
82,283
+59,941
| +268% | +$3.24M |
|
2090
Herbalife
HLF
$1.33B
| $4.37M | ﹤0.01% |
332,636
-58,534
| -15% | -$807K |
|
2091
Nurix Therapeutics
NRIX
$2.77B
| $4.35M | ﹤0.01% |
179,464
+163,058
| +994% | +$2.78M |
|
2092
Ezcorp Inc
EZPW
$1.98B
| $4.35M | ﹤0.01% |
125,737
-83,979
| -40% | -$2.65M |
|
2093
Protolabs
PRLB
$1.9B
| $4.35M | ﹤0.01% |
53,319
-1,798
| -3% | -$126K |
|
2094
Schwab Fundamental Emerging Markets Large Company Index ETF
FNDE
$10.1B
| $4.34M | ﹤0.01% |
109,324
+30,807
| +39% | +$1.25M |
|
2095
Petco
WOOF
$811M
| $4.33M | ﹤0.01% |
1,603,116
-106,978
| -6% | -$297K |
|
2096
Outset Medical
OM
$79.1M
| $4.32M | ﹤0.01% |
998,961
+190,676
| +24% | +$834K |
|
2097
RCI Hospitality Holdings
RICK
$237M
| $4.31M | ﹤0.01% |
157,797
+16,421
| +12% | +$416K |
|
2098
Liberty Latin America Class C
LILAK
$1.64B
| $4.3M | ﹤0.01% |
552,220
+261,998
| +90% | +$1.9M |
|
2099
Franklin Covey
FC
$229M
| $4.3M | ﹤0.01% |
175,335
+66,429
| +61% | +$1.51M |
|
2100
Oportun Financial
OPRT
$345M
| $4.3M | ﹤0.01% |
752,758
+63,921
| +9% | +$342K |
|
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.