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 |
JPMorgan Chase
JPM
|
+$121M |
| 2 |
Goldman Sachs
GS
|
+$106M |
| 3 |
Carrier Global
CARR
|
+$80.6M |
| 4 |
Markel Group
MKL
|
+$79.9M |
| 5 |
Chubb
CB
|
+$77.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$339M |
| 2 |
Meta Platforms (Facebook)
META
|
+$291M |
| 3 |
Microsoft
MSFT
|
+$290M |
| 4 |
Target
TGT
|
+$207M |
| 5 |
Apple
AAPL
|
+$201M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 23.25% |
| 2 | Consumer Discretionary | 14.33% |
| 3 | Healthcare | 13.99% |
| 4 | Industrials | 11.75% |
| 5 | Financials | 11.36% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2076
Tonix Pharmaceuticals
TNXP
$215M
| – | – |
0
| – | – |
|
2077
Monarch Casino & Resort
MCRI
$2.25B
| $266K | ﹤0.01% |
+4,018
| New | +$277K |
|
|
TRUE
2078
DELISTED
TrueCar
TRUE
| $266K | ﹤0.01% |
47,112
-73,079
| -61% | -$368K |
|
2079
Safe Bulkers
SB
$865M
| $264K | ﹤0.01% |
+65,781
| New | +$230K |
|
2080
Ball Corp
BALL
$17.1B
| $263K | ﹤0.01% |
3,246
-21,291
| -87% | -$1.84M |
|
|
ASAP
2081
DELISTED
Waitr Holdings Inc. Common Stock
ASAP
| $263K | ﹤0.01% |
7,374
-640
| -8% | -$29K |
|
2082
Select Water Solutions
WTTR
$2.48B
| $261K | ﹤0.01% |
43,257
-2,179
| -5% | -$12.6K |
|
2083
Gevo
GEVO
$376M
| $260K | ﹤0.01% |
+35,764
| New | +$261K |
|
2084
Hilton Grand Vacations
HGV
$3.48B
| $259K | ﹤0.01% |
+6,259
| New | +$272K |
|
2085
Funko
FNKO
$380M
| $258K | ﹤0.01% |
+12,140
| New | +$276K |
|
2086
Aldeyra Therapeutics
ALDX
$92.9M
| $256K | ﹤0.01% |
+22,629
| New | +$272K |
|
2087
HEICO Corp
HEI
$49.2B
| $253K | ﹤0.01% |
1,821
+10
| +0.6% | +$1.38K |
|
2088
Prothena Corp
PRTA
$479M
| $253K | ﹤0.01% |
+4,917
| New | +$153K |
|
2089
Agnico Eagle Mines
AEM
$109B
| $252K | ﹤0.01% |
+4,163
| New | +$278K |
|
2090
Neuronetics
STIM
$222M
| $252K | ﹤0.01% |
+15,716
| New | +$217K |
|
|
ELME
2091
Elme Communities
ELME
$149M
| $248K | ﹤0.01% |
10,776
+1,697
| +19% | +$39.9K |
|
2092
Vitamin Cottage Natural Grocers
NGVC
$657M
| $248K | ﹤0.01% |
23,119
+12,035
| +109% | +$163K |
|
2093
Nicolet Bankshares
NIC
$3.64B
| $247K | ﹤0.01% |
3,510
+857
| +32% | +$66.8K |
|
2094
Protolabs
PRLB
$1.87B
| $247K | ﹤0.01% |
2,687
-5,915
| -69% | -$583K |
|
2095
Kosmos Energy
KOS
$1.69B
| $246K | ﹤0.01% |
71,233
+3,987
| +6% | +$12.4K |
|
2096
Pricesmart
PSMT
$5.38B
| $246K | ﹤0.01% |
2,704
-1,238
| -31% | -$110K |
|
2097
Radiant Logistics
RLGT
$392M
| $245K | ﹤0.01% |
35,417
+13,506
| +62% | +$97.7K |
|
2098
REX American Resources
REX
$1.41B
| $244K | ﹤0.01% |
16,206
+1,878
| +13% | +$27.3K |
|
|
CCF
2099
DELISTED
Chase Corporation
CCF
| $243K | ﹤0.01% |
2,368
+64
| +3% | +$7.08K |
|
|
NEX
2100
DELISTED
NexTier Oilfield Solutions Inc.
NEX
| $243K | ﹤0.01% |
50,979
-204
| -0.4% | -$896 |
|
Similar funds
Cliff Asness's Q2 2021 Portfolio in Review
As of Q2 2021, Cliff Asness held 2,351 positions worth $57.8B, down 5.5% from $61.1B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Cliff Asness withdrew a net $7.23B in Q2 2021, closing 138 positions and reducing 1,144 holdings. Its most notable exit was Extended Stay America, Inc. Paired Share Unit, an estimated $21.7M position sold in full.
By sector, the portfolio is most concentrated in Technology at 23% of assets, down from 24% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, Cliff Asness opened a new position in Li Auto worth $26M.
- Cliff Asness's largest Q2 2021 buy was Li Auto: 743,909 shares worth $26M.
- Cliff Asness added most to JPMorgan Chase in Q2 2021, an estimated $121M increase.
- Cliff Asness's biggest Q2 2021 reduction was Amazon, cutting an estimated $339M.
- Cliff Asness fully exited Extended Stay America, Inc. Paired Share Unit in Q2 2021, selling an estimated $21.7M.
- Cliff Asness's ten largest holdings make up 17% of its $57.8B portfolio in Q2 2021.
- Cliff Asness opened 173 new positions and closed 138 in Q2 2021.
- Cliff Asness's portfolio value fell 5.5% quarter-over-quarter to $57.8B.
Based on AQR Capital Management's 13F filing for Q2 2021, filed 16 Aug 2021.