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 | |
|---|---|---|---|---|---|---|
2151
Annexon
ANNX
$961M
| $3.95M | ﹤0.01% |
691,812
-85,441
| -11% | -$472K |
|
2152
Alpha and Omega Semiconductor
AOSL
$798M
| $3.95M | ﹤0.01% |
83,433
-58,224
| -41% | -$2.34M |
|
2153
Northrim BanCorp
NRIM
$574M
| $3.94M | ﹤0.01% |
142,213
+50,131
| +54% | +$1.24M |
|
2154
iShares 1-3 Year Treasury Bond ETF
SHY
$25.5B
| $3.94M | ﹤0.01% |
48,024
-1,187
| -2% | -$97.6K |
|
2155
Korro Bio
KRRO
$194M
| $3.94M | ﹤0.01% |
298,974
+31,219
| +12% | +$388K |
|
2156
Heritage Financial
HFWA
$1.19B
| $3.94M | ﹤0.01% |
132,958
-35,978
| -21% | -$990K |
|
2157
Federal Agricultural Mortgage
AGM
$2.4B
| $3.93M | ﹤0.01% |
19,743
+14,747
| +295% | +$2.58M |
|
2158
Cal-Maine
CALM
$3.87B
| $3.93M | ﹤0.01% |
48,825
-14,216
| -23% | -$1.1M |
|
2159
Dimensional Emerging Core Equity Market ETF
DFAE
$9.91B
| $3.93M | ﹤0.01% |
97,818
+18,338
| +23% | +$709K |
|
2160
Orrstown Financial Services
ORRF
$827M
| $3.93M | ﹤0.01% |
96,219
+35,189
| +58% | +$1.33M |
|
2161
VTEX
VTEX
$603M
| $3.92M | ﹤0.01% |
979,353
-10,504
| -1% | -$40K |
|
2162
Upstart Holdings
UPST
$2.95B
| $3.91M | ﹤0.01% |
110,446
+23,777
| +27% | +$733K |
|
2163
Sibanye-Stillwater
SBSW
$8.9B
| $3.91M | ﹤0.01% |
461,300
-1,397,076
| -75% | -$16.3M |
|
2164
GATX Corp
GATX
$6.25B
| $3.9M | ﹤0.01% |
22,026
-1,745
| -7% | -$318K |
|
2165
Oric Pharmaceuticals
ORIC
$1.47B
| $3.89M | ﹤0.01% |
358,751
+188,664
| +111% | +$1.71M |
|
2166
Freshpet
FRPT
$3.55B
| $3.88M | ﹤0.01% |
65,702
-660,213
| -91% | -$37.8M |
|
2167
Outfront Media
OUT
$5.25B
| $3.87M | ﹤0.01% |
118,188
+8,749
| +8% | +$272K |
|
2168
Cleveland-Cliffs
CLF
$6.43B
| $3.86M | ﹤0.01% |
413,796
+137,979
| +50% | +$1.52M |
|
2169
FVCBankcorp
FVCB
$335M
| $3.85M | ﹤0.01% |
220,267
+179,437
| +439% | +$2.86M |
|
2170
Bit Digital
BTBT
$552M
| $3.85M | ﹤0.01% |
2,138,260
+1,730,598
| +425% | +$3.05M |
|
|
HDV
2171
iShares Core High Dividend ETF
HDV
$15.3B
| $3.85M | ﹤0.01% |
140,342
+2,382
| +2% | +$64.8K |
|
2172
Atkore
ATKR
$3.16B
| $3.84M | ﹤0.01% |
50,520
-406
| -0.8% | -$30.6K |
|
2173
JPMorgan Equity Premium Income ETF
JEPI
$46.1B
| $3.84M | ﹤0.01% |
67,996
+9,928
| +17% | +$561K |
|
2174
Calix
CALX
$2.53B
| $3.84M | ﹤0.01% |
106,088
+67,378
| +174% | +$2.83M |
|
2175
OSI Systems
OSIS
$3.41B
| $3.84M | ﹤0.01% |
17,540
-1,573
| -8% | -$385K |
|
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.