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 | |
|---|---|---|---|---|---|---|
2226
Philips
PHG
$26.8B
| $3.55M | ﹤0.01% |
130,712
+23,454
| +22% | +$621K |
|
|
PDM
2227
Piedmont Realty Trust
PDM
$1.21B
| $3.55M | ﹤0.01% |
387,878
-48,285
| -11% | -$398K |
|
2228
State Street SPDR S&P Biotech ETF
XBI
$11.2B
| $3.55M | ﹤0.01% |
22,421
+10,571
| +89% | +$1.43M |
|
2229
Orion Group Holdings
ORN
$375M
| $3.55M | ﹤0.01% |
210,816
-18,385
| -8% | -$254K |
|
2230
Ingles Markets
IMKTA
$1.61B
| $3.54M | ﹤0.01% |
39,921
+1,761
| +5% | +$157K |
|
2231
RPAR Risk Parity ETF
RPAR
$584M
| $3.53M | ﹤0.01% |
158,743
| – | – |
|
2232
Innovative Industrial Properties
IIPR
$1.56B
| $3.53M | ﹤0.01% |
56,987
+426
| +0.8% | +$23.9K |
|
2233
Vital Farms
VITL
$454M
| $3.53M | ﹤0.01% |
303,455
+37,736
| +14% | +$421K |
|
2234
Turning Point Brands
TPB
$1.67B
| $3.53M | ﹤0.01% |
41,612
-19,876
| -32% | -$1.65M |
|
2235
Lennar Class B
LEN.B
$20.6B
| $3.53M | ﹤0.01% |
39,760
+17,981
| +83% | +$1.57M |
|
2236
Griffon
GFF
$4.55B
| $3.52M | ﹤0.01% |
36,132
+1,121
| +3% | +$97.8K |
|
2237
First Bank
FRBA
$451M
| $3.52M | ﹤0.01% |
198,482
+141,469
| +248% | +$2.27M |
|
2238
SolarEdge
SEDG
$1.9B
| $3.52M | ﹤0.01% |
60,204
+32,068
| +114% | +$1.68M |
|
2239
Koppers
KOP
$855M
| $3.51M | ﹤0.01% |
78,205
-17,262
| -18% | -$706K |
|
2240
Oxford Industries
OXM
$540M
| $3.51M | ﹤0.01% |
100,555
+25,915
| +35% | +$1.08M |
|
2241
BK Technologies
BKTI
$294M
| $3.51M | ﹤0.01% |
40,776
+22,615
| +125% | +$1.96M |
|
2242
B&G Foods
BGS
$281M
| $3.49M | ﹤0.01% |
876,786
-372,603
| -30% | -$1.73M |
|
2243
Ziff Davis
ZD
$1.92B
| $3.48M | ﹤0.01% |
66,405
-247,112
| -79% | -$11.2M |
|
2244
Great Southern Bancorp
GSBC
$862M
| $3.48M | ﹤0.01% |
44,350
+7,274
| +20% | +$513K |
|
2245
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.54B
| $3.47M | ﹤0.01% |
+50,596
| New | +$3.38M |
|
2246
Dimensional US Core Equity 1 ETF
DCOR
$3.49B
| $3.47M | ﹤0.01% |
42,370
+6,699
| +19% | +$531K |
|
2247
Wabash National
WNC
$490M
| $3.47M | ﹤0.01% |
257,089
-148,542
| -37% | -$1.32M |
|
2248
CTS Corp
CTS
$1.65B
| $3.47M | ﹤0.01% |
53,182
+7,239
| +16% | +$434K |
|
2249
Preformed Line Products
PLPC
$2.1B
| $3.45M | ﹤0.01% |
8,401
+1,713
| +26% | +$600K |
|
2250
Trinity Industries
TRN
$2.37B
| $3.44M | ﹤0.01% |
99,505
+9,534
| +11% | +$322K |
|
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.