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 |
UnitedHealth
UNH
|
+$239M |
| 2 |
Valero Energy
VLO
|
+$171M |
| 3 |
Goldman Sachs
GS
|
+$159M |
| 4 |
Southwest Airlines
LUV
|
+$158M |
| 5 |
Allstate
ALL
|
+$151M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AbbVie
ABBV
|
+$213M |
| 2 |
BRCM
BROADCOM CORP CL-A
BRCM
|
+$213M |
| 3 |
Humana
HUM
|
+$162M |
| 4 |
PRE
PARTNERRE LTD
PRE
|
+$115M |
| 5 |
PPG Industries
PPG
|
+$98.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 17.05% |
| 2 | Technology | 16.19% |
| 3 | Financials | 14.39% |
| 4 | Consumer Discretionary | 11.86% |
| 5 | Industrials | 10.23% |
Similar funds
Cliff Asness's Q2 2015 Portfolio in Review
As of Q2 2015, Cliff Asness held 2,337 positions worth $50.4B, up 15% from $43.8B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Cliff Asness deployed $7.39B of net new capital in Q2 2015, opening 201 new positions and adding to 1,161 existing holdings. Its largest new stake was Darden Restaurants: 1,233,952 shares worth $78.4M.
By sector, the portfolio is most concentrated in Healthcare at 17% of assets, down from 17% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was AbbVie, an estimated $213M trimmed.
- Cliff Asness's largest Q2 2015 buy was Darden Restaurants: 1,233,952 shares worth $78.4M.
- Cliff Asness added most to UnitedHealth in Q2 2015, an estimated $239M increase.
- Cliff Asness's biggest Q2 2015 reduction was AbbVie, cutting an estimated $213M.
- Cliff Asness fully exited AOL INC COMMON STOCK in Q2 2015, selling an estimated $17.6M.
- Cliff Asness's ten largest holdings make up 11% of its $50.4B portfolio in Q2 2015.
- Cliff Asness opened 201 new positions and closed 126 in Q2 2015.
- Cliff Asness's portfolio value rose 15% quarter-over-quarter to $50.4B.
Based on AQR Capital Management's 13F filing for Q2 2015, filed 14 Aug 2015.