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 |
Estee Lauder
EL
|
+$252M |
| 2 |
Adobe
ADBE
|
+$238M |
| 3 |
Walmart Inc
WMT
|
+$233M |
| 4 |
Skyworks Solutions
SWKS
|
+$221M |
| 5 |
Target
TGT
|
+$187M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Boeing
BA
|
+$361M |
| 2 |
Edison International
EIX
|
+$303M |
| 3 |
eBay
EBAY
|
+$281M |
| 4 |
Stellantis
STLA
|
+$276M |
| 5 |
Lam Research
LRCX
|
+$240M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.43% |
| 2 | Financials | 14.24% |
| 3 | Healthcare | 14.23% |
| 4 | Consumer Discretionary | 13.88% |
| 5 | Industrials | 12.68% |
Similar funds
Cliff Asness's Q1 2018 Portfolio in Review
As of Q1 2018, Cliff Asness held 2,349 positions worth $92.7B, down 2.7% from $95.3B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Cliff Asness's Q1 2018 filing shows 134 new, 942 increased, 1,022 reduced and 134 closed positions. Its largest new stake was Invesco QQQ Trust: 503,399 shares worth $74.4M. The largest sale was Boeing, an estimated $361M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 18% a quarter earlier, followed by Financials and Healthcare.
- Cliff Asness's largest Q1 2018 buy was Invesco QQQ Trust: 503,399 shares worth $74.4M.
- Cliff Asness added most to Estee Lauder in Q1 2018, an estimated $252M increase.
- Cliff Asness's biggest Q1 2018 reduction was Boeing, cutting an estimated $361M.
- Cliff Asness fully exited Bioverativ Inc. Common Stock in Q1 2018, selling an estimated $94.9M.
- Cliff Asness's ten largest holdings make up 11% of its $92.7B portfolio in Q1 2018.
- Cliff Asness opened 134 new positions and closed 134 in Q1 2018.
- Cliff Asness's portfolio value fell 2.7% quarter-over-quarter to $92.7B.
Based on AQR Capital Management's 13F filing for Q1 2018, filed 15 May 2018.