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 |
Gilead Sciences
GILD
|
+$209M |
| 2 |
CVS Health
CVS
|
+$195M |
| 3 |
Tyson Foods
TSN
|
+$136M |
| 4 |
ExxonMobil
XOM
|
+$135M |
| 5 |
LyondellBasell Industries
LYB
|
+$130M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Thermo Fisher Scientific
TMO
|
+$239M |
| 2 |
Microsoft
MSFT
|
+$204M |
| 3 |
Johnson & Johnson
JNJ
|
+$157M |
| 4 |
Amazon
AMZN
|
+$144M |
| 5 |
Walmart Inc
WMT
|
+$137M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.24% |
| 2 | Healthcare | 16.5% |
| 3 | Financials | 11.89% |
| 4 | Industrials | 11.49% |
| 5 | Consumer Discretionary | 10.94% |
Similar funds
Cliff Asness's Q2 2022 Portfolio in Review
As of Q2 2022, Cliff Asness held 2,360 positions worth $44.2B, down 16% from $52.7B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Cliff Asness's Q2 2022 filing shows 150 new, 1,005 increased, 998 reduced and 187 closed positions. Its largest new stake was Fluor: 339,891 shares worth $7.86M. The largest sale was Thermo Fisher Scientific, an estimated $239M.
By sector, the portfolio is most concentrated in Technology at 20% of assets, down from 23% a quarter earlier, followed by Healthcare and Financials.
- Cliff Asness's largest Q2 2022 buy was Fluor: 339,891 shares worth $7.86M.
- Cliff Asness added most to Gilead Sciences in Q2 2022, an estimated $209M increase.
- Cliff Asness's biggest Q2 2022 reduction was Thermo Fisher Scientific, cutting an estimated $239M.
- Cliff Asness fully exited Roku in Q2 2022, selling an estimated $32.5M.
- Cliff Asness's ten largest holdings make up 14% of its $44.2B portfolio in Q2 2022.
- Cliff Asness opened 150 new positions and closed 187 in Q2 2022.
- Cliff Asness's portfolio value fell 16% quarter-over-quarter to $44.2B.
Based on AQR Capital Management's 13F filing for Q2 2022, filed 15 Aug 2022.