We are live on ! Find out more
CA

Cliff Asness AQR Capital Management

AUM $287B
1-Year Est. Return 42.33%
 

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.

This Fund
S&P 500
This Quarter Est. Return
+7.05%
1 Year Est. Return
+42.33%
3 Year Est. Return
+119.89%
5 Year Est. Return
+147.33%
10 Year Est. Return
+543.74%
AUM
$105B
AUM Growth
+$5.25B
Cap. Flow
+$274M
Cap. Flow %
0.26%
Top 10 Hldgs %
13.27%
Holding
2,400
New
91
Increased
1,022
Reduced
1,069
Closed
146

Top Buys

Rank Stock Value
1
MU icon
Micron Technology
MU
+$619M
2
TGT icon
Target
TGT
+$465M
3
MSFT icon
Microsoft
MSFT
+$390M
4
PFE icon
Pfizer
PFE
+$353M
5
ADBE icon
Adobe
ADBE
+$348M

Top Sells

Rank Stock Value
1
META icon
Meta Platforms (Facebook)
META
+$401M
2
ORCL icon
Oracle
ORCL
+$322M
3
EBAY icon
eBay
EBAY
+$235M
4
EXC icon
Exelon
EXC
+$232M
5
BKNG icon
Booking.com
BKNG
+$197M

Sector Composition

Rank Sector Weight
1 Technology 21.82%
2 Healthcare 17.12%
3 Consumer Discretionary 14.04%
4 Industrials 11.74%
5 Financials 9.85%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SHLM
2376
DELISTED
Schulman (A.) Inc
SHLM
– –
-18,116
Closed -$806K
PAY
2377
DELISTED
Verifone Systems Inc
PAY
– –
-1,136,164
Closed -$25.9M
CPLA
2378
DELISTED
Capella Education Company
CPLA
– –
-27,876
Closed -$2.75M
FMI
2379
DELISTED
Foundation Medicine, Inc.
FMI
– –
-19,478
Closed -$2.66M
QCP
2380
DELISTED
Quality Care Properties, Inc.
QCP
– –
-82,054
Closed -$1.76M
RSPP
2381
DELISTED
RSP Permian, Inc.
RSPP
– –
-26,157
Closed -$1.15M
FNGN
2382
DELISTED
Financial Engines, Inc.
FNGN
– –
-65,259
Closed -$2.93M
VR
2383
DELISTED
Validus Hold Ltd
VR
– –
-25,397
Closed -$1.72M
WGL
2384
DELISTED
Wgl Holdings
WGL
– –
-89,518
Closed -$7.95M
IPCC
2385
DELISTED
Infinity Property & Casualty C
IPCC
– –
-13,727
Closed -$1.95M
KND
2386
DELISTED
Kindred Healthcare
KND
– –
-111,670
Closed -$1M
GGP
2387
DELISTED
GGP Inc.
GGP
– –
-417,539
Closed -$8.53M
AOI
2388
DELISTED
Alliance One International
AOI
– –
-14,329
Closed -$227K
DCT
2389
DELISTED
DCT Industrial Trust Inc.
DCT
– –
-43,095
Closed -$2.88M
EMKR
2390
DELISTED
Emcore Corp
EMKR
– –
-6,724
Closed -$339K
CAVM
2391
DELISTED
Cavium, Inc.
CAVM
– –
-11,381
Closed -$984K
XL
2392
DELISTED
XL Group Ltd.
XL
– –
-34,040
Closed -$1.91M
IBTX
2393
DELISTED
Independent Bank Group, Inc.
IBTX
– –
-5,351
Closed -$357K
MCF
2394
DELISTED
Contango Oil & Gas Co.
MCF
– –
-11,240
Closed -$64K
WLH
2395
DELISTED
WILLIAM LYON HOMES
WLH
– –
-30,883
Closed -$716K
CYS
2396
DELISTED
CYS Investments Inc.
CYS
– –
-153,694
Closed -$1.15M
ABAX
2397
DELISTED
Abaxis Inc
ABAX
– –
-9,038
Closed -$750K
EE
2398
DELISTED
El Paso Electric Company
EE
– –
-3,612
Closed -$213K
CZR
2399
DELISTED
Caesars Entertainment Corporation
CZR
– –
-17,399
Closed -$186K
HK
2400
DELISTED
Halcon Resources Corporation
HK
– –
-45,542
Closed -$200K
92 93 94 95
96

Similar funds

BNP Paribas Financial Markets
BNP Paribas Financial Markets Paris, France $289B AUM 60.46% 1-Year Est. Return
Millennium Management
Millennium Management New York $276B AUM 44.8% 1-Year Est. Return
Berkshire Hathaway
Berkshire Hathaway Omaha, Nebraska $299B AUM 27.55% 1-Year Est. Return
AllianceBernstein
AllianceBernstein Nashville, Tennessee $302B AUM 26.44% 1-Year Est. Return
Citigroup
Citigroup New York $303B AUM 53.02% 1-Year Est. Return
Bank of Montreal
Bank of Montreal Toronto, Ontario, Canada $304B AUM 35.64% 1-Year Est. Return
Massachusetts Financial Services
Massachusetts Financial Services Boston, Massachusetts $315B AUM 27.84% 1-Year Est. Return
CTC (Chicago Trading Company)
CTC (Chicago Trading Company) Chicago, Illinois $316B AUM 71.57% 1-Year Est. Return

Cliff Asness's Q3 2018 Portfolio in Review

As of Q3 2018, Cliff Asness held 2,400 positions worth $105B, up 5.3% from $99.3B the previous quarter. Its ten largest holdings account for 13% of the portfolio.

Cliff Asness's Q3 2018 filing shows 91 new, 1,022 increased, 1,069 reduced and 146 closed positions. Its largest new stake was Bombardier Recreational Products: 908,172 shares worth $42.6M. The largest sale was Meta Platforms (Facebook), an estimated $401M.

By sector, the portfolio is most concentrated in Technology at 22% of assets, up from 20% a quarter earlier, followed by Healthcare and Consumer Discretionary.

  • Cliff Asness's largest Q3 2018 buy was Bombardier Recreational Products: 908,172 shares worth $42.6M.
  • Cliff Asness added most to Micron Technology in Q3 2018, an estimated $619M increase.
  • Cliff Asness's biggest Q3 2018 reduction was Meta Platforms (Facebook), cutting an estimated $401M.
  • Cliff Asness fully exited Verifone Systems Inc in Q3 2018, selling an estimated $25.9M.
  • Cliff Asness's ten largest holdings make up 13% of its $105B portfolio in Q3 2018.
  • Cliff Asness opened 91 new positions and closed 146 in Q3 2018.
  • Cliff Asness's portfolio value rose 5.3% quarter-over-quarter to $105B.

Based on AQR Capital Management's 13F filing for Q3 2018, filed 14 Nov 2018.