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Cliff Asness
Portfolio: Top Holdings & Stock Picks

Aqr Capital Management LLC

Quantitative (Quant) Investing

Cliff Asness (Aqr Capital Management LLC) disclosed 3456 total holdings in its latest 13F filing dated 2025-09-30, with a portfolio value of $156 B billion and a turnover rate of 8.3%.

Portfolio Value
$156 B
Total Holdings
3456
Latest Filing
Q3 2025
Nov 14, 2025
Turnover Rate
8.29%

Cliff Asness Top Holdings of 2025-09-30

Ticker Name Shares Value % of Portfolio Time Held % Change
22.29 M $4.09 B 2.62% >10 Years +13.56%
6.24 M $3.2 B 2.05% >10 Years +36.69%
10.82 M $2.76 B 1.77% >10 Years +6.08%
7 M $1.53 B 0.98% >10 Years +25.81%
4.29 M $1.4 B 0.90% 7.3 Years +10.71%
9.7 M $1.31 B 0.84% 1.5 Years +7.36%
1.73 M $1.26 B 0.81% >10 Years +23.16%
WMT
11.66 M $1.2 B 0.77% >10 Years +188.05%
4.12 M $991.69 M 0.64% 9.7 Years +33.94%
3.52 M $985.06 M 0.63% >10 Years +13.77%

Recent Moves

Significant New Position
+1.19 M Shares | +$97.83 M Value
Continues to build a major stake in the Technology sector
Q3 2025
Added to Core Holding
+1.67 M Shares | +$858.52 M Value
Largest position increase in Technology sector
Q3 2025
Reduced Exposure to Position
-2.48 M Shares | -$358.26 M Value
Significant reduction in holdings of Technology
Q3 2025
Complete Exit
-2.62 M Shares | -$113.56 M Value
Cleared QFIN, sector remains in portfolio
Q3 2025

Cliff Asness's Historical Top Holdings Breakdown

Portfolio Date:

Cliff Asness Top Stock Picks

Ticker Name Date Activity Shares Shares Change Value Change
09/30/2025 Add 36.7% 6.24 M 1.67 M $858.52 M
WMT
09/30/2025 Add 188.1% 11.66 M 7.61 M $783.35 M
09/30/2025 Add 13.6% 22.29 M 2.66 M $488.58 M
MU
09/30/2025 Add 411.9% 3.63 M 2.92 M $488.33 M
PEP
09/30/2025 Add 120.7% 5.92 M 3.24 M $454.43 M
09/30/2025 Add 83.1% 4.9 M 2.22 M $405.76 M
FDX
09/30/2025 Add 169.2% 2.73 M 1.72 M $401.11 M
MOH
09/30/2025 Add 217.0% 2.93 M 2.01 M $384.34 M
09/30/2025 Reduce -28.4% 6.26 M -2.48 M $358.26 M
09/30/2025 Add 528.7% 721,354 606,612 $341.08 M

Cliff Asness's Sector Breakdowns

Portfolio Date:

About Cliff Asness

Cliff Asness is a pioneer in quantitative finance and the co-founder of AQR Capital Management, a leading global investment firm. A former student of Nobel Laureate Eugene Fama at the University of Chicago, Asness previously led the quantitative research team at Goldman Sachs. He is widely respected for applying academic rigor to real-world trading, establishing himself as a top hedge fund manager and a vocal advocate for data-driven asset management.

Frequently Asked Questions

As of 2025-09-30, Cliff Asness holds 3434 stocks. Top positions include NVDA, MSFT, AAPL, AMZN, AVGO. For full portfolio details, please visit Cliff Asness’s portfolio.

In Q3 2025, Cliff Asness’s largest purchase by dollar amount was RBRK. For complete transaction details, please visit Cliff Asness’s portfolio.

According to the 13F filing for Q3 2025, Cliff Asness increased their stake in MSFT.

Cliff Asness’s firm may occasionally request confidential treatment under SEC rule 13F-HR, which allows temporary non-disclosure of certain positions.