AQR Capital Management

Cliff Asness

Period

Q1 2026

Portfolio Date

Mar 31, 2026

Stocks Held

3,727

Market Value

$218.0B

Portfolio Analysis

AIPreview
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I. Institutional Overview

As of the first quarter of 2026, the investment landscape continues to be shaped by the strategic maneuvers of major institutional players. Among these, AQR Capital Management, led by the renowned quantitative strategist Cliff Asness, remains a pivotal force. This analysis delves into the firm's 13F filing for the period ending March 31, 2026, a snapshot...

AQR Capital Management is not merely an investment firm; it is a bastion of quantitative research. Founded on the principles of value, momentum, and quality, the institution’s approach is inherently data-driven. However, the scale of its operations—with a total portfolio market value reaching a staggering $218.04 billion—demands a level of execution and...

The institutional "psychological portrait" of AQR this quarter is one of calculated aggression within the growth and technology spheres, balanced by a systematic pruning of legacy positions in regional banking and mature healthcare. With a portfolio value exceeding $218 billion, AQR operates with the gravity of a sovereign wealth fund but the agility of a...

Based on the latest available 13F filing.

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Holdings Value Trend

Q2 2024

Q3 2024

Q4 2024

Q1 2025

Q2 2025

Q3 2025

Q4 2025

Q1 2026

Historical Positions

SymbolQ1 2026Q4 2025Q3 2025Q2 2025
NVDA2.5%2.6%2.6%2.5%
MSFT1.7%1.6%2.0%1.9%
AAPL1.7%1.8%1.8%1.7%
AMZN0.9%1.1%1.0%1.0%
AVGO0.8%0.8%0.9%0.9%
BMY0.8%0.7%--
GOOGL0.7%0.7%0.6%-
EIX0.7%---
PCG0.7%---
GOOG0.7%0.8%--

Post-Filing Contributors

Price change since reported price, ranked by portfolio contribution

MU+205.77%
NVDA+20.44%
INTC+183.10%
CNC+95.81%
WDC+95.68%

Post-Filing Detractors

Price change since reported price, ranked by portfolio contribution

LMT-9.22%
BMY-6.18%
MCK-8.91%
HUBS-26.67%
NOW-16.74%

Sector Analysis

Energy4.6%
Others2.4%
Materials3.8%
Utilities3.0%
Financials14.8%
Healthcare11.6%
Technology23.1%
Industrials14.1%

Trading Summary