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These Are Cliff Asness’ Top Ten Holdings

By Aman Jain. Originally published at ValueWalk.

Cliff Asness Livermore Partners Everbridge Home Depot securities worst performing mega cap stocks in March 2022

Cliff Asness is a popular name in the world of hedge funds and finance. He is the founder, managing principal and chief investment officer at AQR Capital Management. Prior to founding AQR, Asness worked as managing director and director of quantitative research at Goldman Sachs’ asset management division. He holds a Bachelor of Science in economics from the Wharton School, a Bachelor of Science in engineering from the Moore School of Electrical Engineering and an MBA and Ph.D. in finance from the University of Chicago. Let’s take a look at Cliff Asness’ top ten holdings.


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Cliff Asness’ Top Ten Holdings

We have referred to AQR Capital Management’s latest 13F filing from March 31, 2022 to determine Cliff Asness’ top ten holdings.

  1. Procter & Gamble

Founded in 1837 and headquartered in Cincinnati, Ohio, Procter & Gamble is a consumer goods company that owns several iconic brands. Asness owns over 3 million shares of Procter & Gamble Co (NYSE:PG) at an estimated average per-share price of $98.38. These shares have a market value of more than $461 million and account for 0.88% of Asness’ portfolio. He has owned Procter & Gamble shares since the fourth quarter of 2003 and has sold some shares recently.

  1. Alphabet (Class C)

Originally founded under the name Google in 1998 and then reorganized under the name Alphabet in 2015, this Mountain View, California-based firm is a holding company that operates through its Google and Other Bets segments. Asness owns 178,663 Class C shares of Alphabet Inc (NASDAQ:GOOG) at an estimated average price of $736.15 per share. These shares have a market value of more than $499 million and account for 0.95% of Asness’ portfolio. He has owned Class C shares of the company since the second quarter of 2014 and has sold some shares recently.

  1. Johnson & Johnson

Founded in 1886 and headquartered in New Brunswick, New Jersey, this company develops, makes and sells products in the healthcare field. Asness owns over 2.9 million shares of Johnson & Johnson (NYSE:JNJ) at an estimated average price of $116.35 per share. These shares have a market value of more than $520 million and account for 1% of Asness’ portfolio. He has owned Johnson & Johnson shares since the first quarter of 2004 and has sold some shares recently.

  1. Pfizer

Founded in 1849 and headquartered in New York City, Pfizer is a biopharmaceutical company. Asness owns over 10 million shares of Pfizer Inc. (NYSE:PFE) at an estimated average price of $44.45 per share. These shares have a market value of more than $550 million and account for 1.05% of Asness’ portfolio. He has owned Pfizer shares since the first quarter of 2004 and has recently added to the position significantly.

  1. Meta Platforms

Founded in 2004 as Facebook and headquartered in Menlo Park, California, this company develops social media applications. Asness owns over 2.9 million shares of Meta Platforms Inc (NASDAQ:META) at an estimated average price of $182.18 per share. These shares have a market value of more than $658 million and account for 1.25% of Asness’ portfolio. He has owned Meta Platforms shares since the third quarter of 2013 and has recently added to the position.

  1. Taiwan Semiconductor Manufacturing

Founded in 1987 and headquartered in Hsinchu, Taiwan, this company makes and sells integrated circuits and wafer semiconductor devices. Asness owns over 6.9 million shares of Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) at an estimated average price of $39.38 per share. These shares have a market value of more than $727 million and account for 1.38% of Asness’ portfolio. He has owned Taiwan Semiconductor Manufacturing shares since the third quarter of 2009 and has added to the position recently.

  1. Amazon

Founded in 1994 and headquartered in Seattle, Washington, Amazon is an e-commerce website that also offers hardware, streaming services, advertising and networking services. Asness owns 234,097 shares of Amazon.com, Inc. (NASDAQ:AMZN) at an estimated average price of $1,418.40 per share. These shares have a market value of more than $763 million and account for 1.45% of Asness’ portfolio. He has owned Amazon shares since the fourth quarter of 2009 and has sold some shares recently.

  1. Alphabet (Class A)

Asness owns 311,860 Class A shares of Alphabet Inc Class A (NASDAQ:GOOGL) at an estimated average price of $865.05 per share. These shares have a market value of more than $867 million and account for 1.65% of Asness’ portfolio. He has owned Class A Alphabet shares since the third quarter of 2005 and has sold some shares recently.

  1. Microsoft

Founded in 1975 and headquartered in Redmond, Washington, this company develops software, services, devices and IT solutions. Asness owns over 5.44 million shares of Microsoft Corporation (NASDAQ:MSFT) at an estimated average price of $64.10 per share. These shares have a market value of more than $1.67 billion and account for 3.19% of Asness’ portfolio. He has owned Microsoft shares since the first quarter of 2004 and has sold some shares recently.

  1. Apple

Founded in 1976 and headquartered in Cupertino, California, this company deals in smartphones, personal computers, tablets, wearables and accessories, and related services. Asness owns over 10 million shares of Apple Inc (NASDAQ:AAPL) at an estimated average price of $30.50 per share. These shares have a market value of more than $1.83 billion and account for 3.48% of Asness’ portfolio. He has owned Apple shares since the fourth quarter of 2004 and has sold some shares recently.

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