Cliff Asness is the manager and co-founder of AQR Capital Management, the hedge fund whose 13F holdings we’ll discuss in depth in this piece. Cliff Asness earned a bachelor’s degree in Economics and a master’s degree in Engineering from the University of Pennsylvania. In 1998, Asness co-founded AQR Capital Management. In 2002, he made $37 million with his quantitative hedge fund firm, and a year later, he made $50 million. By the end of 2017, Asness had “shifted away from hedge funds” in favor of “lower-fee, more liquid, and transparent products.” AQR Capital Management is one of the hedge funds that is more prone to diversifying its portfolios, and it has used factor-investing to improve its quantitative approach to investing. Apple Inc. is the fund’s largest holding, with 16.11 million shares valued at $1.2 billion.
Insider Monkey talks about the ten best dividend stocks to buy according to billionaire Cliff Asness. Cliff Asness’ list of the finest dividend stocks to purchase includes Allstate Corporation. In the first quarter of 2021, the firm recorded revenue of $12.45 billion, up 23.66 percent over the previous six months and 21.19 percent year to date. According to millionaire Cliff Asness, Johnson & Johnson is the 9th best dividend stock to purchase. The corporation reported revenue of $22.32 billion and earnings of $6.2 billion in the first quarter of 2021. Cliff Asness’ list of the finest dividend stocks to purchase includes The Procter & Gamble Company. Head & Shoulders, Pampers, and Pantene are some of the company’s well-known brands. The corporation recorded $18.11 billion in revenue and $3.27 billion in earnings in the first quarter of 2021. Cliff Asness’ list of the finest dividend stocks to purchase includes Hewlett-Packard Inc. HyperX, Kingston Technology’s gaming subsidiary, was acquired for $425 million by the corporation. In the first quarter, it surpassed earnings projections by $940 million. According to billionaire Cliff Asness, The Clorox Company ranks 6th on the list of the top dividend stocks to purchase. The company just declared a new quarterly dividend of $1.16 per share, which represents a 4.5 percent increase over the previous payout. For more details, click 10 Best Dividend Stocks to Buy According to Billionaire Cliff Asness.
