Billionaire Cliff Asness 2023 Portfolio: Top 5 Blue Chip Value Stocks

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In this article, we discuss the top 5 blue chip value stocks from billionaire Cliff Asness’ 2023 portfolio. If you want to see more of billionaire Asness’ blue chip value stocks, go to Billionaire Cliff Asness 2023 Portfolio: Top 10 Blue Chip Value Stocks.

5. Citigroup Inc. (NYSE:C)

Trailing P/E Ratio: 6.27x

Cliff Asness’ AQR Capital Management’s Holdings: $251,591,167

Percentage of Cliff Asness’ AQR Capital Management’s Portfolio: 0.55%

Number of Hedge Fund Holders: 79

According to former Federal Reserve Chairperson and the current Treasury Secretary Janet Yellen, Citigroup Inc. (NYSE:C) has an opportunity to conduct mergers with other banks during these challenging times for the industry. Even though this could result in concentrated corporate power in the long run, but could be necessary in the short run to face the current uncertain economic situation. Citigroup Inc. (NYSE:C) is one of the biggest banks in the US, along with Bank of America Corporation (NYSE:BAC), Wells Fargo & Company (NYSE:WFC), the Goldman Sachs Group, Inc. (NYSE:GS), and JPMorgan Chase & Co. (NYSE:JPM). Click here to read the company’s earnings call transcript for Q4 2022.

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