Cliff Asness and AQR Capital Management are bullish on oil stocks. In the most recent filing with the SEC, Asness revealed Exxon Mobil Corporation (NYSE:XOM) as being his top dog, with 3.7 million shares reportedly worth $338 million. AQR is also betting big on Pfizer Inc. (NYSE:PFE) with an investment worth approximately $330 million. Another oil stock among Asness’ top holdings is Chevron Corporation (NYSE:CVX), with 2.2 million shares valued at $260 million.
AQR has not ignored the consumer goods sector, having slightly increased their stake in The Procter & Gamble Company (NYSE:PG), currently worth $231 million. Asness still has faith in JPMorgan Chase & Co. (NYSE:JPM) having made not changes to his investment in the financial giant. AQR is currently holding 4.3 million shares valued at $229 million.