AQR Arbitrage LLC reported 368 positions worth $3.66B for the quarter ended Jun 30, 2026, up 37.0% on the prior quarter. It opened 81 new positions, added to 212, trimmed 33 and exited 39. Its largest holding is Aes Corp at 5.5% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| ROKU Roku, Inc | +831.4K | – | $113.82M | 3.11% |
| AES Aes Corp | +5.45M | +66.3% | $79.82M | 5.48% |
| SLAB Silicon Laboratories Inc. | +334.2K | +108.2% | $73.05M | 3.84% |
| KVUE Kenvue Inc. | +2.86M | +51.1% | $54.37M | 4.39% |
| TECH BIO-TECHNE Corp | +761.9K | – | $53.83M | 1.47% |
| OGN Organon & Co. | +3.88M | – | $52.38M | 1.43% |
| RAMP LiveRamp Holdings, Inc. | +1.32M | – | $49.78M | 1.36% |
| D Dominion Energy, Inc | +671.9K | – | $45.88M | 1.25% |
| PEN Penumbra Inc | +140.8K | +33.3% | $44.46M | 4.87% |
| NSC Norfolk Southern Corp | +132.1K | +29.6% | $41.33M | 4.95% |
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| ACLX GILEAD SCIENCES INC- CVR CONTINGENT VALUE RIGHT | -231.7K | -100.0% | $26.61M | Exited |
| GIXXU GigCapital9 Corp. | -2.18M | -100.0% | $21.87M | Exited |
| SIMA SIM Acquisition Corp. I | -1.46M | -100.0% | $15.62M | Exited |
| MLAAU Mountain Lake Acquisition Corp. II | -1.42M | -100.0% | $14.06M | Exited |
| IACOU Idea Acquisition Corp. | -1.41M | -100.0% | $14.02M | Exited |
| XSLLU Xsolla SPAC 1 | -1.31M | -100.0% | $12.99M | Exited |
| HACQU HCM IV Acquisition Corp. | -1.28M | -100.0% | $12.84M | Exited |
| TECK Teck Resources Ltd | -204.4K | -8.4% | $12.15M | 3.64% |
| ALOVU Aldabra 4 Liquidity Opportunity Vehicle, Inc. | -1.07M | -100.0% | $10.62M | Exited |
| AACOU Abony Acquisition Corp. I | -1.01M | -100.0% | $10.08M | Exited |
| Holding | Shares | Trade Value | Weight |
|---|---|---|---|
| ROKU Roku, Inc | +831.4K | $113.82M | 3.11% |
| TECH BIO-TECHNE Corp | +761.9K | $53.83M | 1.47% |
| OGN Organon & Co. | +3.88M | $52.38M | 1.43% |
| RAMP LiveRamp Holdings, Inc. | +1.32M | $49.78M | 1.36% |
| D Dominion Energy, Inc | +671.9K | $45.88M | 1.25% |
| ACA Arcosa, Inc. | +242.4K | $35.22M | 0.963% |
| CZR Caesars Entertainment, Inc. | +1.06M | $31.75M | 0.868% |
| KEYYU Keystone Acquisition Corp. | +1.72M | $17.30M | 0.473% |
| GIX GigCapital9 Corp. | +1.47M | $14.63M | 0.4% |
| GSAT Globalstar, Inc. | +177.5K | $14.43M | 0.395% |
| Holding | Shares Sold | Trade Value | Prior Weight |
|---|---|---|---|
| ACLX GILEAD SCIENCES INC- CVR CONTINGENT VALUE RIGHT | -231.7K | $26.61M | 0.996% |
| GIXXU GigCapital9 Corp. | -2.18M | $21.87M | 0.819% |
| SIMA SIM Acquisition Corp. I | -1.46M | $15.62M | 0.585% |
| MLAAU Mountain Lake Acquisition Corp. II | -1.42M | $14.06M | 0.526% |
| IACOU Idea Acquisition Corp. | -1.41M | $14.02M | 0.525% |
| XSLLU Xsolla SPAC 1 | -1.31M | $12.99M | 0.486% |
| HACQU HCM IV Acquisition Corp. | -1.28M | $12.84M | 0.481% |
| ALOVU Aldabra 4 Liquidity Opportunity Vehicle, Inc. | -1.07M | $10.62M | 0.398% |
| AACOU Abony Acquisition Corp. I | -1.01M | $10.08M | 0.377% |
| TMS Teamshares Inc | -955.4K | $9.94M | 0.372% |
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | AES Aes Corp | Utilities | 13.69M | $200.30M | 5.48% | +5.45M | +66.3% | Added | 1.92% |
| 2 | NSC Norfolk Southern Corp | Industrials | 578.2K | $180.93M | 4.95% | +132.1K | +29.6% | Added | 0.26% |
| 3 | PEN Penumbra Inc | Healthcare | 563.9K | $178.04M | 4.87% | +140.8K | +33.3% | Added | 1.43% |
| 4 | KVUE Kenvue Inc. | Consumer Staples | 8.44M | $160.69M | 4.39% | +2.86M | +51.1% | Added | 0.44% |
| 5 | WTRG Essential Utilities, Inc. | Utilities | 3.86M | $147.80M | 4.04% | +720.8K | +23.0% | Added | 1.36% |
| 6 | SLAB Silicon Laboratories Inc. | Technology | 643.0K | $140.54M | 3.84% | +334.2K | +108.2% | Added | 1.95% |
| 7 | TECK Teck Resources Ltd | Basic Materials | 2.24M | $133.21M | 3.64% | -204.4K | -8.4% | Reduced | 0.45% |
| 8 | ROKU Roku, Inc | Technology | 831.4K | $113.82M | 3.11% | +831.4K | – | New | 0.63% |
| 9 | TXNM Txnm Energy Inc | Utilities | 1.81M | $102.91M | 2.81% | +46.6K | +2.6% | Added | 1.63% |
| 10 | NWE NorthWestern Energy Group, Inc. | Utilities | 1.09M | $78.41M | 2.14% | +12.9K | +1.2% | Added | 1.78% |
| 11 | VAL Valaris Ltd | Energy | 1.05M | $76.20M | 2.08% | +439.9K | +72.1% | Added | 1.51% |
| 12 | BHF Brighthouse Financial, Inc. | Financial Services | 927.3K | $58.70M | 1.6% | +77.5K | +9.1% | Added | 1.61% |
| 13 | TECH BIO-TECHNE Corp | Healthcare | 761.9K | $53.83M | 1.47% | +761.9K | – | New | 0.49% |
| 14 | OGN Organon & Co. | Healthcare | 3.88M | $52.38M | 1.43% | +3.88M | – | New | 1.48% |
| 15 | RAMP LiveRamp Holdings, Inc. | Technology | 1.32M | $49.78M | 1.36% | +1.32M | – | New | 2.18% |
Tip. Select a row to see that position’s full history at AQR Arbitrage.
As of its Q2 2026 13F filing, AQR Arbitrage LLC’s five largest positions were Aes Corp (AES) at 5.5%, Norfolk Southern Corp (NSC) at 4.9%, Penumbra Inc (PEN) at 4.9%, Kenvue Inc. (KVUE) at 4.4%, Essential Utilities, Inc. (WTRG) at 4.0% of the reported portfolio.
AQR Arbitrage LLC reported a 13F portfolio worth $3.66B across 368 positions for Q2 2026. That is up 37.0% from the previous quarter.
Its largest purchases by value were Roku, Inc ($113.82M), Aes Corp ($79.82M), Silicon Laboratories Inc. ($73.05M). It opened 81 new positions.
Its largest sales by value were GILEAD SCIENCES INC- CVR CONTINGENT VALUE RIGHT ($26.61M), GigCapital9 Corp. ($21.87M), SIM Acquisition Corp. I ($15.62M). It exited 39 positions entirely.
From the Form 13F-HR reports AQR Arbitrage LLC files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.