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AQR Arbitrage LLC

Q4 2025 · Filed 2026-02-17
Market Value
$2.8B
+37.9%
Holdings
271
+29
New Purchases
94
Added To
20
Closed
62
Reduced
38
Top 10 Concentration
33.4%
Turnover
57.6%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
QRVO 4.21% 0.00% +4.21% $118M
TECK 4.04% 0.56% +3.48% $113M
NGD 3.27% 0.00% +3.27% $92M
CMA 3.13% 0.00% +3.13% $88M
KVUE 2.15% 0.00% +2.15% $60M
WBD 1.78% 0.00% +1.78% $50M
SEE 1.56% 0.00% +1.56% $44M
CFLT 1.51% 0.00% +1.51% $43M
REVG 1.47% 0.00% +1.47% $41M
EA 2.46% 0.99% +1.46% $69M
CSGS 1.38% 0.00% +1.38% $39M
NWE 1.40% 0.07% +1.33% $39M
BHF 1.31% 0.00% +1.31% $37M
WTRG 1.30% 0.00% +1.30% $36M
CDTX 1.24% 0.00% +1.24% $35M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
IPG 0.00% 4.98% -4.98% $0
ALE 0.00% 4.48% -4.48% $0
SAND 0.00% 3.73% -3.73% $0
K 0.00% 3.54% -3.54% $0
VRNA 0.00% 2.69% -2.69% $0
AVDX 0.00% 2.58% -2.58% $0
SPR 0.00% 1.76% -1.76% $0
HBI 0.00% 1.65% -1.65% $0
INFA 0.00% 1.51% -1.51% $0
VBTX 0.00% 1.34% -1.34% $0
SCS 0.00% 1.17% -1.17% $0
MRUS 0.00% 0.95% -0.95% $0
TRML 0.00% 0.88% -0.88% $0
VMEO 0.00% 0.85% -0.85% $0
LBRDK 1.85% 2.68% -0.82% $52M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Large Cap 21 $841M 30.0%
Mid Cap 41 $1.0B 37.2%
Small Cap 93 $536M 19.1%
Micro Cap 116 $383M 13.7%

Portfolio Analytics

Avg Market Cap
$3.8B
Median Market Cap
$349M
Avg P/E
46.4
Median P/E
31.0
Avg Dividend Yield
0.02%
Avg Beta
0.68
# Stocks
256
# ETFs / Funds
15

Top Holdings (271 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 QRVO 4.21% 1,398,701 $118M $84.51 +1,398,701 NEW
2 TECK 4.04% 2,366,021 $113M $47.89 $102M +2,106,866 +813.0%
3 NSC 3.52% 342,479 $99M $288.72 $40M +146,160 +74.5%
4 CYBR 3.46% 217,384 $97M $446.06 $38M +95,003 +77.6%
5 AL 3.40% 1,485,209 $95M $64.23 $31M +476,571 +47.2%
6 NGD 3.27% 10,530,591 $92M $8.71 +10,530,591 NEW
7 GTLS 3.19% 433,498 $89M $206.23 $14M +54,918 +14.5%
8 CMA 3.13% 1,009,326 $88M $86.93 +1,009,326 NEW
9 FYBR 2.71% 1,998,580 $76M $38.07 $17M +417,640 +26.4%
10 TXNM 2.48% 1,180,015 $69M $58.88 $10M +132,908 +12.7%
11 EA 2.46% 337,241 $69M $204.33 $49M +236,936 +236.2%
12 KVUE 2.15% 3,502,931 $60M $17.25 +3,502,931 NEW
13 LBRDK 1.85% 1,069,280 $52M $48.60 -$3M +211,804 +24.7%
14 DAY 1.83% 742,018 $51M $69.16 $30M +427,136 +135.7%
15 WBD 1.78% 1,731,448 $50M $28.81 +1,731,448 NEW
16 SEE 1.56% 1,054,612 $44M $41.43 +1,054,612 NEW
17 RIO 1.53% 536,093 $43M $80.03 $26M +275,093 +105.4%
18 CFLT 1.51% 1,405,524 $43M $30.24 +1,405,524 NEW
19 REVG 1.47% 680,243 $41M $60.81 +680,243 NEW
20 NWE 1.40% 607,028 $39M $64.54 $38M +583,081 +2434.9%
21 CSGS 1.38% 503,695 $39M $76.69 +503,695 NEW
22 BHF 1.31% 566,154 $37M $64.79 +566,154 NEW
23 WTRG 1.30% 948,884 $36M $38.36 +948,884 NEW
24 CDTX 1.24% 157,709 $35M $220.89 +157,709 NEW
25 HI 1.18% 1,047,360 $33M $31.72 +1,047,360 NEW
26 CWAN 1.13% 1,320,128 $32M $24.12 +1,320,128 NEW
27 HOLX 1.11% 419,657 $31M $74.49 +419,657 NEW
28 FOLD 1.01% 1,983,109 $28M $14.24 +1,983,109 NEW
29 HOUS 0.94% 1,870,356 $26M $14.16 $16M +926,711 +98.2%
30 ANSC 0.81% 2,035,706 $23M $11.17 $509K
31 STAA 0.75% 914,573 $21M $23.09 $4M +284,073 +45.1%
32 EXAS 0.69% 191,853 $19M $101.56 +191,853 NEW
33 AXTA 0.65% 568,154 $18M $32.31 +568,154 NEW
34 SEMR 0.64% 1,509,678 $18M $11.89 +1,509,678 NEW
35 AMWD 0.61% 319,888 $17M $53.90 $2M +84,393 +35.8%
36 TACH 0.61% 1,666,912 $17M $10.26 $233K
37 0YY7.L 0.61% 1,112,891 $17M $15.34 +1,112,891 NEW
38 ALDF 0.60% 1,614,870 $17M $10.51 $97K
39 AACB 0.55% 1,490,205 $15M $10.30 $253K
40 SNV 0.54% 302,981 $15M $50.05 +302,981 NEW
41 AVAV 0.54% 62,300 $15M $241.89 +62,300 NEW
42 RNAM 0.54% 208,705 $15M $72.13 +208,705 NEW
43 MLAC 0.52% 1,405,707 $15M $10.40 -$830K -94,199 -6.3%
44 KCHV 0.52% 1,429,380 $14M $10.14 $157K
45 SBXD-UN 0.51% 1,347,002 $14M $10.58 $148K
46 SZZLU 0.47% 1,305,022 $13M $10.16 $52K
47 TGNA 0.46% 659,164 $13M $19.41 $1M +92,593 +16.3%
48 HVMC 0.45% 1,268,222 $13M $10.00 +1,268,222 NEW
49 JACS 0.45% 1,216,792 $13M $10.42 $49K
50 JHG 0.45% 264,560 $13M $47.57 +264,560 NEW
51 MESHU 0.42% 1,191,409 $12M $10.00 +1,191,409 NEW
52 BLUW 0.42% 1,153,104 $12M $10.32 $415K
53 VECO 0.42% 407,574 $12M $28.58 +407,574 NEW
54 TDAC 0.41% 1,096,989 $12M $10.49 $165K
55 GTEN 0.41% 1,113,336 $11M $10.29 $78K
56 2H2.F 0.41% 1,088,643 $11M $10.50 +1,088,643 NEW
57 TACO 0.41% 1,125,872 $11M $10.14 -$304K
58 DMII 0.41% 1,151,400 $11M $9.90 +1,151,400 NEW
59 SVCC 0.40% 1,096,174 $11M $10.36 $66K
60 XRPN 0.40% 1,103,854 $11M $10.24 -$268K -4,528 -0.4%
61 CRANU 0.40% 1,113,168 $11M $10.07 +1,113,168 NEW
62 TVA 0.40% 1,047,529 $11M $10.64 -$3M -266,163 -20.3%
63 DAAQU 0.39% 1,080,396 $11M $10.20 -$22K
64 RAAQU 0.39% 1,075,396 $11M $10.20 $65K
65 SVAQU 0.39% 1,096,480 $11M $9.95 +1,096,480 NEW
66 CGCT 0.39% 1,049,692 $11M $10.29 $257K
67 NHIC 0.38% 1,033,008 $11M $10.36 $186K
68 LWACU 0.38% 1,064,528 $11M $10.05 -$3M -335,468 -24.0%
69 IPCXU 0.38% 1,052,225 $11M $10.14 $84K
70 ADACU 0.38% 1,064,004 $11M $9.99 +1,064,004 NEW
71 LPCVU 0.38% 1,064,004 $11M $9.98 +1,064,004 NEW
72 YCY 0.37% 982,765 $10M $10.67 $147K
73 ITHAU 0.37% 1,042,890 $10M $9.96 +1,042,890 NEW
74 IRHOU 0.34% 973,608 $10M $9.94 +973,608 NEW
75 FLR 0.34% 243,707 $10M $39.63 +243,707 NEW
76 CHAC 0.33% 867,540 $9M $10.77 -$5M -596,450 -40.7%
77 CTLP 0.33% 870,900 $9M $10.62 $44K
78 AEAQU 0.32% 910,266 $9M $10.00 +910,266 NEW
79 BDCI 0.32% 888,512 $9M $10.02 +888,512 NEW
80 PRA 0.32% 366,317 $9M $24.16 $452K +16,231 +4.6%
81 AEXA 0.31% 770,000 $9M $11.39 -$2M -230,000 -23.0%
82 GWRE 0.31% 42,954 $9M $201.01 -$3M -9,702 -18.4%
83 TLNC 0.30% 845,133 $9M $10.10 +845,133 NEW
84 OBA 0.30% 836,356 $8M $10.06 -$3M -263,638 -24.0%
85 ATXS 0.29% 627,293 $8M $13.09 +627,293 NEW
86 SAC-UN 0.29% 812,750 $8M $10.09 +812,750 NEW
87 DVAX 0.29% 531,812 $8M $15.38 +531,812 NEW
88 APXTU 0.29% 798,868 $8M $10.01 +798,868 NEW
89 MOFG 0.28% 206,184 $8M $38.50 +206,184 NEW
90 FGMC 0.28% 784,000 $8M $10.04 $39K
91 SBXE-UN 0.28% 775,551 $8M $10.04 +775,551 NEW
92 CEPF 0.28% 756,700 $8M $10.28 $68K
93 BLRKU 0.28% 775,535 $8M $10.00 +775,535 NEW
94 RDAGU 0.27% 734,626 $7M $10.12 -$62K
95 BLZR 0.26% 732,789 $7M $10.01 +732,789 NEW
96 IBAC 0.26% 688,646 $7M $10.50 -$2M -230,027 -25.0%
97 JAMF 0.24% 525,470 $7M $13.01 +525,470 NEW
98 WENN 0.24% 671,326 $7M $10.10 -$20K
99 TVAIR 0.24% 668,973 $7M $10.12 $60K
100 LATA 0.24% 677,427 $7M $9.96 +677,427 NEW

New Positions

SymbolValue% Port
QRVO $118M 4.21%
NGD $92M 3.27%
CMA $88M 3.13%
KVUE $60M 2.15%
WBD $50M 1.78%
SEE $44M 1.56%
CFLT $43M 1.51%
REVG $41M 1.47%
CSGS $39M 1.38%
BHF $37M 1.31%
WTRG $36M 1.30%
CDTX $35M 1.24%
HI $33M 1.18%
CWAN $32M 1.13%
HOLX $31M 1.11%

Sold Out Positions

SymbolValue% Port
FFC —%
ETG —%
BCSS —%
RA —%
PNFP —%
FCRS —%
CCRN —%
CHW —%
IMSRW —%
KOYNU —%
APACU —%
OTGA —%
TLNCU —%
HVMCU —%
MBVIU —%
View SEC EDGAR Filings for AQR Arbitrage LLC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms