AQR Arbitrage LLC 13F holdings, Q3 2025
Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →
AQR Arbitrage LLC disclosed 448 US equity positions worth $3.9bn in its Q3 2025 13F filing. The largest position was IPG at 2.6% of the reported book, followed by AEBA and AYS1. Against the Q2 2025 filing, it opened 22 new positions, added to 14 and reduced 10 among the top 50 holdings.
What did AQR Arbitrage LLC own in Q3 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2025 |
|---|---|---|---|---|---|---|---|
| 1 | IPG INTERPUBLIC GROUP COS INC | 2.6% | $101.4m | 3,633,044 | 18% | added | |
| 2 | AEBA ALLETE INC | 2.3% | $91.1m | 1,372,186 | -10% | reduced | |
| 3 | AYS1 SANDSTORM GOLD LTD | 1.9% | $75.9m | 6,061,783 | – | new | |
| 4 | CHART INDS INC | 1.9% | $75.8m | 378,580 | 369% | added | |
| 5 | KEL KELLANOVA | 1.8% | $72.1m | 880,941 | -3% | reduced | |
| 6 | DEXCOM INC | 1.8% | $70.4m | 77,184,000 | 39% | added | |
| 7 | AIR LEASE CORP | 1.6% | $64.2m | 1,008,638 | – | new | |
| 8 | TXNM TXNM ENERGY INC | Utilities | 1.5% | $59.2m | 1,047,107 | 7% | added |
| 9 | CYBERARK SOFTWARE LTD | 1.5% | $59.1m | 122,381 | – | new | |
| 10 | FYBR FRONTIER COMMUNICATIONS PARE | 1.5% | $59.0m | 1,580,940 | 72% | added | |
| 11 | NSC NORFOLK SOUTHN CORP | Industrials | 1.5% | $58.9m | 196,319 | – | new |
| 12 | AKAM AKAMAI TECHNOLOGIES INC | 1.5% | $57.2m | 60,830,000 | 131% | added | |
| 13 | VRNA VERONA PHARMA PLC | 1.4% | $54.8m | 513,778 | – | new | |
| 14 | 8L8C LIBERTY BROADBAND CORP | 1.4% | $54.5m | 857,476 | 209% | added | |
| 15 | PATRICK INDS INC | 1.3% | $52.5m | 32,387,000 | -27% | reduced | |
| 16 | AVDX AVIDXCHANGE HOLDINGS INC | 1.3% | $52.4m | 5,268,902 | 17% | added | |
| 17 | WNS HLDGS LTD | 1.3% | $50.9m | 666,844 | – | new | |
| 18 | EXACT SCIENCES CORP | 1.3% | $50.7m | 54,884,000 | -23% | reduced | |
| 19 | TRANSOCEAN INC | 1.1% | $42.8m | 36,150,000 | 0% | held | |
| 20 | FIVE9 INC | 1.1% | $42.4m | 47,745,000 | 220% | added | |
| 21 | WISDOMTREE INC | 1.1% | $41.4m | 31,525,000 | – | new | |
| 22 | ON ON SEMICONDUCTOR CORP | 1.0% | $39.4m | 42,640,000 | 83% | added | |
| 23 | S9Q SPIRIT AEROSYSTEMS HLDGS INC | 0.9% | $35.9m | 930,112 | 0% | held | |
| 24 | WKC WORLD KINECT CORPORATION | 0.9% | $34.9m | 31,595,000 | 42% | added | |
| 25 | HN9 HANESBRANDS INC | 0.9% | $33.6m | 5,108,216 | – | new | |
| 26 | DRAFTKINGS INC NEW | 0.8% | $33.0m | 36,647,000 | -42% | reduced | |
| 27 | ETSY ETSY INC | 0.8% | $31.7m | 30,475,000 | -19% | reduced | |
| 28 | ALIBABA GROUP HLDG LTD | 0.8% | $31.3m | 17,000,000 | – | new | |
| 29 | JD.COM INC | 0.8% | $31.0m | 28,800,000 | – | new | |
| 30 | INFA1EUR INFORMATICA INC | 0.8% | $30.7m | 1,236,458 | 336% | added | |
| 31 | SNOW SNOWFLAKE INC | 0.8% | $29.9m | 19,092,000 | – | new | |
| 32 | VBTX VERITEX HLDGS INC | 0.7% | $27.3m | 813,371 | – | new | |
| 33 | GROUPON INC | 0.7% | $27.2m | 29,500,000 | – | new | |
| 34 | FE FIRSTENERGY CORP | 0.7% | $26.7m | 25,682,000 | -28% | reduced | |
| 35 | KKR & CO INC | 0.7% | $26.2m | 500,000 | – | new | |
| 36 | FORD MTR CO | 0.7% | $25.7m | 25,250,000 | 10000% | added | |
| 37 | EQV VENTURES ACQUISITION COR | 0.6% | $25.2m | 2,423,674 | -0% | held | |
| 38 | GJB STEELCASE INC | 0.6% | $23.9m | 1,388,663 | – | new | |
| 39 | SNAP INC | 0.6% | $23.5m | 27,375,000 | – | new | |
| 40 | AGRICULTURE & NAT SOL ACQ CO | 0.6% | $22.2m | 2,035,706 | -1% | reduced | |
| 41 | DAY DAYFORCE INC | 0.6% | $21.7m | 314,882 | – | new | |
| 42 | DUKE ENERGY CORP NEW | 0.5% | $21.6m | 20,075,000 | – | new | |
| 43 | BOLD EAGLE ACQUISITION CORP | 0.5% | $21.0m | 2,020,363 | -0% | held | |
| 44 | PD PAGERDUTY INC | 0.5% | $20.9m | 21,286,000 | -19% | reduced | |
| 45 | COINBASE GLOBAL INC | 0.5% | $20.6m | 16,390,000 | 15510% | added | |
| 46 | PENGUIN SOLUTIONS INC | 0.5% | $20.4m | 17,071,000 | – | new | |
| 47 | PINNACLE WEST CAP CORP | 0.5% | $20.2m | 18,797,000 | – | new | |
| 48 | EA ELECTRONIC ARTS INC | Communication Services | 0.5% | $20.2m | 100,305 | – | new |
| 49 | ALARM COM HLDGS INC | 0.5% | $20.2m | 20,975,000 | – | new | |
| 50 | DBX DROPBOX INC | 0.5% | $19.7m | 19,055,000 | -20% | reduced |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.