We are live on ! Find out more
AA

AQR Arbitrage Portfolio holdings

AUM $6.09B
1-Year Est. Return 27.01%
This Fund
S&P 500
This Quarter Est. Return
+3.38%
1 Year Est. Return
+27.01%
3 Year Est. Return
+77.25%
5 Year Est. Return
+160.09%
10 Year Est. Return
+1,244.43%
AUM
$4.36B
AUM Growth
+$127M
Cap. Flow
-$883M
Cap. Flow %
-20.26%
Top 10 Hldgs %
23.47%
Holding
494
New
108
Increased
21
Reduced
89
Closed
104

Top Buys

Rank Stock Value
1
HES
Hess
HES
+$63M
2
SWTX
SpringWorks Therapeutics
SWTX
+$58.7M
3
TXNM
TXNM Energy Inc
TXNM
+$53.5M
4
AVDX
AvidXchange
AVDX
+$40.7M
5
SKX
Skechers
SKX
+$39.6M

Top Sells

Rank Stock Value
1
DFS
Discover Financial Services
DFS
+$78M
2
BERY
Berry Global Group, Inc.
BERY
+$54.3M
3
BECN
Beacon Roofing Supply, Inc.
BECN
+$37.2M
4
HEES
H&E Equipment Services
HEES
+$33.6M
5
ITCI
Intra-Cellular Therapies Inc.
ITCI
+$33.3M

Sector Composition

Rank Sector Weight
1 Financials 22.27%
2 Energy 6.34%
3 Technology 4.75%
4 Healthcare 4.23%
5 Utilities 3.51%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
NETDW
251
DELISTED
Nabors Energy Transition Corp II Warrant
NETDW
$238K 0.01%
495,238
– –
VCICW
252
DELISTED
Vine Hill Capital Investment Corp Warrant
VCICW
$237K 0.01%
981,818
– –
IROHR
253
DELISTED
Iron Horse Acquisitions Corp Right
IROHR
$226K 0.01%
455,257
– –
LEGT.WS
254
DELISTED
Legato Merger Corp III Warrants
LEGT.WS
$226K 0.01%
836,589
– –
NHICW
255
NewHold Investment Corp III Warrants
NHICW
$20.4M
$224K 0.01%
+699,999
New +$189K
WFC.PRL icon
256
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
$4.66B
$224K 0.01%
190
– –
WLACW
257
DELISTED
Willow Lane Acquisition Corp Warrants
WLACW
$224K 0.01%
620,913
– –
PCQ
258
Pimco California Municipal Income Fund
PCQ
$162M
$217K 0.01%
25,397
-15,463
-38% -$132K
POLEW
259
Andretti Acquisition Corp II Warrant
POLEW
$2.53M
$208K ﹤0.01%
1,114,616
– –
TBMCR
260
DELISTED
Trailblazer Merger Corporation I Rights
TBMCR
$201K ﹤0.01%
538,763
– –
SVCCW
261
Stellar V Capital Corp Warrant
SVCCW
$200K ﹤0.01%
+742,500
New +$169K
TDACW
262
Translational Development Acquisition Corp Warrants
TDACW
$15.3M
$186K ﹤0.01%
742,497
– –
TGE.WS
263
The Generation Essentials Group Warrants
TGE.WS
$184K ﹤0.01%
+460,084
New +$245K
ATIIW
264
Archimedes Tech SPAC Partners II Co Warrant
ATIIW
$21.3M
$182K ﹤0.01%
+651,618
New +$201K
NTWOW
265
Newbury Street II Acquisition Corp Warrant
NTWOW
$182K ﹤0.01%
727,364
– –
JVSAR
266
DELISTED
JV SPAC Acquisition Corp. Right
JVSAR
$175K ﹤0.01%
201,049
– –
MACIW
267
Melar Acquisition Corp I Warrant
MACIW
$168K ﹤0.01%
542,398
– –
GSHRW
268
Gesher Acquisition Corp II Warrants
GSHRW
$160K ﹤0.01%
+499,999
New +$142K
TAVIR
269
Tavia Acquisition Corp Right
TAVIR
$157K ﹤0.01%
950,000
– –
PGACR
270
Pantages Capital Acquisition Corp Right
PGACR
$154K ﹤0.01%
700,000
– –
GPATW
271
GP-Act III Acquisition Corp Warrants
GPATW
$153K ﹤0.01%
494,096
– –
FGMCR
272
DELISTED
FG Merger II Corp Rights
FGMCR
$151K ﹤0.01%
792,000
– –
JHS
273
John Hancock Income Securities Trust
JHS
$126M
$143K ﹤0.01%
12,688
-4,138
-25% -$46.2K
IPEXR
274
Inflection Point Acquisition Corp V Rights
IPEXR
$136K ﹤0.01%
500,000
– –
BKHAR
275
Black Hawk Acquisition Corp Rights
BKHAR
$131K ﹤0.01%
87,245
– –
9 10
11
12 13

Similar funds

JWBC
John W. Bristol & Co New York $6.08B AUM 16.51% 1-Year Est. Return
GA
Greenhaven Associates Purchase, New York $6.07B AUM 11.2% 1-Year Est. Return
CIS
Capital International Sarl Los Angeles, California $6.11B AUM 32.29% 1-Year Est. Return
EMPI
Elo Mutual Pension Insurance Espoo, Finland $6.06B AUM 24.33% 1-Year Est. Return
HCM
Howard Capital Management Roswell, Georgia $6.11B AUM 33.56% 1-Year Est. Return
HPG
Harvest Portfolios Group Oakville, Ontario, Canada $6.06B AUM 16.63% 1-Year Est. Return
DTC
Deep Track Capital Greenwich, Connecticut $6.12B AUM 144% 1-Year Est. Return
AWA
Arkadios Wealth Advisors Atlanta, Georgia $6.13B AUM 23.41% 1-Year Est. Return

AQR Arbitrage's Q2 2025 Portfolio in Review

As of Q2 2025, AQR Arbitrage held 494 positions worth $4.36B, up 3% from $4.23B the previous quarter. Its ten largest holdings account for 23% of the portfolio.

AQR Arbitrage withdrew a net $883M in Q2 2025, closing 104 positions and reducing 89 holdings. Its most notable exit was Discover Financial Services, an estimated $78M position sold in full.

By sector, the portfolio is most concentrated in Financials at 22% of assets, up from 20% a quarter earlier, followed by Energy and Technology.

Against the trend, AQR Arbitrage opened a new position in SpringWorks Therapeutics worth $62M.

  • AQR Arbitrage's largest Q2 2025 buy was SpringWorks Therapeutics: 1,319,782 shares worth $62M.
  • AQR Arbitrage added most to Hess in Q2 2025, an estimated $63M increase.
  • AQR Arbitrage's biggest Q2 2025 reduction was GSR III Acquisition Corp, cutting an estimated $12.6M.
  • AQR Arbitrage fully exited Discover Financial Services in Q2 2025, selling an estimated $78M.
  • AQR Arbitrage's ten largest holdings make up 23% of its $4.36B portfolio in Q2 2025.
  • AQR Arbitrage opened 108 new positions and closed 104 in Q2 2025.
  • AQR Arbitrage's portfolio value rose 3% quarter-over-quarter to $4.36B.

Based on AQR Arbitrage's 13F filing for Q2 2025, filed 14 Aug 2025.