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
+6.9%
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
$9.64B
AUM Growth
-$556M
Cap. Flow
-$2.79B
Cap. Flow %
-29%
Top 10 Hldgs %
21.95%
Holding
431
New
81
Increased
27
Reduced
61
Closed
87

Top Buys

Rank Stock Value
1
NXPI icon
NXP Semiconductors
NXPI
+$154M
2
ENH
Endurance Specialty Holdings Ltd
ENH
+$152M
3
BEAV
B/E Aerospace Inc
BEAV
+$147M
4
CAB
Cabela's Inc
CAB
+$122M
5
BRCD
Brocade Communications Systems, Inc. NEW
BRCD
+$117M

Top Sells

Rank Stock Value
1
KLAC icon
KLA
KLAC
+$194M
2
AGN.PRA
Allergan plc
AGN.PRA
+$175M
3
FCAM
Fiat Chrysler Automobiles N.V.
FCAM
+$141M
4
CPHD
Cepheid Inc
CPHD
+$134M
5
TMUSP
T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A
TMUSP
+$130M

Sector Composition

Rank Sector Weight
1 Technology 11.04%
2 Materials 8.18%
3 Healthcare 7.95%
4 Financials 6.25%
5 Consumer Discretionary 4.75%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
IIM icon
201
Invesco Value Municipal Income Trust
IIM
$583M
$444K ﹤0.01%
+30,342
New +$455K
BPL
202
DELISTED
Buckeye Partners, L.P.
BPL
$442K ﹤0.01%
6,687
– –
ETP
203
DELISTED
Energy Transfer Partners, L.P.
ETP
$432K ﹤0.01%
17,976
– –
AOD
204
abrdn Total Dynamic Dividend Fund
AOD
$1.1B
$422K ﹤0.01%
+55,630
New +$414K
QHC
205
DELISTED
Quorum Health Corporation
QHC
$413K ﹤0.01%
56,871
– –
PSXP
206
DELISTED
PHILLIPS 66 PARTNERS LP
PSXP
$401K ﹤0.01%
8,245
– –
MTW icon
207
Manitowoc
MTW
$516M
$399K ﹤0.01%
16,662
-26,012
-61% -$536K
APVO icon
208
Aptevo Therapeutics
APVO
$5.47M
– –
0
– –
WBT
209
DELISTED
Welbilt, Inc.
WBT
$386K ﹤0.01%
19,958
-16,921
-46% -$289K
CNXM
210
DELISTED
CNX Midstream Partners LP
CNXM
$386K ﹤0.01%
16,400
– –
LKSD
211
DELISTED
LSC Communications, Inc.
LKSD
$385K ﹤0.01%
+12,972
New +$308K
BNED icon
212
Barnes & Noble Education
BNED
$412M
$382K ﹤0.01%
333
-279
-46% -$295K
HRI icon
213
Herc Holdings
HRI
$5.43B
$373K ﹤0.01%
9,290
-29,371
-76% -$1.06M
PEO
214
Adams Natural Resources Fund
PEO
$759M
$372K ﹤0.01%
+19,192
New +$367K
PJT icon
215
PJT Partners
PJT
$4.37B
$353K ﹤0.01%
11,424
-15,437
-57% -$444K
LCAHW
216
DELISTED
Landcadia Holdings, Inc. Warrant
LCAHW
$350K ﹤0.01%
+500,000
New +$308K
DFIN icon
217
Donnelley Financial Solutions
DFIN
$1.21B
$349K ﹤0.01%
+15,186
New +$322K
SABA
218
Saba Capital Income & Opportunities Fund II
SABA
$220M
$349K ﹤0.01%
26,952
+16,738
+164% +$211K
ASIX icon
219
AdvanSix
ASIX
$567M
$344K ﹤0.01%
+15,523
New +$279K
MMLP icon
220
Martin Midstream Partners
MMLP
$95.9M
$344K ﹤0.01%
18,768
– –
NAC icon
221
Nuveen California Quality Municipal Income Fund
NAC
$1.83B
$341K ﹤0.01%
+24,144
New +$354K
BOE icon
222
BlackRock Enhanced Global Dividend Trust
BOE
$662M
$339K ﹤0.01%
+29,300
New +$342K
FAM
223
DELISTED
First Trust/abrdn Global Opportunity Income Fund
FAM
$339K ﹤0.01%
30,419
-15,900
-34% -$177K
AFI
224
DELISTED
Armstrong Flooring, Inc.
AFI
$332K ﹤0.01%
16,693
-20,516
-55% -$378K
GPACW
225
DELISTED
Global Partner Acquisition Corp
GPACW
$331K ﹤0.01%
1,068,000
– –
7 8
9
10 11

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 Q4 2016 Portfolio in Review

As of Q4 2016, AQR Arbitrage held 431 positions worth $9.64B, down 5.5% from $10.2B the previous quarter. Its ten largest holdings account for 22% of the portfolio.

AQR Arbitrage withdrew a net $2.79B in Q4 2016, closing 87 positions and reducing 61 holdings. Its most notable exit was KLA, an estimated $194M position sold in full.

By sector, the portfolio is most concentrated in Technology at 11% of assets, up from 9.8% a quarter earlier, followed by Materials and Healthcare.

Against the trend, AQR Arbitrage opened a new position in NXP Semiconductors worth $152M.

  • AQR Arbitrage's largest Q4 2016 buy was NXP Semiconductors: 1,547,577 shares worth $152M.
  • AQR Arbitrage added most to Agrium in Q4 2016, an estimated $72.4M increase.
  • AQR Arbitrage's biggest Q4 2016 reduction was T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A, cutting an estimated $130M.
  • AQR Arbitrage fully exited KLA in Q4 2016, selling an estimated $194M.
  • AQR Arbitrage's ten largest holdings make up 22% of its $9.64B portfolio in Q4 2016.
  • AQR Arbitrage opened 81 new positions and closed 87 in Q4 2016.
  • AQR Arbitrage's portfolio value fell 5.5% quarter-over-quarter to $9.64B.

Based on AQR Arbitrage's 13F filing for Q4 2016, filed 14 Feb 2017.