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
GLQ
201
Clough Global Equity Fund
GLQ
$154M
$956K 0.02%
134,208
-26,221
-16% -$171K
SBXD.WS
202
SilverBox Corp IV Warrants
SBXD.WS
$893K 0.02%
744,526
– –
MHI
203
DELISTED
Pioneer Municipal High Income Fund
MHI
$891K 0.02%
97,296
-45,960
-32% -$417K
BEAGR
204
Bold Eagle Acquisition Corp Right
BEAGR
$849K 0.02%
2,828,981
– –
FTW.WS
205
Presidio Production Co Warrants
FTW.WS
$842K 0.02%
1,146,815
– –
BACQR
206
DELISTED
Inflection Point Acquisition Corp IV Right
BACQR
$841K 0.02%
2,462,563
– –
BRRWW
207
ProCap Financial Inc
BRRWW
$830K 0.02%
+499,997
New +$917K
EXG icon
208
Eaton Vance Tax-Managed Global Diversified Equity Income Fund
EXG
$2.91B
$775K 0.02%
88,564
-573,463
-87% -$4.75M
GF
209
New Germany Fund
GF
$184M
$708K 0.02%
59,335
-18,137
-23% -$197K
ETO
210
Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund
ETO
$492M
$637K 0.01%
23,412
-24,576
-51% -$617K
ESHA
211
DELISTED
ESH Acquisition Corp
ESHA
$600K 0.01%
54,000
– –
BOE icon
212
BlackRock Enhanced Global Dividend Trust
BOE
$662M
$582K 0.01%
51,257
-127,143
-71% -$1.38M
HVIIR
213
Hennessy Capital Investment Corp VII Rights
HVIIR
$572K 0.01%
1,732,500
– –
DAAQW
214
Digital Asset Acquisition Corp Warrant
DAAQW
$2.81M
$557K 0.01%
+742,497
New +$704K
AACBR
215
Artius II Acquisition Inc Rights
AACBR
$554K 0.01%
+1,980,000
New +$444K
GENVR
216
Gen Digital Inc Contingent Value Rights
GENVR
$549K 0.01%
+67,329
New +$473K
CHACR
217
DELISTED
Crane Harbor Acquistion Corp Rights
CHACR
$535K 0.01%
+1,980,000
New +$452K
ECF
218
Ellsworth Growth & Income Fund
ECF
$171M
$531K 0.01%
51,831
-19,806
-28% -$187K
ALDFW
219
Aldel Financial II Inc Warrants
ALDFW
$518K 0.01%
1,131,592
– –
TACOW
220
Berto Acquisition Corp Warrant
TACOW
$16.6M
$504K 0.01%
+774,998
New +$580K
FERAR
221
Fifth Era Acquisition Corp I Rights
FERAR
$501K 0.01%
+1,782,582
New +$397K
LPBBW
222
Launch Two Acquisition Corp Warrant
LPBBW
$499K 0.01%
1,116,602
– –
LOKVW
223
DELISTED
Live Oak Acquisition Corp V Warrants
LOKVW
$455K 0.01%
+649,998
New +$329K
JACS.RT
224
Jackson Acquisition Co II Rights
JACS.RT
$448K 0.01%
1,600,000
– –
ALFUW
225
Centurion Acquisition Corp Warrant
ALFUW
$433K 0.01%
1,396,615
– –
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 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.