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
+14.44%
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
$5.92B
AUM Growth
-$911M
(-13%)
Cap. Flow
-$3.32B
Cap. Flow
% of AUM
-56.08%
Top 10 Holdings %
Top 10 Hldgs %
25.76%
Holding
540
New
84
Increased
20
Reduced
96
Closed
81
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
WMGI
Wright Medical Group Inc
WMGI
|
+$112M |
| 2 |
TSG
The Stars Group Inc.
TSG
|
+$109M |
| 3 |
TIF
Tiffany & Co.
TIF
|
+$106M |
| 4 |
MDCO
Medicines Co
MDCO
|
+$102M |
| 5 |
RARX
Ra Pharmaceuticals, Inc. Common Stock
RARX
|
+$84.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
STI
SunTrust Banks, Inc.
STI
|
+$216M |
| 2 |
MDSO
Medidata Solutions, Inc.
MDSO
|
+$192M |
| 3 |
VSM
Versum Materials, Inc.
VSM
|
+$133M |
| 4 |
CELG
Celgene Corp
CELG
|
+$125M |
| 5 |
GWR
Genesee & Wyoming Inc.
GWR
|
+$93.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 10.56% |
| 2 | Technology | 9.2% |
| 3 | Consumer Discretionary | 8.59% |
| 4 | Industrials | 5.33% |
| 5 | Communication Services | 3.64% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
WBC
1
DELISTED
WABCO HOLDINGS INC.
WBC
| $152M | 2.56% |
1,120,682
-309,115
| -22% | -$41.7M |
|
|
AGN
2
DELISTED
Allergan plc
AGN
| $150M | 2.54% |
786,723
-139,373
| -15% | -$25.1M |
|
|
MLNX
3
DELISTED
Mellanox Technologies, Ltd.
MLNX
| $142M | 2.41% |
1,215,641
-32,534
| -3% | -$3.7M |
|
|
WCG
4
DELISTED
Wellcare Health Plans, Inc.
WCG
| $135M | 2.29% |
410,180
-95,290
| -19% | -$28.6M |
|
|
WMGI
5
DELISTED
Wright Medical Group Inc
WMGI
| $131M | 2.21% |
+4,295,686
| New | +$112M |
|
|
MDCO
6
DELISTED
Medicines Co
MDCO
| $130M | 2.19% |
+1,528,417
| New | +$102M |
|
|
CY
7
DELISTED
Cypress Semiconductor
CY
| $128M | 2.17% |
5,501,767
-1,481,520
| -21% | -$34.7M |
|
|
ACIA
8
DELISTED
Acacia Communications Inc
ACIA
| $128M | 2.17% |
1,892,610
-103,510
| -5% | -$6.86M |
|
|
TSG
9
DELISTED
The Stars Group Inc.
TSG
| $127M | 2.14% |
+4,850,843
| New | +$109M |
|
|
TIF
10
DELISTED
Tiffany & Co.
TIF
| $120M | 2.03% |
+899,223
| New | +$106M |
|
|
ZAYO
11
DELISTED
Zayo Group Holdings, Inc.
ZAYO
| $119M | 2.01% |
3,438,231
-1,421,013
| -29% | -$48.7M |
|
|
ADSW
12
DELISTED
Advanced Disposal Services Inc
ADSW
| $119M | 2% |
3,611,549
-294,027
| -8% | -$9.64M |
|
|
S
13
DELISTED
Sprint Corporation
S
| $101M | 1.71% |
19,475,856
-2,944,737
| -13% | -$17.3M |
|
|
CZR
14
DELISTED
Caesars Entertainment Corporation
CZR
| $99.3M | 1.68% |
7,299,390
-502,656
| -6% | -$6.36M |
|
|
RARX
15
DELISTED
Ra Pharmaceuticals, Inc. Common Stock
RARX
| $89.5M | 1.51% |
+1,906,663
| New | +$84.3M |
|
|
FIT
16
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $84.4M | 1.43% |
+12,849,714
| New | +$75.4M |
|
|
BOLD
17
DELISTED
Audentes Therapeutics, Inc
BOLD
| $81.3M | 1.37% |
+1,358,308
| New | +$51M |
|
|
TGE
18
DELISTED
Tallgrass Energy, LP Class A Shares
TGE
| $68.1M | 1.15% |
3,078,072
+3,043,072
| +8,694% | +$58.4M |
|
|
EE
19
DELISTED
El Paso Electric Company
EE
| $54.7M | 0.92% |
806,421
+16,484
| +2% | +$1.11M |
|
|
RTN
20
DELISTED
Raytheon Company
RTN
| $49.9M | 0.84% |
227,308
| – | – |
|
|
KEM
21
DELISTED
KEMET Corporation
KEM
| $47.2M | 0.8% |
+1,744,808
| New | +$42.4M |
|
|
LPT
22
DELISTED
Liberty Property Trust
LPT
| $45.3M | 0.77% |
+755,000
| New | +$43.3M |
|
|
TECD
23
DELISTED
Tech Data Corp
TECD
| $44.8M | 0.76% |
+311,829
| New | +$40.1M |
|
|
PEGI
24
DELISTED
Pattern Energy Group Inc. Class A
PEGI
| $41.9M | 0.71% |
+1,565,711
| New | +$42.5M |
|
25
Genworth Financial
GNW
$3.8B
| $38.1M | 0.64% |
8,652,172
-2,633,147
| -23% | -$11.1M |
|
Similar funds
JWBC
GA
CIS
EMPI
HCM
HPG
DTC
AWA
AQR Arbitrage's Q4 2019 Portfolio in Review
As of Q4 2019, AQR Arbitrage held 540 positions worth $5.92B, down 13% from $6.83B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
AQR Arbitrage withdrew a net $3.32B in Q4 2019, closing 81 positions and reducing 96 holdings. Its most notable exit was SunTrust Banks, Inc., an estimated $216M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 11% of assets, up from 6.4% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, AQR Arbitrage opened a new position in Wright Medical Group Inc worth $131M.
- AQR Arbitrage's largest Q4 2019 buy was Wright Medical Group Inc: 4,295,686 shares worth $131M.
- AQR Arbitrage added most to Tallgrass Energy, LP Class A Shares in Q4 2019, an estimated $58.4M increase.
- AQR Arbitrage's biggest Q4 2019 reduction was Zayo Group Holdings, Inc., cutting an estimated $48.7M.
- AQR Arbitrage fully exited SunTrust Banks, Inc. in Q4 2019, selling an estimated $216M.
- AQR Arbitrage's ten largest holdings make up 26% of its $5.92B portfolio in Q4 2019.
- AQR Arbitrage opened 84 new positions and closed 81 in Q4 2019.
- AQR Arbitrage's portfolio value fell 13% quarter-over-quarter to $5.92B.
Based on AQR Arbitrage's 13F filing for Q4 2019, filed 14 Feb 2020.