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
+11.52%
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
$2.48B
AUM Growth
+$250M
Cap. Flow
-$715M
Cap. Flow %
-28.87%
Top 10 Hldgs %
15.92%
Holding
859
New
65
Increased
151
Reduced
87
Closed
168

Top Buys

Rank Stock Value
1
HES
Hess
HES
+$31.7M
2
PXD
Pioneer Natural Resource Co.
PXD
+$30.6M
3
X
US Steel
X
+$29.6M
4
KRTX
Karuna Therapeutics, Inc. Common Stock
KRTX
+$28.6M
5
IMGN
Immunogen Inc
IMGN
+$28.5M

Top Sells

Rank Stock Value
1
HZNP
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
+$51.3M
2
SGEN
Seagen Inc. Common Stock
SGEN
+$36.5M
3
ATVI
Activision Blizzard
ATVI
+$36.3M
4
VMW
VMware, Inc
VMW
+$28.1M
5
DEN
Denbury Inc.
DEN
+$26.5M

Sector Composition

Rank Sector Weight
1 Financials 12.2%
2 Healthcare 8.06%
3 Consumer Discretionary 3.81%
4 Technology 3.5%
5 Consumer Staples 2.56%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
KRTX
1
DELISTED
Karuna Therapeutics, Inc. Common Stock
KRTX
$46.6M 1.88%
+147,256
New +$28.6M
IMGN
2
DELISTED
Immunogen Inc
IMGN
$42.4M 1.71%
+1,429,078
New +$28.5M
ACI icon
3
Albertsons Companies
ACI
$5.4B
$41.7M 1.68%
1,820,449
+354,739
+24% +$7.83M
CERE
4
DELISTED
Cerevel Therapeutics Holdings, Inc. Common Stock
CERE
$39.6M 1.6%
+933,764
New +$26.8M
X
5
DELISTED
US Steel
X
$39.6M 1.6%
+813,418
New +$29.6M
TXNM
6
TXNM Energy Inc
TXNM
$6.47B
$34.3M 1.39%
825,718
+120,146
+17% +$5.15M
AMED
7
DELISTED
Amedisys
AMED
$33.4M 1.35%
352,015
+37,694
+12% +$3.52M
GHIX
8
DELISTED
Gores Holdings IX, Inc. Class A Common Stock
GHIX
$32M 1.29%
3,043,978
+669,300
+28% +$6.99M
HES
9
DELISTED
Hess
HES
$31.2M 1.26%
+216,329
New +$31.7M
PXD
10
DELISTED
Pioneer Natural Resource Co.
PXD
$29.4M 1.19%
+130,536
New +$30.6M
AYX
11
DELISTED
Alteryx Inc
AYX
$28.9M 1.17%
+613,306
New +$23.8M
SRC
12
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
$27.9M 1.13%
+638,040
New +$24.6M
CPRI icon
13
Capri Holdings
CPRI
$1.77B
$27.2M 1.1%
541,867
+21,643
+4% +$1.08M
SCRM
14
DELISTED
Screaming Eagle Acquisition Corp. Class A Ordinary Shares
SCRM
$26.7M 1.08%
2,518,282
-1,352,500
-35% -$14.2M
SPLK
15
DELISTED
Splunk Inc
SPLK
$23.6M 0.95%
155,284
+14,456
+10% +$2.16M
AEL
16
DELISTED
American Equity Investment Life Holding Company
AEL
$23.2M 0.94%
415,006
+148,342
+56% +$8.06M
KDK
17
Kodiak AI
KDK
$802M
$23M 0.93%
2,199,999
– –
HA
18
DELISTED
Hawaiian Holdings, Inc.
HA
$20.5M 0.83%
+1,445,838
New +$10.7M
WRK
19
DELISTED
WestRock Company
WRK
$19.7M 0.79%
473,873
+307,971
+186% +$11.8M
BKNG icon
20
Booking.com
BKNG
$138B
$19.2M 0.78%
135,275
-3,400
-2% -$424K
TGH
21
DELISTED
Textainer Group Holdings limited
TGH
$18.5M 0.75%
+376,293
New +$17.3M
SOVO
22
DELISTED
Sovos Brands, Inc. Common Stock
SOVO
$18.2M 0.74%
826,822
– –
ANSCU
23
Agriculture & Natural Solutions Acquisition Corp Unit
ANSCU
$15.2M 0.61%
+1,500,000
New +$15.2M
JPC icon
24
Nuveen Preferred & Income Opportunities Fund
JPC
$2.89B
$15M 0.61%
2,219,116
+1,416,391
+176% +$9.01M
CHS
25
DELISTED
Chicos FAS, Inc.
CHS
$15M 0.61%
1,976,399
+1,559,487
+374% +$11.7M
1
2 3 4 5

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 2023 Portfolio in Review

As of Q4 2023, AQR Arbitrage held 859 positions worth $2.48B, up 11% from $2.23B the previous quarter. Its ten largest holdings account for 16% of the portfolio.

AQR Arbitrage withdrew a net $715M in Q4 2023, closing 168 positions and reducing 87 holdings. Its most notable exit was Horizon Therapeutics Public Limited Company Ordinary Shares, an estimated $51.3M position sold in full.

By sector, the portfolio is most concentrated in Financials at 12% of assets, down from 17% a quarter earlier, followed by Healthcare and Consumer Discretionary.

Against the trend, AQR Arbitrage opened a new position in Hess worth $31.2M.

  • AQR Arbitrage's largest Q4 2023 buy was Hess: 216,329 shares worth $31.2M.
  • AQR Arbitrage added most to WestRock Company in Q4 2023, an estimated $11.8M increase.
  • AQR Arbitrage's biggest Q4 2023 reduction was Screaming Eagle Acquisition Corp. Class A Ordinary Shares, cutting an estimated $14.2M.
  • AQR Arbitrage fully exited Horizon Therapeutics Public Limited Company Ordinary Shares in Q4 2023, selling an estimated $51.3M.
  • AQR Arbitrage's ten largest holdings make up 16% of its $2.48B portfolio in Q4 2023.
  • AQR Arbitrage opened 65 new positions and closed 168 in Q4 2023.
  • AQR Arbitrage's portfolio value rose 11% quarter-over-quarter to $2.48B.

Based on AQR Arbitrage's 13F filing for Q4 2023, filed 14 Feb 2024.