# AQR Arbitrage LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1167456. Source: https://holderbook.com/funds/1167456-aqr-arbitrage-llc/

- Reported value: $7.0B
- Positions: 634
- Weight of the ten largest: 25.0%
- Filed: 2026-08-14

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| ELECTRONIC ARTS INC | [EA](https://holderbook.com/stocks/EA/) | $217.8M | 1,062,028 | 3.1% | 4 |
| AES CORP | [AES](https://holderbook.com/stocks/AES/) | $200.3M | 13,686,323 | 2.9% | 2 |
| WEBSTER FINL CORP | [WBS](https://holderbook.com/stocks/WBS/) | $191.5M | 2,522,937 | 2.7% | 2 |
| NORFOLK SOUTHN CORP | [NSC](https://holderbook.com/stocks/NSC/) | $180.9M | 578,240 | 2.6% | 4 |
| PENUMBRA INC | [PEN](https://holderbook.com/stocks/PEN/) | $178.0M | 563,873 | 2.5% | 2 |
| CHART INDS INC | [GTLS](https://holderbook.com/stocks/GTLS/) | $169.5M | 811,051 | 2.4% | 5 |
| QORVO INC | [QRVO](https://holderbook.com/stocks/QRVO/) | $166.2M | 1,782,061 | 2.4% | 3 |
| KENVUE INC | [KVUE](https://holderbook.com/stocks/KVUE/) | $160.7M | 8,441,922 | 2.3% | 3 |
| ESSENTIAL UTILS INC | [WTRG](https://holderbook.com/stocks/WTRG/) | $147.8M | 3,858,057 | 2.1% | 3 |
| WARNER BROS DISCOVERY INC | [WBD](https://holderbook.com/stocks/WBD/) | $141.1M | 5,293,977 | 2.0% | 3 |
| DOORDASH INC | - | $140.9M | 142,825,000 | 2.0% | 1 |
| SILICON LABORATORIES INC | [SLAB](https://holderbook.com/stocks/SLAB/) | $140.5M | 643,007 | 2.0% | 2 |
| TECK RESOURCES LTD | [TECK](https://holderbook.com/stocks/TECK/) | $133.2M | 2,240,303 | 1.9% | 4 |
| JANUS HENDERSON GROUP PLC | [JHG](https://holderbook.com/stocks/JHG/) | $131.0M | 2,522,373 | 1.9% | 3 |
| ROKU INC | [ROKU](https://holderbook.com/stocks/ROKU/) | $113.8M | 831,445 | 1.6% | 1 |
| TXNM ENERGY INC | [TXNM](https://holderbook.com/stocks/TXNM/) | $102.9M | 1,812,443 | 1.5% | 5 |
| AFFIRM HLDGS INC | - | $94.4M | 80,698,000 | 1.3% | 2 |
| SUPER MICRO COMPUTER INC | - | $88.5M | 99,561,000 | 1.3% | 1 |
| TRIP COM GROUP LTD | - | $87.6M | 88,745,000 | 1.2% | 3 |
| GAMESTOP CORP | - | $81.8M | 80,375,000 | 1.2% | 1 |
| NORTHWESTERN ENERGY GROUP IN | [NWE](https://holderbook.com/stocks/NWE/) | $78.4M | 1,094,832 | 1.1% | 4 |
| VALARIS LTD | [VAL](https://holderbook.com/stocks/VAL/) | $76.2M | 1,049,607 | 1.1% | 2 |
| NUVALENT INC | [NUVL](https://holderbook.com/stocks/NUVL/) | $74.3M | 601,633 | 1.1% | 1 |
| MAKEMYTRIP LIMITED MAURITIUS | - | $68.3M | 74,935,000 | 1.0% | 1 |
| DIGITALBRIDGE GROUP INC | [DBRG](https://holderbook.com/stocks/DBRG/) | $65.3M | 4,137,058 | 0.9% | 3 |
| BRIGHTHOUSE FINL INC | [BHF](https://holderbook.com/stocks/BHF/) | $58.7M | 927,295 | 0.8% | 3 |
| APOGEE THERAPEUTICS INC | [APGE](https://holderbook.com/stocks/APGE/) | $57.1M | 429,900 | 0.8% | 1 |
| BIO-TECHNE CORP | [TECH](https://holderbook.com/stocks/TECH/) | $53.8M | 761,868 | 0.8% | 1 |
| ORGANON & CO | [OGN](https://holderbook.com/stocks/OGN/) | $52.4M | 3,880,354 | 0.7% | 1 |
| LIBERTY BROADBAND CORP | [LBRDK](https://holderbook.com/stocks/LBRDK/) | $52.3M | 1,575,430 | 0.7% | 6 |
| UNITY SOFTWARE INC | - | $51.3M | 45,262,000 | 0.7% | 2 |
| LIVERAMP HLDGS INC | [RAMP](https://holderbook.com/stocks/RAMP/) | $49.8M | 1,324,683 | 0.7% | 1 |
| NCR ATLEOS CORPORATION | [NATL](https://holderbook.com/stocks/NATL/) | $49.2M | 1,148,113 | 0.7% | 2 |
| SELECT MED HLDGS CORP | [SEM](https://holderbook.com/stocks/SEM/) | $47.6M | 2,880,889 | 0.7% | 2 |
| GLOBAL PMTS INC | - | $47.0M | 52,247,000 | 0.7% | 3 |
| DOMINION ENERGY INC | [D](https://holderbook.com/stocks/D/) | $45.9M | 671,858 | 0.7% | 1 |
| FLUENCE ENERGY INC | - | $45.2M | 35,207,000 | 0.6% | 2 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $45.1M | 127,605 | 0.6% | 2 |
| NATIONAL STORAGE AFFILIATES | [NSA](https://holderbook.com/stocks/NSA/) | $41.0M | 923,781 | 0.6% | 2 |
| CRACKER BARREL OLD CTRY STOR | - | $40.7M | 39,678,000 | 0.6% | 1 |
| PROGRESS SOFTWARE CORP | - | $40.5M | 42,136,000 | 0.6% | 4 |
| UPSTART HLDGS INC | - | $40.0M | 48,750,000 | 0.6% | 2 |
| STRATEGY INC | - | $39.4M | 41,205,000 | 0.6% | 3 |
| UNIFIRST CORP MASS | [UNF](https://holderbook.com/stocks/UNF/) | $38.9M | 147,098 | 0.6% | 2 |
| TWO HARBORS INVENTMENT CORPO | [TWO](https://holderbook.com/stocks/TWO/) | $38.4M | 3,094,518 | 0.5% | 3 |
| WEIBO CORP | - | $37.9M | 37,706,000 | 0.5% | 3 |
| ARRAY TECHNOLOGIES INC | - | $37.8M | 30,241,000 | 0.5% | 1 |
| NIO INC | - | $37.4M | 37,180,000 | 0.5% | 1 |
| SKYWATER TECHNOLOGY INC | [SKYT](https://holderbook.com/stocks/SKYT/) | $37.1M | 1,066,825 | 0.5% | 2 |
| GROUPON INC | - | $36.4M | 36,811,000 | 0.5% | 4 |
| ALIBABA GROUP HLDG LTD | - | $36.3M | 30,715,000 | 0.5% | 4 |
| ARCOSA INC | [ACA](https://holderbook.com/stocks/ACA/) | $35.2M | 242,389 | 0.5% | 1 |
| JD.COM INC | - | $34.3M | 34,830,000 | 0.5% | 4 |
| CAESARS ENTERTAINMENT INC NE | [CZR](https://holderbook.com/stocks/CZR/) | $31.7M | 1,061,720 | 0.5% | 1 |
| ETSY INC | - | $30.7M | 26,450,000 | 0.4% | 1 |
| TOPBUILD COR | [BLD](https://holderbook.com/stocks/BLD/) | $30.2M | 85,278 | 0.4% | 1 |
| STELLAR BANCORP INC | [STEL](https://holderbook.com/stocks/STEL/) | $28.0M | 711,552 | 0.4% | 2 |
| AXALTA COATING SYS LTD | [AXTA](https://holderbook.com/stocks/AXTA/) | $25.2M | 743,767 | 0.4% | 3 |
| VERTEX INC | - | $25.0M | 27,987,000 | 0.4% | 2 |
| GLOBAL BUSINESS TRAVEL GROUP | [GBTG](https://holderbook.com/stocks/GBTG/) | $24.3M | 2,592,426 | 0.3% | 1 |
| LEGGETT & PLATT INC | [LEG](https://holderbook.com/stocks/LEG/) | $23.5M | 2,038,126 | 0.3% | 1 |
| ORLA MNG LTD NEW | [ORLA](https://holderbook.com/stocks/ORLA/) | $22.8M | 2,333,922 | 0.3% | 1 |
| AGRICULTURE & NAT SOL ACQ CO | [ANSC](https://holderbook.com/stocks/ANSC/) | $22.7M | 2,000,979 | 0.3% | 10 |
| AVANOS MED INC | [AVNS](https://holderbook.com/stocks/AVNS/) | $22.3M | 895,333 | 0.3% | 1 |
| CHURCHILL CAP CORP XII | - | $21.9M | 2,024,126 | 0.3% | 1 |
| CATALYST PHARMACEUTICALS INC | [CPRX](https://holderbook.com/stocks/CPRX/) | $21.2M | 674,223 | 0.3% | 1 |
| ALPHATEC HLDGS INC | - | $20.4M | 21,328,000 | 0.3% | 2 |
| BOLD EAGLE ACQUISITION CORP | [BEAG](https://holderbook.com/stocks/BEAG/) | $20.3M | 1,898,570 | 0.3% | 7 |
| ARES ACQUISITION CORP III | [AAC-UN](https://holderbook.com/stocks/AAC-UN/) | $20.1M | 2,000,000 | 0.3% | 1 |
| TAYLOR MORRISON HOME CORP | [TMHC](https://holderbook.com/stocks/TMHC/) | $20.0M | 278,088 | 0.3% | 1 |
| M3BRIGADE ACQUISITION V CORP | [VLOS](https://holderbook.com/stocks/VLOS/) | $19.5M | 1,800,000 | 0.3% | 1 |
| ESPERION THERAPEUTICS INC NE | [ESPR](https://holderbook.com/stocks/ESPR/) | $19.1M | 6,046,463 | 0.3% | 1 |
| GENERAL CATALYST GBL RESIL M | - | $18.8M | 1,830,500 | 0.3% | 1 |
| GIGCAPITAL8 CORP | [GIW](https://holderbook.com/stocks/GIW/) | $17.5M | 1,741,396 | 0.2% | 3 |
| KEYSTONE ACQUISITION CORP | [KEYYW](https://holderbook.com/stocks/KEYYW/) | $17.3M | 1,723,275 | 0.2% | 1 |
| IRENIC ACQUISITION CORP | - | $16.4M | 1,611,286 | 0.2% | 1 |
| TITAN ACQUISITION CORP | [TACH](https://holderbook.com/stocks/TACH/) | $16.4M | 1,573,737 | 0.2% | 5 |
| ZIM INTEGRATED SHIPPING SERV | [ZIM](https://holderbook.com/stocks/ZIM/) | $16.0M | 613,986 | 0.2% | 2 |
| ALDEL FINL II INC | [ALDF](https://holderbook.com/stocks/ALDF/) | $15.6M | 1,463,426 | 0.2% | 7 |
| GP-ACT III ACQUISITION CORP | [GPAT](https://holderbook.com/stocks/GPAT/) | $15.2M | 1,400,000 | 0.2% | 8 |
| ARTIUS II ACQUISITION INC | [AACB](https://holderbook.com/stocks/AACB/) | $15.1M | 1,440,225 | 0.2% | 5 |
| LIONHEART HOLDINGS | [CUB](https://holderbook.com/stocks/CUB/) | $15.1M | 1,400,000 | 0.2% | 8 |
| RITHM ACQUISITION CORP | [RAC](https://holderbook.com/stocks/RAC/) | $15.0M | 1,435,463 | 0.2% | 5 |
| LAUNCH ONE ACQUISITION CORP | [LPAA](https://holderbook.com/stocks/LPAA/) | $15.0M | 1,381,500 | 0.2% | 8 |
| TALKSPACE INC | [TALK](https://holderbook.com/stocks/TALK/) | $15.0M | 2,883,106 | 0.2% | 2 |
| NEW PROVIDENCE ACQUISITION C | [NPAC](https://holderbook.com/stocks/NPAC/) | $14.6M | 1,409,778 | 0.2% | 4 |
| GIGCAPITAL9 CORP | [GIX](https://holderbook.com/stocks/GIX/) | $14.6M | 1,473,524 | 0.2% | 1 |
| ANDRETTI ACQUISITION CORP II | [POLE](https://holderbook.com/stocks/POLE/) | $14.5M | 1,350,637 | 0.2% | 7 |
| GLOBALSTAR INC | [GSAT](https://holderbook.com/stocks/GSAT/) | $14.4M | 177,549 | 0.2% | 1 |
| LAUNCH TWO ACQUISITION CORP. | [LPBB](https://holderbook.com/stocks/LPBB/) | $14.4M | 1,345,494 | 0.2% | 7 |
| PAYONEER GLOBAL INC | [PAYO](https://holderbook.com/stocks/PAYO/) | $14.4M | 2,025,659 | 0.2% | 1 |
| MOUNTAIN LAKE ACQUISIT CORP | [MLAA](https://holderbook.com/stocks/MLAA/) | $14.4M | 1,449,082 | 0.2% | 1 |
| IDEA ACQUISITION CORP | [IACOW](https://holderbook.com/stocks/IACOW/) | $14.3M | 1,447,895 | 0.2% | 1 |
| OAKTREE ACQUISITION CORP III | [OACC](https://holderbook.com/stocks/OACC/) | $14.2M | 1,324,175 | 0.2% | 7 |
| FIFTH ERA ACQUISITION CORP I | [FERA](https://holderbook.com/stocks/FERA/) | $14.1M | 1,353,272 | 0.2% | 5 |
| KOCHAV DEFENSE ACQUI CO | [KCHV](https://holderbook.com/stocks/KCHV/) | $13.9M | 1,337,525 | 0.2% | 4 |
| FACT II ACQUISITION CORP | [FACT](https://holderbook.com/stocks/FACT/) | $13.6M | 1,281,595 | 0.2% | 7 |
| SIDDHI ACQUISITION CORP | [SDHI](https://holderbook.com/stocks/SDHI/) | $13.1M | 1,261,338 | 0.2% | 5 |
| XSOLLA SPAC 1 | [XSLL](https://holderbook.com/stocks/XSLL/) | $13.0M | 1,311,956 | 0.2% | 1 |
| CARTESIAN GROWTH CORP IV | [CGCFU](https://holderbook.com/stocks/CGCFU/) | $13.0M | 1,296,720 | 0.2% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +2.7% | +14.8% | -12.1% | 71% |
| Q1 2026 | -0.1% | -4.6% | +4.6% | 61% |
| Q2 2024 | -2.2% | +4.0% | -6.2% | 61% |
| Q2 2023 | +0.2% | +8.3% | -8.1% | 64% |
| Q4 2022 | +0.7% | +7.1% | -6.3% | 61% |
| Q3 2022 | -0.4% | -5.3% | +4.9% | 68% |
| Q2 2022 | -2.3% | -16.5% | +14.2% | 65% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $7.0B | 634 |
| Q1 2026 | $6.1B | 556 |
| Q4 2025 | $4.8B | 497 |
| Q3 2025 | $3.9B | 448 |
| Q2 2025 | $4.4B | 390 |
| Q1 2025 | $4.2B | 403 |
| Q4 2024 | $4.6B | 462 |
| Q3 2024 | $4.6B | 534 |
| Q2 2024 | $3.9B | 567 |
| Q1 2024 | $2.9B | 602 |
| Q4 2023 | $2.5B | 690 |
| Q3 2023 | $2.2B | 785 |