AQR Capital Management 13F, Q1 2025
Cliff Asness · quarter ending 31 March 2025 · filed 15 May 2025 · SEC CIK 1167557
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q1 2025
The 25 largest of 3,150 positions. Weights are against the whole filed book. Changes are in shares held, against the Q4 2024 filing.
| Company | Ticker | Value | % of book | vs Q4 2024 |
|---|---|---|---|---|
| APPLE INC | AAPL | $2.23B | 2.3% | unchanged |
| NVIDIA CORPORATION | NVDA | $2.01B | 2.1% | +18% shares |
| MICROSOFT CORP | MSFT | $1.68B | 1.7% | +8% shares |
| AMAZON COM INC | AMZN | $1.11B | 1.1% | +11% shares |
| META PLATFORMS INC | META | $927.07M | 1.0% | unchanged |
| JOHNSON & JOHNSON | JNJ | $873.27M | 0.9% | +52% shares |
| CME GROUP INC | CME | $735.54M | 0.8% | +10% shares |
| GE AEROSPACE | GE | $724.81M | 0.8% | unchanged |
| BOOKING HOLDINGS INC | BKNG | $695.26M | 0.7% | +79% shares |
| MERCK & CO INC | MRK | $691.07M | 0.7% | +44% shares |
| CENTENE CORP DEL | CNC | $669.82M | 0.7% | +43% shares |
| MCKESSON CORP | MCK | $642.51M | 0.7% | +4% shares |
| GENERAL MTRS CO | GM | $629.20M | 0.7% | +147% shares |
| ADOBE INC | ADBE | $616.35M | 0.6% | +117% shares |
| VERISIGN INC | VRSN | $586.42M | 0.6% | +76% shares |
| ARISTA NETWORKS INC | ANET | $584.12M | 0.6% | +154% shares |
| FORTINET INC | FTNT | $561.16M | 0.6% | +41% shares |
| BROADCOM INC | AVGO | $556.36M | 0.6% | +20% shares |
| BERKSHIRE HATHAWAY INC DEL | BRK/B | $548.51M | 0.6% | +28% shares |
| COMCAST CORP NEW | CMCSA | $538.20M | 0.6% | +19% shares |
| ZOOM COMMUNICATIONS INC | ZM | $536.51M | 0.6% | unchanged |
| AT&T INC | T | $528.69M | 0.5% | +5% shares |
| ALPHABET INC | GOOG | $516.14M | 0.5% | +13% shares |
| ROBLOX CORP | RBLX | $504.39M | 0.5% | +217% shares |
| AIRBNB INC | ABNB | $500.76M | 0.5% | +81% shares |
What changed since Q4 2024
Against the Q4 2024 filing, AQR Capital Management opened 378 new positions, added to 1,764, trimmed 843, left 165 unchanged and exited 89. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
and 370 more
Exited
- SMARTSHEET INCwas $173.12M
- CELLEBRITE DI LTDwas $16.20M
- KORNIT DIGITAL LTDwas $14.77M
- VIKING HOLDINGS LTDwas $14.75M
- RHwas $8.66M
- QIAGEN NVwas $4.69M
- HEARTLAND FINL USA INCwas $4.69M
- HASHICORP INCwas $4.37M
and 81 more
Added to
- NVDA+18%$2.01B
- MSFT+8%$1.68B
- AMZN+11%$1.11B
- JNJ+52%$873.27M
- CME+10%$735.54M
- BKNG+79%$695.26M
- MRK+44%$691.07M
- CNC+43%$669.82M
and 1,756 more
Trimmed
- LLY-12%$456.15M
- COR-3%$396.55M
- WMT-19%$371.68M
- MMM-3%$349.13M
- PGR-33%$341.25M
- MO-6%$328.88M
- UTHR-7%$273.31M
- KR-14%$269.94M
and 835 more
Other quarters
Source: SEC Form 13F-HR, accession 0001085146-25-003311, filed by AQR CAPITAL MANAGEMENT LLC. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.