AQR Capital Management 13F, Q2 2025
Cliff Asness · quarter ending 30 June 2025 · filed 14 August 2025 · SEC CIK 1167557
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q2 2025
The 25 largest of 3,292 positions. Weights are against the whole filed book. Changes are in shares held, against the Q1 2025 filing.
| Company | Ticker | Value | % of book | vs Q1 2025 |
|---|---|---|---|---|
| NVIDIA CORPORATION | NVDA | $3.07B | 2.5% | +2% shares |
| MICROSOFT CORP | MSFT | $2.27B | 1.9% | unchanged |
| APPLE INC | AAPL | $2.05B | 1.7% | unchanged |
| AMAZON COM INC | AMZN | $1.22B | 1.0% | -7% shares |
| BROADCOM INC | AVGO | $1.06B | 0.9% | +13% shares |
| META PLATFORMS INC | META | $1.04B | 0.9% | -15% shares |
| ROBLOX CORP | RBLX | $948.22M | 0.8% | +3% shares |
| VERISIGN INC | VRSN | $894.41M | 0.7% | +33% shares |
| ARISTA NETWORKS INC | ANET | $892.92M | 0.7% | +13% shares |
| SNOWFLAKE INC | SNOW | $802.02M | 0.7% | +13% shares |
| GE AEROSPACE | GE | $791.06M | 0.7% | -16% shares |
| BOOKING HOLDINGS INC | BKNG | $779.23M | 0.6% | -12% shares |
| JOHNSON & JOHNSON | JNJ | $728.72M | 0.6% | -9% shares |
| MERCK & CO INC | MRK | $690.15M | 0.6% | +13% shares |
| GENERAL MTRS CO | GM | $664.52M | 0.6% | unchanged |
| CME GROUP INC | CME | $655.27M | 0.5% | -14% shares |
| ADOBE INC | ADBE | $644.95M | 0.5% | +2% shares |
| DOORDASH INC | DASH | $643.08M | 0.5% | +44% shares |
| FORTINET INC | FTNT | $634.30M | 0.5% | unchanged |
| PNC FINL SVCS GROUP INC | PNC | $622.45M | 0.5% | +135% shares |
| MCKESSON CORP | MCK | $620.81M | 0.5% | -10% shares |
| PHILIP MORRIS INTL INC | PM | $612.68M | 0.5% | +13% shares |
| COSTCO WHSL CORP NEW | COST | $596.46M | 0.5% | +37% shares |
| INCYTE CORP | INCY | $558.52M | 0.5% | +22% shares |
| ALPHABET INC | GOOG | $551.40M | 0.5% | -6% shares |
What changed since Q1 2025
Against the Q1 2025 filing, AQR Capital Management opened 293 new positions, added to 1,783, trimmed 1,067, left 149 unchanged and exited 151. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
and 285 more
Exited
- DISCOVER FINL SVCSwas $36.26M
- INTRA-CELLULAR THERAPIES INCwas $35.13M
- BERRY GLOBAL GROUP INCwas $17.93M
- PAYCOR HCM INCwas $11.37M
- VLRSwas $6.68M
- UNITED STATES STL CORP NEWwas $4.99M
- SOLARWINDS CORPwas $3.66M
- SANDY SPRING BANCORP INCwas $3.64M
and 143 more
Other quarters
Source: SEC Form 13F-HR, accession 0001085146-25-005295, 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.