AQR Capital Management 13F, Q4 2025
Cliff Asness · quarter ending 31 December 2025 · filed 17 February 2026 · SEC CIK 1167557
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q4 2025
The 25 largest of 3,562 positions. Weights are against the whole filed book. Changes are in shares held, against the Q3 2025 filing.
| Company | Ticker | Value | % of book | vs Q3 2025 |
|---|---|---|---|---|
| NVIDIA CORPORATION | NVDA | $4.89B | 2.6% | +18% shares |
| APPLE INC | AAPL | $3.40B | 1.8% | +16% shares |
| MICROSOFT CORP | MSFT | $3.03B | 1.6% | unchanged |
| AMAZON COM INC | AMZN | $2.06B | 1.1% | +27% shares |
| BROADCOM INC | AVGO | $1.55B | 0.8% | +5% shares |
| ALPHABET INC | GOOG | $1.43B | 0.8% | +16% shares |
| ALPHABET INC | GOOGL | $1.41B | 0.7% | +9% shares |
| BRISTOL-MYERS SQUIBB CO | BMY | $1.39B | 0.7% | +173% shares |
| META PLATFORMS INC | META | $1.38B | 0.7% | +21% shares |
| WALMART INC | WMT | $1.38B | 0.7% | +6% shares |
| CHUBB LIMITED | $1.32B | 0.7% | +52% shares | |
| CENTENE CORP DEL | CNC | $1.31B | 0.7% | +117% shares |
| ATLASSIAN CORPORATION | TEAM | $1.26B | 0.7% | +291% shares |
| PG&E CORP | PCG | $1.20B | 0.6% | +61% shares |
| MERCK & CO INC | MRK | $1.18B | 0.6% | +6% shares |
| EDISON INTL | EIX | $1.10B | 0.6% | +70% shares |
| ZOOM COMMUNICATIONS INC | ZM | $1.05B | 0.6% | +44% shares |
| MICRON TECHNOLOGY INC | MU | $1.01B | 0.5% | -3% shares |
| VERISIGN INC | VRSN | $976.70M | 0.5% | +14% shares |
| ARISTA NETWORKS INC | ANET | $962.64M | 0.5% | +17% shares |
| TESLA INC | TSLA | $956.88M | 0.5% | +10% shares |
| EXPEDIA GROUP INC | EXPE | $954.55M | 0.5% | -8% shares |
| BOOKING HOLDINGS INC | BKNG | $953.13M | 0.5% | +23% shares |
| COMFORT SYS USA INC | FIX | $951.88M | 0.5% | +22% shares |
| PEPSICO INC | PEP | $945.12M | 0.5% | +11% shares |
What changed since Q3 2025
Against the Q3 2025 filing, AQR Capital Management opened 223 new positions, added to 1,987, trimmed 1,043, left 309 unchanged and exited 117. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
- CLS$315.50M
- TOTALENERGIES SE$219.15M
- TFII$70.17M
- Q$21.83M
- UL$11.70M
- SOLS$8.92M
- CUSHMAN AND WAKEFIELD LTD$8.40M
- EMA$6.73M
and 215 more
Exited
- LNWOwas $70.72M
- KELLANOVAwas $36.59M
- ALLETE INCwas $35.99M
- INTERPUBLIC GROUP COS INCwas $10.95M
- VERITEX HLDGS INCwas $10.60M
- PREMIER INCwas $9.93M
- PROS HOLDINGS INCwas $9.39M
- VERINT SYS INCwas $8.12M
and 109 more
Other quarters
Source: SEC Form 13F-HR, accession 0001085146-26-000240, 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.