Style
ValueTurnover
Orientation
Concentrated traderAQR Capital Management employs a systematic, quant-driven value style with low turnover, signaling a disciplined, model-based approach rather than discretionary stock-picking. The portfolio is highly diversified across over 20,000 positions, yet the top 15 holdings account for just 14.0% of assets, with the largest single position in NVIDIA at 2.5%, reflecting a deliberate avoidance of excessive concentration. Sector allocation leans heavily toward Technology (21.1%) and Industrials (13.1%), while Healthcare (10.6%) and Consumer Cyclical (11.1%) also receive meaningful weight, indicating a broad factor exposure. The firm’s conviction is expressed through consistent scaling of assets under management—from $77.6B in Q4 2024 to $218.4B in Q1 2026—demonstrating strong net inflows and a confident adherence to its quantitative value framework across market cycles.
| # | Security | Shares | Value | % of Portfolio |
|---|---|---|---|---|
| 1 | Nvidia Corporation(NVDA) | 37,823,393 | $7.5B | 2.61% |
| 2 | Apple Inc(AAPL) | 17,560,970 | $5.0B | 1.75% |
| 3 | Micron Technology Inc(MU) | 3,833,728 | $4.4B | 1.54% |
| 4 | Microsoft Corp(MSFT) | 11,473,057 | $4.3B | 1.49% |
Latest filing, equity positions only
| 5 |
| Amazon COM Inc(AMZN) |
| 11,924,360 |
| $2.8B |
| 0.99% |
| 6 | Broadcom Inc(AVGO) | 6,683,693 | $2.5B | 0.88% |
| 7 | Alphabet Inc(GOOG) | 6,347,769 | $2.2B | 0.78% |
| 8 | Alphabet Inc(GOOGL) | 5,991,568 | $2.1B | 0.73% |
| 9 | Comfort SYS USA Inc(FIX) | 1,059,017 | $2.1B | 0.73% |
| 10 | Western Digital Corp(WDC) | 2,940,948 | $1.9B | 0.65% |
Quarter-over-quarter weight changes
| Sector | Prev % | Curr % | Change |
|---|---|---|---|
| Technology | 21.28% | 24.33% | +3.05% |
| Consumer Cyclical | 11.16% | 10.06% | -1.1% |
| Consumer Defensive | 5.34% | 4.29% | -1.05% |
| Healthcare | 10.71% | 9.8% | -0.91% |
| Real Estate | 2.21% | 3% | +0.79% |
| Basic Materials | 3.24% | 2.56% | -0.68% |
| Communication Services | 4.85% | 4.4% | -0.45% |
| Energy | 3.75% | 3.54% | -0.21% |
| Utilities | 2.95% | 3.14% | +0.19% |
| Industrials | 13.17% | 13.31% | +0.14% |
| Unclassified | 8.2% | 8.34% | +0.14% |
| Financial Services | 13.14% | 13.25% | +0.11% |
Quarter-over-quarter weight changes by market cap
| Cap Size | Prev % | Curr % | Change |
|---|---|---|---|
| Large Cap | 55.19% | 52.1% | -3.09% |
| Mega Cap | 19.57% | 21.35% | +1.78% |
| Mid Cap | 14.69% | 15.42% | +0.73% |
| Unclassified | 8.2% | 8.34% | +0.14% |
| Small Cap | 2.2% | 2.57% | +0.37% |
| Micro Cap | 0.14% | 0.22% | +0.08% |
Quarter-over-quarter position changes