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Aqr Capital Management

SEC-registered adviser since 1998Greenwich, CTCRD 111883

$311.7B
AUM
717
Clients
See fees
Fee
276
Advisory staff

From Form ADV filed 27 August 2026 · data retrieved 15 October 2026SEC record

Aqr Capital Management is an investment adviser headquartered in Greenwich, Connecticut, and registered with the SEC since 1998. Its clients include pooled investment vehicles, other investment advisers and investment companies. High-net-worth individuals account for 3% of its regulatory assets under management.

Its services include portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, and portfolio management for institutions. Fee arrangements include a percentage of assets under management, performance-based fees and other arrangements. Aqr Capital Management Holdings, LLC owns 75% or more of Aqr Capital Management.

Clients

Aqr Capital Management serves 717 clients, 97 of them high-net-worth individuals. The average client has about $435 million with the firm, and high-net-worth clients hold 3% of its $311.7 billion in assets.

Regulatory assets by client type
  • High-net-worth individuals97 clients3%
  • Investment companies39 clients10%
  • Pooled investment vehicles240 clients50%
  • Pension and profit-sharing plans16 clients3%
  • State or municipal government entities17 clients4%
  • OtherOther investment advisers, Sovereign wealth funds and foreign official institutions, Charitable organizations, Insurance companies30%
Show client breakdown
High-net-worth individuals
Clients
97
Regulatory AUM
$9,116,595,425
Share
2.9%
Avg. per client
$94.0M
Investment companies
Clients
39
Regulatory AUM
$32,261,877,738
Share
10.4%
Avg. per client
$827.2M
Pooled investment vehicles
Clients
240
Regulatory AUM
$154,626,822,082
Share
49.6%
Avg. per client
$644.3M
Pension and profit-sharing plans
Clients
16
Regulatory AUM
$9,297,225,292
Share
3.0%
Avg. per client
$581.1M
Charitable organizations
Clients
Not reported
Regulatory AUM
$101,342,126
Share
0.0%
Avg. per client
—
State or municipal government entities
Clients
17
Regulatory AUM
$13,881,565,061
Share
4.5%
Avg. per client
$816.6M
Other investment advisers
Clients
297
Regulatory AUM
$78,897,220,806
Share
25.3%
Avg. per client
$265.6M
Insurance companies
Clients
Not reported
Regulatory AUM
$210,547,949
Share
0.1%
Avg. per client
—
Sovereign wealth funds and foreign official institutions
Clients
11
Regulatory AUM
$13,310,068,291
Share
4.3%
Avg. per client
$1.21B

Total

Clients
717
Regulatory AUM
$311,703,264,770
Share
100%
Avg. per client
$434.7M

What it does

Aqr Capital Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions and other activities. It is paid through a percentage of assets, performance-based fees and other arrangements.

Aqr Capital Management provided financial planning to 0 clients last fiscal year and advises 304 private funds.

100.0% of assets ($311.70B across 723 accounts) are managed with discretion. 17% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.

What the accounts hold

Separately managed account assets by class, year end
  • Stocks82%
  • Funds7%
  • Cash5%
  • Other6%
    • Derivatives6%

Custodians

Aqr Capital Management’s client accounts are held mainly at Fidelity, with 22% of managed assets. Aqr Capital Management has custody of client assets.

Managed account assets by custodian
  • FidelityFidelity Brokerage Services LLC · Smithfield, RI · $67.76B22%
  • All other custodians$243.94B78%

Ownership and leadership

Aqr Capital Management Holdings, LLC owns 75% or more of Aqr Capital Management.

Who owns the firm
Aqr Capital Management, LLC· the adviser

  • Aqr Capital Management Holdings, LLC

    since November 2004

    Owns 75% or more of Aqr Capital Management, LLC

Leadership

  • Clifford Asness
    President, Founding and Managing Principal
  • Patrick Ryan
    Chief Financial Officer
  • Bradley Asness
    Co-Chief Operating Officer
  • John Howard
    Co-Chief Operating Officer
  • Herbert Willcox
    Chief Compliance Officer
  • David Kabiller
    Founding Principal
  • John Liew
    Founding Principal

Staff

  • 728 employees
  • 276 in advisory functions
  • 102 broker-dealer reps

Reported holdings

Aqr Capital Management’s reported 13F holdings total $286.85B across 3,900 positions, and the ten largest make up 12.2% of it.

$286.85B
Reported 13F value
3,900
Positions
12.2%
In the 10 largest
+31.4%
Value vs. prior quarter
Ten largest positions, share of reported value
  1. Nvidia Corporation2.6%
  2. Apple Inc.1.7%
  3. Micron Technology Inc.1.5%
  4. Microsoft Corp.1.5%
  5. Amazon Com Inc.1.0%
  6. Broadcom Inc.0.9%
  7. Alphabet Inc. · Cap Stk CL C0.8%
  8. Alphabet Inc. · Cap Stk CL A0.7%
  9. Comfort Sys USA Inc.0.7%
  10. Western Digital Corp.0.7%

Together, the ten largest are 12.2% of reported value.

The 50 largest positions and quarterly changesQuarter ended 30 June 2026 · filed 14 August 2026

A 13F covers only exchange-traded long positions the firm holds with discretion, so this $286.85B is not its $311.70B in regulatory assets and does not represent any individual client's portfolio.

Fees

Aqr Capital Management is paid through a percentage of assets under management, performance-based fees and other.

Aqr Capital Management’s fee rates are not included in this profile. Find its brochure on the SEC’s site.

Offices and registrations

Besides its headquarters, Aqr Capital Management has 0 offices, with 1 listed address in 1 state.

Listed office addresses by state

Connecticut · 1 listed address

  • One Greenwich Plaza, Suite 130, 3rd Floor, GreenwichHQ

Registration details

Legal name
Aqr Capital Management, LLC
Headquarters
One Greenwich Plaza, Suite 130, 3rd Floor, Greenwich, CT 06830
Phone
203-742-3600
Website
Not reported
SEC file
801-55543
Structure
Delaware LLC
Fiscal year end
December

This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov

Common questions

How many clients does Aqr Capital Management have?

Aqr Capital Management has 717 clients and manages $311.7 billion for them, as of August 2026. They include 297 other investment advisers, 240 pooled investment vehicles and 97 high-net-worth individuals.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 27 August 2026

What services does Aqr Capital Management offer?

Aqr Capital Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions and other activities.

Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file

Which custodians does Aqr Capital Management use?

Aqr Capital Management’s separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $67,758,595,230. Only custodians holding at least a tenth of those assets are named.

Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 August 2026

How many financial advisors does Aqr Capital Management have?

Aqr Capital Management has 0 investment adviser representatives registered with state securities authorities, out of 728 employees, and 276 perform investment advisory functions. 102 are registered representatives of a broker-dealer and 0 are licensed insurance agents.

Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file

What does Aqr Capital Management invest in?

At the end of its last fiscal year, Aqr Capital Management’s separately managed accounts held 82% exchange-traded equities, 7% registered funds (mutual funds, ETFs, BDCs), 6% derivatives and 5% cash and equivalents. It advises 304 private funds.

Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file

Who owns Aqr Capital Management?

Aqr Capital Management is owned through a chain of holding companies by Affiliated Managers Group, Inc. and Clifford Asness. Its direct owner is Aqr Capital Management Holdings, LLC (75% or more).

Source: Form ADV Part 1A, Schedules A and B, filed 27 August 2026

How does Aqr Capital Management get paid?

Aqr Capital Management is paid through a percentage of assets under management, performance-based fees and other arrangements. Its Form ADV lists no commissions among how it is paid.

Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file

Sources

  1. Form ADV Part 1A, amendment filed 27 August 2026. Items 1, 5, 9, 11 and Schedules A, B and D.
  2. IAPD firm record, CRD 111883.
  3. Form 13F-HR, filed 14 August 2026 for the quarter ended 30 June 2026.

Retrieved 15 October 2026. All are published by the SEC and may have been amended since.

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This profile is compiled from public regulatory filings and is provided for informational purposes only. Niva Wealth is not affiliated with Aqr Capital Management, LLC and makes no representation about the quality of its services. Figures reflect the filing dates shown and may have changed. Ownership percentages are the bands reported to the SEC, not exact figures.