uploads///AQR Capital_Top Holdings

AQR Capital Trades Key Positions in its 4Q14 Portfolio


Apr. 15 2015, Published 12:33 p.m. ET

About AQR Capital Management

In 1998, former Goldman Sachs portfolio manager Clifford Asness founded AQR Capital Management with his colleagues David Kabiller, Robert Krail, and John Liew. AQR Capital’s headquarters are in Greenwich, Connecticut.

The size of the fund’s portfolio was $48.2 billion in 4Q14, up from $36.4 billion in 3Q14.

Apple (AAPL) and Johnson & Johnson (JNJ) were the top holdings in AQR Capital’s 4Q14 portfolio, as shown in the table above.

Article continues below advertisement

Major position changes

During the fourth quarter of 2014, AQR Capital Management initiated stakes in LyondellBasell Industries (LYB), TE Connectivity (TEL), Delphi Automotive (DLPH), and Flextronics International (FLEX). The fund also started a position in SPDR S&P 500 ETF Trust (SPY) and dropped its holdings in Shire (SHPG).

AQR increased its positions in Apple, Johnson & Johnson, Gilead Sciences (GILD), Microsoft (MSFT), Pfizer (PFE), and Merck (MRK). The fund decreased its stakes in Halliburton (HAL), EOG Resources (EOG), Facebook (FB), Phillips 66 (PSX), Schlumberger (SLB), and the Priceline Group (PCLN).

In the next part of this series, we will dicuss AQR Capital’s new position in LyondellBasell Industries.


More From Market Realist