AQR Large Cap Defensive Style Fund
Fund
AUEIX
Price as of:
$18.89
+ $0.12
+ 0.64%
Primary Theme
fund company
Name
As of 06/01/2026Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
7.0%
1 yr return
8.3%
3 Yr Avg Return
11.8%
5 Yr Avg Return
6.9%
Net Assets
$1.31 B
Holdings in Top 10
16.1%
52 WEEK LOW AND HIGH
$18.8
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.59%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 17.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$5,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 06/01/2026Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
AUEIX - Profile
Distributions
- YTD Total Return 7.0%
- 3 Yr Annualized Total Return 11.8%
- 5 Yr Annualized Total Return 6.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.13%
- Dividend Yield 1.8%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameAQR Large Cap Defensive Style Fund
-
Fund Family NameAQR Funds
-
Inception DateJul 09, 2012
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrea Frazzini
Fund Description
span style="color:#000000;font-family:Arial;font-size:10pt;"The Fund pursues a “defensive” investment style, seeking to provide downside protection with upside potential through active stock selection, risk management and diversification./spanspan style="color:#000000;font-family:Arial;font-size:10pt;"The Fund pursues its objective by investing, under normal market conditions, at least 80% of its net assets (including any borrowings for investment purposes) in Equity Instruments of large-cap companies. Equity Instruments include common stock, preferred stock, warrants, exchange-traded funds that invest in equity securities, equity swaps, equity index swaps, stock index futures, real estate investment trusts ("REITs") or REIT-like entities and other derivative instruments where the reference asset is an equity security. As of the date of this prospectus, the /spanspan style="color:#000000;font-family:Arial;font-size:10pt;font-style:italic;"Adviser/spanspan style="color:#000000;font-family:Arial;font-size:10pt;" generally considers large-cap companies to be those companies with market capitalizations within the range of the /spanspan style="color:#000000;font-family:Arial;font-size:10pt;font-style:italic;"Russell 1000/spanspan style="color:#000000;font-family:Arial;font-size:6.5pt;font-style:italic;position:relative;top:-4.25pt;"® /spanspan style="color:#000000;font-family:Arial;font-size:10pt;font-style:italic;"Total Return Index/spanspan style="color:#000000;font-family:Arial;font-size:10pt;" at the time of purchase. The Fund can invest in companies of any size and may invest in small- and mid-cap companies from time to time in the discretion of the /spanspan style="color:#000000;font-family:Arial;font-size:10pt;font-style:italic;"Adviser/spanspan style="color:#000000;font-family:Arial;font-size:10pt;". There is no guarantee that the Fund’s objective will be met./spanspan style="color:#000000;font-family:Arial;font-size:10pt;"The Fund’s portfolio will be managed by both overweighting and underweighting securities, industries, and sectors relative to the /spanspan style="color:#000000;font-family:Arial;font-size:10pt;font-style:italic;"Russell 1000/spanspan style="color:#000000;font-family:Arial;font-size:6.5pt;font-style:italic;position:relative;top:-4.25pt;"®/spanspan style="color:#000000;font-family:Arial;font-size:10pt;font-style:italic;" Total Return Index. /spanspan style="color:#000000;font-family:Arial;font-size:10pt;"The Fund will take both long and short positions in the equity securities in which it invests, as opposed to a traditional “long-only” portfolio which does not establish short positions. Selling securities short allows the Fund to reflect to a greater extent, compared to a long-only approach, the /spanspan style="color:#000000;font-family:Arial;font-size:10pt;font-style:italic;"Adviser’s /spanspan style="color:#000000;font-family:Arial;font-size:10pt;"views on securities it expects to underperform. Selling securities short also allows the Fund to establish additional long positions using the short sale proceeds, and thereby take greater advantage, compared to a long-only approach, of the /spanspan style="color:#000000;font-family:Arial;font-size:10pt;font-style:italic;"Adviser’s /spanspan style="color:#000000;font-family:Arial;font-size:10pt;"views on securities it expects to outperform. Through the reinvestment of the short sale proceeds, the Fund generally intends to target a long exposure of more than 100% of the Fund’s net assets with a short exposure that is determined such that the net exposure (long exposure minus short exposure) of the Fund’s net assets is approximately 100%. Actual long and short exposures will vary according to market conditions. The Fund’s long exposures are expected to range between 100% and 140% of the Fund’s net assets. The Fund’s short exposures are expected to range between 0% and 40% of the Fund’s net assets./spanspan style="color:#000000;font-family:Arial;font-size:10pt;"The Fund, when taking a long equity position, will purchase a security that will benefit from an increase in the price of that security. When taking a short equity position, the Fund borrows the security from a third party and sells it at the then current market price. A short equity position will benefit from a decrease in price of the security and will lose value if the price of the security increases. When the /spanspan style="color:#000000;font-family:Arial;font-size:10pt;font-style:italic;"Adviser/spanspan style="color:#000000;font-family:Arial;font-size:10pt;" determines that market conditions are unfavorable, the Fund may reduce its long market exposure. Similarly, when the /spanspan style="color:#000000;font-family:Arial;font-size:10pt;font-style:italic;"Adviser/spanspan style="color:#000000;font-family:Arial;font-size:10pt;" determines that market conditions are favorable, the Fund may increase its long market exposure./spanspan style="color:#000000;font-family:Arial;font-size:10pt;"The Fund pursues a defensive investment style, meaning it seeks to participate in rising equity markets while mitigating downside risk in declining markets. In other words, the Fund is generally expected to lag the performance of traditional U.S. equity funds when equity markets are rising, but to generally exceed the performance of traditional U.S. equity funds during equity market declines. To achieve this result, the Fund will be broadly diversified across companies and industries and will invest in stocks and industries such that the /spanspan style="color:#000000;font-family:Arial;font-size:10pt;font-style:italic;"Adviser/spanspan style="color:#000000;font-family:Arial;font-size:10pt;" believes will result in a portfolio that exhibits low measures of risk and high quality (/spanspan style="color:#000000;font-family:Arial;font-size:10pt;font-style:italic;"e.g./spanspan style="color:#000000;font-family:Arial;font-size:10pt;", stable companies with good business health). The /spanspan style="color:#000000;font-family:Arial;font-size:10pt;font-style:italic;"Adviser/spanspan style="color:#000000;font-family:Arial;font-size:10pt;" believes that emphasizing lower risk may result in a portfolio with lower “beta” to markets than an approach that emphasizes higher risk. Thus, the /spanspan style="color:#000000;font-family:Arial;font-size:10pt;font-style:italic;"Adviser/spanspan style="color:#000000;font-family:Arial;font-size:10pt;" focuses on investments in companies that are expected to reduce the portfolio’s sensitivity to security market fluctuations and that are anticipated to result in the overall performance of the portfolio to generally exhibit a “beta” that is lower than that of the U.S. equity markets over time. The /spanspan style="color:#000000;font-family:Arial;font-size:10pt;font-style:italic;"Adviser/spanspan style="color:#000000;font-family:Arial;font-size:10pt;" expects that the emphasis toward a portfolio with low “beta” and high-quality characteristics may produce higher risk-adjusted returns over a full market cycle than an approach which emphasizes high “beta” or poor quality. The /spanspan style="color:#000000;font-family:Arial;font-size:10pt;font-style:italic;"Adviser/spanspan style="color:#000000;font-family:Arial;font-size:10pt;" will tactically manage the Fund’s “beta” exposure through the use of Equity Instruments. The /spanspan style="color:#000000;font-family:Arial;font-size:10pt;font-style:italic;"Adviser/spanspan style="color:#000000;font-family:Arial;font-size:10pt;" expects that the Fund’s targeted annualized /spanspan style="color:#000000;font-family:Arial;font-size:10pt;font-style:italic;"tracking error/spanspan style="color:#000000;font-family:Arial;font-size:10pt;", when taking into consideration the Fund’s portfolio “beta” relative to the U.S. equity market, will typically range between 2% - 6% over the long term./spanspan style="color:#000000;font-family:Arial;font-size:10pt;"In constructing the portfolio, the /spanspan style="color:#000000;font-family:Arial;font-size:10pt;font-style:italic;"Adviser/spanspan style="color:#000000;font-family:Arial;font-size:10pt;" uses quantitative models that combine statistical measures of risk with active management focused on improving the portfolio’s quality characteristics, as well as additional criteria that form the /spanspan style="color:#000000;font-family:Arial;font-size:10pt;font-style:italic;"Adviser’s/spanspan style="color:#000000;font-family:Arial;font-size:10pt;" security selection process, while also diversifying by issuer and industry. The /spanspan style="color:#000000;font-family:Arial;font-size:10pt;font-style:italic;"Adviser/spanspan style="color:#000000;font-family:Arial;font-size:10pt;" uses /spanspan style="color:#000000;font-family:Arial;font-size:10pt;font-style:italic;"volatility/spanspan style="color:#000000;font-family:Arial;font-size:10pt;" and correlation forecasting and other portfolio construction methodologies to manage the Fund. The /spanspan style="color:#000000;font-family:Arial;font-size:10pt;font-style:italic;"Adviser/spanspan style="color:#000000;font-family:Arial;font-size:10pt;" utilizes quantitative risk models in furtherance of the Fund’s investment objective, which seek to control portfolio level risk. Shifts in allocations among issuers and industries will be determined using the quantitative models based on the /spanspan style="color:#000000;font-family:Arial;font-size:10pt;font-style:italic;"Adviser’s /spanspan style="color:#000000;font-family:Arial;font-size:10pt;"determinations of risk and quality, as well as other factors including, but not limited to, managing industry and sector /spanspan style="color:#000000;font-family:Arial;font-size:10pt;"exposures. The Fund bears the risk that the quantitative models used by the portfolio managers will not be successful in forecasting market returns or in determining the weighting of investment positions that will enable the Fund to achieve its investment objective. /spanspan style="color:#000000;font-family:Arial;font-size:10pt;"When selecting securities for the portfolio, the /spanspan style="color:#000000;font-family:Arial;font-size:10pt;font-style:italic;"Adviser/spanspan style="color:#000000;font-family:Arial;font-size:10pt;" will consider the potential impact of federal income taxes on shareholders’ after-tax investment return. These tax aware strategies are generally designed to both (i) reduce the Fund’s overall realization of capital gains, and (ii) minimize the Fund’s realized short-term capital gains as a percentage of the Fund’s total realized capital gains (both long-term and short term), as compared to funds that do not take tax consequences into account. Investors should not expect that there will be no capital gain distributions or that the Fund’s short-term capital gains distributions will necessarily be less than its long-term capital gains distributions, however, as the Fund will balance investment considerations with tax consequences in making investment decisions and the Fund may not employ these tax aware strategies at all times. The techniques that may be used to attempt to reduce the impact of federal income tax on shareholders’ investment returns include:/spanspan style="color:#000000;font-family:Arial;font-size:10pt;"•/spanspan style="color:#000000;font-family:Arial;font-size:10pt;"deferring realizations of net capital gains;/spanspan style="color:#000000;font-family:Arial;font-size:10pt;"•/spanspan style="color:#000000;font-family:Arial;font-size:10pt;"limiting portfolio turnover that may result in taxable gains; /spanspan style="color:#000000;font-family:Arial;font-size:10pt;"•/spanspan style="color:#000000;font-family:Arial;font-size:10pt;"when believed by the /spanspan style="color:#000000;font-family:Arial;font-size:10pt;font-style:italic;"Adviser /spanspan style="color:#000000;font-family:Arial;font-size:10pt;"to be appropriate, selling stocks to realize losses, with the specific purpose of offsetting gains; and/spanspan style="color:#000000;font-family:Arial;font-size:10pt;"•/spanspan style="color:#000000;font-family:Arial;font-size:10pt;"choosing a tax accounting method that reduces tax liability: for example, using the highest-in, first-out (HIFO) method which sells tax lots of securities that have a higher tax basis before selling tax lots of securities that have a lower tax basis./spanspan style="color:#000000;font-family:Arial;font-size:10pt;"The Fund invests significantly in common stocks. The Fund may also invest in or use financial futures contracts as well as exchange-traded funds and similar pooled investment vehicles, for hedging purposes, to gain exposure to the equity markets and to maintain liquidity to pay for redemptions. The Fund may invest in short-term instruments, including U.S. Government securities, bank certificates of deposit, money market instruments or funds, and such other liquid investments deemed appropriate by the /spanspan style="color:#000000;font-family:Arial;font-size:10pt;font-style:italic;"Adviser/spanspan style="color:#000000;font-family:Arial;font-size:10pt;". The Fund may invest in these securities without limit for temporary defensive purposes./spanspan style="color:#000000;font-family:Arial;font-size:10pt;"There is no assurance that the Fund’s use of Equity Instruments providing enhanced exposure will enable the Fund to achieve its investment objective. /spanspan style="color:#000000;font-family:Arial;font-size:10pt;"The /spanspan style="color:#000000;font-family:Arial;font-size:10pt;font-style:italic;"Adviser/spanspan style="color:#000000;font-family:Arial;font-size:10pt;" utilizes portfolio optimization techniques to determine trading activity, taking into account both anticipated transaction costs and potential tax consequences associated with trading each Equity Instrument./span
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AUEIX - Performance
Return Ranking - Trailing
| Period | AUEIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 7.0% | -13.2% | 43.7% | 79.03% |
| 1 Yr | 8.3% | -15.7% | 101.9% | 95.86% |
| 3 Yr | 11.8%* | 1.1% | 41.0% | 94.00% |
| 5 Yr | 6.9%* | -3.9% | 19.6% | 93.71% |
| 10 Yr | 11.0%* | 5.8% | 55.9% | 89.04% |
* Annualized
Return Ranking - Calendar
| Period | AUEIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | -12.8% | -25.2% | 36.9% | 97.80% |
| 2024 | -7.9% | -51.6% | 37.0% | 98.59% |
| 2023 | -12.1% | -15.6% | 47.4% | 99.65% |
| 2022 | -21.9% | -56.3% | 1.1% | 56.81% |
| 2021 | 20.4% | -27.2% | 537.8% | 36.41% |
Total Return Ranking - Trailing
| Period | AUEIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 7.0% | -13.2% | 43.7% | 79.03% |
| 1 Yr | 8.3% | -15.7% | 101.9% | 95.86% |
| 3 Yr | 11.8%* | 1.1% | 41.0% | 94.00% |
| 5 Yr | 6.9%* | -3.9% | 19.6% | 93.71% |
| 10 Yr | 11.0%* | 5.8% | 55.9% | 89.04% |
* Annualized
Total Return Ranking - Calendar
| Period | AUEIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 7.0% | -3.4% | 43.4% | 94.80% |
| 2024 | 13.9% | -20.1% | 44.5% | 86.78% |
| 2023 | 9.4% | 0.3% | 47.4% | 97.53% |
| 2022 | -13.8% | -31.9% | 11.0% | 18.25% |
| 2021 | 23.5% | 4.1% | 537.8% | 83.88% |
NAV & Total Return History
AUEIX - Holdings
Concentration Analysis
| AUEIX | Category Low | Category High | AUEIX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.31 B | 3.76 M | 2.2 T | 58.24% |
| Number of Holdings | 145 | 2 | 3885 | 45.64% |
| Net Assets in Top 10 | 218 M | 3.24 M | 639 B | 71.72% |
| Weighting of Top 10 | 16.12% | 2.5% | 102.7% | 98.50% |
Top 10 Holdings
- United Therapeutics Corp. 1.77%
- Limited Purpose Cash Investment Fund 1.75%
- Exxon Mobil Corp. 1.69%
- Kroger Co. (The) 1.61%
- ATT, Inc. 1.59%
- Adobe, Inc. 1.56%
- Microsoft Corp. 1.55%
- Verizon Communications, Inc. 1.54%
- Costco Wholesale Corp. 1.53%
- Johnson Johnson 1.51%
Asset Allocation
| Weighting | Return Low | Return High | AUEIX % Rank | |
|---|---|---|---|---|
| Stocks | 98.04% | 0.00% | 105.13% | 73.30% |
| Cash | 1.98% | 0.00% | 69.97% | 24.23% |
| Preferred Stocks | 0.00% | 0.00% | 5.74% | 13.39% |
| Convertible Bonds | 0.00% | 0.00% | 5.54% | 7.25% |
| Bonds | 0.00% | 0.00% | 136.21% | 11.72% |
| Other | -0.02% | -13.91% | 100.00% | 94.54% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | AUEIX % Rank | |
|---|---|---|---|---|
| Consumer Defense | 19.02% | 0.00% | 47.71% | 1.08% |
| Healthcare | 16.13% | 0.00% | 52.29% | 21.02% |
| Financial Services | 15.83% | 0.00% | 55.59% | 21.74% |
| Technology | 12.20% | 0.00% | 48.94% | 94.52% |
| Industrials | 10.46% | 0.00% | 29.90% | 30.28% |
| Consumer Cyclical | 7.53% | 0.00% | 30.33% | 84.19% |
| Utilities | 5.41% | 0.00% | 15.25% | 6.20% |
| Basic Materials | 5.33% | 0.00% | 19.45% | 8.18% |
| Communication Services | 3.73% | 0.00% | 27.94% | 91.73% |
| Energy | 3.12% | 0.00% | 41.64% | 68.64% |
| Real Estate | 1.25% | 0.00% | 31.91% | 79.69% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | AUEIX % Rank | |
|---|---|---|---|---|
| US | 98.04% | 0.00% | 101.31% | 66.52% |
| Non US | 0.00% | 0.00% | 70.69% | 25.73% |
AUEIX - Expenses
Operational Fees
| AUEIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.59% | 0.01% | 4.93% | 65.57% |
| Management Fee | 0.25% | 0.00% | 1.89% | 27.43% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | 9.54% |
| Administrative Fee | N/A | 0.00% | 0.85% | N/A |
Sales Fees
| AUEIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| AUEIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.25% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| AUEIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 17.00% | 0.00% | 268.00% | 37.85% |
AUEIX - Distributions
Dividend Yield Analysis
| AUEIX | Category Low | Category High | AUEIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.83% | 0.00% | 25.47% | 0.62% |
Dividend Distribution Analysis
| AUEIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
| AUEIX | Category Low | Category High | AUEIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.13% | -54.00% | 2.44% | 25.56% |
Capital Gain Distribution Analysis
| AUEIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 17, 2025 | $0.343 | OrdinaryDividend |
| Dec 17, 2025 | $0.079 | CapitalGainShortTerm |
| Dec 17, 2025 | $3.585 | CapitalGainLongTerm |
| Dec 17, 2024 | $0.361 | OrdinaryDividend |
| Dec 17, 2024 | $0.190 | CapitalGainShortTerm |
| Dec 17, 2024 | $4.369 | CapitalGainLongTerm |
| Dec 17, 2024 | $4.920 | OrdinaryDividend |
| Dec 18, 2023 | $0.522 | OrdinaryDividend |
| Dec 18, 2023 | $4.810 | CapitalGainLongTerm |
| Dec 19, 2022 | $2.566 | OrdinaryDividend |
| Dec 23, 2021 | $0.812 | OrdinaryDividend |
| Dec 22, 2020 | $0.343 | OrdinaryDividend |
| Dec 23, 2019 | $0.261 | OrdinaryDividend |
| Dec 23, 2019 | $0.006 | CapitalGainLongTerm |
| Dec 19, 2018 | $0.084 | CapitalGainLongTerm |
| Dec 19, 2018 | $0.228 | OrdinaryDividend |
| Dec 20, 2017 | $0.061 | CapitalGainShortTerm |
| Dec 20, 2017 | $0.116 | CapitalGainLongTerm |
| Dec 20, 2017 | $0.275 | OrdinaryDividend |
| Dec 20, 2016 | $0.023 | CapitalGainShortTerm |
| Dec 20, 2016 | $0.064 | CapitalGainLongTerm |
| Dec 20, 2016 | $0.231 | OrdinaryDividend |
| Dec 21, 2015 | $0.088 | CapitalGainShortTerm |
| Dec 21, 2015 | $0.670 | CapitalGainLongTerm |
| Dec 21, 2015 | $0.138 | OrdinaryDividend |
| Dec 19, 2014 | $0.222 | CapitalGainShortTerm |
| Dec 19, 2014 | $0.199 | CapitalGainLongTerm |
| Dec 19, 2014 | $0.287 | OrdinaryDividend |
| Dec 20, 2013 | $0.030 | CapitalGainShortTerm |
| Dec 20, 2013 | $0.012 | CapitalGainLongTerm |
| Dec 20, 2013 | $0.083 | OrdinaryDividend |
| Dec 14, 2012 | $0.067 | OrdinaryDividend |
| Dec 14, 2012 | $0.008 | CapitalGainShortTerm |
AUEIX - Fund Manager Analysis
Managers
Andrea Frazzini
Start Date
Tenure
Tenure Rank
Jul 09, 2012
9.9
9.9%
Andrea Frazzini is a Principal at AQR Capital Management, where he is the Head of our Global Stock Selection team. He is also an Adjunct Professor of Finance at New York University’s Stern School of Business. He has published in top academic journals and won several awards for his research, including the Smith Breeden Award, the Fama-DFA Prize, the BGI Michael Brennan Award, several Bernstein Fabozzi/Jacobs Levy Awards and the PanAgora Crowell Memorial Prize. Prior to joining AQR, Andrea was an associate professor of finance at the University of Chicago’s Graduate School of Business and a Research Associate at the National Bureau of Economic Research. He also served as a consultant for DKR Capital Partners and J.P. Morgan Securities and was on the board of directors of the Center for Research in Security Prices at the University of Chicago. He earned a B.S. in economics from the University of Roma Tre, an M.S. in economics from the London School of Economics and a Ph.D. in economics from Yale University.
Michele Aghassi
Start Date
Tenure
Tenure Rank
Mar 16, 2016
6.21
6.2%
Michele Aghassi is a Principal at AQR Capital Management, where she serves as a portfolio manager for the firm's equity strategies. Throughout her tenure at AQR, she has been a leader in research and strategy development, contributing to the advancement of the stock selection investment process. She played a key role in launching the firm’s emerging equities strategy in 2008 and developed the proprietary robust optimization technology that AQR uses to build portfolios. In addition to her responsibilities at AQR, she serves on the Editorial Advisory Board of The Journal of Portfolio Management. Earlier in her career, Michele worked as a quantitative analyst in the proprietary equities department of D.E. Shaw & Co. Michele graduated magna cum laude from Brown University with a B.Sc. in applied mathematics and subsequently earned a Ph.D. in operations research from the Massachusetts Institute of Technology, where she was a National Science Foundation Graduate Research Fellow and an MIT Presidential Graduate Fellow.
Lars Nielsen
Start Date
Tenure
Tenure Rank
Jan 01, 2020
2.41
2.4%
Nielsen is a Principal of AQR Capital Management. Mr. Nielsen joined AQR in 2000 and currently serves as the co-head of portfolio management, research, risk and trading. He earned a B.Sc. and an M.Sc. in economics from the University of Copenhagen. Prior to joining the Adviser in 2000, he was an Analyst in the Quantitative Research Group of Danske Invest.
John Huss
Start Date
Tenure
Tenure Rank
Jan 01, 2022
0.41
0.4%
John J. Huss, Principal, rejoined AQR in 2013 and oversees multi-asset class strategies as a researcher and portfolio manager. Mr. Huss rejoined the AQR Capital Management in 2013 and is a portfolio manager for the firm’s World Allocation strategy where he focuses on macroeconomic and portfolio construction research for risk parity and other asset allocation strategies. Prior to rejoining the firm, where he first worked from 2004 to 2008, Mr. Huss was a vice president in RBC’s Global Arbitrage and Trading division and a systematic portfolio manager for Tudor Investment Corp. Mr. Huss earned a B.S. in mathematics from the Massachusetts Institute of Technology.
Clifford Asness
Start Date
Tenure
Tenure Rank
Jan 01, 2022
0.41
0.4%
Dr. Asness is a Founder, Managing Principal and Chief Investment Officer at AQR Capital Management. He is an research notable for its relevance and enduring value to investment professionals. Prior to co-founding AQR Capital Management, he was a Managing Director and Director of Quantitative Research for the Asset Management Division of Goldman, Sachs & Co. Dr. Asness is on the editorial board of The Journal of Portfolio Management, the governing board of the Courant Institute of Mathematical Finance at NYU, the Board of Directors of the Q-Group.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 39.02 | 7.35 | 2.25 |