Latest CNH PARTNERS LLC Stock Portfolio

CNH PARTNERS LLC Performance:

2025 Q4: 0.26%YTD: 2.29%2024: 0.93%

Performance for 2025 Q4 is 0.26%, and YTD is 2.29%, and 2024 is 0.93%.

About CNH PARTNERS LLC and 13F Hedge Fund Stock Holdings

AQR Arbitrage LLC is a hedge fund based in Greenwich, CT. On 2026-02-17, the fund reported it's updated stock portfolio. In the 13F Holdings report, AQR Arbitrage LLC reported an equity portfolio of $4.8 Billions as of 31 Dec, 2025.

The top stock holdings of AQR Arbitrage LLC are QRVO, TCKRF, NSC. The fund has invested 2.5% of it's portfolio in QORVO INC and 2.4% of portfolio in TECK RESOURCES LTD.

The fund managers got completely rid off INTERPUBLIC GROUP COS INC (IPG), ALLETE INC (ALE) and SANDSTORM GOLD LTD (SAND) stocks. They significantly reduced their stock positions in RF ACQUISITION CORP II, PARSONS CORP DEL (PSN) and GUIDEWIRE SOFTWARE INC (GWRE). AQR Arbitrage LLC opened new stock positions in QORVO INC (QRVO), CADENCE BANK (CADE) and NEW GOLD INC CDA (NGD). The fund showed a lot of confidence in some stocks as they added substantially to NORTHWESTERN ENERGY GROUP IN (NWE), TECK RESOURCES LTD (TCKRF) and ELECTRONIC ARTS INC (EA).

CNH PARTNERS LLC Annual Return Estimates Vs S&P 500

Our best estimate is that AQR Arbitrage LLC made a return of 0.26% in the last quarter. In trailing 12 months, it's portfolio return was 2.29%.

Performance
S&P 500

New Buys

Ticker	$ Bought
qorvo inc	118,204,000
cadence bank	93,376,800
new gold inc cda	91,721,400
comerica inc	87,740,700
kenvue inc	60,425,600
strategy inc	51,178,500
warner bros discovery inc	49,874,400
sealed air corp new	43,692,600

New stocks bought by CNH PARTNERS LLC

Additions

Ticker	% Inc.
blackline inc	23,500
northwestern energy group in	2,434
teck resources ltd	812
progress software corp	570
snap inc	241
electronic arts inc	236
super micro computer inc	197
draftkings inc new	186

Additions to existing portfolio by CNH PARTNERS LLC

Reductions

Ticker	% Reduced
exact sciences corp	-99.83
akamai technologies inc	-99.62
five9 inc	-99.48
snowflake inc	-99.00
dropbox inc	-98.79
boeing co	-97.94
bentley sys inc	-82.76
rf acquisition corp ii	-77.96

CNH PARTNERS LLC reduced stake in above stock

Sold off

Ticker	$ Sold
curevac n v	-5,345,200
wns hldgs ltd	-50,860,200
merus n v	-19,300,200

CNH PARTNERS LLC got rid off the above stocks

Sector Distribution

AQR Arbitrage LLC has about 57.1% of it's holdings in Others sector.

Sector	%
Others	57.1
Industrials	10.2
Technology	9.4
Communication Services	5.7
Financial Services	4.7
Healthcare	4.6
Utilities	3.9
Consumer Cyclical	1.9
Real Estate	1.8

Market Cap. Distribution

AQR Arbitrage LLC has about 14.5% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	58.2
MID-CAP	22
LARGE-CAP	14.5
SMALL-CAP	4.7

Stocks belong to which Index?

About 33.4% of the stocks held by AQR Arbitrage LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	66.6
RUSSELL 2000	18.6
S&P 500	14.8

Top 5 Winners (%)		%
	haymaker acquisition corp iv	292.4 %
	blue wtr acquisition corp. i	278.3 %
	cartesian growth corp iii	220.1 %
	crane hbr acquisition corp	130.4 %
	churchill cap corp x	106.9 %

Top 5 Winners ($)		$
RIO	rio tinto plc	5.6 M
TCKRF	teck resources ltd	5.3 M
HOUS	anywhere real estate inc	5.0 M
PNM	txnm energy inc	2.6 M
GTLS	chart inds inc	2.5 M

Top 5 Losers (%)		%
	yorkville acquisition corp.	-58.0 %
	procap acquisition corp	-52.3 %
	grabagun digital hldgs inc	-51.8 %
	berto acquisition corp	-45.6 %
	namib minerals	-45.4 %

Top 5 Losers ($)		$
LBRDA	liberty broadband corp	-14.4 M
CYBR	cyberark software ltd	-6.3 M
AMWD	american woodmark corporatio	-3.6 M
NSC	norfolk southn corp	-3.1 M
STAA	staar surgical co	-2.9 M

CNH PARTNERS LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of CNH PARTNERS LLC

AQR Arbitrage LLC has 438 stocks in it's portfolio. About 20.2% of the portfolio is in top 10 stocks. LBRDA proved to be the most loss making stock for the portfolio. RIO was the most profitable stock for AQR Arbitrage LLC last quarter.

Last Reported on: 17 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ABNB	airbnb inc	0.02	1,000,000	992,000	unchanged	0.00

AKAM	akamai technologies inc	0.00	230,000	227,815	reduced	-99.62

AL	air lease corp	2.01	1,485,210	95,395,000	added	47.25

ALEX	alexander & baldwin inc new	0.13	296,463	6,119,000	new

ALRM	alarm com hldgs inc	0.42	20,975,000	20,020,600	unchanged	0.00

AMWD	american woodmark corporatio	0.36	319,888	17,242,000	added	35.84

ATXS	astria therapeutics inc	0.17	627,293	8,211,260	new

AVAV	aerovironment inc	0.32	62,300	15,069,700	new

AXTA	axalta coating sys ltd	0.39	568,154	18,357,100	new

BA	boeing co	0.01	5,250	365,006	reduced	-97.94

BABA	alibaba group hldg ltd	0.56	17,000,000	26,443,500	unchanged	0.00

BHF	brighthouse finl inc	0.77	566,154	36,681,100	new

BL	blackline inc	0.52	23,600,000	24,953,500	added	23,500

BL	blackline inc	0.09	4,450,000	4,413,290	reduced	-3.26

BOX	box inc	0.57	27,571,000	26,881,700	new

BSY	bentley sys inc	0.06	3,236,000	3,051,550	reduced	-82.76

CADE	cadence bank	1.97	2,179,660	93,376,800	new

CDAY	dayforce inc	1.08	742,018	51,318,000	added	135

CDAY	dayforce inc	0.00	50,000	49,625	unchanged	0.00

CDTX	cidara therapeutics inc	0.73	157,709	34,836,300	new