Private fund adviser · Greenwich, CT
AQR Capital Management, LLC
SEC-registered investment adviser · CRD 111883 · SEC 801-55543
At a glance
AQR Capital Management, LLC is an SEC-registered investment adviser based in Greenwich, Connecticut, with $311.7 billion in regulatory assets under management as of its Form ADV filed August 27, 2026. Its largest client group by assets is pooled investment vehicles, and it reports 97 individual clients. By Form ADV it is a private fund adviser, ranked 11th of 4,686 private fund advisers and 82nd of 17,210 SEC-registered advisers by assets.
Main office 203-742-3600aqr.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $312B
- Rank among private fund advisers
- #11 of 4,686
- Rank among all SEC RIAs
- #82 of 17,210
- Rank in Connecticut
- #1 of 507
- Individual clients
- 97
- High-net-worth clients
- 97
- Accounts
- 723
- Discretionary
- 100% of AUM
- Employees
- 728
- Advisory staff
- 276
- Offices
- 1
Owners and executives on its Form ADV
- Clifford S. AsnessPresident, Founding and Managing Principal
- David G. KabillerFounding Principal
- John M. LiewFounding Principal
- Bradley D. AsnessCo-Chief Operating Officer
- John B. HowardCo-Chief Operating Officer
- Herbert J. WillcoxChief Compliance Officer
- Patrick E. RyanChief Financial Officer
Custody and brokerage
Broker-dealer
Hybrid RIA
AQR Capital Management, LLC is a hybrid RIA: 102 of its employees are also registered representatives of a broker-dealer. It names an affiliated broker-dealer: AQR Investments, LLC.
- AQR Investments, LLC ↗CRD 289244
Its Form ADV brochure (filed March 2026) names AQR Investments as the broker-dealer its advisers are registered with.
Certain AQR employees are registered representatives of AQR Investments, LLC (“AQR Investments”), AQR’s affiliated limited-purpose broker-dealer.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Pooled investment vehicles | 240 | $155B | 50% |
| Other investment advisers | 297 | $79B | 25% |
| Investment companies | 39 | $32B | 10% |
| State or municipal government entities | 17 | $14B | 4% |
| Sovereign wealth funds and foreign official institutions | 11 | $13B | 4% |
| Pension and profit sharing plans | 16 | $9.3B | 3% |
| High-net-worth individuals | 97 | $9.1B | 3% |
| Insurance companies | – | $211M | <1% |
| Charitable organizations | – | $101M | <1% |
Private funds
AQR Capital Management, LLC reports 304 private funds with $157B in gross assets: hedge funds (Form ADV Item 7.B).
Disciplinary disclosures
AQR Capital Management, LLC reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for individuals and small businesses
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses and institutions
- Other services
How it’s paid
- A percentage of assets under management
- Performance-based fees
- Other
Form ADV and brochures on the SEC’s adviser search ↗aqr.com ↗
AtlasMembers
The full record on AQR Capital Management, LLC
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 78 peers of its type and size
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- Owners and executives, with titles and stakes
- 7 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
- 6Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does AQR Capital Management, LLC manage?
AQR Capital Management, LLC reports $311.7 billion in regulatory assets under management across 723 accounts, 100% of it on a discretionary basis, on its Form ADV filed August 27, 2026.
What kind of firm is AQR Capital Management, LLC?
AQR Capital Management, LLC is a private fund adviser by its Form ADV answers. Private funds are at least half of its business by assets. A public reporting company controls it.
Who are AQR Capital Management, LLC’s clients?
By assets, its largest client types are pooled investment vehicles ($154.6 billion, 240 clients); other investment advisers ($78.9 billion, 297 clients); investment companies ($32.3 billion, 39 clients).
Does AQR Capital Management, LLC manage private funds?
Yes. It reports 304 private funds with $157.1 billion in gross assets, including hedge funds.
Does AQR Capital Management, LLC have any disciplinary history?
AQR Capital Management, LLC reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is AQR Capital Management, LLC’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-08-27), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →