AQR Long-Short Equity Fund Class I (QLEIX)

Fund Assets	9.45B
Expense Ratio	5.758%
Min. Investment	$5,000,000
Turnover	296.00%
Dividend (ttm)	0.37
Dividend Yield	1.65%
Dividend Growth	-67.50%
Payout Frequency	Annual
Ex-Dividend Date	Dec 17, 2025

Previous Close	22.57
YTD Return	6.19%
1-Year Return	15.62%
5-Year Return	199.92%
52-Week Low	19.75
52-Week High	22.67
Beta (5Y)	0.23
Holdings	2505
Inception Date	Jul 16, 2013

About QLEIX

AQR Long-Short Equity Fund Class I is an actively managed mutual fund that employs a long-short equity strategy, aiming to achieve capital appreciation by investing in both long and short positions in global equities. The fund utilizes a systematic, quantitative process to identify stocks expected to outperform for its long positions, and those anticipated to underperform for its short positions. This approach is designed to capture returns through both market exposure and distinct security selection, while maintaining moderate overall market risk. The fund's portfolio is globally diversified, drawing on hundreds of proprietary investment signals across various stocks and sectors. It typically invests at least 80% of its net assets in equity and equity-related instruments, with exposure to companies of any size, primarily in developed markets. Managed by a seasoned team, the fund seeks to deliver market-like returns but with lower volatility, and its structure potentially offers downside risk management, especially during bear markets. Launched in 2013, it stands out in the long-short equity category for its data-driven investment process and risk-aware positioning, making it a significant player in the landscape of nontraditional equity funds.

• Fund Family: AQR Funds
• Category: Alt Long/Short Eq
• Performance Rating: High
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: QLEIX
• Share Class: Class I
• Index: MSCI World NR USD

Performance

QLEIX had a total return of 15.62% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.02%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
QLERX	Class R6	5.68%
QLENX	Class N	6.06%

Top 10 Holdings

42.27% of assets

Name	Symbol	Weight
Limited Purpose Cash Investment Fund	n/a	22.25%
United States of America - U.S. Treasury Bills	B.0 10.01.26	2.49%
United States of America - U.S. Treasury Bills	B.0 08.13.26	2.47%
United States of America - U.S. Treasury Bills	B.0 08.20.26	2.40%
United States of America - U.S. Treasury Bills	B.0 10.15.26	2.39%
United States of America - U.S. Treasury Bills	B.0 08.06.26	2.28%
United States of America - U.S. Treasury Bills	B.0 08.27.26	2.28%
United States of America - U.S. Treasury Bills	B.0 07.23.26	1.90%
United States of America - U.S. Treasury Bills	B.0 07.30.26	1.90%
United States of America - U.S. Treasury Bills	B.0 09.17.26	1.89%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 17, 2025	$0.37075	Dec 18, 2025
Dec 17, 2024	$1.14077	Dec 18, 2024
Dec 18, 2023	$2.74261	Dec 19, 2023
Dec 19, 2022	$1.81217	Dec 20, 2022
Dec 22, 2020	$0.14742	Dec 23, 2020
Dec 19, 2018	$0.66011	Dec 20, 2018

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 15, 2026

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