AQR Long-Short Equity Fund Class N (QLENX)
| Fund Assets | 8.03B |
| Expense Ratio | 5.58% |
| Min. Investment | $1,000,000 |
| Turnover | 362.00% |
| Dividend (ttm) | 0.34 |
| Dividend Yield | 1.68% |
| Dividend Growth | -69.72% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 17, 2025 |
| Previous Close | 20.25 |
| YTD Return | -2.29% |
| 1-Year Return | 22.59% |
| 5-Year Return | 210.66% |
| 52-Week Low | 15.72 |
| 52-Week High | 20.69 |
| Beta (5Y) | n/a |
| Holdings | 2686 |
| Inception Date | Jul 16, 2013 |
About QLENX
AQR Long-Short Equity Fund is a mutual fund designed to deliver capital appreciation through a distinctive long-short equity strategy. Its primary purpose is to exploit opportunities in global equity markets by systematically taking long positions in stocks deemed likely to outperform and short positions in stocks expected to underperform. This approach seeks to generate positive returns that are less dependent on the direction of the broader equity market, aiming for market-like returns but with potentially lower risk due to its built-in downside risk management. The fund employs a systematic investment process that draws on hundreds of quantitative signals across sectors and regions, leveraging proprietary models and advanced machine-learning techniques. Its portfolio is highly diversified, holding thousands of securities while maintaining moderate net market exposure. Notably, the fund allocates a significant portion of assets to cash and U.S. Treasury bills, further emphasizing risk management and liquidity. AQR Long-Short Equity Fund plays a niche but important role in the alternative investments space, targeting both institutional and sophisticated investors seeking diversification beyond traditional equity-only funds. It is managed by an experienced team and is classified as a nontraditional equity fund, distinguishing itself through its global reach and systematic, research-driven methodology.
Performance
QLENX had a total return of 22.59% in the past year, including dividends. Since the fund's inception, the average annual return has been 20.18%.
Top 10 Holdings
62.19% of assets| Name | Symbol | Weight |
|---|---|---|
| Limited Purpose Cash Investment | n/a | 27.56% |
| US DOLLAR | n/a | 15.47% |
| United States Treasury Bills 0% | B.0 03.12.26 | 3.12% |
| United States Treasury Bills 0% | B.0 03.26.26 | 2.49% |
| United States Treasury Bills 0% | B.0 04.23.26 | 2.32% |
| United States Treasury Bills 0% | B.0 02.19.26 | 2.25% |
| United States Treasury Bills 0% | B.0 02.26.26 | 2.25% |
| United States Treasury Bills 0% | B.0 04.02.26 | 2.24% |
| United States Treasury Bills 0% | B.0 04.09.26 | 2.24% |
| United States Treasury Bills 0% | B.0 04.16.26 | 2.24% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2025 | $0.33668 | Dec 18, 2025 |
| Dec 17, 2024 | $1.11188 | Dec 18, 2024 |
| Dec 18, 2023 | $2.71867 | Dec 19, 2023 |
| Dec 19, 2022 | $1.76928 | Dec 20, 2022 |
| Dec 22, 2020 | $0.14742 | Dec 23, 2020 |
| Dec 19, 2018 | $0.66011 | Dec 20, 2018 |