Morningstar

AQR Multi-Asset Fund Class N AQRNX

Morningstar Medalist Rating
Medalist Rating as of | See AQR Investment Hub
  • NAV / 1-Day Return 12.90  /  −0.54 %
  • Total Assets 2.8B
  • Adj. Expense Ratio
    1.100%
  • Expense Ratio 1.270%
  • Distribution Fee Level Below Average
  • Share Class Type No Load
  • Category Tactical Allocation
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 3.40%
  • Turnover 110%

USD | NAV as of Jul 17, 2026 | 1-Day Return as of Jul 17, 2026, 12:11 AM GMT+0

Morningstar’s Analysis AQRNX

Will AQRNX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AQRNX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the AQRNX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of AQRNX’s parent organization’s priorities and whether they’re in line with investors’ interests.

AQR Multi-Asset Manager Departs Firm; Ratings Unchanged.

null Thomas DeFauw

Thomas DeFauw

Analyst Note

As we first noted on Jan. 29, 2026. In January 2026, AQR announced that the head of global stock selection strategy Andrea Frazzini is no longer with the firm. In connection with his departure, AQR announced that Laura Serban and John Huss are now co-heads of global stock selection. Serban joined AQR in 2011 and has served as a portfolio manager and key decision-maker on global stock selection before being elevated to co-head. Huss was formerly co-head of macro strategies with Jordan Brooks, who is now the sole head of that group.

by Thomas DeFauw
Published on

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Portfolio Holdings AQRNX

More AQRNX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 38.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Limited Purpose Cash Investment

17.26 438M
—

Aqr Mf Cayman Blocker

9.32 236M
—

US DOLLAR

6.05 153M
Cash and Equivalents

Cash Offset

2.30 58M
—

United States Treasury Notes 1.88%

2.06 52M
Government

United States Treasury Notes 2.13%

2.01 51M
Government

CTRSI USD/D 0.04 USD 1226

1.92 49M
—

United States Treasury Notes 1.88%

1.88 48M
Government

NVIDIA Corp

1.83 47M
Technology

United States Treasury Notes 0.13%

1.80 46M
Government

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