SCHEDULE 13G/A: AQR Capital Management Discloses 5.74% Stake in Ares Acquisition Corp II

AQR Capital Management, LLC and its affiliates have disclosed a beneficial ownership of 5.74% in Ares Acquisition Corp II's Class A Ordinary Shares as of March 31, 2025.

Summary

• AQR Capital Management, LLC, AQR Capital Management Holdings, LLC, and AQR Arbitrage, LLC collectively reported beneficial ownership of 2,870,702 Class A Ordinary Shares of Ares Acquisition Corp II.
• This ownership represents 5.74% of the Class A Ordinary Shares outstanding.
• The filing is an Amendment No. 1 to a Schedule 13G, indicating a change in previously reported beneficial ownership.
• The shares are held with shared voting power and shared dispositive power by the reporting entities.
• The reporting persons certified that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: Factual disclosure of beneficial ownership, no inherent positive or negative sentiment regarding company performance or outlook.

Future Outlook

NA

Industry Context

This filing is a standard disclosure of beneficial ownership by an institutional investor in a publicly traded company, common in the financial industry for transparency regarding significant holdings.

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional holding by AQR Capital Management may be viewed as a vote of confidence in Ares Acquisition Corp II, potentially influencing investor sentiment.

Key Dates

Keywords

AQR Capital Management, Ares Acquisition Corp II, Schedule 13G, Beneficial Ownership, Class A Ordinary Shares, Institutional Ownership, SEC Filing, Investment Adviser, Holding Company