SCHEDULE 13G/A: AQR Capital Management Discloses Passive 4.996% Stake in DT Cloud Star Acquisition Corp

AQR Capital Management, LLC, along with its affiliates, has disclosed a passive beneficial ownership of 4.996% of DT Cloud Star Acquisition Corp's Ordinary Shares as of December 31, 2024.

Summary

• AQR Capital Management, LLC, AQR Capital Management Holdings, LLC, and AQR Arbitrage, LLC collectively reported beneficial ownership of 444,725 Ordinary Shares of DT Cloud Star Acquisition Corp.
• This represents a 4.996% stake in the company's Ordinary Shares, par value $0.0001 per share.
• The shares are held with shared voting power and shared dispositive power among the reporting entities.
• The filing, an Amendment No. 1 to a Schedule 13G, indicates that the securities were acquired and are held in the ordinary course of business.
• The reporting persons certify that the shares were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would indicate a positive or negative sentiment regarding the issuer's performance or prospects. It is a neutral regulatory filing.

Future Outlook

NA

Industry Context

This Schedule 13G filing indicates a passive investment by AQR Capital Management, a prominent investment firm, in DT Cloud Star Acquisition Corp. Such filings are standard disclosures for institutional investors holding less than 5% of a company's shares, or between 5% and 20% if they qualify as passive investors, ensuring transparency in significant ownership stakes without implying an intent to control the company.

Related Party Transactions

• AQR Capital Management, LLC is a wholly owned subsidiary of AQR Capital Management Holdings, LLC.
• AQR Arbitrage, LLC is deemed to be controlled by AQR Capital Management, LLC.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant passive ownership stake by a reputable investment firm, confirming that a notable institutional investor holds a position in the company.
• Regulatory Bodies: Fulfills SEC disclosure requirements for beneficial ownership, ensuring market transparency.

Key Dates

Keywords

AQR Capital Management, DT Cloud Star Acquisition Corp, Schedule 13G, Beneficial Ownership, Passive Investment, Investment Adviser, Holding Company, Ordinary Shares, SEC Filing, Institutional Ownership