AQR Large Cap Multi-Style Fund June 30, 2021

Portfolio Exposures

NAV: $1,387,475,976

Asset Class Security Description Exposure Quantity

Equity 3M Ord Shs 7,441,276 37,463

Equity A O Smith Ord Shs 1,025,630 14,233

Equity Abbott Laboratories Ord Shs 695,580 6,000

Equity AbbVie Ord Shs 2,697,728 23,950

Equity Accenture Ord Shs Class A 4,362,597 14,799

Equity Acuity Brands Ord Shs 8,918,151 47,683

Equity Adobe Ord Shs 10,313,120 17,610

Equity AGCO Ord Shs 11,515,944 88,326

Equity Akamai Technologies Ord Shs 4,961,913 42,555

Equity Alexion Pharmaceuticals Ord Shs 1,495,032 8,138

Equity Alliance Data Systems Ord Shs 2,064,212 19,812

Equity Allstate Ord Shs 17,685,055 135,580

Equity Ally Financial Ord Shs 1,042,902 20,925

Equity Alphabet Ord Shs Class C 25,526,869 10,185

Equity Altria Group Ord Shs 4,006,693 84,033

Equity Amazon Com Ord Shs 45,275,946 13,161

Equity Amerco Ord Shs 1,682,737 2,855

Equity Ameren Ord Shs 696,828 8,706

Equity American Tower REIT 752,070 2,784

Equity Ameriprise Finance Ord Shs 5,602,040 22,509

Equity AmerisourceBergen Ord Shs 535,126 4,674

Equity Amgen Ord Shs 3,192,638 13,098

Equity Anthem Ord Shs 11,568,922 30,301

Equity APPLE 80,896,520 590,658

Equity Applied Material Ord Shs 12,056,296 84,665

Equity Aptiv Ord Shs 1,514,773 9,628

Equity Arrow Electronics Ord Shs 14,585,038 128,130

Equity Associated Bancorp Ord Shs 4,986,757 243,494

Equity Assurant Ord Shs 3,887,945 24,894

Equity Assured Guaranty Ord Shs 411,509 8,667

Equity AT&T 7,072,915 245,758

Equity Autonation Ord Shs 10,369,749 109,374

Equity Bank of New York Mellon Ord Shs 1,842,384 35,963

Equity Baxter International Ord Shs 1,280,997 15,913

Equity Berkshire Hathaway Ord Shs Class B 18,155,124 65,325

Equity Berry Global Group Ord Shs 1,185,374 18,175

Equity Best Buy Ord Shs 9,919,670 86,273

Equity BlackRock Ord Shs 9,370,054 10,709

Equity BOK Financial Ord Shs 407,540 4,706

Equity Booz Allen Hamilton Holding Ord Shs Class A 3,779,181 44,367

Equity Brandywine Realty Trust REIT Ord Shs 1,056,753 77,079

Equity Bristol Myers Squibb Ord Shs 6,422,939 96,123

Equity Brunswick Ord Shs 941,509 9,451

Equity Cabot Ord Shs 1,201,337 21,102

Equity CACI International Ord Shs Class A 3,995,945 15,663

Equity Cadence Design Systems Ord Shs 4,441,588 32,463

Equity Capital One Financial Ord Shs 4,324,204 27,954

Equity Carlisle Companies Ord Shs 2,505,356 13,091

Equity Carters Ord Shs 2,319,468 22,482

Equity CDW Ord Shs 4,741,224 27,147

Equity Charles River Laboratories International Ord Shs 8,175,232 22,100

Equity Chemours Ord Shs 1,125,014 32,328

Equity CHEVRON 4,996,203 47,701

Equity Chubb Ord Shs 1,589,559 10,001

Equity Cintas Ord Shs 502,330 1,315

Equity Cisco Systems Ord Shs 7,603,486 143,462

Equity Citigroup Ord Shs 10,077,842 142,443

Equity Citizens Financial Group Ord Shs 4,433,336 96,650

Equity Clorox Ord Shs 7,554,421 41,990

Equity Cognizant Technology Solutions Ord Shs Class A 711,300 10,270

Equity COMCAST 1,055,725 18,515

Equity Concentrix Ord Shs 7,215,418 44,872

Equity Consolidated Edison Ord Shs 5,129,701 71,524

Equity Copart Ord Shs 668,510 5,071

Equity Corteva Ord Shs 4,099,226 92,429

Equity COSTCO WHOLESALE 2,269,959 5,737

Equity Cummins Ord Shs 11,705,562 48,011

Equity Curtiss Wright Ord Shs 874,667 7,365

Equity CVS Health Ord Shs 5,552,098 66,540

Equity D R Horton Ord Shs 363,468 4,022

Equity Danaher Ord Shs 8,066,902 30,060

Equity Darden Restaurants Ord Shs 3,999,104 27,393

Equity Dell Technologies Ord Shs Class C 1,382,523 13,871

Equity Dicks Sporting Ord Shs 11,861,594 118,391

Equity DISH Network Ord Shs Class A 1,900,395 45,464

Equity Dollar General Ord Shs 4,096,695 18,932

Equity DTE Energy Ord Shs 5,063,213 39,068

Equity Eastman Chemical Ord Shs 4,063,951 34,809

Equity Eaton Ord Shs 924,050 6,236

Equity Electronic Arts Ord Shs 6,428,482 44,695

Equity EPR Properties REIT Ord Shs 29,712 564

Equity Equitrans Midstream Ord Shs 3,454,643 405,951

Equity Equity Commonwealth REIT Ord Shs 393,812 15,031

Equity Estee Lauder Ord Shs Class A 3,835,091 12,057

Equity Everest Re Group Ord Shs 9,700,873 38,494

Equity Exelon Ord Shs 11,254,075 253,985

Equity Expeditors International of Washington Ord Shs 1,763,411 13,929

Equity EXXON MOBIL 5,096,612 80,796

Equity Facebook Class A Ord Shs 40,124,343 115,396

Equity Fedex Ord Shs 5,771,791 19,347

Equity Fidelity National Financial Ord Shs 2,367,614 54,478

Equity First American Financial Ord Shs 5,516,977 88,484

Equity First Citizens Bancshares Ord Shs Class A 1,458,128 1,751

Equity Flowers Foods Ord Shs 431,099 17,814

Equity FNB Ord Shs 374,450 30,369

Equity Foot Locker Ord Shs 6,236,956 101,200

Equity Fortinet Ord Shs 749,822 3,148

Equity Fortune Brands Home And Security Ord Shs 4,656,369 46,746

Equity General Mills Ord Shs 3,858,088 63,320

Equity General Motors Ord Shs 3,766,526 63,656

Equity Goldman Sachs Group Ord Shs 4,464,791 11,764

Equity GOOGLE 36,333,835 14,880

Equity Graham Holdings Company Ord Shs Class B 1,045,935 1,650

Equity HOME DEPOT 9,296,281 29,152

Equity Horizon Therapeutics Public Ord Shs 2,447,750 26,140

Equity Howmet Aerospace Ord Shs 1,381,420 40,076

Equity HP Ord Shs 9,155,993 303,279

Equity Hubbell Ord Shs 2,647,896 14,172

Equity Humana Ord Shs 4,151,385 9,377

Equity Huntington Ingalls Industries Ord Shs 7,880,364 37,392

Equity Huntsman Ord Shs 1,747,138 65,880

Equity IAC InterActive Ord Shs 433,989 2,815

Equity IHS Markit Ord Shs 1,707,137 15,153

Equity Ingredion Ord Shs 574,675 6,350

Equity INTEL 18,512,053 329,748

Equity Interpublic Group of Companies Ord Shs 3,204,976 98,645

Equity Intuit Ord Shs 761,724 1,554

Equity ITT Ord Shs 634,352 6,926

Equity Jabil Ord Shs 6,437,429 110,761

Equity Jacobs Engineering Group Ord Shs 419,206 3,142

Equity JAZZ PHARMACEUTICALS 4,288,052 24,139

Equity JM Smucker Ord Shs 6,334,936 48,892

Equity JOHNSON & JOHNSON 17,989,443 109,199

Equity JPMORGAN CHASE 10,641,891 68,419

Equity Knight-Swift Transportation Holdings Ord Shs Class A 462,237 10,168

Equity Kroger Ord Shs 13,406,240 349,941

Equity Lam Research Ord Shs 9,485,254 14,577

Equity Lennar A Ord Shs 6,288,656 63,298

Equity LKQ Ord Shs 1,604,178 32,592

Equity Lockheed Martin Ord Shs 5,002,165 13,221

Equity Lowe's Companies Ord Shs 3,274,796 16,883

Equity lululemon athletica Ord Shs 1,385,426 3,796

Equity LyondellBasell Industries Ord Shs Class A 2,281,142 22,175

Equity M&T Bank Ord Shs 4,169,380 28,693

Equity MACQUARIE INFRASTRUCTURE 536,392 14,016

Equity Manhattan Associates Ord Shs 716,089 4,944

Equity Manpower Ord Shs 5,290,782 44,494

Equity Masco Ord Shs 730,013 12,392

Equity Match Group Ord Shs 868,170 5,384

Equity MCDONALD'S 2,406,454 10,418

Equity McKesson Ord Shs 5,467,934 28,592

Equity MDU Resources Group Ord Shs 1,527,574 48,742

Equity Medtronic Ord Shs 5,374,457 43,297

Equity MERCK 3,743,614 48,137

Equity Mercury General Ord Shs 1,499,306 23,084

Equity MetLife Ord Shs 1,588,838 26,547

Equity MGIC Investment Ord Shs 753,522 55,406

Equity MGM Resorts International Ord Shs 5,206,456 122,074

Equity Micron Technology Ord Shs 6,740,954 79,324

Equity MICROSOFT 82,506,659 304,565

Equity MKS Instruments Ord Shs 3,392,439 19,064

Equity Moderna Ord Shs 2,898,008 12,333

Equity Mohawk Industries Ord Shs 2,627,814 13,673

Equity Molina Healthcare Ord Shs 7,702,387 30,437

Equity Monster Beverage Ord Shs 751,171 8,223

Equity Morgan Stanley Ord Shs 1,123,478 12,253

Equity MSC Industrial Ord Shs Class A 7,114,961 79,293

Equity MSCI Ord Shs 484,037 908

Equity Newmont Ord Shs 801,313 12,643

Equity Nike Ord Shs Class B 1,716,229 11,109

Equity Northrop Grumman Ord Shs 2,209,291 6,079

Equity Nrg Energy Ord Shs 5,775,232 143,306

Equity Nu Skin Enterprises Ord Shs Class A 705,916 12,461

Equity Old Republic International Ord Shs 5,171,864 207,622

Equity Oracle Ord Shs 12,813,087 164,608

Equity Organon Ord Shs 145,641 4,813

Equity Owens Corning Ord Shs 3,647,362 37,256

Equity PACCAR Ord Shs 6,191,273 69,370

Equity Penske Automotive Group Voting Ord Shs 3,877,015 51,358

Equity Peoples United Financial Ord Shs 961,691 56,108

Equity Pepsico Ord Shs 1,461,401 9,863

Equity PFIZER 7,401,201 188,999

Equity PHILIP MORRIS INTERNATIONAL 6,500,129 65,585

Equity Pilgrims Pride Ord Shs 489,690 22,078

Equity Pinnacle West Ord Shs 5,674,619 69,228

Equity Polaris Industries Ord Shs 390,062 2,848

Equity Popular Ord Shs 10,694,550 142,499

Equity PRA Health Sciences Ord Shs 1,549,670 9,380

Equity PROCTER & GAMBLE 16,414,909 121,655

Equity Progressive Ord Shs 5,649,727 57,527

Equity Prosperity Bancshares Ord Shs 1,280,984 17,841

Equity Prudential Financial Ord Shs 3,868,345 37,751

Equity Public Service Enterprise Group Ord Shs 3,885,251 65,036

Equity Public Storage REIT Ord Shs 1,520,289 5,056

Equity Pultegroup Ord Shs 4,747,208 86,993

Equity Qorvo Ord Shs 2,976,815 15,215

Equity QUALCOMM Ord Shs 3,340,417 23,371

Equity Quanta Services Ord Shs 444,789 4,911

Equity Qurate Retail 8 0 Cumulative Redeemable Pref Shs 526,636 4,865

Equity Qurate Retail Ord Shs Series A 3,328,172 254,253

Equity Ralph Lauren Ord Shs Class A 580,332 4,926

Equity Regal Beloit Ord Shs 4,221,453 31,619

Equity Robert Half Ord Shs 3,103,807 34,886

Equity Ryder System Ord Shs 1,532,908 20,623

Equity Santander Consumer USA Holdings Ord Shs 500,090 13,769

Equity Schneider National Ord Shs Class B 1,703,459 78,248

Equity Scotts Miracle Gro Ord Shs 2,297,474 11,971

Equity Silgan Holdings Ord Shs 2,383,179 57,426

Equity Skechers USA Ord Shs Class A 1,349,596 27,084

Equity Skyworks Solutions Ord Shs 6,550,372 34,161

Equity SLM Ord Shs 1,686,968 80,562

Equity Snap On Ord Shs 4,580,762 20,502

Equity Southwest Airlines Ord Shs 4,016,896 75,662

Equity Spectrum Brands Holdings Ord Shs 752,009 8,843

Equity Sprouts Farmers Market Ord Shs 5,013,935 201,768

Equity State Street Ord Shs 2,428,001 29,509

Equity Synnex Ord Shs 8,149,640 66,932

Equity T Mobile US Ord Shs 2,331,618 16,099

Equity T Rowe Price Group Ord Shs 822,763 4,156

Equity Teladoc Health Ord Shs 579,188 3,483

Equity Teledyne Technologies Ord Shs 721,644 1,723

Equity Teradata Ord Shs 1,092,994 21,873

Equity Teradyne Ord Shs 6,163,901 46,013

Equity Tesla Ord Shs 18,529,302 27,261

Equity Texas Instrument Ord Shs 3,961,380 20,600

Equity Textron Ord Shs 3,761,169 54,692

Equity Thermo Fisher Scientific Ord Shs 11,701,182 23,195

Equity Thor Industries Ord Shs 2,780,817 24,609

Equity Timken Ord Shs 8,162,316 101,282

Equity Toll Brothers Ord Shs 926,983 16,035

Equity Trane Technologies Ord Shs 3,157,264 17,146

Equity Travelers Companies Ord Shs 6,125,834 40,918

Equity Truist Financial Ord Shs 1,640,469 29,558

Equity Tyson Foods Ord Shs Class A 6,103,861 82,753

Equity United Parcel Service Ord Shs Class B 392,023 1,885

Equity UNITED RENTALS 4,741,446 14,863

Equity United Therapeutics Ord Shs 13,483,200 75,153

Equity UnitedHealth Group Ord Shs 7,742,107 19,334

Equity Valmont Inds Ord Shs 219,763 931

Equity Veeva Systems Ord Shs Class A 1,665,137 5,355

Equity Ventas REIT Ord Shs 636,094 11,140

Equity Vereit Ord Shs 347,323 7,562

Equity VeriSign Ord Shs 2,100,440 9,225

Equity Verizon Communications Ord Shs 8,237,419 147,018

Equity Vimeo Ord Shs 223,930 4,570

Equity Virtu Financial Ord Shs Class A 1,580,795 57,213

Equity Visa Ord Shs Class A 2,020,439 8,641

Equity Vistra Ord Shs 988,233 53,274

Equity VMware Class A Ord Shs 1,070,839 6,694

Equity Walgreen Boots Alliance Ord Shs 932,881 17,732

Equity WALMART 7,926,311 56,207

Equity Waste Management Ord Shs 6,154,472 43,926

Equity Watsco Ord Shs 6,095,113 21,264

Equity Weingarten Realty Investors REIT Ord Shs 534,735 16,674

Equity Whirlpool Ord Shs 6,406,518 29,385

Equity Williams Sonoma Ord Shs 8,734,132 54,708

Equity Xerox Holdings Ord Shs 1,329,839 56,613

Equity Xilinx Ord Shs 1,361,352 9,412

Equity Yum Brands Ord Shs 923,921 8,032

Equity E-Mini S&P 500 Index Future 18,479,250 86

Disclosures:

© AQR Funds are distributed by ALPS Distributors, Inc. AQR Capital Management, LLC is the Investment Manager of the Funds and a federally registered investment adviser. ALPS Distributors is not affiliated with AQR Capital Management.

Investors should carefully consider the investment objectives, risks, charges and expenses of the Funds before investing. To obtain a prospectus or summary prospectus containing this and other important information, please call 1-866-290-2688 or visit funds.aqr.com to view or download a prospectus online. Read the prospectus carefully before you invest. There are risks involved with investing including the possible loss of principal. Past performance does not guarantee future results. © AQR Funds. All rights reserved. AQR008073 1/31/2023

Holdings are subject to change.

The information set forth herein has been obtained or derived from sources believed by AQR Capital Management, LLC ("AQR") to be reliable. However, AQR does not make any representation or warranty, express or implied, as to the information's accuracy or completeness, nor does AQR recommend that the attached information serve as the basis of any investment decision. This document is intended exclusively for the use of the person to whom it has been delivered by AQR and it is not to be reproduced or redistributed to any other person without AQR's written consent.