QLERX — AQR Long-Short Equity Fund
Data updated: 2026-08-27
QLERX — AQR Long-Short Equity Fund. Global (incl. US) Mid Cap Blend / Core Equity · $7.86B AUM. Holdings, fees, performance and SEC filings.
QLERX Fund Overview
QLERX — AQR Long-Short Equity Fund is a US mutual fund managed by AQR Funds, categorised as Global (incl. US) Mid Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: AQR Funds
- Category: Global (incl. US) Mid Cap Blend / Core Equity
- Assets under management: $7.86B
- 1-year return: 10.3%
- Ticker: QLERX
- SEC CIK: 0001444822
- SEC series ID: S000041116
- Share class ID: C000145944
QLERX Holdings
Top 10 holdings of AQR Long-Short Equity Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Limited Purpose Cash Investment Fund | 22.25% |
| United States of America | 2.49% |
| United States of America | 2.47% |
| United States of America | 2.40% |
| United States of America | 2.39% |
| United States of America | 2.28% |
| United States of America | 2.28% |
| United States of America | 1.90% |
| United States of America | 1.90% |
| United States of America | 1.89% |
QLERX Portfolio Allocation
Asset-class allocation of AQR Long-Short Equity Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 232.7% |
| Cash & Equivalents | 54.6% |
| Other | 0.7% |
| Derivatives | 0.3% |
QLERX Performance
Total returns for QLERX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | -3.5% |
| 1 year | 10.3% |
| 3 years (annualised) | 24.5% |
| 5 years (annualised) | 22.3% |
QLERX Risk Information
Risk metrics for QLERX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 8.3%
QLERX Costs and Fees
QLERX costs about $568 per $10,000 invested per year in fund expenses.
- Net expense ratio: 5.68%
- Gross expense ratio: 5.68%
- Portfolio turnover: 296%
- Brokerage commissions: 4.50 bps of average net assets (SEC N-CEN)
QLERX Cashflows
Over the 12 months to 2026-06, AQR Long-Short Equity Fund had net inflows of $2.21B, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$39.74M |
| 2026-05 | −$45.24M |
| 2026-04 | −$76.84M |
| 2026-03 | $73.19M |
| 2026-02 | $113.86M |
| 2026-01 | $182.41M |
QLERX Debt Constituents
No individual debt constituents are reported in AQR Long-Short Equity Fund's latest SEC N-PORT filing.
QLERX Prospectus and SEC Filings
Official AQR Long-Short Equity Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-28
- Prospectus (485BPOS) — filed 2025-04-25
- Prospectus supplement (497) — filed 2026-03-30
- Portfolio holdings (N-PORT) — filed 2026-08-27
- Portfolio holdings (N-PORT) — filed 2026-05-22
- Portfolio holdings (N-PORT) — filed 2026-02-26
- Annual census (N-CEN) — filed 2026-03-12
- Annual census (N-CEN) — filed 2025-03-11
Related Funds
Other Global (incl. US) Mid Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.