AQR Capital's Q2 13F shows increased conviction in mega-cap tech, boosting stakes in NVIDIA and Apple, while making massive additions to Synopsys (+972%), Wells Fargo (+274%), and Booking Holdings (+1501%).

In the second quarter of 2026, AQR Capital Management significantly increased its exposure to several mega-cap technology stocks within its $286.85 billion portfolio. The firm boosted its holdings in NVIDIA (NVDA) by 18% to $7.48 billion, Apple (AAPL) by 20% to $5.01 billion, Microsoft (MSFT) by 14% to $4.26 billion, Amazon (AMZN) by 26% to $2.84 billion, and Alphabet (GOOG) by 22% to $2.24 billion. These moves represent a substantial concentration of capital into the market's largest technology leaders.

Within the broader technology and semiconductor space, AQR's activity was mixed. While increasing its NVDA stake, the firm also significantly raised its bet on Advanced Micro Devices (AMD) by 71% to $936.76 million and made a massive 972% addition to its Synopsys (SNPS) position, bringing it to $672.49 million. Conversely, AQR trimmed its holdings in other chip-related companies, reducing its Micron Technology (MU) stake by 15% to $4.43 billion and its Intel (INTC) position by 6% to $1.47 billion.

Beyond technology, AQR made several dramatic increases in other sectors. The financial sector saw a 274% surge in the firm's Wells Fargo (WFC) holdings to $888.37 million and a 74% increase in JPMorgan Chase (JPM) to $930.35 million. The travel and consumer sectors also saw major boosts, with Booking Holdings (BKNG) increasing by over 1500% to $909.11 million and Home Depot (HD) rising by 396% to $514.33 million. Other notable increases include a 269% addition to Chevron (CHV) and a 786% increase in industrial firm Parker-Hannifin (PH). On the other hand, the firm notably reduced its stake in Walmart (WMT) by 35%.

Position changes