AQR Capital Management, LLC, together with AQR Capital Management Holdings, LLC and AQR Arbitrage, LLC, has filed an amended Schedule 13G reporting beneficial ownership of 523,030 Chenghe Acquisition III Co. Class A ordinary shares, representing 4.01% of the class as of 12/31/2025.
The three AQR entities report shared voting and dispositive power over all 523,030 shares and no sole voting or dispositive power. They certify the position was acquired and is held in the ordinary course of business and not with the purpose of changing or influencing control of Chenghe Acquisition III Co.
Positive
None.
Negative
None.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
Chenghe Acquisition III Co.
(Name of Issuer)
Class A ordinary shares, par value $0.0001 per share
(Title of Class of Securities)
G2086N105
(CUSIP Number)
12/31/2025
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
SCHEDULE 13G
CUSIP No.
G2086N105
1
Names of Reporting Persons
AQR Capital Management, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
523,030.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
523,030.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
523,030.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.01 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
CUSIP No.
G2086N105
1
Names of Reporting Persons
AQR Capital Management Holdings, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
523,030.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
523,030.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
523,030.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.01 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
CUSIP No.
G2086N105
1
Names of Reporting Persons
AQR Arbitrage, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
523,030.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
523,030.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
523,030.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.01 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Chenghe Acquisition III Co.
(b)
Address of issuer's principal executive offices:
89 NEXUS WAY, CAMANA BAY, GRAND CAYMAN, CAYMAN ISLANDS
KY1-9009
Item 2.
(a)
Name of person filing:
AQR Capital Management, LLC
AQR Capital Management Holdings, LLC
AQR Arbitrage, LLC
(b)
Address or principal business office or, if none, residence:
ONE GREENWICH PLAZA
SUITE 130
Greenwich, Connecticut
06830
(c)
Citizenship:
AQR Capital Management, LLC - UNITED STATES
AQR Capital Management Holdings, LLC - UNITED STATES
AQR Arbitrage, LLC - UNITED STATES
(d)
Title of class of securities:
Class A ordinary shares, par value $0.0001 per share
(e)
CUSIP No.:
G2086N105
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
523,030
(b)
Percent of class:
4.01 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
AQR Capital Management, LLC - 0
AQR Capital Management Holdings, LLC - 0
AQR Arbitrage, LLC - 0
(ii) Shared power to vote or to direct the vote:
AQR Capital Management, LLC - 523,030
AQR Capital Management Holdings, LLC - 523,030
AQR Arbitrage, LLC - 523,030
(iii) Sole power to dispose or to direct the disposition of:
AQR Capital Management, LLC - 0
AQR Capital Management Holdings, LLC - 0
AQR Arbitrage, LLC - 0
(iv) Shared power to dispose or to direct the disposition of:
AQR Capital Management, LLC - 523,030
AQR Capital Management Holdings, LLC - 523,030
AQR Arbitrage, LLC - 523,030
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
See Item 2(a) above.
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
AQR Capital Management, LLC
Signature:
Henry Parkin
Name/Title:
Authorized Signatory
Date:
02/11/2026
AQR Capital Management Holdings, LLC
Signature:
Henry Parkin
Name/Title:
Authorized Signatory
Date:
02/11/2026
AQR Arbitrage, LLC
Signature:
Henry Parkin
Name/Title:
Authorized Signatory
Date:
02/11/2026
Exhibit Information
AQR Capital Management Holdings, LLC, AQR Capital Management, LLC, and AQR Arbitrage, LLC hereby agree that this Schedule 13G is filed on behalf of each of the parties. 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.
What stake does AQR report in Chenghe Acquisition III Co. (CHEC)?
AQR entities report beneficial ownership of 523,030 Class A ordinary shares of Chenghe Acquisition III Co., representing 4.01% of the outstanding class as of 12/31/2025. This reflects a minority, sub-5% position disclosed on an amended Schedule 13G.
Which AQR entities are included in this Chenghe Acquisition III (CHEC) filing?
The filing covers AQR Capital Management, LLC, AQR Capital Management Holdings, LLC, and AQR Arbitrage, LLC. AQR Capital Management, LLC is wholly owned by AQR Capital Management Holdings, LLC, and AQR Arbitrage, LLC is deemed controlled by AQR Capital Management, LLC.
How much voting power do AQR entities have in Chenghe Acquisition III (CHEC)?
The AQR entities report 0 shares with sole voting power and 523,030 shares with shared voting power. They also report identical figures for dispositive power, indicating all reported shares are controlled on a shared, not individual, basis among the AQR entities.
Why did AQR file an amended Schedule 13G for Chenghe Acquisition III (CHEC)?
The amended Schedule 13G updates AQR’s beneficial ownership in Chenghe Acquisition III Co. as of 12/31/2025. AQR certifies the shares were acquired and are held in the ordinary course of business, without the purpose of changing or influencing control of the issuer.
Is AQR’s ownership in Chenghe Acquisition III (CHEC) above 5% of the class?
No. The filing states AQR’s beneficial ownership of Chenghe Acquisition III Co. Class A shares is 4.01% of the class. Item 5 notes ownership of 5 percent or less of the class, confirming the position is below the 5% reporting threshold.
Do AQR entities seek to influence control of Chenghe Acquisition III (CHEC)?
The AQR entities explicitly certify the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Chenghe Acquisition III Co., nor in connection with any transaction having that purpose or effect.