AQR Affiliates File Schedule 13G for 485,000 CHPGU Shares (5.63%)
Rhea-AI Filing Summary
ChampionsGate Acquisition Corp received a Schedule 13G reporting that AQR-related entities beneficially own 485,000 Class A ordinary shares (Class A, $0.0001 par value), equal to 5.63% of the class. The filing lists three reporting persons—AQR Capital Management, LLC; AQR Capital Management Holdings, LLC; and AQR Arbitrage, LLC—and shows that each reports shared voting power and shared dispositive power over all 485,000 shares with no sole voting or dispositive power. The statement includes a certification that the securities are held in the ordinary course of business and were not acquired to change or influence control of the issuer.
Positive
- Transparent disclosure of beneficial ownership at 485,000 shares (5.63%) via a Schedule 13G
- Certification included that holdings are in the ordinary course of business and not intended to influence control
- Consistent reporting across affiliates (AQR Capital Management, AQR Capital Management Holdings, AQR Arbitrage) showing unified shared voting and dispositive power
Negative
- None.
Insights
TL;DR: AQR affiliates report a meaningful passive stake of 485,000 shares (5.63%) with shared voting and dispositive power.
The Schedule 13G shows three AQR entities collectively reporting beneficial ownership of 485,000 Class A shares, representing 5.63% of ChampionsGate Acquisition Corp's Class A ordinary shares. The filing records no sole voting or dispositive power and records only shared power, indicating coordinated reporting across affiliates. The included certification states the position is held in the ordinary course and not to influence control, consistent with Schedule 13G usage for passive investors.
TL;DR: Ownership exceeds 5% and is disclosed as a passive holding; shared controls are reported across AQR entities.
The document identifies the reporting parties and class of security, and it documents that all three AQR-related reporters claim shared voting and shared dispositive authority for the full 485,000-share position while disclaiming sole authority. This alignment among affiliates and the certification language suggests a passive disclosure rather than an intent to seek control, which is material information for governance analysis because it clarifies the nature of the stake and the lack of a claimed control agenda in this filing.