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[SCHEDULE 13G/A] Concentrix Corporation SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

AQR Capital Management, LLC and its parent AQR Capital Management Holdings, LLC report shared beneficial ownership of 4,305,469 shares of Concentrix common stock, representing 6.83% of the class. Both entities disclose shared voting and shared dispositive power over these shares and report no sole voting or sole dispositive power.

The filing states the securities are held in the ordinary course of business and were not acquired to change or influence control of the issuer. AQR Capital Management, LLC is identified as a wholly owned subsidiary of AQR Capital Management Holdings, LLC.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: AQR holds a material 6.83% position in Concentrix with shared control; filer asserts passive, ordinary-course ownership.

The reported 4,305,469-share stake crosses the 5% materiality threshold that typically warrants investor attention. The filing shows only shared voting and dispositive power and includes a certification that the position was not acquired to influence control, consistent with a passive institutional holding disclosed on Schedule 13G. For investors, the key near-term implication is increased ownership concentration by a major asset manager but without an explicit activist intent.

TL;DR: AQR's 6.83% stake gives it potential influence but the filing shows shared power and denies control-seeking intent.

The filing documents shared voting and dispositive power rather than sole control, and the signatory certifies the holdings are not intended to effect a change in control. The parent/subsidiary relationship between the two reporting entities is disclosed, clarifying internal reporting. From a governance perspective, this is a material ownership disclosure that does not, on its face, signal an imminent governance campaign.






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





SCHEDULE 13G





SCHEDULE 13G



AQR Capital Management, LLC
Signature:Henry Parkin
Name/Title:Authorized Signatory
Date:08/14/2025
AQR Capital Management Holdings, LLC
Signature:Henry Parkin
Name/Title:Authorized Signatory
Date:08/14/2025
Exhibit Information

AQR Capital Management Holdings, LLC and AQR Capital Management, 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.

FAQ

How many Concentrix (CNXC) shares does AQR report owning?

AQR reports beneficial ownership of 4,305,469 shares of Concentrix common stock.

What percentage of Concentrix does AQR's holding represent?

The reported stake represents 6.83% of Concentrix's outstanding common stock.

Which AQR entities filed the Schedule 13G for CNXC?

The filing is by AQR Capital Management, LLC and AQR Capital Management Holdings, LLC, with AQR Capital Management, LLC identified as a wholly owned subsidiary of the holding company.

Does AQR have sole voting or dispositive power over these shares?

No. The filing discloses 0 sole voting and 0 sole dispositive power and reports shared voting and shared dispositive power for 4,305,469 shares.

Was the stake acquired to influence control of Concentrix?

The filing 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.
Concentrix

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