AQR Group Holds 4.98% of DRDBU Class A Shares — Schedule 13G/A
Rhea-AI Filing Summary
AQR Capital Management, LLC and affiliates AQR Capital Management Holdings, LLC and AQR Arbitrage, LLC reported beneficial ownership of 1,145,577 Class A ordinary shares of Roman DBDR Acquisition Corp. II, representing 4.98% of the class. The filing states the reporting persons have no sole voting or dispositive power and instead hold shared voting and shared dispositive power over the disclosed shares.
The Schedule 13G/A identifies the reporting entities and their relationships (AQR Capital Management, LLC is a subsidiary of AQR Capital Management Holdings, LLC; AQR Arbitrage, LLC is deemed controlled by AQR Capital Management, LLC) and includes a certification that the securities are held in the ordinary course of business.
Positive
- Filing discloses 1,145,577 shares (4.98%) beneficially owned by AQR entities, providing clear transparency on ownership concentration.
Negative
- None.
Insights
TL;DR: Routine disclosure of a sub-5% passive stake; transparency without control intent.
The filing documents a 4.98% beneficial position (1,145,577 shares) held by AQR entities with shared voting and dispositive power and no sole authority. Because the stake is below the 5% threshold, this disclosure aligns with passive ownership reporting under Schedule 13G/A and does not, by itself, indicate an attempt to influence or control the issuer. For investors, the filing is informative about ownership concentration but is unlikely to drive immediate valuation changes.
TL;DR: Governance disclosure is complete and indicates coordinated reporting among AQR entities.
The document identifies the reporting persons and explicitly states their organizational relationships, including that AQR Capital Management, LLC is a subsidiary of AQR Capital Management Holdings, LLC and that AQR Arbitrage, LLC is controlled by AQR Capital Management, LLC. Item disclosures show shared voting/dispositive power and a certification that holdings are in the ordinary course of business. This filing meets Schedule 13G/A requirements for passive investors and clarifies that no single AQR entity holds sole control over the position.