[SCHEDULE 13G/A] Kyndryl Holdings, Inc. Amended Passive Investment Disclosure
AQR discloses 6.64% stake in Kyndryl
AQR Capital Management Holdings, LLC and its wholly owned subsidiary AQR Capital Management, LLC report beneficial ownership of Kyndryl Holdings, Inc. common stock.
AQR Capital Management Holdings, LLC and its wholly owned subsidiary AQR Capital Management, LLC report beneficial ownership of Kyndryl Holdings, Inc. common stock. They together beneficially own 14,636,830 shares of common stock, representing 6.64% of the class as of June 30, 2026.
Both entities report shared voting power over 14,398,694 shares and shared dispositive power over 14,636,830 shares, with no sole voting or sole dispositive power. The securities class is Kyndryl common stock, par value $0.01 per share, CUSIP 50155Q100.
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Key Figures
Beneficial ownership:14,636,830 sharesPercent of class:6.64%Shared voting power:14,398,694 shares+1 more
4 metrics
Beneficial ownership14,636,830 sharesKyndryl common stock beneficially owned by AQR entities as of June 30, 2026
Percent of class6.64%Portion of Kyndryl common stock class held by AQR entities
Shared voting power14,398,694 sharesKyndryl shares over which AQR entities share voting power
Shared dispositive power14,636,830 sharesKyndryl shares over which AQR entities share dispositive power
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
shared voting powerfinancial
"Shared Voting Power 14,398,694.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
shared dispositive powerfinancial
"Shared Dispositive Power 14,636,830.00"
parent holding companyfinancial
"If a parent holding company has filed this schedule"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What percentage of Kyndryl (KD) does AQR Capital Management report owning?
AQR Capital Management entities report beneficial ownership of 6.64% of Kyndryl Holdings, Inc. common stock. This corresponds to 14,636,830 shares of KD common stock as of June 30, 2026, according to the ownership disclosure.
How many Kyndryl (KD) shares does AQR Capital Management beneficially own?
AQR Capital Management entities beneficially own 14,636,830 Kyndryl common shares. This stake represents 6.64% of the outstanding common stock and reflects their combined economic interest and dispositive power in KD.
What voting power does AQR have over Kyndryl (KD) shares?
AQR reports shared voting power over 14,398,694 Kyndryl shares and no sole voting power. Voting authority is therefore exercised jointly over most of the beneficially owned position rather than individually by either AQR entity.
What dispositive power does AQR have over its Kyndryl (KD) holdings?
AQR entities report shared dispositive power over 14,636,830 Kyndryl shares and no sole dispositive power. This means decisions to sell or otherwise dispose of these KD shares are made on a shared basis.
Who are the reporting AQR entities in the Kyndryl (KD) ownership disclosure?
The reporting entities are AQR Capital Management Holdings, LLC and its wholly owned subsidiary AQR Capital Management, LLC. Both are organized in the United States and share beneficial ownership and authority over the KD shares.
Where are Kyndryl (KD) and AQR Capital Management based?
Kyndryl’s principal executive offices are at One Vanderbilt Avenue, 15th Floor, New York, NY 10017. AQR’s principal business office is at One Greenwich Plaza, Suite 130, Greenwich, Connecticut 06830, as stated in the ownership report.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
Kyndryl Holdings, Inc.
(Name of Issuer)
Common stock, par value $0.01 per share
(Title of Class of Securities)
50155Q100
(CUSIP Number)
06/30/2026
(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)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
50155Q100
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
14,398,694.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
14,636,830.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
14,636,830.00
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)
6.64 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
CUSIP Number(s):
50155Q100
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
14,398,694.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
14,636,830.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
14,636,830.00
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)
6.64 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Kyndryl Holdings, Inc.
(b)
Address of issuer's principal executive offices:
ONE VANDERBILT AVENUE, 15TH FLOOR, NEW YORK, NEW YORK
10017
Item 2.
(a)
Name of person filing:
AQR Capital Management, LLC
AQR Capital Management Holdings, 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
(d)
Title of class of securities:
Common stock, par value $0.01 per share
(e)
CUSIP No.:
50155Q100
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:
14,636,830
(b)
Percent of class:
6.64 %
(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
(ii) Shared power to vote or to direct the vote:
AQR Capital Management, LLC - 14,398,694
AQR Capital Management Holdings, LLC - 14,398,694
(iii) Sole power to dispose or to direct the disposition of:
AQR Capital Management, LLC - 0
AQR Capital Management Holdings, LLC - 0
(iv) Shared power to dispose or to direct the disposition of:
AQR Capital Management, LLC - 14,636,830
AQR Capital Management Holdings, LLC - 14,636,830
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
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:
08/13/2026
AQR Capital Management Holdings, LLC
Signature:
Henry Parkin
Name/Title:
Authorized Signatory
Date:
08/13/2026
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.
