Lyft, Inc. ownership filing: AQR Capital Management, LLC and AQR Capital Management Holdings, LLC report beneficial ownership of 11,859,729 shares of Lyft Class A common stock, representing 2.98% of the class as reported for 03/31/2026. The reported amount includes Convertible Notes representing 2,252,273 shares.
The filing states shared voting and dispositive power for the reported shares and identifies AQR Capital Management, LLC as a wholly owned subsidiary of AQR Capital Management Holdings, LLC.
Positive
None.
Negative
None.
Insights
AQR holds a small, passive stake in Lyft at just under 3%
AQR Capital Management and its holding company report beneficial ownership of 11,859,729 shares, equal to 2.98% of Class A common stock as of 03/31/2026. The filing discloses shared voting and dispositive power rather than sole control.
This stake includes 2,252,273 shares from convertible notes; subsequent filings would show whether conversion or disposition changes the percentage. Timing and cash‑flow treatment for the notes are not detailed in the excerpt.
Schedule 13G/A indicates passive ownership reporting under beneficial‑owner rules
The amendment identifies AQR Capital Management, LLC and AQR Capital Management Holdings, LLC as filers and notes the subsidiary relationship. The form lists shared voting/dispositive power of 11,859,729 shares, consistent with beneficial owner disclosure obligations.
Investors should note the filing classification and that the convertible‑note component is explicitly included; future amendments would be required if ownership thresholds or classifications change.
Key Figures
Beneficial ownership:11,859,729 sharesPercent of class:2.98%Convertible notes (shares):2,252,273 shares+1 more
4 metrics
Beneficial ownership11,859,729 sharesClass A common stock as of <date>03/31/2026</date>
Percent of class2.98%Percent of Class A common stock reported
Convertible notes (shares)2,252,273 sharesIncluded in reported beneficial ownership amount
Shared voting power11,859,729 sharesShared voting power reported for filers
Key Terms
Schedule 13G/A, Convertible Notes, Shared Dispositive Power
3 terms
Schedule 13G/Aregulatory
"Amendment No. 1 Lyf t, Inc. Class A common stock"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
Convertible Notesfinancial
"The reported amount includes Convertible Notes representing 2,252,273 shares"
Convertible notes are a type of short-term loan that a company receives from investors, which can later be turned into company shares instead of being paid back in cash. They matter to investors because they offer a way to support a company early on while giving the potential to own a stake in its success if the company grows and later raises more funding.
Shared Dispositive Powerregulatory
"Shared Dispositive Power 11,859,729.00"
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
Lyft, Inc.
(Name of Issuer)
Class A common stock, par value of $0.00001 per share
(Title of Class of Securities)
55087P104
(CUSIP Number)
03/31/2026
(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):
55087P104
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
11,859,729.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
11,859,729.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
11,859,729.00
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)
2.98 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
CUSIP Number(s):
55087P104
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
11,859,729.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
11,859,729.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
11,859,729.00
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)
2.98 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Lyft, Inc.
(b)
Address of issuer's principal executive offices:
185 BERRY STREET, SUITE 400, SAN FRANCISCO, CALIFORNIA
94107
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:
Class A common stock, par value of $0.00001 per share
(e)
CUSIP No.:
55087P104
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:
11,859,729
*The reported amount includes Convertible Notes representing 2,252,273 shares of Class A common stock, par value of $0.00001 per share
(b)
Percent of class:
2.98 %
(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 - 11,859,729
AQR Capital Management Holdings, LLC - 11,859,729
(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 - 11,859,729
AQR Capital Management Holdings, LLC - 11,859,729
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:
05/15/2026
AQR Capital Management Holdings, LLC
Signature:
Henry Parkin
Name/Title:
Authorized Signatory
Date:
05/15/2026
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.
How many Lyft (LYFT) Class A shares does AQR report owning?
AQR reports beneficial ownership of 11,859,729 shares of Lyft Class A common stock, equal to 2.98% of the class as of 03/31/2026. This total includes shares attributable to convertible notes.
Does the AQR filing include convertible securities for LYFT ownership?
Yes. The filing states the reported amount includes Convertible Notes representing 2,252,273 shares. Those notes are counted toward the beneficial ownership total in this amendment.
Who filed the Schedule 13G/A for LYFT and where are they organized?
The filing was made by AQR Capital Management, LLC and AQR Capital Management Holdings, LLC, both listed as organized in the United States with the filer address in Greenwich, Connecticut.
Does AQR report sole or shared voting power over LYFT shares?
AQR reports 0 sole voting power and 11,859,729 shared voting power for the reported shares, indicating shared control rather than exclusive voting authority over those Class A shares.
Is AQR Capital Management a subsidiary of the holding company in this filing?
Yes. The exhibit states that AQR Capital Management, LLC is a wholly owned subsidiary of AQR Capital Management Holdings, LLC, and the amendment is filed on behalf of both entities.