[SCHEDULE 13G/A] M3-Brigade Acquisition V Corp. Warrant SEC Filing

Rhea-AI Filing Summary

This Schedule 13G/A (Amendment No. 2) shows that AQR Capital Management, LLC, AQR Capital Management Holdings, LLC and AQR Arbitrage, LLC together beneficially own 992,006 Class A ordinary shares of M3-Brigade Acquisition V Corp., representing 3.45% of the class. The filing reports no sole voting or dispositive power and states shared voting and shared dispositive power of 992,006 shares across the AQR entities.

The document lists the issuer address at 1700 Broadway, New York, NY, and the AQR office at One Greenwich Plaza, Greenwich, CT. Signatures by Henry Parkin appear with date 08/14/2025. The filing includes a certification that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Positive

• 992,006 shares beneficially owned disclosed clearly
• 3.45% of class reported, meeting SEC disclosure thresholds
• Filing includes standard certification that holdings are in the ordinary course of business

Negative

• No sole voting or dispositive power reported for any AQR entity
• Position is below 5%, indicating no control or presumptive material influence

Insights

Financial Analyst

TL;DR AQR discloses a non-control 3.45% stake (992,006 shares) in M3-Brigade Acquisition V; routine Schedule 13G/A disclosure.

The filing documents a modest institutional position below the 5% threshold, with shared voting and dispositive power but no sole control. This is a passive disclosure consistent with holdings reported under Rule 13d-1(b). From a market-impact perspective, the position size is unlikely to alter control or trigger major governance shifts, though it is material enough to be reportable and informs holders about a notable institutional owner.

Corporate Governance Expert

TL;DR Disclosure indicates shared authority across AQR entities and an explicit certification that holdings are not intended to influence control.

The report clarifies allocation of voting and dispositive power among AQR-affiliated entities and includes the standard certification that the securities are held in the ordinary course of business and not to affect control. Because the ownership is 3.45% and the filing specifies no sole voting or dispositive power, this remains a routine governance disclosure rather than an indication of coordinated control actions or an activist intent.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

M3-Brigade Acquisition V Corp.

(Name of Issuer)

Class A ordinary shares, par value $0.0001 per share

(Title of Class of Securities)

G63212107

(CUSIP Number)

06/30/2025

(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)

SCHEDULE 13G

CUSIP No. G63212107

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 992,006.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 992,006.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

992,006.00

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)

3.45 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

CUSIP No. G63212107

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 992,006.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 992,006.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

992,006.00

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)

3.45 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

CUSIP No. G63212107

1

Names of Reporting Persons

AQR Arbitrage, 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 992,006.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 992,006.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

992,006.00

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)

3.45 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: M3-Brigade Acquisition V Corp.
(b)	Address of issuer's principal executive offices: 1700 BROADWAY, 19TH FLOOR, NEW YORK, NEW YORK 10019
Item 2.
(a)	Name of person filing: AQR Capital Management, LLC AQR Capital Management Holdings, LLC AQR Arbitrage, 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 AQR Arbitrage, LLC - UNITED STATES
(d)	Title of class of securities: Class A ordinary shares, par value $0.0001 per share
(e)	CUSIP No.: G63212107
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: 992,006
(b)	Percent of class: 3.45 %
(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 AQR Arbitrage, LLC - 0
	(ii) Shared power to vote or to direct the vote: AQR Capital Management, LLC - 992,006 AQR Capital Management Holdings, LLC - 992,006 AQR Arbitrage, LLC - 992,006
	(iii) Sole power to dispose or to direct the disposition of: AQR Capital Management, LLC - 0 AQR Capital Management Holdings, LLC - 0 AQR Arbitrage, LLC - 0
	(iv) Shared power to dispose or to direct the disposition of: AQR Capital Management, LLC - 992,006 AQR Capital Management Holdings, LLC - 992,006 AQR Arbitrage, LLC - 992,006
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:	08/14/2025

AQR Capital Management Holdings, LLC

Signature:	Henry Parkin
Name/Title:	Authorized Signatory
Date:	08/14/2025

AQR Arbitrage, LLC

Signature:	Henry Parkin
Name/Title:	Authorized Signatory
Date:	08/14/2025

Exhibit Information

AQR Capital Management Holdings, LLC, AQR Capital Management, LLC, and AQR Arbitrage, 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. AQR Arbitrage, LLC is deemed to be controlled by AQR Capital Management, LLC.

FAQ

What stake did AQR report in M3-Brigade Acquisition V (MBAVW)?

AQR reports beneficial ownership of 992,006 shares, equal to 3.45% of the Class A ordinary shares.

Which AQR entities filed the Schedule 13G/A?

The filing lists AQR Capital Management, LLC, AQR Capital Management Holdings, LLC, and AQR Arbitrage, LLC as reporting persons.

Does AQR claim voting or dispositive control over the shares?

The filing states no sole voting or dispositive power and reports shared voting and shared dispositive power of 992,006 shares.

When was the Schedule 13G/A signed?

Signatures by Henry Parkin are dated 08/14/2025 in the filing.

Where are the issuer and filer principal offices listed?

Issuer address: 1700 Broadway, 19th Floor, New York, NY. Filer address: One Greenwich Plaza, Suite 130, Greenwich, CT.