AQR Capital Management, LLC, AQR Capital Management Holdings, LLC, and AQR Arbitrage, LLC report beneficial ownership of 1,409,778 Class A Ordinary Shares of New Providence Acquisition Corp. III/Cayman, representing 4.56% of the class.
AQR Capital Management, LLC, AQR Capital Management Holdings, LLC, and AQR Arbitrage, LLC report beneficial ownership of 1,409,778 Class A Ordinary Shares of New Providence Acquisition Corp. III/Cayman, representing 4.56% of the class.
The AQR entities report no sole voting or dispositive power over these shares and instead hold shared voting and shared dispositive power over 1,409,778 shares each. AQR Capital Management, LLC is a wholly owned subsidiary of AQR Capital Management Holdings, LLC, and AQR Arbitrage, LLC is deemed controlled by AQR Capital Management, LLC. The filing states ownership of 5 percent or less of the class.
Positive
None.
Negative
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Key Figures
Beneficial ownership:1,409,778 sharesPercent of class:4.56%Shared voting power:1,409,778 shares+2 more
5 metrics
Beneficial ownership1,409,778 sharesClass A Ordinary Shares beneficially owned by AQR entities
Percent of class4.56%Portion of New Providence Class A Ordinary Shares owned
Shared voting power1,409,778 sharesShares over which AQR entities share voting power
Sole voting power0 sharesShares over which AQR entities have sole voting authority
Shared dispositive power1,409,778 sharesShares 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
"6 | Shared Voting Power 1,409,778.00"
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
"8 | Shared Dispositive Power 1,409,778.00"
parent holding companyfinancial
"If a parent holding company has filed this schedule, pursuant to (ii)(G)"
subsidiaryfinancial
"attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary"
A subsidiary is a company that is controlled or owned by a larger company, known as the parent company. Think of it like a branch or division of a bigger organization; it operates separately but is ultimately guided by the parent. For investors, understanding subsidiaries helps clarify how a larger company is structured and where its resources and risks are concentrated.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake does AQR report in New Providence Acquisition Corp. III (NPAC)?
AQR-affiliated entities report beneficial ownership of 1,409,778 Class A Ordinary Shares of New Providence Acquisition Corp. III/Cayman, representing 4.56% of the outstanding Class A Ordinary Shares.
Which AQR entities are listed as reporting persons for NPAC?
The reporting persons are AQR Capital Management, LLC, AQR Capital Management Holdings, LLC, and AQR Arbitrage, LLC, all organized in the United States and sharing the same principal business address in Greenwich, Connecticut.
What voting power do the AQR entities report over NPAC shares?
The AQR entities report 0 shares with sole voting power and 1,409,778 shares with shared voting power. They also report the same split for dispositive power, with only shared authority over these shares.
Does AQR report owning 5% or more of NPAC’s Class A shares?
No. The filing shows beneficial ownership of 4.56% of NPAC’s Class A Ordinary Shares and includes the disclosure under Item 5 indicating ownership of 5 percent or less of the class.
How are the AQR entities related in this NPAC ownership filing?
AQR Capital Management, LLC is a wholly owned subsidiary of AQR Capital Management Holdings, LLC, and AQR Arbitrage, LLC is deemed to be controlled by AQR Capital Management, LLC, so they file jointly regarding this NPAC position.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 2)
New Providence Acquisition Corp. III/Cayman
(Name of Issuer)
Class A Ordinary Shares, par value $0.0001 per share
(Title of Class of Securities)
G6476A102
(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):
G6476A102
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
1,409,778.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,409,778.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,409,778.00
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)
4.56 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
CUSIP Number(s):
G6476A102
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
1,409,778.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,409,778.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,409,778.00
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)
4.56 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
CUSIP Number(s):
G6476A102
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
1,409,778.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,409,778.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,409,778.00
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)
4.56 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
New Providence Acquisition Corp. III/Cayman
(b)
Address of issuer's principal executive offices:
401 S COUNTY ROAD #2588, PALM BEACH, FLORIDA
33480
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.:
G6476A102
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:
1,409,778
(b)
Percent of class:
4.56 %
(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 - 1,409,778
AQR Capital Management Holdings, LLC - 1,409,778
AQR Arbitrage, LLC - 1,409,778
(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 - 1,409,778
AQR Capital Management Holdings, LLC - 1,409,778
AQR Arbitrage, LLC - 1,409,778
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:
08/12/2026
AQR Capital Management Holdings, LLC
Signature:
Henry Parkin
Name/Title:
Authorized Signatory
Date:
08/12/2026
AQR Arbitrage, LLC
Signature:
Henry Parkin
Name/Title:
Authorized Signatory
Date:
08/12/2026
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.
