AQR Discloses 1.75M-Share, 7.78% Holding in TVA via Schedule 13G

Rhea-AI Filing Summary

Texas Ventures Acquisition III Corp: AQR Capital Management, AQR Capital Management Holdings and AQR Arbitrage filed a Schedule 13G reporting combined beneficial ownership of 1,750,000 Class A ordinary shares, representing 7.78% of the class. The reported position is held with shared voting and shared dispositive power; each reporting person lists 0 sole voting and 0 sole dispositive power.

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 influencing control. Reporting persons are identified as two investment-adviser entities and one holding-company entity as stated in the filing.

Positive

• Material institutional stake disclosed: AQR entities report ownership of 1,750,000 shares representing 7.78% of Class A shares.
• Certification of passive intent: The filing includes a statement that the securities are held in the ordinary course of business and not to influence control.

Negative

• No sole control reported: Each reporting person lists 0 sole voting power and 0 sole dispositive power, indicating no unilateral authority over the shares.

Insights

Financial Analyst

TL;DR: AQR entities report a material 7.78% stake (1.75M shares) in TVA, held with shared voting/dispositive power.

The filing discloses a reportable, non-controlling institutional stake above the 5% threshold: 1,750,000 shares equal to 7.78% of Class A. Ownership is reported across AQR Capital Management, AQR Capital Management Holdings and AQR Arbitrage, with the two operating entities classified as IA and the holding company as HC in the form. The schedule also contains a certification that the position is held in the ordinary course of business and not to influence control, indicating a passive investment reporting posture based on the filer’s statement.

Corporate Governance Expert

TL;DR: Schedule 13G shows material ownership but no sole control; voting and disposition are reported as shared.

The document shows 0 sole voting and 0 sole dispositive power and reports shared voting and dispositive power over 1,750,000 shares. The filing form classifies the reporting entities (two as investment advisers, one as a holding company) and includes the required certification about ordinary-course holdings. From a governance perspective, the structure reported here reflects a significant economic stake without asserted unilateral control according to the filing’s own statements.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Texas Ventures Acquisition III Corp

(Name of Issuer)

Class A ordinary shares, par value $0.0001 per share

(Title of Class of Securities)

G8772L105

(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. G8772L105

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 1,750,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,750,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,750,000.00

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)

7.78 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

CUSIP No. G8772L105

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 1,750,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,750,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,750,000.00

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)

7.78 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

CUSIP No. G8772L105

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 1,750,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,750,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,750,000.00

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)

7.78 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Texas Ventures Acquisition III Corp
(b)	Address of issuer's principal executive offices: C/O TEXAS VENTURES MGMT LL, 5090 RICHMOND AVE, SUITE 319, HOUSTON, TEXAS 77056
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.: G8772L105
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: 1,750,000* *Units representing 1,750,000 shares of Class A ordinary shares, par value $0.0001 per share
(b)	Percent of class: 7.78 %
(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 - 1,750,000 AQR Capital Management Holdings, LLC - 1,750,000 AQR Arbitrage, LLC - 1,750,000
	(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 - 1,750,000 AQR Capital Management Holdings, LLC - 1,750,000 AQR Arbitrage, LLC - 1,750,000
Item 5.	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:	08/13/2025

AQR Capital Management Holdings, LLC

Signature:	Henry Parkin
Name/Title:	Authorized Signatory
Date:	08/13/2025

AQR Arbitrage, LLC

Signature:	Henry Parkin
Name/Title:	Authorized Signatory
Date:	08/13/2025

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

How many TVA shares does AQR report owning?

The filing reports beneficial ownership of 1,750,000 Class A shares of Texas Ventures Acquisition III Corp.

What percentage of TVA does AQR's position represent?

The reported ownership represents 7.78% of the Class A ordinary shares.

Which AQR entities filed the Schedule 13G for TVA?

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

Does AQR claim sole voting or dispositive power over the TVA shares?

No. The filing indicates 0 sole voting power and 0 sole dispositive power; voting and dispositive power are reported as shared.

Does the filing state AQR acquired the shares to influence control of TVA?

The certification in the filing states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control.

What class of securities is covered by the Schedule 13G?

The report covers Class A ordinary shares, par value $0.0001 per share of Texas Ventures Acquisition III Corp (TVA).