AQR Capital Management Reports New 7.94% Stake in Concentrix Corp

AQR Capital Management, LLC, along with its parent holding company AQR Capital Management Holdings, LLC, has filed a Schedule 13G indicating a new substantial position in Concentrix Corp (CNXC). As of the event date on March 31, 2026, the filers reported aggregate beneficial ownership of 4,831,868 shares of common stock, representing a 7.94% ownership stake in the company. This filing marks an increase from a previous 0% holding, establishing AQR as a significant institutional shareholder. The reporting entities share dispositive power over all 4,831,868 shares and shared voting power over 4,756,220 shares. The filing was made under Rule 13d-1(b), certifying that the securities were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer. Concentrix Corp is headquartered in Newark, California, and the securities held have a par value of $0.0001 per share.