AQR Capital Management Discloses New 5.23% Stake in Kyndryl Holdings, Inc. (KD)

AQR Capital Management, LLC, along with its parent holding company AQR Capital Management Holdings, LLC, filed a Schedule 13G on May 14, 2026, regarding its position in Kyndryl Holdings, Inc. (KD). The filing indicates that AQR Capital Management has acquired a 5.23% stake in the company, representing 11,795,558 shares of common stock. The event triggering this filing occurred on March 31, 2026. This position represents a new significant holding for the investment manager, as the previous reported ownership was zero. The reporting persons share voting power over 11,555,566 shares and shared dispositive power over the full 11,795,558 shares. The filing was made under Rule 13d-1(b), certifying that the securities were acquired in the ordinary course of business and not with the intent to change or influence the control of the issuer. Kyndryl Holdings is headquartered in New York, and AQR operates out of Greenwich, Connecticut. This institutional accumulation marks a notable increase in interest from a quantitative investment firm in the IT infrastructure services provider.