AQR Capital Management Reports New 7.94% Stake in Concentrix Corp (CNXC)

On May 14, 2026, AQR Capital Management, LLC, and its parent holding company, AQR Capital Management Holdings, LLC, filed a Schedule 13G with the SEC disclosing a new significant ownership stake in Concentrix Corp (CNXC). As of the event date on March 31, 2026, the filers reported beneficial ownership of 4,831,868 shares of common stock, representing a 7.94% interest in the company. This position marks a substantial increase from a previous 0% holding, establishing AQR as a major institutional investor in the Newark, California-based customer experience services provider. The filing indicates that the shares were acquired in the ordinary course of business and are held for investment purposes rather than for influencing control of the issuer. AQR Capital Management, LLC serves as the investment adviser, sharing voting power over 4,756,220 shares and shared dispositive power over the full 4,831,868 shares with its parent entity. The filing was signed by Henry Parkin, Authorized Signatory for both entities.