AQR Capital Management LLC raised its stake in Altaba Inc (NASDAQ:YHOO) by 10.6% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 115,947 shares of the company’s stock after buying an additional 11,096 shares during the period. AQR Capital Management LLC’s holdings in Altaba were worth $5,381,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. boosted its position in Altaba by 3.4% in the first quarter. Vanguard Group Inc. now owns 57,826,148 shares of the company’s stock worth $2,683,712,000 after buying an additional 1,901,680 shares during the period. Geode Capital Management LLC boosted its position in Altaba by 9.0% in the first quarter. Geode Capital Management LLC now owns 8,690,598 shares of the company’s stock worth $402,763,000 after buying an additional 714,987 shares during the period. Cibc World Markets Corp boosted its position in Altaba by 26.6% in the first quarter. Cibc World Markets Corp now owns 5,642,129 shares of the company’s stock worth $261,851,000 after buying an additional 1,185,332 shares during the period. Legal & General Group Plc boosted its position in Altaba by 2.3% in the first quarter. Legal & General Group Plc now owns 4,283,566 shares of the company’s stock worth $198,803,000 after buying an additional 94,816 shares during the period. Finally, Naya Capital Management UK Ltd. boosted its position in Altaba by 51.0% in the first quarter. Naya Capital Management UK Ltd. now owns 4,078,364 shares of the company’s stock worth $189,277,000 after buying an additional 1,377,664 shares during the period.

TRADEMARK VIOLATION NOTICE: “AQR Capital Management LLC Has $5.38 Million Stake in Altaba Inc (NASDAQ:YHOO)” was first posted by Daily Political and is the sole property of of Daily Political. If you are accessing this story on another domain, it was illegally copied and reposted in violation of United States & international copyright & trademark law. The legal version of this story can be accessed at https://www.dailypolitical.com/2017/07/17/aqr-capital-management-llc-has-5-38-million-stake-in-altaba-inc-nasdaqyhoo.html.

Altaba Company Profile

Altaba Inc (the Fund), formerly Yahoo! Inc, is a non-diversified, closed-end management investment company. The Fund seeks to track the combined investment return of the Alibaba Shares and the Yahoo Japan Shares it owns. Alibaba Shares represent an approximate 15% equity interest in Alibaba Group Holding Limited (Alibaba), and its Yahoo Japan Corporation ((Yahoo Japa) Shares represent an approximate 36% equity interest in Yahoo Japan.

Want to see what other hedge funds are holding YHOO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Altaba Inc (NASDAQ:YHOO).

Institutional Ownership by Quarter for Altaba (NASDAQ:YHOO)

Receive News & Ratings for Altaba Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Altaba Inc and related companies with MarketBeat.com's FREE daily email newsletter.