AQR Capital divests 335,000 shares (99.7% of stake) at $10.80; retains 1,103 shares post-sale.
AQR Capital Management Holdings, LLC filed 10 separate sales totaling 335,000 shares for $3,618,000.00 on 2026-03-23, executed at a blended average price of $10.80 per share. This represents a near-complete exit, reducing the 10% owner's position from 336,103 shares to 1,103 shares (a -99.7% reduction). The sale occurs at current price of $10.80, within the 52-week range of $10.28–$11.00 and -1.8% from the 52-week high. The issuer's fundamentals show negative net income of $-58,902.00 and a P/E of 25.12 on a $62.0M market cap. Prior IBAC trades by this insider (5 sales on 2025-10-09) showed 0 of 5 well-timed at the 90-day mark; the cross-ticker track record reports a 45.00% well-timed rate across 20 prior sells. The magnitude and near-total nature of this stake reduction warrants investor attention to the motivation and timing context underlying this strategic liquidation.
10% owner AQR Capital sells 195,806 shares for $2.0M, reducing stake by 98.9% to 2.2K shares
AQR Capital Management Holdings, LLC filed Form 4 disclosing 11 separate sales totaling 195,806 shares for $2,044,214.64 on 2025-10-09, all executed at $10.44. The sales reduce AQR's holdings from 197,968 shares to 2,162 shares, representing a -98.9% reduction in their IBAC position. Just prior to this substantial liquidation, AQR executed 5 separate sell transactions on 2025-09-29. The cumulative pattern—5 sales on one date followed by 11 on another within a 10-day window—indicates systematic position unwinding rather than market-driven or opportunistic selling. With the stock trading at $10.44 current price within its 52-week range of $10.01–$10.60 and only -1.5% from the 52-week high, the timing shows AQR liquidating near the upper end of the stock's recent range. An investor reviewing this filing should note both the extent of the exit (98.9% reduction) and the execution pattern as material changes in significant insider ownership.
AQR Capital Management sold 122.3K shares (97.5% of holdings) for $1.3M at $10.50 on 2025-09-29
AQR Capital Management Holdings, LLC, a 10% owner of IB Acquisition Corp., executed 11 separate sales totaling 122.3K shares for $1.3M at $10.50 on 2025-09-29, reducing its position from 125.4K shares to 3.1K shares—a near-complete exit of the holding. The transaction occurred at $10.50, which is -0.9% from the 52-week high of $10.60 and near the midpoint of the 52-week range ($10.00–$10.60), indicating the sales were not executed during a period of depressed valuation. While AQR's cross-ticker track record shows 20 prior sales with an average 30-day return of +0.8%, this alone provides limited insight into current dynamics, as IBAC represents a special-purpose acquisition vehicle with highly concentrated fundamentals (P/E of 45.65, net income of $818.6K on a $165.4M market cap). The scale of the position reduction—from a material 10% holding to a rounding-error residual—warrants investor scrutiny of the relationship between AQR and IBAC and any changes in that entity's prospects or strategic direction.
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