AQR tax-aware long/short surges, plus a few memes

If Trump eliminates capital gains tax (or capital gains 🤨), I may have to re-brand as Tariff Alpha Insider.

AQR tax-aware long/short just jumped to $21.7 billion

Up from $13.2 billion at the end of last year.

Source: AQR. From their website… All figures are approximate as of 3/31/2025; AUM includes assets managed by AQR and its advisory affiliates. 1. The ~$21.7 billion represents assets invested by our clients (as compared to Regulatory Assets Under Management…