Billionaire Cliff Asness’ 5 New Stock Picks

2. EQT Corporation (NYSE:EQT)

AQR Capital Management’s Stake Value as of 9/30: $9,468,000

Percentage of AQR Capital Management’s 13F Portfolio as of 9/30: 0.02%

In Q3, AQR Capital Management bought a new stake worth $9,468,000 in EQT Corporation (NYSE:EQT) that accounted for around 0.02% of the fund’s total 13F portfolio. EQT Corporation (NYSE:EQT) is a leading natural gas production company in the United States. In Q3, EQT Corporation (NYSE:EQT) reported adjusted EPS of $1.04 on sales of $2.07 billion versus the estimate of $1.04 and $1.76 billion. Given natural gas prices have surged in 2022 due to the Russia-Ukraine war, shares of EQT Corporation (NYSE:EQT) have risen 91% year to date.