AQR Capital Management, LLC has filed a Form 8.3 opening position disclosure with the Irish Takeover Panel, revealing a total interest of 1.59% in DCC Energy plc as at 11 November 2026. The Connecticut-based quantitative investment firm holds 1,358,313 ordinary shares and cash-settled derivatives across its long positions, alongside a small short position representing 0.04% of the company. The disclosure is required under Rule 8.3 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, which obliges any party holding 1% or more of relevant securities in an offeror or offeree to make their position public during a live offer period.

Key Points

  • AQR Capital Management, LLC — filing relates to DCC Energy plc (DCC)
  • AQR has disclosed a total long interest of 1,358,313 shares, equating to 1.59% of DCC Energy plc's €0.25 ordinary shares
  • Dealings recorded on 11 November 2026 include equity purchases of 7,855 shares at £64.6028 each and equity swap increases totalling 8,819 reference securities
  • Investors should watch for further Rule 8.3 disclosures as the offer period progresses and institutional positioning evolves

AQR's 1.59% Long Position in DCC Energy plc Broken Down by Security Type

The Form 8.3 disclosure shows AQR Capital Management holds 628,691 DCC Energy ordinary shares outright, representing 0.74% of the relevant share class. In addition, the firm reports 729,622 reference securities through cash-settled derivatives, equating to 0.85%, bringing its combined long exposure to 1,358,313 securities and a total interest of 1.59%. On the short side, AQR holds 30,063 owned or controlled securities (0.04%) and 6,028 through cash-settled derivatives (0.01%), giving a total short position of 36,091 securities, or 0.04% of DCC Energy's €0.25 ordinary share class.

Dealings in DCC Energy Equity and Swaps Recorded on 11 November 2026

The announcement states that on 11 November 2026, AQR purchased 7,855 DCC Energy equity securities at £64.6028 per unit. The firm also increased two separate long positions via equity swaps: 7,352 reference securities at £64.6124 per unit and a further 1,467 reference securities at £64.5766 per unit. These transactions collectively increased AQR's net long exposure ahead of the opening position disclosure date. No stock-settled derivatives, options, or other dealings were reported. AQR confirmed there are no indemnity arrangements, concert-party agreements, or supplemental Form 8 attachments connected to this filing.

Irish Takeover Panel Form 8.3 Obligations Triggered by DCC Energy Offer Period

Rule 8.3 of the Irish Takeover Rules, 2022 requires any person holding an interest of 1% or more in the securities of a company subject to a live offer to disclose their position publicly each dealing day. The filing confirms this is an opening position disclosure, with the position measured at 11 November 2026 — the latest practicable date prior to publication on 12 November 2026. The offer relates solely to DCC Energy plc, and AQR confirmed it is not making parallel disclosures in respect of any other party, noting "N/A" on the cash offer question. Contact for the disclosure is listed as Henry Parkin.