Cliff Asness’s AQR Capital Management increased its Lucid Motors stake by over 7,000%. This accumulation occurred during the first quarter of 2026. The hedge fund now ranks as a top 10 institutional shareholder.
An SEC 13F-HR filing shows AQR owns 2,241,030 shares. This marks the largest single-quarter institutional accumulation among top shareholders.
Lucid reported a widened net loss. The company also reported a negative gross margin. These figures appeared in Q1 2026 results. Lucid stock traded down on May 18, 2026.
Supplier issues with Gravity SUV seats caused production disruptions. These disruptions impacted Q1 deliveries.