# EDGAR Filing Document

**Accession Number:** 0001506707
**File Stem:** 0001193125-25-295500
**Filing Date:** 2025-11
**Character Count:** 10052
**Document Hash:** 32e8eb3d4af4d4d394a4e7ab16505d79
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-295500.hdr.sgml**: 20251125

**ACCESSION NUMBER**: 0001193125-25-295500

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251125

**DATE AS OF CHANGE**: 20251125

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** A&Q Multi-Strategy Fund
- **CENTRAL INDEX KEY:** 0001506707

**ORGANIZATION NAME:**
- **EIN:** 274827055
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22500
- **FILM NUMBER:** 251516165

**BUSINESS ADDRESS:**
- **STREET 1:** C/O UBS ASSET MANAGEMENT (AMERICAS) LLC
- **STREET 2:** 787 SEVENTH AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
- **BUSINESS PHONE:** 203-719-1428

**MAIL ADDRESS:**
- **STREET 1:** C/O UBS ASSET MANAGEMENT (AMERICAS) LLC
- **STREET 2:** 787 SEVENTH AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** O'Connor Fund of Funds: Multi-Strategy
- **DATE OF NAME CHANGE:** 20110201

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** O'Connor Multi-Strategy Fund of Funds
- **DATE OF NAME CHANGE:** 20101130

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** A&Q Multi-Strategy Fund

- **b. Investment Company Act file number:** 811-22500

- **c. CIK number of Registrant:** 0001506707

- **d. LEI of Registrant:** 254900G3D6CIA5ZDVR34

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 600 Washington Blvd

  - **City:** Stamford

  - **State:** CT

  - **Foreign country:** US

  - **Zip / Postal Code:** 06901

  - **Telephone number:** 2013523000

**Item A.2. Information about the Series.**

- **a. Name of Series:** A&Q Multi-Strategy Fund

- **c. LEI of Series:** N/A

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-03-31

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $353829973.84

**Total Liabilities:** $17377366.95

**Net Assets:** $336452606.89

**Cash Not Reported:** $10142796.42

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C999999999 | 0.77%                | 0.67%                | 1.62%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-81147.04               | $3406712.17                                |
| Month 2  | $720.50                  | $2960549.86                                |
| Month 3  | $6112782.89              | $337390.65                                 |

### Schedule of Portfolio Investments

| Name                                              | Title                                             | Identifiers                  | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   | Fair Value Level   | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Davidson Kempner Talonite Fund (Cayman) Ltd.      | Davidson Kempner Talonite Fund (Cayman) Ltd.      | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |  15000000 | OU      | $15190650.00  | 4.51%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Elan Feeder Fund Ltd.                             | Elan Feeder Fund Ltd.                             | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |  10314366 | OU      | $14937227.94  | 4.44%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Elementum Zephyrus Total Return Cat Bond Fund Ltd | Elementum Zephyrus Total Return Cat Bond Fund Ltd | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | VG        |  13607000 | OU      | $16779602.00  | 4.99%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Jericho Capital International, Ltd                | Jericho Capital International, Ltd                | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |   8638784 | OU      | $18178650.01  | 5.40%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Kirkoswald Global Macro Fund Ltd                  | Kirkoswald Global Macro Fund Ltd                  | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |  12775610 | OU      | $15375781.68  | 4.57%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Linden Investors LP                               | Linden Investors LP                               | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |   4490618 | OU      | $14986016.69  | 4.45%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Point72 Capital International, Ltd.               | Point72 Capital International, Ltd.               | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |   8057900 | OU      | $17769865.27  | 5.28%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Redwood Opportunity Offshore Fund, Ltd.           | Redwood Opportunity Offshore Fund, Ltd.           | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |   4444580 | OU      | $7848562.22   | 2.33%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Rokos Global Macro Fund, Ltd.                     | Rokos Global Macro Fund, Ltd.                     | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |   4621158 | OU      | $14005563.83  | 4.16%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Schonfeld Strategic Partners Offshore Fund Ltd.   | Schonfeld Strategic Partners Offshore Fund Ltd.   | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |  13825874 | OU      | $19428911.31  | 5.77%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Sona Credit Fund Limited                          | Sona Credit Fund Limited                          | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |   9212701 | OU      | $14604799.50  | 4.34%             |  |  |  | Yes           | N/A                | On Loan: No      |
| SPF Securitized products Fund Ltd                 | SPF Securitized products Fund Ltd                 | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |  10314633 | OU      | $11536923.33  | 3.43%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Statar Capital Offshore (Cayman), Ltd.            | Statar Capital Offshore (Cayman), Ltd.            | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |   4149511 | OU      | $7395273.67   | 2.20%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Symmetry International Fund, Ltd.                 | Symmetry International Fund, Ltd.                 | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |  13646120 | OU      | $37796321.58  | 11.23%            |  |  |  | Yes           | N/A                | On Loan: No      |
| Trexquant Offshore Fund Ltd.                      | Trexquant Offshore Fund Ltd.                      | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |  10000000 | OU      | $9510656.18   | 2.83%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Valent Green Element Offshore Fund Ltd            | Valent Green Element Offshore Fund Ltd            | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |   5500000 | OU      | $9787723.29   | 2.91%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Aleutian Fund, Ltd.                               | Aleutian Fund, Ltd.                               | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |  12934841 | OU      | $16623043.54  | 4.94%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Anomaly Capital International, Ltd.               | Anomaly Capital International, Ltd.               | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |  13125735 | OU      | $23159951.57  | 6.88%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Bright Meadow Agency MBS Offshore Fund, Ltd.      | Bright Meadow Agency MBS Offshore Fund, Ltd.      | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |  10793661 | OU      | $14631446.65  | 4.35%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Burkehill International Ltd                       | Burkehill International Ltd                       | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |  13702100 | OU      | $16023470.02  | 4.76%             |  |  |  | Yes           | N/A                | On Loan: No      |

### Signature

**Date Signed:** 2025-11-25

**Name of Applicant:** A&Q Multi-Strategy Fund

**Signature:** Martin Fuchs

**Name of Signer:** A&Q Multi-Strategy Fund

**Title:** Principal Accounting Officer