ARIEL INVESTMENTS, LLC

CIK

936753

Location

CHICAGO, IL

Portfolio Value

Mid $8,969,231,184

Diversification

Diversified

Filing Date

Global Rank

#454 / 8,622 ▼ 1 · as of Mar 2026

Top Industry

Entertainment 12.5%

3Y Alpha vs SPY

-3.9%

Period ended 4 months ago

Filed May 14, 2026 · 3mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+58.6%

SPY

+67.9%

Annualised alpha

-2.2%

Max drawdown

−24.6%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

100 tracked positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

4.0%

+0.0 pts

Top 5

17.9%

+0.4 pts

Top 10

32.6%

+0.2 pts

HHI

219

Diversified+6

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Financial Services	18.8%	$1,685,785,740	21
Consumer Cyclical	16.5%	$1,480,028,342	13
Healthcare	14.5%	$1,298,276,963	11
Communication Services	13.9%	$1,243,955,539	8
Industrials	13.2%	$1,187,048,725	14
Technology	7.1%	$638,976,504	15
Consumer Defensive	4.9%	$437,195,547	4
Real Estate	3.9%	$347,354,139	2
Energy	3.4%	$302,734,809	4
Basic Materials	2.0%	$182,556,707	5
Utilities	1.6%	$141,181,377	2
Unclassified	0.3%	$24,136,792	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
AQN	Algonquin Power & Utilities Corp.	+3,721,007	19,641,661	$120,599,798
OSW	ONESPAWORLD HOLDINGS Ltd	+1,421,104	15,432,414	$354,173,900
XRAY	DENTSPLY SIRONA Inc.	+1,112,075	6,386,815	$74,087,054
MAT	Mattel Inc /De/	+1,034,950	13,567,083	$197,129,715
LAZ	Lazard, Inc.	+529,467	5,826,289	$247,500,755
RLI	Rli Corp	+498,860	872,033	$49,740,762
GNTX	Gentex Corp	+452,474	8,342,402	$182,281,481
HPE	Hewlett Packard Enterprise Co	+337,863	1,659,398	$39,510,266
NCLH	Norwegian Cruise Line Holdings Ltd.	+310,212	14,661,579	$274,171,525
ZBRA	Zebra Technologies Corp	+301,632	777,363	$162,531,054
T	At&T Inc.	+286,701	1,489,147	$43,170,371
SJM	J M SMUCKER Co	+251,516	1,860,459	$179,422,665
KKR	KKR & Co. Inc.	+174,489	439,405	$40,644,962
PBH	Prestige Consumer Healthcare Inc.	+171,829	4,274,326	$253,339,301
JLL	Jones Lang Lasalle Inc	+131,047	1,024,277	$311,707,976
MAS	Masco Corp /De/	+117,941	523,429	$31,599,407
FISV	Fiserv Inc	+111,534	432,559	$24,136,792
FDS	Factset Research Systems Inc	+99,608	225,047	$48,832,948
DIS	Walt Disney Co	+96,722	654,369	$63,068,084
MANU	Manchester United plc	+68,226	9,050,387	$152,227,508
SCHW	Schwab Charles Corp	+60,652	402,927	$37,867,079
CBRE	Cbre Group, Inc.	+52,068	263,149	$35,646,163
LESL	Leslie's, Inc.	+46,621	2,882,994	$3,228,952
CVSA	Covista Inc.	+33,656	1,931,284	$222,580,480
TAP-A	Molson Coors Beverage Co	+32,770	548,715	$23,627,667
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
ADT	ADT Inc.	−2,083,248	19,475,052	$127,951,089
LIND	Lindblad Expeditions Holdings, Inc.	−1,679,756	3,439,063	$59,495,789
KMT	Kennametal Inc	−1,508,626	869,000	$31,396,968
AXTA	Axalta Coating Systems Ltd.	−1,397,586	3,466,960	$96,034,791
NVST	Envista Holdings Corp	−1,106,952	10,863,592	$275,609,327
MSGE	Madison Square Garden Entertainment Corp.	−775,732	6,105,583	$359,679,892
SPHR	Sphere Entertainment Co.	−706,225	2,462,309	$289,075,076
CNP	Centerpoint Energy Inc	−519,911	476,867	$20,581,579
CLB	Core Laboratories Inc. /DE/	−490,612	13,170,388	$221,130,814
KN	Knowles Corp	−179,779	3,818,862	$98,068,375
GNRC	Generac Holdings Inc.	−129,161	1,294,787	$252,910,744
CVS	CVS HEALTH Corp	−122,941	702,151	$50,428,484
AMG	Affiliated Managers Group, Inc.	−118,193	1,064,030	$294,417,100
GCMG	GCM Grosvenor Inc.	−111,796	4,396,403	$43,084,749
MSFT	Microsoft Corp	−110,263	62,192	$23,021,612
NTRS	Northern Trust Corp	−107,803	1,141,118	$159,265,837
BCO	Brinks Co	−104,486	922,958	$95,646,136
FAF	First American Financial Corp	−78,148	3,839,002	$231,453,429
APA	APA Corp	−75,192	222,147	$9,427,918
INTC	Intel Corp	−68,821	1,455,291	$64,221,991
BYD	Boyd Gaming Corp	−65,754	2,274,418	$186,911,670
KEYS	Keysight Technologies, Inc.	−53,985	204,324	$57,694,966
SLB	Slb Limited/Nv	−47,691	1,237,399	$63,589,934
REZI	Resideo Technologies, Inc.	−42,365	6,078,851	$204,918,066
PSKY	Paramount Skydance Corp	−40,870	2,546,320	$22,967,805
No positions match the current search.

New Positions

Positions the filer opened this quarter

3 positions

Ticker	Company	Shares	Value
SMG	Scotts Miracle-Gro Co	962,642	$58,538,260
FITB	Fifth Third Bancorp	567,418	$26,362,240
RCL	Royal Caribbean Cruises Ltd	1,740	$478,813
No positions match the current search.

Sold Out

Positions the filer fully exited

8 positions

Ticker	Company	Shares	Value
CHKP	Check Point Software Technologies Ltd	464,185	$86,134,168
JHG	Janus Henderson Group Ltd.	1,169,327	$55,624,885
COF	Capital One Financial Corp	162,230	$39,318,062
WBS	Webster Financial Corp	578,996	$36,442,008
NTAP	NetApp, Inc.	322,860	$34,575,077
HUM	Humana Inc	82,807	$21,209,356
GS	Goldman Sachs Group Inc	3,158	$2,775,882
CPA	Copa Holdings, S.A.	8,752	$1,055,578
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

100 tracked positions · $8,969,231,184 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 100 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MSGE	Madison Square Garden Entertainment Corp. Communication Services	Reduced	6,105,583	-775,732	$359,679,892	−3.0%	4.01%
OSW	ONESPAWORLD HOLDINGS Ltd Consumer Cyclical	Added	15,432,414	+1,421,104	$354,173,900	+21.9%	3.95%
JLL	Jones Lang Lasalle Inc Real Estate	Added	1,024,277	+131,047	$311,707,976	+3.7%	3.48%
AMG	Affiliated Managers Group, Inc. Financial Services	Reduced	1,064,030	-118,193	$294,417,100	−13.6%	3.28%
SPHR	Sphere Entertainment Co. Communication Services	Reduced	2,462,309	-706,225	$289,075,076	−4.0%	3.22%
NVST	Envista Holdings Corp Healthcare	Reduced	10,863,592	-1,106,952	$275,609,327	+6.1%	3.07%
NCLH	Norwegian Cruise Line Holdings Ltd. Consumer Cyclical	Added	14,661,579	+310,212	$274,171,525	−14.4%	3.06%
MIDD	MIDDLEBY Corp Industrials	Added	1,574,530	+15,885	$259,477,725	−9.9%	2.89%
PBH	Prestige Consumer Healthcare Inc. Healthcare	Reduced	4,274,326	-3,930,668	$253,339,301	−49.9%	2.82%
GNRC	Generac Holdings Inc. Industrials	Reduced	1,294,787	-129,161	$252,910,744	+30.2%	2.82%
CRL	Charles River Laboratories International, Inc. Healthcare	Added	1,444,183	+16,412	$249,121,567	−12.5%	2.78%
LAZ	Lazard, Inc. Financial Services	Added	5,826,289	+529,467	$247,500,755	−3.8%	2.76%
FAF	First American Financial Corp Financial Services	Reduced	3,839,002	-78,148	$231,453,429	−3.8%	2.58%
MSGS	Madison Square Garden Sports Corp. Communication Services	Reduced	717,341	-5,154	$230,553,396	+23.4%	2.57%
CVSA	Covista Inc. Consumer Defensive	Added	1,931,284	+33,656	$222,580,480	+13.4%	2.48%
CLB	Core Laboratories Inc. /DE/ Energy	Reduced	13,170,388	-490,612	$221,130,814	+1.0%	2.47%
BIO	Bio-Rad Laboratories, Inc. Healthcare	Added	785,961	+21,289	$219,086,628	−5.4%	2.44%
BOKF	Bok Financial Corp Financial Services	Reduced	1,649,883	-39,424	$211,284,016	+5.6%	2.36%
REZI	Resideo Technologies, Inc. Industrials	Reduced	6,078,851	-42,365	$204,918,066	−4.7%	2.28%
MAT	Mattel Inc /De/ Consumer Cyclical	Added	13,567,083	+1,034,950	$197,129,715	−20.7%	2.20%
CG	Carlyle Group Inc. Financial Services	Added	3,981,757	+31,424	$192,677,220	−17.5%	2.15%
BYD	Boyd Gaming Corp Consumer Cyclical	Reduced	2,274,418	-65,754	$186,911,670	−6.3%	2.08%
GNTX	Gentex Corp Consumer Cyclical	Added	8,342,402	+452,474	$182,281,481	−0.7%	2.03%
SJM	J M SMUCKER Co Consumer Defensive	Added	1,860,459	+251,516	$179,422,665	+14.0%	2.00%
MHK	Mohawk Industries Inc Consumer Cyclical	Added	1,744,678	+28,651	$171,780,994	−8.4%	1.92%
ZBRA	Zebra Technologies Corp Technology	Added	777,363	+301,632	$162,531,054	+40.7%	1.81%
NTRS	Northern Trust Corp Financial Services	Reduced	1,141,118	-107,803	$159,265,837	−6.6%	1.78%
MANU	Manchester United plc Communication Services	Added	9,050,387	+68,226	$152,227,508	+6.5%	1.70%
ADT	ADT Inc. Industrials	Reduced	19,475,052	-2,083,248	$127,951,089	−26.5%	1.43%
AQN	Algonquin Power & Utilities Corp. Utilities	Added	19,641,661	+3,721,007	$120,599,798	+23.2%	1.34%
KN	Knowles Corp Technology	Reduced	3,818,862	-179,779	$98,068,375	+14.4%	1.09%
AXTA	Axalta Coating Systems Ltd. Basic Materials	Reduced	3,466,960	-1,397,586	$96,034,791	−38.9%	1.07%
BCO	Brinks Co Industrials	Reduced	922,958	-104,486	$95,646,136	−20.3%	1.07%
LH	Labcorp Holdings Inc. Healthcare	Reduced	354,019	-6,068	$94,455,808	+4.6%	1.05%
OMC	Omnicom Group Inc. Communication Services	Added	1,104,945	+16,612	$83,213,407	−5.3%	0.93%
XRAY	DENTSPLY SIRONA Inc. Healthcare	Added	6,386,815	+1,112,075	$74,087,054	+22.9%	0.83%
LFUS	Littelfuse Inc /De Technology	Reduced	215,427	-6,071	$73,105,151	+30.5%	0.82%
NVT	nVent Electric plc Industrials	Reduced	596,399	-16,622	$70,542,073	+12.8%	0.79%
INTC	Intel Corp Technology	Reduced	1,455,291	-68,821	$64,221,991	+14.2%	0.72%
SLB	Slb Limited/Nv Energy	Reduced	1,237,399	-47,691	$63,589,934	+28.9%	0.71%
DIS	Walt Disney Co Communication Services	Added	654,369	+96,722	$63,068,084	−0.6%	0.70%
LIND	Lindblad Expeditions Holdings, Inc. Consumer Cyclical	Reduced	3,439,063	-1,679,756	$59,495,789	−19.4%	0.66%
SMG	Scotts Miracle-Gro Co Basic Materials	NEW	962,642	NEW	$58,538,260	NEW	0.65%
KEYS	Keysight Technologies, Inc. Technology	Reduced	204,324	-53,985	$57,694,966	+9.9%	0.64%
FSLR	First Solar, Inc. Technology	Added	271,480	+19,915	$53,552,144	−18.5%	0.60%
WEX	WEX Inc. Technology	Added	337,724	+927	$51,685,280	+3.0%	0.58%
CVS	CVS HEALTH Corp Healthcare	Reduced	702,151	-122,941	$50,428,484	−23.0%	0.56%
RLI	Rli Corp Financial Services	Added	872,033	+498,860	$49,740,762	+108.3%	0.55%
FDS	Factset Research Systems Inc Financial Services	Added	225,047	+99,608	$48,832,948	+34.2%	0.54%
BMY	Bristol Myers Squibb Co Healthcare	Reduced	721,731	-10,946	$43,772,985	+10.8%	0.49%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.