ARIEL INVESTMENTS, LLC

CIK

936753

Location

CHICAGO, IL

Portfolio Value

Small $182,556,707

Diversification

Diversified

Filing Date

Global Rank

#454 / 8,586 ▼ 2

Top Industry

Entertainment 12.6%

3Y Alpha vs SPY

-3.7%

Period ended 3 months ago

Filed May 14, 2026 · 33d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+62.6%

SPY

+78.1%

Annualised alpha

-3.6%

Max drawdown

−24.7%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

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

Top Position

4.0%

+0.0 pts

Top 5

18.0%

+0.4 pts

Top 10

32.7%

+0.5 pts

HHI

219

Diversified+7

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Financial Services	18.9%	$1,685,785,740	21
Consumer Cyclical	16.6%	$1,480,028,342	13
Healthcare	14.6%	$1,298,276,963	11
Communication Services	13.9%	$1,243,955,539	8
Industrials	12.7%	$1,136,322,183	14
Technology	7.2%	$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	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 PLC	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

5 positions · $182,556,707 total · Basic Materials only · as of Mar 31, 2026

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

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AXTA	Axalta Coating Systems Ltd. Basic Materials	Reduced	3,466,960	-1,397,586	$96,034,791	−38.9%	52.61%
SMG	Scotts Miracle-Gro Co Basic Materials	NEW	962,642	NEW	$58,538,260	NEW	32.07%
SSD	Simpson Manufacturing Co., Inc. Basic Materials	Added	91,750	+361	$15,746,133	+6.7%	8.63%
B	Barrick Mining Corp Basic Materials	Reduced	207,277	-8,849	$8,454,828	−10.2%	4.63%
MOS	Mosaic Co Basic Materials	Added	148,341	+1,304	$3,782,695	+6.8%	2.07%