Ariel Investments LLC

Period:: Q1 2026
Portfolio date:: Mar 31, 2026
No. of stocks:: 105
Portfolio value:: $8,934,262,000
Filed:: May 14, 2026
CIK:: 936753

Stock	Issuer	% of Portfolio	Recent Activity	Shares	Price	Value ▼
MSGE hist	MADISON SQUARE GARDEN ENTMT	4.03	Reduce 20.00%	6,105,583	$58.91	$359.68M
OSW hist	ONESPAWORLD HOLDINGS LIMITED	3.96	Add 10.00%	15,432,414	$22.95	$354.17M
JLL hist	JONES LANG LASALLE INC	3.49	Add 15.00%	1,024,277	$304.32	$311.71M
AMG hist	AFFILIATED MANAGERS GROUP	3.30	Buy	1,064,030	$276.70	$294.42M
SPHR hist	SPHERE ENTERTAINMENT CO	3.24	Reduce 22.00%	2,462,309	$117.40	$289.07M
NVST hist	ENVISTA HOLDINGS CORPORATION	3.08	Reduce 9.00%	10,863,592	$25.37	$275.61M
NCLH hist	NORWEGIAN CRUISE LINE HLDGS	3.07	Add 2.00%	14,661,579	$18.70	$274.17M
PBH hist	PRESTIGE CONSMR HEALTHCARE I	2.84	Add 4.00%	4,274,326	$59.27	$253.34M
GNRC hist	GENERAC HLDGS INC	2.83	Reduce 9.00%	1,294,787	$195.33	$252.91M
CRL hist	CHARLES RIV LABS INTL INC	2.79	Add 1.00%	1,444,183	$172.50	$249.12M
LAZ hist	LAZARD INC	2.77	Add 10.00%	5,826,289	$42.48	$247.50M
FCAP hist	FIRST AMERN FINL CORP	2.59	Reduce 2.00%	3,839,002	$60.29	$231.45M
MSGS hist	MADISON SQUARE GRDN SPRT COR	2.58	Buy	717,341	$321.40	$230.55M
CVSA hist	COVISTA INC	2.49	Add 2.00%	1,931,284	$115.25	$222.58M
CLB hist	CORE LABORATORIES INC	2.48	Reduce 4.00%	13,170,388	$16.79	$221.13M
BIO hist	BIO RAD LABS INC	2.45	Add 3.00%	785,961	$278.75	$219.09M
BOKF hist	BOK FINL CORP	2.36	Reduce 2.00%	1,649,883	$128.06	$211.28M
MIDD hist	MIDDLEBY CORP	2.34	Add 1.00%	1,574,530	$132.58	$208.75M
REZI hist	RESIDEO TECHNOLOGIES INC	2.29	Reduce 1.00%	6,078,851	$33.71	$204.92M
MAT hist	MATTEL INC	2.21	Add 8.00%	13,567,083	$14.53	$197.13M
CG hist	CARLYLE GROUP INC	2.16	Add 1.00%	3,981,757	$48.39	$192.68M
BYD hist	BOYD GAMING CORP	2.09	Reduce 3.00%	2,274,418	$82.18	$186.91M
GNTX hist	GENTEX CORP	2.04	Add 6.00%	8,342,402	$21.85	$182.28M
SJM hist	SMUCKER J M CO	2.01	Add 16.00%	1,860,459	$96.44	$179.42M
MHK hist	MOHAWK INDS INC	1.92	Add 2.00%	1,744,678	$98.46	$171.78M
ZBRA hist	ZEBRA TECHNOLOGIES CORPORATI	1.82	Add 63.00%	777,363	$209.08	$162.53M
NTRS hist	NORTHERN TR CORP	1.78	Reduce 9.00%	1,141,118	$139.57	$159.27M
MANU hist	MANCHESTER UTD PLC NEW	1.70	Add 1.00%	9,050,387	$16.82	$152.23M
ADT hist	ADT INC DEL	1.43	Reduce 10.00%	19,475,052	$6.57	$127.95M
AQN hist	ALGONQUIN POWER & UTILITIES	1.35	Add 23.00%	19,641,661	$6.14	$120.60M
KN hist	KNOWLES CORP	1.10	Reduce 4.00%	3,818,862	$25.68	$98.07M
AXTA hist	AXALTA COATING SYS LTD	1.07	Reduce 29.00%	3,466,960	$27.70	$96.03M
BCO hist	BRINKS CO	1.07	Reduce 10.00%	922,958	$103.63	$95.65M
LH hist	LABCORP HOLDINGS INC	1.06	Reduce 2.00%	354,019	$266.81	$94.46M
OMC hist	OMNICOM GROUP INC	0.93	Add 2.00%	1,104,945	$75.31	$83.21M
XRAY hist	DENTSPLY SIRONA INC	0.83	Add 21.00%	6,386,815	$11.60	$74.09M
LFUS hist	LITTELFUSE INC	0.82	Reduce 3.00%	215,427	$339.35	$73.11M
NVT hist	NVENT ELEC PLC	0.79	Reduce 3.00%	596,399	$118.28	$70.54M
INTC hist	INTEL CORP	0.72	Reduce 5.00%	1,455,291	$44.13	$64.22M
SLB hist	SLB LIMITED	0.71	Reduce 4.00%	1,237,399	$51.39	$63.59M
DIS hist	DISNEY WALT CO	0.71	Add 17.00%	654,369	$96.38	$63.07M
LIND hist	LINDBLAD EXPEDITIONS HLDGS I	0.67	Reduce 33.00%	3,439,063	$17.30	$59.50M
SMG hist	SCOTTS MIRACLE-GRO CO	0.66	Buy	962,642	$60.81	$58.54M
KEYS hist	KEYSIGHT TECHNOLOGIES INC	0.65	Reduce 21.00%	204,324	$282.38	$57.70M
FSLR hist	FIRST SOLAR INC	0.60	Add 8.00%	271,480	$197.26	$53.55M
WEX hist	WEX INC	0.58	—	337,724	$153.04	$51.69M
CVS hist	CVS HEALTH CORP	0.56	Reduce 15.00%	702,151	$71.82	$50.43M
RLI hist	RLI CORP	0.56	Add 134.00%	872,033	$57.04	$49.74M
FDS hist	FACTSET RESH SYS INC	0.55	Add 79.00%	225,047	$216.99	$48.83M
BMY hist	BRISTOL-MYERS SQUIBB CO	0.49	Reduce 1.00%	721,731	$60.65	$43.77M
T hist	AT&T INC	0.48	Add 24.00%	1,489,147	$28.99	$43.17M
GCMG hist	GCM GROSVENOR INC	0.48	Buy	4,396,403	$9.80	$43.09M
KKR hist	KKR & CO INC	0.45	Add 66.00%	439,405	$92.50	$40.65M
HPE hist	HEWLETT PACKARD ENTERPRISE C	0.44	Add 26.00%	1,659,398	$23.81	$39.51M
SCHW hist	SCHWAB CHARLES CORP	0.42	Add 18.00%	402,927	$93.98	$37.87M
MTB hist	M & T BK CORP	0.41	Reduce 2.00%	177,635	$206.72	$36.72M
CBRE hist	CBRE GROUP INC	0.40	Add 25.00%	263,149	$135.46	$35.65M
FDX hist	FEDEX CORP	0.39	Add 39.00%	98,918	$356.18	$35.23M
MAS hist	MASCO CORP	0.35	Add 29.00%	523,429	$60.37	$31.60M
KMT hist	KENNAMETAL INC	0.35	Reduce 63.00%	869,000	$36.13	$31.40M
KFY hist	KORN FERRY	0.33	Reduce 1.00%	463,417	$62.95	$29.17M
SWK hist	STANLEY BLACK & DECKER INC	0.32	Reduce 6.00%	396,952	$71.06	$28.21M
GILD hist	GILEAD SCIENCES INC	0.32	Reduce 1.00%	202,271	$139.37	$28.19M
FITB hist	FIFTH THIRD BANCORP	0.30	Buy	567,418	$46.46	$26.36M
AFL hist	AFLAC INC	0.29	Buy	239,266	$109.71	$26.25M
BAC hist	BANK AMERICA CORP	0.28	Reduce 1.00%	512,111	$48.75	$24.96M
FISV hist	FISERV INC	0.27	Add 35.00%	432,559	$55.80	$24.14M
TAP hist	MOLSON COORS BEVERAGE CO	0.26	Add 6.00%	548,715	$43.06	$23.63M
KMX hist	CARMAX INC	0.26	—	561,947	$41.58	$23.37M
MSFT hist	MICROSOFT CORP	0.26	Reduce 64.00%	62,192	$370.18	$23.02M
PSKY hist	PARAMOUNT SKYDANCE CORP	0.26	Reduce 2.00%	2,546,320	$9.02	$22.97M
CNP hist	CENTERPOINT ENERGY INC	0.23	Reduce 52.00%	476,867	$43.16	$20.58M
SSD hist	SIMPSON MFG INC	0.18	—	91,750	$171.62	$15.75M
MTN hist	VAIL RESORTS INC	0.16	—	112,309	$128.32	$14.41M
ETHB hist	ISHARES TR	0.14	Add 96.00%	66,600	$188.84	$12.58M
SNA hist	SNAP ON INC	0.13	—	32,608	$363.22	$11.84M
MGPI hist	MGP INGREDIENTS INC NEW	0.13	—	628,860	$18.39	$11.56M
JNJ hist	JOHNSON & JOHNSON	0.11	Reduce 6.00%	40,553	$244.45	$9.91M
APA hist	APA CORPORATION	0.11	Reduce 25.00%	222,147	$42.44	$9.43M
PHIN hist	PHINIA INC	0.10	Reduce 5.00%	132,555	$68.44	$9.07M
CVX hist	CHEVRON CORPORATION	0.10	—	41,499	$206.90	$8.59M
B hist	BARRICK MNG CORP	0.09	Reduce 4.00%	207,277	$40.79	$8.46M
LMT hist	LOCKHEED MARTIN CORP	0.09	Reduce 2.00%	13,114	$604.39	$7.93M
HCKT hist	HACKETT GROUP INC	0.06	Reduce 1.00%	425,568	$13.01	$5.54M
TSM hist	TAIWAN SEMICONDUCTOR MANUFAC	0.06	Add 58.00%	16,092	$337.93	$5.44M
KB hist	KB FINL GROUP INC	0.06	Reduce 3.00%	49,961	$99.74	$4.98M
AJG hist	GALLAGHER ARTHUR J & CO	0.05	Add 29.00%	19,764	$216.56	$4.28M
MOS hist	MOSAIC CO	0.04	Add 1.00%	148,341	$25.50	$3.78M
BWA hist	BORGWARNER INC	0.04	—	64,987	$54.26	$3.53M
LESL hist	LESLIES INC	0.04	Add 2.00%	2,882,994	$1.12	$3.23M
BAP hist	CREDICORP LTD	0.03	Add 32.00%	7,585	$339.22	$2.57M
ORCL hist	ORACLE CORP	0.03	—	16,367	$147.13	$2.41M
IFS hist	INTERCORP FINL SVCS INC	0.03	Add 34.00%	46,465	$50.21	$2.33M
KSPI hist	KASPI KZ JSC	0.02	Add 73.00%	22,724	$74.06	$1.68M
VT hist	VANGUARD INTL EQUITY INDEX F	0.02	Buy	9,964	$138.30	$1.38M
VWO hist	VANGUARD INTL EQUITY INDEX F	0.01	Buy	20,245	$54.04	$1.09M
RCL hist	ROYAL CARIBBEAN GROUP	0.01	Buy	1,740	$275.29	$479K
VXUS hist	VANGUARD STAR FDS	0.00	Buy	4,685	$77.05	$361K
HDB hist	HDFC BANK LTD	0.00	Add 7.00%	14,072	$24.87	$350K
XCEM hist	COLUMBIA ETF TR II	0.00	Buy	8,466	$40.75	$345K
MSI hist	MOTOROLA SOLUTIONS INC	0.00	Reduce 8.00%	696	$433.91	$302K
ZBH hist	ZIMMER BIOMET HOLDINGS INC	0.00	Reduce 7.00%	3,014	$90.58	$273K
BRC hist	BRADY CORP	0.00	Reduce 8.00%	2,764	$81.40	$225K
FICO hist	FAIR ISAAC CORP	0.00	Reduce 8.00%	204	$1068.63	$218K
PGR hist	PROGRESSIVE CORP	0.00	Reduce 8.00%	1,010	$198.02	$200K
AMG hist	AFFILIATED MANAGERS GROUP IN	0.00	Sell	0	—	$0
CHKP hist	CHECK POINT SOFTWARE TECH LT	0.00	Sell	0	—	$0
JHG hist	JANUS HENDERSON GROUP PLC	0.00	Sell	0	—	$0
GCMG hist	GCM GROSVENOR INC	0.00	Sell	0	—	$0
COF hist	CAPITAL ONE FINL CORP	0.00	Sell	0	—	$0
WBS hist	WEBSTER FINL CORP	0.00	Sell	0	—	$0
NTAP hist	NETAPP INC	0.00	Sell	0	—	$0
AFL hist	AFLAC INC	0.00	Sell	0	—	$0
HUM hist	HUMANA INC	0.00	Sell	0	—	$0
GS hist	GOLDMAN SACHS GROUP INC	0.00	Sell	0	—	$0
VEA hist	VANGUARD TAX-MANAGED FDS	0.00	Sell	0	—	$0
CPA hist	COPA HOLDINGS SA	0.00	Sell	0	—	$0