Ariel Investments

Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), John W. Rogers Jr.'s Ariel Investments reported 106 stock positions worth $10.0 billion. Its top holding was Madison Square Garden Entert (MSGE) at 4.3% of the portfolio, followed by Onespaworld (OSW, 4.2%) and Charles River Laboratories (CRL, 3.4%). Compared with Q1 2026, it opened 7 new positions, sold out of 8, added to 33 and reduced 64. The biggest buy was a new position in Haemonetics (HAE) and the biggest sale Algonquin Power & Utilities (AQN, shares −66%).

Most Recent 13F: Q2 2026
Notable People: John W. Rogers Jr.
Location: CHICAGO, IL
CIK: 0000936753
Portfolio Value: $10.0B (Q2 2026)
SEC Filing: 0000936753-26-000050 ↗ filed Aug 14, 2026

Holdings Value

Holdings 106 stocks · $10.0B


MSGE Madison Square Garden Entert	4.28%	5,302,754	$428.9M	Reduce -13.2%
OSW Onespaworld Holdings Ltd.	4.19%	14,888,182	$420.4M	Reduce -3.5%
CRL Charles River Laboratories	3.41%	1,506,185	$341.6M	Add +4.3%
AMG Affiliated Managers Group	3.37%	999,676	$338.3M	Reduce -6.0%
JLL Jones Lang Lasalle Inc.	3.28%	1,060,265	$328.6M	Add +3.5%
NCLH Norwegian Cruise Line Holdin	3.25%	15,430,947	$325.7M	Add +5.3%
GNRC Generac Holdings Inc.	2.91%	997,951	$292.2M	Reduce -22.9%
SPHR Sphere Entertainment Co.	2.87%	1,665,326	$288.2M	Reduce -32.4%
MIDD Middleby Corp.	2.82%	1,644,006	$282.8M	Add +4.4%
MSGS Madison Square Garden Sports	2.64%	658,551	$264.6M	Reduce -8.2%
NVST Envista Holdings Corp.	2.58%	9,818,177	$258.7M	Reduce -9.6%
ZBRA Zebra Technologies Corp. Class A	2.42%	922,998	$243.0M	Add +18.7%
LAZ Lazard Inc.	2.41%	5,755,404	$241.4M	Reduce -1.2%
BIO Bio-Rad Laboratories-A	2.39%	816,751	$239.8M	Add +3.9%
PBH Prestige Consumer Healthcare	2.29%	4,868,711	$230.1M	Add +13.9%
BOKF Bok Financial Corporation	2.25%	1,627,416	$226.0M	Reduce -1.4%
FAF First American Financial	2.21%	3,229,706	$221.5M	Reduce -15.9%
CVSA Covista Inc.	2.20%	1,771,844	$220.9M	Reduce -8.3%
MAT Mattel Inc.	2.13%	15,415,955	$214.0M	Add +13.6%
MHK Mohawk Industries Inc.	2.13%	1,756,773	$213.1M	Add +0.7%
MANU Manchester United PLC Class A	2.12%	9,258,276	$212.3M	Add +2.3%
GNTX Gentex Corp.	2.09%	8,309,786	$210.0M	Reduce -0.4%
SJM The JM Smucker Co. filed as SMUCKER J M CO	2.02%	1,798,871	$202.4M	Reduce -3.3%
BYD Boyd Gaming Corp.	1.92%	2,182,342	$192.8M	Reduce -4.0%
CG The Carlyle Group Inc.	1.91%	4,548,683	$191.5M	Add +14.2%
REZI Resideo Technologies Inc.	1.90%	6,141,052	$191.0M	Add +1.0%
NTRS Northern Trust Corp.	1.69%	972,340	$169.0M	Reduce -14.8%
CLB Core Laboratories Inc.	1.64%	14,074,945	$164.0M	Add +6.9%
HAE Haemonetics Corp.	1.54%	2,060,966	$154.6M	New
RLI Rli Corp.	1.48%	2,519,527	$148.8M	Add +188.9%
MAS Masco Corp.	1.33%	1,635,096	$133.0M	Add +212.4%
AXTA Axalta Coating Systems Ltd.	1.18%	3,462,010	$118.5M	Reduce -0.1%
ADT Adt Inc.	1.16%	17,858,375	$116.1M	Reduce -8.3%
LH Labcorp Holdings Inc.	0.97%	349,112	$97.8M	Reduce -1.4%
SMG Scotts Miracle-Gro Co.	0.96%	1,410,981	$96.1M	Add +46.6%
KN Knowles Corp.	0.94%	2,284,673	$94.8M	Reduce -40.2%
BCO The Brink's Co.	0.86%	911,321	$86.1M	Reduce -1.3%
OMC Omnicom Group	0.85%	1,174,452	$85.5M	Add +6.3%
XRAY Dentsply Sirona Inc.	0.85%	8,026,107	$85.2M	Add +25.7%
LIND Lindblad Expeditions Holding	0.78%	2,762,484	$78.0M	Reduce -19.7%
INTC Intel Corp.	0.76%	548,831	$76.6M	Reduce -62.3%
CVS CVS Health Corp.	0.75%	730,110	$75.5M	Add +4.0%
LFUS Littelfuse Inc.	0.74%	163,376	$74.4M	Reduce -24.2%
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.61%	635,446	$61.2M	Reduce -2.9%
FSLR First Solar Inc.	0.57%	242,450	$57.2M	Reduce -10.7%
GCMG GCM Grosvenor Inc. Class A	0.54%	4,415,839	$54.3M	Add +0.4%
SLB SLB Ltd. filed as SLB LIMITED	0.54%	1,163,320	$54.1M	Reduce -6.0%
FDS Factset Research Systems Inc.	0.54%	234,096	$53.9M	Add +4.0%
KEYS Keysight Technologies Inc.	0.51%	145,711	$51.0M	Reduce -28.7%
NVT Nvent Electric PLC	0.51%	299,032	$50.7M	Reduce -49.9%
PPL PPL Corp.	0.49%	1,349,987	$49.1M	New
SCHW Schwab (charles) Corp.	0.48%	525,299	$48.5M	Add +30.4%
WEX Wex Inc.	0.47%	331,383	$46.8M	Reduce -1.9%
CBRE CBRE Group Inc. Class A	0.46%	343,527	$46.3M	Add +30.5%
MTB M & T Bank Corp. filed as M & T BK CORP	0.41%	174,574	$41.6M	Reduce -1.7%
BMY Bristol-Myers Squibb Co.	0.40%	696,430	$40.1M	Reduce -3.5%
T AT&T Inc.	0.40%	1,924,404	$39.8M	Add +29.2%
KKR KKR & Co. Inc.	0.39%	424,241	$38.9M	Reduce -3.5%
AQN Algonquin Power & Utilities	0.39%	6,608,611	$38.7M	Reduce -66.3%
DT Dynatrace Inc.	0.35%	788,488	$34.6M	New
HPE Hewlett Packard Enterprise	0.34%	751,355	$33.9M	Reduce -54.7%
HLI Houlihan Lokey Inc.	0.33%	244,520	$32.8M	New
FITB Fifth Third Bancorp	0.31%	554,673	$31.3M	Reduce -2.3%
KFY Korn Ferry	0.30%	450,116	$30.0M	Reduce -2.9%
FDX FedEx Corp.	0.30%	95,476	$29.9M	Reduce -3.5%
BAC Bank of America Corp.	0.28%	492,572	$28.1M	Reduce -3.8%
AFL Aflac Inc.	0.28%	236,216	$27.7M	Reduce -1.3%
FISV Fiserv Inc.	0.27%	545,115	$26.7M	Add +26.0%
GILD Gilead Sciences Inc.	0.25%	195,657	$24.7M	Reduce -3.3%
LESL Leslie's Inc.	0.24%	2,416,405	$24.5M	Reduce -16.2%
COF Capital One Financial Corp.	0.22%	108,339	$21.7M	New
RCL Royal Caribbean Cruises Ltd.	0.21%	67,173	$21.3M	Add +3760.5%
SSD Simpson Manufacturing Co. Inc.	0.21%	99,589	$20.8M	Add +8.5%
CNP Centerpoint Energy Inc.	0.20%	460,132	$20.3M	Reduce -3.5%
KMX Carmax Inc.	0.18%	346,538	$18.3M	Reduce -38.3%
IWN iShares Russell 2000 Value E	0.17%	76,697	$17.0M	Add +17.2%
MTN Vail Resorts Inc.	0.15%	109,130	$14.9M	Reduce -2.8%
PGR Progressive Corp.	0.13%	58,906	$12.9M	Add +5732.3%
SNA Snap-on Inc.	0.12%	28,940	$11.6M	Reduce -11.3%
MGPI MGP Ingredients Inc.	0.11%	610,729	$10.7M	Reduce -2.9%
PHIN Phinia Inc.	0.09%	113,193	$9.3M	Reduce -14.6%
JNJ Johnson & Johnson	0.09%	35,393	$9.0M	Reduce -12.7%
TSM Taiwan Semiconductor-SP ADR	0.08%	17,838	$8.5M	Add +10.8%
FDXF FedEx Freight Holding Co.	0.07%	47,734	$7.2M	Reduce -3.5%
B Barrick Mining Corp.	0.07%	194,488	$7.1M	Reduce -6.2%
APA Apa Corp.	0.06%	186,521	$6.1M	Reduce -16.0%
CVX Chevron Corp.	0.06%	34,626	$5.7M	Reduce -16.6%
LMT Lockheed Martin Corp.	0.06%	11,045	$5.6M	Reduce -15.8%
VEA Vanguard Ftse Developed ETF	0.05%	75,980	$5.4M	New
VT Vanguard Tot World STK ETF	0.04%	27,941	$4.4M	Add +180.4%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO	0.04%	18,597	$4.3M	Reduce -5.9%
BWA Borgwarner Inc.	0.04%	55,049	$3.7M	Reduce -15.3%
KB KB Financial Group Inc.-ADR filed as KB FINL GROUP INC	0.03%	26,798	$2.8M	Reduce -46.4%
MOS The Mosaic Co.	0.03%	123,607	$2.6M	Reduce -16.7%
KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC	0.02%	23,614	$2.0M	Add +3.9%
ORCL Oracle Corp.	0.02%	13,730	$2.0M	Reduce -16.1%
XCEM Columbia Em Core Ex-China	0.01%	16,671	$882K	Add +96.9%
VWO Vanguard Ftse Emerging Marke	0.01%	10,065	$601K	Reduce -50.3%
HDB HDFC Bank Ltd.-ADR	0.00%	14,072	$363K	No change
MSI Motorola Solutions Inc.	0.00%	692	$287K	Reduce -0.6%

Show all 106 holdings

Portfolio Sells Q1 2026 → Q2 2026


AQN Algonquin Power & Utilities	Reduce -66.3%	0.39%	−0.96
NVST Envista Holdings Corp.	Reduce -9.6%	2.58%	−0.51
FAF First American Financial	Reduce -15.9%	2.21%	−0.38
LAZ Lazard Inc.	Reduce -1.2%	2.41%	−0.36
SPHR Sphere Entertainment Co.	Reduce -32.4%	2.87%	−0.36
KMT Kennametal Inc.	Reduce -99.1%	0.00%	−0.35
SWK Stanley Black & Decker Inc.	Sold out	0.00%	−0.32
CVSA Covista Inc.	Reduce -8.3%	2.20%	−0.29
NVT Nvent Electric PLC	Reduce -49.9%	0.51%	−0.28
ADT Adt Inc.	Reduce -8.3%	1.16%	−0.27
TAP Molson Coors Beverage Co. Class B	Sold out	0.00%	−0.26
MSFT Microsoft Corp.	Sold out	0.00%	−0.26
PSKY Paramount Skydance Class B	Sold out	0.00%	−0.26
BCO The Brink's Co.	Reduce -1.3%	0.86%	−0.21
SLB SLB Ltd.	Reduce -6.0%	0.54%	−0.17
BYD Boyd Gaming Corp.	Reduce -4.0%	1.92%	−0.17
KN Knowles Corp.	Reduce -40.2%	0.94%	−0.15
KEYS Keysight Technologies Inc.	Reduce -28.7%	0.51%	−0.14
WEX Wex Inc.	Reduce -1.9%	0.47%	−0.11
BOKF Bok Financial Corporation	Reduce -1.4%	2.25%	−0.11
HPE Hewlett Packard Enterprise	Reduce -54.7%	0.34%	−0.10
NTRS Northern Trust Corp.	Reduce -14.8%	1.69%	−0.10
FDX FedEx Corp.	Reduce -3.5%	0.30%	−0.10
DIS The Walt Disney Co.	Reduce -2.9%	0.61%	−0.10
BMY Bristol-Myers Squibb Co.	Reduce -3.5%	0.40%	−0.09
LH Labcorp Holdings Inc.	Reduce -1.4%	0.97%	−0.08
KMX Carmax Inc.	Reduce -38.3%	0.18%	−0.08
LFUS Littelfuse Inc.	Reduce -24.2%	0.74%	−0.08
GILD Gilead Sciences Inc.	Reduce -3.3%	0.25%	−0.07
KKR KKR & Co. Inc.	Reduce -3.5%	0.39%	−0.07
HCKT The Hackett Group Inc.	Sold out	0.00%	−0.06
APA Apa Corp.	Reduce -16.0%	0.06%	−0.04
CVX Chevron Corp.	Reduce -16.6%	0.06%	−0.04
LMT Lockheed Martin Corp.	Reduce -15.8%	0.06%	−0.03
FSLR First Solar Inc.	Reduce -10.7%	0.57%	−0.03
BAP Credicorp Ltd.	Sold out	0.00%	−0.03
CNP Centerpoint Energy Inc.	Reduce -3.5%	0.20%	−0.03
KB KB Financial Group Inc.-ADR	Reduce -46.4%	0.03%	−0.03
KFY Korn Ferry	Reduce -2.9%	0.30%	−0.03
IFS Intercorp Financial Services	Sold out	0.00%	−0.03
B Barrick Mining Corp.	Reduce -6.2%	0.07%	−0.02
MGPI MGP Ingredients Inc.	Reduce -2.9%	0.11%	−0.02
JNJ Johnson & Johnson	Reduce -12.7%	0.09%	−0.02
AFL Aflac Inc.	Reduce -1.3%	0.28%	−0.02
SNA Snap-on Inc.	Reduce -11.3%	0.12%	−0.02
MOS The Mosaic Co.	Reduce -16.7%	0.03%	−0.02
MTN Vail Resorts Inc.	Reduce -2.8%	0.15%	−0.01
FDXF FedEx Freight Holding Co.	Reduce -3.5%	0.07%	−0.01
PHIN Phinia Inc.	Reduce -14.6%	0.09%	−0.01
ORCL Oracle Corp.	Reduce -16.1%	0.02%	−0.01

Portfolio Buys Q1 2026 → Q2 2026


HAE Haemonetics Corp.	New	1.54%	+1.54
MAS Masco Corp.	Add +212.4%	1.33%	+0.97
RLI Rli Corp.	Add +188.9%	1.48%	+0.93
CRL Charles River Laboratories	Add +4.3%	3.41%	+0.62
ZBRA Zebra Technologies Corp. Class A	Add +18.7%	2.42%	+0.60
PPL PPL Corp.	New	0.49%	+0.49
MIDD Middleby Corp.	Add +4.4%	2.82%	+0.48
MANU Manchester United PLC Class A	Add +2.3%	2.12%	+0.41
DT Dynatrace Inc.	New	0.35%	+0.35
HLI Houlihan Lokey Inc.	New	0.33%	+0.33
SMG Scotts Miracle-Gro Co.	Add +46.6%	0.96%	+0.30
COF Capital One Financial Corp.	New	0.22%	+0.22
RCL Royal Caribbean Cruises Ltd.	Add +3760.5%	0.21%	+0.21
MHK Mohawk Industries Inc.	Add +0.7%	2.13%	+0.20
CVS CVS Health Corp.	Add +4.0%	0.75%	+0.19
NCLH Norwegian Cruise Line Holdin	Add +5.3%	3.25%	+0.18
PGR Progressive Corp.	Add +5732.3%	0.13%	+0.13
CBRE CBRE Group Inc. Class A	Add +30.5%	0.46%	+0.06
SCHW Schwab (charles) Corp.	Add +30.4%	0.48%	+0.06
GCMG GCM Grosvenor Inc. Class A	Add +0.4%	0.54%	+0.06
VEA Vanguard Ftse Developed ETF	New	0.05%	+0.05
SSD Simpson Manufacturing Co. Inc.	Add +8.5%	0.21%	+0.03
IWN iShares Russell 2000 Value E	Add +17.2%	0.17%	+0.03
VT Vanguard Tot World STK ETF	Add +180.4%	0.04%	+0.03
TSM Taiwan Semiconductor-SP ADR	Add +10.8%	0.08%	+0.02
XRAY Dentsply Sirona Inc.	Add +25.7%	0.85%	+0.02
XCEM Columbia Em Core Ex-China	Add +96.9%	0.01%	+0.00
IWD iShares Russell 1000 Value E	New	0.00%	+0.00
KSPI JSC Kaspi.kz ADR	Add +3.9%	0.02%	+0.00
FISV Fiserv Inc.	Add +26.0%	0.27%	−0.00
FDS Factset Research Systems Inc.	Add +4.0%	0.54%	−0.01
BIO Bio-Rad Laboratories-A	Add +3.9%	2.39%	−0.06
MAT Mattel Inc.	Add +13.6%	2.13%	−0.07
OMC Omnicom Group	Add +6.3%	0.85%	−0.08
T AT&T Inc.	Add +29.2%	0.40%	−0.09
JLL Jones Lang Lasalle Inc.	Add +3.5%	3.28%	−0.21
CG The Carlyle Group Inc.	Add +14.2%	1.91%	−0.25
REZI Resideo Technologies Inc.	Add +1.0%	1.90%	−0.39
PBH Prestige Consumer Healthcare	Add +13.9%	2.29%	−0.54
CLB Core Laboratories Inc.	Add +6.9%	1.64%	−0.84

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	106	$10.0B	MSGE, OSW, CRL, AMG, JLL
Q1 2026	106	$8.9B	MSGE, OSW, JLL, AMG, SPHR
Q4 2025	108	$9.3B	MSGE, AMG, NCLH, SPHR, JLL
Q3 2025	107	$9.4B	SPHR, MSGE, AMG, NCLH, REZI
Q2 2025	104	$8.8B	MSGE, SPHR, MAT, LAZ, OSW
Q1 2025	106	$8.5B	MAT, JLL, MSGE, LAZ, FAF
Q4 2024	110	$9.4B	LAZ, MSGE, JLL, AMG, MAT
Q3 2024	110	$9.8B	JLL, LAZ, GNRC, MSGE, MAT
Q2 2024	115	$9.2B	JLL, GNRC, MAT, ADT, LAZ
Q1 2024	115	$10.2B	MAT, JLL, MSGE, GNRC, REZI