Ariel Investments

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

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 14, 2024), John W. Rogers Jr.'s Ariel Investments reported 115 stock positions worth $10.2 billion. Its top holding was Mattel (MAT) at 3.0% of the portfolio, followed by Jones Lang Lasalle (JLL, 2.8%) and Madison Square Garden Entert (MSGE, 2.7%). Compared with Q4 2023, it opened 6 new positions, sold out of 5, added to 31 and reduced 69. The biggest buy was a new position in Aptiv Irish (APTV) and the biggest sale Philip Morris International (PM, shares −67%).

Most Recent 13F: Q2 2026
Notable People: John W. Rogers Jr.
Location: CHICAGO, IL
CIK: 0000936753
Portfolio Value: $10.2B (Q1 2024)
SEC Filing: 0000936753-24-000041 ↗ filed May 14, 2024

Holdings Value

Holdings 115 stocks · $10.2B


MAT Mattel Inc.	3.04%	15,583,293	$308.7M	Add +0.7%
JLL Jones Lang Lasalle Inc.	2.76%	1,436,655	$280.3M	Reduce -8.8%
MSGE Madison Square Garden Entert	2.70%	6,990,944	$274.1M	Reduce -3.1%
GNRC Generac Holdings Inc.	2.66%	2,142,852	$270.3M	Reduce -0.9%
REZI Resideo Technologies Inc.	2.65%	12,026,500	$269.6M	Reduce -5.1%
LAZ Lazard Inc.	2.60%	6,318,658	$264.6M	Reduce -6.7%
CRL Charles River Laboratories	2.49%	932,807	$252.7M	Reduce -11.2%
SPHR Sphere Entertainment Co.	2.47%	5,118,540	$251.2M	Add +2.7%
MHK Mohawk Industries Inc.	2.41%	1,870,760	$244.9M	Reduce -12.9%
GNTX Gentex Corp.	2.28%	6,406,359	$231.4M	Reduce -2.3%
KMT Kennametal Inc.	2.26%	9,196,442	$229.4M	Reduce -2.3%
CG The Carlyle Group Inc.	2.25%	4,882,920	$229.1M	Reduce -23.6%
NTRS Northern Trust Corp.	2.23%	2,552,389	$227.0M	Reduce -3.9%
CHKP Check Point Software Tech	2.23%	1,382,533	$226.7M	Reduce -7.8%
SRCL Stericycle Inc.	2.20%	4,233,220	$223.3M	Reduce -3.6%
AMG Affiliated Managers Group	2.19%	1,327,009	$222.2M	Add +6.8%
FAF First American Financial	2.11%	3,512,539	$214.4M	Reduce -3.9%
ADT Adt Inc.	1.96%	29,579,797	$198.8M	Add +31.8%
BOKF Bok Financial Corporation	1.95%	2,154,389	$198.2M	Reduce -3.6%
NVST Envista Holdings Corp.	1.87%	8,892,200	$190.1M	Add +25.3%
PBH Prestige Consumer Healthcare	1.83%	2,560,991	$185.8M	Add +0.2%
CLB Core Laboratories Inc.	1.82%	10,825,657	$184.9M	Add +20.4%
BYD Boyd Gaming Corp.	1.78%	2,695,707	$181.5M	Reduce -12.3%
IPG Interpublic Group of Cos Inc.	1.77%	5,516,550	$180.0M	Add +2.9%
MSGS Madison Square Garden Sports	1.70%	937,125	$172.9M	Reduce -1.0%
RCL Royal Caribbean Cruises Ltd.	1.68%	1,232,213	$171.3M	Reduce -10.0%
LESLIES INC	1.60%	24,982,878	$162.4M	Reduce -14.5%
OSW Onespaworld Holdings Ltd.	1.57%	12,091,111	$160.0M	Reduce -9.8%
CVSA Covista Inc. filed as ADTALEM GLOBAL ED INC	1.56%	3,079,317	$158.3M	Add +11.1%
BCO The Brink's Co.	1.56%	1,712,701	$158.2M	Reduce -9.1%
AXTA Axalta Coating Systems Ltd.	1.51%	4,475,887	$153.9M	Reduce -6.3%
MSFT Microsoft Corp.	1.51%	365,791	$153.9M	Reduce -0.5%
PARAA Paramount Global Class B	1.40%	12,049,689	$141.8M	Add +9.3%
NCLH Norwegian Cruise Line Holdin	1.20%	5,850,417	$122.4M	Reduce -6.7%
BIDU Baidu Inc. - Spon ADR	1.18%	1,139,721	$120.0M	Reduce -25.4%
LH Laboratory CRP of Amer Hldgs	1.17%	544,574	$119.0M	Reduce -1.1%
ZBRA Zebra Technologies Corp. Class A	1.13%	380,212	$114.6M	Reduce -19.2%
SJM The JM Smucker Co. filed as SMUCKER J M CO	1.08%	868,375	$109.3M	Add +58.7%
NVT Nvent Electric PLC	1.04%	1,400,841	$105.6M	Reduce -23.6%
BAP Credicorp Ltd.	0.92%	551,341	$93.4M	Reduce -7.7%
APTV Aptiv Irish Holdings Ltd. filed as APTIV PLC	0.84%	1,078,219	$85.9M	New
DVA Davita Inc.	0.84%	616,270	$85.1M	Reduce -6.5%
GS Goldman Sachs Group Inc.	0.83%	201,995	$84.4M	Reduce -4.2%
LFUS Littelfuse Inc.	0.83%	347,223	$84.1M	Add +1.8%
KN Knowles Corp.	0.82%	5,187,144	$83.5M	Add +3.7%
LIND Lindblad Expeditions Holding	0.81%	8,877,212	$82.8M	Add +3.1%
MAS Masco Corp.	0.81%	1,046,558	$82.6M	Reduce -20.3%
MANU Manchester United PLC Class A	0.73%	5,306,733	$74.1M	Reduce -5.7%
VZ Verizon Communications Inc.	0.73%	1,764,848	$74.1M	Reduce -16.5%
JHG Janus Henderson Group PLC	0.72%	2,239,781	$73.7M	Reduce -21.3%
SSD Simpson Manufacturing Co. Inc.	0.68%	339,283	$69.6M	Reduce -14.6%
NTAP Netapp Inc.	0.68%	662,670	$69.6M	Reduce -28.7%
CBRE CBRE Group Inc. Class A	0.67%	705,449	$68.6M	Reduce -11.4%
SCHW Schwab (charles) Corp.	0.59%	831,990	$60.2M	Reduce -13.5%
INTC Intel Corp.	0.57%	1,309,523	$57.8M	Reduce -1.1%
KMX Carmax Inc.	0.56%	653,147	$56.9M	Reduce -4.2%
SWK Stanley Black & Decker Inc.	0.55%	573,008	$56.1M	Reduce -0.1%
GILD Gilead Sciences Inc.	0.54%	742,900	$54.4M	Reduce -0.9%
KFY Korn Ferry	0.53%	816,690	$53.7M	Reduce -1.1%
MIDD Middleby Corp.	0.51%	322,823	$51.9M	Add +8.5%
MTN Vail Resorts Inc.	0.49%	223,421	$49.8M	Add +3.4%
CVS CVS Health Corp.	0.48%	606,609	$48.4M	New
KKR KKR & Co. Inc.	0.47%	474,246	$47.7M	Reduce -24.2%
AFL Aflac Inc.	0.45%	538,133	$46.2M	Reduce -0.2%
DNB Dun & Bradstreet Holdings Inc.	0.43%	4,346,134	$43.6M	Add +3.9%
GCMG GCM Grosvenor Inc. Class A	0.43%	4,480,080	$43.3M	Add +0.8%
KEYS Keysight Technologies Inc.	0.41%	265,351	$41.5M	Reduce -0.8%
NOV Nov Inc.	0.41%	2,122,818	$41.4M	Add +33.5%
TFC Truist Financial Corp.	0.39%	1,025,069	$40.0M	Reduce -4.0%
WBA Walgreens Boots Alliance Inc.	0.39%	1,839,987	$39.9M	Add +25.3%
COF Capital One Financial Corp.	0.39%	263,724	$39.3M	New
PM Philip Morris International	0.38%	422,888	$38.7M	Reduce -67.3%
ZBH Zimmer Biomet Holdings Inc.	0.37%	288,809	$38.1M	Reduce -7.8%
BWA Borgwarner Inc.	0.34%	1,002,790	$34.8M	Reduce -14.9%
BMY Bristol-Myers Squibb Co.	0.34%	634,113	$34.4M	Reduce -35.3%
CNH CNH Industrial NV	0.32%	2,516,318	$32.6M	Add +46.3%
TDC Teradata Corp.	0.30%	801,592	$31.0M	New
TAP Molson Coors Beverage Co. Class B	0.27%	411,573	$27.7M	Add +7.0%
EVR Evercore Inc. Class A	0.24%	126,243	$24.3M	Reduce -22.4%
MGPI MGP Ingredients Inc.	0.23%	267,720	$23.1M	New
BIO Bio-Rad Laboratories-A	0.22%	65,092	$22.5M	Add +1353.9%
TSM Taiwan Semiconductor-SP ADR	0.21%	160,054	$21.8M	Reduce -10.2%
SNA Snap-on Inc.	0.21%	72,843	$21.6M	Reduce -65.2%
VT Vanguard Tot World STK ETF	0.20%	185,476	$20.5M	Add +75.1%
BRC Brady Corporation Class A	0.17%	289,233	$17.1M	Reduce -1.2%
HCKT The Hackett Group Inc.	0.16%	684,509	$16.6M	Reduce -1.5%
KB KB Financial Group Inc.-ADR filed as KB FINL GROUP INC	0.16%	318,915	$16.6M	Reduce -10.8%
HMN Horace Mann Educators	0.09%	251,127	$9.3M	Reduce -27.4%
VEA Vanguard Ftse Developed ETF	0.08%	155,739	$7.8M	Reduce -52.6%
ORCL Oracle Corp.	0.08%	61,510	$7.7M	No change
USB US Bancorp	0.07%	160,295	$7.2M	Reduce -0.3%
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.07%	176,881	$6.7M	No change
APA Apa Corp.	0.06%	191,442	$6.6M	No change
IWN iShares Russell 2000 Value E	0.06%	41,040	$6.5M	Reduce -9.5%
LMT Lockheed Martin Corp.	0.06%	13,585	$6.2M	No change
PHIN Phinia Inc.	0.06%	148,531	$5.7M	Add +0.1%
WU Western Union Co.	0.05%	369,882	$5.2M	No change
CVX Chevron Corp.	0.05%	32,663	$5.2M	No change
MOS The Mosaic Co.	0.04%	136,582	$4.4M	No change
B Barrick Gold Corp.	0.04%	252,188	$4.2M	No change

Show all 115 holdings

Portfolio Sells Q4 2023 → Q1 2024


PM Philip Morris International	Reduce -67.3%	0.38%	−0.83
BIDU Baidu Inc. - Spon ADR	Reduce -25.4%	1.18%	−0.63
LESLIES INC	Reduce -14.5%	1.60%	−0.41
MANU Manchester United PLC Class A	Reduce -5.7%	0.73%	−0.41
SNA Snap-on Inc.	Reduce -65.2%	0.21%	−0.39
DOX Amdocs Ltd.	Sold out	0.00%	−0.36
CG The Carlyle Group Inc.	Reduce -23.6%	2.25%	−0.33
OSW Onespaworld Holdings Ltd.	Reduce -9.8%	1.57%	−0.31
FAF First American Financial	Reduce -3.9%	2.11%	−0.24
EQC Equity Commonwealth	Sold out	0.00%	−0.23
JLL Jones Lang Lasalle Inc.	Reduce -8.8%	2.76%	−0.21
BMY Bristol-Myers Squibb Co.	Reduce -35.3%	0.34%	−0.16
KMT Kennametal Inc.	Reduce -2.3%	2.26%	−0.16
ZBRA Zebra Technologies Corp. Class A	Reduce -19.2%	1.13%	−0.15
NTAP Netapp Inc.	Reduce -28.7%	0.68%	−0.13
BYD Boyd Gaming Corp.	Reduce -12.3%	1.78%	−0.13
JHG Janus Henderson Group PLC	Reduce -21.3%	0.72%	−0.13
GNRC Generac Holdings Inc.	Reduce -0.9%	2.66%	−0.12
VIV Telefonica Brasil-ADR	Reduce -74.9%	0.03%	−0.11
AXTA Axalta Coating Systems Ltd.	Reduce -6.3%	1.51%	−0.10
SSD Simpson Manufacturing Co. Inc.	Reduce -14.6%	0.68%	−0.10
BCO The Brink's Co.	Reduce -9.1%	1.56%	−0.09
INTC Intel Corp.	Reduce -1.1%	0.57%	−0.09
RCL Royal Caribbean Cruises Ltd.	Reduce -10.0%	1.68%	−0.08
VEA Vanguard Ftse Developed ETF	Reduce -52.6%	0.08%	−0.08
BWA Borgwarner Inc.	Reduce -14.9%	0.34%	−0.08
LH Laboratory CRP of Amer Hldgs	Reduce -1.1%	1.17%	−0.08
GILD Gilead Sciences Inc.	Reduce -0.9%	0.54%	−0.07
SCHW Schwab (charles) Corp.	Reduce -13.5%	0.59%	−0.07
VZ Verizon Communications Inc.	Reduce -16.5%	0.73%	−0.06
MAS Masco Corp.	Reduce -20.3%	0.81%	−0.06
CBRE CBRE Group Inc. Class A	Reduce -11.4%	0.67%	−0.06
CHKP Check Point Software Tech	Reduce -7.8%	2.23%	−0.05
NCLH Norwegian Cruise Line Holdin	Reduce -6.7%	1.20%	−0.05
KKR KKR & Co. Inc.	Reduce -24.2%	0.47%	−0.05
NVT Nvent Electric PLC	Reduce -23.6%	1.04%	−0.04
EVR Evercore Inc. Class A	Reduce -22.4%	0.24%	−0.04
ACWX iShares MSCI Acwi Ex US ETF	Sold out	0.00%	−0.03
HMN Horace Mann Educators	Reduce -27.4%	0.09%	−0.02
GSK GSK PLC-Spon ADR	Sold out	0.00%	−0.02
ZIMV Zimvie Inc.	Reduce -42.9%	0.02%	−0.02
KEYS Keysight Technologies Inc.	Reduce -0.8%	0.41%	−0.02
MSGS Madison Square Garden Sports	Reduce -1.0%	1.70%	−0.01
TIMB Tim SA-ADR	Reduce -70.4%	0.00%	−0.01
MTB M & T Bank Corp.	Reduce -71.7%	0.00%	−0.01
SWK Stanley Black & Decker Inc.	Reduce -0.1%	0.55%	−0.01
FTRE Fortrea Holdings Inc.	Sold out	0.00%	−0.01
IWN iShares Russell 2000 Value E	Reduce -9.5%	0.06%	−0.01
IWS iShares Russell Mid-Cap Valu	Reduce -70.4%	0.00%	−0.01
ZBH Zimmer Biomet Holdings Inc.	Reduce -7.8%	0.37%	−0.00

Portfolio Buys Q4 2023 → Q1 2024


APTV Aptiv Irish Holdings Ltd.	New	0.84%	+0.84
SPHR Sphere Entertainment Co.	Add +2.7%	2.47%	+0.79
CVS CVS Health Corp.	New	0.48%	+0.48
ADT Adt Inc.	Add +31.8%	1.96%	+0.43
SJM The JM Smucker Co.	Add +58.7%	1.08%	+0.39
COF Capital One Financial Corp.	New	0.39%	+0.39
AMG Affiliated Managers Group	Add +6.8%	2.19%	+0.31
TDC Teradata Corp.	New	0.30%	+0.30
PBH Prestige Consumer Healthcare	Add +0.2%	1.83%	+0.27
CLB Core Laboratories Inc.	Add +20.4%	1.82%	+0.24
MGPI MGP Ingredients Inc.	New	0.23%	+0.23
BIO Bio-Rad Laboratories-A	Add +1353.9%	0.22%	+0.21
NVST Envista Holdings Corp.	Add +25.3%	1.87%	+0.17
MAT Mattel Inc.	Add +0.7%	3.04%	+0.13
CNH CNH Industrial NV	Add +46.3%	0.32%	+0.11
VT Vanguard Tot World STK ETF	Add +75.1%	0.20%	+0.09
NOV Nov Inc.	Add +33.5%	0.41%	+0.09
MIDD Middleby Corp.	Add +8.5%	0.51%	+0.07
TAP Molson Coors Beverage Co. Class B	Add +7.0%	0.27%	+0.04
MTN Vail Resorts Inc.	Add +3.4%	0.49%	+0.03
GCMG GCM Grosvenor Inc. Class A	Add +0.8%	0.43%	+0.03
IPG Interpublic Group of Cos Inc.	Add +2.9%	1.77%	+0.03
PHIN Phinia Inc.	Add +0.1%	0.06%	+0.01
WBA Walgreens Boots Alliance Inc.	Add +25.3%	0.39%	+0.01
VWO Vanguard Ftse Emerging Marke	New	0.00%	+0.00
FISV Fiserv Inc.	Add +7.0%	0.01%	+0.00
FICO Fair Isaac Corp.	Add +6.8%	0.00%	+0.00
MSI Motorola Solutions Inc.	Add +6.9%	0.00%	+0.00
REYN Reynolds Consumer Products I	Add +7.0%	0.00%	+0.00
PDCO Patterson Cos Inc.	Add +7.0%	0.00%	+0.00
ST Sensata Technologies Holdplc	Add +7.0%	0.00%	+0.00
DNB Dun & Bradstreet Holdings Inc.	Add +3.9%	0.43%	−0.06
CVSA Covista Inc.	Add +11.1%	1.56%	−0.07
KN Knowles Corp.	Add +3.7%	0.82%	−0.07
LFUS Littelfuse Inc.	Add +1.8%	0.83%	−0.08
LIND Lindblad Expeditions Holding	Add +3.1%	0.81%	−0.15
PARAA Paramount Global Class B	Add +9.3%	1.40%	−0.23

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