Ariel Investments
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 14, 2026), John W. Rogers Jr.'s Ariel Investments reported 106 stock positions worth $8.9 billion. Its top holding was Madison Square Garden Entert (MSGE) at 4.0% of the portfolio, followed by Onespaworld (OSW, 4.0%) and Jones Lang Lasalle (JLL, 3.5%). Compared with Q4 2025, it opened 8 new positions, sold out of 10, added to 45 and reduced 51. The biggest buy was Onespaworld (OSW, shares +10%) and the biggest sale an exit from Check Point Software Tech (CHKP).
- Most Recent 13F
- Q2 2026
- Notable People
- John W. Rogers Jr.
- Location
- CHICAGO, IL
- CIK
- 0000936753
- Portfolio Value
- $8.9B (Q1 2026)
- SEC Filing
- 0000936753-26-000025 ↗ filed May 14, 2026
Holdings Value
Holdings 106 stocks · $8.9B
| MSGE Madison Square Garden Entert | 4.03% | 6,105,583 | $359.7M | Reduce -11.3% |
| OSW Onespaworld Holdings Ltd. | 3.96% | 15,432,414 | $354.2M | Add +10.1% |
| JLL Jones Lang Lasalle Inc. | 3.49% | 1,024,277 | $311.7M | Add +14.7% |
| AMG Affiliated Managers Group | 3.30% | 1,064,030 | $294.4M | Reduce -10.0% |
| SPHR Sphere Entertainment Co. | 3.24% | 2,462,309 | $289.1M | Reduce -22.3% |
| NVST Envista Holdings Corp. | 3.08% | 10,863,592 | $275.6M | Reduce -9.3% |
| NCLH Norwegian Cruise Line Holdin | 3.07% | 14,661,579 | $274.2M | Add +2.2% |
| PBH Prestige Consumer Healthcare | 2.84% | 4,274,326 | $253.3M | Add +4.2% |
| GNRC Generac Holdings Inc. | 2.83% | 1,294,787 | $252.9M | Reduce -9.1% |
| CRL Charles River Laboratories | 2.79% | 1,444,183 | $249.1M | Add +1.1% |
| LAZ Lazard Inc. | 2.77% | 5,826,289 | $247.5M | Add +10.0% |
| FAF First American Financial | 2.59% | 3,839,002 | $231.5M | Reduce -2.0% |
| MSGS Madison Square Garden Sports | 2.58% | 717,341 | $230.6M | Reduce -0.7% |
| CVSA Covista Inc. | 2.49% | 1,931,284 | $222.6M | Add +1.8% |
| CLB Core Laboratories Inc. | 2.48% | 13,170,388 | $221.1M | Reduce -3.6% |
| BIO Bio-Rad Laboratories-A | 2.45% | 785,961 | $219.1M | Add +2.8% |
| BOKF Bok Financial Corporation | 2.36% | 1,649,883 | $211.3M | Reduce -2.3% |
| MIDD Middleby Corp. | 2.34% | 1,574,530 | $208.8M | Add +1.0% |
| REZI Resideo Technologies Inc. | 2.29% | 6,078,851 | $204.9M | Reduce -0.7% |
| MAT Mattel Inc. | 2.21% | 13,567,083 | $197.1M | Add +8.3% |
| CG The Carlyle Group Inc. | 2.16% | 3,981,757 | $192.7M | Add +0.8% |
| BYD Boyd Gaming Corp. | 2.09% | 2,274,418 | $186.9M | Reduce -2.8% |
| GNTX Gentex Corp. | 2.04% | 8,342,402 | $182.3M | Add +5.7% |
| SJM The JM Smucker Co. filed as SMUCKER J M CO | 2.01% | 1,860,459 | $179.4M | Add +15.6% |
| MHK Mohawk Industries Inc. | 1.92% | 1,744,678 | $171.8M | Add +1.7% |
| ZBRA Zebra Technologies Corp. Class A | 1.82% | 777,363 | $162.5M | Add +63.4% |
| NTRS Northern Trust Corp. | 1.78% | 1,141,118 | $159.3M | Reduce -8.6% |
| MANU Manchester United PLC Class A | 1.70% | 9,050,387 | $152.2M | Add +0.8% |
| ADT Adt Inc. | 1.43% | 19,475,052 | $128.0M | Reduce -9.7% |
| AQN Algonquin Power & Utilities | 1.35% | 19,641,661 | $120.6M | Add +23.4% |
| KN Knowles Corp. | 1.10% | 3,818,862 | $98.1M | Reduce -4.5% |
| AXTA Axalta Coating Systems Ltd. | 1.07% | 3,466,960 | $96.0M | Reduce -28.7% |
| BCO The Brink's Co. | 1.07% | 922,958 | $95.6M | Reduce -10.2% |
| LH Labcorp Holdings Inc. | 1.06% | 354,019 | $94.5M | Reduce -1.7% |
| OMC Omnicom Group | 0.93% | 1,104,945 | $83.2M | Add +1.5% |
| XRAY Dentsply Sirona Inc. | 0.83% | 6,386,815 | $74.1M | Add +21.1% |
| LFUS Littelfuse Inc. | 0.82% | 215,427 | $73.1M | Reduce -2.7% |
| NVT Nvent Electric PLC | 0.79% | 596,399 | $70.5M | Reduce -2.7% |
| INTC Intel Corp. | 0.72% | 1,455,291 | $64.2M | Reduce -4.5% |
| SLB SLB Ltd. filed as SLB LIMITED | 0.71% | 1,237,399 | $63.6M | Reduce -3.7% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.71% | 654,369 | $63.1M | Add +17.3% |
| LIND Lindblad Expeditions Holding | 0.67% | 3,439,063 | $59.5M | Reduce -32.8% |
| SMG Scotts Miracle-Gro Co. | 0.66% | 962,642 | $58.5M | New |
| KEYS Keysight Technologies Inc. | 0.65% | 204,324 | $57.7M | Reduce -20.9% |
| FSLR First Solar Inc. | 0.60% | 271,480 | $53.6M | Add +7.9% |
| WEX Wex Inc. | 0.58% | 337,724 | $51.7M | Add +0.3% |
| CVS CVS Health Corp. | 0.56% | 702,151 | $50.4M | Reduce -14.9% |
| RLI Rli Corp. | 0.56% | 872,033 | $49.7M | Add +133.7% |
| FDS Factset Research Systems Inc. | 0.55% | 225,047 | $48.8M | Add +79.4% |
| BMY Bristol-Myers Squibb Co. | 0.49% | 721,731 | $43.8M | Reduce -1.5% |
| T AT&T Inc. | 0.48% | 1,489,147 | $43.2M | Add +23.8% |
| GCMG GCM Grosvenor Inc. Class A | 0.48% | 4,396,403 | $43.1M | Reduce -2.5% |
| KKR KKR & Co. Inc. | 0.45% | 439,405 | $40.6M | Add +65.9% |
| HPE Hewlett Packard Enterprise | 0.44% | 1,659,398 | $39.5M | Add +25.6% |
| SCHW Schwab (charles) Corp. | 0.42% | 402,927 | $37.9M | Add +17.7% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 0.41% | 177,635 | $36.7M | Reduce -1.5% |
| CBRE CBRE Group Inc. Class A | 0.40% | 263,149 | $35.6M | Add +24.7% |
| FDX FedEx Corp. | 0.39% | 98,918 | $35.2M | Add +38.5% |
| MAS Masco Corp. | 0.35% | 523,429 | $31.6M | Add +29.1% |
| KMT Kennametal Inc. | 0.35% | 869,000 | $31.4M | Reduce -63.5% |
| KFY Korn Ferry | 0.33% | 463,417 | $29.2M | Reduce -0.6% |
| SWK Stanley Black & Decker Inc. | 0.32% | 396,952 | $28.2M | Reduce -5.8% |
| GILD Gilead Sciences Inc. | 0.32% | 202,271 | $28.2M | Reduce -1.4% |
| FITB Fifth Third Bancorp | 0.30% | 567,418 | $26.4M | New |
| AFL Aflac Inc. | 0.29% | 239,266 | $26.2M | Add +12.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.28% | 512,111 | $25.0M | Reduce -1.0% |
| FISV Fiserv Inc. | 0.27% | 432,559 | $24.1M | Add +34.7% |
| TAP Molson Coors Beverage Co. Class B | 0.26% | 548,715 | $23.6M | Add +6.3% |
| KMX Carmax Inc. | 0.26% | 561,947 | $23.4M | Reduce -0.3% |
| MSFT Microsoft Corp. | 0.26% | 62,192 | $23.0M | Reduce -63.9% |
| PSKY Paramount Skydance Class B | 0.26% | 2,546,320 | $23.0M | Reduce -1.6% |
| CNP Centerpoint Energy Inc. | 0.23% | 476,867 | $20.6M | Reduce -52.2% |
| SSD Simpson Manufacturing Co. Inc. | 0.18% | 91,750 | $15.7M | Add +0.4% |
| MTN Vail Resorts Inc. | 0.16% | 112,309 | $14.4M | Add +0.1% |
| IWN iShares Russell 2000 Value E | 0.14% | 65,455 | $12.4M | Add +96.5% |
| SNA Snap-on Inc. | 0.13% | 32,608 | $11.8M | Reduce -0.3% |
| MGPI MGP Ingredients Inc. | 0.13% | 628,860 | $11.6M | Reduce -0.1% |
| JNJ Johnson & Johnson | 0.11% | 40,553 | $9.9M | Reduce -6.3% |
| APA Apa Corp. | 0.11% | 222,147 | $9.4M | Reduce -25.3% |
| PHIN Phinia Inc. | 0.10% | 132,555 | $9.1M | Reduce -5.4% |
| CVX Chevron Corp. | 0.10% | 41,499 | $8.6M | No change |
| B Barrick Mining Corp. | 0.09% | 207,277 | $8.5M | Reduce -4.1% |
| LMT Lockheed Martin Corp. | 0.09% | 13,114 | $7.9M | Reduce -2.5% |
| HCKT The Hackett Group Inc. | 0.06% | 425,568 | $5.5M | Reduce -0.6% |
| TSM Taiwan Semiconductor-SP ADR | 0.06% | 16,092 | $5.4M | Add +58.4% |
| KB KB Financial Group Inc.-ADR filed as KB FINL GROUP INC | 0.06% | 49,961 | $5.0M | Reduce -2.6% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.05% | 19,764 | $4.3M | Add +28.7% |
| MOS The Mosaic Co. | 0.04% | 148,341 | $3.8M | Add +0.9% |
| BWA Borgwarner Inc. | 0.04% | 64,987 | $3.5M | No change |
| LESL Leslie's Inc. | 0.04% | 2,882,994 | $3.2M | Add +1.6% |
| BAP Credicorp Ltd. | 0.03% | 7,585 | $2.6M | Add +32.2% |
| ORCL Oracle Corp. | 0.03% | 16,367 | $2.4M | Reduce -0.1% |
| IFS Intercorp Financial Services | 0.03% | 46,465 | $2.3M | Add +34.0% |
| KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC | 0.02% | 22,724 | $1.7M | Add +72.5% |
| VT Vanguard Tot World STK ETF | 0.02% | 9,964 | $1.4M | New |
| VWO Vanguard Ftse Emerging Marke | 0.01% | 20,245 | $1.1M | New |
| RCL Royal Caribbean Cruises Ltd. | 0.01% | 1,740 | $479K | New |
| VXUS Vanguard Total Intl Stock | 0.00% | 4,685 | $361K | New |
| HDB HDFC Bank Ltd.-ADR | 0.00% | 14,072 | $350K | Add +7.0% |
| XCEM Columbia Em Core Ex-China | 0.00% | 8,466 | $345K | New |
Portfolio Sells Q4 2025 → Q1 2026
| CHKP Check Point Software Tech | Sold out | 0.00% | −0.93 |
| MSFT Microsoft Corp. | Reduce -63.9% | 0.26% | −0.64 |
| AXTA Axalta Coating Systems Ltd. | Reduce -28.7% | 1.07% | −0.62 |
| JHG Janus Henderson Group PLC | Sold out | 0.00% | −0.60 |
| ADT Adt Inc. | Reduce -9.7% | 1.43% | −0.45 |
| COF Capital One Financial Corp. | Sold out | 0.00% | −0.42 |
| WBS Webster Financial Corp. | Sold out | 0.00% | −0.39 |
| AMG Affiliated Managers Group | Reduce -10.0% | 3.30% | −0.39 |
| KMT Kennametal Inc. | Reduce -63.5% | 0.35% | −0.38 |
| NTAP Netapp Inc. | Sold out | 0.00% | −0.37 |
| HUM Humana Inc. | Sold out | 0.00% | −0.23 |
| BCO The Brink's Co. | Reduce -10.2% | 1.07% | −0.22 |
| CNP Centerpoint Energy Inc. | Reduce -52.2% | 0.23% | −0.18 |
| CVS CVS Health Corp. | Reduce -14.9% | 0.56% | −0.14 |
| LIND Lindblad Expeditions Holding | Reduce -32.8% | 0.67% | −0.13 |
| PSKY Paramount Skydance Class B | Reduce -1.6% | 0.26% | −0.12 |
| GCMG GCM Grosvenor Inc. Class A | Reduce -2.5% | 0.48% | −0.07 |
| BYD Boyd Gaming Corp. | Reduce -2.8% | 2.09% | −0.06 |
| NTRS Northern Trust Corp. | Reduce -8.6% | 1.78% | −0.06 |
| MGPI MGP Ingredients Inc. | Reduce -0.1% | 0.13% | −0.04 |
| GS Goldman Sachs Group Inc. | Sold out | 0.00% | −0.03 |
| HCKT The Hackett Group Inc. | Reduce -0.6% | 0.06% | −0.03 |
| REZI Resideo Technologies Inc. | Reduce -0.7% | 2.29% | −0.03 |
| BAC Bank of America Corp. | Reduce -1.0% | 0.28% | −0.03 |
| SWK Stanley Black & Decker Inc. | Reduce -5.8% | 0.32% | −0.02 |
| SPHR Sphere Entertainment Co. | Reduce -22.3% | 3.24% | −0.02 |
| VEA Vanguard Ftse Developed ETF | Sold out | 0.00% | −0.02 |
| CPA Copa Holdings SA Class A | Sold out | 0.00% | −0.01 |
| FAF First American Financial | Reduce -2.0% | 2.59% | −0.01 |
| ORCL Oracle Corp. | Reduce -0.1% | 0.03% | −0.01 |
| B Barrick Mining Corp. | Reduce -4.1% | 0.09% | −0.01 |
| KFY Korn Ferry | Reduce -0.6% | 0.33% | −0.01 |
| FICO Fair Isaac Corp. | Reduce -7.7% | 0.00% | −0.00 |
| IWD iShares Russell 1000 Value E | Sold out | 0.00% | −0.00 |
| PGR Progressive Corp. | Reduce -7.7% | 0.00% | −0.00 |
| ZBH Zimmer Biomet Holdings Inc. | Reduce -6.7% | 0.00% | −0.00 |
| BRC Brady Corporation Class A | Reduce -7.7% | 0.00% | 0.00 |
| MSI Motorola Solutions Inc. | Reduce -7.8% | 0.00% | +0.00 |
| PHIN Phinia Inc. | Reduce -5.4% | 0.10% | +0.01 |
| KB KB Financial Group Inc.-ADR | Reduce -2.6% | 0.06% | +0.01 |
| SNA Snap-on Inc. | Reduce -0.3% | 0.13% | +0.01 |
| JNJ Johnson & Johnson | Reduce -6.3% | 0.11% | +0.01 |
| MTB M & T Bank Corp. | Reduce -1.5% | 0.41% | +0.02 |
| LMT Lockheed Martin Corp. | Reduce -2.5% | 0.09% | +0.02 |
| MSGE Madison Square Garden Entert | Reduce -11.3% | 4.03% | +0.02 |
| KMX Carmax Inc. | Reduce -0.3% | 0.26% | +0.03 |
| APA Apa Corp. | Reduce -25.3% | 0.11% | +0.03 |
| GILD Gilead Sciences Inc. | Reduce -1.4% | 0.32% | +0.04 |
| BMY Bristol-Myers Squibb Co. | Reduce -1.5% | 0.49% | +0.06 |
| KEYS Keysight Technologies Inc. | Reduce -20.9% | 0.65% | +0.08 |
Portfolio Buys Q4 2025 → Q1 2026
| OSW Onespaworld Holdings Ltd. | Add +10.1% | 3.96% | +0.83 |
| SMG Scotts Miracle-Gro Co. | New | 0.66% | +0.66 |
| ZBRA Zebra Technologies Corp. Class A | Add +63.4% | 1.82% | +0.57 |
| CVSA Covista Inc. | Add +1.8% | 2.49% | +0.37 |
| SJM The JM Smucker Co. | Add +15.6% | 2.01% | +0.31 |
| RLI Rli Corp. | Add +133.7% | 0.56% | +0.30 |
| FITB Fifth Third Bancorp | New | 0.30% | +0.30 |
| AQN Algonquin Power & Utilities | Add +23.4% | 1.35% | +0.29 |
| JLL Jones Lang Lasalle Inc. | Add +14.7% | 3.49% | +0.24 |
| XRAY Dentsply Sirona Inc. | Add +21.1% | 0.83% | +0.18 |
| FDX FedEx Corp. | Add +38.5% | 0.39% | +0.17 |
| T AT&T Inc. | Add +23.8% | 0.48% | +0.16 |
| MANU Manchester United PLC Class A | Add +0.8% | 1.70% | +0.16 |
| FDS Factset Research Systems Inc. | Add +79.4% | 0.55% | +0.15 |
| PBH Prestige Consumer Healthcare | Add +4.2% | 2.84% | +0.10 |
| HPE Hewlett Packard Enterprise | Add +25.6% | 0.44% | +0.10 |
| KKR KKR & Co. Inc. | Add +65.9% | 0.45% | +0.09 |
| MAS Masco Corp. | Add +29.1% | 0.35% | +0.08 |
| IWN iShares Russell 2000 Value E | Add +96.5% | 0.14% | +0.07 |
| GNTX Gentex Corp. | Add +5.7% | 2.04% | +0.06 |
| SCHW Schwab (charles) Corp. | Add +17.7% | 0.42% | +0.05 |
| AFL Aflac Inc. | Add +12.8% | 0.29% | +0.04 |
| FISV Fiserv Inc. | Add +34.7% | 0.27% | +0.04 |
| WEX Wex Inc. | Add +0.3% | 0.58% | +0.04 |
| CBRE CBRE Group Inc. Class A | Add +24.7% | 0.40% | +0.03 |
| TSM Taiwan Semiconductor-SP ADR | Add +58.4% | 0.06% | +0.03 |
| DIS The Walt Disney Co. | Add +17.3% | 0.71% | +0.02 |
| SSD Simpson Manufacturing Co. Inc. | Add +0.4% | 0.18% | +0.02 |
| VT Vanguard Tot World STK ETF | New | 0.02% | +0.02 |
| VWO Vanguard Ftse Emerging Marke | New | 0.01% | +0.01 |
| BAP Credicorp Ltd. | Add +32.2% | 0.03% | +0.01 |
| IFS Intercorp Financial Services | Add +34.0% | 0.03% | +0.01 |
| KSPI JSC Kaspi.kz ADR | Add +72.5% | 0.02% | +0.01 |
| RCL Royal Caribbean Cruises Ltd. | New | 0.01% | +0.01 |
| AJG Arthur J Gallagher & Co. | Add +28.7% | 0.05% | +0.01 |
| TAP Molson Coors Beverage Co. Class B | Add +6.3% | 0.26% | +0.00 |
| MOS The Mosaic Co. | Add +0.9% | 0.04% | +0.00 |
| VXUS Vanguard Total Intl Stock | New | 0.00% | +0.00 |
| XCEM Columbia Em Core Ex-China | New | 0.00% | +0.00 |
| IWS iShares Russell Mid-Cap Valu | New | 0.00% | +0.00 |
| MTN Vail Resorts Inc. | Add +0.1% | 0.16% | +0.00 |
| HDB HDFC Bank Ltd.-ADR | Add +7.0% | 0.00% | −0.00 |
| LAZ Lazard Inc. | Add +10.0% | 2.77% | −0.01 |
| LESL Leslie's Inc. | Add +1.6% | 0.04% | −0.01 |
| OMC Omnicom Group | Add +1.5% | 0.93% | −0.02 |
| BIO Bio-Rad Laboratories-A | Add +2.8% | 2.45% | −0.05 |
| MHK Mohawk Industries Inc. | Add +1.7% | 1.92% | −0.10 |
| FSLR First Solar Inc. | Add +7.9% | 0.60% | −0.11 |
| MIDD Middleby Corp. | Add +1.0% | 2.34% | −0.17 |
| CRL Charles River Laboratories | Add +1.1% | 2.79% | −0.29 |
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 |