# ARIEL INVESTMENTS, LLC: Form 13F holdings

An institutional investment manager in CHICAGO, IL. SEC CIK 936753.

- Quarter ended: 2026-06-30
- Filed: 2026-08-14
- Reported value: $10.03bn
- Positions: 106 (199 lines in the filing's table; lines for the same security and option type are added together here)
- Compared with: the 13F for the quarter ended 2026-03-31
- Filing: https://www.sec.gov/Archives/edgar/data/936753/000093675326000050/

## Holdings

As filed, largest first. Reported value is what the manager stated at the quarter end (Jun 30, 2026), in US dollars; it is filing data, not a price. Weight is the share of the total reported value.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [MADISON SQUARE GARDEN ENTMT (MSGE)](/companies/msge.md) | COM CL A | $428.9m | 4.3% | 5,302,754 |  | Reduced −802,829 |
| ONESPAWORLD HOLDINGS LIMITED | COM | $420.4m | 4.2% | 14,888,182 |  | Reduced −544,232 |
| [CHARLES RIV LABS INTL INC (CRL)](/companies/crl.md) | COM | $341.6m | 3.4% | 1,506,185 |  | Added +62,002 |
| [AFFILIATED MANAGERS GROUP (AMG)](/companies/amg.md) | COM | $338.3m | 3.4% | 999,676 |  | Reduced −64,354 |
| [JONES LANG LASALLE INC (JLL)](/companies/jll.md) | COM | $328.6m | 3.3% | 1,060,265 |  | Added +35,988 |
| NORWEGIAN CRUISE LINE HLDGS | SHS | $325.7m | 3.2% | 15,430,947 |  | Added +769,368 |
| [GENERAC HLDGS INC (GNRC)](/companies/gnrc.md) | COM | $292.2m | 2.9% | 997,951 |  | Reduced −296,836 |
| [SPHERE ENTERTAINMENT CO (SPHR)](/companies/sphr.md) | CL A | $288.2m | 2.9% | 1,665,326 |  | Reduced −796,983 |
| [MIDDLEBY CORP (MIDD)](/companies/midd.md) | COM | $282.8m | 2.8% | 1,644,006 |  | Added +69,476 |
| [MADISON SQUARE GRDN SPRT COR (MSGS)](/companies/msgs.md) | CL A | $264.6m | 2.6% | 658,551 |  | Reduced −58,790 |
| [ENVISTA HOLDINGS CORPORATION (NVST)](/companies/nvst.md) | COM | $258.7m | 2.6% | 9,818,177 |  | Reduced −1,045,415 |
| [ZEBRA TECHNOLOGIES CORPORATI (ZBRA)](/companies/zbra.md) | CL A | $243.0m | 2.4% | 922,998 |  | Added +145,635 |
| [LAZARD INC (LAZ)](/companies/laz.md) | COM | $241.4m | 2.4% | 5,755,404 |  | Reduced −70,885 |
| [BIO RAD LABS INC (BIO)](/companies/bio.md) | CL A | $239.8m | 2.4% | 816,751 |  | Added +30,790 |
| [PRESTIGE CONSMR HEALTHCARE I (PBH)](/companies/pbh.md) | COM | $230.1m | 2.3% | 4,868,711 |  | Added +594,385 |
| [BOK FINL CORP (BOKF)](/companies/bokf.md) | COM NEW | $226.0m | 2.3% | 1,627,416 |  | Reduced −22,467 |
| [FIRST AMERN FINL CORP (FAF)](/companies/faf.md) | COM | $221.5m | 2.2% | 3,229,706 |  | Reduced −609,296 |
| [COVISTA INC (CVSA)](/companies/cvsa.md) | COM | $220.9m | 2.2% | 1,771,844 |  | Reduced −159,440 |
| [MATTEL INC (MAT)](/companies/mat.md) | COM | $214.0m | 2.1% | 15,415,955 |  | Added +1,848,872 |
| [MOHAWK INDS INC (MHK)](/companies/mhk.md) | COM | $213.1m | 2.1% | 1,756,773 |  | Added +12,095 |
| MANCHESTER UTD PLC NEW | ORD CL A | $212.3m | 2.1% | 9,258,276 |  | Added +207,889 |
| [GENTEX CORP (GNTX)](/companies/gntx.md) | COM | $210.0m | 2.1% | 8,309,786 |  | Reduced −32,616 |
| [SMUCKER J M CO (SJM)](/companies/sjm.md) | COM NEW | $202.4m | 2.0% | 1,798,871 |  | Reduced −61,588 |
| [BOYD GAMING CORP (BYD)](/companies/byd.md) | COM | $192.8m | 1.9% | 2,182,342 |  | Reduced −92,076 |
| [CARLYLE GROUP INC (CG)](/companies/cg.md) | COM | $191.5m | 1.9% | 4,548,683 |  | Added +566,926 |
| [RESIDEO TECHNOLOGIES INC (REZI)](/companies/rezi.md) | COM | $191.0m | 1.9% | 6,141,052 |  | Added +62,201 |
| [NORTHERN TR CORP (NTRS)](/companies/ntrs.md) | COM | $169.0m | 1.7% | 972,340 |  | Reduced −168,778 |
| [CORE LABORATORIES INC (CLB)](/companies/clb.md) | COM | $164.0m | 1.6% | 14,074,945 |  | Added +904,557 |
| [HAEMONETICS CORP MASS (HAE)](/companies/hae.md) | COM | $154.6m | 1.5% | 2,060,966 |  | New +2,060,966 |
| [RLI CORP (RLI)](/companies/rli.md) | COM | $148.8m | 1.5% | 2,519,527 |  | Added +1,647,494 |
| [MASCO CORP (MAS)](/companies/mas.md) | COM | $133.0m | 1.3% | 1,635,096 |  | Added +1,111,667 |
| AXALTA COATING SYS LTD | COM | $118.5m | 1.2% | 3,462,010 |  | Reduced −4,950 |
| [ADT INC DEL (ADT)](/companies/adt.md) | COM | $116.1m | 1.2% | 17,858,375 |  | Reduced −1,616,677 |
| [LABCORP HOLDINGS INC (LH)](/companies/lh.md) | COM SHS | $97.8m | 1.0% | 349,112 |  | Reduced −4,907 |
| [SCOTTS MIRACLE-GRO CO (SMG)](/companies/smg.md) | CL A | $96.1m | 1.0% | 1,410,981 |  | Added +448,339 |
| [KNOWLES CORP (KN)](/companies/kn.md) | COM | $94.8m | 0.9% | 2,284,673 |  | Reduced −1,534,189 |
| [BRINKS CO (BCO)](/companies/bco.md) | COM | $86.1m | 0.9% | 911,321 |  | Reduced −11,637 |
| [OMNICOM GROUP INC (OMC)](/companies/omc.md) | COM | $85.5m | 0.9% | 1,174,452 |  | Added +69,507 |
| [DENTSPLY SIRONA INC (XRAY)](/companies/xray.md) | COM | $85.2m | 0.8% | 8,026,107 |  | Added +1,639,292 |
| [LINDBLAD EXPEDITIONS HLDGS I (LIND)](/companies/lind.md) | COM | $78.0m | 0.8% | 2,762,484 |  | Reduced −676,579 |
| [INTEL CORP (INTC)](/companies/intc.md) | COM | $76.6m | 0.8% | 548,831 |  | Reduced −906,460 |
| [CVS HEALTH CORP (CVS)](/companies/cvs.md) | COM | $75.5m | 0.8% | 730,110 |  | Added +27,959 |
| [LITTELFUSE INC (LFUS)](/companies/lfus.md) | COM | $74.4m | 0.7% | 163,376 |  | Reduced −52,051 |
| [DISNEY WALT CO (DIS)](/companies/dis.md) | COM | $61.2m | 0.6% | 635,446 |  | Reduced −18,923 |
| [FIRST SOLAR INC (FSLR)](/companies/fslr.md) | COM | $57.2m | 0.6% | 242,450 |  | Reduced −29,030 |
| [GCM GROSVENOR INC (GCMG)](/companies/gcmg.md) | COM CL A | $54.3m | 0.5% | 4,415,839 |  | Added +19,436 |
| [SLB LIMITED (SLB)](/companies/slb.md) | COM STK | $54.1m | 0.5% | 1,163,320 |  | Reduced −74,079 |
| [FACTSET RESH SYS INC (FDS)](/companies/fds.md) | COM | $53.9m | 0.5% | 234,096 |  | Added +9,049 |
| [KEYSIGHT TECHNOLOGIES INC (KEYS)](/companies/keys.md) | COM | $51.0m | 0.5% | 145,711 |  | Reduced −58,613 |
| NVENT ELEC PLC | SHS | $50.7m | 0.5% | 299,032 |  | Reduced −297,367 |
| [PPL CORP (PPL)](/companies/ppl.md) | COM | $49.1m | 0.5% | 1,349,987 |  | New +1,349,987 |
| [SCHWAB CHARLES CORP (SCHW)](/companies/schw.md) | COM | $48.5m | 0.5% | 525,299 |  | Added +122,372 |
| [WEX INC (WEX)](/companies/wex.md) | COM | $46.8m | 0.5% | 331,383 |  | Reduced −6,341 |
| [CBRE GROUP INC (CBRE)](/companies/cbre.md) | CL A | $46.3m | 0.5% | 343,527 |  | Added +80,378 |
| [M & T BK CORP (MTB)](/companies/mtb.md) | COM | $41.6m | 0.4% | 174,574 |  | Reduced −3,061 |
| [BRISTOL-MYERS SQUIBB CO (BMY)](/companies/bmy.md) | COM | $40.1m | 0.4% | 696,430 |  | Reduced −25,301 |
| [AT&T INC (T)](/companies/t.md) | COM | $39.8m | 0.4% | 1,924,404 |  | Added +435,257 |
| [KKR & CO INC (KKR)](/companies/kkr.md) | COM | $38.9m | 0.4% | 424,241 |  | Reduced −15,164 |
| [ALGONQUIN POWER & UTILITIES (AQN)](/companies/aqn.md) | COM | $38.7m | 0.4% | 6,608,611 |  | Reduced −13,033,050 |
| [DYNATRACE INC (DT)](/companies/dt.md) | COM NEW | $34.6m | 0.3% | 788,488 |  | New +788,488 |
| [HEWLETT PACKARD ENTERPRISE C (HPE)](/companies/hpe.md) | COM | $33.9m | 0.3% | 751,355 |  | Reduced −908,043 |
| [HOULIHAN LOKEY INC (HLI)](/companies/hli.md) | CL A | $32.8m | 0.3% | 244,520 |  | New +244,520 |
| [FIFTH THIRD BANCORP (FITB)](/companies/fitb.md) | COM | $31.3m | 0.3% | 554,673 |  | Reduced −12,745 |
| [KORN FERRY (KFY)](/companies/kfy.md) | COM NEW | $30.0m | 0.3% | 450,116 |  | Reduced −13,301 |
| [FEDEX CORP (FDX)](/companies/fdx.md) | COM | $29.9m | 0.3% | 95,476 |  | Reduced −3,442 |
| [BANK OF AMER CORP (BAC)](/companies/bac.md) | COM | $28.1m | 0.3% | 492,572 |  | Reduced −19,539 |
| [AFLAC INC (AFL)](/companies/afl.md) | COM | $27.7m | 0.3% | 236,216 |  | Reduced −3,050 |
| [FISERV INC (FISV)](/companies/fisv.md) | COM | $26.7m | 0.3% | 545,115 |  | Added +112,556 |
| [GILEAD SCIENCES INC (GILD)](/companies/gild.md) | COM | $24.7m | 0.2% | 195,657 |  | Reduced −6,614 |
| [LESLIES INC (LESLQ)](/companies/leslq.md) | COM | $24.5m | 0.2% | 2,416,405 |  | Reduced −466,589 |
| [CAPITAL ONE FINL CORP (COF)](/companies/cof.md) | COM | $21.7m | 0.2% | 108,339 |  | New +108,339 |
| ROYAL CARIBBEAN GROUP | COM | $21.3m | 0.2% | 67,173 |  | Added +65,433 |
| [SIMPSON MFG INC (SSD)](/companies/ssd.md) | COM | $20.8m | 0.2% | 99,589 |  | Added +7,839 |
| [CENTERPOINT ENERGY INC (CNP)](/companies/cnp.md) | COM | $20.3m | 0.2% | 460,132 |  | Reduced −16,735 |
| [CARMAX INC (KMX)](/companies/kmx.md) | COM | $18.3m | 0.2% | 346,538 |  | Reduced −215,409 |
| ISHARES TR | RUS 2000 VAL ETF | $17.0m | 0.2% | 76,697 |  | Added +11,242 |
| [VAIL RESORTS INC (MTN)](/companies/mtn.md) | COM | $14.9m | 0.1% | 109,130 |  | Reduced −3,179 |
| [PROGRESSIVE CORP (PGR)](/companies/pgr.md) | COM | $12.9m | 0.1% | 58,906 |  | Added +57,896 |
| [SNAP ON INC (SNA)](/companies/sna.md) | COM | $11.6m | 0.1% | 28,940 |  | Reduced −3,668 |
| [MGP INGREDIENTS INC NEW (MGPI)](/companies/mgpi.md) | COM | $10.7m | 0.1% | 610,729 |  | Reduced −18,131 |
| [PHINIA INC (PHIN)](/companies/phin.md) | COMMON STOCK | $9.3m | <0.1% | 113,193 |  | Reduced −19,362 |
| [JOHNSON & JOHNSON (JNJ)](/companies/jnj.md) | COM | $9.0m | <0.1% | 35,393 |  | Reduced −5,160 |
| [TAIWAN SEMICONDUCTOR MANUFAC (TSM)](/companies/tsm.md) | SPONSORED ADS | $8.5m | <0.1% | 17,838 |  | Added +1,746 |
| [FEDEX FGHT HLDG CO INC (FDXF)](/companies/fdxf.md) | COMMON STOCK | $7.2m | <0.1% | 47,734 |  | New +47,734 |
| [BARRICK MNG CORP (B)](/companies/b.md) | COM SHS | $7.1m | <0.1% | 194,488 |  | Reduced −12,789 |
| [APA CORPORATION (APA)](/companies/apa.md) | COM | $6.1m | <0.1% | 186,521 |  | Reduced −35,626 |
| [CHEVRON CORPORATION (CVX)](/companies/cvx.md) | COM | $5.7m | <0.1% | 34,626 |  | Reduced −6,873 |
| [LOCKHEED MARTIN CORP (LMT)](/companies/lmt.md) | COM | $5.6m | <0.1% | 11,045 |  | Reduced −2,069 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | $5.4m | <0.1% | 75,980 |  | New +75,980 |
| VANGUARD INTL EQUITY INDEX F | TT WRLD ST ETF | $4.4m | <0.1% | 27,941 |  | Added +17,977 |
| [GALLAGHER ARTHUR J & CO (AJG)](/companies/ajg.md) | COM | $4.3m | <0.1% | 18,597 |  | Reduced −1,167 |
| [BORGWARNER INC (BWA)](/companies/bwa.md) | COM | $3.7m | <0.1% | 55,049 |  | Reduced −9,938 |
| [KB FINL GROUP INC (KB)](/companies/kb.md) | SPONSORED ADR | $2.8m | <0.1% | 26,798 |  | Reduced −23,163 |
| [MOSAIC CO (MOS)](/companies/mos.md) | COM | $2.6m | <0.1% | 123,607 |  | Reduced −24,734 |
| [KASPI KZ JSC (KSPI)](/companies/kspi.md) | SPONSORED ADS | $2.0m | <0.1% | 23,614 |  | Added +890 |
| [ORACLE CORP (ORCL)](/companies/orcl.md) | COM | $2.0m | <0.1% | 13,730 |  | Reduced −2,637 |
| COLUMBIA ETF TR II | EM CORE EX ETF | $881.6k | <0.1% | 16,671 |  | Added +8,205 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | $600.8k | <0.1% | 10,065 |  | Reduced −10,180 |
| [HDFC BANK LTD (HDB)](/companies/hdb.md) | SPONSORED ADS | $363.5k | <0.1% | 14,072 |  | Unchanged |
| [MOTOROLA SOLUTIONS INC (MSI)](/companies/msi.md) | COM NEW | $287.4k | <0.1% | 692 |  | Reduced −4 |
| [KENNAMETAL INC (KMT)](/companies/kmt.md) | COM | $273.9k | <0.1% | 7,814 |  | Reduced −861,186 |
| [ZIMMER BIOMET HOLDINGS INC (ZBH)](/companies/zbh.md) | COM | $258.2k | <0.1% | 2,999 |  | Reduced −15 |
| [BRADY CORP (BRC)](/companies/brc.md) | CL A | $251.5k | <0.1% | 2,747 |  | Reduced −17 |
| [FAIR ISAAC CORP (FICO)](/companies/fico.md) | COM | $242.5k | <0.1% | 203 |  | Reduced −1 |
| ISHARES TR | RUS 1000 VAL ETF | $217.0k | <0.1% | 895 |  | New +895 |
| ISHARES TR | RUS MDCP VAL ETF | $188.5k | <0.1% | 1,145 |  | Unchanged |

## Sold out

Held at the end of the quarter before and not reported this quarter.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| CREDICORP LTD | COM | $0 | 0.0% | 0 |  | Sold out −7,585 |
| [HACKETT GROUP INC (HCKT)](/companies/hckt.md) | COM | $0 | 0.0% | 0 |  | Sold out −425,568 |
| INTERCORP FINL SVCS INC | SHS | $0 | 0.0% | 0 |  | Sold out −46,465 |
| [MICROSOFT CORP (MSFT)](/companies/msft.md) | COM | $0 | 0.0% | 0 |  | Sold out −62,192 |
| [MOLSON COORS BEVERAGE CO (TAP)](/companies/tap.md) | CL B | $0 | 0.0% | 0 |  | Sold out −548,715 |
| [PARAMOUNT SKYDANCE CORP (SKYD)](/companies/skyd.md) | COM CL B | $0 | 0.0% | 0 |  | Sold out −2,546,320 |
| [STANLEY BLACK & DECKER INC (SWK)](/companies/swk.md) | COM | $0 | 0.0% | 0 |  | Sold out −396,952 |
| VANGUARD STAR FDS | VG TL INTL STK F | $0 | 0.0% | 0 |  | Sold out −4,685 |

Source: SEC EDGAR, Form 13F-HR, accession 0000936753-26-000050. Last ingested by Listed: Oct 22, 2026, 05:26 ET. No prices; not investment advice.