ARIEL INVESTMENTS, LLC
Sector Allocation
- Financials19.0%$1.9B
- Communication Services18.1%$1.8B
- Industrials16.4%$1.6B
- Healthcare15.5%$1.6B
- Consumer Discretionary11.5%$1.2B
- Technology7.8%$779.7M
- Real Estate3.7%$374.9M
- Energy2.3%$229.9M
- Materials2.2%$224.3M
- Consumer Staples2.1%$213.1M
AUM History
13fpro.ai/research/fund/ariel-investments-llc-936753
Conviction and streaks
Stable · top 10 = 33.0%From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.
Largest positions — Q2 2026
MSGE
$428.9MOSW
$420.4MCRL
$341.6MAMG
$338.3MJLL
$328.6MNCLH
$325.7MGNRC
$292.2MSPHR
$288.2MMIDD
$282.8MMSGS
$264.6MNVST
$258.7MZBRA
$243.0MLAZ
$241.4MBIO
$239.8MPBH
$230.1MBOKF
$226.0MFAF
$221.5MCVSA
$220.9MMAT
$214.0MMHK
$213.1M
Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.
13fpro.ai/research/fund/ariel-investments-llc-936753
ARIEL INVESTMENTS, LLC 13F holdings — Q2 2026
$10.0B portfolio (+12.3% QoQ) · 106 holdings · Q2 2026 13F · top 10 are 33% of the stock portfolio
$428.9M
4.3% of stocks
-13%This quarter-10.3%Since filed7+ qtrsHeldAIQuality57.8#1,066Est. buyEstimated buy price is Pro: unlock with a free trialTrimmed 4 qtrs in a row$420.4M
4.2% of stocks
-4%This quarter-10.9%Since filed7+ qtrsHeld$341.6M
3.4% of stocks
+4%This quarter+27.6%Since filed7+ qtrsHeldAIQuality43.7#1,957Est. buyEstimated buy price is Pro: unlock with a free trialAdded 2 qtrs in a row$338.3M
3.4% of stocks
-6%This quarter+4.4%Since filed7+ qtrsHeldAIQuality55.8#1,208Est. buyEstimated buy price is Pro: unlock with a free trialTrimmed 6 qtrs in a row$328.6M
3.3% of stocks
+4%This quarter-19.8%Since filed7+ qtrsHeld$325.7M
3.3% of stocks
+5%This quarter-19.8%Since filed7+ qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialAdded 3 qtrs in a row$292.2M
2.9% of stocks
-23%This quarter-13.7%Since filed7+ qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialTrimmed 4 qtrs in a row$288.2M
2.9% of stocks
-32%This quarter-34.3%Since filed7+ qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialTrimmed 4 qtrs in a row$282.8M
2.8% of stocks
+4%This quarter-2.9%Since filed7+ qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialAdded 4 qtrs in a row$264.6M
2.6% of stocks
-8%This quarter-5.6%Since filed7+ qtrsHeld
All holdings — ARIEL INVESTMENTS, LLC (Q2 2026)
106 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.
| # | Company | Held | Source | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 11 | Envista Holdings Corp | Healthcare | $258.7M | 2.6% | 9.82M | -10% | 7+ qtrsTrimmed 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 12 | ZEBRA TECHNOLOGIES CORP | Industrials | $243.0M | 2.4% | 923K | +19% | 7+ qtrsAdded 3 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 13 | Lazard, Inc. | Financials | $241.4M | 2.4% | 5.76M | -1% | 7+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 14 | BIO-RAD LABORATORIES, INC. | Healthcare | $239.8M | 2.4% | 817K | +4% | 7+ qtrsAdded 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 15 | Prestige Consumer Healthcare Inc. | Healthcare | $230.1M | 2.3% | 4.87M | +14% | 7+ qtrsAdded 4 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 16 | BOK FINANCIAL CORP | Financials | $226.0M | 2.3% | 1.63M | -1% | 7+ qtrsTrimmed 5 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 17 | First American Financial Corp | Financials | $221.5M | 2.2% | 3.23M | -16% | 7+ qtrsTrimmed 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 18 | Covista Inc. | Consumer Discretionary | $220.9M | 2.2% | 1.77M | -8% | 7+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 19 | MATTEL INC /DE/ | Consumer Discretionary | $214.0M | 2.1% | 15.42M | +14% | 7+ qtrsAdded 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 20 | MOHAWK INDUSTRIES INC | Consumer Discretionary | $213.1M | 2.1% | 1.76M | +0.7% | 7+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 21 | Manchester United plc | Communication Services | $212.3M | 2.1% | 9.26M | +2% | 7+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 22 | GENTEX CORP | Industrials | $210.0M | 2.1% | 8.31M | -0.4% | 7+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 23 | J M SMUCKER Co | Consumer Staples | $202.4M | 2.0% | 1.80M | -3% | 7+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 24 | BOYD GAMING CORP | Consumer Discretionary | $192.8M | 1.9% | 2.18M | -4% | 7+ qtrsTrimmed 6 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 25 | Carlyle Group Inc. | Financials | $191.5M | 1.9% | 4.55M | +14% | 7+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 26 | $REZI | RESIDEO TECHNOLOGIES, INC. | Consumer Discretionary | $191.0M | 1.9% | 6.14M | +1% | |||
| 27 | $NTRS | NORTHERN TRUST CORP | Financials | $169.0M | 1.7% | 972K | -15% | |||
| 28 | $CLB | Core Laboratories Inc. /DE/ | Energy | $164.0M | 1.6% | 14.07M | +7% | |||
| 29 | $HAE | HAEMONETICS CORP | Healthcare | $154.6M | 1.5% | 2.06M | New | |||
| 30 | $RLI | RLI CORP | Financials | $148.8M | 1.5% | 2.52M | +189% | |||
| 31 | $MAS | MASCO CORP /DE/ | Industrials | $133.0M | 1.3% | 1.64M | +212% | |||
| 32 | $AXTA | Axalta Coating Systems Ltd. | Materials | $118.5M | 1.2% | 3.46M | -0.1% | |||
| 33 | $ADT | ADT Inc. | Industrials | $116.1M | 1.2% | 17.86M | -8% | |||
| 34 | $LH | LABCORP HOLDINGS INC. | Healthcare | $97.8M | 1.0% | 349K | -1% | |||
| 35 | $SMG | SCOTTS MIRACLE-GRO CO | Materials | $96.1M | 1.0% | 1.41M | +47% | |||
| 36 | $KN | Knowles Corp | Technology | $94.8M | 0.9% | 2.28M | -40% | |||
| 37 | $BCO | BRINKS CO | Industrials | $86.1M | 0.9% | 911K | -1% | |||
| 38 | $OMC | OMNICOM GROUP INC. | Communication Services | $85.5M | 0.8% | 1.17M | +6% | |||
| 39 | $XRAY | DENTSPLY SIRONA Inc. | Healthcare | $85.2M | 0.8% | 8.03M | +26% | |||
| 40 | $LIND | LINDBLAD EXPEDITIONS HOLDINGS, INC. | Consumer Discretionary | $78.0M | 0.8% | 2.76M | -20% | |||
| 41 | $INTC | INTEL CORP | Technology | $76.6M | 0.8% | 549K | -62% | |||
| 42 | $CVS | CVS HEALTH Corp | Healthcare | $75.5M | 0.8% | 730K | +4% | |||
| 43 | $LFUS | LITTELFUSE INC /DE | Technology | $74.4M | 0.7% | 163K | -24% | |||
| 44 | $DIS | Walt Disney Co | Communication Services | $61.2M | 0.6% | 635K | -3% | |||
| 45 | $FSLR | FIRST SOLAR, INC. | Technology | $57.2M | 0.6% | 242K | -11% | |||
| 46 | $GCMG | GCM Grosvenor Inc. | Financials | $54.3M | 0.5% | 4.42M | +0.4% | |||
| 47 | $SLB | SLB LIMITED/NV | Energy | $54.1M | 0.5% | 1.16M | -6% | |||
| 48 | $FDS | FACTSET RESEARCH SYSTEMS INC | Technology | $53.9M | 0.5% | 234K | +4% | |||
| 49 | $KEYS | Keysight Technologies, Inc. | Technology | $51.0M | 0.5% | 146K | -29% | |||
| 50 | $NVT | nVent Electric plc | Industrials | $50.7M | 0.5% | 299K | -50% | |||
| 51 | $PPL | PPL Corp | Utilities | $49.1M | 0.5% | 1.35M | New | |||
| 52 | $SCHW | SCHWAB CHARLES CORP | Financials | $48.5M | 0.5% | 525K | +30% | |||
| 53 | $WEX | WEX Inc. | Industrials | $46.8M | 0.5% | 331K | -2% | |||
| 54 | $CBRE | CBRE GROUP, INC. | Real Estate | $46.3M | 0.5% | 344K | +31% | |||
| 55 | $MTB | M&T BANK CORP | Financials | $41.6M | 0.4% | 175K | -2% | |||
| 56 | $BMY | BRISTOL MYERS SQUIBB CO | Healthcare | $40.1M | 0.4% | 696K | -4% | |||
| 57 | $T | AT&T INC. | Communication Services | $39.8M | 0.4% | 1.92M | +29% | |||
| 58 | $KKR | KKR & Co. Inc. | Financials | $38.9M | 0.4% | 424K | -3% | |||
| 59 | $AQN | ALGONQUIN POWER & UTILITIES CORP. | Utilities | $38.7M | 0.4% | 6.61M | -66% | |||
| 60 | $DT | Dynatrace, Inc. | Technology | $34.6M | 0.3% | 788K | New | |||
| 61 | $HPE | Hewlett Packard Enterprise Co | Technology | $33.9M | 0.3% | 751K | -55% | |||
| 62 | $HLI | HOULIHAN LOKEY, INC. | Financials | $32.8M | 0.3% | 245K | New | |||
| 63 | $FITB | FIFTH THIRD BANCORP | Financials | $31.3M | 0.3% | 555K | -2% | |||
| 64 | $KFY | KORN FERRY | Industrials | $30.0M | 0.3% | 450K | -3% | |||
| 65 | $FDX | FEDEX CORP | Industrials | $29.9M | 0.3% | 95K | -3% | |||
| 66 | $BAC | BANK OF AMERICA CORP /DE/ | Financials | $28.1M | 0.3% | 493K | -4% | |||
| 67 | $AFL | AFLAC INC | Financials | $27.7M | 0.3% | 236K | -1% | |||
| 68 | $FISV | FISERV INC | Financials | $26.7M | 0.3% | 545K | +26% | |||
| 69 | $GILD | GILEAD SCIENCES, INC. | Healthcare | $24.7M | 0.3% | 196K | -3% | |||
| 70 | $LESL | Leslie's, Inc. | Consumer Discretionary | $24.5M | 0.2% | 2.42M | -16% | |||
| 71 | $COF | CAPITAL ONE FINANCIAL CORP | Financials | $21.7M | 0.2% | 108K | New | |||
| 72 | $RCL | ROYAL CARIBBEAN CRUISES LTD | Industrials | $21.3M | 0.2% | 67K | +3761% | |||
| 73 | $SSD | Simpson Manufacturing Co., Inc. | Industrials | $20.8M | 0.2% | 100K | +9% | |||
| 74 | $CNP | CENTERPOINT ENERGY INC | Utilities | $20.3M | 0.2% | 460K | -4% | |||
| 75 | $KMX | CARMAX INC | Consumer Discretionary | $18.3M | 0.2% | 347K | -38% | |||
| 76 | — | ISHARES TR - RUS 2000 VAL ETF | — | $17.0M | 0.2% | 77K | +17% | |||
| 77 | $MTN | VAIL RESORTS INC | Communication Services | $14.9M | 0.1% | 109K | -3% | |||
| 78 | $PGR | PROGRESSIVE CORP/OH/ | Financials | $12.9M | 0.1% | 59K | +5732% | |||
| 79 | $SNA | Snap-on Inc | Industrials | $11.6M | 0.1% | 29K | -11% | |||
| 80 | $MGPI | MGP INGREDIENTS INC | Consumer Staples | $10.7M | 0.1% | 611K | -3% | |||
| 81 | $PHIN | PHINIA INC. | Industrials | $9.3M | 0.1% | 113K | -15% | |||
| 82 | $JNJ | JOHNSON & JOHNSON | Healthcare | $9.0M | 0.1% | 35K | -13% | |||
| 83 | $TSM | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | Technology | $8.5M | 0.1% | 18K | +11% | |||
| 84 | $FDXF | FedEx Freight Holding Company, Inc. | Industrials | $7.2M | 0.1% | 48K | New | |||
| 85 | $B | BARRICK MINING CORP | Materials | $7.1M | 0.1% | 194K | -6% | |||
| 86 | $APA | APA Corp | Energy | $6.1M | 0.1% | 187K | -16% | |||
| 87 | $CVX | CHEVRON CORP | Energy | $5.7M | 0.1% | 35K | -17% | |||
| 88 | $LMT | LOCKHEED MARTIN CORP | Industrials | $5.6M | 0.1% | 11K | -16% | |||
| 89 | — | VANGUARD TAX-MANAGED FDS - VAN FTSE DEV MKT | — | $5.4M | 0.1% | 76K | New | |||
| 90 | $DOV | DOVER Corp | Industrials | $4.4M | 0.0% | 28K | +180% | |||
| 91 | $AJG | Arthur J. Gallagher & Co. | Financials | $4.3M | 0.0% | 19K | -6% | |||
| 92 | $BWA | BORGWARNER INC | Industrials | $3.7M | 0.0% | 55K | -15% | |||
| 93 | $KB | KB Financial Group Inc. | Financials | $2.8M | 0.0% | 27K | -46% | |||
| 94 | $MOS | MOSAIC CO | Materials | $2.6M | 0.0% | 124K | -17% | |||
| 95 | $KSPI | Joint Stock Co Kaspi.kz | Industrials | $2.0M | 0.0% | 24K | +4% | |||
| 96 | $ORCL | ORACLE CORP | Technology | $2.0M | 0.0% | 14K | -16% | |||
| 97 | — | COLUMBIA ETF TR II - EM CORE EX ETF | — | $882K | 0.0% | 17K | +97% | |||
| 98 | — | VANGUARD INTL EQUITY INDEX F - FTSE EMR MKT ETF | — | $601K | 0.0% | 10K | -50% | |||
| 99 | $HDB | HDFC BANK LTD | Financials | $363K | 0.0% | 14K | — | |||
| 100 | $MSI | Motorola Solutions, Inc. | Technology | $287K | 0.0% | 692 | -0.6% | |||
| 101 | $KMT | KENNAMETAL INC | Industrials | $274K | 0.0% | 7,814 | -99% | |||
| 102 | $ZBH | ZIMMER BIOMET HOLDINGS, INC. | Healthcare | $258K | 0.0% | 2,999 | -0.5% | |||
| 103 | $BRC | BRADY CORP | Consumer Discretionary | $252K | 0.0% | 2,747 | -0.6% | |||
| 104 | $FICO | FAIR ISAAC CORP | Technology | $243K | 0.0% | 203 | -0.5% | |||
| 105 | — | ISHARES TR - RUS 1000 VAL ETF | — | $217K | 0.0% | 895 | New | |||
| 106 | — | ISHARES TR - RUS MDCP VAL ETF | — | $188K | 0.0% | 1,145 | — |
What changed in Q2 2026
Against the previous quarter's 13F: 8 new, 33 added to, 63 trimmed, 8 sold out. Share-count changes; largest moves by dollar size first.
New positions (8)
$HAEHAEMONETICS CORP$154.6M
first bought this quarter
$PPLPPL Corp$49.1M
first bought this quarter
$DTDynatrace, Inc.$34.6M
first bought this quarter
$HLIHOULIHAN LOKEY, INC.$32.8M
first bought this quarter
$COFCAPITAL ONE FINANCIAL CORP$21.7M
first bought this quarter
$FDXFFedEx Freight Holding Company, Inc.$7.2M
first bought this quarter
+2 more in the Excel export
Added to (33)
$RLIRLI CORP+189%
now $148.8M · held 3 qtrs, 3 adds in a row
$MASMASCO CORP /DE/+212%
now $133.0M · held 7+ qtrs, 3 adds in a row
now $243.0M · held 7+ qtrs, 3 adds in a row
$SMGSCOTTS MIRACLE-GRO CO+47%
now $96.1M · held 2 qtrs, 2 adds in a row
now $230.1M · held 7+ qtrs, 4 adds in a row
now $214.0M · held 7+ qtrs, 2 adds in a row
+27 more in the Excel export
Trimmed (63)
now $288.2M · held 7+ qtrs, 4 trims in a row
$INTCINTEL CORP-62%
now $76.6M · held 7+ qtrs, 2 trims in a row
now $292.2M · held 7+ qtrs, 4 trims in a row
$AQNALGONQUIN POWER & UTILITIES CORP.-66%
now $38.7M · held 6 qtrs
now $428.9M · held 7+ qtrs, 4 trims in a row
$KNKnowles Corp-40%
now $94.8M · held 7+ qtrs, 4 trims in a row
+57 more in the Excel export
Holdings by quarter
Every 13F ARIEL INVESTMENTS, LLC has filed, 41 earlier quarters. Pick one to see what it held then.
Is it too late to follow ARIEL INVESTMENTS?
Q2 2026 13F filed with the SEC on Aug 14, 2026. Prices are closing prices as of Oct 26, 2026.
Average quality of ARIEL INVESTMENTS's top 20 holdings: 56/100 (our AI quality score, weighted by position size; 18 of the 20 are scored)
Top 10 since filing
-8.2%
Value-weighted move of the 10 largest stock positions
Turnover
9%
Last quarter; 27% over the last 4
Top 10 weight
33%
Share of the stock portfolio in its 10 largest positions
Held 4+ quarters
91%
Share of portfolio value in positions held a year or more
Highest-quality names it owns(among its 100 largest positions)
The 8 highest-scoring companies in this portfolio are a Pro feature.
How these are measured
- Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
- Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
- Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q4 2024 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
- Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
- Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.
Portfolio Overview
ARIEL INVESTMENTS, LLC disclosed 106 positions worth $10.0B in its Form 13F-HR for Q2 2026, led by $MSGE (Madison Square Garden Entertainment Corp.) at 4.3% of the equity portfolio, followed by $OSW and $CRL. During the quarter the fund opened 8 new positions and exited 8 — including a new stake in $HAE and a full exit from $SWK. The portfolio is most concentrated in Financials (19.0% of disclosed assets). All figures are sourced directly from ARIEL INVESTMENTS, LLC’s Form 13F-HR filing with the SEC under CIK 936753.
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AI-Powered Hedge Fund Analysis: ARIEL INVESTMENTS, LLC
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