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VOL. XII · NO. 117Established MMXIV · George Town, Grand CaymanAtlantic Edition · $4.50

The Cayman Journal

Finance · Business · Technology · Caribbean & Global Affairs
13F HOLDINGS REPORT

ARIEL INVESTMENTS, LLC

Quarter ended Q1 2023 · Filed February 14, 2023 · Accession 0000936753-23-000023

Total Value
$9.85B
Positions
252
Other Managers
3
Confidential Omitted
No
View on SEC.gov

Holdings (252)

#IssuerTicker / CUSIPSharesValue% of Filing
1Philip Morris International Inc7181721093,565,404$360.9M3.66%
2Baidu IncBAIDF2,852,898$326.3M3.31%
3Madison Square Garden Entertainment CorpSPHR6,573,014$295.6M3.00%
4Mattel IncMAT15,589,441$278.1M2.82%
5BOK Financial Corp05561Q2012,599,622$269.8M2.74%
6Interpublic Group of Cos Inc/TheINTR8,005,992$266.7M2.71%
7Lazard LtdLAZ7,591,878$263.2M2.67%
8Kennametal IncKMT10,166,361$244.6M2.48%
9Microsoft CorpMSFT999,813$239.8M2.43%
10Gentex CorpGNTX8,694,610$237.1M2.41%
11Resideo Technologies IncREZI13,124,580$215.9M2.19%
12First American Financial Corp31847R1023,946,306$206.5M2.10%
13Stericycle Inc8589121084,138,277$206.5M2.10%
14Jones Lang LaSalle IncJLL1,279,655$203.9M2.07%
15Mohawk Industries Inc6081901041,927,984$197.1M2.00%
16Northern Trust CorpNTRSO2,195,353$194.3M1.97%
17Core Laboratories NVN227171079,537,756$193.3M1.96%
18Madison Square Garden Sports Corp55825T1031,052,070$192.9M1.96%
19Manchester United PlcG5784H1068,224,473$191.9M1.95%
20Boyd Gaming CorpBYD3,386,518$184.7M1.87%
21Axalta Coating Systems LtdAXTA6,944,103$176.9M1.80%
22Affiliated Managers Group IncMGRE1,104,214$174.9M1.78%
23Envista Holdings CorpNVST4,943,902$166.5M1.69%
24Laboratory Corp of America Holdings50540R409678,696$159.8M1.62%
25Equity Commonwealth2946281026,029,652$150.6M1.53%
26ADT IncADT16,230,252$147.2M1.49%
27Credicorp LtdBAP1,052,582$142.8M1.45%
28OneSpaWorld Holdings LtdOSW15,298,595$142.7M1.45%
29Paramount Global92556H2068,205,954$138.5M1.41%
30Charles River Laboratories International Inc159864107620,165$135.1M1.37%
31nVent Electric PLCNVT3,512,496$135.1M1.37%
32Verizon Communications IncVZ3,383,676$133.3M1.35%
33Adtalem Global Education IncADT3,745,774$133.0M1.35%
34Royal Caribbean Cruises LtdV7780T1032,638,727$130.4M1.32%
35Generac Holdings IncGNRC1,290,635$129.9M1.32%
36Zebra Technologies CorpZBRA476,274$122.1M1.24%
37Snap-on IncSNA506,073$115.6M1.17%
38Johnson & JohnsonJNJ599,323$105.9M1.07%
39Brink's Co/TheBCO1,960,917$105.3M1.07%
40Gilead Sciences IncGILD1,178,750$101.2M1.03%
41J M Smucker Co/The832696405634,832$100.6M1.02%
42CBRE Group IncCBRE1,252,609$96.4M0.98%
43Goldman Sachs Group Inc/TheGSCE268,370$92.2M0.94%
44Norwegian Cruise Line Holdings LtdNCLH6,940,072$84.9M0.86%
45Knowles CorpKN5,158,333$84.7M0.86%
46Janus Henderson Group PLCJHG3,560,811$83.8M0.85%
47Carlyle Group Inc/TheCGABL2,797,861$83.5M0.85%
48Littelfuse IncLFUS369,901$81.5M0.83%
49Masco CorpMAS1,707,046$79.7M0.81%
50Charles Schwab Corp/TheSCHW-PJ877,347$73.0M0.74%
51Check Point Software Technologies LtdM22465104544,070$68.6M0.70%
52BorgWarner IncBWA1,667,133$67.1M0.68%
53Aflac IncAFL877,495$63.1M0.64%
54Amdocs LtdDOX644,701$58.6M0.60%
55Bristol-Myers Squibb CoCELG-RI789,666$56.8M0.58%
56Simpson Manufacturing Co Inc829073105612,283$54.3M0.55%
57CarMax IncKMX838,570$51.1M0.52%
58Prestige Consumer Healthcare Inc74112D101792,561$49.6M0.50%
59Lindblad Expeditions Holdings IncLIND6,356,118$48.9M0.50%
60Vail Resorts IncMTN198,867$47.4M0.48%
61Stanley Black & Decker IncSWK628,368$47.2M0.48%
62Zimmer Biomet Holdings IncZBH353,750$45.1M0.46%
63KKR & Co IncKKRT969,275$45.0M0.46%
64NetApp IncNTAP742,622$44.6M0.45%
65Korn FerryKFY791,381$40.1M0.41%
66Middleby Corp/TheMIDD285,463$38.2M0.39%
67Keysight Technologies IncKEYS208,140$35.6M0.36%
68Walgreens Boots Alliance Inc931427108869,523$32.5M0.33%
69GCM Grosvenor IncGCMG3,903,899$29.7M0.30%
70Cardinal Health IncCAH349,685$26.9M0.27%
71Telefonica Brasil SAVIV3,632,025$26.0M0.26%
72Molson Coors Beverage CoTAP-A460,487$23.7M0.24%
73Leslie's Inc5270641091,786,615$21.8M0.22%
74Vanguard FTSE Developed Markets ETF921943858513,478$21.6M0.22%
75NOV IncNOV1,006,834$21.0M0.21%
76Evercore IncEVR154,111$16.8M0.17%
77Banco Santander ChileBSAC1,022,565$16.2M0.16%
78Nokia OyjNOKBF3,344,832$15.5M0.16%
79Methode Electronics Inc591520200324,291$14.4M0.15%
80Tapestry IncTPR374,521$14.3M0.14%
81Brady CorpBRC277,815$13.1M0.13%
82Hackett Group Inc/TheHCKT637,010$13.0M0.13%
83Horace Mann Educators Corp440327104333,363$12.5M0.13%
84Bio-Rad Laboratories Inc09057220727,625$11.6M0.12%
85Trip.com Group LtdTRPCF282,897$9.7M0.10%
86Progressive Corp/The74331510368,960$8.9M0.09%
87APA CorpAPA185,862$8.7M0.09%
88US BancorpUSB-PS196,261$8.6M0.09%
89Royal Caribbean Cruises LtdV7780T103143,354$7.1M0.07%
90Lockheed Martin CorpLMT13,585$6.6M0.07%
91GSK PLCGLAXF185,288$6.5M0.07%
92OneSpaWorld Holdings LtdOSW659,627$6.2M0.06%
93iShares MSCI ACWI ex US ETF464288240131,423$6.0M0.06%
94Mosaic Co/TheMOS133,182$5.8M0.06%
95Oracle CorpORCL-PD69,850$5.7M0.06%
96Interpublic Group of Cos Inc/TheINTR150,917$5.0M0.05%
97ADT IncADT549,536$5.0M0.05%
98Mattel IncMAT273,639$4.9M0.05%
99Madison Square Garden Entertainment CorpSPHR104,754$4.7M0.05%
100Zebra Technologies CorpZBRA18,045$4.6M0.05%
101TIM SA/BrazilTIMB396,301$4.6M0.05%
102Vodafone Group PLC92857W308449,564$4.5M0.05%
103Manchester United PlcG5784H106194,969$4.5M0.05%
104Northern Trust CorpNTRSO51,274$4.5M0.05%
105nVent Electric PLCNVT113,993$4.4M0.04%
106BOK Financial Corp05561Q20141,768$4.3M0.04%
107Barrick Gold Corp067901108252,188$4.3M0.04%
108Laboratory Corp of America Holdings50540R40917,507$4.1M0.04%
109Kennametal IncKMT168,561$4.1M0.04%
110Berkshire Hathaway IncBRK-A12,999$4.0M0.04%
111Boyd Gaming CorpBYD70,401$3.8M0.04%
112Carlyle Group Inc/TheCGABL128,531$3.8M0.04%
113Affiliated Managers Group IncMGRE24,093$3.8M0.04%
114Western Union Co/TheWU271,761$3.7M0.04%
115iShares Russell 2000 Value ETF46428763026,965$3.7M0.04%
116Itau Unibanco Holding SA465562106789,469$3.7M0.04%
117Gentex CorpGNTX135,786$3.7M0.04%
118Stericycle Inc85891210872,872$3.6M0.04%
119Bank of New York Mellon Corp/The06405810078,663$3.6M0.04%
120Masco CorpMAS72,931$3.4M0.03%
121Resideo Technologies IncREZI202,631$3.3M0.03%
122Lazard LtdLAZ96,057$3.3M0.03%
123Axalta Coating Systems LtdAXTA129,131$3.3M0.03%
124Charles River Laboratories International Inc15986410714,974$3.3M0.03%
125First American Financial Corp31847R10261,239$3.2M0.03%
126CBRE Group IncCBRE41,453$3.2M0.03%
127Bank of America Corp06050510496,039$3.2M0.03%
128Paramount Global92556H206187,272$3.2M0.03%
129Mohawk Industries Inc60819010430,661$3.1M0.03%
130Keysight Technologies IncKEYS18,124$3.1M0.03%
131Jones Lang LaSalle IncJLL19,079$3.0M0.03%
132Madison Square Garden Sports Corp55825T10316,358$3.0M0.03%
133Core Laboratories NVN22717107146,091$3.0M0.03%
134Envista Holdings CorpNVST87,901$3.0M0.03%
135Brink's Co/TheBCO51,264$2.8M0.03%
136Zimvie Inc98888T107256,076$2.4M0.02%
137Prestige Consumer Healthcare Inc74112D10136,032$2.3M0.02%
138Snap-on IncSNA9,521$2.2M0.02%
139Adtalem Global Education IncADT60,594$2.2M0.02%
140Generac Holdings IncGNRC17,127$1.7M0.02%
141Haleon PLCHLNCF211,285$1.7M0.02%
142Bio-Rad Laboratories Inc0905722073,966$1.7M0.02%
143AstraZeneca PLCAZN22,396$1.5M0.02%
144J M Smucker Co/The8326964057,928$1.3M0.01%
145Janus Henderson Group PLCJHG50,771$1.2M0.01%
146Simpson Manufacturing Co Inc82907310512,121$1.1M0.01%
147M&T Bank Corp55261F1046,278$910,6870.01%
148iShares Russell Mid-Cap Value ETF4642874738,451$890,2280.01%
149Novartis AGNVSEF8,750$793,8000.01%
150Goldman Sachs Group Inc/TheGSCE2,024$695,0010.01%
151Charles Schwab Corp/TheSCHW-PJ7,059$587,7320.01%
152BOK Financial Corp05561Q2015,559$576,9690.01%
153Laboratory Corp of America Holdings50540R4092,364$556,6750.01%
154Aflac IncAFL7,374$530,4860.01%
155Interpublic Group of Cos Inc/TheINTR14,866$495,1860.01%
156Mattel IncMAT27,277$486,6220.00%
157Manchester United PlcG5784H10620,457$477,2620.00%
158BorgWarner IncBWA11,829$476,1170.00%
159Axalta Coating Systems LtdAXTA18,226$464,2160.00%
160nVent Electric PLCNVT11,708$450,4070.00%
161Kennametal IncKMT18,143$436,5210.00%
162Lazard LtdLAZ12,072$418,5360.00%
163OneSpaWorld Holdings LtdOSW44,604$416,1550.00%
164Madison Square Garden Entertainment CorpSPHR9,170$412,3750.00%
165CarMax IncKMX6,764$411,8600.00%
166Madison Square Garden Sports Corp55825T1032,214$405,8930.00%
167Core Laboratories NVN2271710719,275$390,7040.00%
168Knowles CorpKN23,761$390,1560.00%
169Stanley Black & Decker IncSWK4,998$375,4500.00%
170M&T Bank Corp55261F1042,525$366,2770.00%
171Stericycle Inc8589121087,328$365,5940.00%
172Norwegian Cruise Line Holdings LtdNCLH29,705$363,5890.00%
173Zimmer Biomet Holdings IncZBH2,768$352,9200.00%
174CBRE Group IncCBRE4,565$351,3220.00%
175Charles River Laboratories International Inc1598641071,605$349,7300.00%
176KKR & Co IncKKRT7,394$343,2290.00%
177Manchester United PlcG5784H10614,567$339,8480.00%
178Zebra Technologies CorpZBRA1,307$335,1280.00%
179Gentex CorpGNTX11,925$325,1950.00%
180Fiserv IncFISV3,096$312,9130.00%
181First American Financial Corp31847R1025,916$309,6430.00%
182Prestige Consumer Healthcare Inc74112D1014,850$303,6100.00%
183Mohawk Industries Inc6081901042,969$303,4910.00%
184nVent Electric PLCNVT7,802$300,1430.00%
185Brink's Co/TheBCO5,401$290,0880.00%
186Goldman Sachs Group Inc/TheGSCE843$289,4690.00%
187Lindblad Expeditions Holdings IncLIND37,143$286,0010.00%
188SanofiSNYNF5,844$283,0250.00%
189Keysight Technologies IncKEYS1,641$280,7260.00%
190Resideo Technologies IncREZI16,819$276,6730.00%
191Littelfuse IncLFUS1,256$276,5710.00%
192Northern Trust CorpNTRSO3,056$270,4250.00%
193M&T Bank Corp55261F1041,853$268,7960.00%
194Fair Isaac CorpFICO446$266,9670.00%
195ADT IncADT29,342$266,1320.00%
196Keysight Technologies IncKEYS1,543$263,9610.00%
197Gentex CorpGNTX9,675$263,8370.00%
198Walgreens Boots Alliance Inc9314271087,046$263,2390.00%
199Resideo Technologies IncREZI15,493$254,8600.00%
200Zimmer Biomet Holdings IncZBH1,988$253,4700.00%
201Madison Square Garden Entertainment CorpSPHR5,582$251,0230.00%
202Stericycle Inc8589121085,031$250,9970.00%
203Envista Holdings CorpNVST7,166$241,2790.00%
204KKR & Co IncKKRT5,160$239,5270.00%
205Mattel IncMAT13,255$236,4690.00%
206J M Smucker Co/The8326964051,480$234,5210.00%
207Aflac IncAFL3,184$229,0570.00%
208Snap-on IncSNA978$223,4630.00%
209First American Financial Corp31847R1024,257$222,8110.00%
210Laboratory Corp of America Holdings50540R409946$222,7640.00%
211Charles River Laboratories International Inc1598641071,018$221,8220.00%
212Kennametal IncKMT9,188$221,0630.00%
213Interpublic Group of Cos Inc/TheINTR6,608$220,1120.00%
214Cardinal Health IncCAH2,854$219,3870.00%
215Lazard LtdLAZ6,175$214,0870.00%
216Generac Holdings IncGNRC2,094$210,7820.00%
217Leslie's Inc52706410917,194$209,9390.00%
218CBRE Group IncCBRE2,709$208,4850.00%
219Sensata Technologies Holding PLCST5,155$208,1590.00%
220BorgWarner IncBWA5,143$207,0060.00%
221Littelfuse IncLFUS934$205,6670.00%
222Generac Holdings IncGNRC2,023$203,6350.00%
223Molson Coors Beverage CoTAP-A3,892$200,5160.00%
224Vail Resorts IncMTN809$192,8250.00%
225Axalta Coating Systems LtdAXTA7,482$190,5670.00%
226Madison Square Garden Sports Corp55825T1031,032$189,1970.00%
227Knowles CorpKN11,500$188,8300.00%
228Envista Holdings CorpNVST5,486$184,7140.00%
229Snap-on IncSNA806$184,1630.00%
230Motorola Solutions IncMSI714$184,0050.00%
231Middleby Corp/TheMIDD1,326$177,5510.00%
232Patterson Cos Inc7033951036,292$176,3650.00%
233Progressive Corp/The7433151031,337$173,4220.00%
234Jones Lang LaSalle IncJLL1,061$169,0920.00%
235NOV IncNOV7,935$165,7620.00%
236Hackett Group Inc/TheHCKT7,830$159,4970.00%
237Dun & Bradstreet Holdings Inc26484T10612,384$151,8280.00%
238Reynolds Consumer Products Inc76171L1065,002$149,9600.00%
239ADT IncADT15,820$143,4870.00%
240CarMax IncKMX2,175$132,4360.00%
241Mohawk Industries Inc6081901041,290$131,8640.00%
242Bio-Rad Laboratories Inc090572207305$128,2490.00%
243Simpson Manufacturing Co Inc8290731051,420$125,8970.00%
244Adtalem Global Education IncADT3,511$124,6410.00%
245Masco CorpMAS2,640$123,2090.00%
246Paramount Global92556H2067,253$122,4310.00%
247Brady CorpBRC2,580$121,5180.00%
248Korn FerryKFY2,198$111,2630.00%
249J M Smucker Co/The832696405613$97,1360.00%
250Progressive Corp/The743315103588$76,2690.00%
251Walgreens Boots Alliance Inc9314271081,644$61,4200.00%
252Zimvie Inc98888T1071,568$14,6450.00%