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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 Q2 2023 · Filed May 12, 2023 · Accession 0000936753-23-000040

Total Value
$10.41B
Positions
250
Other Managers
3
Confidential Omitted
No
View on SEC.gov

Holdings (250)

#IssuerTicker / CUSIPSharesValue% of Filing
1Baidu IncBAIDF2,834,783$427.8M4.11%
2Madison Square Garden Entertainment CorpSPHR6,540,465$386.3M3.71%
3Mattel IncMAT15,964,275$293.9M2.82%
4Philip Morris International Inc7181721092,928,756$284.8M2.74%
5Kennametal IncKMT9,991,662$275.6M2.65%
6Resideo Technologies IncREZI13,855,396$253.3M2.43%
7Microsoft CorpMSFT873,473$251.8M2.42%
8Gentex CorpGNTX8,774,004$245.9M2.36%
9Lazard LtdLAZ7,264,961$240.5M2.31%
10First American Financial Corp31847R1023,924,386$218.4M2.10%
11Boyd Gaming CorpBYD3,384,719$217.0M2.09%
12BOK Financial Corp05561Q2012,519,867$212.7M2.04%
13Interpublic Group of Cos Inc/TheINTR5,686,804$211.8M2.03%
14Jones Lang LaSalle IncJLL1,427,079$207.6M1.99%
15Envista Holdings CorpNVST5,067,052$207.1M1.99%
16Core Laboratories NVN227171079,343,862$206.0M1.98%
17Northern Trust CorpNTRSO2,319,510$204.4M1.96%
18Madison Square Garden Sports Corp55825T1031,033,531$201.4M1.93%
19Mohawk Industries Inc6081901041,934,353$193.9M1.86%
20Credicorp LtdBAP1,457,090$192.9M1.85%
21Axalta Coating Systems LtdAXTA6,281,711$190.3M1.83%
22Stericycle Inc8589121084,112,866$179.4M1.72%
23Generac Holdings IncGNRC1,640,847$177.2M1.70%
24Royal Caribbean Cruises LtdV7780T1032,626,929$171.5M1.65%
25Laboratory Corp of America Holdings50540R409686,701$157.5M1.51%
26OneSpaWorld Holdings LtdOSW13,077,394$156.8M1.51%
27Paramount Global92556H2066,894,715$153.8M1.48%
28Affiliated Managers Group IncMGRE1,068,067$152.1M1.46%
29Manchester United PlcG5784H1066,708,165$148.6M1.43%
30Zebra Technologies CorpZBRA456,993$145.3M1.40%
31Adtalem Global Education IncADT3,746,882$144.7M1.39%
32Verizon Communications IncVZ3,610,631$140.4M1.35%
33Equity Commonwealth2946281026,705,738$138.9M1.33%
34nVent Electric PLCNVT3,202,912$137.5M1.32%
35Charles River Laboratories International Inc159864107665,047$134.2M1.29%
36ADT IncADT18,157,985$131.3M1.26%
37Leslie's Inc52706410911,829,041$130.2M1.25%
38Brink's Co/TheBCO1,924,434$128.6M1.24%
39J M Smucker Co/The832696405627,436$98.7M0.95%
40Littelfuse IncLFUS366,466$98.2M0.94%
41Gilead Sciences IncGILD1,175,228$97.5M0.94%
42Janus Henderson Group PLCJHG3,568,327$95.1M0.91%
43Snap-on IncSNA380,054$93.8M0.90%
44Johnson & JohnsonJNJ599,868$93.0M0.89%
45Norwegian Cruise Line Holdings LtdNCLH6,773,489$91.1M0.88%
46CBRE Group IncCBRE1,247,767$90.8M0.87%
47Carlyle Group Inc/TheCGABL2,904,089$90.2M0.87%
48Goldman Sachs Group Inc/TheGSCE261,577$85.6M0.82%
49Masco CorpMAS1,705,614$84.8M0.81%
50Knowles CorpKN4,775,698$81.2M0.78%
51BorgWarner IncBWA1,597,075$78.4M0.75%
52Lindblad Expeditions Holdings IncLIND7,388,507$70.6M0.68%
53Simpson Manufacturing Co Inc829073105615,834$67.5M0.65%
54Check Point Software Technologies LtdM22465104502,985$65.4M0.63%
55Amdocs LtdDOX642,154$61.7M0.59%
56CarMax IncKMX887,813$57.1M0.55%
57Aflac IncAFL880,179$56.8M0.55%
58Bristol-Myers Squibb CoCELG-RI786,463$54.5M0.52%
59Charles Schwab Corp/TheSCHW-PJ1,005,465$52.7M0.51%
60Stanley Black & Decker IncSWK634,963$51.2M0.49%
61KKR & Co IncKKRT966,319$50.8M0.49%
62Vail Resorts IncMTN217,032$50.7M0.49%
63Prestige Consumer Healthcare Inc74112D101804,463$50.4M0.48%
64Itau Unibanco Holding SA46556210610,205,810$49.7M0.48%
65NetApp IncNTAP740,366$47.3M0.45%
66Zimmer Biomet Holdings IncZBH352,764$45.6M0.44%
67Middleby Corp/TheMIDD289,744$42.5M0.41%
68Korn FerryKFY803,156$41.6M0.40%
69Walgreens Boots Alliance Inc9314271081,140,140$39.4M0.38%
70Keysight Technologies IncKEYS208,592$33.7M0.32%
71GCM Grosvenor IncGCMG3,921,930$30.6M0.29%
72Molson Coors Beverage CoTAP-A544,619$28.1M0.27%
73Telefonica Brasil SAVIV3,547,146$26.9M0.26%
74Banco Santander ChileBSAC1,388,986$24.8M0.24%
75Dun & Bradstreet Holdings Inc26484T1062,033,173$23.9M0.23%
76Vanguard FTSE Developed Markets ETF921943858450,249$20.3M0.20%
77Cardinal Health IncCAH256,488$19.4M0.19%
78NOV IncNOV1,009,667$18.7M0.18%
79Evercore IncEVR156,422$18.0M0.17%
80Hackett Group Inc/TheHCKT970,964$17.9M0.17%
81Nokia OyjNOKBF3,292,824$16.2M0.16%
82Brady CorpBRC281,949$15.1M0.15%
83Methode Electronics Inc591520200329,167$14.4M0.14%
84Bio-Rad Laboratories Inc09057220727,517$13.2M0.13%
85Horace Mann Educators Corp440327104338,307$11.3M0.11%
86TIM SA/BrazilTIMB869,669$10.7M0.10%
87Trip.com Group LtdTRPCF238,174$9.0M0.09%
88Royal Caribbean Cruises LtdV7780T103129,349$8.4M0.08%
89OneSpaWorld Holdings LtdOSW659,627$7.9M0.08%
90US BancorpUSB-PS195,456$7.0M0.07%
91APA CorpAPA191,442$6.9M0.07%
92Tapestry IncTPR159,818$6.9M0.07%
93GSK PLCGLAXF185,368$6.6M0.06%
94Oracle CorpORCL-PD69,850$6.5M0.06%
95Lockheed Martin CorpLMT13,585$6.4M0.06%
96Mosaic Co/TheMOS136,582$6.3M0.06%
97Madison Square Garden Entertainment CorpSPHR104,754$6.2M0.06%
98Zebra Technologies CorpZBRA18,045$5.7M0.06%
99Interpublic Group of Cos Inc/TheINTR150,917$5.6M0.05%
100iShares MSCI ACWI ex US ETF464288240112,163$5.5M0.05%
101Mattel IncMAT273,639$5.0M0.05%
102Vodafone Group PLC92857W308443,958$4.9M0.05%
103nVent Electric PLCNVT113,993$4.9M0.05%
104Barrick Gold Corp067901108252,188$4.7M0.04%
105Kennametal IncKMT168,561$4.6M0.04%
106Northern Trust CorpNTRSO51,274$4.5M0.04%
107Boyd Gaming CorpBYD70,401$4.5M0.04%
108Manchester United PlcG5784H106194,969$4.3M0.04%
109Paramount Global92556H206187,272$4.2M0.04%
110Ambev SAABEV1,431,326$4.0M0.04%
111Laboratory Corp of America Holdings50540R40917,507$4.0M0.04%
112Berkshire Hathaway IncBRK-A12,950$4.0M0.04%
113Carlyle Group Inc/TheCGABL128,531$4.0M0.04%
114ADT IncADT549,536$4.0M0.04%
115Axalta Coating Systems LtdAXTA129,131$3.9M0.04%
116Gentex CorpGNTX135,786$3.8M0.04%
117iShares Russell 2000 Value ETF46428763027,437$3.8M0.04%
118Resideo Technologies IncREZI202,631$3.7M0.04%
119Masco CorpMAS72,931$3.6M0.03%
120Envista Holdings CorpNVST87,901$3.6M0.03%
121Bank of New York Mellon Corp/The06405810078,663$3.6M0.03%
122BOK Financial Corp05561Q20141,768$3.5M0.03%
123Bank of America Corp060505104121,454$3.5M0.03%
124Affiliated Managers Group IncMGRE24,093$3.4M0.03%
125Brink's Co/TheBCO51,264$3.4M0.03%
126First American Financial Corp31847R10261,239$3.4M0.03%
127Core Laboratories NVN22717107146,091$3.2M0.03%
128Madison Square Garden Sports Corp55825T10316,358$3.2M0.03%
129Lazard LtdLAZ96,057$3.2M0.03%
130Stericycle Inc85891210872,872$3.2M0.03%
131Prestige Consumer Healthcare Inc74112D10149,623$3.1M0.03%
132Mohawk Industries Inc60819010430,661$3.1M0.03%
133Charles River Laboratories International Inc15986410714,974$3.0M0.03%
134CBRE Group IncCBRE41,453$3.0M0.03%
135Keysight Technologies IncKEYS18,124$2.9M0.03%
136Jones Lang LaSalle IncJLL19,079$2.8M0.03%
137Western Union Co/TheWU219,666$2.4M0.02%
138Snap-on IncSNA9,521$2.4M0.02%
139Adtalem Global Education IncADT60,594$2.3M0.02%
140Zimvie Inc98888T107310,066$2.2M0.02%
141Bio-Rad Laboratories Inc0905722073,966$1.9M0.02%
142Generac Holdings IncGNRC17,127$1.8M0.02%
143Janus Henderson Group PLCJHG50,771$1.4M0.01%
144Simpson Manufacturing Co Inc82907310512,121$1.3M0.01%
145J M Smucker Co/The8326964057,928$1.2M0.01%
146Novartis AGNVSEF8,750$805,0000.01%
147M&T Bank Corp55261F1046,278$750,6600.01%
148Goldman Sachs Group Inc/TheGSCE1,990$650,9490.01%
149BorgWarner IncBWA11,829$580,9220.01%
150Laboratory Corp of America Holdings50540R4092,471$566,8970.01%
151Madison Square Garden Entertainment CorpSPHR9,170$541,6720.01%
152OneSpaWorld Holdings LtdOSW43,084$516,5770.00%
153Interpublic Group of Cos Inc/TheINTR13,495$502,5540.00%
154Mattel IncMAT27,277$502,1700.00%
155Kennametal IncKMT18,143$500,3840.00%
156Axalta Coating Systems LtdAXTA15,894$481,4290.00%
157Aflac IncAFL7,374$475,7700.00%
158CarMax IncKMX7,283$468,1510.00%
159nVent Electric PLCNVT10,724$460,4890.00%
160Charles Schwab Corp/TheSCHW-PJ8,300$434,7540.00%
161Madison Square Garden Sports Corp55825T1032,214$431,3980.00%
162BOK Financial Corp05561Q2015,076$428,4650.00%
163Zebra Technologies CorpZBRA1,347$428,3460.00%
164Core Laboratories NVN2271710719,275$425,0140.00%
165Manchester United PlcG5784H10619,056$422,0900.00%
166Norwegian Cruise Line Holdings LtdNCLH30,626$411,9200.00%
167Lindblad Expeditions Holdings IncLIND42,246$403,8720.00%
168Stanley Black & Decker IncSWK4,998$402,7390.00%
169Charles River Laboratories International Inc1598641071,983$400,2090.00%
170KKR & Co IncKKRT7,394$388,3330.00%
171Lazard LtdLAZ11,362$376,1960.00%
172Brink's Co/TheBCO5,569$372,0090.00%
173Fiserv IncFISV3,192$360,7920.00%
174Zimmer Biomet Holdings IncZBH2,768$357,6260.00%
175Knowles CorpKN20,647$350,9990.00%
176Envista Holdings CorpNVST8,461$345,8860.00%
177nVent Electric PLCNVT8,043$345,3660.00%
178Madison Square Garden Entertainment CorpSPHR5,755$339,9480.00%
179Gentex CorpGNTX11,925$334,2580.00%
180Manchester United PlcG5784H10615,019$332,6710.00%
181CBRE Group IncCBRE4,565$332,3780.00%
182First American Financial Corp31847R1025,916$329,2850.00%
183Walgreens Boots Alliance Inc9314271089,341$323,0120.00%
184SanofiSNYNF5,926$322,4930.00%
185Littelfuse IncLFUS1,196$320,6360.00%
186Stericycle Inc8589121087,328$319,5740.00%
187Resideo Technologies IncREZI17,340$316,9750.00%
188Resideo Technologies IncREZI17,314$316,5000.00%
189Prestige Consumer Healthcare Inc74112D1015,001$313,2130.00%
190M&T Bank Corp55261F1042,525$301,9140.00%
191Mohawk Industries Inc6081901042,969$297,5530.00%
192Fair Isaac CorpFICO421$295,8320.00%
193Generac Holdings IncGNRC2,723$294,1110.00%
194Goldman Sachs Group Inc/TheGSCE870$284,5860.00%
195Gentex CorpGNTX9,975$279,5990.00%
196KKR & Co IncKKRT5,320$279,4060.00%
197Northern Trust CorpNTRSO3,151$277,6980.00%
198Sensata Technologies Holding PLCST5,315$265,8560.00%
199Keysight Technologies IncKEYS1,641$264,9890.00%
200Zimmer Biomet Holdings IncZBH2,049$264,7310.00%
201Kennametal IncKMT9,473$261,2650.00%
202BorgWarner IncBWA5,303$260,4300.00%
203Littelfuse IncLFUS963$258,1710.00%
204Keysight Technologies IncKEYS1,591$256,9150.00%
205Interpublic Group of Cos Inc/TheINTR6,813$253,7160.00%
206Mattel IncMAT13,666$251,5910.00%
207First American Financial Corp31847R1024,389$244,2920.00%
208Molson Coors Beverage CoTAP-A4,574$236,3840.00%
209Axalta Coating Systems LtdAXTA7,714$233,6570.00%
210Envista Holdings CorpNVST5,656$231,2170.00%
211M&T Bank Corp55261F1041,910$228,3790.00%
212Generac Holdings IncGNRC2,086$225,3090.00%
213Laboratory Corp of America Holdings50540R409975$223,6850.00%
214Vail Resorts IncMTN945$220,8280.00%
215J M Smucker Co/The8326964051,402$220,6330.00%
216ADT IncADT30,251$218,7150.00%
217Charles River Laboratories International Inc1598641071,050$211,9110.00%
218Aflac IncAFL3,283$211,8190.00%
219Lazard LtdLAZ6,367$210,8110.00%
220Motorola Solutions IncMSI736$210,5920.00%
221Snap-on IncSNA848$209,3630.00%
222Madison Square Garden Sports Corp55825T1031,064$207,3200.00%
223Snap-on IncSNA831$205,1660.00%
224CBRE Group IncCBRE2,793$203,3580.00%
225Knowles CorpKN11,856$201,5520.00%
226Middleby Corp/TheMIDD1,367$200,4160.00%
227Progressive Corp/The7433151031,378$197,1370.00%
228Leslie's Inc52706410917,727$195,1740.00%
229Dun & Bradstreet Holdings Inc26484T10615,240$178,9180.00%
230Patterson Cos Inc7033951036,487$173,6570.00%
231Simpson Manufacturing Co Inc8290731051,464$160,5130.00%
232Jones Lang LaSalle IncJLL1,094$159,1660.00%
233Cardinal Health IncCAH2,090$157,7950.00%
234Stericycle Inc8589121083,458$150,8030.00%
235Bio-Rad Laboratories Inc090572207314$150,4120.00%
236Hackett Group Inc/TheHCKT8,073$149,1890.00%
237ADT IncADT20,337$147,0370.00%
238NOV IncNOV7,935$146,8770.00%
239CarMax IncKMX2,243$144,1800.00%
240Brady CorpBRC2,660$142,9220.00%
241Reynolds Consumer Products Inc76171L1065,157$141,8180.00%
242Adtalem Global Education IncADT3,620$139,8040.00%
243Masco CorpMAS2,721$135,2880.00%
244Jones Lang LaSalle IncJLL823$119,7380.00%
245Korn FerryKFY2,266$117,2430.00%
246Paramount Global92556H2064,986$111,2380.00%
247J M Smucker Co/The832696405632$99,4580.00%
248Mohawk Industries Inc608190104885$88,6950.00%
249Walgreens Boots Alliance Inc9314271081,695$58,6130.00%
250Zimvie Inc98888T1071,617$11,6910.00%