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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 Q3 2023 · Filed August 14, 2023 · Accession 0000936753-23-000056

Total Value
$10.56B
Positions
255
Other Managers
3
Confidential Omitted
No
View on SEC.gov

Holdings (255)

#IssuerTicker / CUSIPSharesValue% of Filing
1Baidu IncBAIDF2,756,228$377.4M3.57%
2Mattel IncMAT16,155,259$315.7M2.99%
3Philip Morris International Inc7181721092,979,537$290.9M2.75%
4Kennametal IncKMT9,685,363$275.0M2.60%
5Generac Holdings IncGNRC1,719,921$256.5M2.43%
6Microsoft CorpMSFT716,331$243.9M2.31%
7Gentex CorpGNTX8,295,441$242.7M2.30%
8Resideo Technologies IncREZI13,710,464$242.1M2.29%
9Jones Lang LaSalle IncJLL1,498,640$233.5M2.21%
10Madison Square Garden Entertainment Corp5582561036,880,310$231.3M2.19%
11Lazard LtdLAZ7,149,227$228.8M2.17%
12Core Laboratories IncCLB9,470,175$220.2M2.08%
13Charles River Laboratories International Inc1598641071,027,954$216.1M2.05%
14First American Financial Corp31847R1023,768,254$214.9M2.03%
15Boyd Gaming CorpBYD3,042,420$211.1M2.00%
16Credicorp LtdBAP1,426,147$210.6M1.99%
17Royal Caribbean Cruises LtdV7780T1031,936,817$200.9M1.90%
18Mohawk Industries Inc6081901041,947,294$200.9M1.90%
19Interpublic Group of Cos Inc/TheINTR4,973,278$191.9M1.82%
20BOK Financial Corp05561Q2012,322,036$187.6M1.78%
21Stericycle Inc8589121084,012,322$186.3M1.76%
22Northern Trust CorpNTRSO2,446,148$181.4M1.72%
23Axalta Coating Systems LtdAXTA5,487,035$180.0M1.70%
24Madison Square Garden Sports Corp55825T103933,046$175.5M1.66%
25Envista Holdings CorpNVST5,016,281$169.8M1.61%
26Carlyle Group Inc/TheCGABL5,312,204$169.7M1.61%
27Laboratory Corp of America Holdings50540R409665,466$160.6M1.52%
28Verizon Communications IncVZ4,243,684$157.8M1.49%
29OneSpaWorld Holdings LtdOSW13,005,871$157.4M1.49%
30Affiliated Managers Group IncMGRE1,043,076$156.3M1.48%
31Manchester United PlcG5784H1066,275,242$153.0M1.45%
32Leslie's Inc52706410916,275,870$152.8M1.45%
33Paramount Global92556H2069,396,738$149.5M1.42%
34Sphere Entertainment CoSPHR5,271,501$144.4M1.37%
35Norwegian Cruise Line Holdings LtdNCLH6,589,691$143.5M1.36%
36Equity Commonwealth2946281026,965,293$141.1M1.34%
37Zebra Technologies CorpZBRA449,376$132.9M1.26%
38nVent Electric PLCNVT2,525,046$130.5M1.24%
39ADT IncADT20,702,351$124.8M1.18%
40Brink's Co/TheBCO1,836,619$124.6M1.18%
41Adtalem Global Education IncADT3,574,371$122.7M1.16%
42Snap-on IncSNA351,071$101.2M0.96%
43Littelfuse IncLFUS336,819$98.1M0.93%
44Johnson & JohnsonJNJ582,748$96.5M0.91%
45Masco CorpMAS1,666,055$95.6M0.91%
46Janus Henderson Group PLCJHG3,503,947$95.5M0.90%
47Gilead Sciences IncGILD1,139,331$87.8M0.83%
48J M Smucker Co/The832696405580,748$85.8M0.81%
49Knowles CorpKN4,508,098$81.4M0.77%
50Lindblad Expeditions Holdings IncLIND7,426,168$80.8M0.76%
51Itau Unibanco Holding SA46556210613,159,982$77.6M0.74%
52Goldman Sachs Group Inc/TheGSCE228,814$73.8M0.70%
53CarMax IncKMX791,939$66.3M0.63%
54Simpson Manufacturing Co Inc829073105473,366$65.6M0.62%
55BorgWarner IncBWA1,322,204$64.7M0.61%
56CBRE Group IncCBRE780,069$63.0M0.60%
57Check Point Software Technologies LtdM22465104489,741$61.5M0.58%
58Amdocs LtdDOX621,910$61.5M0.58%
59Charles Schwab Corp/TheSCHW-PJ1,043,011$59.1M0.56%
60Stanley Black & Decker IncSWK605,275$56.7M0.54%
61NetApp IncNTAP719,471$55.0M0.52%
62Prestige Consumer Healthcare Inc74112D101870,704$51.7M0.49%
63Vail Resorts IncMTN204,122$51.4M0.49%
64KKR & Co IncKKRT874,937$49.0M0.46%
65Bristol-Myers Squibb CoCELG-RI761,208$48.7M0.46%
66Middleby Corp/TheMIDD288,939$42.7M0.40%
67Zimmer Biomet Holdings IncZBH290,615$42.3M0.40%
68Aflac IncAFL603,909$42.2M0.40%
69Korn FerryKFY800,547$39.7M0.38%
70Walgreens Boots Alliance Inc9314271081,249,178$35.6M0.34%
71GCM Grosvenor IncGCMG4,399,632$33.2M0.31%
72Keysight Technologies IncKEYS194,802$32.6M0.31%
73Molson Coors Beverage CoTAP-A474,943$31.3M0.30%
74Telefonica Brasil SAVIV3,420,423$31.2M0.30%
75Dun & Bradstreet Holdings Inc26484T1062,627,305$30.4M0.29%
76NOV IncNOV1,715,766$27.5M0.26%
77Vanguard FTSE Developed Markets ETF921943858586,477$27.1M0.26%
78Banco Santander ChileBSAC1,357,101$25.6M0.24%
79Hackett Group Inc/TheHCKT967,884$21.6M0.20%
80Evercore IncEVR161,356$19.9M0.19%
81Brady CorpBRC281,040$13.4M0.13%
82Nokia OyjNOKBF3,175,387$13.2M0.13%
83TIM SA/BrazilTIMB835,225$12.8M0.12%
84Horace Mann Educators Corp440327104336,940$10.0M0.09%
85Royal Caribbean Cruises LtdV7780T10392,135$9.6M0.09%
86New Oriental Education & Technology Group Inc647581206216,727$8.6M0.08%
87OneSpaWorld Holdings LtdOSW659,627$8.0M0.08%
88Oracle CorpORCL-PD61,507$7.3M0.07%
89Methode Electronics Inc591520200202,087$6.8M0.06%
90iShares MSCI ACWI ex US ETF464288240134,395$6.6M0.06%
91APA CorpAPA191,442$6.5M0.06%
92Lockheed Martin CorpLMT13,585$6.3M0.06%
93US BancorpUSB-PS189,073$6.2M0.06%
94GSK PLCGLAXF171,677$6.1M0.06%
95Interpublic Group of Cos Inc/TheINTR150,917$5.8M0.06%
96Zebra Technologies CorpZBRA19,086$5.6M0.05%
97Mattel IncMAT273,639$5.3M0.05%
98nVent Electric PLCNVT100,862$5.2M0.05%
99Trip.com Group LtdTRPCF144,458$5.1M0.05%
100Boyd Gaming CorpBYD70,401$4.9M0.05%
101iQIYI IncIQ913,751$4.9M0.05%
102Kennametal IncKMT168,561$4.8M0.05%
103Mosaic Co/TheMOS136,582$4.8M0.05%
104Manchester United PlcG5784H106194,969$4.8M0.05%
105Ambev SAABEV1,370,556$4.4M0.04%
106Barrick Gold Corp067901108252,188$4.3M0.04%
107Laboratory Corp of America Holdings50540R40917,507$4.2M0.04%
108Masco CorpMAS72,931$4.2M0.04%
109Bank of America Corp060505104145,371$4.2M0.04%
110Tapestry IncTPR97,207$4.2M0.04%
111Northern Trust CorpNTRSO55,890$4.1M0.04%
112Carlyle Group Inc/TheCGABL128,531$4.1M0.04%
113Vodafone Group PLC92857W308426,689$4.0M0.04%
114Gentex CorpGNTX135,786$4.0M0.04%
115Axalta Coating Systems LtdAXTA120,263$3.9M0.04%
116Resideo Technologies IncREZI215,883$3.8M0.04%
117Generac Holdings IncGNRC25,080$3.7M0.04%
118Western Union Co/TheWU311,434$3.7M0.03%
119Affiliated Managers Group IncMGRE24,093$3.6M0.03%
120Madison Square Garden Entertainment Corp558256103104,754$3.5M0.03%
121Bank of New York Mellon Corp/The06405810078,663$3.5M0.03%
122Charles River Laboratories International Inc15986410716,609$3.5M0.03%
123First American Financial Corp31847R10261,239$3.5M0.03%
124Zimvie Inc98888T107310,014$3.5M0.03%
125Brink's Co/TheBCO51,264$3.5M0.03%
126Core Laboratories IncCLB146,091$3.4M0.03%
127Stericycle Inc85891210872,872$3.4M0.03%
128BOK Financial Corp05561Q20141,768$3.4M0.03%
129CBRE Group IncCBRE41,453$3.3M0.03%
130ADT IncADT549,536$3.3M0.03%
131Mohawk Industries Inc60819010430,661$3.2M0.03%
132iShares Russell 2000 Value ETF46428763021,959$3.1M0.03%
133Madison Square Garden Sports Corp55825T10316,358$3.1M0.03%
134Lazard LtdLAZ96,057$3.1M0.03%
135Keysight Technologies IncKEYS18,124$3.0M0.03%
136Paramount Global92556H206187,272$3.0M0.03%
137Envista Holdings CorpNVST87,901$3.0M0.03%
138Jones Lang LaSalle IncJLL19,079$3.0M0.03%
139Prestige Consumer Healthcare Inc74112D10149,623$2.9M0.03%
140CME Group IncCME15,518$2.9M0.03%
141Sphere Entertainment CoSPHR104,754$2.9M0.03%
142Leslie's Inc527064109288,067$2.7M0.03%
143Snap-on IncSNA6,977$2.0M0.02%
144Simpson Manufacturing Co Inc82907310512,121$1.7M0.02%
145Adtalem Global Education IncADT44,904$1.5M0.01%
146Bio-Rad Laboratories Inc0905722073,966$1.5M0.01%
147Janus Henderson Group PLCJHG50,771$1.4M0.01%
148J M Smucker Co/The8326964057,928$1.2M0.01%
149M&T Bank Corp55261F1046,864$849,4890.01%
150Norwegian Cruise Line Holdings LtdNCLH32,991$718,2140.01%
151Lindblad Expeditions Holdings IncLIND50,597$550,4950.01%
152OneSpaWorld Holdings LtdOSW42,906$519,1630.00%
153Fiserv IncFISV3,616$456,1580.00%
154Laboratory Corp of America Holdings50540R4091,850$446,4610.00%
155Goldman Sachs Group Inc/TheGSCE1,370$441,8800.00%
156Mattel IncMAT22,319$436,1130.00%
157CarMax IncKMX5,202$435,4070.00%
158Zebra Technologies CorpZBRA1,458$431,3200.00%
159Brink's Co/TheBCO6,029$408,9470.00%
160Manchester United PlcG5784H10616,262$396,4680.00%
161Interpublic Group of Cos Inc/TheINTR10,089$389,2340.00%
162nVent Electric PLCNVT7,473$386,1300.00%
163Kennametal IncKMT13,580$385,5360.00%
164Charles River Laboratories International Inc1598641071,827$384,1270.00%
165BorgWarner IncBWA7,674$375,3350.00%
166Axalta Coating Systems LtdAXTA11,288$370,3590.00%
167Charles Schwab Corp/TheSCHW-PJ6,513$369,1570.00%
168Core Laboratories IncCLB15,457$359,3750.00%
169Stanley Black & Decker IncSWK3,741$350,5690.00%
170nVent Electric PLCNVT6,706$346,4990.00%
171Generac Holdings IncGNRC2,259$336,8850.00%
172Resideo Technologies IncREZI18,774$331,5490.00%
173Zimmer Biomet Holdings IncZBH2,218$322,9410.00%
174KKR & Co IncKKRT5,760$322,5600.00%
175Prestige Consumer Healthcare Inc74112D1015,415$321,8130.00%
176SanofiSNYNF5,926$319,4110.00%
177Gentex CorpGNTX10,800$316,0080.00%
178KKR & Co IncKKRT5,534$309,9040.00%
179Charles River Laboratories International Inc1598641071,450$304,8630.00%
180Goldman Sachs Group Inc/TheGSCE943$304,1550.00%
181Littelfuse IncLFUS1,042$303,5450.00%
182Generac Holdings IncGNRC2,034$303,3300.00%
183Northern Trust CorpNTRSO4,013$297,5240.00%
184Kennametal IncKMT10,256$291,1680.00%
185Sensata Technologies Holding PLCST6,469$291,0400.00%
186Madison Square Garden Sports Corp55825T1031,540$289,5970.00%
187Mattel IncMAT14,797$289,1330.00%
188Keysight Technologies IncKEYS1,723$288,5160.00%
189Interpublic Group of Cos Inc/TheINTR7,376$284,5660.00%
190BorgWarner IncBWA5,741$280,7920.00%
191Aflac IncAFL3,981$277,8740.00%
192Zimmer Biomet Holdings IncZBH1,902$276,9310.00%
193CBRE Group IncCBRE3,417$275,7860.00%
194Lazard LtdLAZ8,485$271,5200.00%
195First American Financial Corp31847R1024,752$270,9590.00%
196Fair Isaac CorpFICO332$268,6580.00%
197Knowles CorpKN14,659$264,7420.00%
198Manchester United PlcG5784H10610,834$264,1330.00%
199Knowles CorpKN14,561$262,9720.00%
200Littelfuse IncLFUS898$261,5960.00%
201Gentex CorpGNTX8,896$260,2970.00%
202Snap-on IncSNA899$259,0830.00%
203M&T Bank Corp55261F1042,076$256,9260.00%
204M&T Bank Corp55261F1042,067$255,8120.00%
205Dun & Bradstreet Holdings Inc26484T10622,086$255,5350.00%
206Stericycle Inc8589121085,486$254,7700.00%
207Laboratory Corp of America Holdings50540R4091,055$254,6030.00%
208Jones Lang LaSalle IncJLL1,612$251,1500.00%
209CBRE Group IncCBRE3,024$244,0670.00%
210Axalta Coating Systems LtdAXTA7,433$243,8770.00%
211BOK Financial Corp05561Q2012,960$239,1090.00%
212Leslie's Inc52706410924,992$234,6750.00%
213Patterson Cos Inc7033951037,024$233,6180.00%
214Motorola Solutions IncMSI796$233,4510.00%
215First American Financial Corp31847R1024,064$231,7290.00%
216Envista Holdings CorpNVST6,812$230,5180.00%
217Resideo Technologies IncREZI12,938$228,4850.00%
218Mohawk Industries Inc6081901042,212$228,1900.00%
219Walgreens Boots Alliance Inc9314271087,768$221,3100.00%
220Lazard LtdLAZ6,893$220,5760.00%
221Simpson Manufacturing Co Inc8290731051,585$219,5230.00%
222Middleby Corp/TheMIDD1,479$218,6410.00%
223Aflac IncAFL3,130$218,4740.00%
224Madison Square Garden Sports Corp55825T1031,152$216,6340.00%
225Madison Square Garden Entertainment Corp5582561036,230$209,4530.00%
226Envista Holdings CorpNVST6,123$207,2020.00%
227iShares Russell Mid-Cap Value ETF4642874731,880$206,4990.00%
228Keysight Technologies IncKEYS1,228$205,6290.00%
229CarMax IncKMX2,428$203,2240.00%
230Molson Coors Beverage CoTAP-A3,024$199,1000.00%
231ADT IncADT32,752$197,4950.00%
232Hackett Group Inc/TheHCKT8,742$195,3840.00%
233Madison Square Garden Entertainment Corp5582561035,786$194,5250.00%
234Carlyle Group Inc/TheCGABL5,679$181,4440.00%
235Vail Resorts IncMTN706$177,7430.00%
236NOV IncNOV10,917$175,1090.00%
237Stericycle Inc8589121083,744$173,8710.00%
238Sphere Entertainment CoSPHR6,230$170,6400.00%
239Masco CorpMAS2,945$168,9840.00%
240Jones Lang LaSalle IncJLL1,078$167,9520.00%
241Progressive Corp/The7433151031,267$167,7130.00%
242Bio-Rad Laboratories Inc090572207427$161,8840.00%
243Snap-on IncSNA556$160,2340.00%
244Reynolds Consumer Products Inc76171L1065,584$157,7480.00%
245J M Smucker Co/The8326964051,052$155,3490.00%
246Paramount Global92556H2069,729$154,7880.00%
247Brady CorpBRC2,880$137,0020.00%
248Adtalem Global Education IncADT3,919$134,5780.00%
249Korn FerryKFY2,453$121,5220.00%
250Sphere Entertainment CoSPHR4,205$115,1750.00%
251ADT IncADT17,459$105,2780.00%
252J M Smucker Co/The832696405685$101,1540.00%
253Mohawk Industries Inc608190104959$98,9300.00%
254Paramount Global92556H2065,397$85,8660.00%
255Walgreens Boots Alliance Inc9314271081,836$52,3080.00%