Ariel Investments 13F, Q2 2025
John Rogers · quarter ending 30 June 2025 · filed 14 August 2025 · SEC CIK 936753
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q2 2025
The 25 largest of 104 positions. Weights are against the whole filed book. Changes are in shares held, against the Q1 2025 filing.
| Company | Ticker | Value | % of book | vs Q1 2025 |
|---|---|---|---|---|
| MADISON SQUARE GARDEN ENTMT | MSGE | $315.60M | 3.6% | unchanged |
| SPHERE ENTERTAINMENT CO | SPHR | $296.79M | 3.4% | +13% shares |
| MATTEL INC | MAT | $280.43M | 3.2% | +3% shares |
| LAZARD INC | LAZ | $276.08M | 3.1% | +2% shares |
| ONESPAWORLD HOLDINGS LIMITED | $269.42M | 3.0% | +23% shares | |
| AFFILIATED MANAGERS GROUP IN | AMG | $266.64M | 3.0% | -4% shares |
| GENERAC HLDGS INC | GNRC | $258.44M | 2.9% | +12% shares |
| JONES LANG LASALLE INC | JLL | $256.83M | 2.9% | -3% shares |
| NORWEGIAN CRUISE LINE HLDG L | $250.85M | 2.8% | +36% shares | |
| CARLYLE GROUP INC | CG | $241.86M | 2.7% | -3% shares |
| ENVISTA HOLDINGS CORPORATION | NVST | $241.43M | 2.7% | unchanged |
| BOYD GAMING CORP | BYD | $221.76M | 2.5% | -9% shares |
| FIRST AMERN FINL CORP | FAF | $215.11M | 2.4% | -5% shares |
| CHARLES RIV LABS INTL INC | CRL | $214.75M | 2.4% | +29% shares |
| RESIDEO TECHNOLOGIES INC | REZI | $197.57M | 2.2% | -7% shares |
| BIO RAD LABS INC | BIO | $197.55M | 2.2% | +13% shares |
| ADT INC DEL | ADT | $196.88M | 2.2% | -14% shares |
| MOHAWK INDS INC | MHK | $179.97M | 2.0% | unchanged |
| PRESTIGE CONSMR HEALTHCARE I | PBH | $175.86M | 2.0% | -13% shares |
| ADTALEM GLOBAL ED INC | CVSA | $175.03M | 2.0% | -26% shares |
| BOK FINL CORP | BOKF | $174.74M | 2.0% | unchanged |
| NORTHERN TR CORP | NTRS | $174.51M | 2.0% | -30% shares |
| GENTEX CORP | GNTX | $161.83M | 1.8% | +4% shares |
| MANCHESTER UTD PLC NEW | $160.73M | 1.8% | +5% shares | |
| PARAMOUNT GLOBAL | $159.48M | 1.8% | -13% shares |
What changed since Q1 2025
Against the Q1 2025 filing, Ariel Investments opened 3 new positions, added to 34, trimmed 51, left 16 unchanged and exited 5. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Other quarters
Source: SEC Form 13F-HR, accession 0000936753-25-000065, filed by ARIEL INVESTMENTS, LLC. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.