1y return+29.6%S&P 500 +20.9%
3y return+45.9%S&P 500 +68.5%
5y return+34.8%S&P 500 +74.5%
10y return+143.2%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $243 against $357 in the S&P 500.2
Ariel Investments, LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| MSGEMadison Square Garden Entmt | $428.9M | 4.3% | −13.1% |
| Onespaworld Holdings LimitedCUSIP P73684113 | $420.4M | 4.2% | −3.5% |
| CRLCharles Riv Labs Intl Inc | $341.6M | 3.4% | +4.3% |
| AMGAffiliated Managers Group | $338.3M | 3.4% | −6.0% |
| JLLJones Lang Lasalle Inc | $328.6M | 3.3% | +3.5% |
| Norwegian Cruise Line HldgsCUSIP G66721104 | $325.7M | 3.2% | +5.2% |
| GNRCGenerac Hldgs Inc | $292.2M | 2.9% | −22.9% |
| SPHRSphere Entertainment Co | $288.2M | 2.9% | −32.4% |
| MIDDMiddleby Corp | $282.8M | 2.8% | +4.4% |
| MSGSMadison Square Grdn Sprt Cor | $264.6M | 2.6% | −8.2% |
| NVSTEnvista Holdings Corporation | $258.7M | 2.6% | −9.6% |
| ZBRAZebra Technologies Corporati | $243.0M | 2.4% | +18.7% |
| LAZLazard Inc | $241.4M | 2.4% | −1.2% |
| BIOBio Rad Labs Inc | $239.8M | 2.4% | +3.9% |
| PBHPrestige Consmr Healthcare I | $230.1M | 2.3% | +13.9% |
| BOKFBok Finl Corp | $226.0M | 2.3% | −1.4% |
| FAFFirst Amern Finl Corp | $221.5M | 2.2% | −15.9% |
| CVSACovista Inc | $220.9M | 2.2% | −8.3% |
| MATMattel Inc | $214.0M | 2.1% | +13.6% |
| MHKMohawk Inds Inc | $213.1M | 2.1% | |
| Manchester Utd PLC NewCUSIP G5784H106 | $212.3M | 2.1% | +2.3% |
| GNTXGentex Corp | $210.0M | 2.1% | |
| SJMSmucker J M Co | $202.4M | 2.0% | −3.3% |
| BYDBoyd Gaming Corp | $192.8M | 1.9% | −4.0% |
| CGCarlyle Group Inc | $191.5M | 1.9% | +14.2% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| Onespaworld Holdings LimitedCUSIP P73684113 | June 30, 2020 | +492.1% | $420.4M |
| AMGAffiliated Managers Group | June 30, 2020 | +353.9% | $338.3M |
| CVSACovista Inc | June 30, 2020 | +300.2% | $220.9M |
| JLLJones Lang Lasalle Inc | June 30, 2020 | +199.6% | $328.6M |
| MSGSMadison Square Grdn Sprt Cor | June 30, 2020 | +173.6% | $264.6M |
| KNKnowles Corp | June 30, 2020 | +171.8% | $94.8M |
| BOKFBok Finl Corp | June 30, 2020 | +146.1% | $226.0M |
| MSGEMadison Square Garden Entmt | June 30, 2023 | +140.6% | $428.9M |
| SPHRSphere Entertainment Co | June 30, 2020 | +130.7% | $288.2M |
| NTRSNorthern Tr Corp | June 30, 2020 | +119.1% | $169.0M |
Sold off last quarter
- SWKStanley Black & Decker Inc was $28.2M
- TAPMolson Coors Beverage Co was $23.6M
- MSFTMicrosoft Corp was $23.0M
- SKYDParamount Skydance Corp was $23.0M
- HCKTHackett Group Inc was $5.5M
- Credicorp LtdCUSIP G2519Y108 was $2.6M
- Intercorp Finl Svcs IncCUSIP P5626F128 was $2.3M
- VXUSVanguard Star Fds was $361K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +13.9% | +14.8% |
| March 31, 2026 | −0.8% | −4.6% |
| December 31, 2025 | +2.7% | +2.4% |
| September 30, 2025 | +11.7% | +7.8% |
| June 30, 2025 | +6.2% | +10.5% |
| March 31, 2025 | −5.7% | −4.6% |
| December 31, 2024 | −1.0% | +2.1% |
| September 30, 2024 | +11.0% | +5.4% |
| June 30, 2024 | −5.3% | +4.0% |
| March 31, 2024 | +4.8% | +10.0% |
| December 31, 2023 | +11.4% | +11.2% |
| September 30, 2023 | −7.4% | −3.6% |
| June 30, 2023 | +1.5% | +8.3% |
| March 31, 2023 | +5.7% | +7.0% |
| December 31, 2022 | +12.7% | +7.1% |
| September 30, 2022 | −8.2% | −5.3% |
| June 30, 2022 | −14.9% | −16.5% |
| March 31, 2022 | −3.4% | −4.9% |
| December 31, 2021 | +4.7% | +10.7% |
| September 30, 2021 | −3.2% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Ariel Investments, LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=936753&type=13F-HR&dateb=&owner=include&count=40CIK 936753
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/936753/000093675326000050/Filed August 14, 2026 · accession 0000936753-26-000050