John Rogers
Portfolio value$10.0B
Positions106
QuarterQ2 2026ended 2026-06-30
Filed08/142026
Ariel Investments, LLC's Q2 2026 13F, filed Aug 14, 2026, reports 106 positions worth $10.0B. The ten largest are 33.0% of the book, led by Madison Square Garden Entmt at 4.3%, Onespaworld Holdings Limited at 4.2% and Charles River Laboratories at 3.4%. Against Q1 2026: 8 bought, 33 added to, 63 reduced, 8 sold; the largest moves were bought Haemonetics Corp Mass and reduced Sphere Entertainment Co (−32%).
Where the money is
MSGEOSW96 other
Holdings
| Ticker | Issuer | Weight | Value | Q-end → now | Price vs model | Change |
|---|---|---|---|---|---|---|
| MSGE | Madison Square Garden Entmt | 4.3% | $428.9M5.3M sh | 80.89 | — | reduced −13% |
| OSW | Onespaworld Holdings Limited | 4.2% | $420.4M14.9M sh | 28.24 | — | reduced −4% |
| CRL | Charles Riv Labs Intl INC | 3.4% | $341.6M1.5M sh | 226.79 → +32% | 348% overvalued | added +4% |
| AMG | Affiliated Managers Group | 3.4% | $338.3M999,676 sh | 338.40 | — | reduced −6% |
| JLL | Jones Lang Lasalle INC | 3.3% | $328.6M1.1M sh | 309.95 | — | added +4% |
| NCLH | Norwegian Cruise Line Hldgs | 3.2% | $325.7M15.4M sh | 21.11 → −29% | 19% undervalued | added +5% |
| GNRC | Generac Hldgs INC | 2.9% | $292.2M997,951 sh | 292.81 → −34% | 52% overvalued | reduced −23% |
| SPHR | Sphere Entertainment CO | 2.9% | $288.2M1.7M sh | 173.03 | — | reduced −32% |
| MIDD | Middleby Corp | 2.8% | $282.8M1.6M sh | 172.01 | — | added +4% |
| MSGS | Madison Square Grdn Sprt Cor | 2.6% | $264.6M658,551 sh | 401.84 | — | reduced −8% |
| NVST | Envista Holdings Corporation | 2.6% | $258.7M9.8M sh | 26.35 | — | reduced −10% |
| ZBRA | Zebra Technologies Corporati | 2.4% | $243.0M922,998 sh | 263.26 → +40% | 115% overvalued | added +19% |
| LAZ | Lazard INC | 2.4% | $241.4M5.8M sh | 41.94 | — | reduced −1% |
| BIO | Bio Rad Labs INC | 2.4% | $239.8M816,751 sh | 293.61 | — | added +4% |
| PBH | Prestige Consmr Healthcare I | 2.3% | $230.1M4.9M sh | 47.27 | — | added +14% |
| BOKF | Bok Finl Corp | 2.3% | $226.0M1.6M sh | 138.88 | — | reduced −1% |
| FAF | First Amern Finl Corp | 2.2% | $221.5M3.2M sh | 68.59 | — | reduced −16% |
| CVSA | Covista INC | 2.2% | $220.9M1.8M sh | 124.66 | — | reduced −8% |
| MAT | Mattel INC | 2.1% | $214.0M15.4M sh | 13.88 | — | added +14% |
| MHK | Mohawk Inds INC | 2.1% | $213.1M1.8M sh | 121.33 | — | added +1% |
| MANU | Manchester Utd PLC New | 2.1% | $212.3M9.3M sh | 22.93 | — | added +2% |
| GNTX | Gentex Corp | 2.1% | $210.0M8.3M sh | 25.27 | — | reduced −0% |
| SJM | Smucker J M CO | 2.0% | $202.4M1.8M sh | 112.50 → +13% | 378% overvalued | reduced −3% |
| BYD | Boyd Gaming Corp | 1.9% | $192.8M2.2M sh | 88.33 | — | reduced −4% |
| CG | Carlyle Group INC | 1.9% | $191.5M4.5M sh | 42.11 | — | added +14% |
| REZI | Resideo Technologies INC | 1.9% | $191.0M6.1M sh | 31.10 | — | added +1% |
| NTRS | Northern Tr Corp | 1.7% | $169.0M972,340 sh | 173.84 → −5% | 14% overvalued | reduced −15% |
| CLB | Core Laboratories INC | 1.6% | $164.0M14.1M sh | 11.65 | — | added +7% |
| HAE | Haemonetics Corp Mass | 1.5% | $154.6M2.1M sh | 75.00 | — | bought |
| RLI | Rli Corp | 1.5% | $148.8M2.5M sh | 59.07 | — | added +189% |
| MAS | Masco Corp | 1.3% | $133.0M1.6M sh | 81.37 → −10% | 21% overvalued | added +212% |
| AXTA | Axalta Coating Sys LTD | 1.2% | $118.5M3.5M sh | 34.22 | — | reduced −0% |
| ADT | Adt INC Del | 1.2% | $116.1M17.9M sh | 6.50 | — | reduced −8% |
| LH | Labcorp Holdings INC | 1.0% | $97.8M349,112 sh | 280.00 → +14% | 13% overvalued | reduced −1% |
| SMG | Scotts Miracle-gro CO | 1.0% | $96.1M1.4M sh | 68.11 | — | added +47% |
| KN | Knowles Corp | 0.9% | $94.8M2.3M sh | 41.48 | — | reduced −40% |
| BCO | Brinks CO | 0.9% | $86.1M911,321 sh | 94.49 | — | reduced −1% |
| OMC | Omnicom Group INC | 0.9% | $85.5M1.2M sh | 72.83 → +11% | 25% overvalued | added +6% |
| XRAY | Dentsply Sirona INC | 0.8% | $85.2M8.0M sh | 10.61 | — | added +26% |
| LIND | Lindblad Expeditions Hldgs I | 0.8% | $78.0M2.8M sh | 28.24 | — | reduced −20% |
| INTC | Intel Corp | 0.8% | $76.6M548,831 sh | 139.63 → −36% | 63% undervalued | reduced −62% |
| CVS | Cvs Health Corp | 0.8% | $75.5M730,110 sh | 103.45 → −11% | 420% overvalued | added +4% |
| LFUS | Littelfuse INC | 0.7% | $74.4M163,376 sh | 455.33 | — | reduced −24% |
| DIS | Disney Walt CO | 0.6% | $61.2M635,446 sh | 96.25 → +15% | 9% undervalued | reduced −3% |
| FSLR | First Solar INC | 0.6% | $57.2M242,450 sh | 235.96 → −27% | 35% overvalued | reduced −11% |
| GCMG | Gcm Grosvenor INC | 0.5% | $54.3M4.4M sh | 12.30 | — | added +0% |
| SLB | Slb Limited | 0.5% | $54.1M1.2M sh | 46.49 → +6% | 22% undervalued | reduced −6% |
| FDS | Factset Resh Sys INC | 0.5% | $53.9M234,096 sh | 230.08 → +31% | 18% overvalued | added +4% |
| KEYS | Keysight Technologies INC | 0.5% | $51.0M145,711 sh | 350.07 → −5% | 224% overvalued | reduced −29% |
| NVT | Nvent Elec PLC | 0.5% | $50.7M299,032 sh | 169.61 | — | reduced −50% |
| PPL | Ppl Corp | 0.5% | $49.1M1.3M sh | 36.35 → −3% | 27% undervalued | bought |
| SCHW | Schwab Charles Corp | 0.5% | $48.5M525,299 sh | 92.27 → −0% | 43% undervalued | added +30% |
| WEX | Wex INC | 0.5% | $46.8M331,383 sh | 141.09 | — | reduced −2% |
| CBRE | Cbre Group INC | 0.5% | $46.3M343,527 sh | 134.69 → −1% | 58% overvalued | added +31% |
| MTB | M & T Bk Corp | 0.4% | $41.6M174,574 sh | 238.01 → −10% | 10% undervalued | reduced −2% |
| BMY | Bristol-myers Squibb CO | 0.4% | $40.1M696,430 sh | 57.62 → +4% | 43% undervalued | reduced −4% |
| T | At&t INC | 0.4% | $39.8M1.9M sh | 20.70 → +13% | 58% undervalued | added +29% |
| KKR | Kkr & CO INC | 0.4% | $38.9M424,241 sh | 91.78 → −6% | 17% undervalued | reduced −3% |
| AQN | Algonquin Power & Utilities | 0.4% | $38.7M6.6M sh | 5.86 | — | reduced −66% |
| DT | Dynatrace INC | 0.3% | $34.6M788,488 sh | 43.91 | — | bought |
| HPE | Hewlett Packard Enterprise C | 0.3% | $33.9M751,355 sh | 45.11 → +22% | 4% undervalued | reduced −55% |
| HLI | Houlihan Lokey INC | 0.3% | $32.8M244,520 sh | 134.13 | — | bought |
| FITB | Fifth Third Bancorp | 0.3% | $31.3M554,673 sh | 56.37 → −11% | 88% overvalued | reduced −2% |
| KFY | Korn Ferry | 0.3% | $30.0M450,116 sh | 66.58 | — | reduced −3% |
| FDX | Fedex Corp | 0.3% | $29.9M95,476 sh | 313.13 → −6% | 55% overvalued | reduced −22% |
| BAC | Bank Of Amer Corp | 0.3% | $28.1M492,572 sh | 56.98 → −10% | 1% overvalued | reduced −4% |
| AFL | Aflac INC | 0.3% | $27.7M236,216 sh | 117.25 → +2% | 11% overvalued | reduced −1% |
| FISV | Fiserv INC | 0.3% | $26.7M545,115 sh | 49.05 → −3% | 83% undervalued | added +26% |
| GILD | Gilead Sciences INC | 0.2% | $24.7M195,657 sh | 126.34 → +24% | 16% undervalued | reduced −3% |
| LESL | Leslies INC | 0.2% | $24.5M2.4M sh | 10.15 | — | reduced −16% |
| COF | Capital One Finl Corp | 0.2% | $21.7M108,339 sh | 200.62 → +1% | 10% overvalued | bought |
| RCL | Royal Caribbean Group | 0.2% | $21.3M67,173 sh | 317.53 → −13% | 251% overvalued | added +3761% |
| SSD | Simpson Mfg INC | 0.2% | $20.8M99,589 sh | 209.35 | — | added +9% |
| CNP | Centerpoint Energy INC | 0.2% | $20.3M460,132 sh | 44.04 → −8% | 13% overvalued | reduced −4% |
| KMX | Carmax INC | 0.2% | $18.3M346,538 sh | 52.89 | — | reduced −38% |
| IWN | Ishares Tr | 0.2% | $17.0M76,697 sh | 221.20 | — | added +17% |
| MTN | Vail Resorts INC | 0.1% | $14.9M109,130 sh | 136.15 | — | reduced −3% |
| PGR | Progressive Corp | 0.1% | $12.9M58,906 sh | 218.45 → +0% | 11% undervalued | added +5732% |
| SNA | Snap On INC | 0.1% | $11.6M28,940 sh | 402.40 → −9% | 6% undervalued | reduced −11% |
| MGPI | Mgp Ingredients INC New | 0.1% | $10.7M610,729 sh | 17.52 | — | reduced −3% |
| PHIN | Phinia INC | 0.1% | $9.3M113,193 sh | 82.37 | — | reduced −15% |
| JNJ | Johnson & Johnson | 0.1% | $9.0M35,393 sh | 253.97 → +1% | 36% undervalued | reduced −13% |
| TSM | Taiwan Semiconductor Manufac | 0.1% | $8.5M17,838 sh | 477.57 | — | added +11% |
| FDXF | Fedex Fght Hldg CO INC | 0.1% | $7.2M47,734 sh | 151.00 → −25% | 41% undervalued | bought |
| B | Barrick Mng Corp | 0.1% | $7.1M194,488 sh | 36.73 | — | reduced −6% |
| APA | Apa Corporation | 0.1% | $6.1M186,521 sh | 32.57 → +51% | 8% undervalued | reduced −16% |
| CVX | Chevron Corporation | 0.1% | $5.7M34,626 sh | 165.76 → +36% | 9% overvalued | reduced −17% |
| LMT | Lockheed Martin Corp | 0.1% | $5.6M11,045 sh | 509.46 → +8% | 14% overvalued | reduced −16% |
| VEA | Vanguard Tax-managed Fds | 0.1% | $5.4M75,980 sh | 71.25 | — | bought |
| VT | Vanguard Intl Equity Index F | 0.0% | $4.4M27,941 sh | 156.95 | — | added +180% |
| AJG | Gallagher Arthur J & CO | 0.0% | $4.3M18,597 sh | 229.57 → +11% | 42% overvalued | reduced −6% |
| BWA | Borgwarner INC | 0.0% | $3.7M55,049 sh | 66.40 | — | reduced −15% |
| KB | Kb Finl Group INC | 0.0% | $2.8M26,798 sh | 104.96 | — | reduced −46% |
| MOS | Mosaic CO | 0.0% | $2.6M123,607 sh | 21.19 → −11% | 67% undervalued | reduced −17% |
| KSPI | Kaspi Kz Jsc | 0.0% | $2.0M23,614 sh | 86.64 | — | added +4% |
| ORCL | Oracle Corp | 0.0% | $2.0M13,730 sh | 146.55 → −13% | 30% undervalued | reduced −16% |
| XCEM | Columbia ETF Tr Ii | 0.0% | $881,56216,671 sh | 52.88 | — | added +97% |
| VWO | Vanguard Intl Equity Index F | 0.0% | $600,78010,065 sh | 59.69 | — | reduced −50% |
| HDB | Hdfc Bank LTD | 0.0% | $363,48014,072 sh | 25.83 | — | held |
| MSI | Motorola Solutions INC | 0.0% | $287,381692 sh | 415.29 → +12% | 61% overvalued | reduced −1% |
Source: the manager's Form 13F-HR on SEC EDGAR, kept as immutable quarterly snapshots; changes compare two consecutive filings. A 13F is filed up to 45 days after quarter end and covers US-listed long positions only. Tickers come from a self-maintained CUSIP map; a position without one shows its CUSIP. Method notes in where the numbers come from.