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Portfolio (Quarterly) Guide ↗

ARIEL INVESTMENTS, LLC

· CIK 0000936753
13F Portfolio $8.9B AUM 200 positions Filed May 14, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 8 New 42 Added 47 Reduced 10 Exited
Page 2 of 3  ·  42 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 FSLR FIRST SOLAR INC Energy 271,480.0 $53.6M 0.60% +20K +7.9% $197.26 +39.7%
22 RLI RLI CORP Financial Services 872,033.0 $49.7M 0.56% +499K +133.7% $57.04 -7.7%
23 FDS FACTSET RESH SYS INC Financial Services 225,047.0 $48.8M 0.55% +100K +79.4% $216.99 +13.2%
24 T AT&T INC Communication Services 1,489,147.0 $43.2M 0.48% +287K +23.8% $28.99 -22.1%
25 KKR KKR & CO INC Financial Services 439,405.0 $40.6M 0.46% +174K +65.9% $92.50 +0.3%
26 HPE HEWLETT PACKARD ENTERPRISE C Technology 1,659,398.0 $39.5M 0.44% +338K +25.6% $23.81 +108.6%
27 SCHW SCHWAB CHARLES CORP Financial Services 402,927.0 $37.9M 0.42% +61K +17.7% $93.98 -6.0%
28 CBRE CBRE GROUP INC Real Estate 263,149.0 $35.6M 0.40% +52K +24.7% $135.46 -2.6%
29 FDX FEDEX CORP Industrials 98,918.0 $35.2M 0.39% +28K +38.5% $356.18 -7.2%
30 MAS MASCO CORP Industrials 523,429.0 $31.6M 0.35% +118K +29.1% $60.37 +14.9%
31 AFL AFLAC INC Financial Services 239,266.0 $26.2M 0.29% +27K +12.8% $109.71 +5.1%
32 FISV FISERV INC Technology 432,559.0 $24.1M 0.27% +112K +34.7% $55.80 -5.5%
33 TAP MOLSON COORS BEVERAGE CO Consumer Defensive 548,715.0 $23.6M 0.26% +33K +6.3% $43.06 -7.8%
34 IWN ISHARES TR 65,455.0 $12.4M 0.14% +32K +96.5% $189.59 +11.6%
35 TSM TAIWAN SEMICONDUCTOR MANUFAC Technology 16,092.0 $5.4M 0.06% +6K +58.4% $337.95 +26.1%
36 AJG GALLAGHER ARTHUR J & CO Financial Services 19,764.0 $4.3M 0.05% +4K +28.7% $216.58 -1.9%
37 MOS MOSAIC CO Basic Materials 148,341.0 $3.8M 0.04% +1K +0.9% $25.50 -15.9%
38 LESL LESLIES INC Consumer Cyclical 2,882,994.0 $3.2M 0.04% +47K +1.6% $1.12 +368.7%
39 BAP CREDICORP LTD Financial Services 7,585.0 $2.6M 0.03% +2K +32.2% $339.18 -6.5%
40 IFS INTERCORP FINL SVCS INC Financial Services 46,465.0 $2.3M 0.03% +12K +34.0% $50.20 -6.0%
Page 2 of 3  ·  42 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Consumer Cyclical 20.4%
Financial Services 20.2%
Healthcare 15.6%
Industrials 13.8%
Communication Services 10.6%
Technology 7.3%
Real Estate 4.2%
Consumer Defensive 2.6%
Basic Materials 2.0%
Utilities 1.7%