Mutual Fund Top Ten Holdings
Ariel Fund
As of December 31, 2021
| Shares | Security Description | Ticker | Current Value ($) | % of Net Assets | |
|---|---|---|---|---|---|
|
Top Ten Equity Holdings
|
|||||
| 2,455,892 | Madison Square Garden Entertainment Corp. | MSGE | 172,747,444 | 5.1 | |
| 3,348,003 | Lazard Ltd., Class A | LAZ | 146,073,371 | 4.3 | |
| 1,785,088 | First American Financial Corp. | FAF | 139,647,434 | 4.1 | |
| 471,066 | JLL | JLL | 126,876,916 | 3.7 | |
| 3,173,966 | Interpublic Group of Cos., Inc. | IPG | 118,865,027 | 3.5 | |
| 5,385,947 | Mattel, Inc. | MAT | 116,121,017 | 3.4 | |
| 3,772,555 | ViacomCBS, Inc. | VIAC | 113,855,710 | 3.4 | |
| 1,043,807 | BOK Financial Corp. | BOKF | 110,111,200 | 3.2 | |
| 601,704 | Mohawk Industries, Inc. | MHK | 109,618,435 | 3.2 | |
| 5,315,062 | Nielsen Holdings plc | NLSN | 109,011,922 | 3.2 |
Ariel Appreciation Fund
As of December 31, 2021
| Shares | Security Description | Ticker | Current Value ($) | % of Net Assets | |
|---|---|---|---|---|---|
|
Top Ten Equity Holdings
|
|||||
| 547,906 | BOK Financial Corp. | BOKF | 57,798,604 | 4.1 | |
| 784,855 | Madison Square Garden Entertainment Corp. | MSGE | 55,206,701 | 3.9 | |
| 459,183 | Northern Trust Corp. | NTRS | 54,922,879 | 3.9 | |
| 2,533,917 | Mattel, Inc. | MAT | 54,631,251 | 3.9 | |
| 907,900 | Aflac, Inc. | AFL | 53,012,281 | 3.8 | |
| 490,191 | Progressive Corp. | PGR | 50,318,106 | 3.6 | |
| 156,257 | Laboratory Corp. of America Holdings | LH | 49,097,512 | 3.5 | |
| 1,093,866 | Lazard Ltd., Class A | LAZ | 47,725,374 | 3.4 | |
| 124,538 | Goldman Sachs Group, Inc. | GS | 47,642,012 | 3.4 | |
| 887,361 | Walgreens Boots Alliance, Inc. | WBA | 46,284,750 | 3.3 |
Ariel Focus Fund
As of December 31, 2021
| Shares | Security Description | Ticker | Current Value ($) | % of Net Assets | |
|---|---|---|---|---|---|
|
Top Ten Equity Holdings
|
|||||
| 155,202 | APA Corp. | APA | 4,173,382 | 5.9 | |
| 105,683 | Mosaic Co. | MOS | 4,152,285 | 5.8 | |
| 35,049 | BOK Financial Corp. | BOKF | 3,697,319 | 5.2 | |
| 164,102 | Nielsen Holdings plc | NLSN | 3,365,732 | 4.7 | |
| 8,750 | Goldman Sachs Group, Inc. | GS | 3,347,313 | 4.7 | |
| 24,543 | J.M. Smucker Co. | SJM | 3,333,430 | 4.7 | |
| 10,111 | Laboratory Corp. of America Holdings | LH | 3,176,977 | 4.5 | |
| 68,868 | BorgWarner, Inc. | BWA | 3,103,881 | 4.4 | |
| 13,891 | Snap-on, Inc. | SNA | 2,991,844 | 4.2 | |
| 63,960 | Lazard Ltd., Class A | LAZ | 2,790,575 | 3.9 |
Ariel International Fund
As of December 31, 2021
| Units | Security Description | Market Value | % of Total Value | |
|---|---|---|---|---|
|
Top Ten Equity Holdings
|
||||
| 152,792 | Roche Holding AG | 63,387,481 | 8.3 | |
| 337,667 | Deutsche Boerse AG | 56,381,761 | 7.4 | |
| 2,157,793 | GlaxoSmithKline plc | 46,923,661 | 6.1 | |
| 475,844 | Philip Morris Intl, Inc. | 45,205,180 | 5.9 | |
| 1,260,866 | Koninklijke Ahold Delhaize NV | 43,258,670 | 5.7 | |
| 256,024 | Michelin (CGDE) | 42,017,321 | 5.5 | |
| 78,800 | Nintendo Co., Ltd. | 36,867,169 | 4.8 | |
| 5,552,969 | Snam SpA | 33,446,520 | 4.4 | |
| 1,399,082 | Endesa SA | 32,208,883 | 4.2 | |
| 201,572 | Baidu, Inc. ADR | 29,991,898 | 3.9 |
Ariel Global Fund
As of December 31, 2021
| Units | Security Description | Market Value | % of Total Value | |
|---|---|---|---|---|
|
Top Ten Equity Holdings
|
||||
| 58,732 | Microsoft Corp. | 19,752,746 | 11.1 | |
| 32,606 | Roche Holding AG | 13,526,966 | 7.6 | |
| 501,078 | GlaxoSmithKline plc | 10,896,511 | 6.1 | |
| 141,820 | Gilead Sciences, Inc. | 10,297,550 | 5.8 | |
| 105,760 | Philip Morris Intl, Inc. | 10,047,200 | 5.6 | |
| 62,121 | Baidu, Inc. ADR | 9,242,984 | 5.2 | |
| 41,898 | Michelin (CGDE) | 6,876,081 | 3.9 | |
| 39,252 | Johnson & Johnson | 6,714,840 | 3.8 | |
| 271,342 | Endesa SA | 6,246,684 | 3.5 | |
| 44,920 | Credicorp Ltd. | 5,483,384 | 3.1 |