Mutual Fund Top Ten Holdings
Ariel Fund
As of September 30, 2021
| Shares | Security Description | Ticker | Current Value ($) | % of Net Assets | |
|---|---|---|---|---|---|
|
Top Ten Equity Holdings
|
|||||
| 2,155,149 | Madison Square Garden Entertainment Corp. | MSGE | 156,614,678 | 5.1 | |
| 3,348,003 | Lazard Ltd., Class A | LAZ | 153,338,537 | 5.0 | |
| 500,299 | JLL | JLL | 124,119,179 | 4.1 | |
| 1,785,088 | First American Financial Corp. | FAF | 119,690,150 | 3.9 | |
| 3,173,966 | Interpublic Group of Cos., Inc. | IPG | 116,389,333 | 3.8 | |
| 601,704 | Mohawk Industries, Inc. | MHK | 106,742,290 | 3.5 | |
| 1,751,368 | KKR & Co., Inc. | KKR | 106,623,284 | 3.5 | |
| 2,600,502 | Adtalem Global Education, Inc. | ATGE | 98,324,981 | 3.2 | |
| 1,043,807 | BOK Financial Corp. | BOKF | 93,472,917 | 3.1 | |
| 1,363,500 | Stericycle, Inc. | SRCL | 92,677,095 | 3.0 |
Ariel Appreciation Fund
As of September 30, 2021
| Shares | Security Description | Ticker | Current Value ($) | % of Net Assets | |
|---|---|---|---|---|---|
|
Top Ten Equity Holdings
|
|||||
| 784,855 | Madison Square Garden Entertainment Corp. | MSGE | 57,035,413 | 4.2 | |
| 1,173,802 | Lazard Ltd., Class A | LAZ | 53,760,132 | 3.9 | |
| 591,289 | BOK Financial Corp. | BOKF | 52,949,930 | 3.9 | |
| 488,900 | Northern Trust Corp. | NTRS | 52,708,309 | 3.9 | |
| 133,106 | Goldman Sachs Group, Inc. | GS | 50,318,061 | 3.7 | |
| 907,900 | Aflac, Inc. | AFL | 47,328,827 | 3.5 | |
| 521,900 | Progressive Corp. | PGR | 47,174,541 | 3.4 | |
| 692,050 | First American Financial Corp. | FAF | 46,401,953 | 3.4 | |
| 950,888 | Walgreens Boots Alliance, Inc. | WBA | 44,739,280 | 3.3 | |
| 2,317,959 | Mattel, Inc. | MAT | 43,021,319 | 3.1 |
Ariel Focus Fund
As of September 30, 2021
| Shares | Security Description | Ticker | Current Value ($) | % of Net Assets | |
|---|---|---|---|---|---|
|
Top Ten Equity Holdings
|
|||||
| 103,732 | Mosaic Co. | MOS | 3,705,307 | 6.0 | |
| 153,675 | APA Corp. | APA | 3,293,255 | 5.4 | |
| 8,166 | Goldman Sachs Group, Inc. | GS | 3,086,993 | 5.0 | |
| 33,906 | BOK Financial Corp. | BOKF | 3,036,282 | 4.9 | |
| 63,200 | BorgWarner, Inc. | BWA | 2,730,872 | 4.4 | |
| 22,567 | J.M. Smucker Co. | SJM | 2,708,717 | 4.4 | |
| 59,024 | Lazard Ltd., Class A | LAZ | 2,703,299 | 4.4 | |
| 56,833 | Walgreens Boots Alliance, Inc. | WBA | 2,673,993 | 4.3 | |
| 12,770 | Snap-on, Inc. | SNA | 2,668,292 | 4.3 | |
| 135,671 | Nielsen Holdings plc | NLSN | 2,603,526 | 4.2 |
Ariel International Fund
As of September 30, 2021
| Units | Security Description | Market Value | % of Total Value | |
|---|---|---|---|---|
|
Top Ten Equity Holdings
|
||||
| 177,085 | Roche Holding AG | 64,630,708 | 7.5 | |
| 337,667 | Deutsche Boerse AG | 54,792,085 | 6.4 | |
| 551,464 | Philip Morris Intl, Inc. | 52,273,273 | 6.1 | |
| 1,461,228 | Koninklijke Ahold Delhaize NV | 48,656,174 | 5.6 | |
| 2,500,718 | GlaxoSmithKline plc | 47,196,477 | 5.5 | |
| 296,706 | Michelin (CGDE) | 45,497,040 | 5.3 | |
| 91,500 | Nintendo Co., Ltd. | 43,726,282 | 5.1 | |
| 271,486 | Baidu, Inc. ADR | 41,740,973 | 4.8 | |
| 6,889,656 | Snam SpA | 38,112,823 | 4.4 | |
| 1,838,291 | Endesa SA | 37,073,765 | 4.3 |
Ariel Global Fund
As of September 30, 2021
| Units | Security Description | Market Value | % of Total Value | |
|---|---|---|---|---|
|
Top Ten Equity Holdings
|
||||
| 70,695 | Microsoft Corp. | 19,930,334 | 9.5 | |
| 39,246 | Roche Holding AG | 14,323,612 | 6.8 | |
| 135,162 | Philip Morris Intl, Inc. | 12,812,006 | 6.1 | |
| 170,698 | Gilead Sciences, Inc. | 11,923,255 | 5.7 | |
| 74,774 | Baidu, Inc. ADR | 11,496,503 | 5.5 | |
| 603,108 | GlaxoSmithKline plc | 11,382,560 | 5.4 | |
| 50,430 | Michelin (CGDE) | 7,732,960 | 3.7 | |
| 47,246 | Johnson & Johnson | 7,630,229 | 3.6 | |
| 316,056 | Endesa SA | 6,374,065 | 3.0 | |
| 38,183 | Deutsche Boerse AG | 6,195,827 | 3.0 |