ARIEL INVESTMENTS, LLC is an institutional investment manager that files quarterly 13F reports with the SEC. As of Q1 2026, the fund manages $8.9B in reported equity holdings across 106 positions. The largest holdings are MSGE (4.0%), OSW (4.0%), JLL (3.5%), AMG (3.3%), SPHR (3.2%). The portfolio is concentrated in Other (74.8%), Consumer Cyclical (7.1%), Financial Services (5.8%). Data sourced from SEC EDGAR 13F filings (CIK 936753).