Chicago, Illinois – Ariel Investments, based in Chicago, saw its 13F portfolio value increase from $10.04 billion to $10.17 billion this quarter. The portfolio, known for its diversification, holds around 150 positions. Among the significant stakes are Mattel, Jones Lang LaSelle, Madison Square Garden Entertainment, Generac Holdings, and Resideo Technologies, collectively making up roughly 14% of the portfolio.

John Rogers, the founder of Ariel Investments, oversees the flagship mutual fund, the Ariel Fund, with a lifetime annualized return of 10.52%. The other mutual funds in the group include the Ariel Appreciation Fund, Ariel Focus Fund, Ariel International Fund, and Ariel Global Fund.

New additions to Ariel Investments’ portfolio this quarter include a small position in Aptiv PLC, established at prices between $76.20 and $90.17.

Stake increases were seen in companies like Mattel, Inc., Sphere Entertainment, Affiliated Managers Group, ADT Inc., and more. Notable decreases in stakes were observed in Jones Lang LaSalle, Madison Square Garden Entertainment, Generac Holdings, Resideo Technologies, and others.

A diverse range of companies saw their stakes decreased during the quarter, including Axalta Coating, BOK Financial, Boyd Gaming, and more. Ariel Investments continues to make strategic adjustments to its portfolio holdings, aiming to maximize returns for its investors.