Vice President, Compliance

0000936753-24-000041.txt : 20240514 0000936753-24-000041.hdr.sgml : 20240514 20240514173042 ACCESSION NUMBER: 0000936753-24-000041 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240514 DATE AS OF CHANGE: 20240514 EFFECTIVENESS DATE: 20240514 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ARIEL INVESTMENTS, LLC CENTRAL INDEX KEY: 0000936753 ORGANIZATION NAME: IRS NUMBER: 020712418 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-04003 FILM NUMBER: 24945964 BUSINESS ADDRESS: STREET 1: 200 EAST RANDOLPH STREET STREET 2: SUITE 2900 CITY: CHICAGO STATE: IL ZIP: 60601 BUSINESS PHONE: (312) 726-0140 MAIL ADDRESS: STREET 1: 200 EAST RANDOLPH STREET STREET 2: SUITE 2900 CITY: CHICAGO STATE: IL ZIP: 60601 FORMER COMPANY: FORMER CONFORMED NAME: ARIEL CAPITAL MANAGEMENT LLC DATE OF NAME CHANGE: 20040218 FORMER COMPANY: FORMER CONFORMED NAME: ARIEL CAPITAL MANAGEMENT INC DATE OF NAME CHANGE: 19950202 13F-HR 1 primary_doc.xml X0202 13F-HR LIVE false true false 0000936753 XXXXXXXX 03-31-2024 03-31-2024 ARIEL INVESTMENTS, LLC

200 EAST RANDOLPH STREET SUITE 2900 CHICAGO IL 60601

13F HOLDINGS REPORT 028-04003 N James R Prescott Vice President, Compliance 312-612-2759 /s/ James R. Prescott Chicago IL 05-14-2024 2 209 10166618090 false 1 0000884546 028-03128 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 2 0000102909 028-06408 VANGUARD GROUP INC INFORMATION TABLE 2 InformationTable.xml 13F 1Q24 TEST ADT Inc COM 00090Q103 194681222 28970420 SH SOLE 25299568 0 3670852 ADT Inc COM 00090Q103 281219 41848 SH OTR 1 0 0 41848 ADT Inc COM 00090Q103 3813795 567529 SH OTR 2 567529 0 0 Adtalem Global Education Inc COM 00737L103 156065049 3036285 SH SOLE 2752130 0 284155 Adtalem Global Education Inc COM 00737L103 257360 5007 SH OTR 1 0 0 5007 Adtalem Global Education Inc COM 00737L103 1954485 38025 SH OTR 2 38025 0 0 Affiliated Managers Group Inc COM 008252108 216822739 1294696 SH SOLE 1076690 0 218006 Affiliated Managers Group Inc COM 008252108 5411458 32313 SH OTR 2 32313 0 0 Aflac Inc COM 001055102 45937504 535028 SH SOLE 530044 0 4984 Aflac Inc COM 001055102 266595 3105 SH OTR 1 0 0 3105 APA Corp COM 03743Q108 6581776 191442 SH SOLE 191442 0 0 Aptiv PLC SHS G6095L109 85880143 1078219 SH SOLE 713627 6821 357771 Axalta Coating Systems Ltd COM G0750C108 149463308 4346127 SH SOLE 3958841 0 387286 Axalta Coating Systems Ltd COM G0750C108 326602 9497 SH OTR 1 0 0 9497 Axalta Coating Systems Ltd COM G0750C108 4135845 120263 SH OTR 2 120263 0 0 Baidu Inc ADR 056752108 119989827 1139721 SH SOLE 576225 11276 552220 Bank of America Corp COM 060505104 6707328 176881 SH SOLE 176881 0 0 Barrick Gold Corp COM 067901108 4196408 252188 SH SOLE 252188 0 0 Bio-Rad Laboratories Inc COM 090572207 20952459 60579 SH SOLE 59994 0 585 Bio-Rad Laboratories Inc COM 090572207 189191 547 SH OTR 1 0 0 547 Bio-Rad Laboratories Inc COM 090572207 1371720 3966 SH OTR 2 3966 0 0 BOK Financial Corp COM 05561Q201 194361132 2112621 SH SOLE 1838894 0 273727 BOK Financial Corp COM 05561Q201 3842656 41768 SH OTR 2 41768 0 0 BorgWarner Inc COM 099724106 34582072 995454 SH SOLE 987565 0 7889 BorgWarner Inc COM 099724106 254853 7336 SH OTR 1 0 0 7336 Boyd Gaming Corp COM 103304101 176735600 2625306 SH SOLE 2233487 0 391819 Boyd Gaming Corp COM 103304101 4739395 70401 SH OTR 2 70401 0 0 Brady Corp COM 104674106 16927582 285553 SH SOLE 202333 0 83220 Brady Corp COM 104674106 218150 3680 SH OTR 1 0 0 3680 Brink's Co/The COM 109696104 152771855 1653733 SH SOLE 1311435 0 342298 Brink's Co/The COM 109696104 711696 7704 SH OTR 1 0 0 7704 Brink's Co/The COM 109696104 4735768 51264 SH OTR 2 51264 0 0 Bristol-Myers Squibb Co COM 110122108 34387948 634113 SH SOLE 264406 12071 357636 Capital One Financial Corp COM 14040H105 39265866 263724 SH SOLE 113158 4507 146059 Carlyle Group Inc/The COM 14316J108 223028388 4754389 SH SOLE 4255687 0 498702 Carlyle Group Inc/The COM 14316J108 6029389 128531 SH OTR 2 128531 0 0 CarMax Inc COM 143130102 56625333 650044 SH SOLE 643712 0 6332 CarMax Inc COM 143130102 270302 3103 SH OTR 1 0 0 3103 CBRE Group Inc COM 12504L109 64145338 659660 SH SOLE 582774 0 76886 CBRE Group Inc COM 12504L109 421633 4336 SH OTR 1 0 0 4336 CBRE Group Inc COM 12504L109 4030890 41453 SH OTR 2 41453 0 0 Charles River Laboratories International Inc COM 159864107 247158964 912194 SH SOLE 814914 0 97280 Charles River Laboratories International Inc COM 159864107 552467 2039 SH OTR 1 0 0 2039 Charles River Laboratories International Inc COM 159864107 5032625 18574 SH OTR 2 18574 0 0 Charles Schwab Corp/The COM 808513105 60186157 831990 SH SOLE 823952 0 8038 Check Point Software Technologies Ltd ORD M22465104 226749237 1382533 SH SOLE 860898 11372 510263 Chevron Corp COM 166764100 5152262 32663 SH SOLE 32663 0 0 CNH Industrial NV COM N20944109 32611481 2516318 SH SOLE 1089330 42746 1384242 Core Laboratories Inc COM 21867A105 180985436 10596337 SH SOLE 9715161 0 881176 Core Laboratories Inc COM 21867A105 3916786 229320 SH OTR 2 229320 0 0 Credicorp Ltd COM G2519Y108 93413706 551341 SH SOLE 269671 5158 276512 CVS Health Corp COM 126650100 48383134 606609 SH SOLE 258411 10423 337775 DaVita Inc COM 23918K108 85076074 616270 SH SOLE 271431 10849 333990 Dun & Bradstreet Holdings Inc COM 26484T106 43351836 4317912 SH SOLE 3065289 0 1252623 Dun & Bradstreet Holdings Inc COM 26484T106 283349 28222 SH OTR 1 0 0 28222 Envista Holdings Corp COM 29415F104 187486095 8769228 SH SOLE 7819614 0 949614 Envista Holdings Corp COM 29415F104 149019 6970 SH OTR 1 0 0 6970 Envista Holdings Corp COM 29415F104 2480123 116002 SH OTR 2 116002 0 0 Evercore Inc COM 29977A105 24313139 126243 SH SOLE 126243 0 0 Fair Isaac Corp COM 303250104 469853 376 SH OTR 1 0 0 376 First American Financial Corp COM 31847R102 210285199 3444475 SH SOLE 3012434 0 432041 First American Financial Corp COM 31847R102 416666 6825 SH OTR 1 0 0 6825 First American Financial Corp COM 31847R102 3738641 61239 SH OTR 2 61239 0 0 Fiserv Inc COM 337738108 737889 4617 SH OTR 1 0 0 4617 GCM Grosvenor Inc COM 36831E108 43277573 4480080 SH SOLE 3701637 0 778443 Generac Holdings Inc COM 368736104 264631503 2097919 SH SOLE 1845822 0 252097 Generac Holdings Inc COM 368736104 466970 3702 SH OTR 1 0 0 3702 Generac Holdings Inc COM 368736104 5200878 41231 SH OTR 2 41231 0 0 Gentex Corp COM 371901109 226368519 6267124 SH SOLE 5481453 0 785671 Gentex Corp COM 371901109 461686 12782 SH OTR 1 0 0 12782 Gentex Corp COM 371901109 4567482 126453 SH OTR 2 126453 0 0 Gilead Sciences Inc COM 375558103 54417425 742900 SH SOLE 316894 12371 413635 Goldman Sachs Group Inc/The COM 38141G104 83867140 200788 SH SOLE 198910 0 1878 Goldman Sachs Group Inc/The COM 38141G104 504152 1207 SH OTR 1 0 0 1207 Hackett Group Inc/The COM 404609109 16404444 675080 SH SOLE 481016 0 194064 Hackett Group Inc/The COM 404609109 229125 9429 SH OTR 1 0 0 9429 Horace Mann Educators Corp COM 440327104 9289188 251127 SH SOLE 178526 0 72601 Intel Corp COM 458140100 57841631 1309523 SH SOLE 545339 22698 741486 Interpublic Group of Cos Inc/The COM 460690100 174467193 5346834 SH SOLE 4946014 0 400820 Interpublic Group of Cos Inc/The COM 460690100 307505 9424 SH OTR 1 0 0 9424 Interpublic Group of Cos Inc/The COM 460690100 5230328 160292 SH OTR 2 160292 0 0 iShares Russell 2000 Value ETF ETP 464287630 6517562 41040 SH SOLE 41040 0 0 iShares Russell Mid-Cap Value ETF ETP 464287473 235620 1880 SH SOLE 1880 0 0 J M Smucker Co/The COM 832696405 108194076 859570 SH SOLE 789880 0 69690 J M Smucker Co/The COM 832696405 110388 877 SH OTR 1 0 0 877 J M Smucker Co/The COM 832696405 997897 7928 SH OTR 2 7928 0 0 Janus Henderson Group PLC ORD G4474Y214 73666397 2239781 SH SOLE 1942016 0 297765 Johnson & Johnson COM 478160104 3837531 24259 SH SOLE 24259 0 0 Jones Lang LaSalle Inc COM 48020Q107 275779419 1413601 SH SOLE 1233714 0 179887 Jones Lang LaSalle Inc COM 48020Q107 401885 2060 SH OTR 1 0 0 2060 Jones Lang LaSalle Inc COM 48020Q107 4095719 20994 SH OTR 2 20994 0 0 KB Financial Group Inc ADR 48241A105 16605904 318915 SH SOLE 318915 0 0 Kennametal Inc COM 489170100 224550881 9003644 SH SOLE 7857660 0 1145984 Kennametal Inc COM 489170100 326814 13104 SH OTR 1 0 0 13104 Kennametal Inc COM 489170100 4481568 179694 SH OTR 2 179694 0 0 Keysight Technologies Inc COM 49338L103 37605793 240477 SH SOLE 238011 0 2466 Keysight Technologies Inc COM 49338L103 344505 2203 SH OTR 1 0 0 2203 Keysight Technologies Inc COM 49338L103 3545291 22671 SH OTR 2 22671 0 0 KKR & Co Inc COM 48251W104 47003347 467323 SH SOLE 462787 0 4536 KKR & Co Inc COM 48251W104 696315 6923 SH OTR 1 0 0 6923 Knowles Corp COM 49926D109 83179877 5166452 SH SOLE 4403693 0 762759 Knowles Corp COM 49926D109 333141 20692 SH OTR 1 0 0 20692 Korn Ferry COM 500643200 53499508 813557 SH SOLE 578292 0 235265 Korn Ferry COM 500643200 206026 3133 SH OTR 1 0 0 3133 Laboratory Corp of America Holdings COM 50540R409 114848791 525720 SH SOLE 480089 0 45631 Laboratory Corp of America Holdings COM 50540R409 294266 1347 SH OTR 1 0 0 1347 Laboratory Corp of America Holdings COM 50540R409 3824579 17507 SH OTR 2 17507 0 0 Lazard Inc COM 52110M109 260171513 6213793 SH SOLE 5369769 0 844024 Lazard Inc COM 52110M109 368791 8808 SH OTR 1 0 0 8808 Lazard Inc COM 52110M109 4021907 96057 SH OTR 2 96057 0 0 Leslie's Inc COM 527064109 158097823 24322742 SH SOLE 20998241 0 3324501 Leslie's Inc COM 527064109 319696 49184 SH OTR 1 0 0 49184 Leslie's Inc COM 527064109 3971188 610952 SH OTR 2 610952 0 0 Lindblad Expeditions Holdings Inc COM 535219109 82081533 8797592 SH SOLE 6255732 0 2541860 Lindblad Expeditions Holdings Inc COM 535219109 742855 79620 SH OTR 1 0 0 79620 Littelfuse Inc COM 537008104 83798814 345776 SH SOLE 284974 0 60802 Littelfuse Inc COM 537008104 350680 1447 SH OTR 1 0 0 1447 Lockheed Martin Corp COM 539830109 6179409 13585 SH SOLE 13585 0 0 M&T Bank Corp COM 55261F104 383816 2639 SH OTR 1 0 0 2639 Madison Square Garden Entertainment Corp COM 558256103 269695398 6878230 SH SOLE 6116571 0 761659 Madison Square Garden Entertainment Corp COM 558256103 312112 7960 SH OTR 1 0 0 7960 Madison Square Garden Entertainment Corp COM 558256103 4107404 104754 SH OTR 2 104754 0 0 Madison Square Garden Sports Corp COM 55825T103 169628313 919295 SH SOLE 803429 0 115866 Madison Square Garden Sports Corp COM 55825T103 271613 1472 SH OTR 1 0 0 1472 Madison Square Garden Sports Corp COM 55825T103 3018378 16358 SH OTR 2 16358 0 0 Manchester United Plc ORD G5784H106 71859044 5147496 SH SOLE 4471263 0 676233 Manchester United Plc ORD G5784H106 214481 15364 SH OTR 1 0 0 15364 Manchester United Plc ORD G5784H106 2008467 143873 SH OTR 2 143873 0 0 Masco Corp COM 574599106 77050457 976806 SH SOLE 858361 0 118445 Masco Corp COM 574599106 296668 3761 SH OTR 1 0 0 3761 Masco Corp COM 574599106 5205370 65991 SH OTR 2 65991 0 0 Mattel Inc COM 577081102 302260406 15257971 SH SOLE 13438937 0 1819034 Mattel Inc COM 577081102 417971 21099 SH OTR 1 0 0 21099 Mattel Inc COM 577081102 6026658 304223 SH OTR 2 304223 0 0 MGP Ingredients Inc COM 55303J106 23058724 267720 SH SOLE 192383 0 75337 Microsoft Corp COM 594918104 153895590 365791 SH SOLE 151837 6350 207604 Middleby Corp/The COM 596278101 51602978 320934 SH SOLE 228195 0 92739 Middleby Corp/The COM 596278101 303732 1889 SH OTR 1 0 0 1889 Mohawk Industries Inc COM 608190104 240642312 1838508 SH SOLE 1592793 0 245715 Mohawk Industries Inc COM 608190104 208246 1591 SH OTR 1 0 0 1591 Mohawk Industries Inc COM 608190104 4013218 30661 SH OTR 2 30661 0 0 Molson Coors Beverage Co COM 60871R209 27678284 411573 SH SOLE 407165 0 4408 Mosaic Co/The COM 61945C103 4433452 136582 SH SOLE 136582 0 0 Motorola Solutions Inc COM 620076307 329421 928 SH OTR 1 0 0 928 NetApp Inc COM 64110D104 69560470 662670 SH SOLE 287372 11237 364061 Northern Trust Corp COM 665859104 221485493 2490840 SH SOLE 2389790 0 101050 Northern Trust Corp COM 665859104 503198 5659 SH OTR 1 0 0 5659 Northern Trust Corp COM 665859104 4969739 55890 SH OTR 2 55890 0 0 Norwegian Cruise Line Holdings Ltd SHS G66721104 121601584 5809918 SH SOLE 4701446 0 1108472 Norwegian Cruise Line Holdings Ltd SHS G66721104 847644 40499 SH OTR 1 0 0 40499 NOV Inc COM 62955J103 41437407 2122818 SH SOLE 2100878 0 21940 nVent Electric PLC SHS G6700G107 100903975 1338249 SH SOLE 1179622 0 158627 nVent Electric PLC SHS G6700G107 653190 8663 SH OTR 1 0 0 8663 nVent Electric PLC SHS G6700G107 4066247 53929 SH OTR 2 53929 0 0 OneSpaWorld Holdings Ltd COM P73684113 150427124 11370153 SH SOLE 9215994 0 2154159 OneSpaWorld Holdings Ltd COM P73684113 811409 61331 SH OTR 1 0 0 61331 OneSpaWorld Holdings Ltd COM P73684113 8726865 659627 SH OTR 2 659627 0 0 Oracle Corp COM 68389X105 7726271 61510 SH SOLE 61510 0 0 Paramount Global COM 92556H206 139539506 11855523 SH SOLE 11021629 0 833894 Paramount Global COM 92556H206 81142 6894 SH OTR 1 0 0 6894 Paramount Global COM 92556H206 2204191 187272 SH OTR 2 187272 0 0 Patterson Cos Inc COM 703395103 248186 8976 SH OTR 1 0 0 8976 Philip Morris International Inc COM 718172109 38744999 422888 SH SOLE 354213 0 68675 Phinia Inc COM 71880K101 5651631 147063 SH SOLE 147063 0 0 Phinia Inc COM 71880K101 56415 1468 SH OTR 1 0 0 1468 Prestige Consumer Healthcare Inc COM 74112D101 180982345 2494244 SH SOLE 2063157 0 431087 Prestige Consumer Healthcare Inc COM 74112D101 502043 6919 SH OTR 1 0 0 6919 Prestige Consumer Healthcare Inc COM 74112D101 4341120 59828 SH OTR 2 59828 0 0 Progressive Corp/The COM 743315103 288100 1393 SH OTR 1 0 0 1393 Resideo Technologies Inc COM 76118Y104 263730675 11763188 SH SOLE 10260111 0 1503077 Resideo Technologies Inc COM 76118Y104 582696 25990 SH OTR 1 0 0 25990 Resideo Technologies Inc COM 76118Y104 5320759 237322 SH OTR 2 237322 0 0 Reynolds Consumer Products Inc COM 76171L106 203804 7136 SH OTR 1 0 0 7136 Royal Caribbean Cruises Ltd COM V7780T103 160877246 1157307 SH SOLE 1028349 0 128958 Royal Caribbean Cruises Ltd COM V7780T103 10412683 74906 SH OTR 2 74906 0 0 Sensata Technologies Holding PLC SHS G8060N102 303766 8268 SH OTR 1 0 0 8268 Simpson Manufacturing Co Inc COM 829073105 67367775 328335 SH SOLE 269211 0 59124 Simpson Manufacturing Co Inc COM 829073105 315772 1539 SH OTR 1 0 0 1539 Simpson Manufacturing Co Inc COM 829073105 1930539 9409 SH OTR 2 9409 0 0 Snap-on Inc COM 833034101 19213422 64862 SH SOLE 53386 0 11476 Snap-on Inc COM 833034101 297405 1004 SH OTR 1 0 0 1004 Snap-on Inc COM 833034101 2066727 6977 SH OTR 2 6977 0 0 Sphere Entertainment Co COM 55826T102 246365649 5019675 SH SOLE 4307872 0 711803 Sphere Entertainment Co COM 55826T102 297916 6070 SH OTR 1 0 0 6070 Sphere Entertainment Co COM 55826T102 4554379 92795 SH OTR 2 92795 0 0 Stanley Black & Decker Inc COM 854502101 56114673 573008 SH SOLE 567655 0 5353 Stericycle Inc COM 858912108 219206001 4155564 SH SOLE 3726055 0 429509 Stericycle Inc COM 858912108 252356 4784 SH OTR 1 0 0 4784 Stericycle Inc COM 858912108 3843998 72872 SH OTR 2 72872 0 0 Taiwan Semiconductor Manufacturing Co Ltd ADR 874039100 21775347 160054 SH SOLE 160054 0 0 Telefonica Brasil SA ADR 87936R205 3239892 321737 SH SOLE 321737 0 0 Teradata Corp COM 88076W103 30997563 801592 SH SOLE 326338 14231 461023 TIM SA/Brazil ADR 88706T108 414214 23336 SH SOLE 23336 0 0 Truist Financial Corp COM 89832Q109 39957190 1025069 SH SOLE 386917 19381 618771 US Bancorp COM 902973304 7165187 160295 SH SOLE 54360 2203 103732 Vail Resorts Inc COM 91879Q109 49784901 223421 SH SOLE 195054 0 28367 Vanguard FTSE Developed Markets ETF ETP 921943858 7813426 155739 SH SOLE 155739 0 0 Vanguard FTSE Emerging Markets ETF ETP 922042858 342222 8193 SH SOLE 8193 0 0 Vanguard Total World Stock ETF ETP 922042742 20495098 185476 SH SOLE 81306 4581 99589 Verizon Communications Inc COM 92343V104 74053022 1764848 SH SOLE 753995 30280 980573 Vodafone Group PLC ADR 92857W308 3350628 376475 SH SOLE 135898 0 240577 Walgreens Boots Alliance Inc COM 931427108 39909318 1839987 SH SOLE 1822477 0 17510 Western Union Co/The COM 959802109 5170950 369882 SH SOLE 369882 0 0 Zebra Technologies Corp COM 989207105 108063828 358492 SH SOLE 325962 0 32530 Zebra Technologies Corp COM 989207105 560678 1860 SH OTR 1 0 0 1860 Zebra Technologies Corp COM 989207105 5986598 19860 SH OTR 2 19860 0 0 Zimmer Biomet Holdings Inc COM 98956P102 37742981 285975 SH SOLE 283306 0 2669 Zimmer Biomet Holdings Inc COM 98956P102 374031 2834 SH OTR 1 0 0 2834 Zimvie Inc COM 98888T107 1757900 106604 SH SOLE 106604 0 0