N-PORT filing recap · March 2026

What did Ariel Fund buy in March 2026?

Reported stock-position changes between this filing and the previous one. These are Ariel Fund's own holdings, not the firm's.

Stock value

$2.51B

Positions

Estimated turnover

16.9%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

Period in review

Ariel Fund opened a new position in Scotts Miracle-Gro and exited Janus Henderson Group entirely. The fund trimmed Madison Square Garden Entertainment, Envista Holdings, Sphere Entertainment, Affiliated Managers Group, Core Laboratories, Northern Trust, and First American Financial, while substantially reducing Axalta Coating Systems. It added to Zebra Technologies substantially, and increased Lazard, J. M. Smucker, Mattel, Norwegian Cruise Line, Dentsply Sirona, Onespaworld, and Gentex.

New positions

SMGScotts Miracle-Gro Co$54.06Mreported value+889.1K shares

Increased positions

BIOBio-Rad Laboratories, Inc.$92.85Mreported value+25.8K shares+8.4%LAZLazard, Inc.$92.16Mreported value+377.8K shares+21.1%SJMThe J. M. Smucker Company$91.92Mreported value+219.7K shares+29.9%CRLCharles River Laboratories International, Inc.$90.34Mreported value+32.0K shares

Reduced positions

MSGEMadison Square Garden Entertainment Corp.$140.06Mreported value-339.8K shares-12.5%NVSTEnvista Holdings Corporation$110.21Mreported value-740.3K shares-14.6%CVSAAdtalem Global Education Inc$98.56Mreported value-46.2K shares-5.1%SPHRSphere Entertainment Co.$96.48Mreported value

Exited positions

JHGJanus Henderson Group Plc$34.41Mprior reported value-723.4K shares-100.0%