John W. Rogers Jr. - Ariel Appreciation Fund Portfolio Position Sizes (Q1 2026)

As of Mar 31, 2026, the Ariel Appreciation Fund portfolio balances reported a total equity value of $8.93B across 106 publicly traded holdings. These balances reflect the most recent SEC 13F filing dated May 14, 2026, providing an updated snapshot of assets under management.

The portfolio balances highlight MADISON SQUARE GARDEN ENTMT (MSGE) as the single largest position, accounting for 4.0% of total equity value, followed by ONESPAWORLD HOLDINGS LIMITED (OSW), JONES LANG LASALLE INC (JLL), AFFILIATED MANAGERS GROUP (AMG), and others. Collectively, the top five holdings represent 18.0% of the portfolio, showing how capital is distributed among core positions and long-term investments.