John W. Rogers Jr. Ariel Appreciation Fund: Quarterly Portfolio Trends Analysis

As of March 31, 2026, John W. Rogers Jr.'s Ariel Appreciation Fund maintained a substantial portfolio value of approximately $8.91 billion. This comprehensive analysis highlights key quarterly trends observed in the fund's top holdings.

Among the notable changes, OnespaWorld Holdings Limited (OSW) saw a significant increase in its share count, rising by 10.14% compared to the previous quarter. Investors can explore OSW's profile at https://www.insiderset.com/investors/stocks/OSW.

Jones Lang LaSalle Inc. (JLL), a leader in real estate services, experienced a substantial 14.67% increase in its holdings. For more details on JLL, visit https://www.insiderset.com/investors/stocks/JLL.

Conversely, Madison Square Garden Entertainment (MSGE) witnessed a significant reduction, with its share count decreasing by 11.27%. Further information on MSGE is available at https://www.insiderset.com/investors/stocks/MSGE.

Affiliated Managers Group (AMG) also saw a notable decrease of 10.0% in its holdings. To learn more about AMG, please visit https://www.insiderset.com/investors/stocks/AMG.

Several other positions showed significant declines during the quarter, including Sphere Entertainment (SPHR) with a 22.29% decrease, Envista Holdings (NVST) with a 9.25% reduction, and Norwegian Cruise Line Holdings (NCLH) despite a small 2.16% increase, still ranked among the top holdings.

Other changes included Prestige Consmer Healthcare I (PBH) increasing by 4.19%, Generac Holdings (GNRC) decreasing by 9.07%, and Charles River Laboratories (CRL) increasing slightly by 1.15%.

For a complete view of John W. Rogers Jr.'s investment activities, including all holdings and filings, please visit his profile at https://www.insiderset.com/investor/john-w-rogers-ariel-investment.