John Rogers Ariel Investments
John W. Rogers Jr. is the founder of Ariel Investments, one of the best-known minority-owned investment firms in the United States. Ariel is associated with patient, value-oriented investing and a long-term “slow and steady” culture. Rogers is also a prominent voice on markets, corporate leadership, and inclusive capitalism.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Leslie's
LESL
|
+$56.5M |
| 2 |
J.M. Smucker
SJM
|
+$55.1M |
| 3 |
Manchester United
MANU
|
+$43M |
| 4 |
Allstate
ALL
|
+$40M |
| 5 |
Middleby
MIDD
|
+$25.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SRCL
Stericycle Inc
SRCL
|
+$139M |
| 2 |
Resideo Technologies
REZI
|
+$50.4M |
| 3 |
Microsoft
MSFT
|
+$42.4M |
| 4 |
Brink's
BCO
|
+$42.2M |
| 5 |
DaVita
DVA
|
+$35.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.29% |
| 2 | Consumer Discretionary | 19.01% |
| 3 | Industrials | 15.87% |
| 4 | Communication Services | 13.1% |
| 5 | Healthcare | 9.39% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Western Union
WU
$2.28B
| $4.16M | 0.05% |
340,128
-29,754
| -8% | -$387K |
|
102
The Mosaic Company
MOS
$7.76B
| $3.83M | 0.04% |
132,678
-3,904
| -3% | -$118K |
|
103
Johnson & Johnson
JNJ
$651B
| $3.44M | 0.04% |
23,563
-696
| -3% | -$104K |
|
104
Telefônica Brasil
VIV
$18.3B
| $2.56M | 0.03% |
311,580
-10,157
| -3% | -$91.9K |
|
|
ZIMV
105
DELISTED
ZimVie
ZIMV
| $1.47M | 0.02% |
80,465
-26,139
| -25% | -$428K |
|
106
iShares Russell 2000 Value ETF
IWN
$14.6B
| $959K | 0.01% |
6,299
-34,741
| -85% | -$5.31M |
|
|
FISV
107
Fiserv Inc
FISV
$28B
| $692K | 0.01% |
4,642
+25
| +0.5% | +$3.78K |
|
108
Fair Isaac
FICO
$25.3B
| $503K | 0.01% |
338
-38
| -10% | -$49.1K |
|
109
M&T Bank
MTB
$34.7B
| $402K | ﹤0.01% |
2,653
+14
| +0.5% | +$2.04K |
|
110
Motorola Solutions
MSI
$79.5B
| $360K | ﹤0.01% |
933
+5
| +0.5% | +$1.8K |
|
111
Sensata Technologies
ST
$6.23B
| $311K | ﹤0.01% |
8,313
+45
| +0.5% | +$1.73K |
|
112
Kaspi.kz JSC
KSPI
$20.1B
| $285K | ﹤0.01% |
+2,210
| New | +$271K |
|
|
PDCO
113
DELISTED
Patterson Companies, Inc.
PDCO
| $218K | ﹤0.01% |
9,025
+49
| +0.5% | +$1.23K |
|
114
Progressive
PGR
$127B
| $217K | ﹤0.01% |
1,046
-347
| -25% | -$72.6K |
|
115
Reynolds Consumer Products
REYN
$5.37B
| $201K | ﹤0.01% |
7,175
+39
| +0.5% | +$1.11K |
|
116
Horace Mann Educators
HMN
$2.05B
| – | – |
-251,127
| Closed | -$9.29M |
|
117
iShares Russell Mid-Cap Value ETF
IWS
$15.9B
| – | – |
-1,880
| Closed | -$236K |
|
118
TIM SA
TIMB
$8.52B
| – | – |
-23,336
| Closed | -$414K |
|
119
Vodafone
VOD
$36.9B
| – | – |
-376,475
| Closed | -$3.35M |
|
120
Vanguard FTSE Emerging Markets ETF
VWO
$126B
| – | – |
-8,193
| Closed | -$342K |
|
Similar funds
John Rogers's Q2 2024 Portfolio in Review
As of Q2 2024, John Rogers held 120 positions worth $9.24B, down 9.1% from $10.2B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
John Rogers withdrew a net $333M in Q2 2024, closing 5 positions and reducing 70 holdings. Its most notable exit was Horace Mann Educators, an estimated $9.29M position sold in full.
By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 20% a quarter earlier, followed by Consumer Discretionary and Industrials.
Against the trend, John Rogers opened a new position in Allstate worth $38.3M.
- John Rogers's largest Q2 2024 buy was Allstate: 240,042 shares worth $38.3M.
- John Rogers added most to Leslie's in Q2 2024, an estimated $56.5M increase.
- John Rogers's biggest Q2 2024 reduction was Stericycle Inc, cutting an estimated $139M.
- John Rogers fully exited Horace Mann Educators in Q2 2024, selling an estimated $9.29M.
- John Rogers's ten largest holdings make up 25% of its $9.24B portfolio in Q2 2024.
- John Rogers opened 5 new positions and closed 5 in Q2 2024.
- John Rogers's portfolio value fell 9.1% quarter-over-quarter to $9.24B.
Based on Ariel Investments's 13F filing for Q2 2024, filed 14 Aug 2024.