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 |
Bio-Rad Laboratories Class A
BIO
|
+$87.2M |
| 2 |
Middleby
MIDD
|
+$82.7M |
| 3 |
J.M. Smucker
SJM
|
+$32.5M |
| 4 |
Leslie's
LESL
|
+$30.7M |
| 5 |
Western Alliance Bancorporation
WAL
|
+$28M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SRCL
Stericycle Inc
SRCL
|
+$88.7M |
| 2 |
Baidu
BIDU
|
+$63.4M |
| 3 |
CVSA
Covista Inc
CVSA
|
+$50.8M |
| 4 |
Truist Financial
TFC
|
+$38.7M |
| 5 |
Jones Lang LaSalle
JLL
|
+$38.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.95% |
| 2 | Consumer Discretionary | 19.45% |
| 3 | Industrials | 15.24% |
| 4 | Communication Services | 13.06% |
| 5 | Healthcare | 10.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
FISV
101
Fiserv Inc
FISV
$28B
| $816K | 0.01% |
4,541
-101
| -2% | -$16.7K |
|
102
Fair Isaac
FICO
$25.3B
| $499K | 0.01% |
257
-81
| -24% | -$139K |
|
103
Telefônica Brasil
VIV
$18.3B
| $478K | ﹤0.01% |
46,515
-265,065
| -85% | -$2.45M |
|
104
M&T Bank
MTB
$34.7B
| $368K | ﹤0.01% |
2,068
-585
| -22% | -$97K |
|
105
Motorola Solutions
MSI
$79.5B
| $339K | ﹤0.01% |
753
-180
| -19% | -$75K |
|
106
Sensata Technologies
ST
$6.23B
| $292K | ﹤0.01% |
8,133
-180
| -2% | -$6.7K |
|
107
Brady Corp
BRC
$4.3B
| $277K | ﹤0.01% |
3,620
-275,390
| -99% | -$19.6M |
|
108
Kaspi.kz JSC
KSPI
$20.1B
| $234K | ﹤0.01% |
2,210
| – | – |
|
109
Progressive
PGR
$127B
| $221K | ﹤0.01% |
869
-177
| -17% | -$41.2K |
|
110
Reynolds Consumer Products
REYN
$5.37B
| $218K | ﹤0.01% |
7,020
-155
| -2% | -$4.59K |
|
111
Evercore
EVR
$11.2B
| – | – |
-121,221
| Closed | -$25.3M |
|
|
112
Truist Financial
TFC
$61.6B
| – | – |
-995,605
| Closed | -$38.7M |
|
113
US Bancorp
USB
$96.7B
| – | – |
-156,220
| Closed | -$6.2M |
|
114
Vanguard FTSE Developed Markets ETF
VEA
$239B
| – | – |
-182,114
| Closed | -$9M |
|
115
Vanguard Total World Stock ETF
VT
$81.1B
| – | – |
-106,282
| Closed | -$12M |
|
116
Vanguard Total International Stock ETF
VXUS
$164B
| – | – |
-79,637
| Closed | -$4.8M |
|
117
Western Union
WU
$2.28B
| – | – |
-340,128
| Closed | -$4.16M |
|
|
PDCO
118
DELISTED
Patterson Companies, Inc.
PDCO
| – | – |
-9,025
| Closed | -$218K |
|
|
SRCL
119
DELISTED
Stericycle Inc
SRCL
| – | – |
-1,526,043
| Closed | -$88.7M |
|
Similar funds
John Rogers's Q3 2024 Portfolio in Review
As of Q3 2024, John Rogers held 119 positions worth $9.79B, up 6% from $9.24B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
John Rogers withdrew a net $424M in Q3 2024, closing 9 positions and reducing 79 holdings. Its most notable exit was Stericycle Inc, an estimated $88.7M position sold in full.
By sector, the portfolio is most concentrated in Financials at 21% of assets, up from 20% a quarter earlier, followed by Consumer Discretionary and Industrials.
Against the trend, John Rogers opened a new position in Western Alliance Bancorporation worth $31.4M.
- John Rogers's largest Q3 2024 buy was Western Alliance Bancorporation: 363,305 shares worth $31.4M.
- John Rogers added most to Bio-Rad Laboratories Class A in Q3 2024, an estimated $87.2M increase.
- John Rogers's biggest Q3 2024 reduction was Baidu, cutting an estimated $63.4M.
- John Rogers fully exited Stericycle Inc in Q3 2024, selling an estimated $88.7M.
- John Rogers's ten largest holdings make up 28% of its $9.79B portfolio in Q3 2024.
- John Rogers opened 4 new positions and closed 9 in Q3 2024.
- John Rogers's portfolio value rose 6% quarter-over-quarter to $9.79B.
Based on Ariel Investments's 13F filing for Q3 2024, filed 13 Nov 2024.