← All Managers

John Rogers

Ariel Investments

Ariel Fund manager

$9.26B

Portfolio Value

108

Holdings

Q4 '25

Period

2026-02-13

Filed

📈

Simulated 13F Return

⚠️ Approximation

Total Return

+20.62%

Q1 '25 → Q4 '25

Annualized

+28.27%/yr

S&P: +26.24%/yr

Alpha (vs S&P)

+1.44%

3 quarters tracked

1-Year Return

—

⚠️ Approximation only. 13F filings are delayed ~45 days. Options, shorts, and intra-quarter trades not captured.

📈 Recent Activity

Changes from previous quarter

MSGEREDUCED
4.0% of portfolio
-11% shares+0.3pp
MGREREDUCED
3.7% of portfolio
-6% shares+0.5pp
NCLHINCREASED
3.5% of portfolio
+19% shares+0.3pp
SPHRREDUCED
3.3% of portfolio
-47% shares-0.7pp
JLLREDUCED
3.2% of portfolio
-6% shares+0.2pp
OSWINCREASED
3.1% of portfolio
+6% shares+0.2pp
CRLREDUCED
3.1% of portfolio
-4% shares+0.6pp
NVSTREDUCED
2.8% of portfolio
-0% shares+0.2pp
LAZINCREASED
2.8% of portfolio
+1% shares-0.2pp
PBHINCREASED
2.7% of portfolio
+14% shares+0.3pp
MATREDUCED
2.7% of portfolio
-9% shares+0.2pp
FAFINCREASED
2.6% of portfolio
+5% shares+0.0pp
CGREDUCED
2.5% of portfolio
-7% shares-0.3pp
MIDDINCREASED
2.5% of portfolio
+22% shares+0.7pp
BIOREDUCED
2.5% of portfolio
-6% shares+0.1pp
CLBREDUCED
2.4% of portfolio
-1% shares+0.5pp
REZIREDUCED
2.3% of portfolio
-9% shares-0.8pp
BOKFREDUCED
2.2% of portfolio
-2% shares+0.1pp
BYDREDUCED
2.2% of portfolio
-10% shares-0.3pp
ATGEINCREASED
2.1% of portfolio
+47% shares-0.0pp
GNRCREDUCED
2.1% of portfolio
-3% shares-0.5pp
MHKINCREASED
2.0% of portfolio
+1% shares-0.3pp
MSGSREDUCED
2.0% of portfolio
-1% shares+0.3pp
GNTXINCREASED
2.0% of portfolio
+9% shares-0.2pp
ADTREDUCED
1.9% of portfolio
-2% shares-0.2pp
NTRSOREDUCED
1.8% of portfolio
-3% shares
SJMINCREASED
1.7% of portfolio
+4% shares-0.1pp
AXTAINCREASED
1.7% of portfolio
+16% shares+0.4pp
MANUINCREASED
1.5% of portfolio
+1% shares+0.1pp
BCOREDUCED
1.3% of portfolio
-16% shares-0.2pp
ZBRAINCREASED
1.2% of portfolio
+86% shares+0.4pp
AQNREDUCED
1.1% of portfolio
-3% shares+0.1pp
LHREDUCED
1.0% of portfolio
-1% shares-0.1pp
OMCNEW
0.9% of portfolio
New position
CHKPREDUCED
0.9% of portfolio
-5% shares-0.1pp
KNREDUCED
0.9% of portfolio
-3% shares-0.1pp
MSFTREDUCED
0.9% of portfolio
-11% shares-0.2pp
LINDREDUCED
0.8% of portfolio
-7% shares+0.0pp
KMTREDUCED
0.7% of portfolio
-37% shares-0.1pp
FSLRREDUCED
0.7% of portfolio
-23% shares-0.1pp
CVSREDUCED
0.7% of portfolio
-17% shares-0.1pp
DISINCREASED
0.7% of portfolio
+12% shares+0.1pp
NVTREDUCED
0.7% of portfolio
-29% shares-0.2pp
XRAYNEW
0.7% of portfolio
New position
INTCREDUCED
0.6% of portfolio
+58% shares+0.3pp
LFUSREDUCED
0.6% of portfolio
-2% shares-0.0pp
JHGREDUCED
0.6% of portfolio
-43% shares-0.4pp
KEYSREDUCED
0.6% of portfolio
-2% shares+0.1pp
GCMGINCREASED
0.6% of portfolio
+1% shares-0.0pp
WEXREDUCED
0.5% of portfolio
-1% shares-0.0pp
SLBREDUCED
0.5% of portfolio
-1% shares+0.1pp
BMYNEW
0.4% of portfolio
New position
COFREDUCED
0.4% of portfolio
-21% shares-0.0pp
CNPINCREASED
0.4% of portfolio
-3% shares-0.0pp
WBS-PGNEW
0.4% of portfolio
New position
FDSNEW
0.4% of portfolio
New position
MTBREDUCED
0.4% of portfolio
-6% shares-0.0pp
PSKYREDUCED
0.4% of portfolio
-14% shares-0.2pp
NTAPREDUCED
0.4% of portfolio
-6% shares-0.1pp
SCHWREDUCED
0.4% of portfolio
-1% shares+0.0pp
CBREREDUCED
0.4% of portfolio
-8% shares-0.0pp
KKRINCREASED
0.4% of portfolio
+4% shares
HPE-PCNEW
0.3% of portfolio
New position
SWKREDUCED
0.3% of portfolio
-1% shares
KFYREDUCED
0.3% of portfolio
-2% shares-0.0pp
TNEW
0.3% of portfolio
New position
BACREDUCED
0.3% of portfolio
-4% shares
MASINCREASED
0.3% of portfolio
+2% shares-0.0pp
GILDREDUCED
0.3% of portfolio
-6% shares+0.0pp
TAP-AINCREASED
0.3% of portfolio
+13% shares+0.0pp
RLINEW
0.3% of portfolio
New position
AFLREDUCED
0.3% of portfolio
-2% shares
KMXREDUCED
0.2% of portfolio
-1% shares-0.0pp
FISVINCREASED
0.2% of portfolio
+27% shares-0.1pp
HUMREDUCED
0.2% of portfolio
-6% shares-0.0pp
FDXREDUCED
0.2% of portfolio
-6% shares+0.0pp
MGPIREDUCED
0.2% of portfolio
-3% shares
MTNREDUCED
0.2% of portfolio
-3% shares-0.0pp
SSDREDUCED
0.2% of portfolio
-2% shares
SNAREDUCED
0.1% of portfolio
-0% shares
BREDUCED
0.1% of portfolio
-12% shares+0.0pp
JNJREDUCED
0.1% of portfolio
-17% shares
PHINREDUCED
0.1% of portfolio
-0% shares
HCKTREDUCED
0.1% of portfolio
-2% shares
APAREDUCED
0.1% of portfolio
-1% shares
LMTREDUCED
0.1% of portfolio
-1% shares
IWNREDUCED
0.1% of portfolio
-26% shares-0.0pp
LESLREDUCED
0.1% of portfolio
-4% shares-0.1pp
AJGINCREASED
<0.1% of portfolio
+13% shares
MOSREDUCED
<0.1% of portfolio
-1% shares-0.0pp
ORCLREDUCED
<0.1% of portfolio
-0% shares-0.0pp
TSMREDUCED
<0.1% of portfolio
-10% shares
GSREDUCED
<0.1% of portfolio
-0% shares
BAPINCREASED
<0.1% of portfolio
+9% shares
VEAREDUCED
<0.1% of portfolio
-57% shares-0.0pp
IFSINCREASED
<0.1% of portfolio
+8% shares
CPANEW
<0.1% of portfolio
New position
KSPIINCREASED
<0.1% of portfolio
+7% shares
HDBREDUCED
<0.1% of portfolio
+42% shares
FICOREDUCED
<0.1% of portfolio
-1% shares
ZBHREDUCED
<0.1% of portfolio
-99% shares-0.4pp
MSIREDUCED
<0.1% of portfolio
-1% shares
PGRREDUCED
<0.1% of portfolio
-1% shares
BRCREDUCED
<0.1% of portfolio
-18% shares
IWDNEW
<0.1% of portfolio
New position
APTVSOLD
was 1.1%
Sold out position
Filing price: $86.22
IPGSOLD
was 1.0%
Sold out position
Filing price: $27.91
VZSOLD
was 0.5%
Sold out position
Filing price: $43.95
WAL-PASOLD
was 0.2%
Sold out position
Filing price: $86.72
DHISOLD
was 0.2%
Sold out position
Filing price: $169.47
ALL-PJSOLD
was 0.2%
Sold out position
Filing price: $214.65
VXUSSOLD
was 0.1%
Sold out position
Filing price: $73.46
VTSOLD
was <0.1%
Sold out position
Filing price: $137.80
INFYSOLD
was <0.1%
Sold out position
Filing price: $16.27

Sold Out (9)

SOLDAPTVAPTIV PLCwas 1.06%@$86.22
SOLDDHID R HORTON INCwas 0.23%@$169.47
SOLDVZVERIZON COMMUNICATIONS INCwas 0.55%@$43.95
SOLDWAL-PAWESTERN ALLIANCE BANCORPwas 0.24%@$86.72
SOLDINFYINFOSYS LTDwas 0.00%@$16.27
SOLDIPGINTERPUBLIC GROUP COS INCwas 0.95%@$27.91
SOLDVXUSVANGUARD STAR FDSwas 0.06%@$73.46
SOLDVTVANGUARD INTL EQUITY INDEX Fwas 0.04%@$137.80
SOLDALL-PJALLSTATE CORPwas 0.16%@$214.65

📊 Sector Breakdown

Portfolio allocation by sector

Unknown 83.3%Financials 4.0%Consumer Discretionary 3.5%Healthcare 2.7%Technology 2.1%+6 more (4.4%)

💼 Holdings

🔍

108 of 108 positions · $9.26B

This quarter: 10 new positions, increased 24, reduced 71, sold 9. Net seller.

MSGEREDUCED
4.0%
4.0% of portfolio (was 3.7%, trimmed)
Filed ~$54
—📄
MGREREDUCED
3.7%
3.7% of portfolio (was 3.2%, trimmed)
Filed ~$288
—📄
NCLHINCREASED
3.5%
3.5% of portfolio (was 3.2%, added)
Filed ~$22
—📄
SPHRREDUCED
3.3%
3.3% of portfolio (was 4.0%, trimmed)
Filed ~$95
—📄
JLLREDUCED
3.2%
3.2% of portfolio (was 3.0%, trimmed)
Filed ~$336
—📄
OSWINCREASED
3.1%
3.1% of portfolio (was 3.0%, added)
Filed ~$21
—📄
CRLREDUCED
3.1%
3.1% of portfolio (was 2.5%, trimmed)
Filed ~$199
—📄
NVSTREDUCED
2.8%
2.8% of portfolio (was 2.6%, trimmed)
Filed ~$22
—📄
LAZINCREASED
2.8%
2.8% of portfolio (was 3.0%, added)
Filed ~$49
—📄
PBHINCREASED
2.7%
2.7% of portfolio (was 2.4%, added)
Filed ~$62
—📄
MATREDUCED
2.7%
2.7% of portfolio (was 2.5%, trimmed)
Filed ~$20
—📄
FAFINCREASED
2.6%
2.6% of portfolio (was 2.6%, added)
Filed ~$61
—📄
CGREDUCED
2.5%
2.5% of portfolio (was 2.8%, trimmed)
Filed ~$59
—📄
MIDDINCREASED
2.5%
2.5% of portfolio (was 1.8%, added)
Filed ~$149
—📄
BIOREDUCED
2.5%
2.5% of portfolio (was 2.4%, trimmed)
Filed ~$303
—📄
CLBREDUCED
2.4%
2.4% of portfolio (was 1.8%, trimmed)
Filed ~$16
—📄
REZIREDUCED
2.3%
2.3% of portfolio (was 3.1%, trimmed)
Filed ~$35
—📄
BOKFREDUCED
2.2%
2.2% of portfolio (was 2.0%, trimmed)
Filed ~$118
—📄
BYDREDUCED
2.2%
2.2% of portfolio (was 2.4%, trimmed)
Filed ~$85
—📄
ATGEINCREASED
2.1%
2.1% of portfolio (was 2.1%, added)
Filed ~$103
—📄
GNRCREDUCED
2.1%
2.1% of portfolio (was 2.6%, trimmed)
Filed ~$136
—📄
MHKINCREASED
2.0%
2.0% of portfolio (was 2.3%, added)
Filed ~$109
—📄
MSGSREDUCED
2.0%
2.0% of portfolio (was 1.8%, trimmed)
Filed ~$259
—📄
GNTXINCREASED
2.0%
2.0% of portfolio (was 2.2%, added)
Filed ~$23
—📄
ADTREDUCED
1.9%
1.9% of portfolio (was 2.1%, trimmed)
Filed ~$8
—📄
NTRSOREDUCED
1.8%
1.8% of portfolio (was 1.8%, trimmed)
Filed ~$137
—📄
SJMINCREASED
1.7%
1.7% of portfolio (was 1.8%, added)
Filed ~$98
—📄
AXTAINCREASED
1.7%
1.7% of portfolio (was 1.3%, added)
Filed ~$32
—📄
MANUINCREASED
1.5%
1.5% of portfolio (was 1.4%, added)
Filed ~$16
—📄
BCOREDUCED
1.3%
1.3% of portfolio (was 1.5%, trimmed)
Filed ~$117
—📄
ZBRAINCREASED
1.2%
1.2% of portfolio (was 0.8%, added)
Filed ~$243
—📄
AQNREDUCED
1.1%
1.1% of portfolio (was 0.9%, trimmed)
Filed ~$6
—📄
LHREDUCED
1.0%
1.0% of portfolio (was 1.1%, trimmed)
Filed ~$251
—📄
OMCNEW
0.9%
0.9% of portfolio (new position)
Filed ~$81
—📄
CHKPREDUCED
0.9%
0.9% of portfolio (was 1.1%, trimmed)
Filed ~$186
—📄
KNREDUCED
0.9%
0.9% of portfolio (was 1.0%, trimmed)
Filed ~$21
—📄
MSFTREDUCED
0.9%
0.9% of portfolio (was 1.1%, trimmed)
Filed ~$484
—📄
LINDREDUCED
0.8%
0.8% of portfolio (was 0.8%, trimmed)
Filed ~$14
—📄
KMTREDUCED
0.7%
0.7% of portfolio (was 0.8%, trimmed)
Filed ~$28
—📄
FSLRREDUCED
0.7%
0.7% of portfolio (was 0.8%, trimmed)
Filed ~$261
—📄
CVSREDUCED
0.7%
0.7% of portfolio (was 0.8%, trimmed)
Filed ~$79
—📄
DISINCREASED
0.7%
0.7% of portfolio (was 0.6%, added)
Filed ~$114
—📄
NVTREDUCED
0.7%
0.7% of portfolio (was 0.9%, trimmed)
Filed ~$102
—📄
XRAYNEW
0.7%
0.7% of portfolio (new position)
Filed ~$11
—📄
INTCREDUCED
0.6%
0.6% of portfolio (was 0.3%, trimmed)
Filed ~$37
—📄
LFUSREDUCED
0.6%
0.6% of portfolio (was 0.6%, trimmed)
Filed ~$253
—📄
JHGREDUCED
0.6%
0.6% of portfolio (was 1.0%, trimmed)
Filed ~$48
—📄
KEYSREDUCED
0.6%
0.6% of portfolio (was 0.5%, trimmed)
Filed ~$203
—📄
GCMGINCREASED
0.6%
0.6% of portfolio (was 0.6%, added)
Filed ~$11
—📄
WEXREDUCED
0.5%
0.5% of portfolio (was 0.6%, trimmed)
Filed ~$149
—📄
SLBREDUCED
0.5%
0.5% of portfolio (was 0.5%, trimmed)
Filed ~$38
—📄
BMYNEW
0.4%
0.4% of portfolio (new position)
Filed ~$54
—📄
COFREDUCED
0.4%
0.4% of portfolio (was 0.5%, trimmed)
Filed ~$242
—📄
CNPINCREASED
0.4%
0.4% of portfolio (was 0.4%, added)
Filed ~$38
—📄
WBS-PGNEW
0.4%
0.4% of portfolio (new position)
Filed ~$63
—📄
FDSNEW
0.4%
0.4% of portfolio (new position)
Filed ~$290
—📄
MTBREDUCED
0.4%
0.4% of portfolio (was 0.4%, trimmed)
Filed ~$201
—📄
PSKYREDUCED
0.4%
0.4% of portfolio (was 0.6%, trimmed)
Filed ~$13
—📄
NTAPREDUCED
0.4%
0.4% of portfolio (was 0.4%, trimmed)
Filed ~$107
—📄
SCHWREDUCED
0.4%
0.4% of portfolio (was 0.4%, trimmed)
Filed ~$100
—📄
CBREREDUCED
0.4%
0.4% of portfolio (was 0.4%, trimmed)
Filed ~$161
—📄
KKRINCREASED
0.4%
0.4% of portfolio (was 0.4%, added)
Filed ~$127
—📄
HPE-PCNEW
0.3%
0.3% of portfolio (new position)
Filed ~$24
—📄
SWKREDUCED
0.3%
0.3% of portfolio (was 0.3%, trimmed)
Filed ~$74
—📄
KFYREDUCED
0.3%
0.3% of portfolio (was 0.4%, trimmed)
Filed ~$66
—📄
TNEW
0.3%
0.3% of portfolio (new position)
Filed ~$25
—📄
BACREDUCED
0.3%
0.3% of portfolio (was 0.3%, trimmed)
Filed ~$55
—📄
MASINCREASED
0.3%
0.3% of portfolio (was 0.3%, added)
Filed ~$63
—📄
GILDREDUCED
0.3%
0.3% of portfolio (was 0.3%, trimmed)
Filed ~$123
—📄
TAP-AINCREASED
0.3%
0.3% of portfolio (was 0.2%, added)
Filed ~$47
—📄
RLINEW
0.3%
0.3% of portfolio (new position)
Filed ~$64
—📄
AFLREDUCED
0.3%
0.3% of portfolio (was 0.3%, trimmed)
Filed ~$110
—📄
KMXREDUCED
0.2%
0.2% of portfolio (was 0.3%, trimmed)
Filed ~$39
—📄
FISVINCREASED
0.2%
0.2% of portfolio (was 0.3%, added)
Filed ~$67
—📄
HUMREDUCED
0.2%
0.2% of portfolio (was 0.2%, trimmed)
Filed ~$256
—📄
FDXREDUCED
0.2%
0.2% of portfolio (was 0.2%, trimmed)
Filed ~$289
—📄
MGPIREDUCED
0.2%
0.2% of portfolio (was 0.2%, trimmed)
Filed ~$24
—📄
MTNREDUCED
0.2%
0.2% of portfolio (was 0.2%, trimmed)
Filed ~$133
—📄
SSDREDUCED
0.2%
0.2% of portfolio (was 0.2%, trimmed)
Filed ~$161
—📄
SNAREDUCED
0.1%
0.1% of portfolio (was 0.1%, trimmed)
Filed ~$345
—📄
BREDUCED
0.1%
0.1% of portfolio (was 0.1%, trimmed)
Filed ~$44
—📄
JNJREDUCED
0.1%
0.1% of portfolio (was 0.1%, trimmed)
Filed ~$207
—📄
PHINREDUCED
0.1%
0.1% of portfolio (was 0.1%, trimmed)
Filed ~$63
—📄
HCKTREDUCED
0.1%
0.1% of portfolio (was 0.1%, trimmed)
Filed ~$20
—📄
APAREDUCED
0.1%
0.1% of portfolio (was 0.1%, trimmed)
Filed ~$24
—📄
LMTREDUCED
0.1%
0.1% of portfolio (was 0.1%, trimmed)
Filed ~$484
—📄
CVX
0.1%
0.1% of portfolio
Filed ~$152
—📄
IWNREDUCED
0.1%
0.1% of portfolio (was 0.1%, trimmed)
Filed ~$181
—📄
LESLREDUCED
0.1%
0.1% of portfolio (was 0.2%, trimmed)
Filed ~$2
—📄
KB
<0.1%
<0.1% of portfolio
Filed ~$86
—📄
AJGINCREASED
<0.1%
<0.1% of portfolio (was <0.1%, added)
Filed ~$259
—📄
MOSREDUCED
<0.1%
<0.1% of portfolio (was 0.1%, trimmed)
Filed ~$24
—📄
ORCLREDUCED
<0.1%
<0.1% of portfolio (was <0.1%, trimmed)
Filed ~$195
—📄
TSMREDUCED
<0.1%
<0.1% of portfolio (was <0.1%, trimmed)
Filed ~$304
—📄
BWA
<0.1%
<0.1% of portfolio
Filed ~$45
—📄
GSREDUCED
<0.1%
<0.1% of portfolio (was <0.1%, trimmed)
Filed ~$879
—📄
BAPINCREASED
<0.1%
<0.1% of portfolio (was <0.1%, added)
Filed ~$287
—📄
VEAREDUCED
<0.1%
<0.1% of portfolio (was <0.1%, trimmed)
Filed ~$62
—📄
IFSINCREASED
<0.1%
<0.1% of portfolio (was <0.1%, added)
Filed ~$42
—📄
CPANEW
<0.1%
<0.1% of portfolio (new position)
Filed ~$121
—📄
KSPIINCREASED
<0.1%
<0.1% of portfolio (was <0.1%, added)
Filed ~$78
—📄
HDBREDUCED
<0.1%
<0.1% of portfolio (was <0.1%, trimmed)
Filed ~$37
—📄
FICOREDUCED
<0.1%
<0.1% of portfolio (was <0.1%, trimmed)
Filed ~$1691
—📄
ZBHREDUCED
<0.1%
<0.1% of portfolio (was 0.4%, trimmed)
Filed ~$90
—📄
MSIREDUCED
<0.1%
<0.1% of portfolio (was <0.1%, trimmed)
Filed ~$383
—📄
PGRREDUCED
<0.1%
<0.1% of portfolio (was <0.1%, trimmed)
Filed ~$228
—📄
BRCREDUCED
<0.1%
<0.1% of portfolio (was <0.1%, trimmed)
Filed ~$78
—📄
IWDNEW
<0.1%
<0.1% of portfolio (new position)
Filed ~$210
—📄

🚫 Sold Out (9 positions)

SOLDAPTVAPTIV PLCwas 1.06%@$86.221150265 shares · $99.2M
SOLDDHID R HORTON INCwas 0.23%@$169.47128669 shares · $21.8M
SOLDVZVERIZON COMMUNICATIONS INCwas 0.55%@$43.951166712 shares · $51.3M
SOLDWAL-PAWESTERN ALLIANCE BANCORPwas 0.24%@$86.72258384 shares · $22.4M
SOLDINFYINFOSYS LTDwas 0.00%@$16.2711637 shares · $189K
SOLDIPGINTERPUBLIC GROUP COS INCwas 0.95%@$27.913190462 shares · $89.0M
SOLDVXUSVANGUARD STAR FDSwas 0.06%@$73.4670469 shares · $5.2M
SOLDVTVANGUARD INTL EQUITY INDEX Fwas 0.04%@$137.8027685 shares · $3.8M
SOLDALL-PJALLSTATE CORPwas 0.16%@$214.6569734 shares · $15.0M