ARIEL INVESTMENTS, LLC Q2 2020 Filing

Filed August 14, 2020

Portfolio Value

$6.6B

Holdings

147

Report Date

Q2 2020

Filing Type

13F-HR

All Holdings (147 positions)

#	Stock	Shares	Value	% Portfolio
101	ICEIntercontinentalExchange, Inc.	69,779	$6.4B	97.35%
102	DFSEURDiscover Financial Services	126,453	$6.3B	96.47%
103	MOSMosaic Co.	398,008	$5.0B	75.83%
104	IWNiShares Russell 2000V ETF	50,654	$4.9B	75.19%
105	MATWMatthews Intl Corp.	255,756	$4.9B	74.40%
106	HNGRUSDHanger, Inc.	292,894	$4.8B	73.87%
107	—RealNetworks, Inc.	3,471,438	$4.5B	68.73%
108	—Ballantyne Strong, Inc.	2,649,581	$4.3B	66.18%
109	LAKELakeland Industries, Inc.	189,302	$4.2B	64.67%
110	GAIAGaia, Inc.	499,744	$4.2B	63.78%
111	—180 Degree Capital Corp.	2,274,863	$4.0B	60.28%
112	CSCOCisco Systems, Inc.	83,690	$3.9B	59.44%
113	9990302DApache Corp.	286,010	$3.9B	58.80%
114	—Mitcham Industries, Inc.	2,410,769	$3.9B	58.74%
115	BKBank of New York Mellon Corp.	98,536	$3.8B	58.00%
116	GRBKGreen Brick Partners Inc.	319,716	$3.8B	57.71%
117	TRCTejon Ranch Co.	257,799	$3.7B	56.54%
118	QCOMQUALCOMM Inc.	40,355	$3.7B	56.06%
119	CNTCentury Casinos, Inc.	868,087	$3.6B	54.88%
120	XOMExxon Mobil Corp.	72,398	$3.2B	49.32%
121	PRCPGBPPerceptron, Inc.	926,360	$3.1B	46.70%
122	GSITGSI Technology Inc.	368,150	$2.6B	40.25%
123	CPIXCumberland Pharmaceuticals, Inc.	782,441	$2.6B	39.69%
124	—Jernigan Capital, Inc.	172,596	$2.4B	35.96%
125	EMKREUREMCORE Corporation	738,801	$2.3B	35.78%
126	SFESSafeguard Scientifics Inc.	334,212	$2.3B	35.62%
127	ALOTAstroNova, Inc.	282,971	$2.3B	34.30%
128	PCYOPure Cycle Corp.	240,847	$2.2B	33.70%
129	CSWCCapital Southwest Corp.	156,153	$2.1B	32.06%
130	STRTStrattec Security Corp.	127,836	$2.0B	31.04%
131	—ZAGG Inc	587,007	$1.8B	28.07%
132	NVSNNovartis AG ADR	20,344	$1.8B	27.06%
133	IDIInterDigital Inc.	31,236	$1.8B	26.94%
134	ENZBEnzo Biochem, Inc.	659,316	$1.5B	22.50%
135	MOVMovado Group Inc.	117,725	$1.3B	19.43%
136	—Synacor, Inc.	969,883	$1.1B	16.69%
137	OESXUSDOrion Energy Systems, Inc.	279,414	$967.0M	14.73%
138	—Rubicon Technology, Inc.	57,087	$464.0M	7.07%
139	GIFIGulf Island Fabrication, Inc.	132,838	$408.0M	6.21%
140	—PCTEL, Inc.	54,675	$365.0M	5.56%
141	NVONovo Nordisk A/S ADR	4,502	$295.0M	4.49%
142	ACWXISHARES MSCI ACWI EX US ETF	5,804	$251.0M	3.82%
143	—GlassBridge Enterprises Inc.	2,351	$212.0M	3.23%
144	CRWSCrown Crafts, Inc.	36,857	$181.0M	2.76%
145	—PICO Holdings Inc	19,581	$165.0M	2.51%
146	AXTIAXT Inc.	31,398	$149.0M	2.27%
147	RFILRF Industries Ltd	14,987	$70.0M	1.07%

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