ARIEL INVESTMENTS, LLC Q4 2017 Filing

Filed February 14, 2018

Portfolio Value

$8.9B

Holdings

172

Report Date

Q4 2017

Filing Type

13F-HR

All Holdings (172 positions)

#	Stock	Shares	Value	% Portfolio
101	MEIMethode Electronics Inc.	363,583	$14.6M	0.16%
102	—Ballantyne Strong, Inc.	2,888,434	$13.4M	0.15%
103	—Edgewater Technology Inc.	1,952,908	$12.2M	0.14%
104	STRTStrattec Security Corp.	276,457	$12.0M	0.14%
105	TRCTejon Ranch Co.	565,739	$11.7M	0.13%
106	—SeaChange Intl, Inc.	2,930,417	$11.5M	0.13%
107	ACTGAcacia Research Corp.	2,804,686	$11.4M	0.13%
108	HMNHorace Mann Educators Corp.	252,807	$11.1M	0.13%
109	GRBKGreen Brick Partners Inc.	964,341	$10.9M	0.12%
110	ALOTAstroNova, Inc.	745,767	$10.3M	0.12%
111	—180 Degree Capital Corp	5,220,715	$10.3M	0.12%
112	EFTTechTarget, Inc.	730,560	$10.2M	0.11%
113	IEXIDEX Corp.	75,942	$10.0M	0.11%
114	ORCLOracle Corp.	211,679	$10.0M	0.11%
115	ABXBarrick Gold Corp.	690,291	$10.0M	0.11%
116	EMKREUREmcore Corporation	1,542,419	$9.9M	0.11%
117	TPRTapestry, Inc.	217,101	$9.6M	0.11%
118	—Mitcham Industries, Inc.	2,998,392	$9.5M	0.11%
119	LMTLockheed Martin Corp.	28,802	$9.2M	0.10%
120	—Synacor, Inc.	3,777,912	$8.7M	0.10%
121	MATWMatthews Intl Corp.	157,426	$8.3M	0.09%
122	HNGRUSDHanger, Inc.	491,208	$7.7M	0.09%
123	PRCPGBPPerceptron, Inc.	790,617	$7.7M	0.09%
124	XOMExxon Mobil Corp.	90,385	$7.6M	0.09%
125	CARSCars.com Inc.	256,499	$7.4M	0.08%
126	CRAICRA International, Inc.	162,498	$7.3M	0.08%
127	GIFIGulf Island Fabrication, Inc.	540,319	$7.3M	0.08%
128	MOSMosaic Co.	282,630	$7.3M	0.08%
129	JPMJPMorgan Chase & Co.	67,440	$7.2M	0.08%
130	IBMInternational Business Machines Corp.	46,946	$7.2M	0.08%
131	TSCOTractor Supply	93,836	$7.0M	0.08%
132	CPIXCumberland Pharmaceuticals, Inc.	910,076	$6.7M	0.08%
133	WOOFoot Locker, Inc.	140,193	$6.6M	0.07%
134	GLUUGlu Mobile Inc.	1,793,088	$6.5M	0.07%
135	IWNiShares Russell 2000V ETF	47,818	$6.0M	0.07%
136	MOVMovado Group Inc.	181,700	$5.9M	0.07%
137	GSGoldman Sachs Group, Inc.	22,671	$5.8M	0.07%
138	WCPCPI Aerostructures, Inc.	638,543	$5.7M	0.06%
139	NVSNNovartis AG ADR	68,028	$5.7M	0.06%
140	BKBank of New York Mellon Corp.	103,226	$5.6M	0.06%
141	—Spartan Motors Inc.	350,295	$5.5M	0.06%
142	—MB Financial, Inc.	123,296	$5.5M	0.06%
143	GGALSantander Mexico Financial Group ADR	746,773	$5.5M	0.06%
144	ASPNAspen Aerogels Inc.	1,090,898	$5.3M	0.06%
145	—Pandora Media, Inc.	1,021,135	$4.9M	0.06%
146	EXPDExpeditors Intl of Washington	75,937	$4.9M	0.06%
147	LDELandec Corp.	369,233	$4.7M	0.05%
148	GAIAGaia, Inc.	374,393	$4.6M	0.05%
149	OESXUSDOrion Energy Systems, Inc.	5,267,011	$4.6M	0.05%
150	9990302DApache Corp.	106,376	$4.5M	0.05%
151	CMECME Group Inc.	29,910	$4.4M	0.05%
152	—AutoWeb Inc.	406,783	$3.7M	0.04%
153	—Manning & Napier, Inc.	963,858	$3.5M	0.04%
154	—Digirad Corp.	1,222,819	$3.1M	0.04%
155	ACNAccenture plc	20,374	$3.1M	0.04%
156	VTVanguard Total World Stock Index Fd (ETF)	41,144	$3.1M	0.03%
157	TRIPTripAdvisor Inc	79,628	$2.7M	0.03%
158	—American Electric Technologies, Inc.	1,567,506	$2.4M	0.03%
159	AXTIAXT Inc.	246,890	$2.1M	0.02%
160	IWMiShares Russell 2000 ETF	13,700	$2.1M	0.02%
161	GHCGraham Holdings Co.	3,327	$1.9M	0.02%
162	—NTT Docomo Inc. ADR	76,950	$1.8M	0.02%
163	AYIAcuity Brands	8,984	$1.6M	0.02%
164	—Rubicon Technology, Inc.	182,827	$1.5M	0.02%
165	—Vical Inc.	637,913	$1.2M	0.01%
166	MAMasterCard Inc.	7,461	$1.1M	0.01%
167	—Dover Motorsports, Inc.	486,009	$948K	0.01%
168	—GlassBridge Enterprises Inc.	988,549	$919K	0.01%
169	SNYSanofi-Aventis	17,790	$765K	0.01%
170	PCYOPure Cycle Corp.	60,970	$509K	0.01%
171	FFIVF5 Networks, Inc.	3,152	$414K	0.00%
172	FASTFastenal Co.	5,505	$301K	0.00%

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