HF Best Ideas
AnalysesQuarterly LettersWarren AI
All funds

Ariel Investments

Mar 2025 → Jun 2026 · Publishes quarterly · 16 funds

Our archive holds 38 letters from Ariel Investments, behind 81 investment theses and positions in 26 companies. Every quote below is copied verbatim from the letter it came from.

Get an email when this fund publishes its next letter

Ariel Investments’s own letters page
38
Letters
26
Companies
9
Moves
81
Theses

16 strategies

Ariel Investments publishes a letter per strategy. Each one has its own page — what it holds, what it bought, what it wrote.

What they bought and sold · 9 moves

  • ExitedStanley Black & Decker
    June 2026
    “Stanley Black & Decker Sold in order to redeploy capital into higher conviction opportunities.”
    Read the letter
  • ExitedThe Hackett Group, Inc.
    June 2026
    “We also exited niche IT consulting firm Hackett Group, Inc. (HCKT) to pursue other opportunities.”
    Read the letter
  • New positionHaemonetics Corporation
    June 2026
    “Also during the quarter, we initiated a position in Haemonetics Corporation (HAE), a developer and distributor of a broad portfolio of hematology products and solutions.”
    Read the letter
  • ExitednVent Electric plc
    June 2026
    “We successfully sold out of global leader in electrical protection and connection solutions, nVent Electric plc (NVT) as the name grew beyond the upper limit of Ariel Small Cap Value’s capitalization range in the quarter.”
    Read the letter
  • ExitedKennametal, Inc.
    June 2026
    “Kennametal, Inc. Sold on valuation.”
    Read the letter
  • AddedMasco Corporation
    June 2026
    “We added Masco Corporation (MAS), the world’s largest manufacturer of plumbing fixtures and a leading provider of paint in the United States.”
    Read the letter
  • ExitedADT, Inc.
    June 2026
    “ADT, Inc. Sold in order to redeploy capital into higher conviction opportunities.”
    Read the letter
  • ExitedMolson Coors Beverage Company
    June 2026
    “Molson Coors Beverage Company Sold in order to redeploy capital into higher conviction opportunities.”
    Read the letter
  • ExitedParamount Skydance Corporation
    June 2026
    “Paramount Skydance Corporation Sold as the name approached our estimate of private market value.”
    Read the letter

Companies held · 26

Every company Ariel Investments has disclosed a position in across our archive, with the letter that last mentioned it.

Theses · 81

  • Haemonetics Corporation
    June 2026

    Haemonetics Corporation provides hematology and plasma collection solutions that should benefit from demographics, rising plasma demand, and healthcare innovation.

    Read the full thesis
  • Masco Corporation
    June 2026

    Masco Corporation is a branded plumbing and paint leader with scale, strong brand equity, and margin expansion potential.

    Read the full thesis
  • Sphere Entertainment Co.
    June 2026

    Sphere Entertainment Co. is leveraging strong demand and a potential global network of venues to drive margin expansion and long-term growth.

    Read the full thesis
  • Keysight Technologies, Inc.
    March 2026

    Keysight Technologies is a leading test and measurement provider with mission-critical solutions and strong operating leverage positioned to benefit from AI-driven infrastructure and secular growth.

    Read the full thesis
  • ENGIE SA
    March 2026

    ENGIE SA is a diversified utility with increased exposure to stable regulated earnings via UKPN, plus upside from storage, deleveraging, and renewables.

    Read the full thesis
  • Eurobank SA
    March 2026

    Eurobank SA is positioned to benefit from Greece’s recovery with multi-year loan growth, wealth management focus, regional acquisitions, solid capital, and competitive ROE.

    Read the full thesis
  • Bio-Rad Laboratories Inc.
    March 2026

    Bio-Rad Laboratories Inc. is a global life sciences tools leader with rising margins, high recurring revenue, and dominant market positions supporting long-term growth.

    Read the full thesis
  • FactSet Research Systems Inc.
    March 2026

    FactSet Research Systems Inc. is an embedded financial data and analytics provider with high switching costs and recurring revenues poised to benefit from AI-driven efficiencies.

    Read the full thesis
  • Salzgitter AG
    March 2026

    Salzgitter AG is a steel producer with margin expansion potential, valuable strategic assets, and leverage to a European recovery and low‑carbon incentives, leaving core operations undervalued.

    Read the full thesis
  • Kuaishou Technology
    March 2026

    Kuaishou Technology is leveraging a large engaged user base and AI-driven ad/e-commerce tools to enhance monetization, strengthen competitive positioning, and expand margins over time.

    Read the full thesis
  • Bayer AG
    March 2026

    Bayer AG is a life sciences leader with potential upside from litigation resolution and a strengthening pharma pipeline, marking the early stages of a turnaround.

    Read the full thesis
  • Xiamen Faratronic Co., Ltd.
    March 2026

    Xiamen Faratronic Co., Ltd. is a film capacitor leader poised to benefit from electrification with scale advantages and improving margins.

    Read the full thesis

Showing the 48 most recent of 81 theses. Browse them by company to see the rest.

Letter archive · 38

2026

2025

Get Ariel Investments’s next letter the day it lands

We track Ariel Investments alongside hundreds of other managers, read every letter, and pull out what they bought and sold. Warren AI reads the whole archive for you.

View plans→
Share this fund