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AnalysesQuarterly Letters✦Warren AI
AnalysesQuarterly Letters✦Warren AI
Ariel Investments

Ariel Small Cap Value Concentrated

Small-cap Value

Mar 2025 → Mar 2026

Our archive holds 3 letters from this strategy, behind 1 investment thesis and positions in 1 company. Every quote below is copied verbatim from the letter it came from.

3 letters in 2 years — follow all of Ariel Investments for every strategy.

Its investment theses

  • Adtalem Global Education, Inc.Dec 2025Adtalem Global Education, Inc. has strong brands, free cash flow, and leadership in healthcare education that position it to benefit from the healthcare labor shortage despite regulatory uncertainty.

Every letter

2026

  • March 2026

2025

  • December 2025
  • March 2025

Other Ariel Investments strategies

  • Ariel Global6
  • Ariel International4
  • Ariel Emerging Markets Value3
  • Ariel Focus Fund3
  • Ariel Mid Cap Value3
  • Ariel Appreciation Fund2
  • Ariel Emerging Markets Value ex-China2
  • Ariel Focused Value2
  • Ariel Investments Small Cap Value Strategy2
  • Ariel Small Mid Cap Value2
  • Ariel Fund1
  • Ariel International Developed Markets1
  • Ariel International DM1
  • Ariel International DM EM1
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