Ariel Investments
Ariel Small Mid Cap Value
Mid-cap Value
Mar 2025 → Mar 2026
Our archive holds 2 letters from this strategy and positions in 6 companies. Every quote below is copied verbatim from the letter it came from.
2 letters in 2 years · follow all of Ariel Investments for every strategy.
What it bought and sold
We did not initiate any new positions in the quarter; however, we exited asset manager, Janus Henderson Group PLC (JHG) as shares began trading above our estimate of private market value.