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John Rogers - Ariel Investments – Largest Position Reductions (2026 Q1)

This report summarizes the most meaningful reductions and sell-offs made by John Rogers - Ariel Investments in 2026 Q1. The analysis highlights which positions were trimmed or exited, providing insight into how the investor adjusted risk exposure and portfolio strategy.

Symbol Shares Reported Price(USD) Action Change % Portfolio Weight Position Value Filing Period
GCMG 4,396,403 $9.8 Reduced -2.48% 0.48% $43.08M 2026 Q1
MTB 177,635 $206.72 Reduced -1.53% 0.41% $36.72M 2026 Q1
KMT 869,000 $36.13 Reduced -63.45% 0.35% $31.4M 2026 Q1
KFY 463,417 $62.95 Reduced -0.57% 0.33% $29.17M 2026 Q1
SWK 396,952 $71.06 Reduced -5.80% 0.32% $28.21M 2026 Q1
GILD 202,271 $139.37 Reduced -1.36% 0.32% $28.19M 2026 Q1
BAC 512,111 $48.75 Reduced -1.03% 0.28% $24.97M 2026 Q1
KMX 561,947 $41.58 Reduced -0.27% 0.26% $23.37M 2026 Q1
MSFT 62,192 $370.18 Reduced -63.94% 0.26% $23.02M 2026 Q1
PSKY 2,546,320 $9.02 Reduced -1.58% 0.26% $22.97M 2026 Q1
CNP 476,867 $43.16 Reduced -52.16% 0.23% $20.58M 2026 Q1
SNA 32,608 $363.22 Reduced -0.26% 0.13% $11.84M 2026 Q1
MGPI 628,860 $18.39 Reduced -0.10% 0.13% $11.56M 2026 Q1
JNJ 40,553 $244.45 Reduced -6.26% 0.11% $9.91M 2026 Q1
APA 222,147 $42.44 Reduced -25.29% 0.11% $9.43M 2026 Q1
PHIN 132,555 $68.44 Reduced -5.42% 0.10% $9.07M 2026 Q1
B 207,277 $40.79 Reduced -4.09% 0.09% $8.45M 2026 Q1
LMT 13,114 $604.39 Reduced -2.47% 0.09% $7.93M 2026 Q1
HCKT 425,568 $13.01 Reduced -0.61% 0.06% $5.54M 2026 Q1
KB 49,961 $99.74 Reduced -2.64% 0.06% $4.98M 2026 Q1
ORCL 16,367 $147.13 Reduced -0.10% 0.03% $2.41M 2026 Q1
MSI 696 $433.91 Reduced -7.81% 0.00% $302K 2026 Q1
ZBH 3,014 $90.58 Reduced -6.66% 0.00% $273.01K 2026 Q1
BRC 2,764 $81.4 Reduced -7.74% 0.00% $224.99K 2026 Q1
FICO 204 $1068.63 Reduced -7.69% 0.00% $218K 2026 Q1
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