7 Top Holdings of Ariel Investment's John Rogers
By Steven Kiel:John Rogers started Ariel Investments in 1983 with just $100,000. The firm now manages $5.5 billion and runs four mutual funds: Ariel Fund, Ariel Appreciation Fund, Ariel Focus Fund, and Ariel Discovery Fund. Rogers is the lead portfolio manager for the Ariel Fund and Ariel Appreciation Fund. Ariel Investments is the largest minority-run mutual fund firm. You might recognize Rogers from Forbes Magazine, where he is a regular contributor. You can read his columns here. Below are the combined seven top holdings from the Ariel Fund and the Ariel Appreciation Fund as of June 30: Interpublic Group (IPG): This $6.1 billion market cap advertising agency is the top holding in the Ariel Fund, constituting 4.1% of the portfolio. It also makes up 3.5% of the Ariel Appreciation Fund. He’s held the company for at least five years, adding to the position as the stock fell all the way below $4Complete Story »
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