CAAPX Holdings — Ariel Appreciation Fund
Data updated: 2026-08-20
CAAPX holds 45 securities. The top 10 make up 31.4% of net assets, led by Charles River Laboratories International Inc.com Stk Usd0.01 (4.04%) and Madison Square Garden Entertainment Corp.com Cl A (3.40%). Consumer Discretionary (22.7%) and Financials (22.2%) are the largest sectors, and 82.9% of the portfolio is in United States. No debt holdings are reported.
Holdings cover 99.95% of net asset value (99.93% of total assets; remainder is cash and receivables). As of June 30, 2026 · N-PORT.
CAAPX Portfolio Holdings
45 holdings of Ariel Appreciation Fund by percentage of net assets, from the fund's SEC N-PORT filing as of June 30, 2026.
| Holding | Ticker | Sector | % of net assets | Value (USD) |
|---|---|---|---|---|
| Charles River Laboratories International Inc.com Stk Usd0.01 | CRL | Health Care | 4.04% | $38.83M |
| Madison Square Garden Entertainment Corp.com Cl A | MSGE | Consumer Discretionary | 3.40% | $32.69M |
| Onespaworld Holdings Ltd.com Usd0.0001 | OSW | Consumer Discretionary | 3.39% | $32.54M |
| Middleby Corp. (the) Com Usd0.01 | MIDD | Industrials | 3.35% | $32.16M |
| Jones Lang Lasalle Inc.com Usd0.01 | JLL | Real Estate | 2.91% | $27.98M |
| Madison Square Garden Sports Corp.com Usd0.01 Class A | MSGS | Consumer Discretionary | 2.91% | $27.97M |
| Norwegian Cruise Line Holdings Ltd.com Usd0.001 | NCLH | Industrials | 2.91% | $27.90M |
| Omnicom Group Inc.com Usd0.15 | OMC | Communication Services | 2.90% | $27.81M |
| First American Financial Corp.com Usd0.00001 | FAF | Financials | 2.84% | $27.27M |
| Charles Schwab Corp. (the) Com Usd0.01 | SCHW | Financials | 2.74% | $26.26M |
| Labcorp Holdings Inc.com Shs | LH | Health Care | 2.72% | $26.10M |
| Masco Corp.com Usd1.00 | MAS | Industrials | 2.72% | $26.08M |
| Slb Ltd.com Usd0.01 | SLB | Energy | 2.63% | $25.20M |
| Envista Holdings Corp.com Usd0.01 | NVST | Health Care | 2.54% | $24.36M |
| Cbre Group Inc.com Usd0.01 Class A | CBRE | Real Estate | 2.47% | $23.73M |
| Rli Corp.com Usd1.00 | RLI | Financials | 2.45% | $23.49M |
| Manchester United Plc.com Usd0.0005 Cl 'a' | MANU | Consumer Discretionary | 2.35% | $22.57M |
| Axalta Coating Systems Ltd.com Usd1.00 | AXTA | Materials | 2.34% | $22.43M |
| Bio-Rad Laboratories, Inc. Class'a'com Usd0.0001 | BIO | Health Care | 2.33% | $22.40M |
| Nvent Electric Plc.com Usd0.01 | NVT | Industrials | 2.29% | $21.94M |
| Generac Holdings Inc.com Usd0.01 | GNRC | Industrials | 2.27% | $21.76M |
| Bok Financial Corp.com Usd0.00006 | BOKF | Financials | 2.26% | $21.70M |
| Sphere Entertainment Company Cl A | SPHR | Consumer Discretionary | 2.22% | $21.30M |
| Knowles Corp.com Usd1.0 | KN | Consumer Discretionary | 2.21% | $21.19M |
| Keysight Technologies Inc.com Usd0.01 Wd | KEYS | Information Technology | 2.19% | $21.01M |
| Kkr & Co. Inc.com Usd0.01 | KKR | Financials | 2.17% | $20.86M |
| J.m. Smucker Company (the) Com Npv | SJM | Consumer Staples | 2.13% | $20.43M |
| Northern Trust Corp.com Usd1.666 | NTRS | Financials | 2.12% | $20.37M |
| Gentex Corp.com Usd0.06 | GNTX | Consumer Discretionary | 2.03% | $19.45M |
| Prestige Consumer Healthcare Inc.com Usd0.01 | PBH | Health Care | 2.00% | $19.17M |
| Mattel Inc.com Usd1.00 | MAT | Consumer Discretionary | 1.91% | $18.30M |
| Carlyle Group, Inc. (the) Com | CG | Financials | 1.91% | $18.29M |
| Houlihan Lokey Inc.com Usd0.001 A | HLI | Financials | 1.83% | $17.61M |
| Core Laboratories Inc.com | CLB | Energy | 1.74% | $16.66M |
| Aflac Inc.com Usd0.10 | AFL | Financials | 1.56% | $15.02M |
| Northern Institutional Funds Treas Prt Prmr | NTPXX | Funds & ETFs | 1.55% | $14.83M |
| Haemonetics Corp.com Usd0.01 | HAE | Health Care | 1.53% | $14.69M |
| Lazard Inc.com | LAZ | Financials | 1.53% | $14.65M |
| Factset Research Systems Inc.com Usd0.01 | FDS | Information Technology | 1.51% | $14.50M |
| Littelfuse Inc.com Usd0.01 | LFUS | Industrials | 1.42% | $13.66M |
| Resideo Technologies Inc.com Usd0.001 | REZI | Industrials | 1.38% | $13.23M |
| Fiserv Inc.com Usd0.01 | FISV | Industrials | 1.27% | $12.17M |
| Royal Caribbean Cruises Ltd.com Usd0.01 | RCL | Consumer Discretionary | 1.20% | $11.51M |
| Carmax Inc.com Usd0.50 | KMX | Consumer Discretionary | 1.03% | $9.89M |
| Progressive Corp. (the) Com Usd1.00 | PGR | Financials | 0.79% | $7.55M |
CAAPX Sector Allocation
Ariel Appreciation Fund holdings grouped by sector, by share of the portfolio's market value.
| Sector | Weight | Holdings |
|---|---|---|
| Consumer Discretionary | 22.7% | 10 |
| Financials | 22.2% | 11 |
| Industrials | 17.6% | 8 |
| Health Care | 15.2% | 6 |
| Real Estate | 5.4% | 2 |
| Energy | 4.4% | 2 |
| Information Technology | 3.7% | 2 |
| Communication Services | 2.9% | 1 |
| Materials | 2.3% | 1 |
| Consumer Staples | 2.1% | 1 |
| Funds & ETFs | 1.5% | 1 |
CAAPX Country Allocation
Where Ariel Appreciation Fund's holdings are domiciled, by percentage of net assets (largest 7).
| Country | % of net assets |
|---|---|
| United States | 82.9% |
| Bermuda | 5.2% |
| Bahamas | 3.4% |
| Curaçao | 2.6% |
| Cayman Islands | 2.4% |
| Ireland | 2.3% |
| Liberia | 1.2% |
CAAPX Portfolio Allocation
Asset-class allocation of Ariel Appreciation Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.4% |
| Cash & Equivalents | 1.5% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.