Ariel Investments 13FHR Quarterly holdings report by institutional manager | SEC 14 Nov 22

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
ADT Inc	COM	00090Q103	147	19,633	SH		OTR	1	0	0	19,633
ADT Inc	COM	00090Q103	203	27,068	SH		OTR	2	0	0	27,068
ADT Inc	COM	00090Q103	4,116	549,536	SH		OTR	3	549,536	0	0
ADT Inc	COM	00090Q103	131,778	17,593,881	SH		SOLE		15,923,408	0	1,670,473
Adtalem Global Education Inc	COM	00737L103	118	3,239	SH		OTR	2	0	0	3,239
Adtalem Global Education Inc	COM	00737L103	2,209	60,594	SH		OTR	3	60,594	0	0
Adtalem Global Education Inc	COM	00737L103	153,896	4,222,118	SH		SOLE		3,818,202	0	403,916
Affiliated Managers Group Inc	COM	008252108	2,695	24,093	SH		OTR	3	24,093	0	0
Affiliated Managers Group Inc	COM	008252108	125,402	1,121,161	SH		SOLE		997,788	0	123,373
Aflac Inc	COM	001055102	510	9,083	SH		OTR	1	0	0	9,083
Aflac Inc	COM	001055102	205	3,641	SH		OTR	2	0	0	3,641
Aflac Inc	COM	001055102	51,975	924,821	SH		SOLE		917,430	0	7,391
Amdocs Ltd	COM	G02602103	51,664	650,272	SH		SOLE		326,849	6,963	316,460
APA Corp	COM	03743Q108	9,641	281,986	SH		SOLE		281,986	0	0
AstraZeneca PLC	ADR	046353108	1,209	22,048	SH		SOLE		21,701	0	347
Axalta Coating Systems Ltd	COM	G0750C108	476	22,604	SH		OTR	1	0	0	22,604
Axalta Coating Systems Ltd	COM	G0750C108	145	6,902	SH		OTR	2	0	0	6,902
Axalta Coating Systems Ltd	COM	G0750C108	2,719	129,131	SH		OTR	3	129,131	0	0
Axalta Coating Systems Ltd	COM	G0750C108	148,181	7,036,149	SH		SOLE		6,467,525	0	568,624
Baidu Inc	ADR	056752108	305,644	2,601,447	SH		SOLE		1,696,803	11,574	893,070
Banco Santander Chile	ADR	05965X109	14,398	1,027,700	SH		SOLE		567,629	3,584	456,487
Bank of America Corp	COM	060505104	1,801	59,644	SH		SOLE		59,644	0	0
Bank of New York Mellon Corp/The	COM	064058100	3,965	102,931	SH		SOLE		102,931	0	0
Barrick Gold Corp	COM	067901108	5,116	330,064	SH		SOLE		330,064	0	0
Berkshire Hathaway Inc	COM	084670702	7,100	26,588	SH		SOLE		12,864	294	13,430
Bio-Rad Laboratories Inc	COM	090572207	117	281	SH		OTR	2	0	0	281
Bio-Rad Laboratories Inc	COM	090572207	1,654	3,966	SH		OTR	3	3,966	0	0
Bio-Rad Laboratories Inc	COM	090572207	26,037	62,418	SH		SOLE		54,401	0	8,017
BOK Financial Corp	COM	05561Q201	772	8,687	SH		OTR	1	0	0	8,687
BOK Financial Corp	COM	05561Q201	3,712	41,768	SH		OTR	3	41,768	0	0
BOK Financial Corp	COM	05561Q201	265,264	2,985,187	SH		SOLE		2,715,571	0	269,616
BorgWarner Inc	COM	099724106	458	14,598	SH		OTR	1	0	0	14,598
BorgWarner Inc	COM	099724106	149	4,745	SH		OTR	2	0	0	4,745
BorgWarner Inc	COM	099724106	56,825	1,809,705	SH		SOLE		1,797,850	0	11,855
Boyd Gaming Corp	COM	103304101	3,355	70,401	SH		OTR	3	70,401	0	0
Boyd Gaming Corp	COM	103304101	166,440	3,492,965	SH		SOLE		3,074,299	0	418,666
Brady Corp	COM	104674106	99	2,380	SH		OTR	2	0	0	2,380
Brady Corp	COM	104674106	20,684	495,657	SH		SOLE		373,871	0	121,786
Brink's Co/The	COM	109696104	241	4,983	SH		OTR	2	0	0	4,983
Brink's Co/The	COM	109696104	2,483	51,264	SH		OTR	3	51,264	0	0
Brink's Co/The	COM	109696104	101,390	2,093,102	SH		SOLE		1,770,231	0	322,871
Bristol-Myers Squibb Co	COM	110122108	56,839	799,534	SH		SOLE		386,566	8,703	404,265
Cardinal Health Inc	COM	14149Y108	432	6,475	SH		OTR	1	0	0	6,475
Cardinal Health Inc	COM	14149Y108	151	2,261	SH		OTR	2	0	0	2,261
Cardinal Health Inc	COM	14149Y108	42,041	630,494	SH		SOLE		625,232	0	5,262
CarMax Inc	COM	143130102	314	4,760	SH		OTR	1	0	0	4,760
CarMax Inc	COM	143130102	79	1,190	SH		OTR	2	0	0	1,190
CarMax Inc	COM	143130102	31,528	477,551	SH		SOLE		473,689	0	3,862
CBRE Group Inc	COM	12504L109	383	5,675	SH		OTR	1	0	0	5,675
CBRE Group Inc	COM	12504L109	169	2,499	SH		OTR	2	0	0	2,499
CBRE Group Inc	COM	12504L109	2,798	41,453	SH		OTR	3	41,453	0	0
CBRE Group Inc	COM	12504L109	96,725	1,432,753	SH		SOLE		1,323,290	0	109,463
Charles River Laboratories International Inc	COM	159864107	393	1,996	SH		OTR	1	0	0	1,996
Charles River Laboratories International Inc	COM	159864107	185	940	SH		OTR	2	0	0	940
Charles River Laboratories International Inc	COM	159864107	2,947	14,974	SH		OTR	3	14,974	0	0
Charles River Laboratories International Inc	COM	159864107	124,493	632,588	SH		SOLE		584,807	0	47,781
Charles Schwab Corp/The	COM	808513105	788	10,971	SH		OTR	1	0	0	10,971
Charles Schwab Corp/The	COM	808513105	79,058	1,100,011	SH		SOLE		1,091,096	0	8,915
Check Point Software Technologies Ltd	COM	M22465104	61,911	552,677	SH		SOLE		371,836	1,893	178,948
Core Laboratories NV	COM	N22717107	294	21,784	SH		OTR	1	0	0	21,784
Core Laboratories NV	COM	N22717107	1,969	146,091	SH		OTR	3	146,091	0	0
Core Laboratories NV	COM	N22717107	129,373	9,597,440	SH		SOLE		8,983,871	0	613,569
Credicorp Ltd	COM	G2519Y108	179,717	1,463,493	SH		SOLE		873,830	8,723	580,940
Dun & Bradstreet	COM	26484T106	142	11,424	SH		OTR	2	0	0	11,424
Envista Holdings Corp	COM	29415F104	290	8,848	SH		OTR	1	0	0	8,848
Envista Holdings Corp	COM	29415F104	166	5,060	SH		OTR	2	0	0	5,060
Envista Holdings Corp	COM	29415F104	2,884	87,901	SH		OTR	3	87,901	0	0
Envista Holdings Corp	COM	29415F104	170,539	5,197,761	SH		SOLE		4,651,172	0	546,589
Equity Commonwealth	REIT	294628102	124,848	5,125,117	SH		SOLE		2,751,709	51,086	2,322,322
Evercore Inc	COM	29977A105	15,139	184,066	SH		SOLE		184,066	0	0
Fair Isaac Corp	COM	303250104	207	503	SH		OTR	2	0	0	503
First American Financial Corp	COM	31847R102	335	7,273	SH		OTR	1	0	0	7,273
First American Financial Corp	COM	31847R102	181	3,927	SH		OTR	2	0	0	3,927
First American Financial Corp	COM	31847R102	2,823	61,239	SH		OTR	3	61,239	0	0
First American Financial Corp	COM	31847R102	187,142	4,059,481	SH		SOLE		3,658,046	0	401,435
Fiserv Inc	COM	337738108	267	2,856	SH		OTR	2	0	0	2,856
GCM Grosvenor Inc	COM	36831E108	21,723	2,753,204	SH		SOLE		2,554,828	0	198,376
Generac Holdings Inc	COM	368736104	205	1,149	SH		OTR	1	0	0	1,149
Generac Holdings Inc	COM	368736104	200	1,125	SH		OTR	2	0	0	1,125
Generac Holdings Inc	COM	368736104	1,674	9,398	SH		OTR	3	9,398	0	0
Generac Holdings Inc	COM	368736104	65,044	365,131	SH		SOLE		343,140	0	21,991
Gentex Corp	COM	371901109	351	14,733	SH		OTR	1	0	0	14,733
Gentex Corp	COM	371901109	213	8,925	SH		OTR	2	0	0	8,925
Gentex Corp	COM	371901109	3,237	135,786	SH		OTR	3	135,786	0	0
Gentex Corp	COM	371901109	216,165	9,067,332	SH		SOLE		8,082,624	0	984,708
Gilead Sciences Inc	COM	375558103	164,966	2,674,110	SH		SOLE		1,421,600	26,917	1,225,593
Goldman Sachs Group Inc/The	COM	38141G104	736	2,511	SH		OTR	1	0	0	2,511
Goldman Sachs Group Inc/The	COM	38141G104	228	777	SH		OTR	2	0	0	777
Goldman Sachs Group Inc/The	COM	38141G104	82,889	282,851	SH		SOLE		280,811	0	2,040
GSK PLC	ADR	37733W204	4,990	169,561	SH		SOLE		156,792	0	12,769
Hackett Group	COM	404609109	113	6,386	SH		OTR	2	0	0	6,386
Haleon PLC	ADR	405552100	1,287	211,285	SH		SOLE		195,323	0	15,962
Horace Mann Educators Corp	COM	440327104	12,398	351,321	SH		SOLE		267,327	0	83,994
Houlihan Lokey Inc	COM	441593100	107	1,423	SH		OTR	1	0	0	1,423
Houlihan Lokey Inc	COM	441593100	10,759	142,735	SH		SOLE		141,580	0	1,155
Interpublic Group of Cos Inc/The	COM	460690100	472	18,456	SH		OTR	1	0	0	18,456
Interpublic Group of Cos Inc/The	COM	460690100	156	6,096	SH		OTR	2	0	0	6,096
Interpublic Group of Cos Inc/The	COM	460690100	3,863	150,917	SH		OTR	3	150,917	0	0
Interpublic Group of Cos Inc/The	COM	460690100	214,789	8,390,200	SH		SOLE		7,606,698	0	783,502
iShares MSCI ACWI ex US ETF	ETF	464288240	3,920	97,965	SH		SOLE		38,851	0	59,114
iShares Russell 2000 Value ETF	ETF	464287630	2,369	18,377	SH		SOLE		18,377	0	0
J M Smucker Co/The	COM	832696405	252	1,835	SH		OTR	1	0	0	1,835
J M Smucker Co/The	COM	832696405	78	565	SH		OTR	2	0	0	565
J M Smucker Co/The	COM	832696405	1,089	7,928	SH		OTR	3	7,928	0	0
J M Smucker Co/The	COM	832696405	99,856	726,702	SH		SOLE		662,979	0	63,723
Janus Henderson Group PLC	COM	G4474Y214	1,031	50,771	SH		OTR	3	50,771	0	0
Janus Henderson Group PLC	COM	G4474Y214	71,942	3,542,220	SH		SOLE		3,141,294	0	400,926
Johnson & Johnson	COM	478160104	123,985	758,966	SH		SOLE		410,544	6,794	341,628
Jones Lang LaSalle Inc	COM	48020Q107	148	979	SH		OTR	2	0	0	979
Jones Lang LaSalle Inc	COM	48020Q107	2,882	19,079	SH		OTR	3	19,079	0	0
Jones Lang LaSalle Inc	COM	48020Q107	197,723	1,308,818	SH		SOLE		1,162,338	0	146,480
Kennametal Inc	COM	489170100	461	22,397	SH		OTR	1	0	0	22,397
Kennametal Inc	COM	489170100	174	8,476	SH		OTR	2	0	0	8,476
Kennametal Inc	COM	489170100	3,469	168,561	SH		OTR	3	168,561	0	0
Kennametal Inc	COM	489170100	214,492	10,422,351	SH		SOLE		9,422,019	0	1,000,332
Keysight Technologies Inc	COM	49338L103	320	2,036	SH		OTR	1	0	0	2,036
Keysight Technologies Inc	COM	49338L103	224	1,423	SH		OTR	2	0	0	1,423
Keysight Technologies Inc	COM	49338L103	2,852	18,124	SH		OTR	3	18,124	0	0
Keysight Technologies Inc	COM	49338L103	32,802	208,452	SH		SOLE		206,799	0	1,653
KKR & Co Inc	COM	48251W104	390	9,070	SH		OTR	1	0	0	9,070
KKR & Co Inc	COM	48251W104	205	4,760	SH		OTR	2	0	0	4,760
KKR & Co Inc	COM	48251W104	4,110	95,575	SH		OTR	3	95,575	0	0
KKR & Co Inc	COM	48251W104	142,073	3,304,025	SH		SOLE		2,999,936	0	304,089
Knowles Corp	COM	49926D109	317	26,042	SH		OTR	1	0	0	26,042
Knowles Corp	COM	49926D109	117	9,610	SH		OTR	2	0	0	9,610
Knowles Corp	COM	49926D109	51,525	4,233,731	SH		SOLE		3,830,381	0	403,350
Korn Ferry	COM	500643200	75	1,588	SH		OTR	2	0	0	1,588
Korn Ferry	COM	500643200	39,190	834,709	SH		SOLE		632,211	0	202,498
Laboratory Corp of America Holdings	COM	50540R409	552	2,694	SH		OTR	1	0	0	2,694
Laboratory Corp of America Holdings	COM	50540R409	179	872	SH		OTR	2	0	0	872
Laboratory Corp of America Holdings	COM	50540R409	3,586	17,507	SH		OTR	3	17,507	0	0
Laboratory Corp of America Holdings	COM	50540R409	141,104	688,950	SH		SOLE		646,532	0	42,418
Lazard Ltd	COM	G54050102	476	14,959	SH		OTR	1	0	0	14,959
Lazard Ltd	COM	G54050102	181	5,697	SH		OTR	2	0	0	5,697
Lazard Ltd	COM	G54050102	3,057	96,057	SH		OTR	3	96,057	0	0
Lazard Ltd	COM	G54050102	247,375	7,771,741	SH		SOLE		6,917,024	0	854,717
Lindblad Expeditions Holdings Inc	COM	535219109	207	30,595	SH		OTR	2	0	0	30,595
Lindblad Expeditions Holdings Inc	COM	535219109	40,162	5,941,057	SH		SOLE		4,484,034	0	1,457,023
Littelfuse Inc	COM	537008104	310	1,558	SH		OTR	1	0	0	1,558
Littelfuse Inc	COM	537008104	171	862	SH		OTR	2	0	0	862
Littelfuse Inc	COM	537008104	75,903	382,017	SH		SOLE		326,586	0	55,431
Lockheed Martin Corp	COM	539830109	6,867	17,776	SH		SOLE		17,776	0	0
M&T Bank Corp	COM	55261F104	549	3,115	SH		OTR	1	0	0	3,115
M&T Bank Corp	COM	55261F104	301	1,709	SH		OTR	2	0	0	1,709
M&T Bank Corp	COM	55261F104	1,107	6,278	SH		SOLE		3,744	0	2,534
Madison Square Garden Entertainment Corp	COM	55826T102	489	11,096	SH		OTR	1	0	0	11,096
Madison Square Garden Entertainment Corp	COM	55826T102	227	5,150	SH		OTR	2	0	0	5,150
Madison Square Garden Entertainment Corp	COM	55826T102	4,619	104,754	SH		OTR	3	104,754	0	0
Madison Square Garden Entertainment Corp	COM	55826T102	271,280	6,152,867	SH		SOLE		5,607,003	0	545,864
Madison Square Garden Sports Corp	COM	55825T103	335	2,454	SH		OTR	1	0	0	2,454
Madison Square Garden Sports Corp	COM	55825T103	130	952	SH		OTR	2	0	0	952
Madison Square Garden Sports Corp	COM	55825T103	2,235	16,358	SH		OTR	3	16,358	0	0
Madison Square Garden Sports Corp	COM	55825T103	142,469	1,042,504	SH		SOLE		934,286	0	108,218
Manchester United Plc	COM	G5784H106	394	29,711	SH		OTR	1	0	0	29,711
Manchester United Plc	COM	G5784H106	216	16,303	SH		OTR	2	0	0	16,303
Manchester United Plc	COM	G5784H106	3,045	229,484	SH		OTR	3	229,484	0	0
Manchester United Plc	COM	G5784H106	147,953	11,149,441	SH		SOLE		10,161,468	0	987,973
Masco Corp	COM	574599106	114	2,436	SH		OTR	2	0	0	2,436
Masco Corp	COM	574599106	3,405	72,931	SH		OTR	3	72,931	0	0
Masco Corp	COM	574599106	79,709	1,707,190	SH		SOLE		1,548,173	0	159,017
Mattel Inc	COM	577081102	615	32,469	SH		OTR	1	0	0	32,469
Mattel Inc	COM	577081102	232	12,227	SH		OTR	2	0	0	12,227
Mattel Inc	COM	577081102	5,183	273,639	SH		OTR	3	273,639	0	0
Mattel Inc	COM	577081102	292,508	15,443,948	SH		SOLE		13,966,808	0	1,477,140
Methode Electronics Inc	COM	591520200	31,504	848,019	SH		SOLE		639,656	0	208,363
Microsoft Corp	COM	594918104	235,013	1,009,074	SH		SOLE		539,419	10,141	459,514
Middleby Corp/The	COM	596278101	123	962	SH		OTR	2	0	0	962
Middleby Corp/The	COM	596278101	35,861	279,791	SH		SOLE		210,996	0	68,795
Mohawk Industries Inc	COM	608190104	335	3,677	SH		OTR	1	0	0	3,677
Mohawk Industries Inc	COM	608190104	109	1,190	SH		OTR	2	0	0	1,190
Mohawk Industries Inc	COM	608190104	2,796	30,661	SH		OTR	3	30,661	0	0
Mohawk Industries Inc	COM	608190104	175,456	1,924,070	SH		SOLE		1,729,921	0	194,149
Molson Coors Beverage Co	COM	60871R209	173	3,614	SH		OTR	1	0	0	3,614
Molson Coors Beverage Co	COM	60871R209	15,692	326,991	SH		SOLE		324,054	0	2,937
Mosaic Co/The	COM	61945C103	8,416	174,127	SH		SOLE		174,127	0	0
Motorola Solutions Inc	COM	620076307	163	727	SH		OTR	2	0	0	727
NetApp Inc	COM	64110D104	43,293	699,964	SH		SOLE		365,929	7,189	326,846
Nokia Oyj	ADR	654902204	14,282	3,344,832	SH		SOLE		2,121,724	0	1,223,108
Northern Trust Corp	COM	665859104	254	2,968	SH		OTR	2	0	0	2,968
Northern Trust Corp	COM	665859104	4,387	51,274	SH		OTR	3	51,274	0	0
Northern Trust Corp	COM	665859104	189,260	2,212,018	SH		SOLE		2,130,469	0	81,549
Norwegian Cruise Line Holdings Ltd	COM	G66721104	311	27,403	SH		OTR	2	0	0	27,403
Norwegian Cruise Line Holdings Ltd	COM	G66721104	80,759	7,109,077	SH		SOLE		6,117,980	0	991,097
NOV Inc	COM	62955J103	159	9,842	SH		OTR	1	0	0	9,842
NOV Inc	COM	62955J103	16,316	1,008,434	SH		SOLE		1,000,444	0	7,990
Novartis AG	ADR	66987V109	665	8,750	SH		SOLE		8,750	0	0
nVent Electric PLC	COM	G6700G107	459	14,521	SH		OTR	1	0	0	14,521
nVent Electric PLC	COM	G6700G107	245	7,744	SH		OTR	2	0	0	7,744
nVent Electric PLC	COM	G6700G107	3,603	113,993	SH		OTR	3	113,993	0	0
nVent Electric PLC	COM	G6700G107	127,209	4,024,332	SH		SOLE		3,627,860	0	396,472
Omnicom Group Inc	COM	681919106	121	1,910	SH		OTR	1	0	0	1,910
Omnicom Group Inc	COM	681919106	12,020	190,518	SH		SOLE		188,966	0	1,552
OneSpaWorld Holdings Ltd	COM	P73684113	346	41,146	SH		OTR	2	0	0	41,146
OneSpaWorld Holdings Ltd	COM	P73684113	5,541	659,627	SH		OTR	3	659,627	0	0
OneSpaWorld Holdings Ltd	COM	P73684113	137,224	16,336,196	SH		SOLE		13,914,629	0	2,421,567
Oracle Corp	COM	68389X105	5,483	89,777	SH		SOLE		89,777	0	0
Paramount Global	COM	92556H206	127	6,691	SH		OTR	2	0	0	6,691
Paramount Global	COM	92556H206	3,566	187,272	SH		OTR	3	187,272	0	0
Paramount Global	COM	92556H206	132,428	6,955,247	SH		SOLE		6,381,962	0	573,285
Patterson Cos	COM	703395103	139	5,804	SH		OTR	2	0	0	5,804
Philip Morris International Inc	COM	718172109	297,139	3,579,556	SH		SOLE		2,650,456	18,332	910,768
Prestige Consumer Healthcare Inc	COM	74112D101	223	4,474	SH		OTR	2	0	0	4,474
Prestige Consumer Healthcare Inc	COM	74112D101	1,795	36,032	SH		OTR	3	36,032	0	0
Prestige Consumer Healthcare Inc	COM	74112D101	41,666	836,167	SH		SOLE		631,103	0	205,064
Progressive Corp/The	COM	743315103	134	1,157	SH		OTR	1	0	0	1,157
Progressive Corp/The	COM	743315103	163	1,402	SH		OTR	2	0	0	1,402
Progressive Corp/The	COM	743315103	12,552	108,008	SH		SOLE		107,068	0	940
Resideo Technologies Inc	COM	76118Y104	366	19,183	SH		OTR	1	0	0	19,183
Resideo Technologies Inc	COM	76118Y104	296	15,515	SH		OTR	2	0	0	15,515
Resideo Technologies Inc	COM	76118Y104	3,862	202,631	SH		OTR	3	202,631	0	0
Resideo Technologies Inc	COM	76118Y104	240,572	12,621,833	SH		SOLE		11,509,683	0	1,112,150
Reynolds Consuer Products	COM	76171L106	120	4,614	SH		OTR	2	0	0	4,614
Royal Caribbean Cruises Ltd	COM	V7780T103	5,433	143,354	SH		OTR	3	143,354	0	0
Royal Caribbean Cruises Ltd	COM	V7780T103	114,568	3,022,900	SH		SOLE		2,778,195	0	244,705
Sanofi	ADR	80105N105	222	5,838	SH		SOLE		739	0	5,099
Sensata Techology	COM	G8060N102	177	4,755	SH		OTR	2	0	0	4,755
Simpson Manufacturing Co Inc	COM	829073105	103	1,310	SH		OTR	2	0	0	1,310
Simpson Manufacturing Co Inc	COM	829073105	950	12,121	SH		OTR	3	12,121	0	0
Simpson Manufacturing Co Inc	COM	829073105	49,218	627,777	SH		SOLE		524,926	0	102,851
Snap-on Inc	COM	833034101	245	1,215	SH		OTR	1	0	0	1,215
Snap-on Inc	COM	833034101	150	744	SH		OTR	2	0	0	744
Snap-on Inc	COM	833034101	1,917	9,521	SH		OTR	3	9,521	0	0
Snap-on Inc	COM	833034101	144,168	716,006	SH		SOLE		647,559	0	68,447
Stanley Black & Decker Inc	COM	854502101	397	5,281	SH		OTR	1	0	0	5,281
Stanley Black & Decker Inc	COM	854502101	40,555	539,219	SH		SOLE		534,927	0	4,292
Stericycle Inc	COM	858912108	383	9,088	SH		OTR	1	0	0	9,088
Stericycle Inc	COM	858912108	195	4,641	SH		OTR	2	0	0	4,641
Stericycle Inc	COM	858912108	3,069	72,872	SH		OTR	3	72,872	0	0
Stericycle Inc	COM	858912108	185,171	4,397,308	SH		SOLE		4,016,287	0	381,021
Tapestry Inc	COM	876030107	10,757	378,366	SH		SOLE		183,756	4,208	190,402
Telefonica Brasil SA	ADR	87936R205	20,626	2,742,804	SH		SOLE		2,709,458	0	33,346
TIM SA/Brazil	ADR	88706T108	4,431	396,301	SH		SOLE		396,301	0	0
Trip.com Group Ltd	ADR	89677Q107	7,777	284,785	SH		SOLE		166,028	1,671	117,086
US Bancorp	COM	902973304	7,994	198,260	SH		SOLE		96,057	2,203	100,000
Vail Resorts Inc	COM	91879Q109	215	997	SH		OTR	1	0	0	997
Vail Resorts Inc	COM	91879Q109	44,077	204,402	SH		SOLE		178,384	0	26,018
Vanguard FTSE Developed Markets ETF	ETF	921943858	17,328	476,560	SH		SOLE		476,560	0	0
Verizon Communications Inc	COM	92343V104	73,278	1,929,890	SH		SOLE		1,002,077	19,980	907,833
Vodafone Group PLC	ADR	92857W308	5,731	505,792	SH		SOLE		249,672	0	256,120
Walgreens Boots Alliance Inc	COM	931427108	403	12,848	SH		OTR	1	0	0	12,848
Walgreens Boots Alliance Inc	COM	931427108	120	3,808	SH		OTR	2	0	0	3,808
Walgreens Boots Alliance Inc	COM	931427108	38,720	1,233,136	SH		SOLE		1,222,639	0	10,497
Western Union Co/The	COM	959802109	4,800	355,586	SH		SOLE		355,586	0	0
Zebra Technologies Corp	COM	989207105	279	1,066	SH		OTR	2	0	0	1,066
Zebra Technologies Corp	COM	989207105	3,985	15,209	SH		OTR	3	15,209	0	0
Zebra Technologies Corp	COM	989207105	120,745	460,843	SH		SOLE		422,446	0	38,397
Zimmer Biomet Holdings Inc	COM	98956P102	357	3,415	SH		OTR	1	0	0	3,415
Zimmer Biomet Holdings Inc	COM	98956P102	192	1,834	SH		OTR	2	0	0	1,834
Zimmer Biomet Holdings Inc	COM	98956P102	40,681	389,103	SH		SOLE		386,317	0	2,786
Zimvie Inc	COM	98888T107	14	1,446	SH		OTR	2	0	0	1,446
Zimvie Inc	COM	98888T107	2,808	284,492	SH		SOLE		284,492	0	0

Ariel Investments 13F-HRQuarterly holdings report by institutional manager