13F-HR/A 1 HR13F2Q11.txt HR13F2Q11 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 06/30/11 Check here if Amendment |X|; Amendment Number: 1 This Amendment (Check only one.): |X| is a restatement. | | adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Ariel Investments, LLC Address: 200 E. Randolph Drive Suite 2900 Chicago, IL 60601 13F File Number: 28-04003 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Wendy D. Fox Title: Vice President/Chief Compliance Officer Phone: 312-726-0140 Signature, Place, and Date of Signing: /s/ Wendy D. Fox Chicago, IL July 5, 2012 ----------------------------------- ---------------- -------------------- Report Type (Check only one.): | | 13F HOLDINGS REPORT. |_| 13F NOTICE. |X| 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: Form 13F File Number Name 28-06386 GW Capital Management, LLC FORM 13F SUMMARY PAGE AS OF DATE: 6/30/2011 REPORT SUMMARY: NUMBER OF OTHER INCLUDED MANAGERS: 1 FORM 13F INFORMATION TABLE ENTRY TOTAL: 184 FORM 13F INFORMATION TABLE VALUE TOTAL: $5,384,515 (In Thousands) LIST OF OTHER INCLUDED MANAGERS: NO. 13F FILE NUMBER NAME 1 28-05955 PAX WORLD MANAGEMENT LLC
FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE ------------------------------------ -------------- --------- -------- -------- --- ---- ---------- -------- -------- ------ ------- 21st Century Holding Co. COMMON 90136Q100 661 242865 SH SOLE 0 42565 0 200300 Abbott Laboratories COMMON 002824100 3437 65310 SH SOLE 0 41310 0 24000 Accenture plc COMMON G1151C101 79171 1310336 SH SOLE 0 1282173 0 28163 AFLAC Inc. COMMON 001055102 60562 1297376 SH SOLE 0 1273356 0 24020 American Electric Technologies, Inc. COMMON 025576109 444 127974 SH SOLE 0 44375 0 83599 American Reprographics Co. COMMON 029263100 1666 235645 SH SOLE 0 47245 0 188400 Anixter Intl Inc. COMMON 035290105 60934 932574 SH SOLE 0 907174 0 25400 Anixter Intl Inc. COMMON 035290105 16 245 SH OTHER 1 245 0 0 Apollo Group, Inc. COMMON 037604105 52248 1196150 SH SOLE 0 1160680 0 35470 Astro-Med, Inc. COMMON 04638F108 811 99065 SH SOLE 0 17823 0 81242 AuthenTec, Inc. COMMON 052660107 935 338935 SH SOLE 0 59455 0 279480 Avatar Holdings Inc. COMMON 053494100 2452 161189 SH SOLE 0 35489 0 125700 Ballantyne Strong, Inc. COMMON 058516105 3148 671122 SH SOLE 0 145101 0 526021 Bank of New York Mellon Corp. COMMON 064058100 3344 130530 SH SOLE 0 82330 0 48200 Baxter Intl Inc. COMMON 071813109 66847 1119904 SH SOLE 0 1084946 0 34958 Bio-Rad Laboratories, Inc. COMMON 090572207 147241 1233585 SH SOLE 0 1204748 0 28837 Bio-Rad Laboratories, Inc. COMMON 090572207 33 275 SH OTHER 1 275 0 0 Blount Intl, Inc. COMMON 095180105 20681 1183795 SH SOLE 0 1060395 0 123400 Blount Intl, Inc. COMMON 095180105 172 9850 SH OTHER 0 0 9850 Bob Evans Farms, Inc. COMMON 096761101 20047 573257 SH SOLE 0 514057 0 59200 Brady Corp. COMMON 104674106 94350 2942919 SH SOLE 0 2876169 0 66750 Brady Corp. COMMON 104674106 26 815 SH OTHER 1 815 0 0 Brady Corp. COMMON 104674106 152 4755 SH OTHER 0 0 4755 Brink's Co. COMMON 109696104 102865 3448386 SH SOLE 0 3363086 0 85300 Brink's Co. COMMON 109696104 27 900 SH OTHER 1 900 0 0 Brink's Co. COMMON 109696104 140 4695 SH OTHER 0 0 4695 Callaway Golf Co. COMMON 131193104 75 12000 SH SOLE 0 12000 0 0 Carnival Corp. COMMON 143658300 53066 1410197 SH SOLE 0 1370429 0 39768 CB Richard Ellis Group, Inc. COMMON 12497T101 139126 5540681 SH SOLE 0 5528616 0 12065 CB Richard Ellis Group, Inc. COMMON 12497T101 29 1145 SH OTHER 1 1145 0 0 CBS Corp. COMMON 124857202 89736 3149732 SH SOLE 0 3127675 0 22057 Chesapeake Energy Corp. COMMON 165167107 47583 1602670 SH SOLE 0 1551045 0 51625 Citigroup Inc. COMMON 172967424 2052 49287 SH SOLE 0 30097 0 19190 City National Corp. COMMON 178566105 89052 1641512 SH SOLE 0 1610046 0 31466 City National Corp. COMMON 178566105 13 245 SH OTHER 1 245 0 0 Clorox Co. COMMON 189054109 16557 245505 SH SOLE 0 243747 0 1758 Contango Oil & Gas Co. COMMON 21075N204 16437 281265 SH SOLE 0 281265 0 0 Contango Oil & Gas Co. COMMON 21075N204 15 255 SH OTHER 1 255 0 0 Crown Crafts, Inc. COMMON 228309100 1824 376100 SH SOLE 0 66400 0 309700 CSP Inc. COMMON 126389105 930 212915 SH SOLE 0 38649 0 174266 Dell Inc. COMMON 24702R101 73940 4435525 SH SOLE 0 4307000 0 128525 DeVry Inc. COMMON 251893103 169580 2867923 SH SOLE 0 2794393 0 73530 DeVry Inc. COMMON 251893103 32 545 SH OTHER 1 545 0 0 DeVry Inc. COMMON 251893103 142 2400 SH OTHER 0 0 2400 Dun & Bradstreet Corp. COMMON 26483E100 102074 1351254 SH SOLE 0 1348500 0 2754 Dun & Bradstreet Corp. COMMON 26483E100 24 320 SH OTHER 1 320 0 0 Dun & Bradstreet Corp. COMMON 26483E100 108 1425 SH OTHER 0 0 1425 Edgewater Technology Inc. COMMON 280358102 1735 642285 SH SOLE 0 114418 0 527867 Energizer Holdings, Inc. COMMON 29266R108 36526 504783 SH SOLE 0 504783 0 0 Energizer Holdings, Inc. COMMON 29266R108 14 195 SH OTHER 1 195 0 0 Energizer Holdings, Inc. COMMON 29266R108 128 1765 SH OTHER 0 0 1765 Exxon Mobil Corp. COMMON 30231G102 4285 52660 SH SOLE 0 33160 0 19500 Fair Isaac Corp. COMMON 303250104 110633 3663350 SH SOLE 0 3583550 0 79800 Fair Isaac Corp. COMMON 303250104 32 1055 SH OTHER 1 1055 0 0 Fair Isaac Corp. COMMON 303250104 211 6975 SH OTHER 0 0 6975 First American Financial Corp. COMMON 31847R102 114380 7308634 SH SOLE 0 7194329 0 114305 First American Financial Corp. COMMON 31847R102 20 1285 SH OTHER 1 1285 0 0 First American Financial Corp. COMMON 31847R102 75 4780 SH OTHER 0 0 4780 Force Protection, Inc. COMMON 345203202 28378 5715689 SH SOLE 0 4594089 0 1121600 Force Protection, Inc. COMMON 345203202 134 26945 SH OTHER 0 0 26945 Franklin Resources, Inc. COMMON 354613101 60931 464098 SH SOLE 0 460992 0 3106 Gaiam, Inc. COMMON 36268Q103 1477 297265 SH SOLE 0 62365 0 234900 Gannett Co., Inc. COMMON 364730101 186819 13046018 SH SOLE 0 12805692 0 240326 Gannett Co., Inc. COMMON 364730101 35 2470 SH OTHER 1 2470 0 0 Goldman Sachs Group, Inc. COMMON 38141G104 3452 25940 SH SOLE 0 15840 0 10100 Guaranty Bancorp COMMON 40075T102 629 466283 SH SOLE 0 86483 0 379800 HCC Insurance Holdings, Inc. COMMON 404132102 70621 2241948 SH SOLE 0 2177288 0 64660 HCC Insurance Holdings, Inc. COMMON 404132102 18 585 SH OTHER 1 585 0 0 HCC Insurance Holdings, Inc. COMMON 404132102 133 4232 SH OTHER 0 0 4232 Herman Miller, Inc. COMMON 600544100 91896 3376059 SH SOLE 0 3282639 0 93420 Herman Miller, Inc. COMMON 600544100 25 910 SH OTHER 1 910 0 0 Horace Mann Educators Corp. COMMON 440327104 14423 923964 SH SOLE 0 828399 0 95565 Horace Mann Educators Corp. COMMON 440327104 133 8505 SH OTHER 0 0 8505 Hospira, Inc. COMMON 441060100 92746 1636880 SH SOLE 0 1636880 0 0 Hospira, Inc. COMMON 441060100 31 539 SH OTHER 1 539 0 0 Hospira, Inc. COMMON 441060100 181 3190 SH OTHER 0 0 3190 IDEX Corp. COMMON 45167R104 114680 2501191 SH SOLE 0 2432586 0 68605 IDEX Corp. COMMON 45167R104 30 660 SH OTHER 1 660 0 0 IDEX Corp. COMMON 45167R104 189 4123 SH OTHER 0 0 4123 Illinois Tool Works Inc. COMMON 452308109 29844 528307 SH SOLE 0 524727 0 3580 Imation Corp. COMMON 45245A107 1399 148155 SH SOLE 0 33355 0 114800 InfoSpace, Inc. COMMON 45678T300 862 94475 SH SOLE 0 21875 0 72600 Interface, Inc. COMMON 458665106 117659 6074315 SH SOLE 0 5897615 0 176700 Interface, Inc. COMMON 458665106 30 1570 SH OTHER 1 1570 0 0 Interface, Inc. COMMON 458665106 201 10390 SH OTHER 0 0 10390 International Business Machines COMMON 459200101 5314 30977 SH SOLE 0 19477 0 11500 Corp. International Game Technology COMMON 459902102 146046 8307520 SH SOLE 0 8288555 0 18965 International Game Technology COMMON 459902102 34 1925 SH OTHER 1 1925 0 0 International Game Technology COMMON 459902102 148 8420 SH OTHER 0 0 8420 Interpublic Group of Cos., Inc. COMMON 460690100 173308 13864611 SH SOLE 0 13827119 0 37492 Interpublic Group of Cos., Inc. COMMON 460690100 35 2825 SH OTHER 1 2825 0 0 Interpublic Group of Cos., Inc. COMMON 460690100 182 14545 SH OTHER 0 0 14545 J.M. Smucker Co. COMMON 832696405 131741 1723457 SH SOLE 0 1718462 0 4995 J.M. Smucker Co. COMMON 832696405 32 422 SH OTHER 1 422 0 0 JAKKS Pacific, Inc. COMMON 47012E106 1396 75845 SH SOLE 0 16445 0 59400 Janus Capital Group Inc. COMMON 47102X105 155775 16501634 SH SOLE 0 16212224 0 289410 Janus Capital Group Inc. COMMON 47102X105 32 3425 SH OTHER 1 3425 0 0 Johnson & Johnson COMMON 478160104 4625 69529 SH SOLE 0 43929 0 25600 Jones Lang LaSalle Inc. COMMON 48020Q107 196109 2079632 SH SOLE 0 2036436 0 43196 Jones Lang LaSalle Inc. COMMON 48020Q107 33 355 SH OTHER 1 355 0 0 JPMorgan Chase & Co. COMMON 46625H100 3258 79590 SH SOLE 0 50290 0 29300 Knoll, Inc. COMMON 498904200 24571 1224260 SH SOLE 0 1097060 0 127200 Landec Corp. COMMON 514766104 1956 296315 SH SOLE 0 64215 0 232100 Lazard Ltd COMMON G54050102 176617 4760575 SH SOLE 0 4689140 0 71435 Lazard Ltd COMMON G54050102 33 880 SH OTHER 1 880 0 0 Lazard Ltd COMMON G54050102 153 4115 SH OTHER 0 0 4115 Littelfuse, Inc. COMMON 537008104 33299 567084 SH SOLE 0 508134 0 58950 Lockheed Martin Corp. COMMON 539830109 3125 38600 SH SOLE 0 23700 0 14900 Madison Square Garden Co. COMMON 55826P100 33300 1209592 SH SOLE 0 1201397 0 8195 Madison Square Garden Co. COMMON 55826P100 75 2730 SH OTHER 0 0 2730 Markel Corp. COMMON 570535104 10426 26275 SH SOLE 0 23786 0 2489 Markel Corp. COMMON 570535104 46 115 SH OTHER 0 0 115 Market Leader, Inc. COMMON 57056R103 2915 1343425 SH SOLE 0 289990 0 1053435 Mattel, Inc. COMMON 577081102 25713 935365 SH SOLE 0 927210 0 8155 Mattel, Inc. COMMON 577081102 119 4330 SH OTHER 0 0 4330 Matthews Intl Corp. COMMON 577128101 18816 468401 SH SOLE 0 419746 0 48655 Matthews Intl Corp. COMMON 577128101 127 3170 SH OTHER 0 0 3170 McCormick & Co., Inc. COMMON 579780206 43267 872845 SH SOLE 0 872845 0 0 McCormick & Co., Inc. COMMON 579780206 16 320 SH OTHER 1 320 0 0 MEDTOX Scientific, Inc. COMMON 584977201 861 49300 SH SOLE 0 8800 0 40500 Meredith Corp. COMMON 589433101 69893 2245202 SH SOLE 0 2183802 0 61400 Meredith Corp. COMMON 589433101 18 570 SH OTHER 1 570 0 0 Meredith Corp. COMMON 589433101 119 3835 SH OTHER 0 0 3835 Microsoft Corp. COMMON 594918104 5318 204555 SH SOLE 0 128855 0 75700 Middleby Corp. COMMON 596278101 20604 219096 SH SOLE 0 197996 0 21100 Middleby Corp. COMMON 596278101 152 1615 SH OTHER 0 0 1615 Mitcham Industries, Inc. COMMON 606501104 2411 139387 SH SOLE 0 24887 0 114500 Mohawk Industries, Inc. COMMON 608190104 174159 2903137 SH SOLE 0 2856592 0 46545 Mohawk Industries, Inc. COMMON 608190104 31 510 SH OTHER 1 510 0 0 Mohawk Industries, Inc. COMMON 608190104 163 2720 SH OTHER 0 0 2720 Morgan Stanley COMMON 617446448 3458 150275 SH SOLE 0 94675 0 55600 Multi-Fineline Electronix, Inc. COMMON 62541B101 1684 77905 SH SOLE 0 17605 0 60300 Myrexis, Inc. COMMON 62856H107 729 203710 SH SOLE 0 36410 0 167300 Newell Rubbermaid Inc. COMMON 651229106 87674 5556030 SH SOLE 0 5547065 0 8965 Newell Rubbermaid Inc. COMMON 651229106 27 1690 SH OTHER 1 1690 0 0 Nordstrom, Inc. COMMON 655664100 119056 2536340 SH SOLE 0 2528780 0 7560 Nordstrom, Inc. COMMON 655664100 26 550 SH OTHER 1 550 0 0 Nordstrom, Inc. COMMON 655664100 141 3010 SH OTHER 0 0 3010 Northern Trust Corp. COMMON 665859104 56087 1220339 SH SOLE 0 1220154 0 185 Omnicom Group Inc. COMMON 681919106 62280 1293185 SH SOLE 0 1254309 0 38876 ORBCOMM Inc. COMMON 68555P100 952 304156 SH SOLE 0 54056 0 250100 Orion Energy Systems, Inc. COMMON 686275108 3793 965205 SH SOLE 0 182819 0 782386 PCTEL, Inc. COMMON 69325Q105 2615 403490 SH SOLE 0 83490 0 320000 Perceptron, Inc. COMMON 71361F100 3210 504682 SH SOLE 0 85978 0 418704 Pervasive Software Inc. COMMON 715710109 2591 403660 SH SOLE 0 87005 0 316655 PrivateBancorp, Inc. COMMON 742962103 33304 2413353 SH SOLE 0 2343653 0 69700 PrivateBancorp, Inc. COMMON 742962103 7 535 SH OTHER 1 535 0 0 Red Lion Hotels Corp. COMMON 756764106 1589 201150 SH SOLE 0 35950 0 165200 Richardson Electronics, Ltd. COMMON 763165107 936 68845 SH SOLE 0 17645 0 51200 Royal Caribbean Cruises Ltd. COMMON V7780T103 89045 2365700 SH SOLE 0 2365700 0 0 Royal Caribbean Cruises Ltd. COMMON V7780T103 32 845 SH OTHER 1 845 0 0 Royal Caribbean Cruises Ltd. COMMON V7780T103 106 2820 SH OTHER 0 0 2820 Shoe Carnival, Inc. COMMON 824889109 1446 47975 SH SOLE 0 9980 0 37995 Sigma Designs, Inc. COMMON 826565103 2087 273170 SH SOLE 0 58970 0 214200 Simpson Manufacturing Co., Inc. COMMON 829073105 30518 1021680 SH SOLE 0 996880 0 24800 Simpson Manufacturing Co., Inc. COMMON 829073105 18 610 SH OTHER 1 610 0 0 Sotheby's COMMON 835898107 58824 1352268 SH SOLE 0 1331998 0 20270 Sotheby's COMMON 835898107 10 240 SH OTHER 1 240 0 0 Sotheby's COMMON 835898107 102 2355 SH OTHER 0 0 2355 St. Jude Medical, Inc. COMMON 790849103 57979 1216010 SH SOLE 0 1207525 0 8485 Stanley Black & Decker, Inc. COMMON 854502101 123739 1717408 SH SOLE 0 1712854 0 4554 Stanley Black & Decker, Inc. COMMON 854502101 28 392 SH OTHER 1 392 0 0 Steelcase Inc. COMMON 858155203 10529 924412 SH SOLE 0 828312 0 96100 Symmetry Medical Inc. COMMON 871546206 24249 2703330 SH SOLE 0 2261830 0 441500 T. Rowe Price Group, Inc. COMMON 74144T108 37917 628390 SH SOLE 0 623936 0 4454 Target Corp. COMMON 87612E106 2204 46985 SH SOLE 0 29385 0 17600 Team, Inc. COMMON 878155100 31853 1320058 SH SOLE 0 1078558 0 241500 Team, Inc. COMMON 878155100 164 6795 SH OTHER 0 0 6795 Tecumseh Products Co. COMMON 878895200 877 86010 SH SOLE 0 19610 0 66400 Thermo Fisher Scientific Inc. COMMON 883556102 62978 978066 SH SOLE 0 970740 0 7326 Tiffany & Co. COMMON 886547108 84765 1079530 SH SOLE 0 1076980 0 2550 Tiffany & Co. COMMON 886547108 21 265 SH OTHER 1 265 0 0 Tiffany & Co. COMMON 886547108 193 2460 SH OTHER 0 0 2460 Tyco Intl Ltd. COMMON H89128104 3345 67671 SH SOLE 0 42571 0 25100 Versar Inc. COMMON 925297103 946 295012 SH SOLE 0 52612 0 242400 Viacom, Inc. COMMON 92553P201 78754 1544205 SH SOLE 0 1533470 0 10735 Vical Inc. COMMON 925602104 2380 577773 SH SOLE 0 124873 0 452900 Walgreen Co. COMMON 931422109 3895 91735 SH SOLE 0 58135 0 33600 Washington Post Co. COMMON 939640108 45185 107853 SH SOLE 0 107853 0 0 Washington Post Co. COMMON 939640108 16 37 SH OTHER 1 37 0 0 Washington Post Co. COMMON 939640108 61 145 SH OTHER 0 0 145 XO Group Inc. COMMON 983772104 2431 244335 SH SOLE 0 50735 0 193600 Zimmer Holdings, Inc. COMMON 98956P102 171446 2712757 SH SOLE 0 2676977 0 35780 Zimmer Holdings, Inc. COMMON 98956P102 34 540 SH OTHER 1 540 0 0