# EDGAR Filing Document

**Accession Number:** 0000798365
**File Stem:** 0002066578-25-001084
**Filing Date:** 2025-11
**Character Count:** 13293
**Document Hash:** 88306d23b34620b5bdce47ec72d3aca2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002066578-25-001084.hdr.sgml**: 20251117

**ACCESSION NUMBER**: 0002066578-25-001084

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251117

**DATE AS OF CHANGE**: 20251117

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ARIEL INVESTMENT TRUST
- **CENTRAL INDEX KEY:** 0000798365

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04786
- **FILM NUMBER:** 251490899

**BUSINESS ADDRESS:**
- **STREET 1:** 200 EAST RANDOLPH STREET
- **STREET 2:** SUITE 2900
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60601
- **BUSINESS PHONE:** 312-581-6750

**MAIL ADDRESS:**
- **STREET 1:** 200 EAST RANDOLPH STREET
- **STREET 2:** SUITE 2900
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60601

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ARIEL GROWTH FUND
- **DATE OF NAME CHANGE:** 19931130

## Series and Classes Contracts Data

### Ariel Focus Fund (Series ID: S000005026)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000013708 | Investor Class      | ARFFX           |
| C000108538 | Institutional Class | AFOYX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Ariel Investment Trust

- **b. Investment Company Act file number:** 811-04786

- **c. CIK number of Registrant:** 0000798365

- **d. LEI of Registrant:** 549300CVWGJ8PC4QGT42

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 200 East Randolph Street

  - **City:** Chicago

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60601

  - **Telephone number:** 800-292-7435

**Item A.2. Information about the Series.**

- **a. Name of Series:** Ariel Focus Fund

- **b. EDGAR series identifier (if any):** S000005026

- **c. LEI of Series:** 549300KC6HFKHCBAML09

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-09-30

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $77667475.56

**Total Liabilities:** $26500.63

**Net Assets:** $77640974.93

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000013708 | 7.47%                | 7.92%                | 4.12%                |
| Class ID C000108538 | 7.50%                | 7.95%                | 4.15%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1043199.56              | $3770541.41                                |
| Month 2  | $1425573.82              | $3911420.41                                |
| Month 3  | $1568550.54              | $1458615.08                                |

### Schedule of Portfolio Investments

| Name                                         | Title                                                  | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| BorgWarner Inc.                              | BorgWarner Inc. COM USD0.01                            | CUSIP: 099724106<br>LEI: 549300DSFX2IE88NSX47 | Long             | EC               | CORP              | US        |     31842 | NS      | $1399774.32   | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Boyd Gaming Corporation                      | Boyd Gaming Corporation COM USD0.01                    | CUSIP: 103304101<br>LEI: 254900787YGRYS2A1Z35 | Long             | EC               | CORP              | US        |     36441 | NS      | $3150324.45   | 4.06%             |  |  |  | No            |                  1 | On Loan: No      |
| The Mosaic Company                           | The Mosaic Company COM USD0.01                         | CUSIP: 61945C103<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | EC               | CORP              | US        |     70266 | NS      | $2436824.88   | 3.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Barrick Mining Corp.                         | Barrick Mining Corp. COM SHS                           | CUSIP: 06849F108<br>LEI: 0O4KBQCJZX82UKGCBV73 | Long             | EC               | CORP              | CA        |    112229 | NS      | $3677744.33   | 4.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Generac Holdings Inc.                        | Generac Holdings Inc. COM USD0.01                      | CUSIP: 368736104<br>LEI: 529900S2H2AHJHSFFI84 | Long             | EC               | CORP              | US        |      4572 | NS      | $765352.80    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Financial Corporation         | First American Financial Corporation COM USD0.00001    | CUSIP: 31847R102<br>LEI: 549300B6VEZK3N0A1P55 | Long             | EC               | CORP              | US        |     35162 | NS      | $2258806.88   | 2.91%             |  |  |  | No            |                  1 | On Loan: No      |
| APA Corp.                                    | APA Corp. COM                                          | CUSIP: 03743Q108<br>LEI: 549300VCIWLRHYVSHC79 | Long             | EC               | CORP              | US        |    140070 | NS      | $3400899.60   | 4.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Institutional Funds                 | Northern Institutional Funds TREAS PRT PRMR            | CUSIP: 665279873<br>LEI: 549300Y178DO5JBR1S04 | Long             | STIV             | RF                | US        |   3253641 | NS      | $3253640.51   | 4.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Phinia Inc.                                  | Phinia Inc. COMMON STOCK                               | CUSIP: 71880K101<br>LEI: 254900HG6MORZE1FFM18 | Long             | EC               | CORP              | US        |     64415 | NS      | $3702574.20   | 4.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group, Inc.                    | Goldman Sachs Group, Inc. COM USD0.01                  | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |      1406 | NS      | $1119668.10   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| BOK Financial Corp                           | BOK Financial Corp COM USD0.00006                      | CUSIP: 05561Q201<br>LEI: GRI2NT5QHYW751NMR949 | Long             | EC               | CORP              | US        |     35784 | NS      | $3987768.96   | 5.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Affiliated Managers Group, Inc.              | Affiliated Managers Group, Inc. COM USD0.01            | CUSIP: 008252108<br>LEI: 2JE75BUE3T1BLCYYGK54 | Long             | EC               | CORP              | US        |     16405 | NS      | $3911444.15   | 5.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp.                        | Bank of America Corp. COM USD0.01                      | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |     71467 | NS      | $3686982.53   | 4.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Gallagher Aj &Co                             | Gallagher Aj &Co COM USD1.00                           | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |      6343 | NS      | $1964680.82   | 2.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                            | Johnson & Johnson COM USD1.00                          | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     23842 | NS      | $4420783.64   | 5.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Lockheed Martin Corporation                  | Lockheed Martin Corporation COM USD1.00                | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |      6556 | NS      | $3272820.76   | 4.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp.                                | Chevron Corp. COM USD0.75                              | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18745 | NS      | $2910911.05   | 3.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Mohawk Industries, Inc.                      | Mohawk Industries, Inc. COM USD0.01                    | CUSIP: 608190104<br>LEI: 549300JI1115MG3Q6322 | Long             | EC               | CORP              | US        |     28524 | NS      | $3677314.08   | 4.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp.                                 | Oracle Corp. COM USD0.01                               | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |      7643 | NS      | $2149517.32   | 2.77%             |  |  |  | No            |                  1 | On Loan: No      |
| The J M Smucker Company                      | The J M Smucker Company COM NPV                        | CUSIP: 832696405<br>LEI: 5493000WDH6A0LHDJD55 | Long             | EC               | CORP              | US        |     28750 | NS      | $3122250.00   | 4.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Schlumberger Limited                         | Schlumberger Limited COM USD0.01                       | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | CW        |     87294 | NS      | $3000294.78   | 3.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Snap-On Incorporated                         | Snap-On Incorporated COM USD1                          | CUSIP: 833034101<br>LEI: HHWAT5TDOYZMM26KKQ73 | Long             | EC               | CORP              | US        |     10682 | NS      | $3701633.46   | 4.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Prestige Consumer Healthcare Inc             | Prestige Consumer Healthcare Inc COM USD0.01           | CUSIP: 74112D101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     53828 | NS      | $3358867.20   | 4.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Madison Square Garden Sports Corp.           | Madison Square Garden Sports Corp. COM USD0.01 CLASS A | CUSIP: 55825T103<br>LEI: 529900BQELIZ5ZQYB788 | Long             | EC               | CORP              | US        |      4300 | NS      | $976100.00    | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Madison Square Garden Entertainment Corp New | Madison Square Garden Entertainment Corp New COM CL A  | CUSIP: 558256103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     33799 | NS      | $1529066.76   | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Resideo Technologies Inc                     | Resideo Technologies Inc COM USD0.001                  | CUSIP: 76118Y104<br>LEI: 5493006TKFPYISY2DS54 | Long             | EC               | CORP              | US        |     96718 | NS      | $4176283.24   | 5.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Labcorp Holdings Inc                         | Labcorp Holdings Inc COM SHS                           | CUSIP: 504922105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9120 | NS      | $2617987.20   | 3.37%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-31

**Name of Applicant:** Ariel Investment Trust

**Signature:** Adam J. Nelson

**Name of Signer:** Adam J. Nelson

**Title:** Treasurer