Ariel Investments Small Cap Value Q2 2026 Portfolio Activity

Lindblad Expeditions' booking trends remained encouraging, with solid visibility into future demand supported by momentum in both near- and longer-term travel. Knowles Corporation's performance was propelled by solid execution across segments, with Precision Devices benefiting from robust demand across diverse applications and its positioning for accelerated growth. Oil services company Core Laboratories declined over the quarter as geopolitical tensions, weather disruptions and softer U.S. land drilling activity impacted performance.

Luxury adventure travel company Lindblad Expeditions ( LIND ) was the top contributor during the quarter following a strong earnings beat, driven by