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John W. Rogers’ Ariel Investments Revealed Increasing Stakes in Perceptron, Inc. (PRCP) & CPI Aerostructures, Inc. (CVU)

In a couple of recent filings, John W. Rogers‘ fund Ariel Investments revealed upping its stakes in two companies: Perceptron, Inc. (NASDAQ:PRCP) and CPI Aerostructures, Inc. (NYSEMKT:CVU). In Perceptron, Inc. (NASDAQ:PRCP) the fund currently holds 910,939 shares, up from 666,741 shares revealed in the latest 13F. The current stake amasses around 10.2% of the company’s outstanding common stock.  The value of the holding amounts to $9.0 million, at the current stock price of Perceptron.


Aside from Ariel, Jim Simons’ Renaissance Technologies, and Chuck Royce’s Royce & Associates revealed holding shares of Perceptron, Inc. (NASDAQ:PRCP) in their latest 13F filings, among other hedge funds. Renaissance currently holds 453,425 shares, worth over $4.8 million, while Royce’s stake is worth $3.8 million, and amasses 357,700 shares.

In CPI Aerostructures, Inc. (NYSEMKT:CVU), John. W. Rogers’ fund currently owns 845,776 shares, up from 699,026 shares held at the end of September. The stake amasses 10.1% of the company’s common stock, and has a value of around $12.7 million, at the current stock price of CPI Aerostructures, Inc. (NYSEMKT:CVU).

The stock of CPI Aerostructures, Inc. (NYSEMKT:CVU) jumped by almost 50% since the beginning of the year. Gregory Fraser, Rudolph Kluiber, and Timothy Krochuk, the managers of Grt Capital Partners are among Mr. Rogers’ peers who hold shares of CPI Aerostructures. Grt holds around 204,500 shares, worth $2.4 million. At the same time, Royce & Associates revealed a $2.2 million stake, which contains 190,000 shares, almost doubled over the quarter.

Among other latest moves, made by Ariel, are companies like Dover Motorsports, Inc. (NYSE:DVD), Edgewater Technology Inc. (NASDAQ:EDGW), Stanley Furniture Co. (NASDAQ:STLY), and Versar Inc. (NYSEMKT:VSR). The fund initiated a 2.1 million shares position in Stanley Furniture, increased its holding in Edgewater to 16.1%, and boosted its holding in Dover Motorsports to 3.22 million shares, from 2.0 million held earlier. In Versar, Ariel revealed holding 1.61 million shares, up from 1.26 million owned earlier.

Disclosure: none

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