13F-HR 1 c74720e13fvhr.txt FORM 13F - HOLDING REPORT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 12/31/02 --------------------------- Check here if Amendment [ ]; Amendment Number: -------- This Amendment (Check only one.): [ ] is a restatement. [X ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Ariel Capital Management, Inc. ------------------------------------------ Address: 200 E. Randolph Drive ------------------------------------------ Suite 2900 ------------------------------------------ Chicago, IL 60601 ------------------------------------------ Form 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: Cheryl A. Cargie -------------------------------------------- Title: VP, Head Trader -------------------------------------------- Phone: 312-726-0140 -------------------------------------------- Signature, Place, and Date of Signing: /s/ Cheryl A. Cargie Chicago, IL 2-13-03 --------------------- -------------------------------------- --------------- [Signature] [City, State] [Date] Report Type (Check only one.): [ X ] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: [If there are no entries in this list, omit this section.] Form 13F File Number Name 28- ------------- ----------------------------------------- [Repeat as necessary.] FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 ----------------------- Form 13F Information Table Entry Total: 146 ----------------------- Form 13F Information Table Value Total: $9,853,681,000 ----------------------- (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] NONE ARIEL CAPITAL MANAGEMENT FORM 13F INFORMATION TABLE AS OF DATE : 12/31/02 ------------------------------------------------------------------------------------------------------------------------------------ COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------------------------------------------------------------------------------------------------------------------------ NAMES OF TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY ISSUER CLASS CUSIP [x$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ------------------------------------------------------------------------------------------------------------------------------------ ACCENTURE LTD. COM G1150G111 59813 3324780 SH SOLE 2440675 0 884105 ACCENTURE LTD. COM G1150G111 997 55400 SH OTHER 39800 0 15600 AMERICAN GREETINGS CORP. COM 026375105 220139 13932837 SH SOLE 12556587 0 1376250 ANDREW CORP. COM 034425108 94449 9187653 SH SOLE 8402153 0 785500 ANIXTER INTERNATIONAL, INC. COM 035290105 102003 4387244 SH SOLE 4004844 0 382400 APOGENT TECHNOLOGIES COM 03760A101 171916 8265196 SH SOLE 5935095 0 2330101 APOGENT TECHNOLOGIES COM 03760A101 2091 100510 SH OTHER 66860 0 33650 AVERY DENNISON CORP. COM 053611109 39478 646338 SH SOLE 489137 0 157201 AVERY DENNISON CORP. COM 053611109 570 9340 SH OTHER 7715 0 1625 BAUSCH & LOMB, INC. COM 071707103 163231 4534190 SH SOLE 3749461 0 784729 BAUSCH & LOMB, INC. COM 071707103 846 23490 SH OTHER 17665 0 5825 BLACK & DECKER CORP. COM 091797100 163690 3816504 SH SOLE 2786235 0 1030269 BLACK & DECKER CORP. COM 091797100 2140 49890 SH OTHER 34040 0 15850 BLOCK H & R INC. COM 093671105 62508 1554924 SH SOLE 1151627 0 403297 BLOCK H & R INC. COM 093671105 823 20485 SH OTHER 13135 0 7350 BOB EVANS FARMS, INC. COM 096761101 128855 5518400 SH SOLE 4949725 0 568675 BRADY CORP. COM 104674106 187199 5613175 SH SOLE 5095250 0 517925 BRADY CORP. COM 104674106 146 4380 SH OTHER 4380 0 0 CARNIVAL CORP. COM 143658102 119286 4781009 SH SOLE 3311830 0 1469179 CARNIVAL CORP. COM 143658102 1732 69400 SH OTHER 44500 0 24900 CENDANT CORP. COM 151313103 143941 13734798 SH SOLE 9790196 0 3944602 CENDANT CORP. COM 151313103 1948 185900 SH OTHER 122400 0 63500 CENTURYTEL, INC. COM 156700106 166200 5656903 SH SOLE 4123870 0 1533033 CENTURYTEL, INC. COM 156700106 2278 77525 SH OTHER 54300 0 23225 CERTEGY INC. COM 156880106 72817 2966077 SH SOLE 2141696 0 824381 CERTEGY INC. COM 156880106 966 39351 SH OTHER 25476 0 13875 CLOROX CO. COM 189054109 128012 3103321 SH SOLE 2233520 0 869801 CLOROX CO. COM 189054109 1615 39150 SH OTHER 25600 0 13550 DEVRY, INC. COM 251893103 47300 2847675 SH SOLE 2598075 0 249600 DEVRY, INC. COM 251893103 19 1150 SH OTHER 1150 0 0 DIAL CORP. COM 25247D101 143403 7039902 SH SOLE 6422352 0 617550 DIAL CORP. COM 25247D101 68 3315 SH OTHER 3315 0 0 DUN & BRADSTREET CORP. COM 26483E+104 140030 4060021 SH SOLE 2963882 0 1096139 DUN & BRADSTREET CORP. COM 26483E+104 1768 51247 SH OTHER 33547 0 17700 ENERGIZER HLDGS, INC. COM 29266R108 296749 10636181 SH SOLE 8762223 0 1873958 ENERGIZER HLDGS, INC. COM 29266R108 1725 61830 SH OTHER 41805 0 20025 EQUIFAX INC. COM 294429105 140804 6084871 SH SOLE 4427170 0 1657701 EQUIFAX INC. COM 294429105 1867 80700 SH OTHER 53250 0 27450 FORTUNE BRANDS INC. COM 349631101 100221 2154830 SH SOLE 1584660 0 570170 FORTUNE BRANDS INC. COM 349631101 1317 28325 SH OTHER 18500 0 9825 FRANKLIN RES INC. COM 354613101 99100 2907870 SH SOLE 2082683 0 825187 FRANKLIN RES INC. COM 354613101 1350 39615 SH OTHER 26040 0 13575 GENERAL BINDING CORP. COM 369154109 31612 3727774 SH SOLE 3362924 0 364850 GENERAL BINDING CORP. COM 369154109 11 1325 SH OTHER 1325 0 0 GRACO, INC. COM 384109104 197205 6883235 SH SOLE 6220655 0 662580 GRACO, INC. COM 384109104 184 6405 SH OTHER 6405 0 0 GREY GLOBAL GROUP, INC. COM 39787M108 207129 338945 SH SOLE 307652 0 31293 HARTE-HANKS COMM, INC. COM 416196103 85599 4584835 SH SOLE 3241038 0 1343797 HARTE-HANKS COMM, INC. COM 416196103 1183 63355 SH OTHER 41555 0 21800 HASBRO INC. COM 418056107 205150 17761901 SH SOLE 14702759 0 3059142 HASBRO INC. COM 418056107 1246 107865 SH OTHER 82590 0 25275
------------------------------------------------------------------------------------------------------------------------------------ COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------------------------------------------------------------------------------------------------------------------------ NAMES OF TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY ISSUER CLASS CUSIP [x$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ------------------------------------------------------------------------------------------------------------------------------------ HCC INSURANCE HOLDINGS, INC. COM 404132102 171289 6962951 SH SOLE 6356141 0 606810 HCC INSURANCE HOLDINGS, INC. COM 404132102 48 1955 SH OTHER 1955 0 0 HORACE MANN EDUCATORS CORP. COM 440327104 164642 10739887 SH SOLE 9782087 0 957800 IDEX CORP. COM 45167R104 178109 5446758 SH SOLE 4965808 0 480950 IDEX CORP. COM 45167R104 78 2375 SH OTHER 2375 0 0 IMS HEALTH INC. COM 449934108 100922 6307613 SH SOLE 4709387 0 1598226 IMS HEALTH INC. COM 449934108 1582 98865 SH OTHER 68065 0 30800 INTERFACE, INC. COM 458665106 29348 9559669 SH SOLE 8682419 0 877250 INTERFACE, INC. COM 458665106 12 3990 SH OTHER 3990 0 0 INTERPUBLIC GROUP COS INC. COM 460690100 106388 7555979 SH SOLE 5379863 0 2176116 INTERPUBLIC GROUP COS INC. COM 460690100 1273 90395 SH OTHER 55195 0 35200 INVACARE CORP. COM 461203101 194879 5852226 SH SOLE 5336676 0 515550 INVACARE CORP. COM 461203101 75 2250 SH OTHER 2250 0 0 ISHARES TR RUSSELL MIDCAP COM 464287473 3438 50160 SH SOLE 20810 0 29350 JONES APPAREL GROUP INC. COM 480074103 108950 3074203 SH SOLE 2088490 0 985713 JONES APPAREL GROUP INC. COM 480074103 1701 48000 SH OTHER 33625 0 14375 JONES LANG LASALLE, INC. COM 48020Q107 117085 7612811 SH SOLE 6863011 0 749800 JONES LANG LASALLE, INC. COM 48020Q107 53 3450 SH OTHER 3450 0 0 JOURNAL REGISTER, CO. COM 481138105 108870 6123164 SH SOLE 5520414 0 602750 KROGER CO. COM 501044101 64627 4182947 SH SOLE 2835735 0 1347212 KROGER CO. COM 501044101 958 61990 SH OTHER 38690 0 23300 LEE ENTERPRISES, INC. COM 523768109 250509 7473416 SH SOLE 6751799 0 721617 LEE ENTERPRISES, INC. COM 523768109 178 5300 SH OTHER 5300 0 0 LEGGETT & PLATT INC. COM 524660107 95453 4253680 SH SOLE 2955913 0 1297767 LEGGETT & PLATT INC. COM 524660107 974 43425 SH OTHER 28200 0 15225 LIBBEY, INC. COM 529898108 74497 2865270 SH SOLE 2582370 0 282900 LITTELFUSE, INC. COM 537008104 54668 3242486 SH SOLE 2928336 0 314150 LONGS DRUG STORES CORP. COM 543162101 92067 4439118 SH SOLE 4003918 0 435200 LONGS DRUG STORES CORP. COM 543162101 75 3630 SH OTHER 3630 0 0 MARKEL CORP. COM 570535104 237628 1156339 SH SOLE 1052004 0 104335 MARKEL CORP. COM 570535104 76 370 SH OTHER 370 0 0 MATTHEWS INTL CORP. COM 577128101 81410 3645605 SH SOLE 3311805 0 333800 MATTHEWS INTL CORP. COM 577128101 79 3560 SH OTHER 3560 0 0 MBIA, INC. COM 55262C100 136550 3113318 SH SOLE 2313277 0 800041 MBIA, INC. COM 55262C100 1647 37542 SH OTHER 27182 0 10360 MBNA CORP. COM 55262L100 147332 7746137 SH SOLE 5372816 0 2373321 MBNA CORP. COM 55262L100 2163 113706 SH OTHER 78669 0 35037 MCCLATCHY CO. COM 579489105 119316 2103223 SH SOLE 1536855 0 566368 MCCLATCHY CO. COM 579489105 1523 26840 SH OTHER 18090 0 8750 MCCORMICK & CO INC. COM 579780206 222813 9604007 SH SOLE 7909902 0 1694105 MCCORMICK & CO INC. COM 579780206 1405 60550 SH OTHER 45950 0 14600 MCDONALD'S CORP. COM 580135101 63868 3971915 SH SOLE 2654125 0 1317790 MCDONALD'S CORP. COM 580135101 992 61700 SH OTHER 40900 0 20800 MILLER HERMAN INC. COM 600544100 169683 9221912 SH SOLE 8516987 0 704925 MILLER HERMAN INC. COM 600544100 55 2990 SH OTHER 2990 0 0 NEIMAN MARCUS GROUP COM 640204202 210487 6926187 SH SOLE 6311637 0 614550 NEIMAN MARCUS GROUP COM 640204202 61 2020 SH OTHER 2020 0 0 NORTHERN TRUST CORP. COM 665859104 99692 2844291 SH SOLE 2036975 0 807316 NORTHERN TRUST CORP. COM 665859104 1283 36605 SH OTHER 23605 0 13000 OMNICOM GROUP INC. COM 681919106 68649 1062685 SH SOLE 765854 0 296831 OMNICOM GROUP INC. COM 681919106 991 15335 SH OTHER 8810 0 6525
------------------------------------------------------------------------------------------------------------------------------------ COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------------------------------------------------------------------------------------------------------------------------ NAMES OF TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY ISSUER CLASS CUSIP [x$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ------------------------------------------------------------------------------------------------------------------------------------ ONEIDA LTD. COM 682505102 35629 3230157 SH SOLE 2927357 0 302800 ONEIDA LTD. COM 682505102 14 1265 SH OTHER 1265 0 0 PARK PL ENTMT CORP. COM 700690100 54697 6511605 SH SOLE 6004005 0 507600 PARK PL ENTMT CORP. COM 700690100 37 4390 SH OTHER 4390 0 0 PEOPLES ENERGY COM 711030106 11528 298275 SH SOLE 298275 0 0 PEOPLES ENERGY COM 711030106 36 920 SH OTHER 920 0 0 PITNEY BOWES INC. COM 724479100 122092 3738272 SH SOLE 2707461 0 1030811 PITNEY BOWES INC. COM 724479100 1665 50985 SH OTHER 33510 0 17475 RADIO ONE INC. COM 75040P405 55916 3874982 SH SOLE 3498982 0 376000 ROUSE CO. COM 779273101 358098 11296464 SH SOLE 9448369 0 1848095 ROUSE CO. COM 779273101 2507 79070 SH OTHER 58945 0 20125 SAFEWAY INC. COM 786514208 76122 3258632 SH SOLE 2201330 0 1057302 SAFEWAY INC. COM 786514208 1141 48850 SH OTHER 32400 0 16450 SERVICEMASTER CO. COM 81760N109 317960 28645018 SH SOLE 24339284 0 4305734 SERVICEMASTER CO. COM 81760N109 1473 132670 SH OTHER 91420 0 41250 SMUCKER, J.M. COMPANY COM 832696405 135068 3392827 SH SOLE 3070713 0 322114 SOTHEBY HLDGS INC. COM 835898107 97313 10812515 SH SOLE 9907015 0 905500 SOTHEBY HLDGS INC. COM 835898107 25 2750 SH OTHER 2750 0 0 STEELCASE INC. COM 858155203 95813 8742107 SH SOLE 7955807 0 786300 STILWELL FINL INC. COM 860831106 66952 5122578 SH SOLE 3527624 0 1594954 STILWELL FINL INC. COM 860831106 1008 77115 SH OTHER 52915 0 24200 SUNGARD DATA SYS INC. COM 867363103 152166 6458657 SH SOLE 4696325 0 1762332 SUNGARD DATA SYS INC. COM 867363103 2173 92225 SH OTHER 63575 0 28650 SYBRON DENTAL SPECIALTIES INC. COM 871142105 83452 5619658 SH SOLE 5221908 0 397750 SYBRON DENTAL SPECIALTIES INC. COM 871142105 33 2255 SH OTHER 2255 0 0 T ROWE PRICE GROUP INC. COM 74144T108 78174 2865610 SH SOLE 2099800 0 765810 T ROWE PRICE GROUP INC. COM 74144T108 949 34785 SH OTHER 22935 0 11850 TIFFANY & CO COM 886547108 55159 2306952 SH SOLE 1557910 0 749042 TIFFANY & CO COM 886547108 834 34880 SH OTHER 23180 0 11700 TOYS R US INC. COM 892335100 92493 9249347 SH SOLE 6795970 0 2453377 TOYS R US INC. COM 892335100 1049 104900 SH OTHER 65700 0 39200 TRIBUNE CO. COM 896047107 130281 2865837 SH SOLE 2076610 0 789227 TRIBUNE CO. COM 896047107 1730 38055 SH OTHER 25805 0 12250 VALASSIS COMMUNICATIONS INC. COM 918866104 164458 5588118 SH SOLE 5081368 0 506750 VALASSIS COMMUNICATIONS INC. COM 918866104 139 4725 SH OTHER 4725 0 0 WADDELL & REED FINL INC. COM 930059100 58509 2974522 SH SOLE 2689722 0 284800 WADDELL & REED FINL INC. COM 930059100 36 1850 SH OTHER 1850 0 0 WASTE MGMT INC COM 94106L109 60331 2632263 SH SOLE 1222650 0 1409613 WASTE MGMT INC COM 94106L109 1453 63400 SH OTHER 41700 0 21700 WMS INDS INC. COM 929297109 67991 4538790 SH SOLE 4123140 0 415650 XL CAPITAL LTD. COM G98255105 156986 2032187 SH SOLE 1471581 0 560606 XL CAPITAL LTD. COM G98255105 2124 27495 SH OTHER 19095 0 8400 YUM BRANDS INC. COM 988498101 72370 2988023 SH SOLE 2212240 0 775783 YUM BRANDS INC. COM 988498101 1005 41500 SH OTHER 27400 0 14100