N-PORT filing recap · September 2019

What did Ariel Appreciation Fund buy in September 2019?

Reported stock-position changes between this filing and the previous one. These are Ariel Appreciation Fund's own holdings, not the firm's.

Stock value

$1.28B

Positions

Estimated turnover

—

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

New positions

SWKStanley Black & Decker, Inc.$58.37Mreported value+404.2K shares NTRSNorthern Trust Corp$58.24Mreported value+624.1K shares FAFFirst American Financial Corporation$55.97Mreported value+948.4K shares AFLAflac Inc$55.41Mreported value+1.06M shares IPGThe Interpublic Group of Companies, Inc.$54.26Mreported value+2.52M shares LHLabcorp Holdings Inc.$52.70Mreported value+313.7K shares SJMThe J. M. Smucker Company$49.97Mreported value+454.2K shares PGRProgressive Corp/oh/$46.84Mreported value+606.3K shares KMTKennametal Inc$45.64Mreported value+1.48M shares BOKFBok Financial Corp$44.07Mreported value+556.8K shares LAZLazard, Inc.$42.99Mreported value+1.23M shares BWABorgwarner Inc$42.55Mreported value+1.16M shares ZBHZimmer Biomet Holdings, Inc.$40.66Mreported value+296.2K shares WTWWillis Towers Watson Plc$34.82Mreported value+180.5K shares MSGNMsg Networks Inc$32.95Mreported value+2.03M shares SNASnap-On Inc$32.83Mreported value+209.7K shares CBSCbs Corp$32.68Mreported value+809.5K shares SRCLStericycle, Inc.$32.59Mreported value+639.9K shares OMCOmnicom Group Inc.$32.52Mreported value+415.3K shares HLIHoulihan Lokey, Inc.$32.42Mreported value+719.0K shares MATMattel Inc /de/$32.41Mreported value+2.85M shares KEYSKeysight Technologies, Inc.$32.00Mreported value+329.0K shares ITWIllinois Tool Works Inc$28.22Mreported value+180.3K shares NLSNNielsen Holdings Plc$27.76Mreported value+1.31M shares CAHCardinal Health, Inc.$26.83Mreported value+568.5K shares TAPMolson Coors Beverage Co$26.57Mreported value+462.0K shares KMXCarmax, Inc.$24.15Mreported value+274.4K shares LFUSLittelfuse Inc /de$22.61Mreported value+127.5K shares CRLCharles River Laboratories International, Inc.$22.20Mreported value+167.7K shares TIFTiffany & Co.$21.40Mreported value+231.0K shares TMOThermo Fisher Scientific Inc.$20.00Mreported value+68.7K shares KKRKkr & Co. Inc.$16.69Mreported value+621.5K shares SLCAU.s. Silica Holdings, Inc.$14.89Mreported value+1.56M shares KNKnowles Corporation$13.69Mreported value+673.1K shares NOVNov Inc.$13.63Mreported value+642.8K shares JWNNordstrom Inc$13.31Mreported value+395.2K shares BXBlackstone Inc.$11.06Mreported value+226.6K shares CBRECbre Group, Inc.$9.66Mreported value+182.3K shares VIABViacom Inc.$9.53Mreported value+396.6K shares MSGSMadison Square Garden Sports Corp.$8.53Mreported value+32.4K shares JLLJones Lang Lasalle Incorporated$6.89Mreported value+49.6K shares