N-PORT filing recap · June 2022

What did Ariel Appreciation Fund buy in June 2022?

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

$1.09B

Positions

Estimated turnover

17.2%

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

REZIResideo Technologies, Inc.$21.28Mreported value+1.10M shares

Increased positions

NTRSNorthern Trust Corp$47.90Mreported value+39.6K shares+8.7%GSThe Goldman Sachs Group, Inc.$46.09Mreported value+14.6K shares+10.4%SCHWSchwab Charles Corp$45.05Mreported value+205.1K shares+40.4%LHLabcorp Holdings Inc.$39.04Mreported value+10.3K shares

Reduced positions

MATMattel Inc /de/$42.28Mreported value-421.5K shares-18.2%AFLAflac Inc$31.42Mreported value-192.4K shares-25.3%WBAWalgreens Boots Alliance Inc$30.39Mreported value-85.5K shares-9.6%CAHCardinal Health, Inc.$28.07Mreported value-50.4K shares

Exited positions

NLSNNielsen Holdings Plc$19.83Mprior reported value-727.9K shares-100.0%