N-PORT filing recap · June 2025
What did Ariel Appreciation Fund buy in June 2025?
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
$840.09M
Positions
42
Estimated turnover
20.1%
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.
Period in review
Ariel Appreciation Fund opened new positions in Fiserv and Goldman Sachs, while exiting Borgwarner and Zimmer Biomet entirely. Among existing holdings, Northern Trust and J.M. Smucker were substantially trimmed, and Onespaworld Holdings was substantially increased. Charles River Laboratories, Norwegian Cruise Line, and Sphere Entertainment saw moderate additions, while moderate reductions hit Schwab Charles, Kennametal, and CBRE Group.