N-PORT filing recap · December 2025
What did Ariel Appreciation Fund buy in December 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
$884.76M
Positions
42
Estimated turnover
16.3%
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 Omnicom Group and Factset Research Systems while exiting Interpublic Group. The fund substantially reduced Sphere Entertainment and Kennametal, and trimmed Jones Lang Lasalle, Nvent Electric, Resideo Technologies, and CBRE Group. It added moderately to Prestige Consumer Healthcare, Axalta Coating Systems, Middleby, J. M. Smucker, and Molson Coors Beverage, with smaller increases across Charles River Laboratories, Norwegian Cruise Line, and others.