N-PORT filing recap · June 2020

What did Ariel Focus Fund buy in June 2020?

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

Stock value

$45.27M

Positions

Estimated turnover

18.2%

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

SPHRSphere Entertainment Co.$1.51Mreported value+20.2K shares

Increased positions

NLSNNielsen Holdings Plc$1.73Mreported value+14.4K shares+14.1%APAApa Corporation$1.18Mreported value+18.0K shares+25.8%

Reduced positions

SNASnap-On Inc$2.51Mreported value-1.2K shares-6.2%ORCLOracle Corporation$2.47Mreported value-6.0K shares-11.8%ZBHZimmer Biomet Holdings, Inc.$2.26Mreported value-1.6K shares-7.8%PARAParamount Global$2.19Mreported value-6.8K shares

Exited positions

BXBlackstone Inc.$419.2Kprior reported value-9.2K shares-100.0%