N-PORT filing recap · June 2022

What did Ariel Focus Fund buy in June 2022?

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

$59.90M

Positions

Estimated turnover

9.4%

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.

Increased positions

GSThe Goldman Sachs Group, Inc.$3.40Mreported value+2.1K shares+22.2%BOKFBok Financial Corp$3.14Mreported value+7.5K shares+22.2%BWABorgwarner Inc$3.09Mreported value+2.5K shares+2.8%NTRSNorthern Trust Corp$2.79Mreported value+6.5K shares+29.3%MHKMohawk Industries, Inc.$2.64Mreported value+2.5K shares+13.2%REZIResideo Technologies, Inc.$2.51Mreported value+16.0K shares+14.1%ZIMVZimvie Inc.$1.65Mreported value+19.9K shares+23.9%BYDBoyd Gaming Corp$1.29Mreported value+7.5K shares+40.1%

Reduced positions

APAApa Corporation$3.82Mreported value-25.6K shares-19.0%MOSMosaic Co$3.40Mreported value-4.1K shares-5.3%SJMThe J. M. Smucker Company$1.38Mreported value-2.9K shares-21.2%

Exited positions

NLSNNielsen Holdings Plc$1.48Mprior reported value-54.5K shares-100.0%