N-PORT filing recap · June 2023

What did Ariel Focus Fund buy in June 2023?

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

$65.04M

Positions

Estimated turnover

9.1%

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.

New positions

MSGEMadison Square Garden Entertainment Corp.$1.16Mreported value+34.5K shares LESLLeslie’s, Inc.$952.8Kreported value+101.5K shares

Increased positions

MHKMohawk Industries, Inc.$2.78Mreported value+4.3K shares+18.8%REZIResideo Technologies, Inc.$2.50Mreported value+6.4K shares+4.8%BACBank of America Corp$2.22Mreported value+12.4K shares+19.2%WUThe Western Union Company$1.89Mreported value+47.2K shares

Reduced positions

BWABorgwarner Inc$4.18Mreported value-3.8K shares-4.3%ORCLOracle Corporation$3.69Mreported value-4.4K shares-12.3%LAZLazard, Inc.$1.41Mreported value-5.7K shares-11.5%ZBHZimmer Biomet Holdings, Inc.$418.3Kreported value-3.9K shares