N-PORT filing recap · December 2023

What did Ariel Focus Fund buy in December 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

$65.88M

Positions

Estimated turnover

11.8%

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

MHKMohawk Industries, Inc.$3.28Mreported value+1.6K shares+5.2%ORCLOracle Corporation$3.26Mreported value+1.6K shares+5.3%BACBank of America Corp$3.12Mreported value+10.1K shares+12.2%REZIResideo Technologies, Inc.$3.04Mreported value+9.3K shares+6.1%CVXChevron Corp$2.49Mreported value+11.7K shares+232.4%PHINPhinia Inc.$2.28Mreported value+5.1K shares+7.3%BYDBoyd Gaming Corp$2.12Mreported value+7.8K shares+30.1%MSGEMadison Square Garden Entertainment Corp.$1.57Mreported value+4.7K shares+10.4%

Reduced positions

SNASnap-On Inc$4.39Mreported value-569 shares-3.6%MSGSMadison Square Garden Sports Corp.$2.07Mreported value-920 shares-7.5%FAFFirst American Financial Corporation$1.99Mreported value-2.6K shares-7.9%ZIMVZimvie Inc.$1.68Mreported value-70.7K shares

Exited positions

KVUEKenvue Inc.$563.2Kprior reported value-28.0K shares-100.0%