N-PORT filing recap · December 2019

What did Ariel Global Fund buy in December 2019?

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

Stock value

$89.91M

Positions

Estimated turnover

16.0%

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

VODVodafone Group Public Ltd Co$53.9Kreported value+27.7K shares IDCCInterdigital, Inc.$51.7Kreported value+948 shares 2474Catcher Technology Co., Ltd.$45.4Kreported value+6.0K shares

Increased positions

MSFTMicrosoft Corporation$10.37Mreported value+5.6K shares+9.3%GSKGsk Plc$6.57Mreported value+36.1K shares+14.9%941China Mobile Limited$5.67Mreported value+155.5K shares+30.0%PMPhilip Morris International Inc.$5.52Mreported value+8.9K shares

Reduced positions

KHNGYKuehne + Nagel International AG$107.3Kreported value-339 shares-34.8%