N-PORT filing recap · September 2020

What did Ariel Global Fund buy in September 2020?

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

$89.19M

Positions

Estimated turnover

9.9%

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

NOVNNovartis AG$160.2Kreported value+1.8K shares HOThales SA$106.9Kreported value+1.4K shares

Increased positions

MSFTMicrosoft Corporation$10.63Mreported value+1.1K shares+2.3%BIDUBaidu, Inc.$6.29Mreported value+1.3K shares+2.6%PMPhilip Morris International Inc.$5.60Mreported value+1.5K shares+2.0%GSKGsk Plc$5.29Mreported value+3.4K shares

Reduced positions

7974Nintendo Co Ltd$4.55Mreported value-900 shares-10.1%FLFoot Locker Inc$927.9Kreported value-3.9K shares-12.2%SAFRYSafran SA$222.6Kreported value-464 shares-17.1%IGMIgm Financial Inc.$200.9Kreported value-1.2K shares

Exited positions

ACIAAcacia Communications Inc$500.0Kprior reported value-7.4K shares-100.0%EOGEog Resources, Inc.$484.2Kprior reported value-9.6K shares-100.0%IBKRInteractive Brokers Group, Inc.$348.2Kprior reported value-8.3K shares-100.0%DFSDiscover Financial Services$181.2Kprior reported value