N-PORT filing recap · December 2021

What did Ariel Global Fund buy in December 2021?

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

$158.46M

Positions

Estimated turnover

20.0%

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

RKTReckitt Benckiser Group Plc$275.8Kreported value+3.2K shares

Increased positions

BAPCredicorp Ltd$5.48Mreported value+2.9K shares+6.8%TCOMTrip.com Group Limited$2.15Mreported value+27.4K shares+45.8%TIMS3Tim S.a.$1.49Mreported value+57.6K shares+10.1%DIISYDirect Line Insurance Group Plc$1.38Mreported value+97.4K shares

Reduced positions

MSFTMicrosoft Corporation$19.75Mreported value-12.0K shares-16.9%GSKGsk Plc$10.90Mreported value-102.0K shares-16.9%GILDGilead Sciences, Inc.$10.30Mreported value-28.9K shares-16.9%PMPhilip Morris International Inc.$10.05Mreported value-29.4K shares

Exited positions

UMGUniversal Music Group N.v.$549.1Kprior reported value-20.5K shares-100.0%NOKNokia Corp$384.4Kprior reported value-70.5K shares-100.0%NGNational Grid Plc$378.0Kprior reported value-31.7K shares-100.0%VIVVivendi SE$258.2Kprior reported value-20.5K shares