N-PORT filing recap · March 2022

What did Ariel Global Fund buy in March 2022?

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

$156.95M

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

BNPBnp Paribas SA$1.36Mreported value+23.9K shares CBGPYClose Brothers Group Plc$172.3Kreported value+11.1K shares ELFTYElement Fleet Management Corp$87.5Kreported value+9.0K shares

Increased positions

BIDUBaidu, Inc.$9.37Mreported value+8.7K shares+14.0%GILDGilead Sciences, Inc.$8.94Mreported value+8.5K shares+6.0%MGDDYCompagnie Generale Des Etablissements Michelin Sca$5.68Mreported value+3 shares+0.0%KTCIFKT&G Corp.$4.47Mreported value+903 shares

Reduced positions

TCOMTrip.com Group Limited$1.99Mreported value-1.1K shares-1.3%BRK.BBerkshire Hathaway Inc$580.9Kreported value-15.9K shares-90.6%JAPAYJapan Tobacco Inc.$247.6Kreported value-109.2K shares-88.3%

Exited positions

NVONovo Nordisk A/s$644.1Kprior reported value-5.7K shares-100.0%