N-PORT filing recap · September 2022

What did Ariel Global Fund buy in September 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

$138.17M

Positions

Estimated turnover

23.1%

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

GSKGsk Plc$7.01Mreported value+485.3K shares VIVT3Telefonica Brasil S.a.$1.51Mreported value+201.4K shares HLNHaleon Plc$1.51Mreported value+484.4K shares ITGGFItalgas Spa$357.6Kreported value+77.0K shares

Increased positions

EQCEquity Commonwealth$7.25Mreported value+110.0K shares+58.6%MLCompagnie Generale Des Etablissements Michelin Sca$5.30Mreported value+20.9K shares+9.7%ELEEndesa SA$4.65Mreported value+38.1K shares+14.0%VZVerizon Communications Inc$4.33Mreported value+27.7K shares

Reduced positions

BBSEYBb Seguridade Participacoes S.a.$3.42Mreported value-36.9K shares-5.1%DOXAmdocs Ltd$3.16Mreported value-9.2K shares-18.8%BRDCYBridgestone Corporation$2.24Mreported value-9.2K shares-11.7%TSYHFTravelsky Technology Ltd.$742.1Kreported value-3.0K shares

Exited positions

GSKGsk Plc$10.41Mprior reported value-484.4K shares-100.0%VIVT3Telefonica Brasil S.a.$1.81Mprior reported value-201.4K shares-100.0%JAPAYJapan Tobacco Inc.$250.7Kprior reported value-14.5K shares-100.0%HLUYYH. Lundbeck A/s$93.8Kprior reported value-19.5K shares