N-PORT filing recap · September 2023

What did Ariel Global Fund buy in September 2023?

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

$82.23M

Positions

Estimated turnover

63.4%

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

BOLSAABolsa Mexicana De Valores, S.a.b. De C.v.$3.8Kreported value+2.0K shares

Increased positions

BNPBnp Paribas SA$2.20Mreported value+1.6K shares+4.8%CHKPCheck Point Software Technologies Ltd.$1.60Mreported value+1.3K shares+12.4%KBCSYKbc Group NV$1.39Mreported value+14.5K shares+188.2%

Reduced positions

MSFTMicrosoft Corporation$6.80Mreported value-22.0K shares-50.5%BIDUBaidu, Inc.$5.17Mreported value-39.4K shares-50.5%GSKGsk Plc$4.83Mreported value-240.3K shares-47.5%PMPhilip Morris International Inc.$4.34Mreported value-47.9K shares

Exited positions

HLNHaleon Plc$591.6Kprior reported value-144.6K shares-100.0%NOVNNovartis AG$461.0Kprior reported value-4.6K shares-100.0%EDUNew Oriental Education & Technology Group Inc.$183.9Kprior reported value-4.7K shares-100.0%TCOMTrip.com Group Limited$165.4Kprior reported value-4.7K shares