N-PORT filing recap · June 2025

What did Ariel Global Fund buy in June 2025?

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

$51.93M

Positions

Estimated turnover

54.9%

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

FSLRFirst Solar, Inc.$1.43Mreported value+8.6K shares LSRCYLasertec Corporation$997.4Kreported value+7.4K shares CIADYChina Mengniu Dairy Co Ltd$900.4Kreported value+439.0K shares ZBHZimmer Biomet Holdings, Inc.$673.1Kreported value+7.4K shares 6361Ebara Corporation$621.2Kreported value+32.2K shares 1590Airtac International Group$566.5Kreported value+19.0K shares BBVABanco Bilbao Vizcaya Argentaria, S.a.$558.1Kreported value+36.3K shares DISWalt Disney Co/$537.2Kreported value+4.3K shares LTMCLottomatica Group Spa$526.0Kreported value+19.0K shares

Increased positions

MSFTMicrosoft Corporation$3.29Mreported value+3.0K shares+84.6%CVSCVS Health Corp$2.29Mreported value+3.2K shares+10.6%SIESiemens Aktiengesellschaft$2.23Mreported value+2.7K shares+45.2%2330Taiwan Semiconductor Manufacturing$1.96Mreported value+6.0K shares

Reduced positions

FMSFresenius Medical Care AG$1.68Mreported value-8.3K shares-22.0%TSCDYTesco Plc$1.57Mreported value-134.2K shares-32.0%VZVerizon Communications Inc$1.40Mreported value-9.8K shares-23.2%SGAMYSega Sammy Holdings Inc.$1.31Mreported value-4.2K shares

Exited positions

CNHCnh Industrial N.v.$799.4Kprior reported value-65.1K shares-100.0%7270Subaru Corp$689.5Kprior reported value-38.5K shares-100.0%BNPBnp Paribas SA$675.6Kprior reported value-8.1K shares-100.0%KBCSYKbc Group NV$609.2Kprior reported value-6.7K shares