N-PORT filing recap · December 2020

What did Ariel International Fund buy in December 2020?

Reported stock-position changes between this filing and the previous one. These are Ariel International Fund's own holdings, not the firm's.

Stock value

$663.02M

Positions

Estimated turnover

40.0%

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

NTPXXNorthern Institutional Funds$49.29Mreported value+49.29M shares VEAVanguard Ftse Developed Markets ETF$8.62Mreported value+182.5K shares MURGYMunich Reinsurance AG$4.84Mreported value+16.3K shares DIISYDirect Line Insurance Group Plc$2.84Mreported value+651.0K shares BNPBnp Paribas SA$2.46Mreported value+46.7K shares STJPFSt. James'S Place Plc$1.33Mreported value+85.7K shares BNMDFBanca Mediolanum Spa$806.2Kreported value+92.8K shares VIVTelefonica Brasil S.a.$395.8Kreported value+44.7K shares AZNAstrazeneca Plc$371.4Kreported value+7.4K shares

Increased positions

7974Nintendo Co Ltd$63.10Mreported value+11.7K shares+13.5%BIDUBaidu, Inc.$41.92Mreported value+41.3K shares+27.0%PMPhilip Morris International Inc.$40.15Mreported value+51.0K shares+11.7%GSKGsk Plc$36.59Mreported value+256.5K shares

Reduced positions

941China Mobile Limited$13.68Mreported value-2.31M shares-49.1%NOKNokia Corp$7.17Mreported value-767.8K shares-29.5%NTTYYNippon Telegraph & Telephone Corp$5.44Mreported value-713.2K shares-77.1%BAPCredicorp Ltd$722.8Kreported value-3.1K shares

Exited positions

9437Ntt Docomo, Inc.$16.09Mprior reported value-436.7K shares-100.0%D6S914104ROCKET INTERNET SE$4.11Mprior reported value-187.9K shares-100.0%TYRESNokian Renkaat Oyj$694.0Kprior reported value-24.5K shares-100.0%KHNGYKuehne + Nagel International AG$397.5Kprior reported value