N-PORT filing recap · June 2022

What did Ariel International Fund buy in June 2022?

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

$622.98M

Positions

Estimated turnover

25.0%

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

MLCompagnie Generale Des Etablissements Michelin Sca$32.95Mreported value+1.21M shares HLUYYH. Lundbeck A/s$5.33Mreported value+1.10M shares AMIGYAdmiral Group Plc$4.84Mreported value+177.0K shares HLUYYH. Lundbeck A/s$1.32Mreported value+274.3K shares

Increased positions

PMPhilip Morris International Inc.$48.15Mreported value+20.8K shares+4.5%GSKGsk Plc$47.08Mreported value+32.9K shares+1.5%ELEEndesa SA$34.51Mreported value+308.4K shares+20.3%BIDUBaidu, Inc.$32.44Mreported value+9.0K shares

Reduced positions

ADRNYKoninklijke Ahold Delhaize N.v.$29.54Mreported value-116.3K shares-9.3%7974Nintendo Co Ltd$21.80Mreported value-28.4K shares-36.0%HOThales SA$3.68Mreported value-24.3K shares-44.7%TSYHFTravelsky Technology Ltd.$1.97Mreported value-117.0K shares

Exited positions

MGDDYCompagnie Generale Des Etablissements Michelin Sca$34.70Mprior reported value-256.0K shares-100.0%HLUN.AH. Lundbeck A/s$6.32Mprior reported value-274.3K shares-100.0%