N-PORT filing recap · December 2023

What did Ariel International Fund buy in December 2023?

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

$338.00M

Positions

Estimated turnover

76.7%

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

DANSKEDanske Bank A/s$18.01Mreported value+674.0K shares FMSFresenius Medical Care AG$15.32Mreported value+365.6K shares 005930Samsung Electronics Co Ltd$8.33Mreported value+137.2K shares KBKb Financial Group Inc.$7.21Mreported value+172.8K shares TSMTaiwan Semiconductor Manufacturing$4.22Mreported value+40.6K shares GBOOYGrupo Financiero Banorte S.a.b. De C.v.$3.85Mreported value+76.7K shares WZZAFWizz Air Holdings Plc$1.43Mreported value+50.8K shares

Increased positions

BRDCYBridgestone Corporation$23.05Mreported value+40.7K shares+7.9%6592Mabuchi Motor Co., Ltd.$1.75Mreported value+44.6K shares+73.6%

Reduced positions

7270Subaru Corp$22.26Mreported value-147.9K shares-10.9%CHKPCheck Point Software Technologies Ltd.$21.89Mreported value-17.3K shares-10.8%BNPBnp Paribas SA$21.10Mreported value-80.2K shares-20.8%SNYSanofi$16.01Mreported value-3.0K shares

Exited positions

O2DTelefonica Deutschland Holding AG$17.26Mprior reported value-9.63M shares-100.0%BAPCredicorp Ltd$6.67Mprior reported value-52.1K shares-100.0%ITUBItau Unibanco Holding S.a.$4.97Mprior reported value-925.2K shares-100.0%HLNHaleon Plc$3.13Mprior reported value-753.8K shares