13F filing recap · Q3 2013

What did Ariel Investments buy in Q3 2013?

Reported stock-position changes between this filing and the previous one. US-listed stocks across every Ariel-managed account, including accounts that belong to no fund below.

Stock value

$6.87B

Positions

173

Estimated turnover

13.5%

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

SLCAU.s. Silica Holdings, Inc.$51.90Mreported value+2.08M shares RNWARealnetworks Inc$12.74Mreported value+1.49M shares QUMUQumu Corporation$8.05Mreported value+648.7K shares APAApa Corporation$3.45Mreported value+40.6K shares CVSCVS Health Corp$3.16Mreported value+55.7K shares BRCMBroadcom Corporation$3.00Mreported value+115.2K shares TUMITumi Holdings, Inc.$2.70Mreported value+133.9K shares MOSMosaic Co$2.37Mreported value+55.2K shares PXPraxair, Inc.$1.54Mreported value+12.8K shares USBUS Bancorp$1.20Mreported value+32.9K shares WMTWalmart Inc.$1.19Mreported value+16.1K shares VTVanguard International Equity Index Funds$1.18Mreported value+21.3K shares RKUSRuckus Wireless, Inc.$1.11Mreported value+65.9K shares PMPhilip Morris International Inc.$957.0Kreported value+11.1K shares GPNGlobal Payments Inc.$727.0Kreported value+14.2K shares AZTAAzenta, Inc.$715.0Kreported value+76.8K shares BRK.BBerkshire Hathaway Inc$665.0Kreported value+5.9K shares SSUPSuperior Industries International, Inc.$660.0Kreported value+37.0K shares HSBCHSBC Holdings Plc$637.0Kreported value+11.7K shares ALVAutoliv, Inc.$618.0Kreported value+7.1K shares PNCThe Pnc Financial Services Group, Inc.$599.0Kreported value+8.3K shares OXYOccidental Petroleum Corporation$397.0Kreported value+4.2K shares EMCEmc Corp$396.0Kreported value+15.5K shares CAJPYCanon Inc.$373.0Kreported value+11.7K shares BTUSDBt Group Plc$306.0Kreported value+5.5K shares VIVTelefonica Brasil S.a.$306.0Kreported value+13.6K shares STLYHg Holdings, Inc.$241.0Kreported value+65.1K shares EXPDExpeditors International of Washington, Inc.$223.0Kreported value+5.1K shares IWCiShares Trust$212.0Kreported value+3.1K shares

Increased positions

FAFFirst American Financial Corporation$239.59Mreported value+1.19M shares+13.7%JLLJones Lang Lasalle Incorporated$210.53Mreported value+547.2K shares+29.3%ISCAInternational Speedway Corporation$182.03Mreported value+303.4K shares+5.7%JNSJanus Capital Group Inc.$165.61Mreported value

Reduced positions

IPGThe Interpublic Group of Companies, Inc.$248.75Mreported value-2.08M shares-12.6%LAZLazard, Inc.$243.59Mreported value-119.4K shares-1.7%GCIGannett Co. Inc.$202.83Mreported value-126.8K shares-1.6%WUThe Western Union Company$196.77Mreported value-147.1K shares

Exited positions

MKLMarkel Group Inc.$8.90Mprior reported value-16.9K shares-100.0%JAKKJakks Pacific, Inc.$8.72Mprior reported value-775.2K shares-100.0%LEDRMarket Leader, Inc.$4.14Mprior reported value-387.0K shares-100.0%GNTXGentex Corporation$408.0Kprior reported value-17.7K shares