13F filing recap · Q3 2015

What did Ariel Investments buy in Q3 2015?

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

$8.03B

Positions

187

Estimated turnover

12.0%

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

MEGMedia General Inc$37.94Mreported value+2.71M shares PGRProgressive Corp/oh/$34.19Mreported value+1.12M shares RTKRentech Inc$17.84Mreported value+3.18M shares RELLRichardson Electronics, Ltd.$6.81Mreported value+1.15M shares EOGEog Resources, Inc.$3.07Mreported value+42.1K shares WECWec Energy Group, Inc.$2.88Mreported value+55.1K shares GAIAGaia, Inc$1.41Mreported value+228.4K shares ESIOElectro Scientific Industries, Inc.$1.19Mreported value+256.2K shares BWENBroadwind, Inc.$553.0Kreported value+266.9K shares

Increased positions

KMTKennametal Inc$239.26Mreported value+1.40M shares+17.1%SJMThe J. M. Smucker Company$220.75Mreported value+43.8K shares+2.3%IPGThe Interpublic Group of Companies, Inc.$195.78Mreported value+363.8K shares+3.7%WUThe Western Union Company$193.47Mreported value+218.0K shares

Reduced positions

FAFFirst American Financial Corporation$270.92Mreported value-751.0K shares-9.8%LAZLazard, Inc.$238.83Mreported value-74.6K shares-1.3%JLLJones Lang Lasalle Incorporated$169.78Mreported value-198.5K shares-14.4%SWKStanley Black & Decker, Inc.$144.15Mreported value-44.5K shares

Exited positions

RTKRentech Inc$25.33Mprior reported value-23.68M shares-100.0%BOBEBob Evans Farms, Inc.$10.50Mprior reported value-205.7K shares-100.0%CVSCVS Health Corp$8.69Mprior reported value-82.9K shares-100.0%ALTRAltera Corp$4.32Mprior reported value-84.4K shares