13F filing recap · Q2 2016

What did Ariel Investments buy in Q2 2016?

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

$7.96B

Positions

192

Estimated turnover

12.7%

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

EMKREmcore Corp$4.77Mreported value+803.6K shares GLUUGlu Mobile Inc$2.72Mreported value+1.24M shares VICLVical Incorporated$2.40Mreported value+529.0K shares VARVarian Medical Systems, Inc.$1.93Mreported value+23.5K shares ACWXiShares Trust$1.45Mreported value+37.2K shares BOKFBok Financial Corp$414.0Kreported value+6.6K shares IWCiShares Trust$234.0Kreported value+3.3K shares

Increased positions

LAZLazard, Inc.$194.75Mreported value+57.6K shares+0.9%BIDUBaidu, Inc.$153.30Mreported value+96.0K shares+11.5%JLLJones Lang Lasalle Incorporated$142.76Mreported value+11.4K shares+0.8%KKRKkr & Co. Inc.$131.63Mreported value+367.9K shares

Reduced positions

KMTKennametal Inc$229.74Mreported value-500.1K shares-4.6%FAFFirst American Financial Corporation$227.92Mreported value-314.5K shares-5.3%LHLabcorp Holdings Inc.$197.35Mreported value-72.4K shares-4.6%IPGThe Interpublic Group of Companies, Inc.$182.35Mreported value-199.4K shares

Exited positions

RKUSRuckus Wireless, Inc.$21.90Mprior reported value-2.23M shares-100.0%NWLNewell Brands Inc.$13.64Mprior reported value-308.0K shares-100.0%ELRCElectro Rent Corporation$11.70Mprior reported value-1.26M shares-100.0%VICLVical Incorporated$2.17Mprior reported value-5.54M shares