13F filing recap · Q3 2016

What did Ariel Investments buy in Q3 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

$8.27B

Positions

185

Estimated turnover

11.9%

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

FLRFluor Corporation$13.83Mreported value+269.6K shares SRESempra$10.69Mreported value+99.7K shares GAIAGaia, Inc$9.61Mreported value+1.33M shares ASPNAspen Aerogels, Inc.$4.30Mreported value+721.7K shares EFTTechtarget, Inc.$4.06Mreported value+503.4K shares CMECme Group Inc.$3.11Mreported value+29.8K shares FFFuturefuel Corp.$3.09Mreported value+274.1K shares GRBKGreen Brick Partners, Inc.$2.54Mreported value+306.9K shares NTTYYNippon Telegraph & Telephone Corp$211.0Kreported value+4.6K shares

Increased positions

LAZLazard, Inc.$237.84Mreported value+1.8K shares+0.0%BIDUBaidu, Inc.$180.01Mreported value+60.4K shares+6.5%JLLJones Lang Lasalle Incorporated$169.42Mreported value+23.9K shares+1.6%ZBRAZebra Technologies Corporation$160.20Mreported value+100.0K shares

Reduced positions

KMTKennametal Inc$271.05Mreported value-1.05M shares-10.1%FAFFirst American Financial Corporation$216.37Mreported value-158.5K shares-2.8%LHLabcorp Holdings Inc.$197.81Mreported value-76.1K shares-5.0%IPGThe Interpublic Group of Companies, Inc.$171.59Mreported value-216.7K shares

Exited positions

TUMITumi Holdings, Inc.$52.73Mprior reported value-1.97M shares-100.0%GAIAGaia, Inc$11.79Mprior reported value-1.52M shares-100.0%SKULSkullcandy, Inc.$11.44Mprior reported value-1.86M shares-100.0%QLGCQlogic Corporation$8.05Mprior reported value-546.0K shares