13F filing recap · Q2 2020

What did Ariel Investments buy in Q2 2020?

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

$6.57B

Positions

147

Estimated turnover

21.3%

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

SPHRSphere Entertainment Co.$81.02Mreported value+1.08M shares CLBCore Laboratories Inc.$42.36Mreported value+2.08M shares WBAWalgreens Boots Alliance Inc$29.22Mreported value+689.3K shares NTAPNetapp, Inc.$22.19Mreported value+500.0K shares VODVodafone Group Public Ltd Co$16.91Mreported value+1.06M shares IBKRInteractive Brokers Group, Inc.$11.51Mreported value+275.7K shares BAPCredicorp Ltd$11.22Mreported value+83.9K shares NVONovo Nordisk A/s$295.0Kreported value+4.5K shares GLAEGlassbridge Enterprises, Inc.$212.0Kreported value+2.4K shares PICOPico Holdings, Inc.$165.0Kreported value+19.6K shares RFILRf Industries Ltd$70.0Kreported value+15.0K shares

Increased positions

BIDUBaidu, Inc.$328.23Mreported value+596.4K shares+27.8%PMPhilip Morris International Inc.$310.85Mreported value+250.7K shares+6.0%MATMattel Inc /de/$171.04Mreported value+88.5K shares+0.5%SRCLStericycle, Inc.$163.22Mreported value+945 shares

Reduced positions

MSFTMicrosoft Corporation$333.83Mreported value-157.5K shares-8.8%KMTKennametal Inc$166.94Mreported value-709.7K shares-10.9%IPGThe Interpublic Group of Companies, Inc.$154.91Mreported value-234.0K shares-2.5%FAFFirst American Financial Corporation$151.92Mreported value-62.4K shares

Exited positions

DGXQuest Diagnostics Inc$47.57Mprior reported value-592.4K shares-100.0%SLBSlb Limited/nv$23.47Mprior reported value-1.74M shares-100.0%BXBlackstone Inc.$12.49Mprior reported value-274.0K shares-100.0%ITWIllinois Tool Works Inc$12.37Mprior reported value-87.0K shares