13F filing recap · Q3 2020

What did Ariel Investments buy in Q3 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

$6.89B

Positions

142

Estimated turnover

13.3%

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

FLIRFlir Systems, Inc.$22.66Mreported value+632.0K shares MINDMind Technology, Inc$5.01Mreported value+2.41M shares PSTHPershing Square Tontine Holdings, Ltd.$1.96Mreported value+86.2K shares CRAICra International, Inc.$1.00Mreported value+26.8K shares OSSOne Stop Systems, Inc.$150.0Kreported value+71.3K shares

Increased positions

BIDUBaidu, Inc.$360.64Mreported value+111.2K shares+4.1%PMPhilip Morris International Inc.$342.53Mreported value+130.7K shares+2.9%SRCLStericycle, Inc.$186.49Mreported value+41.7K shares+1.4%LAZLazard, Inc.$181.85Mreported value+105.1K shares

Reduced positions

MSFTMicrosoft Corporation$331.33Mreported value-65.1K shares-4.0%MATMattel Inc /de/$201.41Mreported value-473.4K shares-2.7%BRK.BBerkshire Hathaway Inc$151.34Mreported value-38.9K shares-5.2%NTRSNorthern Trust Corp$138.11Mreported value-37.8K shares

Exited positions

ACIAAcacia Communications Inc$17.48Mprior reported value-260.2K shares-100.0%EOGEog Resources, Inc.$16.05Mprior reported value-316.9K shares-100.0%IBKRInteractive Brokers Group, Inc.$11.51Mprior reported value-275.7K shares-100.0%RSTRosetta Stone Inc.$9.90Mprior reported value-587.2K shares