13F filing recap · Q2 2021

What did Ariel Investments buy in Q2 2021?

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

$10.64B

Positions

110

Estimated turnover

12.8%

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

ADTAdt Inc.$165.24Mreported value+15.31M shares TCOMTrip.com Group Limited$20.91Mreported value+589.7K shares ABXBarrick Mining Corp$6.26Mreported value+302.5K shares

Increased positions

LAZLazard, Inc.$346.48Mreported value+708.0K shares+10.2%FAFFirst American Financial Corporation$337.34Mreported value+38.3K shares+0.7%MATMattel Inc /de/$313.97Mreported value+310.3K shares+2.0%NLSNNielsen Holdings Plc$299.06Mreported value+886.5K shares

Reduced positions

BIDUBaidu, Inc.$472.18Mreported value-127.4K shares-5.2%PMPhilip Morris International Inc.$396.28Mreported value-260.8K shares-6.1%MSFTMicrosoft Corporation$323.46Mreported value-159.5K shares-11.8%IPGThe Interpublic Group of Companies, Inc.$317.39Mreported value-183.8K shares

Exited positions

FLIRFlir Systems, Inc.$53.65Mprior reported value-950.1K shares-100.0%WTWWillis Towers Watson Plc$17.31Mprior reported value-75.6K shares-100.0%KINKindred Biosciences Inc$5.76Mprior reported value-1.16M shares-100.0%CSCOCisco Systems, Inc.$3.63Mprior reported value-70.1K shares