13F filing recap · Q1 2022

What did Ariel Investments buy in Q1 2022?

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

$11.27B

Positions

106

Estimated turnover

14.7%

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

ZIMVZimvie Inc.$6.11Mreported value+267.3K shares IWSiShares Trust$383.0Kreported value+3.2K shares FICOFair Isaac Corp$260.0Kreported value+558 shares FISVFiserv Inc$226.0Kreported value+2.2K shares

Increased positions

BIDUBaidu, Inc.$349.17Mreported value+221.1K shares+9.1%MSFTMicrosoft Corporation$310.44Mreported value+6.3K shares+0.6%LAZLazard, Inc.$295.33Mreported value+439.9K shares+5.4%KMTKennametal Inc$277.74Mreported value+790.5K shares

Reduced positions

SPHRSphere Entertainment Co.$506.37Mreported value-95.1K shares-1.5%MATMattel Inc /de/$393.54Mreported value-557.7K shares-3.1%PMPhilip Morris International Inc.$344.87Mreported value-137.8K shares-3.6%BOKFBok Financial Corp$308.48Mreported value-23.2K shares

Exited positions

TGNATegna Inc$172.65Mprior reported value-9.30M shares-100.0%SLCAU.s. Silica Holdings, Inc.$17.91Mprior reported value-1.91M shares-100.0%