13F filing recap · Q1 2024

What did Ariel Investments buy in Q1 2024?

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

$10.17B

Positions

115

Estimated turnover

18.9%

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

LAZLazard, Inc.$264.56Mreported value+6.32M shares APTVAptiv Plc$85.88Mreported value+1.08M shares CVSCVS Health Corp$48.38Mreported value+606.6K shares COFCapital One Financial Corp$39.27Mreported value+263.7K shares TDCTeradata Corp /de/$31.00Mreported value+801.6K shares MGPIMgp Ingredients, Inc.$23.06Mreported value+267.7K shares VWOVanguard International Equity Index Funds$342.2Kreported value+8.2K shares

Increased positions

MATMattel Inc /de/$308.71Mreported value+112.8K shares+0.7%SPHRSphere Entertainment Co.$251.22Mreported value+135.6K shares+2.7%AMGAffiliated Managers Group, Inc.$222.23Mreported value+84.3K shares+6.8%ADTAdt Inc.$198.78Mreported value+7.13M shares

Reduced positions

JLLJones Lang Lasalle Incorporated$280.28Mreported value-139.3K shares-8.8%MSGEMadison Square Garden Entertainment Corp.$274.11Mreported value-220.5K shares-3.1%GNRCGenerac Holdings Inc.$270.30Mreported value-20.1K shares-0.9%REZIResideo Technologies, Inc.$269.63Mreported value

Exited positions

LAZLazard, Inc.$235.64Mprior reported value-6.77M shares-100.0%DOXAmdocs Ltd$36.10Mprior reported value-410.7K shares-100.0%EQCEquity Commonwealth$22.87Mprior reported value-1.19M shares-100.0%ACWXiShares Trust$3.36Mprior reported value-65.8K shares