N-PORT filing recap · March 2020

What did Ariel Fund buy in March 2020?

Reported stock-position changes between this filing and the previous one. These are Ariel Fund's own holdings, not the firm's.

Stock value

$1.33B

Positions

Estimated turnover

20.6%

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

NVSTEnvista Holdings Corporation$28.67Mreported value+1.92M shares MTNVail Resorts, Inc.$19.35Mreported value+131.0K shares

Increased positions

NTRSNorthern Trust Corp$62.16Mreported value+38.1K shares+4.8%CVSAAdtalem Global Education Inc$51.05Mreported value+683.5K shares+55.9%MSGNMsg Networks Inc$44.65Mreported value+533.5K shares+13.9%PARAParamount Global$43.79Mreported value+1.33M shares

Reduced positions

KKRKkr & Co. Inc.$69.83Mreported value-969.9K shares-24.6%MATMattel Inc /de/$60.50Mreported value-511.0K shares-6.9%ZBRAZebra Technologies Corporation$59.69Mreported value-34.7K shares-9.6%LAZLazard, Inc.$55.20Mreported value-56.3K shares

Exited positions

MTSCMts Systems Corporation$42.34Mprior reported value-881.6K shares-100.0%WUThe Western Union Company$24.29Mprior reported value-907.2K shares-100.0%