N-PORT filing recap · December 2023

What did Ariel Fund buy in December 2023?

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

Stock value

$2.72B

Positions

Estimated turnover

10.3%

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.

Increased positions

MHKMohawk Industries, Inc.$114.81Mreported value+57.6K shares+5.5%NTRSNorthern Trust Corp$104.46Mreported value+67.8K shares+5.8%LESLLeslie’s, Inc.$96.20Mreported value+2.46M shares+21.4%SPHRSphere Entertainment Co.$83.87Mreported value+358.9K shares+17.0%SRCLStericycle, Inc.$83.80Mreported value+4.5K shares+0.3%GNRCGenerac Holdings Inc.$82.96Mreported value+31.5K shares+5.2%NVSTEnvista Holdings Corporation$58.86Mreported value+820.6K shares+50.5%

Reduced positions

JLLJones Lang Lasalle Incorporated$109.44Mreported value-29.8K shares-4.9%RCLRoyal Caribbean Cruises Ltd$109.36Mreported value-210.1K shares-19.9%CVSAAdtalem Global Education Inc$108.03Mreported value-356.0K shares-16.3%PARAParamount Global$97.19Mreported value-147.3K shares