N-PORT filing recap · March 2024

What did Ariel Fund buy in March 2024?

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

Stock value

$2.75B

Positions

Estimated turnover

17.8%

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

LAZLazard, Inc.$91.14Mreported value+2.18M shares

Increased positions

CVSAAdtalem Global Education Inc$109.39Mreported value+295.5K shares+16.1%PARAParamount Global$90.54Mreported value+1.12M shares+17.1%ADTAdt Inc.$85.42Mreported value+1.08M shares+9.3%NVSTEnvista Holdings Corporation$74.18Mreported value+1.02M shares

Reduced positions

SPHRSphere Entertainment Co.$117.99Mreported value-65.5K shares-2.7%MSGEMadison Square Garden Entertainment Corp.$112.80Mreported value-74.0K shares-2.5%MHKMohawk Industries, Inc.$112.40Mreported value-250.6K shares-22.6%RCLRoyal Caribbean Cruises Ltd$105.63Mreported value

Exited positions

LAZLazard, Inc.$75.75Mprior reported value-2.18M shares-100.0%SNASnap-On Inc$21.44Mprior reported value-74.2K shares-100.0%