Mutual Fund Top Ten Holdings
Ariel Fund
As of September 30, 2019
| Shares | Security Description | Ticker | Current Value ($) | % of Net Assets | |
|---|---|---|---|---|---|
|
Top Ten Equity Holdings
|
|||||
| 3,945,339 | KKR & Co., Inc. | KKR | 105,932,352 | 5.2 | |
| 422,800 | Zebra Technologies Corp. | ZBRA | 87,253,236 | 4.3 | |
| 2,399,203 | Lazard Ltd., Class A | LAZ | 83,972,105 | 4.1 | |
| 7,219,100 | Mattel, Inc. | MAT | 82,225,549 | 4.0 | |
| 3,558,866 | Interpublic Group of Cos., Inc. | IPG | 76,729,151 | 3.8 | |
| 1,485,800 | Stericycle, Inc. | SRCL | 75,671,794 | 3.7 | |
| 785,700 | Northern Trust Corp. | NTRS | 73,321,524 | 3.6 | |
| 662,245 | J.M. Smucker Co. | SJM | 72,860,195 | 3.6 | |
| 1,369,153 | CBRE Group, Inc., Class A | CBRE | 72,578,801 | 3.5 | |
| 500,299 | JLL | JLL | 69,571,579 | 3.4 |
Ariel Appreciation Fund
As of September 30, 2019
| Shares | Security Description | Ticker | Current Value ($) | % of Net Assets | |
|---|---|---|---|---|---|
|
Top Ten Equity Holdings
|
|||||
| 404,199 | Stanley Black & Decker, Inc. | SWK | 58,370,378 | 4.5 | |
| 624,100 | Northern Trust Corp. | NTRS | 58,241,012 | 4.5 | |
| 948,400 | First American Financial Corp. | FAF | 55,965,084 | 4.3 | |
| 1,059,100 | Aflac, Inc. | AFL | 55,412,112 | 4.3 | |
| 2,516,630 | Interpublic Group of Cos., Inc. | IPG | 54,258,543 | 4.2 | |
| 313,700 | Laboratory Corp. of America Holdings | LH | 52,701,600 | 4.1 | |
| 454,175 | J.M. Smucker Co. | SJM | 49,968,334 | 3.9 | |
| 606,300 | Progressive Corp. | PGR | 46,836,675 | 3.6 | |
| 1,484,800 | Kennametal, Inc. | KMT | 45,642,752 | 3.5 | |
| 556,789 | BOK Financial Corp. | BOKF | 44,069,849 | 3.4 |
Ariel Focus Fund
As of September 30, 2019
| Shares | Security Description | Ticker | Current Value ($) | % of Net Assets | |
|---|---|---|---|---|---|
|
Top Ten Equity Holdings
|
|||||
| 114,600 | KKR & Co., Inc. | KKR | 3,077,010 | 5.5 | |
| 54,700 | Oracle Corp. | ORCL | 3,010,141 | 5.3 | |
| 18,600 | Snap-on, Inc. | SNA | 2,911,644 | 5.2 | |
| 142,700 | Hanger, Inc. | HNGR | 2,908,226 | 5.2 | |
| 118,800 | Western Union Co. | WU | 2,752,596 | 4.9 | |
| 19,700 | Zimmer Biomet Holdings, Inc. | ZBH | 2,704,219 | 4.8 | |
| 73,700 | Lazard Ltd., Class A | LAZ | 2,579,500 | 4.6 | |
| 6,456 | Lockheed Martin Corp. | LMT | 2,518,227 | 4.5 | |
| 59,000 | CBS Corp., Class B | CBS | 2,381,830 | 4.2 | |
| 10,500 | Goldman Sachs Group, Inc. | GS | 2,175,915 | 3.9 |
Ariel International Fund
As of September 30, 2019
| Units | Security Description | Market Value | % of Total Value | |
|---|---|---|---|---|
|
Top Ten Equity Holdings
|
||||
| 388,531 | Deutsche Boerse AG | 60,726,946 | 8.1 | |
| 179,662 | Roche Holding AG | 52,284,783 | 7.0 | |
| 2,173,336 | GlaxoSmithKline plc | 46,619,647 | 6.2 | |
| 124,400 | Nintendo Co., Ltd. | 46,043,820 | 6.2 | |
| 1,623,769 | Koninklijke Ahold Delhaize N.V. | 40,626,383 | 5.4 | |
| 282,808 | Michelin (CGDE) | 31,564,452 | 4.2 | |
| 389,898 | Philip Morris Intl, Inc. | 29,604,955 | 4.0 | |
| 3,528,500 | China Mobile Ltd. | 29,195,201 | 3.9 | |
| 1,101,500 | NTT DOCOMO, Inc. | 28,045,591 | 3.8 | |
| 24,648,992 | Northern Institutional Treasury Portfolio | 24,648,992 | 3.3 |
Ariel Global Fund
As of September 30, 2019
| Units | Security Description | Market Value | % of Total Value | |
|---|---|---|---|---|
|
Top Ten Equity Holdings
|
||||
| 60,177 | Microsoft Corp. | 8,366,408 | 9.7 | |
| 20,026 | Roche Holding AG | 5,827,916 | 6.8 | |
| 5,775,110 | Northern Institutional Treasury Portfolio | 5,775,110 | 6.7 | |
| 242,889 | GlaxoSmithKline plc | 5,210,147 | 6.1 | |
| 69,128 | Gilead Sciences, Inc. | 4,381,333 | 5.1 | |
| 519,000 | China Mobile Ltd. | 4,294,264 | 5.0 | |
| 55,956 | Philip Morris Intl, Inc. | 4,248,739 | 4.9 | |
| 24,405 | Johnson & Johnson | 3,157,519 | 3.7 | |
| 15,148 | Berkshire Hathaway, Inc., Class B | 3,151,087 | 3.7 | |
| 19,620 | Deutsche Boerse AG | 3,066,583 | 3.6 |