John W. Rogers Jr. – Ariel Appreciation Fund Portfolio Activity & Recent Trades (Jun 30, 2025)

As of Jun 30, 2025, the Ariel Appreciation Fund portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Aug 14, 2025. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q2 2025, the filing reported:

New Buys – First Solar, Inc. (FSLR), Barrick Gold (B), Walt Disney Company (The) (DIS)

Increases – Algonquin Power & Utilities Cor (AQN), Norwegian Cruise Line (NCLH), Leslie's, Inc. (LESL), Core Laboratories Inc. (CLB), OneSpaWorld (OSW), and 32 more

Reductions – Fair Isaac Corporation (FICO), Motorola Solutions, Inc. (MSI), Progressive Corporation (The) (PGR), Taiwan Semiconductor Manufactur (TSM), PHINIA Inc. (PHIN), and 56 more

Complete Exits – Vanguard Total International St (VXUS), AbbVie Inc. (ABBV), Philip Morris International Inc (PM), Barrick Gold Corporation (GOLD), CNH Industrial (CNH)

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Ariel Appreciation Fund Activity

Date	Symbol	Name	Type	Quantity	Value	Remaining
Q2 2013Jun 30, 2013	IEX IDEX Corporation	IDEX Corporation	Buy - Position Entry	+1,311,384	$70.57K	1,311,384
Q2 2013Jun 30, 2013	CRWS Crown Crafts, Inc.	Crown Crafts, Inc.	Buy - Position Entry	+1,090,135	$6.70K	1,090,135
Q2 2013Jun 30, 2013	ITW Illinois Tool Works Inc.	Illinois Tool Works Inc.	Buy - Position Entry	+1,043,667	$72.19K	1,043,667
Q2 2013Jun 30, 2013	LFUS Littelfuse, Inc.	Littelfuse, Inc.	Buy - Position Entry	+1,043,290	$77.84K	1,043,290
Q2 2013Jun 30, 2013	BCO Brinks Company (The)	Brinks Company (The)	Buy - Position Entry	+1,037,556	$26.47K	1,037,556
Q2 2013Jun 30, 2013	MODG Topgolf Callaway Brands Corp.	Topgolf Callaway Brands Corp.	Buy - Position Entry	+1,014,120	$6.67K	1,014,120
Q2 2013Jun 30, 2013	BIO Bio-Rad Laboratories, Inc.	Bio-Rad Laboratories, Inc.	Buy - Position Entry	+1,012,406	$113.59K	1,012,406
Q2 2013Jun 30, 2013	JWN Nordstrom, Inc.	Nordstrom, Inc.	Buy - Position Entry	+923,543	$55.36K	923,543
Q2 2013Jun 30, 2013	TMO Thermo Fisher Scientific Inc	Thermo Fisher Scientific Inc	Buy - Position Entry	+885,018	$74.90K	885,018
Q2 2013Jun 30, 2013	SWK Stanley Black & Decker, Inc.	Stanley Black & Decker, Inc.	Buy - Position Entry	+884,965	$68.41K	884,965
Q2 2013Jun 30, 2013	ZBH Zimmer Biomet Holdings, Inc.	Zimmer Biomet Holdings, Inc.	Buy - Position Entry	+880,911	$66.02K	880,911
Q2 2013Jun 30, 2013	CCL Carnival Corporation	Carnival Corporation	Buy - Position Entry	+763,537	$26.18K	763,537
Q2 2013Jun 30, 2013	OMC Omnicom Group Inc.	Omnicom Group Inc.	Buy - Position Entry	+725,663	$45.62K	725,663
Q2 2013Jun 30, 2013	ALOT AstroNova, Inc.	AstroNova, Inc.	Buy - Position Entry	+668,442	$7.35K	668,442
Q2 2013Jun 30, 2013	LFCR Lifecore Biomedical, Inc.	Lifecore Biomedical, Inc.	Buy - Position Entry	+598,499	$7.91K	598,499
Q2 2013Jun 30, 2013	SJM The J.M. Smucker Company	The J.M. Smucker Company	Buy - Position Entry	+587,734	$60.63K	587,734
Q2 2013Jun 30, 2013	MHK Mohawk Industries, Inc.	Mohawk Industries, Inc.	Buy - Position Entry	+576,501	$64.85K	576,501
Q2 2013Jun 30, 2013	HMN Horace Mann Educators Corporati	Horace Mann Educators Corporati	Buy - Position Entry	+433,834	$10.58K	433,834
Q2 2013Jun 30, 2013	BEN Franklin Resources, Inc.	Franklin Resources, Inc.	Buy - Position Entry	+411,786	$56.01K	411,786
Q2 2013Jun 30, 2013	CSPI CSP Inc.	CSP Inc.	Buy - Position Entry	+369,236	$3.28K	369,236
Q2 2013Jun 30, 2013	TROW T. Rowe Price Group, Inc.	T. Rowe Price Group, Inc.	Buy - Position Entry	+340,162	$24.90K	340,162
Q2 2013Jun 30, 2013	MATW Matthews International Corporat	Matthews International Corporat	Buy - Position Entry	+326,563	$12.31K	326,563
Q2 2013Jun 30, 2013	MSFT Microsoft Corporation	Microsoft Corporation	Buy - Position Entry	+275,424	$9.52K	275,424
Q2 2013Jun 30, 2013	MKC McCormick & Company, Incorporat	McCormick & Company, Incorporat	Buy - Position Entry	+261,965	$18.43K	261,965
Q2 2013Jun 30, 2013	MS Morgan Stanley	Morgan Stanley	Buy - Position Entry	+216,625	$5.29K	216,625
Q2 2013Jun 30, 2013	CVU CPI Aerostructures, Inc.	CPI Aerostructures, Inc.	Buy - Position Entry	+189,292	$2.05K	189,292
Q2 2013Jun 30, 2013	BK The Bank of New York Mellon Cor	The Bank of New York Mellon Cor	Buy - Position Entry	+113,125	$3.17K	113,125
Q2 2013Jun 30, 2013	TGT Target Corporation	Target Corporation	Buy - Position Entry	+102,735	$7.07K	102,735
Q2 2013Jun 30, 2013	NOK Nokia Corporation Sponsored	Nokia Corporation Sponsored	Buy - Position Entry	+98,566	$369.00	98,566
Q2 2013Jun 30, 2013	JNJ Johnson & Johnson	Johnson & Johnson	Buy - Position Entry	+95,387	$8.19K	95,387

Page 175 of 176 • 5272 total trades

«‹

172 173 174 175 176

›»