John W. Rogers Jr. - Ariel Appreciation Fund 13F Activity & Position Changes (Q1 2020)
As of Mar 31, 2020, the Ariel Appreciation Fund portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 14, 2026. 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 Q1 2020, the filing reported:
New Buys - Booking Holdings Inc. Common St, Bristol-Myers Squibb Company, Check Point, Cisco Systems, Inc., Discover Financial Services, and 7 more
Increases - AstroNova, Inc., Affiliated Managers Group, Inc., Adtalem Global Education Inc., Brinks Company (The), Baidu, Inc., and 43 more
Reductions - iShares MSCI ACWI ex U.S. ETF, AFLAC Incorporated, AXT Inc, Bio-Rad Laboratories, Inc., Brady Corporation, and 48 more
Complete Exits - CPI Aerostructures, Inc., Fluor Corporation, iShares Russell 2000 ETF, Interface, Inc.
These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.
| Date | Symbol | Type | Change Qty |
|---|---|---|---|
|
Q1 2020
|
ACWX
iShares MSCI ACWI ex U.S. ETF
|
Sell |
-17,195
|
|
Q1 2020
|
AFL
AFLAC Incorporated
|
Sell |
-8,624
|
|
Q1 2020
|
ALOT
AstroNova, Inc.
|
Buy |
+31,518
|
|
Q1 2020
|
AMG
Affiliated Managers Group, Inc.
|
Buy |
+66,456
|
|
Q1 2020
|
ATGE
Adtalem Global Education Inc.
|
Buy |
+1,263,295
|
|
Q1 2020
|
AXTI
AXT Inc
|
Sell |
-18,110
|
|
Q1 2020
|
BCO
Brinks Company (The)
|
Buy |
+27,504
|
|
Q1 2020
|
BIDU
Baidu, Inc.
|
Buy |
+338,479
|
|
Q1 2020
|
BIO
Bio-Rad Laboratories, Inc.
|
Sell |
-67,684
|
|
Q1 2020
|
BKNG
Booking Holdings Inc. Common St
|
Buy - Position Entry |
+1,125
|
|
Q1 2020
|
BMY
Bristol-Myers Squibb Company
|
Buy - Position Entry |
+134,506
|
|
Q1 2020
|
BOKF
BOK Financial Corporation
|
Buy |
+150,322
|
|
Q1 2020
|
BRC
Brady Corporation
|
Sell |
-50,734
|
|
Q1 2020
|
BRK-B
Berkshire Hathaway Inc. New
|
Buy |
+13,939
|
|
Q1 2020
|
BWA
BorgWarner Inc.
|
Buy |
+177,225
|
|
Q1 2020
|
BX
Blackstone Inc.
|
Sell |
-34,110
|
|
Q1 2020
|
CAH
Cardinal Health, Inc.
|
Buy |
+16,838
|
|
Q1 2020
|
CBRE
CBRE Group Inc
|
Sell |
-75,417
|
|
Q1 2020
|
CCL
Carnival Corporation
|
Buy |
+424,840
|
|
Q1 2020
|
CHKP
Check Point
|
Buy - Position Entry |
+66,412
|
|
Q1 2020
|
CNTY
Century Casinos, Inc.
|
Buy |
+44,984
|
|
Q1 2020
|
COST
Costco Wholesale Corporation
|
Sell |
-31,851
|
|
Q1 2020
|
CPIX
Cumberland Pharmaceuticals Inc.
|
Buy |
+74,003
|
|
Q1 2020
|
CRL
Charles River Laboratories Inte
|
Sell |
-164,511
|
|
Q1 2020
|
CRWS
Crown Crafts, Inc.
|
Sell |
-4,729
|
|
Q1 2020
|
CSCO
Cisco Systems, Inc.
|
Buy - Position Entry |
+80,659
|
|
Q1 2020
|
CSWC
Capital Southwest Corporation
|
Sell |
-11,251
|
|
Q1 2020
|
CVU
CPI Aerostructures, Inc.
|
Sell - Position Exit |
-207,452
|
|
Q1 2020
|
DFS
Discover Financial Services
|
Buy - Position Entry |
+283,404
|
|
Q1 2020
|
DGX
Quest Diagnostics Incorporated
|
Buy |
+190,909
|
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