John W. Rogers Jr. - Ariel Appreciation Fund 13F Activity & Position Changes (Q2 2020)
According to the SEC 13F filed on Aug 14, 2026, the Ariel Appreciation Fund portfolio showed several notable changes in holdings as of quarter-end Jun 30, 2020. 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 2020, the filing reported:
New Buys - Credicorp, Interactive Brokers Group, Inc., NetApp, Inc., Novo Nordisk A/S, RF Industries, Ltd., and 3 more
Increases - Affiliated Managers Group, Inc., Brinks Company (The), Baidu, Inc., Bristol-Myers Squibb Company, BOK Financial Corporation, and 40 more
Reductions - Acacia Research Corporation, AFLAC Incorporated, AstroNova, Inc., Adtalem Global Education Inc., AXT Inc, and 55 more
Complete Exits - Booking Holdings Inc. Common St, Blackstone Inc., Costco Wholesale Corporation, Quest Diagnostics Incorporated, Fair Isaac Corporation, and 6 more
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 |
|---|---|---|---|
|
Q2 2020
|
ACTG
Acacia Research Corporation
|
Sell |
-469,320
|
|
Q2 2020
|
AFL
AFLAC Incorporated
|
Sell |
-184,496
|
|
Q2 2020
|
ALOT
AstroNova, Inc.
|
Sell |
-88,895
|
|
Q2 2020
|
AMG
Affiliated Managers Group, Inc.
|
Buy |
+90,135
|
|
Q2 2020
|
ATGE
Adtalem Global Education Inc.
|
Sell |
-4,307
|
|
Q2 2020
|
AXTI
AXT Inc
|
Sell |
-425
|
|
Q2 2020
|
BAP
Credicorp
|
Buy - Position Entry |
+83,925
|
|
Q2 2020
|
BCO
Brinks Company (The)
|
Buy |
+166,991
|
|
Q2 2020
|
BIDU
Baidu, Inc.
|
Buy |
+596,360
|
|
Q2 2020
|
BIO
Bio-Rad Laboratories, Inc.
|
Sell |
-86,128
|
|
Q2 2020
|
BK
The Bank of New York Mellon Cor
|
Sell |
-2,600
|
|
Q2 2020
|
BKNG
Booking Holdings Inc. Common St
|
Sell - Position Exit |
-1,125
|
|
Q2 2020
|
BMY
Bristol-Myers Squibb Company
|
Buy |
+221,890
|
|
Q2 2020
|
BOKF
BOK Financial Corporation
|
Buy |
+147,704
|
|
Q2 2020
|
BRC
Brady Corporation
|
Sell |
-44,307
|
|
Q2 2020
|
BRK-B
Berkshire Hathaway Inc. New
|
Buy |
+149,269
|
|
Q2 2020
|
BSAC
Banco Santander - Chile
|
Sell |
-68,180
|
|
Q2 2020
|
BWA
BorgWarner Inc.
|
Sell |
-79,570
|
|
Q2 2020
|
BX
Blackstone Inc.
|
Sell - Position Exit |
-274,046
|
|
Q2 2020
|
CAH
Cardinal Health, Inc.
|
Sell |
-33,354
|
|
Q2 2020
|
CBRE
CBRE Group Inc
|
Buy |
+238,739
|
|
Q2 2020
|
CCL
Carnival Corporation
|
Sell |
-485,697
|
|
Q2 2020
|
CHKP
Check Point
|
Buy |
+181,537
|
|
Q2 2020
|
CNTY
Century Casinos, Inc.
|
Sell |
-373,184
|
|
Q2 2020
|
COST
Costco Wholesale Corporation
|
Sell - Position Exit |
-13,061
|
|
Q2 2020
|
CPIX
Cumberland Pharmaceuticals Inc.
|
Sell |
-301,782
|
|
Q2 2020
|
CRL
Charles River Laboratories Inte
|
Sell |
-60,977
|
|
Q2 2020
|
CRWS
Crown Crafts, Inc.
|
Buy |
+9,333
|
|
Q2 2020
|
CSCO
Cisco Systems, Inc.
|
Buy |
+3,031
|
|
Q2 2020
|
CSWC
Capital Southwest Corporation
|
Buy |
+6,164
|
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