John W. Rogers Jr. - Ariel Appreciation Fund 13F Activity & Position Changes (Q3 2024)

As of Sep 30, 2024, the Ariel Appreciation Fund portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Nov 13, 2024. 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 Q3 2024, the filing reported:

New Buys - Comerica Incorporated, JD.com, Inc., Western Alliance Bancorporation, WEX Inc.

Increases - Allstate Corporation (The), Affiliated Managers Group, Inc., APA Corporation, Bio-Rad Laboratories, Inc., BorgWarner Inc., and 20 more

Reductions - ADT Inc., AFLAC Incorporated, Adtalem Global Education Inc., Axalta, Bank of America Corporation, and 73 more

Complete Exits - Evercore Inc., Patterson Companies, Inc., Stericycle, Inc., Truist Financial Corporation, U.S. Bancorp, and 4 more

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

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q3 2024	ADT ADT Inc.	ADT Inc.	Sell	-1,244,311	-4.1%	$210.51M	29,116,248
Q3 2024	AFL AFLAC Incorporated	AFLAC Incorporated	Sell	-155,572	-30.1%	$40.40M	361,402
Q3 2024	ALL Allstate Corporation (The)	Allstate Corporation (The)	Buy	+20,623	+8.6%	$49.44M	260,665
Q3 2024	AMG Affiliated Managers Group, Inc.	Affiliated Managers Group, Inc.	Buy	+9,344	+0.6%	$258.19M	1,452,161
Q3 2024	APA APA Corporation	APA Corporation	Buy	+30,784	+14.7%	$5.89M	240,632
Q3 2024	ATGE Adtalem Global Education Inc.	Adtalem Global Education Inc.	Sell	-689,374	-23.4%	$170.01M	2,252,359
Q3 2024	AXTA Axalta	Axalta	Sell	-72,876	-1.7%	$156.85M	4,334,088
Q3 2024	BAC Bank of America Corporation	Bank of America Corporation	Sell	-2,325	-1.4%	$6.72M	169,359
Q3 2024	BAP Credicorp	Credicorp	Sell	-104,512	-25.5%	$55.22M	305,124
Q3 2024	BCO Brinks Company (The)	Brinks Company (The)	Sell	-129,368	-10.2%	$131.97M	1,141,209
Q3 2024	BIDU Baidu, Inc.	Baidu, Inc.	Sell	-718,141	-65.7%	$39.50M	375,111
Q3 2024	BIO Bio-Rad Laboratories, Inc.	Bio-Rad Laboratories, Inc.	Buy	+274,508	+263.5%	$126.70M	378,695
Q3 2024	BMY Bristol-Myers Squibb Company	Bristol-Myers Squibb Company	Sell	-276,697	-44.7%	$17.72M	342,514
Q3 2024	BOKF BOK Financial Corporation	BOK Financial Corporation	Sell	-55,435	-2.9%	$194.57M	1,859,790
Q3 2024	BRC Brady Corporation	Brady Corporation	Sell	-275,390	-98.7%	$277.40K	3,620
Q3 2024	BWA BorgWarner Inc.	BorgWarner Inc.	Buy	+138,024	+14.9%	$38.62M	1,064,195
Q3 2024	BYD Boyd Gaming Corporation	Boyd Gaming Corporation	Buy	+153,446	+5.1%	$205.92M	3,185,137
Q3 2024	CBRE CBRE Group Inc	CBRE Group Inc	Sell	-69,487	-14.3%	$51.72M	415,508
Q3 2024	CG The Carlyle Group Inc.	The Carlyle Group Inc.	Buy	+150,672	+3.1%	$219.11M	5,088,397
Q3 2024	CHKP Check Point	Check Point	Sell	-136,577	-10.2%	$231.31M	1,199,701
Q3 2024	CLB Core Laboratories Inc.	Core Laboratories Inc.	Sell	-247,040	-2.4%	$186.14M	10,045,256
Q3 2024	CMA Comerica Incorporated	Comerica Incorporated	Buy - Position Entry	+304,481	-	$18.24M	304,481
Q3 2024	CNH CNH Industrial	CNH Industrial	Sell	-582,665	-19.9%	$26.09M	2,350,751
Q3 2024	COF Capital One Financial Corporati	Capital One Financial Corporati	Sell	-123,233	-28.2%	$46.88M	313,102
Q3 2024	CRL Charles River Laboratories Inte	Charles River Laboratories Inte	Sell	-8,450	-0.9%	$176.82M	897,687
Q3 2024	CVS CVS Health Corporation	CVS Health Corporation	Sell	-52,277	-7.8%	$38.78M	616,807
Q3 2024	CVX Chevron Corporation	Chevron Corporation	Buy	+6,226	+19.1%	$5.72M	38,827
Q3 2024	DHI D.R. Horton, Inc.	D.R. Horton, Inc.	Sell	-24,998	-15.1%	$26.83M	140,628
Q3 2024	DNB Dun & Bradstreet Holdings, Inc.	Dun & Bradstreet Holdings, Inc.	Sell	-246,027	-5.9%	$45.42M	3,946,422
Q3 2024	DVA DaVita Inc.	DaVita Inc.	Sell	-114,776	-31.9%	$40.13M	244,828

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