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 BuysFirst Solar, Inc. (FSLR), Barrick Gold (B), Walt Disney Company (The) (DIS)
IncreasesAlgonquin Power & Utilities Cor (AQN), Norwegian Cruise Line (NCLH), Leslie's, Inc. (LESL), Core Laboratories Inc. (CLB), OneSpaWorld (OSW), and 32 more
ReductionsFair Isaac Corporation (FICO), Motorola Solutions, Inc. (MSI), Progressive Corporation (The) (PGR), Taiwan Semiconductor Manufactur (TSM), PHINIA Inc. (PHIN), and 56 more
Complete ExitsVanguard 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

DateSymbolTypeQuantity
Q3 2022Sep 30, 2022
TPR
Tapestry, Inc.
Sell
-7,065-1.8%
Q3 2022Sep 30, 2022
CHKP
Check Point
Sell
-7,546-1.3%
Q3 2022Sep 30, 2022
GS
Goldman Sachs Group, Inc. (The)
Sell
-8,020-2.7%
Q3 2022Sep 30, 2022
LFUS
Littelfuse, Inc.
Sell
-8,155-2.1%
Q3 2022Sep 30, 2022
BSAC
Banco Santander - Chile
Sell
-8,382-0.8%
Q3 2022Sep 30, 2022
ORCL
Oracle Corporation
Sell
-8,392-8.5%
Q3 2022Sep 30, 2022
HMN
Horace Mann Educators Corporati
Sell
-10,928-3.0%
Q3 2022Sep 30, 2022
BMY
Bristol-Myers Squibb Company
Sell
-14,227-1.7%
Q3 2022Sep 30, 2022
ZBH
Zimmer Biomet Holdings, Inc.
Sell
-17,540-4.3%
Q3 2022Sep 30, 2022
MSFT
Microsoft Corporation
Sell
-18,901-1.8%
Q3 2022Sep 30, 2022
JNJ
Johnson & Johnson
Sell
-20,185-2.6%
Q3 2022Sep 30, 2022
VIV
Telefonica Brasil S.A.
Sell
-24,054-0.9%
Q3 2022Sep 30, 2022
BK
The Bank of New York Mellon Cor
Sell
-24,873-19.5%
Q3 2022Sep 30, 2022
KFY
Korn Ferry
Sell
-26,482-3.1%
Q3 2022Sep 30, 2022
BIDU
Baidu, Inc.
Sell
-39,388-1.5%
Q3 2022Sep 30, 2022
BCO
Brinks Company (The)
Sell
-39,593-1.8%
Q3 2022Sep 30, 2022
ZIMV
ZimVie Inc.
Sell
-41,221-12.6%
Q3 2022Sep 30, 2022
GILD
Gilead Sciences, Inc.
Sell
-43,298-1.6%
Q3 2022Sep 30, 2022
GOLD
Barrick Gold Corporation
Sell
-46,828-12.4%
Q3 2022Sep 30, 2022
NVT
nVent Electric
Sell
-47,086-1.1%
Q3 2022Sep 30, 2022
MOS
Mosaic Company (The)
Sell
-52,379-23.1%
Q3 2022Sep 30, 2022
BAP
Credicorp
Sell
-52,507-3.5%
Q3 2022Sep 30, 2022
PGR
Progressive Corporation (The)
Sell
-54,442-33.0%
Q3 2022Sep 30, 2022
BWA
BorgWarner Inc.
Sell
-56,207-3.0%
Q3 2022Sep 30, 2022
PM
Philip Morris International Inc
Sell
-65,526-1.8%
Q3 2022Sep 30, 2022
APA
APA Corporation
Sell
-68,614-19.6%
Q3 2022Sep 30, 2022
AXTA
Axalta
Sell
-72,505-1.0%
Q3 2022Sep 30, 2022
SCHW
Charles Schwab Corporation (The
Sell
-84,440-7.1%
Q3 2022Sep 30, 2022
WU
Western Union Company (The)
Sell
-85,915-19.5%
Q3 2022Sep 30, 2022
VEA
Vanguard FTSE Developed Markets
Sell
-88,914-15.7%
Page 44 of 1765272 total trades