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:
Increases – Algonquin Power & Utilities Cor (AQN), Norwegian Cruise Line (NCLH), Leslie's, Inc. (LESL), Core Laboratories Inc. (CLB), OneSpaWorld (OSW), and 32 more
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 | Type | Quantity |
|---|---|---|---|
Q1 2025Mar 31, 2025 | TSM Taiwan Semiconductor Manufactur | Sell | -49,530-62.2% |
Q1 2025Mar 31, 2025 | MSGS Madison Square Garden Sports Co | Sell | -52,686-5.9% |
Q1 2025Mar 31, 2025 | KMX CarMax Inc | Sell | -61,594-9.9% |
Q1 2025Mar 31, 2025 | BAP Credicorp | Sell | -63,524-26.0% |
Q1 2025Mar 31, 2025 | GCMG GCM Grosvenor Inc. | Sell | -63,617-1.4% |
Q1 2025Mar 31, 2025 | PM Philip Morris International Inc | Sell | -64,706-37.4% |
Q1 2025Mar 31, 2025 | ABBV AbbVie Inc. | Sell | -67,358-44.4% |
Q1 2025Mar 31, 2025 | CNH CNH Industrial | Sell | -70,404-3.1% |
Q1 2025Mar 31, 2025 | CG The Carlyle Group Inc. | Sell | -71,523-1.5% |
Q1 2025Mar 31, 2025 | CBRE CBRE Group Inc | Sell | -72,474-20.1% |
Q1 2025Mar 31, 2025 | AFL AFLAC Incorporated | Sell | -85,162-28.0% |
Q1 2025Mar 31, 2025 | MAS Masco Corporation | Sell | -85,953-8.4% |
Q1 2025Mar 31, 2025 | AXTA Axalta | Sell | -87,651-2.1% |
Q1 2025Mar 31, 2025 | BYD Boyd Gaming Corporation | Sell | -88,589-2.8% |
Q1 2025Mar 31, 2025 | NTAP NetApp, Inc. | Sell | -107,195-27.4% |
Q1 2025Mar 31, 2025 | GS Goldman Sachs Group, Inc. (The) | Sell | -108,472-92.3% |
Q1 2025Mar 31, 2025 | APTV Aptiv | Sell | -109,788-12.5% |
Q1 2025Mar 31, 2025 | VEA Vanguard FTSE Developed Markets | Sell | -116,176-46.6% |
Q1 2025Mar 31, 2025 | LEN Lennar Corporation | Sell - Position Exit | -123,938-100.0% |
Q1 2025Mar 31, 2025 | MTN Vail Resorts, Inc. | Sell | -141,289-53.2% |
Q1 2025Mar 31, 2025 | KB KB Financial Group Inc | Sell | -157,242-60.1% |
Q1 2025Mar 31, 2025 | MIDD The Middleby Corporation | Sell | -207,656-17.3% |
Q1 2025Mar 31, 2025 | DVA DaVita Inc. | Sell - Position Exit | -235,058-100.0% |
Q1 2025Mar 31, 2025 | ATGE Adtalem Global Education Inc. | Sell | -236,326-11.3% |
Q1 2025Mar 31, 2025 | PBH Prestige Consumer Healthcare In | Sell | -243,082-8.8% |
Q1 2025Mar 31, 2025 | NTRS Northern Trust Corporation | Sell | -271,556-12.2% |
Q1 2025Mar 31, 2025 | FAF First American Corporation (New | Sell | -302,277-7.6% |
Q1 2025Mar 31, 2025 | BWA BorgWarner Inc. | Sell | -315,641-31.5% |
Q1 2025Mar 31, 2025 | BIDU Baidu, Inc. | Sell - Position Exit | -355,193-100.0% |
Q1 2025Mar 31, 2025 | PARA Paramount Global | Sell | -448,653-3.1% |