Ariel Investments, an investment management company, released its “Ariel Appreciation Fund” third-quarter 2023 investor letter. A copy of the same can be downloaded here. In the third quarter, the Ariel Appreciation fund fell -6.48% underperforming Russell Midcap Value and Russell Midcap indices, which returned -4.46% and -4.68%, respectively. In addition, you can check the top 5 holdings of the fund to know its best picks in 2023.
Ariel Appreciation Fund highlighted stocks like Axalta...
