Adage Capital Partners’s Vale VALE Stock Holding History

Adage Capital Partners’s Portfolio VALE Stock Details VALE Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-1,400,000	Closed	-$15.2M	–	1017
2025 Q3	$15.2M	Buy	+1,400,000	New	+$14.3M	0.02%	542
2025 Q1	–	Sell	-450,000	Closed	-$3.99M	–	950
2024 Q4	$3.99M	Buy	+450,000	New	+$4.58M	0.01%	736
2022 Q3	–	Sell	-1,740,000	Closed	-$25.5M	–	1120
2022 Q2	$25.5M	Buy	+1,740,000	New	+$29.7M	0.06%	349
2021 Q1	–	Sell	-2,500,000	Closed	-$41.9M	–	1030
2020 Q4	$41.9M	Buy	2,500,000 +500,000	+25%	+$6.66M	0.09%	236
2020 Q3	$21.2M	Sell	2,000,000 -1,000,000	-33%	-$11.2M	0.05%	359
2020 Q2	$30.9M	Buy	+3,000,000	New	+$27.5M	0.08%	280
2020 Q1	–	Sell	-500,000	Closed	-$6.6M	–	797
2019 Q4	$6.6M	Sell	500,000 -1,500,000	-75%	-$18M	0.02%	585
2019 Q3	$23M	Buy	+2,000,000	New	+$24.2M	0.06%	334
2017 Q2	–	Sell	-2,750,000	Closed	-$26.1M	–	759
2017 Q1	$26.1M	Buy	+2,750,000	New	+$27.4M	0.07%	350
2016 Q3	–	Sell	-500,000	Closed	-$2.53M	–	731
2016 Q2	$2.53M	Sell	500,000 -4,700,000	-90%	-$22M	0.01%	630
2016 Q1	$21.9M	Buy	+5,200,000	New	+$16.2M	0.06%	350
2014 Q4	–	Sell	-400,000	Closed	-$4.4M	–	769
2014 Q3	$4.4M	Buy	+400,000	New	+$5.34M	0.01%	626

Other funds holding VALE

Capital World Investors Los Angeles, California $846B AUM 46.74% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

GQG Partners Ft. Lauderdale, Florida $53.8B AUM 19.23% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

Arrowstreet Capital Boston, Massachusetts $225B AUM 49.49% 1-Year Est. Return

Capital International Investors Los Angeles, California $484B AUM 34.9% 1-Year Est. Return

Lazard Asset Management New York $66.1B AUM 33.53% 1-Year Est. Return

Fisher Asset Management Camas, Washington $336B AUM 34.66% 1-Year Est. Return

Robeco Institutional Asset Management Rotterdam, Netherlands $81.4B AUM 40.71% 1-Year Est. Return

OAG

Orbis Allan Gray Hamilton, Bermuda $29.1B AUM 60.8% 1-Year Est. Return

Adage Capital Partners's VALE Position: Q4 2025 in Review

Adage Capital Partners sold out of Vale (VALE) in Q4 2025, closing a stake of 1,400,000 shares — an estimated $15.2M sold.

Adage Capital Partners first reported a position in VALE in Q3 2014 and held it in 12 quarters. The position peaked at $41.9M in Q4 2020. 534 funds tracked by Wall St. Rank hold VALE as of Q4 2025.

Adage Capital Partners reported no remaining Vale position as of Q4 2025 after selling out during the quarter.
Adage Capital Partners sold 1,400,000 Vale shares in Q4 2025, an estimated $15.2M.
Adage Capital Partners first reported a position in Vale in Q3 2014 and held it in 12 quarters.
Adage Capital Partners's Vale position peaked at $41.9M in Q4 2020.
534 funds tracked by Wall St. Rank held Vale as of Q4 2025.

Based on Adage Capital Partners's 13F filing for Q4 2025, filed 17 Feb 2026.