Bocage Capital’s Vale VALE Stock Holding History

Bocage Capital’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
2017 Q1	–	Sell	-3,120,000	Closed	-$23.8M	–	9
2016 Q4	$23.8M	Buy	+3,120,000	New	+$22.9M	12.87%	2

Other funds holding VALE

SII

Silchester International Investors London, United Kingdom $62M AUM 14.06% 1-Year Est. Return

AAM

Aberdeen Asset Management Aberdeen, United Kingdom $30B AUM 22.46% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

CGM

Capital Growth Management Boston, Massachusetts $761M AUM 30.71% 1-Year Est. Return

Schroder Investment Management Group London, United Kingdom $122B AUM 29.27% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

Bocage Capital's VALE Position: Q2 2016 in Review

Bocage Capital sold out of Vale (VALE) in Q2 2016, closing a stake of 1,168,300 shares — an estimated $4.92M sold.

Bocage Capital first reported a position in VALE in Q4 2015 and held it in 2 quarters. The position peaked at $4.92M in Q1 2016. 235 funds tracked by Wall St. Rank hold VALE as of Q2 2016.

Bocage Capital reported no remaining Vale position as of Q2 2016 after selling out during the quarter.
Bocage Capital sold 1,168,300 Vale shares in Q2 2016, an estimated $4.92M.
Bocage Capital first reported a position in Vale in Q4 2015 and held it in 2 quarters.
Bocage Capital's Vale position peaked at $4.92M in Q1 2016.
235 funds tracked by Wall St. Rank held Vale as of Q2 2016.

Based on Bocage Capital's 13F filing for Q2 2016, filed 15 Aug 2016.