Cliff Asness’s Vale S A VALE.P Stock Holding History

Cliff Asness’s Portfolio VALE.P Stock Details VALE.P Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q3	–	Sell	-63,666	Closed	-$322K	–	2326
2015 Q2	$322K	Sell	63,666 -2,363,588	-97%	-$13.2M	﹤0.01%	1955
2015 Q1	$11.8M	Sell	2,427,254 -1,235,710	-34%	-$7.82M	0.03%	507
2014 Q4	$26.6M	Buy	3,662,964 +881,165	+32%	+$7.14M	0.06%	400
2014 Q3	$27M	Buy	2,781,799 +168,400	+6%	+$2M	0.07%	329
2014 Q2	$31.1M	Buy	2,613,399 +328,602	+14%	+$4M	0.08%	314
2014 Q1	$28.4M	Buy	2,284,797 +1,416,684	+163%	+$17.4M	0.09%	282
2013 Q4	$12.2M	Sell	868,113 -161,419	-16%	-$2.29M	0.04%	536
2013 Q3	$14.6M	Sell	1,029,532 -176,400	-15%	-$2.33M	0.05%	436
2013 Q2	$14.7M	Buy	+1,205,932	New	+$17.9M	0.05%	438

Other funds holding VALE.P

AAM

Aberdeen Asset Management Aberdeen, United Kingdom $30B AUM 22.69% 1-Year Est. Return

Capital Research Global Investors Los Angeles, California $717B AUM 35.42% 1-Year Est. Return

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

MIP

Mondrian Investment Partners London, United Kingdom $6.48B AUM 18.36% 1-Year Est. Return

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

CGT

Capital Guardian Trust Los Angeles, California $7.42B AUM 26.1% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return

CII

Capital International Inc Los Angeles, California $14.3B AUM 34.19% 1-Year Est. Return

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

Susquehanna International Group Bala Cynwyd, Pennsylvania $1.28T AUM 58.89% 1-Year Est. Return

Cliff Asness's VALE.P Position: Q3 2015 in Review

Cliff Asness sold out of Vale S A (VALE.P) in Q3 2015, closing a stake of 63,666 shares — an estimated $322K sold.

Cliff Asness first reported a position in VALE.P in Q2 2013 and held it in 9 quarters. The position peaked at $31.1M in Q2 2014. 136 funds tracked by Wall St. Rank hold VALE.P as of Q3 2015.

Cliff Asness reported no remaining Vale S A position as of Q3 2015 after selling out during the quarter.
Cliff Asness sold 63,666 Vale S A shares in Q3 2015, an estimated $322K.
Cliff Asness first reported a position in Vale S A in Q2 2013 and held it in 9 quarters.
Cliff Asness's Vale S A position peaked at $31.1M in Q2 2014.
136 funds tracked by Wall St. Rank held Vale S A as of Q3 2015.

Based on AQR Capital Management's 13F filing for Q3 2015, filed 16 Nov 2015.