Flossbach Von Storch’s Vale VALE Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q4	–	Sell	-17,000	Closed	-$187K	–	100
2014 Q3	$187K	Hold	17,000	–	–	﹤0.01%	90
2014 Q2	$225K	Buy	+17,000	New	+$225K	0.01%	88