Fred Alger Management’s Vale VALE Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q2	–	Sell	-8,750	Closed	-$121K	–	658
2014 Q1	$121K	Hold	8,750	–	–	﹤0.01%	462
2013 Q4	$133K	Hold	8,750	–	–	﹤0.01%	444
2013 Q3	$137K	Buy	8,750 +1,400	+19%	+$21.9K	﹤0.01%	449
2013 Q2	$97K	Buy	+7,350	New	+$97K	﹤0.01%	450