Hansberger Global Investors’s Vale S A VALE.P Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q2	–	Sell	-231,901	Closed	-$2.89M	–	44
2014 Q1	$2.89M	Sell	231,901 -9,406	-4%	-$117K	0.69%	15
2013 Q4	$3.38M	Hold	241,307	–	–	0.75%	13
2013 Q3	$3.43M	Buy	241,307 +26,970	+13%	+$383K	0.66%	14
2013 Q2	$2.61M	Buy	+214,337	New	+$2.61M	0.58%	21