Lingotto Investment Management’s Valaris VAL Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$363M	Sell	3,706,866 -12,310	-0.3%	-$959K	7.21%	4
2025 Q4	$187M	Buy	3,719,176 +8,247	+0.2%	+$443K	3.31%	9
2025 Q3	$181M	Buy	3,710,929 +55,029	+2%	+$2.68M	3.39%	10
2025 Q2	$154M	Buy	3,655,900 +38,579	+1%	+$1.45M	3.31%	9
2025 Q1	$142M	Sell	3,617,321 -19,886	-0.5%	-$852K	3.71%	9
2024 Q4	$161M	Buy	3,637,207 +87,420	+2%	+$4.21M	4.32%	7
2024 Q3	$198M	Buy	3,549,787 +509,177	+17%	+$33.4M	5.71%	6
2024 Q2	$227M	Buy	3,040,610 +36,870	+1%	+$2.67M	7.61%	4
2024 Q1	$226M	Hold	3,003,740	–	–	9.47%	3
2023 Q4	$206M	Buy	3,003,740 +104,000	+4%	+$7.13M	9.91%	3
2023 Q3	$217M	Buy	2,899,740 +894,165	+45%	+$65.7M	11.66%	3
2023 Q2	$126M	Buy	2,005,575 +155,737	+8%	+$9.39M	8.16%	5
2023 Q1	$120M	Sell	1,849,838 -207,000	-10%	-$14.4M	8.62%	8
2022 Q4	$101M	Buy	2,056,838 +35,305	+2%	+$2.2M	7.59%	8
2022 Q3	$98.9M	Hold	2,021,533	–	–	9.11%	4
2022 Q2	$85.4M	Sell	2,021,533 -64,103	-3%	-$3.45M	8.26%	5
2022 Q1	$108M	Buy	2,085,636 +28,798	+1%	+$1.25M	7.32%	7
2021 Q4	$101M	Buy	2,056,838 +1,360,173	+195%	+$47.4M	7.59%	8
2021 Q3	$24.3M	Buy	696,665 +184,767	+36%	+$5.31M	1.99%	12
2021 Q2	$14.8M	Buy	+511,898	New	+$12.8M	1.28%	11