Philadelphia International Advisors’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	-22,300	Closed	-$246K	–	83
2014 Q3	$246K	Sell	22,300 -2,000	-8%	-$22.1K	0.06%	65
2014 Q2	$321K	Buy	24,300 +3,500	+17%	+$46.2K	0.07%	60
2014 Q1	$288K	Buy	+20,800	New	+$288K	0.06%	62