Salient Capital 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	-83,099	Closed	-$915K	–	253
2014 Q3	$915K	Buy	+83,099	New	+$915K	0.02%	156