Schroder Investment Management Group’s Vale S A VALE.P Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q3	–	Sell	-2,074,577	Closed	-$16.9M	–	1412
2017 Q2	$16.9M	Sell	2,074,577 -42,780	-2%	-$345K	0.03%	507
2017 Q1	$19.1M	Sell	2,117,357 -1,863,819	-47%	-$17.5M	0.03%	486
2016 Q4	$27.4M	Sell	3,981,176 -1,745,617	-30%	-$11.6M	0.05%	408
2016 Q3	$27M	Buy	5,726,793 +1,061,184	+23%	+$4.82M	0.05%	408
2016 Q2	$18.7M	Sell	4,665,609 -1,426,938	-23%	-$5.25M	0.04%	471
2016 Q1	$19.4M	Buy	6,092,547 +420,143	+7%	+$966K	0.04%	476
2015 Q4	$14.5M	Sell	5,672,404 -85,399	-1%	-$276K	0.03%	550
2015 Q3	$19.3M	Sell	5,757,803 -2,280,946	-28%	-$9.43M	0.04%	470
2015 Q2	$42M	Sell	8,038,749 -5,437,213	-40%	-$30.4M	0.08%	296
2015 Q1	$66.4M	Sell	13,475,962 -4,060,827	-23%	-$25.7M	0.13%	208
2014 Q4	$127M	Buy	+17,536,789	New	+$142M	0.25%	109
2014 Q3	–	Sell	-16,962,607	Closed	-$202M	–	1525
2014 Q2	$202M	Buy	16,962,607 +1,819,808	+12%	+$22.1M	0.25%	76
2014 Q1	$189M	Buy	15,142,799 +220,415	+1%	+$2.7M	0.21%	91
2013 Q4	$228M	Buy	14,922,384 +483,710	+3%	+$6.86M	0.28%	64
2013 Q3	$225M	Sell	14,438,674 -3,895,627	-21%	-$51.5M	0.55%	36
2013 Q2	$241M	Buy	+18,334,301	New	+$272M	0.64%	23