Stephen Mandel’s Valaris VAL Stock Holding History

Stephen Mandel’s Portfolio VAL Stock Details VAL Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2023 Q2	–	Sell	-1,912,363	Closed	-$124M	–	31
2023 Q1	$124M	Buy	1,912,363 +1,259,043	+193%	+$87.8M	1.15%	25
2022 Q4	$44.2M	Buy	+653,320	New	+$40.8M	0.42%	27

Other funds holding VAL

OHA

Oak Hill Advisors New York $701M AUM 78.4% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

OAG

Orbis Allan Gray Hamilton, Bermuda $29.1B AUM 60.8% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

Lodbrok Capital London, United Kingdom $77.2M AUM 4.88% 1-Year Est. Return

Adage Capital Partners Boston, Massachusetts $71.3B AUM 56.8% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

LIM

Lingotto Investment Management London, United Kingdom $4.67B AUM 70.24% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

EIM

Elliott Investment Management West Palm Beach, Florida $22.7B AUM 59.88% 1-Year Est. Return

Stephen Mandel's VAL Position: Q2 2023 in Review

Stephen Mandel sold out of Valaris (VAL) in Q2 2023, closing a stake of 1,912,363 shares — an estimated $124M sold.

Stephen Mandel first reported a position in VAL in Q4 2022 and held it in 2 quarters. The position peaked at $124M in Q1 2023. 235 funds tracked by Wall St. Rank hold VAL as of Q2 2023.

Stephen Mandel reported no remaining Valaris position as of Q2 2023 after selling out during the quarter.
Stephen Mandel sold 1,912,363 Valaris shares in Q2 2023, an estimated $124M.
Stephen Mandel first reported a position in Valaris in Q4 2022 and held it in 2 quarters.
Stephen Mandel's Valaris position peaked at $124M in Q1 2023.
235 funds tracked by Wall St. Rank held Valaris as of Q2 2023.

Based on Lone Pine Capital's 13F filing for Q2 2023, filed 14 Aug 2023.