Verition Fund Management’s Vale S A VALE.P Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q4	–	Sell	-15,687	Closed	-$152K	–	752
2014 Q3	$152K	Buy	+15,687	New	+$152K	0.02%	574
2013 Q4	–	Sell	-12,597	Closed	-$179K	–	702
2013 Q3	$179K	Sell	12,597 -134,213	-91%	-$1.91M	0.03%	436
2013 Q2	$1.79M	Buy	+146,810	New	+$1.79M	0.33%	45