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355 hedge funds and large institutions have $6.69B invested in Vale in 2013 Q4 according to their latest regulatory filings, with 61 funds opening new positions, 125 increasing their positions, 124 reducing their positions, and 48 closing their positions.

New
Increased
Maintained
Reduced
Closed

27% more first-time investments, than exits

New positions opened: 61 | Existing positions closed: 48

3% more funds holding

Funds holding: 345355 (+10)

1% more repeat investments, than reductions

Existing positions increased: 125 | Existing positions reduced: 124

0.02% more ownership

Funds ownership: 13.6%13.62% (+0.02%)

3% less capital invested

Capital invested by funds: $6.89B → $6.69B (-$199M)

18% less funds holding in top 10

Funds holding in top 10: 119 (-2)

53% less call options, than puts

Call options by funds: $218M | Put options by funds: $463M

Holders
355
Holders Change
+10
Holders Change %
+2.9%
% of All Funds
10.3%
Holding in Top 10
9
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-18.18%
% of All Funds
0.26%
New
61
Increased
125
Reduced
124
Closed
48
Calls
$218M
Puts
$463M
Net Calls
-$245M
Net Calls Change
-$182M
Name Holding Trade Value Shares
Change
Change in
Stake
AAM
1
Aberdeen Asset Management
United Kingdom
$1.4B +$6.45M +414,938 +0.4%
Lazard Asset Management
2
Lazard Asset Management
New York
$465M -$46.6M -2,994,486 -9%
Vanguard Group
3
Vanguard Group
Pennsylvania
$316M -$28.2M -1,816,162 -8%
Allianz Asset Management
4
Allianz Asset Management
Germany
$234M +$16.9M +1,088,869 +8%
CS
5
Credit Suisse
Switzerland
$213M +$37.1M +2,388,266 +21%
WI
6
WHV Investments
California
$212M -$27.9M -1,796,959 -11%
State Street
7
State Street
Massachusetts
$170M -$15.3M -984,200 -8%
Schroder Investment Management Group
8
Schroder Investment Management Group
United Kingdom
$163M +$13.2M +849,844 +8%
JP Morgan Chase
9
JP Morgan Chase
New York
$161M +$71.3M +4,581,747 +77%
Deutsche Bank
10
Deutsche Bank
Germany
$137M +$88.6M +5,696,935 +156%
Grantham, Mayo, Van Otterloo & Co (GMO)
11
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$133M -$72.1M -4,634,801 -35%
Wells Fargo
12
Wells Fargo
California
$118M -$3.85M -247,827 -3%
Massachusetts Financial Services
13
Massachusetts Financial Services
Massachusetts
$117M +$11.6M +745,385 +11%
Dimensional Fund Advisors
14
Dimensional Fund Advisors
Texas
$115M +$813K +52,249 +0.7%
Morgan Stanley
15
Morgan Stanley
New York
$93.5M -$57.2M -3,681,234 -38%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$87.9M +$7.76M +498,887 +9%
Susquehanna International Group
17
Susquehanna International Group
Pennsylvania
$86.4M +$14.4M +924,595 +20%
Wellington Management Group
18
Wellington Management Group
Massachusetts
$83.2M +$84.4M +5,427,301 +17,821%
Bank of America
19
Bank of America
North Carolina
$81.4M -$15.6M -1,005,345 -16%
MIP
20
Mondrian Investment Partners
United Kingdom
$80.8M +$8.69M +558,600 +12%
HL
21
Harding Loevner
New Jersey
$75M +$18.3M +1,175,005 +31%
Renaissance Technologies
22
Renaissance Technologies
New York
$73.7M +$33.1M +2,128,471 +79%
Two Sigma Investments
23
Two Sigma Investments
New York
$69.6M +$71M +4,563,777 New
TGA
24
Trilogy Global Advisors
Florida
$66.6M -$9.23M -593,772 -12%
Goldman Sachs
25
Goldman Sachs
New York
$65.5M -$10.4M -666,285 -13%

VALE Hedge Fund Activity: Q4 2013 in Review

355 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Vale (VALE) for Q4 2013, worth a combined $6.69B — down 2.9% from $6.89B a quarter earlier.

Buyers outnumbered sellers: 61 funds opened new VALE positions and 48 closed out — a net gain of 13 holders — while 125 added to existing stakes and 124 trimmed.

The largest buyer was Deutsche Bank, adding an estimated $88.6M. The largest seller was Ashmore Group, exiting entirely with an estimated $102M sold.

  • 355 institutional investors held Vale (VALE) as of Q4 2013, up from 345 in Q3 2013.
  • Funds reported $6.69B of Vale stock for Q4 2013, down 2.9% quarter-over-quarter.
  • 61 funds opened new Vale positions in Q4 2013 and 48 closed out, a net change of +13 holders.
  • The largest Vale buyer in Q4 2013 was Deutsche Bank, an estimated $88.6M added.
  • The largest Vale seller in Q4 2013 was Ashmore Group, an estimated $102M sold.

Based on aggregated 13F filings for Q4 2013.