Vale
VALE
343 hedge funds and large institutions have $7.12B invested in Vale in 2014 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 115 increasing their positions, 129 reducing their positions, and 55 closing their positions.
6% more capital invested
Capital invested by funds: $6.69B → $7.12B (+$432M)
1.87% more ownership
Funds ownership: 13.62% → 15.48% (+1.9%)
3% less funds holding
Funds holding: 355 → 343 (-12)
11% less repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 129
13% less first-time investments, than exits
New positions opened: 48 | Existing positions closed: 55
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
53% less call options, than puts
Call options by funds: $193M | Put options by funds: $412M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAM
Marketfield Asset Management
New York
|
+$213M |
| 2 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
+$213M |
| 3 |
JP Morgan Chase
New York
|
+$171M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$148M |
| 5 |
Capital International Investors
Los Angeles,
California
|
+$147M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$73.7M |
| 2 |
Two Sigma Investments
New York
|
-$69.6M |
| 3 |
AAM
Aberdeen Asset Management
Aberdeen,
United Kingdom
|
-$51.6M |
| 4 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$38.2M |
| 5 |
Bank of New York Mellon
New York
|
-$36.7M |
VALE Hedge Fund Activity: Q1 2014 in Review
343 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Vale (VALE) for Q1 2014, worth a combined $7.12B — up 6.5% from $6.69B a quarter earlier.
Sellers outnumbered buyers: 55 funds closed out of VALE and 48 opened new positions — a net loss of 7 holders — while 129 trimmed existing stakes and 115 added.
The largest buyer was Marketfield Asset Management, opening a new position worth an estimated $213M. The largest seller was Renaissance Technologies, exiting entirely with an estimated $73.7M sold.
- 343 institutional investors held Vale (VALE) as of Q1 2014, down from 355 in Q4 2013.
- Funds reported $7.12B of Vale stock for Q1 2014, up 6.5% quarter-over-quarter.
- 48 funds opened new Vale positions in Q1 2014 and 55 closed out, a net change of -7 holders.
- The largest Vale buyer in Q1 2014 was Marketfield Asset Management, an estimated $213M added.
- The largest Vale seller in Q1 2014 was Renaissance Technologies, an estimated $73.7M sold.
Based on aggregated 13F filings for Q1 2014.