Vale S.A. (VALE) Stock Holdings & Institutional Ownership

Vale S.A.

VALE

Super Fund	Position	Shares	Curr. Value	Port. %	Activity
GQG Partners	Equity	16,574,442	$263,699,372	0.42%	-74.55%
Davis Selected Advisers	Equity	2,931,198	$46,635,360	0.21%	0%
Pzena Investment Management	Equity	188,719	$3,002,512	0.01%	+9.26%

Total Shares Held: 19,694,359

Total Value Reported: $313,337,244

Average Allocation per Portfolio 0.22%

Largest Single Portfolio Allocation: 0.42%

Largest Shareholder: GQG Partners

Change in Total Shares Held (Q on Q): -58,281,617

Percentage Change in Shares Held (Q on Q): -74.74%

Number of Current Holders: 3

Number of New Holders (Q on Q): 0

Number of Funds with Additions (Q on Q): 1

Number of Funds with Reductions (Q on Q): 3

Number of Funds Fully Divested (Q on Q): 2

Number of Funds with No Change (Q on Q): 1