Vale SA-SP ADRVALE

13F holders, Q2 2024 (June 30)
517holders −1
68new positions
70sold out
10famous investors
$11.16avg. 13F price*

At the end of Q2 2024, 517 institutions reported holding Vale SA-SP ADR (VALE) in their 13F filings, down 1 from Q1 2024. 68 opened new positions and 70 sold out. The largest holders were Goldman Sachs Group Inc. ($494.4M), Capital International Investors ($387.6M) and FMR LLC ($345.9M). 10 famous investors held it, including Howard Marks (2.7% of Oaktree Capital Management's portfolio), Steve Cohen (0.1% of Point72 Asset Management's portfolio) and Jim Simons / Peter Brown (0.1% of Renaissance Technologies's portfolio).

Company
Vale SA-SP ADR
CUSIP
91912E105
Latest filing quarter
Q2 2026

History

Number of 13F holders

0200400600 Q1 2024: 518Q1 2024Q2 2024: 517Q2 2024Q3 2024: 510Q3 2024Q4 2024: 499Q4 2024Q1 2025: 491Q1 2025Q2 2025: 474Q2 2025Q3 2025: 491Q3 2025Q4 2025: 534Q4 2025Q1 2026: 557Q1 2026Q2 2026: 543Q2 2026

Total Exit/New Position Q1 2024 → Q2 2024

InstitutionsTotal Value
New Positions68$471.4M
Exits70$538.5M

All 13F filers, Q1 2024 → Q2 2024: 131,593,236 shares bought and 188,108,880 shares sold, net −56,515,644 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 517 holders

Goldman Sachs Group Inc. 0.10% Reduce -53.1% 44,262,764 $494.4M
Capital International Investors 0.08% Reduce -47.0% 34,699,525 $387.6M
FMR LLC 0.02% Add +21.1% 30,970,171 $345.9M
Morgan Stanley 0.03% Add +70.9% 30,895,714 $345.1M
GQG Partners LLC 0.51% New 29,956,481 $334.6M
BlackRock Inc. 0.01% Reduce -34.8% 29,355,495 $327.9M
Capital World Investors 0.05% Reduce -3.3% 27,767,135 $310.2M
T. Rowe Price Associates Inc. 0.03% Add +24.8% 22,825,033 $255.0M
SPX Gestao de Recursos Ltda 37.25% Add +60.6% 21,969,937 $245.4M
Bank of America Corp. 0.02% Add +3.3% 19,360,076 $216.3M
Fisher Asset Management 0.08% Reduce -3.3% 15,722,398 $175.6M
Oaktree Capital Management 2.72% Add +10.7% 12,753,203 $142.5M
Capital Research Global Investors 0.03% Reduce -24.1% 12,484,413 $139.5M
Lazard Asset Management LLC 0.18% Reduce -0.9% 12,155,717 $135.8M
Invesco Ltd. 0.03% Add +0.5% 11,932,500 $133.3M
Massachusetts Financial Services Co. 0.04% Add +27.8% 11,853,914 $132.4M
Mondrian Investment Partners LTD 1.83% Add +20.4% 10,950,729 $118.8M
State Street Corp. 0.01% Reduce -9.6% 10,610,697 $118.5M
Arrowstreet Capital, Limited Partnership 0.10% Add +134.3% 9,822,558 $109.7M
Connor, Clark & Lunn Investment Management Ltd. 0.35% Add +116.0% 7,482,588 $83.6M
Millennium Management 0.07% Add +43.3% 7,459,989 $83.3M
Marshall Wace, LLP 0.11% Add +395.3% 7,152,069 $79.9M
Ninety One UK Ltd 0.22% Reduce -0.2% 7,078,063 $79.1M
Two Sigma Investments, LP 0.18% Add +165.7% 6,719,889 $75.1M
Russell Investments Group, Ltd. 0.12% Reduce -10.5% 6,381,837 $71.3M
UBS Group AG 0.02% Add +201.1% 6,205,139 $69.3M
Van Eck Associates Corp. 0.09% Add +110.9% 5,459,485 $61.0M
Itau Unibanco Holding S.A. 2.40% Add +10.4% 5,398,881 $58.7M
Macquarie Group Ltd. 0.07% Reduce -25.3% 5,139,496 $57.4M
Robeco Institutional Asset Management B.V. 0.11% Add +5.3% 4,509,164 $50.4M
Renaissance Technologies 0.08% Reduce -36.7% 4,422,912 $49.4M
Susquehanna International Group, LLP 0.09% Add +115.3% 4,294,403 $48.0M
Citadel Advisors 0.05% Reduce -13.7% 4,064,712 $45.4M
AQR Capital Management 0.07% Add +35.5% 4,032,893 $45.0M
Dimensional Fund Advisors LP 0.01% Add +10.0% 4,005,525 $44.7M
JPMorgan Chase & Co. 0.00% Reduce -60.8% 3,963,941 $44.3M
Deutsche Bank AG 0.02% Add +4.1% 3,852,081 $43.0M
Aberdeen Group plc 0.08% Reduce -7.0% 3,786,870 $42.3M
Two Sigma Advisers, LP 0.09% Add +226.1% 3,743,700 $41.8M
Qube Research & Technologies Ltd 0.07% Reduce -12.2% 3,430,502 $38.3M
Northern Trust Corp. 0.01% Add +16.4% 3,404,773 $38.0M
Credit Agricole S A 0.23% Add +6.0% 3,376,861 $37.7M
Man Group plc 0.10% Reduce -47.0% 3,188,774 $35.6M
Turim 21 Investimentos Ltda. 8.92% No change 3,131,646 $35.0M
Todd Asset Management LLC 0.71% Reduce -5.7% 3,081,988 $34.4M
Ninety One North America, Inc. 1.66% Reduce -4.0% 2,949,955 $33.0M
Squarepoint Ops LLC 0.11% Add +176.3% 2,643,243 $29.5M
Dynamo Internacional Gestao DE Recursos Ltda. 5.08% Reduce -22.3% 2,557,469 $28.6M
American Century Companies Inc. 0.02% Reduce -35.8% 2,540,586 $28.4M
Allspring Global Investments Holdings, LLC 0.04% Reduce -0.9% 2,441,683 $27.3M
Point72 Asset Management 0.09% Add +36.9% 2,406,648 $26.9M
Sagil Capital LLP 23.54% Add +87.5% 2,400,000 $26.8M
Nuveen Asset Management, LLC 0.01% Add +0.0% 2,313,428 $25.8M
BNP Paribas Financial Markets 0.03% Add +6.5% 2,238,120 $25.0M
Carrhae Capital LLP 4.04% New 2,210,904 $24.7M
Contrarian Capital Management, L.L.C. 7.58% Reduce -6.6% 2,161,732 $24.1M
USS Investment Management Ltd 0.18% New 2,018,509 $22.5M
Teachers Retirement System of the State of Kentucky 0.20% Reduce -4.5% 1,993,310 $22.3M
Vanguard Group Inc. 0.00% Reduce -0.4% 1,930,231 $21.6M
Moneda S.A. Administradora General de Fondos 15.11% Reduce -32.6% 1,924,954 $21.5M
Kiltearn Partners LLP 2.42% Reduce -9.4% 1,788,400 $20.0M
Wellington Management Group LLP 0.00% Add +152.8% 1,655,134 $18.5M
National Bank of Canada 0.03% Add +1079.6% 1,575,642 $17.6M
Barclays PLC 0.01% Add +44.4% 1,575,596 $17.6M
Manufacturers Life Insurance Company, The 0.02% Add +1816.2% 1,516,334 $16.9M
Capital International, Inc. 0.22% Reduce -15.3% 1,500,173 $16.8M
Sei Investments Co. 0.02% Add +6.5% 1,497,507 $16.7M
Amundi 0.01% Reduce -5.4% 1,340,739 $15.6M
HSBC Holdings PLC 0.01% Reduce -16.3% 1,209,477 $13.5M
Oaktree Fund Advisors, LLC 12.02% Add +11.4% 1,137,196 $12.7M
Jane Street Group, LLC 0.01% Reduce -1.7% 1,107,774 $12.4M
Raymond James & Associates 0.01% Reduce -18.1% 1,077,563 $12.0M
BW Gestao de Investimentos Ltda. 1.51% New 1,022,595 $11.4M
Envestnet Asset Management Inc. 0.00% Reduce -44.8% 935,551 $10.5M
Ameriprise Financial Inc. 0.00% Add +340.6% 927,245 $10.3M
Regal Partners Ltd 1.06% New 919,376 $10.3M
O'shaughnessy Asset Management, LLC 0.10% Add +19.1% 874,307 $9.8M
Leonteq Securities AG 1.33% Add +131.4% 858,150 $9.6M
Cambridge Investment Research Advisors, Inc. 0.03% Add +32.5% 844,016 $9.4M
Westchester Capital Management, LLC 0.41% Add +141.2% 838,700 $9.4M
Wells Fargo & Company 0.00% Reduce -4.3% 832,696 $9.3M
GMO 0.03% Add +175.5% 831,953 $9.3M
Cubist Systematic Strategies, LLC 0.15% Add +19.0% 758,377 $8.5M
Royal Bank of Canada 0.00% Reduce -19.1% 751,643 $8.4M
Commonwealth Equity Services, LLC 0.01% Add +12.9% 748,487 $8.4M
Herr Investment Group LLC 2.45% New 742,400 $8.3M
FIL Ltd 0.01% Add +11.9% 732,223 $8.2M
Simplex Trading, LLC 0.26% Reduce -27.0% 728,549 $8.1M
BTG Pactual Asset Management US LLC 2.02% — 722,070 $8.1M
Cohen & Steers, Inc. 0.02% Add +2.3% 707,782 $7.9M
Franklin Resources Inc. 0.00% Add +1.4% 692,707 $7.7M
State of New Jersey Common Pension Fund D 0.03% Reduce -32.4% 688,435 $7.7M
MMCAP International Inc. SPC 1.07% Reduce -42.3% 681,500 $7.6M
DekaBank Deutsche Girozentrale 0.01% Add +0.8% 631,753 $6.9M
Citigroup Inc. 0.01% Reduce -55.6% 617,367 $6.9M
LPL Financial LLC 0.00% Add +10.3% 604,653 $6.8M
Trexquant Investment LP 0.10% Add +38.5% 604,251 $6.7M
Walleye Capital LLC 0.08% Add +105.0% 596,078 $6.7M
Cantor Fitzgerald, L. P. 1.35% New 594,801 $6.6M
Barings LLC 0.16% No change 567,687 $6.3M
Thrivent Financial for Lutherans 0.01% Add +12.5% 551,760 $6.2M
Advanced Portfolio Management, LLC 4.05% New 550,000 $6.1M
Aquatic Capital Management LLC 0.22% Reduce -34.8% 542,800 $6.1M
Boston Partners 0.01% Add +1661.8% 539,313 $6.0M
Capital International Sarl 0.18% Reduce -46.4% 539,285 $6.0M
Clough Capital Partners L P 0.63% Reduce -44.6% 514,752 $5.7M
Polar Asset Management Partners Inc. 0.22% New 500,000 $5.6M
Scopus Asset Management, L.P. 0.17% New 500,000 $5.6M
Healthcare of Ontario Pension Plan Trust Fund 0.02% New 479,900 $5.4M
CI Investments Inc. 0.02% Reduce -4.9% 474,898 $5.3M
Miller Howard Investments Inc. 0.17% Add +65.5% 455,000 $5.1M
Greenline Partners, LLC 0.76% Add +0.2% 444,060 $5.0M
BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% Add +4.2% 433,960 $4.8M
Deprince Race & Zollo Inc. 0.10% Add +45.0% 419,280 $4.7M
Gsa Capital Partners LLP 0.33% Add +162.9% 417,559 $4.7M
Stifel Financial Corp. 0.01% Add +38.1% 412,427 $4.6M
Capital Fund Management S.A. 0.05% Reduce -3.3% 412,012 $4.6M
Group One Trading LLC 0.14% Add +5.4% 404,976 $4.5M
Pinebridge Investments, L.P. 0.04% Reduce -1.0% 404,744 $4.5M
TLS Advisors LLC 11.30% Add +9.8% 404,000 $4.5M
NFJ Investment Group, LLC 0.14% Add +571.0% 398,758 $4.5M
Capital Group Private Client Services, Inc. 0.04% Reduce -74.0% 397,658 $4.4M
Natixis Advisors, LLC 0.01% Reduce -30.3% 392,298 $4.4M
Anthracite Investment Company, Inc. 2.13% New 358,802 $4.0M
Capital International Ltd. 0.17% Reduce -51.9% 336,485 $3.8M
Manning & Napier Advisors LLC 0.04% — 334,353 $3.7M
Eisler Capital (UK) Ltd. 1.18% Add +143.3% 325,496 $3.6M
HighTower Advisors, LLC 0.01% New 318,958 $3.6M
Osaic Holdings, Inc. 0.01% Reduce -18.1% 298,556 $3.3M
Banco Santander, S.A. 0.04% Add +80.4% 287,497 $3.2M
Banco Bilbao Vizcaya Argentaria, S.A. 0.03% Add +18.9% 275,439 $3.1M
MML Investors Services, LLC 0.01% Reduce -2.1% 268,734 $3.0M
Tidal Investments LLC 0.04% Reduce -7.7% 266,227 $3.0M
Daiwa Securities Group Inc. 0.02% Add +1.9% 263,994 $2.9M
VPR Management LLC 1.07% No change 256,714 $2.9M
Sumitomo Mitsui Trust Group, Inc. 0.00% Reduce -27.0% 255,109 $2.8M
Pzena Investment Management LLC 0.01% Add +10.5% 253,398 $2.8M
Amova Asset Management Americas, Inc. 0.03% Reduce -17.0% 252,403 $2.8M
Townsquare Capital LLC 0.04% Add +31.5% 250,090 $2.8M
Bridgewater Associates 0.01% Reduce -42.2% 247,272 $2.8M
Norden Group LLC 0.56% Add +32.7% 246,314 $2.8M
Raymond James Financial Services Advisors, Inc. 0.00% Reduce -25.1% 242,573 $2.7M
Mudita Advisors LLP 1.34% No change 234,100 $2.6M
Graham Capital Management, L.P. 0.16% Add +270.8% 233,177 $2.6M
Marex Group Ltd 0.07% New 229,337 $2.6M
Prospera Financial Services Inc 0.07% Reduce -23.5% 225,917 $2.5M
Mackenzie Financial Corp. 0.00% Reduce -88.4% 219,700 $2.5M
SG Americas Securities, LLC 0.02% Add +109.2% 218,218 $2.4M
Crossmark Global Holdings, Inc. 0.05% Reduce -15.2% 209,564 $2.3M
Capital Markets Trading UK LLP 1.70% Reduce -54.5% 207,762 $2.3M
Advisors Asset Management, Inc. 0.04% Add +12.9% 205,758 $2.3M
Cetera Investment Advisers 0.01% Reduce -7.8% 200,251 $2.2M
Pacific Heights Asset Management LLC 0.18% No change 200,000 $2.2M
Atom Investors LP 0.22% New 198,928 $2.2M
Mirae Asset Global Investments Co., Ltd. 0.01% Reduce -71.0% 198,475 $2.2M
D. E. Shaw & Co. 0.00% Reduce -89.6% 192,746 $2.2M
Voloridge Investment Management, LLC 0.01% New 192,095 $2.1M
Asset Management One Co., Ltd. 0.01% No change 191,641 $2.1M
Assetmark, Inc. 0.01% Add +15.0% 188,155 $2.1M
Longfellow Investment Management Co. LLC 0.52% No change 186,778 $2.1M
Headlands Technologies LLC 0.22% Reduce -58.9% 184,838 $2.1M
Pacer Advisors, Inc. 0.00% Add +59.1% 175,683 $2.0M
AIA Group Ltd 0.06% Reduce -6.2% 175,395 $2.0M
HUB Investment Partners, LLC 0.09% Add +340.8% 174,232 $1.9M
Richard P Slaughter Associates Inc 0.46% Add +2.1% 173,316 $1.9M
Summit Securities Group LLC 0.74% No change 173,000 $1.9M
Cloverfields Capital Group, LP 0.65% Add +1.6% 172,330 $1.9M
XTX Topco Ltd 0.16% Reduce -27.8% 170,439 $1.9M
Prosperitas Financial LLC 1.15% Add +25.1% 169,014 $1.9M
Scotia Capital Inc. 0.01% Add +54.8% 168,154 $1.9M
Mirabella Financial Services LLP 0.15% New 163,029 $1.8M
Ritholtz Wealth Management 0.06% Add +5.2% 162,078 $1.8M
U.S. Capital Wealth Advisors, LLC 0.07% Reduce -2.4% 158,942 $1.8M
Principal Financial Group Inc. 0.00% Reduce -7.7% 157,067 $1.8M
Nomura Holdings Inc. 0.01% Reduce -16.6% 151,543 $1.7M
Rhumbline Advisers 0.00% Reduce -58.4% 151,391 $1.7M
IMC-Chicago, LLC 0.05% Add +237.9% 151,226 $1.7M
Impala Asset Management LLC 1.51% New 150,000 $1.7M
Profund Advisors LLC 0.06% Add +3.9% 144,183 $1.6M
Cibc World Market Inc. 0.00% Add +3.8% 141,622 $1.6M
Optiver Holding B.V. 0.03% Reduce -97.0% 140,436 $1.6M
Engineers Gate Manager LP 0.04% Reduce -44.2% 140,007 $1.6M
X-Square Capital, LLC 0.56% Add +0.9% 139,071 $1.6M
Northwestern Mutual Wealth Management Co. 0.00% Add +4.7% 138,509 $1.5M
Metis Global Partners, LLC 0.05% Add +10.6% 136,738 $1.5M
Alliancebernstein L.P. 0.00% Reduce -7.6% 135,559 $1.5M
Neuberger Berman Group LLC 0.00% Reduce -1.0% 131,208 $1.5M
Campbell & CO Investment Adviser LLC 0.12% Reduce -41.0% 130,993 $1.5M
D.A. Davidson & Co. 0.01% Add +26.9% 128,887 $1.4M
Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% Add +61.2% 126,690 $1.4M
Rockefeller Capital Management L.P. 0.00% Add +38.2% 121,768 $1.4M
Vontobel Holding Ltd. 0.00% Reduce -11.7% 121,673 $1.4M
Deltec Asset Management LLC 0.26% Reduce -2.4% 120,000 $1.3M
Liontrust Investment Partners LLP 0.02% Reduce -46.7% 120,000 $1.3M
Stratos Wealth Advisors, LLC 0.07% Add +840.1% 119,068 $1.3M
J. Safra Sarasin Holding AG 0.02% — 118,200 $1.3M
Concurrent Investment Advisors, LLC 0.04% New 115,768 $1.3M
ABS Direct Equity Fund LLC 1.39% Add +2.8% 110,523 $1.2M
NS Partners Ltd 0.05% No change 104,700 $1.2M
Qtron Investments LLC 0.16% Reduce -61.7% 101,507 $1.1M
Strategic Wealth Partners, Ltd. 0.11% New 98,264 $1.1M
Prime Capital Investment Advisors, LLC 0.02% Add +7.5% 95,933 $1.1M
Naviter Wealth, LLC 0.16% Reduce -0.8% 94,812 $1.1M
TD Waterhouse Canada Inc. 0.01% Reduce -10.6% 94,582 $1.1M
Corient Private Wealth LP 0.00% Reduce -33.9% 93,120 $1.0M
Verition Fund Management LLC 0.01% Add +20.4% 92,930 $1.0M
Janney Montgomery Scott LLC 0.00% Reduce -10.7% 92,553 $1.0M
US Bancorp \de 0.00% Add +52.8% 91,216 $1.0M
United Capital Management of KS, Inc. 0.22% Add +4.5% 91,050 $1.0M
Nomura Asset Management Co. Ltd. 0.00% Reduce -0.6% 90,417 $1.0M
Kestra Advisory Services, LLC 0.01% Add +11.3% 88,996 $994K
Bluefin Capital Management, LLC 0.58% Reduce -4.1% 88,500 $989K
Arkadios Wealth Advisors 0.06% New 85,931 $960K
APG Asset Management N.V. 0.00% Reduce -80.7% 88,200 $919K
1832 Asset Management L.P. 0.00% Reduce -18.3% 81,600 $911K
Baird Financial Group, Inc. 0.00% Reduce -22.5% 79,106 $884K
MQS Management LLC 0.52% Add +91.0% 77,188 $862K
F/m Investments LLC 0.03% New 73,162 $823K
Guggenheim Capital LLC 0.01% Add +4.5% 73,588 $822K
Windmill Hill Asset Management Ltd 0.34% No change 73,130 $817K
Yousif Capital Management, LLC 0.01% Reduce -9.4% 71,700 $801K
CoreCommodity Management, LLC 0.31% Reduce -40.9% 71,026 $793K
Integrated Wealth Concepts LLC 0.01% Add +27.9% 69,030 $771K
Creative Planning 0.00% Reduce -0.2% 69,010 $771K
Milestone Asset Management, LLC 0.19% Add +359.5% 68,413 $764K
Segall Bryant & Hamill, LLC 0.01% Reduce -28.9% 66,974 $748K
Wexford Capital LP 0.19% New 66,938 $748K
MAI Capital Management 0.01% Add +9.9% 66,226 $740K
Euro Pacific Asset Management, LLC 0.14% Add +7.3% 64,887 $729K
Donoghue Forlines LLC 0.20% Add +22.2% 63,405 $708K
Bank of New York Mellon Corp 0.00% Add +1.9% 62,076 $693K
Traynor Capital Management, Inc. 0.06% Reduce -55.3% 59,584 $666K
Geode Capital Management, LLC 0.00% Reduce -2.9% 59,057 $660K
Mitsubishi UFJ Asset Management Co., Ltd. 0.00% Reduce -5.8% 58,804 $657K
Sowell Financial Services LLC 0.03% New 58,115 $649K
Sprott Inc. 0.05% Reduce -2.0% 57,226 $639K
Orion Porfolio Solutions, LLC 0.01% Reduce -7.4% 56,902 $636K
Orion Portfolio Solutions, LLC 0.01% Reduce -7.4% 56,902 $636K
Radnor Capital Management, LLC 0.19% No change 55,766 $623K
QRG Capital Management, Inc. 0.01% Add +12.0% 53,903 $602K
Financial Sense Advisors, Inc. 0.19% New 52,477 $586K
NorthCoast Asset Management LLC 0.01% New 51,941 $580K
Freestone Capital Holdings, LLC 0.02% Reduce -5.3% 51,921 $580K
Advisory Services Network, LLC 0.01% Reduce -5.1% 51,284 $573K
Atria Wealth Solutions, Inc. 0.01% Reduce -30.0% 51,122 $571K
Federation des caisses Desjardins du Quebec 0.00% Add +24.9% 50,263 $561K
Knollwood Investment Advisory, LLC 0.06% No change 50,000 $559K
Cibc World Markets Corp. 0.00% New 50,000 $559K
Perpetual Ltd 0.01% No change 47,111 $526K
LSV Asset Management 0.00% No change 46,822 $523K
Johnson Investment Counsel Inc. 0.01% No change 46,801 $523K
Laird Norton Wetherby Wealth Management, LLC 0.02% Reduce -18.7% 46,465 $519K
Jade Capital Advisors, LLC 0.36% Reduce -70.0% 45,000 $503K
Seelaus Asset Management LLC 0.51% Add +96.2% 44,210 $494K
Natixis 0.00% Add +1023.3% 43,787 $489K
Bank of Montreal 0.00% Reduce -26.8% 43,392 $488K
Ridgewood Investments LLC 0.24% Reduce -0.0% 43,431 $485K
Wahed Invest LLC 0.10% Add +8.9% 43,391 $485K
Recurrent Investment Advisors LLC 0.05% Reduce -2.8% 42,754 $478K
Cullinan Associates Inc. 0.03% New 41,225 $460K
Rwa Wealth Partners, LLC 0.01% Reduce -0.4% 40,825 $456K
180 Wealth Advisors, LLC 0.07% Add +12.1% 40,010 $456K
Peapack Gladstone Financial Corp. 0.01% Reduce -14.4% 40,227 $449K
Ping Capital Management, Inc. 0.28% — 40,000 $447K
Wellington Shields Capital Management, LLC 0.08% Add +100.0% 40,000 $447K
Farther Finance Advisors, LLC 0.02% Reduce -5.9% 39,408 $441K
NEOS Investment Management LLC 0.02% Add +10.5% 39,427 $440K
Capital Group Investment Management Pte. LTD. 0.09% Reduce -66.6% 39,077 $436K
Sanctuary Advisors, LLC 0.00% — 34,911 $429K
Checchi Capital Advisers, LLC 0.03% Reduce -12.3% 38,282 $428K
Summit Trail Advisors, LLC 0.01% New 38,057 $425K
Edmond DE Rothschild Holding S.A. 0.01% Add +68.2% 37,000 $413K
Mariner, LLC 0.00% Reduce -46.6% 36,795 $411K
Wolverine Trading, LLC 0.01% Reduce -79.8% 36,745 $410K
Compound Planning, Inc. 0.03% Add +46.5% 35,959 $402K
Formidable Asset Management, LLC 0.06% Reduce -10.3% 35,726 $399K
Bleakley Financial Group, LLC 0.01% Reduce -11.4% 35,630 $398K
Simplicity Wealth,LLC 0.01% Reduce -11.6% 35,300 $394K
Insigneo Advisory Services, LLC 0.04% Reduce -86.5% 39,497 $393K
Victory Capital Management Inc. 0.00% Add +14.1% 35,115 $392K
InTrack Investment Management Inc 0.28% Reduce -11.1% 35,090 $392K
Compass Group LLC 0.29% Reduce -78.8% 35,000 $391K
StoneX Group Inc. 0.03% New 34,786 $389K
First Hawaiian Bank 0.01% Add +0.6% 34,652 $387K
ING Groep NV 0.00% No change 34,500 $385K
Schonfeld Strategic Advisors LLC 0.00% Reduce -91.5% 33,702 $376K
Vanguard Personalized Indexing Management, LLC 0.01% Reduce -2.6% 32,944 $368K
Bayesian Capital Management, LP 0.04% Add +38.7% 32,600 $364K
Truist Financial Corp. 0.00% Reduce -5.9% 32,252 $360K
Readystate Asset Management LP 0.03% Reduce -85.7% 32,223 $360K
Apollon Wealth Management, LLC 0.01% Reduce -24.2% 32,074 $358K
SeaCrest Wealth Management, LLC 0.04% Add +16.1% 32,030 $358K
Banque Cantonale Vaudoise 0.01% Add +5.7% 32,007 $357K
Letko, Brosseau & Associates Inc. 0.01% New 31,875 $356K
Financial Perspectives, Inc 0.12% No change 30,074 $336K
Equitable Holdings, Inc. 0.00% Add +24.7% 29,930 $334K
Level Four Advisory Services, LLC 0.01% Add +35.4% 29,860 $334K
Steward Partners Investment Advisory, LLC 0.00% Add +1.6% 29,816 $333K
Aprio Wealth Management, LLC 0.06% Add +73.3% 29,468 $329K
Greenleaf Trust 0.00% Reduce -0.2% 29,301 $327K
Avestar Capital, LLC 0.04% Add +25.0% 29,069 $325K
Pathstone Holdings, LLC 0.00% Reduce -19.4% 28,793 $322K
Essex LLC 0.07% Reduce -6.3% 28,705 $321K
Quantinno Capital Management LP 0.01% New 28,443 $318K
HighPoint Advisor Group LLC 0.02% Reduce -2.9% 29,614 $317K
Old National Bancorp 0.01% Add +20.9% 28,289 $316K
Captrust Financial Advisors 0.00% Add +0.4% 28,147 $314K
Kathmere Capital Management, LLC 0.03% Add +46.7% 28,102 $314K
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% — 28,047 $313K
Venturi Wealth Management, LLC 0.02% Reduce -8.9% 27,765 $310K
Fifth Third Bancorp 0.00% Reduce -21.5% 27,592 $308K
Pinnacle Associates Ltd. 0.00% Reduce -4.8% 27,379 $306K
Calamos Advisors LLC 0.00% No change 26,450 $295K
New York State Common Retirement Fund 0.00% Add +2.8% 26,011 $291K
Bessemer Group Inc. 0.00% No change 25,435 $284K
Raymond James Trust N.A. 0.01% Reduce -27.2% 25,263 $282K
Moran Wealth Management, LLC 0.01% Add +5.0% 25,219 $282K
Avantax Advisory Services, Inc. 0.00% Add +9.7% 24,388 $272K
Wedbush Securities Inc. 0.01% Reduce -14.7% 24,137 $270K
FNY Investment Advisers, LLC 0.18% Add +1047.6% 24,100 $269K
Sompo Asset Management Co., Ltd. 0.04% Reduce -6.7% 23,560 $263K
Venture Visionary Partners LLC 0.01% No change 22,896 $256K
IFG Advisory, LLC 0.02% Add +6.0% 22,702 $254K
Cravens & Co Advisors, LLC 0.19% Reduce -4.4% 22,616 $253K
White Knight Strategic Wealth Advisors, LLC 0.25% New 22,140 $247K
Choreo, LLC 0.00% Add +23.8% 21,987 $246K
Accordant Advisory Group Inc 0.24% Add +522.1% 21,774 $243K
Dynamic Technology Lab Private Ltd 0.03% Reduce -74.0% 21,790 $243K
LMR Partners LLP 0.01% Add +267.8% 21,704 $242K
Centiva Capital, LP 0.01% Reduce -89.3% 21,648 $242K
Rathbones Group PLC 0.00% No change 21,590 $242K
Roman Butler Fullerton & Co. 0.08% New 20,736 $238K
Private Advisor Group, LLC 0.00% Add +48.9% 21,072 $235K
PNC Financial Services Group, Inc. 0.00% Reduce -1.7% 20,874 $233K
Inspire Advisors, LLC 0.03% Add +7.8% 20,781 $232K
Pension & Wealth Management Advisors, Inc. 0.13% New 20,410 $228K
Signaturefd, LLC 0.00% Reduce -18.4% 20,225 $226K
Quadrant Capital Group LLC 0.02% Reduce -16.7% 20,052 $224K
Absolute Gestao de Investimentos Ltda. 0.12% Reduce -60.0% 20,000 $223K
Kestra Private Wealth Services, LLC 0.00% Reduce -66.3% 19,927 $223K
Vident Advisory, LLC 0.01% Reduce -6.0% 19,183 $214K
Cullen Capital Management, LLC 0.00% Reduce -78.4% 18,718 $209K
Legacy Capital Group California, Inc. 0.07% Add +6.9% 17,932 $200K
Synergy Asset Management, LLC 0.03% New 17,848 $199K
Alera Investment Advisors, LLC 0.02% New 17,277 $193K
West Family Investments, Inc. 0.06% Reduce -22.9% 16,825 $188K
First Trust Advisors LP 0.00% Reduce -16.8% 16,677 $186K
Oppenheimer & Co. Inc. 0.00% Reduce -3.5% 16,646 $186K
Independent Financial Group, LLC 0.01% Add +15.9% 16,479 $184K
Pekin Hardy Strauss, Inc. 0.03% Reduce -26.1% 16,415 $183K
Tucker Asset Management LLC 0.04% Add +9.0% 16,371 $183K
Blue Trust, Inc. 0.00% Add +34.2% 14,880 $181K
Fox Run Management, L.L.C. 0.03% New 16,156 $180K
Flagship Harbor Advisors, LLC 0.01% Reduce -3.3% 16,113 $180K
Wealth Enhancement Advisory Services, LLC 0.00% Add +11.9% 16,094 $180K
Northside Capital Management, LLC 0.03% No change 16,000 $179K
Gould Asset Management LLC 0.04% No change 15,940 $178K
Jones Financial Companies LLLP 0.00% Add +4104.8% 15,768 $176K
Patriot Financial Group Insurance Agency, LLC 0.03% Add +15.6% 15,524 $173K
Bank of Nova Scotia 0.00% Reduce -87.4% 15,450 $173K
Fort Washington Investment Advisors Inc. 0.00% No change 15,308 $171K
AdvisorNet Financial, Inc 0.02% Add +189.7% 15,280 $171K
Sequoia Financial Advisors, LLC 0.00% Reduce -8.2% 14,990 $167K
Conservest Capital Advisors, Inc. 0.02% No change 13,585 $166K
Realta Investment Advisors 0.03% Reduce -6.3% 14,818 $166K
Rehmann Capital Advisory Group 0.01% Add +11.9% 14,805 $165K
Virtus Advisers, LLC 0.08% Add +24.7% 14,640 $164K
Matthews International Capital Management LLC 0.04% Reduce -62.4% 14,610 $163K
Advisors Preferred, LLC 0.03% New 14,474 $162K
Wedmont Private Capital 0.01% Reduce -0.7% 13,872 $160K
Wealth Alliance, LLC 0.02% Reduce -12.2% 14,009 $156K
CSS LLC 0.03% New 14,000 $156K
Financial Counselors Inc. 0.00% Reduce -21.9% 13,943 $156K
International Assets Investment Management, LLC 0.01% No change 13,624 $152K
D'Orazio & Associates, Inc. 0.02% New 13,475 $151K
Belpointe Asset Management LLC 0.01% Add +23.0% 13,349 $149K
Sound Income Strategies, LLC 0.01% Add +99.8% 13,246 $148K
Confluence Investment Management LLC 0.00% Reduce -1.5% 13,115 $146K
JARISLOWSKY, FRASER Ltd 0.00% New 13,100 $146K
Focus Financial Network, Inc. 0.01% New 12,970 $145K
Laidlaw Wealth Management LLC 0.08% Reduce -4.3% 12,909 $144K
Envestnet Portfolio Solutions, Inc. 0.00% Reduce -41.7% 12,671 $142K
Ballentine Partners, LLC 0.00% Reduce -44.9% 12,640 $141K
Summit Financial, LLC 0.01% Add +14.9% 12,529 $140K
Gateway Investment Advisers LLC 0.00% Reduce -92.6% 12,470 $139K
Bridgefront Capital, LLC 0.06% Add +1.8% 12,415 $139K
Cresset Asset Management, LLC 0.00% Reduce -66.2% 11,937 $133K
Park Avenue Securities LLC 0.00% Reduce -80.1% 11,792 $132K
Cwm, LLC 0.00% Reduce -31.8% 11,426 $128K
Cary Street Partners Investment Advisory LLC 0.01% Add +2.6% 11,286 $126K
Freedom Investment Management, Inc. 0.01% Reduce -25.0% 11,216 $125K
Signature Estate & Investment Advisors LLC 0.00% New 11,187 $125K
Baker Avenue Asset Management, LP 0.00% No change 11,145 $124K
Vawter Financial, Ltd. 0.09% New 11,120 $124K
Kickstand Ventures, Llc. 0.03% New 11,095 $124K
Virtu Financial LLC 0.01% Reduce -90.2% 11,046 $123K
Sheaff Brock Investment Advisors, LLC 0.01% Reduce -10.3% 10,410 $116K
Keynote Financial Services LLC 0.10% Add +0.3% 10,337 $115K
NewEdge Wealth, LLC 0.00% New 10,313 $115K
Tower Research Capital LLC (TRC) 0.00% Reduce -83.4% 10,261 $115K
Stock Yards Bank & Trust Co. 0.00% No change 10,257 $115K
OneDigital Investment Advisors LLC 0.00% New 10,240 $114K
World Investment Advisors 0.01% New 10,215 $114K
M&T Bank Corp 0.00% Reduce -4.5% 10,144 $113K
Ascent Group, LLC 0.01% Reduce -15.1% 10,109 $113K
Deuterium Capital Management, LLC 0.19% No change 10,000 $112K
Gabelli Funds LLC 0.00% No change 10,000 $112K
STRS Ohio 0.00% No change 10,000 $112K
Stonehage Fleming Financial Services Holdings Ltd 0.00% New 9,028 $101K
Larson Financial Group LLC 0.01% Add +5.8% 8,121 $91K
Quantbot Technologies LP 0.00% Reduce -97.2% 7,932 $89K
Dynamo Administracao de Recursos Ltda. 0.54% No change 7,863 $88K
Rakuten Securities, Inc. 0.04% Reduce -53.0% 7,833 $87K
Lindbrook Capital, LLC 0.01% Reduce -7.5% 7,815 $87K
Strengthening Families & Communities, LLC 0.02% No change 7,399 $83K
Parallel Advisors, LLC 0.00% Reduce -54.4% 6,628 $74K
Lanark Financial, Inc. 0.01% Add +235.1% 6,565 $73K
Rosenberg Matthew Hamilton 0.02% Reduce -11.7% 6,423 $72K
Global Retirement Partners, LLC 0.00% Reduce -39.1% 6,406 $72K
Benjamin F. Edwards & Company, Inc. 0.00% Add +3.1% 6,062 $68K
Hilltop National Bank 0.02% Add +2.6% 5,678 $63K
Geneos Wealth Management Inc. 0.00% Add +21.5% 5,500 $61K
Investors Research Corp 0.01% No change 5,500 $61K
EverSource Wealth Advisors, LLC 0.00% Reduce -9.0% 5,375 $58K
Principal Securities, Inc. 0.00% Reduce -86.7% 5,070 $57K
Capital Analysts, LLC 0.00% No change 4,892 $55K
NewEdge Advisors, LLC 0.00% Reduce -34.0% 4,759 $53K
GPS Wealth Strategies Group, LLC 0.01% Add +8.3% 4,624 $52K
McIlrath & Eck, LLC 0.01% No change 4,107 $46K
Ameliora Wealth Management Ltd. 0.02% No change 4,000 $45K
TCTC Holdings, LLC 0.00% No change 4,000 $45K
Lowe Wealth Advisors, LLC 0.02% New 3,995 $45K
Huntington National Bank 0.00% Reduce -30.0% 3,918 $44K
Founders Capital Management 0.03% No change 3,800 $42K
Sandy Spring Bank 0.00% No change 3,100 $35K
Harbour Investments, Inc. 0.00% Reduce -16.1% 2,918 $33K
Pacifica Partners Inc. 0.01% New 2,365 $27K
Atlas Capital Advisors Inc. 0.00% Reduce -89.9% 2,377 $27K
CIBC Private Wealth Group LLC 0.00% Reduce -35.0% 2,140 $25K
Frazier Financial Advisors, LLC 0.02% Add +259.5% 2,139 $24K
Versant Capital Management, Inc 0.01% No change 2,100 $23K
Atwood & Palmer Inc. 0.00% New 2,073 $23K
Iron Horse Wealth Management, LLC 0.01% Add +34.7% 1,940 $22K
Whittier Trust Co. 0.00% Reduce -6.3% 1,828 $20K
AXA S.A. 0.00% No change 1,740 $19K
Legal & General Group Plc 0.00% No change 1,694 $19K
SYSTM Wealth Solutions LLC 0.00% No change 1,688 $19K
Nisa Investment Advisors, LLC 0.00% New 1,600 $18K
Riggs Asset Managment Co. Inc. 0.01% Reduce -56.2% 1,576 $18K
Annis Gardner Whiting Capital Advisors, LLC 0.00% No change 1,511 $17K
Mizuho Securities Co. Ltd. 0.04% New 1,500 $17K
Bartlett & Co. Wealth Management LLC 0.00% Reduce -31.8% 1,500 $17K
Allworth Financial LP 0.00% Reduce -18.1% 1,522 $17K
Halpern Financial, Inc. 0.00% No change 1,458 $16K
JFS Wealth Advisors, LLC 0.00% No change 1,258 $14K
Creative Financial Designs Inc. 0.00% New 1,225 $14K
Bank of New Hampshire 0.00% No change 1,155 $13K
Rock Creek Group LLC 0.00% Reduce -35.7% 1,031 $12K
Islay Capital Management, LLC 0.01% No change 1,000 $11K
Princeton Global Asset Management LLC 0.00% No change 1,000 $11K
Financial Connections Group, Inc. 0.01% No change 1,000 $11K
IFP Advisors, Inc 0.00% Add +7.2% 939 $10K
Asset Dedication, LLC 0.00% New 792 $9K
REAP Financial Group, LLC 0.00% Reduce -39.5% 772 $9K
HHM Wealth Advisors, LLC 0.00% Reduce -48.6% 700 $8K
Silicon Valley Capital Partners 0.00% No change 672 $8K
Avior Wealth Management, LLC 0.00% Reduce -65.7% 660 $7K
WealthCollab, LLC 0.01% Reduce -55.9% 622 $7K
Community Bank, N.A. 0.00% No change 600 $7K
Macroview Investment Management LLC 0.01% Add +25.5% 547 $6K
First United Bank & Trust 0.00% No change 500 $6K
TruNorth Capital Management, LLC 0.00% New 500 $6K
Eagle Bay Advisors LLC 0.00% No change 492 $5K
Highline Wealth Partners LLC 0.00% New 471 $5K
Sunbelt Securities, Inc. 0.00% No change 350 $4K
Rothschild Investment LLC 0.00% No change 335 $4K
Salem Investment Counselors Inc. 0.00% No change 325 $4K
PEAK6 Investments LLC 0.00% Reduce -99.3% 313 $3K
Oliver Lagore Vanvalin Investment Group 0.00% Reduce -25.9% 300 $3K
FinTrust Capital Advisors, LLC 0.00% No change 293 $3K
Parkside Financial Bank & Trust 0.00% Reduce -69.0% 269 $3K
Householder Group Estate & Retirement Specialist, LLC 0.00% No change 300 $3K
Anchor Investment Management, LLC 0.00% No change 250 $3K
Gradient Investments LLC 0.00% No change 250 $3K
Sittner & Nelson, LLC 0.00% No change 237 $3K
Mather Group, Llc. 0.00% Add +25.9% 214 $3K
Thurston, Springer, Miller, Herd & Titak, Inc. 0.00% New 224 $3K
True Wealth Design, LLC 0.00% Add +27.6% 222 $2K
First Horizon Advisors, Inc. 0.00% New 218 $2K
Bell Investment Advisors, Inc 0.00% Add +58.4% 217 $2K
Ramirez Asset Management, Inc. 0.00% No change 205 $2K
Bank & Trust Co 0.00% — 200 $2K
CENTRAL TRUST Co 0.00% New 200 $2K
Flputnam Investment Management Co. 0.00% New 200 $2K
HighMark Wealth Management LLC 0.00% New 183 $2K
Bogart Wealth, LLC 0.00% Reduce -54.2% 176 $2K
WR Wealth Planners, LLC 0.00% No change 175 $2K
First Financial Corp. 0.00% No change 172 $2K
SOA Wealth Advisors, LLC. 0.00% No change 170 $2K
GAMMA Investing LLC 0.00% Reduce -74.9% 168 $2K
Chelsea Counsel Co. 0.00% New 166 $2K
Janiczek Wealth Management, LLC 0.00% New 143 $2K
Strategic Financial Concepts, LLC 0.00% New 16,676 $2K
Raffa Wealth Management, LLC 0.00% No change 106 $1K
Crewe Advisors LLC 0.00% No change 105 $1K
USCF Advisers LLC 0.11% No change 100 $1K
Cedar Wealth Management, LLC 0.00% No change 100 $1K
Tsfg, LLC 0.00% No change 100 $1K
Cornerstone Planning Group LLC 0.00% No change 100 $995
Continuum Advisory, LLC 0.00% No change 84 $938
Custom Portfolio Group LLC 0.00% No change 82 $916
Abound Wealth Management 0.00% Reduce -23.2% 53 $593
Mfa Wealth Advisors, LLC 0.00% New 50 $559
Lynx Investment Advisory 0.00% — 45 $503
Opal Wealth Advisors, LLC 0.00% Reduce -69.9% 43 $481
Hollencrest Capital Management 0.00% No change 36 $402
PSI Advisors, LLC 0.00% Add +2.9% 35 $385

"% of holder's portfolio" is VALE's weight in each manager's 13F, not the share of Vale SA-SP ADR the manager owns.