Vale SA-SP ADRVALE
13F holders, Q1 2025 (March 31)491holders −8
72new positions
80sold out
10famous investors
$9.98avg. 13F price*
At the end of Q1 2025, 491 institutions reported holding Vale SA-SP ADR (VALE) in their 13F filings, down 8 from Q4 2024. 72 opened new positions and 80 sold out. The largest holders were FMR LLC ($1.1B), BlackRock, Inc. ($543.8M) and GQG Partners LLC ($371.8M). 10 famous investors held it, including Howard Marks (1.5% 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
Total Exit/New Position Q4 2024 → Q1 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 72 | $499.1M |
| Exits | 80 | $318.7M |
All 13F filers, Q4 2024 → Q1 2025: 192,296,092 shares bought and 128,884,910 shares sold, net +63,411,182 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 491 holders
| FMR LLC | 0.07% | Add +130.9% | 108,895,265 | $1.1B |
| BlackRock, Inc. | 0.01% | Add +53.9% | 54,485,799 | $543.8M |
| GQG Partners LLC | 0.59% | New | 37,252,302 | $371.8M |
| Orbis Allan Gray Ltd | 1.78% | Add +165.8% | 31,257,989 | $312.0M |
| Capital World Investors | 0.05% | Add +11.2% | 30,680,916 | $306.2M |
| Capital International Investors | 0.06% | Add +9.3% | 29,733,310 | $296.8M |
| Morgan Stanley | 0.01% | Reduce -2.2% | 19,575,298 | $195.4M |
| Lazard Asset Management LLC | 0.32% | Add +4.6% | 19,077,634 | $190.4M |
| Fisher Asset Management | 0.07% | Reduce -4.2% | 16,471,059 | $164.4M |
| Massachusetts Financial Services Co. | 0.05% | Add +38.0% | 15,932,405 | $159.0M |
| Bank of America Corp. | 0.01% | Add +19.0% | 14,959,712 | $149.3M |
| Goldman Sachs Group Inc. | 0.02% | Add +95.6% | 12,146,294 | $121.2M |
| Mondrian Investment Partners LTD | 1.97% | Reduce -1.6% | 11,569,197 | $115.5M |
| Connor, Clark & Lunn Investment Management Ltd. | 0.50% | Add +15.6% | 11,523,471 | $115.0M |
| State Street Corp. | 0.00% | Add +0.4% | 10,714,476 | $106.9M |
| Robeco Institutional Asset Management B.V. | 0.19% | Reduce -0.7% | 9,657,489 | $96.4M |
| Susquehanna International Group, LLP | 0.15% | Reduce -4.3% | 9,209,644 | $91.9M |
| JPMorgan Chase & Co. | 0.01% | Add +2.8% | 9,065,861 | $90.5M |
| Dimensional Fund Advisors LP | 0.02% | Add +4.1% | 8,188,278 | $81.7M |
| Capital Research Global Investors | 0.02% | Add +0.1% | 8,082,218 | $80.7M |
| T. Rowe Price Associates Inc. | 0.01% | Reduce -76.4% | 8,018,251 | $80.0M |
| Renaissance Technologies | 0.11% | Add +67.1% | 7,184,212 | $71.7M |
| Ninety One UK Ltd | 0.18% | Reduce -1.6% | 6,304,537 | $62.9M |
| UBS Group AG | 0.01% | Reduce -53.9% | 6,112,558 | $61.0M |
| Oaktree Capital Management | 1.49% | Reduce -16.4% | 6,014,782 | $60.0M |
| BNP Paribas Financial Markets | 0.04% | Reduce -6.3% | 5,517,468 | $55.1M |
| SPX Gestao de Recursos Ltda | 6.96% | Add +52.9% | 5,388,044 | $53.8M |
| Man Group plc | 0.16% | Add +3.0% | 5,254,593 | $52.4M |
| Northern Trust Corp. | 0.01% | Add +15.2% | 4,628,829 | $46.2M |
| Point72 Asset Management | 0.13% | Add +185.6% | 4,412,955 | $44.0M |
| AQR Capital Management | 0.04% | Add +26.1% | 4,326,364 | $43.2M |
| Deutsche Bank AG | 0.02% | Reduce -14.3% | 4,301,655 | $42.9M |
| Credit Agricole S A | 0.16% | Reduce -11.6% | 4,120,700 | $41.1M |
| Compass Rose Asset Management, LP | 20.68% | Add +36.7% | 4,100,000 | $40.9M |
| Optiver Holding B.V. | 1.52% | Reduce -0.9% | 3,942,451 | $39.3M |
| American Century Companies Inc. | 0.02% | Add +12.5% | 3,752,984 | $37.5M |
| Aberdeen Group plc | 0.07% | Reduce -0.3% | 3,761,561 | $37.1M |
| Contrarian Capital Management, L.L.C. | 9.45% | No change | 3,686,411 | $36.8M |
| Driehaus Capital Management LLC | 0.35% | New | 3,619,004 | $36.1M |
| Nuveen, LLC | 0.01% | — | 3,482,017 | $34.8M |
| Allspring Global Investments Holdings, LLC | 0.06% | Reduce -9.7% | 3,226,263 | $32.6M |
| Itau Unibanco Holding S.A. | 1.22% | Reduce -32.2% | 3,186,827 | $31.5M |
| Turim 21 Investimentos Ltda. | 8.39% | No change | 3,131,646 | $31.3M |
| Russell Investments Group, Ltd. | 0.04% | Reduce -26.4% | 3,112,812 | $31.1M |
| Van Eck Associates Corp. | 0.04% | Reduce -31.6% | 3,103,875 | $31.0M |
| Todd Asset Management LLC | 0.66% | Add +2.9% | 2,791,056 | $27.9M |
| Citadel Advisors | 0.03% | Reduce -80.7% | 2,776,223 | $27.7M |
| Davis Selected Advisers | 0.16% | New | 2,733,513 | $27.3M |
| Ninety One North America, Inc. | 1.81% | Reduce -4.7% | 2,688,111 | $26.8M |
| Dynamo Internacional Gestao DE Recursos Ltda. | 8.61% | Reduce -37.7% | 2,545,990 | $25.4M |
| Fourth Sail Capital LP | 5.29% | Reduce -35.9% | 2,262,967 | $22.6M |
| Macquarie Group Ltd. | 0.03% | Reduce -14.7% | 2,208,607 | $22.0M |
| Barclays PLC | 0.01% | Add +4.3% | 2,144,301 | $21.4M |
| Janus Henderson Group PLC | 0.01% | Add +108.5% | 2,120,244 | $21.3M |
| Citigroup Inc. | 0.01% | Reduce -20.6% | 1,809,729 | $18.1M |
| Teachers Retirement System of the State of Kentucky | 0.16% | No change | 1,760,200 | $17.6M |
| Manufacturers Life Insurance Company, The | 0.02% | Add +15.5% | 1,741,960 | $17.4M |
| O'shaughnessy Asset Management, LLC | 0.14% | Add +43.9% | 1,727,504 | $17.2M |
| Kiltearn Partners LLP | 3.11% | Reduce -9.8% | 1,632,836 | $16.3M |
| Raymond James Financial Inc. | 0.01% | Add +28.9% | 1,616,070 | $16.1M |
| HSBC Holdings PLC | 0.01% | Reduce -13.6% | 1,596,473 | $15.9M |
| Invesco Ltd. | 0.00% | Add +44.6% | 1,517,656 | $15.1M |
| Wellington Management Group LLP | 0.00% | Reduce -59.3% | 1,511,125 | $15.1M |
| HBK Investments L P | 0.30% | New | 1,510,000 | $15.1M |
| Royal Bank of Canada | 0.00% | Add +37.8% | 1,463,665 | $14.6M |
| Ameriprise Financial Inc. | 0.00% | Add +90.1% | 1,365,921 | $13.6M |
| Amundi | 0.01% | Reduce -0.8% | 1,395,836 | $13.6M |
| Wells Fargo & Company | 0.00% | Add +17.8% | 1,265,266 | $12.6M |
| Jump Financial, LLC | 0.19% | Add +120.9% | 1,247,211 | $12.4M |
| USS Investment Management Ltd | 0.08% | No change | 1,006,676 | $10.0M |
| Murchinson Ltd. | 1.78% | No change | 1,000,000 | $10.0M |
| Boothbay Fund Management, LLC | 0.36% | Reduce -0.4% | 1,000,000 | $10.0M |
| Masters Capital Management LLC | 2.05% | New | 970,000 | $9.7M |
| SummitTX Capital, L.P. | 0.41% | — | 938,291 | $9.4M |
| Sei Investments Co. | 0.01% | Reduce -1.8% | 931,992 | $9.3M |
| Bridgewater Associates | 0.04% | Reduce -76.8% | 924,330 | $9.2M |
| Envestnet Asset Management Inc. | 0.00% | Add +21.3% | 902,300 | $9.0M |
| LPL Financial LLC | 0.00% | Add +15.8% | 851,424 | $8.5M |
| Schonfeld Strategic Advisors LLC | 0.06% | Reduce -10.3% | 848,549 | $8.5M |
| Barings LLC | 0.21% | Add +5.6% | 845,593 | $8.4M |
| State of New Jersey Common Pension Fund D | 0.04% | Add +4.3% | 827,805 | $8.3M |
| Trexquant Investment LP | 0.09% | Reduce -24.7% | 814,719 | $8.1M |
| Aquatic Capital Management LLC | 0.20% | New | 774,369 | $7.7M |
| Franklin Resources Inc. | 0.00% | Add +6.5% | 763,810 | $7.6M |
| Mackenzie Financial Corp. | 0.01% | Add +248.4% | 745,598 | $7.4M |
| Jennison Associates LLC | 0.00% | Add +81.5% | 706,538 | $7.1M |
| Public Employees Retirement System of Ohio | 0.02% | Reduce -27.5% | 672,145 | $6.7M |
| Journey Advisory Group, LLC | 0.52% | New | 635,755 | $6.3M |
| Moneda S.A. Administradora General de Fondos | 6.78% | Reduce -60.8% | 633,255 | $6.3M |
| DekaBank Deutsche Girozentrale | 0.01% | Reduce -0.7% | 627,053 | $6.2M |
| Verition Fund Management LLC | 0.04% | Add +2203.5% | 614,666 | $6.1M |
| Banco Santander, S.A. | 0.07% | Reduce -18.7% | 612,776 | $6.1M |
| Kawa Capital Management, Inc | 13.53% | Reduce -40.0% | 600,000 | $6.1M |
| Greenline Partners, LLC | 0.86% | Add +16.3% | 599,800 | $6.0M |
| TLS Advisors LLC | 13.38% | No change | 594,000 | $5.9M |
| Natixis Advisors, LLC | 0.01% | Add +47.4% | 551,054 | $5.5M |
| Pacific Heights Asset Management LLC | 0.34% | Add +25.0% | 500,000 | $5.0M |
| Cambridge Investment Research Advisors, Inc. | 0.02% | Add +7.7% | 499,380 | $5.0M |
| Mirabella Financial Services LLP | 0.21% | Reduce -72.4% | 497,465 | $5.0M |
| Oxbow Advisors, LLC | 0.53% | New | 489,803 | $4.9M |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 0.01% | Reduce -4.1% | 474,424 | $4.8M |
| Cohen & Steers, Inc. | 0.01% | Reduce -43.9% | 482,937 | $4.8M |
| BTG Pactual Asset Management US LLC | 0.62% | Add +0.1% | 480,616 | $4.8M |
| Capital International Sarl | 0.10% | Add +11.6% | 462,972 | $4.6M |
| NFJ Investment Group, LLC | 0.15% | Reduce -3.8% | 437,026 | $4.4M |
| Sagil Capital LLP | 3.64% | Reduce -82.5% | 420,000 | $4.2M |
| Squarepoint Ops LLC | 0.01% | Reduce -82.7% | 403,206 | $4.0M |
| MML Investors Services, LLC | 0.01% | Reduce -5.0% | 398,669 | $4.0M |
| Northwest Bancshares, Inc. | 0.71% | Add +6.2% | 389,548 | $3.9M |
| Bank of Nova Scotia | 0.01% | Reduce -11.2% | 387,280 | $3.9M |
| Commonwealth Equity Services, LLC | 0.01% | Add +41.3% | 376,469 | $3.8M |
| Osaic Holdings, Inc. | 0.01% | Add +18.5% | 372,450 | $3.7M |
| Capital International, Inc. | 0.04% | Reduce -25.8% | 351,730 | $3.5M |
| Cantor Fitzgerald, L. P. | 0.13% | Add +222.4% | 341,910 | $3.4M |
| Y-Intercept (Hong Kong) Ltd | 0.22% | New | 332,323 | $3.3M |
| OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) | 0.08% | Add +74.7% | 327,259 | $3.3M |
| HighTower Advisors, LLC | 0.00% | Reduce -0.1% | 319,086 | $3.2M |
| Manning & Napier Advisors LLC | 0.04% | Add +1.9% | 317,629 | $3.2M |
| Banco Bilbao Vizcaya Argentaria, S.A. | 0.03% | Reduce -31.3% | 321,326 | $3.2M |
| Ritholtz Wealth Management | 0.09% | Add +31.8% | 300,711 | $3.0M |
| Capital Markets Trading UK LLP | 3.40% | Reduce -45.5% | 298,778 | $3.0M |
| Capital International Ltd. | 0.13% | Add +5.6% | 294,240 | $2.9M |
| Pzena Investment Management LLC | 0.01% | No change | 285,881 | $2.9M |
| Tidal Investments LLC | 0.02% | Add +16.4% | 280,819 | $2.8M |
| Pinebridge Investments, L.P. | 0.02% | Reduce -7.9% | 280,438 | $2.8M |
| Longfellow Investment Management Co. LLC | 0.67% | Add +47.8% | 276,085 | $2.8M |
| Millennium Management | 0.00% | Reduce -96.0% | 274,243 | $2.7M |
| Capital Fund Management S.A. | 0.03% | Reduce -58.5% | 271,641 | $2.7M |
| Advisors Asset Management, Inc. | 0.05% | Add +6.7% | 271,177 | $2.7M |
| VPR Management LLC | 1.29% | No change | 266,714 | $2.7M |
| Cloverfields Capital Group, LP | 0.87% | Add +18.9% | 264,135 | $2.6M |
| SG Americas Securities, LLC | 0.01% | Reduce -26.9% | 255,665 | $2.6M |
| Graham Capital Management, L.P. | 0.12% | Reduce -27.2% | 253,260 | $2.5M |
| Oaktree Fund Advisors, LLC | 3.47% | Reduce -26.6% | 235,665 | $2.4M |
| Clough Capital Partners L P | 0.30% | Reduce -0.2% | 235,037 | $2.3M |
| Syntax Research, Inc. | 1.58% | Reduce -8.5% | 230,000 | $2.3M |
| FIL Ltd | 0.00% | Reduce -76.3% | 228,017 | $2.3M |
| Metis Global Partners, LLC | 0.06% | Add +4.3% | 226,863 | $2.3M |
| Cetera Investment Advisers | 0.00% | New | 224,647 | $2.2M |
| Assetmark, Inc. | 0.01% | Add +7.9% | 220,439 | $2.2M |
| Lighthouse Investment Partners, LLC | 0.10% | New | 216,690 | $2.2M |
| Capital Group Private Client Services, Inc. | 0.02% | Add +66.1% | 216,129 | $2.2M |
| Sumitomo Mitsui Trust Group, Inc. | 0.00% | Add +9.6% | 211,697 | $2.1M |
| US Bancorp \de | 0.00% | Add +36.8% | 203,654 | $2.0M |
| Caprock Group, LLC | 0.06% | Add +33.3% | 200,880 | $2.0M |
| Principal Financial Group Inc. | 0.00% | Add +34.3% | 199,736 | $2.0M |
| Leonteq Securities AG | 0.15% | Reduce -56.3% | 199,000 | $2.0M |
| Insigneo Advisory Services, LLC | 0.20% | Add +284.3% | 197,085 | $2.0M |
| Simplex Trading, LLC | 0.07% | Reduce -84.6% | 196,978 | $2.0M |
| Amova Asset Management Americas, Inc. | 0.03% | Add +1.5% | 196,097 | $2.0M |
| MIdWestOne Financial Group, Inc. | 0.27% | Add +136.6% | 193,534 | $1.9M |
| Scotia Capital Inc. | 0.01% | Add +16.5% | 190,636 | $1.9M |
| Pacer Advisors, Inc. | 0.00% | Reduce -8.1% | 187,883 | $1.9M |
| Northwestern Mutual Wealth Management Co. | 0.00% | Add +24.8% | 184,041 | $1.8M |
| Mirae Asset Global Investments Co., Ltd. | 0.01% | Add +2.1% | 181,707 | $1.8M |
| CenterBook Partners LP | 0.11% | Add +81.3% | 176,105 | $1.8M |
| Creative Planning | 0.00% | Reduce -15.8% | 174,632 | $1.7M |
| Nomura Holdings Inc. | 0.01% | Reduce -51.4% | 173,570 | $1.7M |
| Rhumbline Advisers | 0.00% | Add +25.9% | 166,125 | $1.7M |
| X-Square Capital, LLC | 0.69% | Add +6.2% | 161,309 | $1.6M |
| Profund Advisors LLC | 0.07% | Add +26.0% | 160,086 | $1.6M |
| Boston Partners | 0.00% | New | 158,448 | $1.6M |
| Ellsworth Advisors, LLC | 0.41% | Add +25.5% | 156,586 | $1.6M |
| Asset Management One Co., Ltd. | 0.01% | No change | 156,386 | $1.6M |
| Liontrust Investment Partners LLP | 0.02% | Add +54.6% | 150,000 | $1.5M |
| Perpetual Ltd | 0.02% | No change | 144,960 | $1.4M |
| Stifel Financial Corp. | 0.00% | Reduce -15.3% | 144,725 | $1.4M |
| Level Four Advisory Services, LLC | 0.06% | Add +213.4% | 138,600 | $1.4M |
| Daiwa Securities Group Inc. | 0.01% | Add +6.3% | 135,194 | $1.3M |
| Walleye Trading LLC | 0.04% | Add +133.3% | 129,828 | $1.3M |
| National Bank of Canada | 0.00% | Add +35.1% | 128,082 | $1.3M |
| Balyasny Asset Management L.P. | 0.00% | Reduce -97.3% | 127,878 | $1.3M |
| Crossmark Global Holdings, Inc. | 0.02% | Add +0.5% | 127,455 | $1.3M |
| Mariner, LLC | 0.00% | Add +18.5% | 122,613 | $1.2M |
| Cibc World Market Inc. | 0.00% | Reduce -6.0% | 119,195 | $1.2M |
| Neuberger Berman Group LLC | 0.00% | Add +1.9% | 118,821 | $1.2M |
| J. Safra Sarasin Holding AG | 0.02% | No change | 115,200 | $1.1M |
| Nomura Asset Management Co. Ltd. | 0.00% | Add +20.5% | 113,798 | $1.1M |
| GMO | 0.00% | Reduce -84.5% | 113,737 | $1.1M |
| Arkadios Wealth Advisors | 0.04% | Add +50.4% | 109,536 | $1.1M |
| Prime Capital Investment Advisors, LLC | 0.01% | Add +1.9% | 106,083 | $1.1M |
| NS Partners Ltd | 0.05% | No change | 104,700 | $1.0M |
| Sprott Inc. | 0.06% | Add +13.7% | 100,033 | $998K |
| American Trust Investment Advisors, LLC | 0.37% | Add +36.5% | 89,455 | $893K |
| Aprio Wealth Management, LLC | 0.11% | Add +81.7% | 88,485 | $883K |
| Pekin Hardy Strauss, Inc. | 0.11% | Add +78.9% | 87,664 | $875K |
| TD Waterhouse Canada Inc. | 0.01% | Reduce -4.3% | 86,520 | $874K |
| Kathmere Capital Management, LLC | 0.07% | Add +91.6% | 82,814 | $826K |
| IMC-Chicago, LLC | 0.03% | New | 80,661 | $805K |
| Johnson Investment Counsel Inc. | 0.01% | Add +63.7% | 79,721 | $796K |
| NewEdge Advisors, LLC | 0.00% | Add +4.9% | 79,400 | $792K |
| Sowell Financial Services LLC | 0.03% | Add +1.3% | 75,726 | $756K |
| Bank of New York Mellon Corp | 0.00% | Reduce -4.8% | 75,188 | $750K |
| Advanced Portfolio Management, LLC | 1.51% | Reduce -6.3% | 75,000 | $749K |
| QRG Capital Management, Inc. | 0.01% | Add +38.1% | 74,406 | $743K |
| 180 Wealth Advisors, LLC | 0.12% | Add +22.3% | 74,289 | $741K |
| Mercer Global Advisors Inc. | 0.00% | Add +11.7% | 73,938 | $738K |
| Natixis | 0.00% | Reduce -32.2% | 74,618 | $736K |
| Compound Planning, Inc. | 0.03% | Add +209.7% | 71,837 | $717K |
| Capital Group Investment Management Pte. LTD. | 0.14% | No change | 70,736 | $706K |
| Janney Montgomery Scott LLC | 0.00% | Reduce -5.0% | 69,855 | $697K |
| Ping Capital Management, Inc. | 0.45% | Reduce -8.1% | 68,000 | $679K |
| Qtron Investments LLC | 0.10% | Reduce -16.9% | 66,644 | $665K |
| HUB Investment Partners, LLC | 0.03% | Reduce -28.6% | 66,628 | $665K |
| Euro Pacific Asset Management, LLC | 0.12% | Add +1.1% | 65,118 | $658K |
| Segall Bryant & Hamill, LLC | 0.01% | Reduce -41.3% | 63,874 | $637K |
| Walleye Capital LLC | 0.01% | Reduce -27.8% | 62,632 | $625K |
| Windmill Hill Asset Management Ltd | 0.19% | Reduce -6.0% | 61,344 | $612K |
| Vontobel Holding Ltd. | 0.00% | New | 61,134 | $610K |
| Perigon Wealth Management, LLC | 0.02% | New | 61,113 | $610K |
| Ascent Group, LLC | 0.03% | Add +197.2% | 59,968 | $598K |
| Guggenheim Capital LLC | 0.01% | Reduce -26.1% | 59,313 | $592K |
| Fairtree Asset Management (Pty) Ltd | 0.47% | Reduce -24.3% | 59,090 | $590K |
| Mitsubishi UFJ Asset Management Co., Ltd. | 0.00% | No change | 58,804 | $587K |
| Quantinno Capital Management LP | 0.00% | Add +111.3% | 58,574 | $585K |
| Mgo One Seven LLC | 0.02% | New | 57,601 | $575K |
| Moran Wealth Management, LLC | 0.02% | Add +161.5% | 57,297 | $572K |
| LaSalle St. Investment Advisors, LLC | 0.13% | Add +20.6% | 54,923 | $548K |
| Commons Capital, LLC | 0.50% | No change | 54,800 | $547K |
| Ridgewood Investments LLC | 0.25% | Add +59.7% | 83,561 | $540K |
| Engineers Gate Manager LP | 0.01% | Reduce -71.0% | 53,946 | $538K |
| Dauntless Investment Group, LLC | 1.98% | Reduce -44.0% | 53,677 | $536K |
| Corient Private Wealth LP | 0.00% | Reduce -60.7% | 54,393 | $527K |
| Kestra Advisory Services, LLC | 0.00% | Reduce -6.0% | 52,691 | $526K |
| Alps Advisors Inc. | 0.00% | Reduce -7.3% | 52,200 | $521K |
| Campbell & CO Investment Adviser LLC | 0.04% | Reduce -74.9% | 51,707 | $516K |
| Surience Private Wealth LLC | 0.89% | New | 51,287 | $512K |
| Bluefin Capital Management, LLC | 0.42% | — | 51,100 | $510K |
| Verde Servicos Internacionais S.A. | 0.29% | No change | 51,000 | $509K |
| White Knight Strategic Wealth Advisors, LLC | 0.46% | Reduce -52.3% | 50,545 | $504K |
| Knollwood Investment Advisory, LLC | 0.06% | No change | 50,000 | $499K |
| Centiva Capital, LP | 0.03% | New | 49,970 | $499K |
| Marex Group Ltd | 0.01% | Reduce -96.5% | 49,638 | $495K |
| D'Orazio & Associates, Inc. | 0.07% | Add +99.0% | 48,807 | $487K |
| Summit Securities Group LLC | 0.34% | Add +952.2% | 48,400 | $483K |
| Equitable Holdings, Inc. | 0.00% | Reduce -3.4% | 47,312 | $472K |
| LSV Asset Management | 0.00% | No change | 46,822 | $467K |
| Vanguard Personalized Indexing Management, LLC | 0.01% | Add +9.3% | 45,227 | $451K |
| Ninety One SA (Pty) Ltd | 0.08% | New | 44,875 | $444K |
| Integrated Wealth Concepts LLC | 0.01% | Add +1.2% | 44,252 | $442K |
| Truist Financial Corp. | 0.00% | Add +29.7% | 43,719 | $436K |
| Geode Capital Management, LLC | 0.00% | Reduce -4.9% | 43,522 | $434K |
| Private Advisor Group, LLC | 0.00% | Add +1.4% | 43,201 | $431K |
| Rockefeller Capital Management L.P. | 0.00% | Reduce -11.4% | 43,074 | $430K |
| Sava Infond d.o.o. | 0.08% | No change | 43,000 | $429K |
| Keynote Financial Services LLC | 0.30% | Reduce -0.3% | 42,488 | $424K |
| Generali Investments CEE, investicni spolecnost, a.s. | 0.04% | Reduce -12.3% | 42,100 | $420K |
| Ballentine Partners, LLC | 0.01% | Add +13.9% | 40,760 | $407K |
| HRT Financial LP | 0.00% | New | 40,129 | $400K |
| Massar Capital Management, LP | 0.48% | New | 40,000 | $399K |
| Wellington Shields Capital Management, LLC | 0.07% | No change | 40,000 | $399K |
| Kestra Private Wealth Services, LLC | 0.01% | Add +137.7% | 39,902 | $398K |
| Radnor Capital Management, LLC | 0.07% | Reduce -2.5% | 39,534 | $395K |
| Recurrent Investment Advisors LLC | 0.03% | Add +5.4% | 39,377 | $393K |
| AssuredPartners Investment Advisors, LLC | 0.07% | Add +70.0% | 38,637 | $386K |
| Signaturefd, LLC | 0.01% | Reduce -4.1% | 37,456 | $374K |
| Checchi Capital Advisers, LLC | 0.03% | Add +5.7% | 37,339 | $373K |
| Yousif Capital Management, LLC | 0.00% | Reduce -47.4% | 36,674 | $366K |
| Letko, Brosseau & Associates Inc. | 0.01% | No change | 36,650 | $366K |
| Integrated Quantitative Investments LLC | 0.18% | New | 35,900 | $358K |
| Quadrant Capital Group LLC | 0.01% | Reduce -17.0% | 35,781 | $357K |
| Jones Financial Companies LLLP | 0.00% | Add +33.3% | 34,198 | $343K |
| SeaCrest Wealth Management, LLC | 0.04% | Add +13.0% | 33,930 | $339K |
| Brooklyn Investment Group | 0.07% | Add +1119.6% | 33,904 | $338K |
| Corient IA LP | 0.24% | — | 33,500 | $334K |
| Jane Street Group, LLC | 0.00% | Reduce -99.0% | 33,222 | $332K |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.00% | Reduce -67.5% | 33,026 | $330K |
| Comprehensive Money Management Services LLC | 0.26% | Reduce -2.1% | 32,562 | $325K |
| Orion Resource Partners LP | 0.06% | New | 32,161 | $321K |
| one8zero8, LLC | 0.07% | Add +18.9% | 31,500 | $314K |
| D.A. Davidson & Co. | 0.00% | Add +2.6% | 30,945 | $309K |
| Federation des caisses Desjardins du Quebec | 0.00% | Reduce -8.0% | 30,773 | $307K |
| Captrust Financial Advisors | 0.00% | Add +57.8% | 29,887 | $298K |
| Avantax Advisory Services, Inc. | 0.00% | Reduce -43.2% | 29,824 | $298K |
| Stephens Inc. | 0.00% | Add +40.5% | 29,750 | $297K |
| Independent Financial Group, LLC | 0.01% | Add +44.0% | 29,339 | $293K |
| Chiron Capital Management, LLC | 0.26% | Reduce -3.3% | 29,114 | $291K |
| Matthews International Capital Management LLC | 0.06% | Reduce -1.5% | 28,719 | $287K |
| U.S. Capital Wealth Advisors, LLC | 0.01% | Reduce -34.5% | 28,300 | $282K |
| Greenleaf Trust | 0.00% | Reduce -4.2% | 28,216 | $282K |
| Advisory Services Network, LLC | 0.01% | Reduce -2.1% | 27,985 | $279K |
| DRW Securities, LLC | 0.02% | Reduce -39.6% | 27,743 | $277K |
| Financial Perspectives, Inc | 0.09% | Add +0.5% | 27,640 | $276K |
| Snowden Capital Advisors LLC | 0.01% | Add +13.7% | 27,504 | $274K |
| Sompo Asset Management Co., Ltd. | 0.05% | Add +26.9% | 27,250 | $272K |
| HighPoint Advisor Group LLC | 0.02% | Add +3.5% | 28,132 | $270K |
| Cannon Advisors, Inc. | 0.25% | New | 26,722 | $267K |
| Fiduciary Financial Group, LLC | 0.06% | Add +11.9% | 29,812 | $265K |
| Calamos Advisors LLC | 0.00% | No change | 26,450 | $264K |
| Summit Financial, LLC | 0.01% | No change | 26,034 | $260K |
| Blue Trust, Inc. | 0.00% | Add +5.1% | 25,876 | $258K |
| Bessemer Group Inc. | 0.00% | No change | 25,435 | $254K |
| Gotham Asset Management | 0.00% | New | 25,000 | $250K |
| IFG Advisory, LLC | 0.01% | Add +3.4% | 24,738 | $247K |
| Atria Wealth Solutions, Inc. | 0.00% | Reduce -7.8% | 24,605 | $246K |
| Inspire Advisors, LLC | 0.03% | Add +15.5% | 24,277 | $242K |
| MAI Capital Management | 0.00% | Add +5.2% | 23,597 | $235K |
| PNC Financial Services Group, Inc. | 0.00% | Add +25.2% | 23,478 | $234K |
| SVB Wealth LLC | 0.01% | New | 23,103 | $231K |
| Oppenheimer & Co. Inc. | 0.00% | New | 22,878 | $228K |
| Lester Murray Antman dba SimplyRich | 0.07% | New | 22,719 | $226K |
| Wealth Enhancement Advisory Services, LLC | 0.00% | Add +38.5% | 22,522 | $225K |
| Wedmont Private Capital | 0.01% | No change | 24,118 | $222K |
| Moody National Bank Trust Division | 0.02% | Add +98.6% | 21,396 | $214K |
| Townsquare Capital LLC | 0.00% | Reduce -16.0% | 21,348 | $213K |
| May Hill Capital, LLC | 0.08% | New | 21,278 | $212K |
| Vident Advisory, LLC | 0.00% | Add +16.1% | 21,071 | $210K |
| Cerity Partners LLC | 0.00% | Add +26.0% | 21,066 | $210K |
| Avestar Capital, LLC | 0.02% | Reduce -8.1% | 21,010 | $210K |
| Gateway Investment Advisers LLC | 0.00% | Add +74.2% | 20,970 | $209K |
| Focus Partners Wealth | 0.00% | Reduce -4.6% | 20,954 | $209K |
| Merit Financial Group, LLC | 0.00% | Add +44.4% | 20,847 | $208K |
| Focus Financial Network, Inc. | 0.01% | Add +27.9% | 20,810 | $208K |
| Cravens & Co Advisors, LLC | 0.16% | New | 20,154 | $201K |
| Aspen Grove Capital, LLC | 0.04% | Add +44.8% | 20,135 | $201K |
| Everstar Asset Management, LLC | 0.13% | New | 20,000 | $200K |
| &partners | 0.00% | Add +50.9% | 18,861 | $199K |
| Fifth Third Bancorp | 0.00% | Add +4.0% | 19,618 | $196K |
| Pathstone Holdings, LLC | 0.00% | Add +30.5% | 19,533 | $195K |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.00% | Reduce -13.5% | 19,512 | $195K |
| First Trust Advisors LP | 0.00% | Reduce -77.1% | 19,213 | $192K |
| Integrity Alliance, Llc. | 0.01% | Add +15.3% | 18,932 | $189K |
| Steward Partners Investment Advisory, LLC | 0.00% | Reduce -26.8% | 18,919 | $189K |
| Gould Asset Management LLC | 0.04% | No change | 18,790 | $188K |
| AdvisorNet Financial, Inc | 0.01% | Add +0.3% | 18,732 | $187K |
| Old National Bancorp | 0.00% | Reduce -34.7% | 18,624 | $186K |
| Flagship Harbor Advisors, LLC | 0.01% | Add +1.4% | 18,577 | $185K |
| Migdal Insurance & Financial Holdings Ltd. | 0.00% | New | 18,463 | $184K |
| Patriot Financial Group Insurance Agency, LLC | 0.02% | Add +10.9% | 17,278 | $172K |
| Empowered Funds, LLC | 0.00% | New | 17,109 | $171K |
| World Investment Advisors | 0.00% | No change | 17,097 | $171K |
| Sequoia Financial Advisors, LLC | 0.00% | Add +2.1% | 17,014 | $170K |
| International Assets Investment Management, LLC | 0.01% | Reduce -6.5% | 16,993 | $170K |
| CoreCommodity Management, LLC | 0.03% | Reduce -22.8% | 16,480 | $164K |
| Atria Investments, Inc | 0.00% | New | 16,466 | $164K |
| Rathbones Group PLC | 0.00% | Add +3.5% | 16,515 | $164K |
| Orion Porfolio Solutions, LLC | 0.00% | Add +0.3% | 16,285 | $163K |
| Orion Portfolio Solutions, LLC | 0.00% | Add +0.3% | 16,285 | $163K |
| National Philanthropic Trust | 0.00% | New | 16,097 | $161K |
| R Squared Ltd | 0.17% | Add +244.5% | 16,020 | $160K |
| Cornerstone Wealth Management, LLC | 0.01% | Add +20.4% | 15,954 | $159K |
| Edgestream Partners, L.P. | 0.01% | New | 15,948 | $159K |
| Bank of Montreal | 0.00% | Reduce -69.4% | 15,559 | $155K |
| Anthracite Investment Company, Inc. | 0.09% | Reduce -96.5% | 15,000 | $150K |
| Sagespring Wealth Partners, LLC | 0.00% | New | 14,806 | $148K |
| Tepp RIA, LLC | 0.20% | Reduce -16.6% | 14,740 | $147K |
| Bank Julius Baer & Co. Ltd, Zurich | 0.00% | Add +6542.9% | 14,415 | $144K |
| RFG Advisory, LLC | 0.00% | New | 14,000 | $140K |
| Foster Group, Inc. | 0.01% | New | 13,767 | $137K |
| Choreo, LLC | 0.00% | Add +28.3% | 13,675 | $136K |
| Journey Strategic Wealth LLC | 0.00% | New | 13,500 | $135K |
| Marshall Wace, LLP | 0.00% | New | 13,240 | $132K |
| Rehmann Capital Advisory Group | 0.01% | Add +3.1% | 13,126 | $131K |
| Roehl & Yi Investment Advisors, LLC | 0.07% | New | 13,011 | $130K |
| Ameritas Advisory Services, LLC | 0.01% | Add +14.4% | 13,951 | $130K |
| Fort Washington Investment Advisors Inc. | 0.00% | No change | 12,997 | $130K |
| Genus Capital Management Inc. | 0.02% | — | 12,974 | $129K |
| Waverly Advisors, LLC | 0.00% | New | 12,869 | $128K |
| Park Avenue Securities LLC | 0.00% | New | 12,848 | $128K |
| Confluence Investment Management LLC | 0.00% | Reduce -3.1% | 12,822 | $128K |
| FORA Capital, LLC | 0.01% | New | 12,751 | $127K |
| Flynn Zito Capital Management, LLC | 0.06% | New | 12,560 | $125K |
| Parallel Advisors, LLC | 0.00% | Reduce -33.1% | 12,533 | $125K |
| EntryPoint Capital, LLC | 0.06% | Add +0.2% | 12,334 | $123K |
| Fullcircle Wealth LLC | 0.05% | New | 12,700 | $122K |
| Financial Counselors Inc. | 0.00% | Reduce -11.8% | 12,085 | $121K |
| Redhawk Wealth Advisors, Inc. | 0.02% | No change | 11,824 | $118K |
| STRS Ohio | 0.00% | Add +3.3% | 11,708 | $117K |
| Aptus Capital Advisors, LLC | 0.00% | New | 11,559 | $115K |
| Octavia Wealth Advisors, LLC | 0.01% | Add +2.2% | 11,555 | $115K |
| Verus Capital Partners, LLC | 0.01% | New | 11,523 | $115K |
| Composition Wealth, LLC | 0.00% | Add +4.2% | 11,458 | $114K |
| Cary Street Partners Financial LLC | 0.00% | Reduce -3.5% | 10,976 | $110K |
| Wealth Alliance, LLC | 0.01% | New | 10,846 | $108K |
| RMR Wealth Builders | 0.01% | No change | 10,803 | $108K |
| Rwa Wealth Partners, LLC | 0.00% | Reduce -6.8% | 10,790 | $108K |
| Union Bancaire Privee, UBP SA | 0.00% | No change | 10,706 | $107K |
| West Family Investments, Inc. | 0.04% | New | 10,768 | $107K |
| Rakuten Securities, Inc. | 0.05% | Reduce -8.7% | 10,724 | $107K |
| Jain Global LLC | 0.00% | New | 10,650 | $106K |
| Riversedge Advisors, LLC | 0.02% | New | 10,557 | $105K |
| Belpointe Asset Management LLC | 0.01% | Reduce -8.8% | 10,436 | $104K |
| Flow Traders U.S. LLC | 0.00% | Reduce -64.1% | 10,180 | $102K |
| Baker Avenue Asset Management, LP | 0.00% | No change | 10,200 | $102K |
| KPP Advisory Services LLC | 0.02% | New | 10,067 | $100K |
| Deuterium Capital Management, LLC | 0.22% | New | 10,000 | $100K |
| Stock Yards Bank & Trust Co. | 0.00% | No change | 10,000 | $100K |
| Gabelli Funds LLC | 0.00% | No change | 10,000 | $100K |
| Phillips Wealth Planners LLC | 0.10% | New | 10,477 | $97K |
| Parvin Asset Management, LLC | 0.11% | No change | 9,400 | $94K |
| PEAK6 LLC | 0.00% | Reduce -62.9% | 9,330 | $93K |
| Farther Finance Advisors, LLC | 0.00% | Reduce -7.5% | 9,123 | $92K |
| Mountain Hill Investment Partners Corp. | 0.09% | No change | 9,000 | $90K |
| Lindbrook Capital, LLC | 0.01% | Reduce -13.7% | 8,484 | $85K |
| Strengthening Families & Communities, LLC | 0.05% | New | 7,130 | $80K |
| Dynamo Administracao de Recursos Ltda. | 0.47% | No change | 7,863 | $78K |
| EverSource Wealth Advisors, LLC | 0.00% | Reduce -23.0% | 7,500 | $75K |
| Wayfinding Financial, LLC | 0.03% | New | 6,416 | $64K |
| State of Wyoming | 0.01% | Reduce -46.7% | 6,410 | $64K |
| Investors Research Corp | 0.01% | No change | 5,500 | $55K |
| Allworth Financial LP | 0.00% | Add +233.7% | 5,440 | $53K |
| Capital Analysts, LLC | 0.00% | New | 5,085 | $51K |
| GPS Wealth Strategies Group, LLC | 0.01% | Add +0.3% | 4,651 | $46K |
| McIlrath & Eck, LLC | 0.01% | No change | 4,507 | $45K |
| Huntington National Bank | 0.00% | Add +0.1% | 4,426 | $44K |
| J.Safra Asset Management Corp | 0.00% | New | 4,100 | $41K |
| Harbour Investments, Inc. | 0.00% | Add +2.9% | 4,098 | $41K |
| Geneos Wealth Management Inc. | 0.00% | Reduce -27.8% | 4,093 | $41K |
| Ameliora Wealth Management Ltd. | 0.01% | No change | 4,000 | $40K |
| Atlas Capital Advisors Inc. | 0.01% | No change | 4,000 | $40K |
| Founders Capital Management | 0.02% | No change | 3,800 | $38K |
| Wilmington Savings Fund Society, FSB | 0.00% | No change | 3,725 | $37K |
| Stonebridge Financial Group, LLC | 0.00% | No change | 3,423 | $34K |
| Hantz Financial Services, Inc. | 0.00% | New | 3,157 | $32K |
| Cwm, LLC | 0.00% | Add +33.7% | 3,233 | $32K |
| Cornerstone Planning Group LLC | 0.01% | Reduce -3.1% | 3,092 | $30K |
| Pension & Wealth Management Advisors, Inc. | 0.01% | No change | 2,930 | $29K |
| IFP Advisors, Inc | 0.00% | Reduce -1.9% | 2,823 | $28K |
| Pacifica Partners Inc. | 0.01% | Add +12.2% | 2,765 | $27K |
| Iron Horse Wealth Management, LLC | 0.01% | Reduce -5.3% | 2,500 | $25K |
| Rosenberg Matthew Hamilton | 0.01% | No change | 2,483 | $25K |
| CIBC Private Wealth Group LLC | 0.00% | Add +15.6% | 2,821 | $23K |
| Wealth Preservation Advisors, LLC | 0.02% | — | 2,224 | $22K |
| GAMMA Investing LLC | 0.00% | Reduce -11.0% | 2,054 | $20K |
| FNY Investment Advisers, LLC | 0.01% | New | 2,060 | $20K |
| Whittier Trust Co. | 0.00% | No change | 1,828 | $18K |
| Legal & General Group Plc | 0.00% | No change | 1,694 | $17K |
| Riggs Asset Managment Co. Inc. | 0.00% | No change | 1,576 | $16K |
| Gen-Wealth Partners Inc | 0.01% | No change | 1,500 | $15K |
| Golden State Wealth Management, LLC | 0.00% | No change | 1,406 | $14K |
| Coldstream Capital Management Inc. | 0.00% | New | 1,285 | $13K |
| Creative Financial Designs Inc. | 0.00% | No change | 1,225 | $12K |
| Nisa Investment Advisors, LLC | 0.00% | Reduce -36.8% | 1,200 | $12K |
| Cary Street Partners Investment Advisory LLC | 0.01% | Add +1715.2% | 1,198 | $12K |
| Bank of New Hampshire | 0.00% | No change | 1,155 | $12K |
| AXA S.A. | 0.00% | Add +31.8% | 1,120 | $11K |
| JFS Wealth Advisors, LLC | 0.00% | New | 1,118 | $11K |
| Islay Capital Management, LLC | 0.01% | No change | 1,000 | $10K |
| Larson Financial Group LLC | 0.00% | No change | 1,000 | $10K |
| Financial Connections Group, Inc. | 0.00% | No change | 1,000 | $9K |
| Highline Wealth Partners LLC | 0.00% | Add +147.6% | 807 | $8K |
| Asset Dedication, LLC | 0.00% | No change | 792 | $8K |
| Garde Capital, Inc. | 0.00% | New | 763 | $8K |
| HHM Wealth Advisors, LLC | 0.00% | No change | 700 | $7K |
| Transce3nd, LLC | 0.00% | Reduce -2.7% | 694 | $7K |
| Principal Securities, Inc. | 0.00% | No change | 755 | $7K |
| Lanark Financial, Inc. | 0.00% | — | 700 | $6K |
| Ameriflex Group, Inc. | 0.00% | New | 600 | $6K |
| Community Bank, N.A. | 0.00% | No change | 600 | $6K |
| TCTC Holdings, LLC | 0.00% | Reduce -86.8% | 560 | $6K |
| Caitong International Asset Management Co., Ltd | 0.00% | Reduce -81.5% | 558 | $6K |
| Sound Income Strategies, LLC | 0.00% | No change | 523 | $5K |
| Physician Wealth Advisors, Inc. | 0.00% | Reduce -17.9% | 511 | $5K |
| Cape Investment Advisory, Inc. | 0.00% | No change | 510 | $5K |
| Accordant Advisory Group Inc | 0.00% | No change | 500 | $5K |
| Murphy & Mullick Capital Management Corp | 0.00% | No change | 500 | $5K |
| First United Bank & Trust | 0.00% | No change | 500 | $5K |
| Mather Group, Llc. | 0.00% | Add +140.6% | 409 | $4K |
| Sunbelt Securities, Inc. | 0.00% | No change | 350 | $3K |
| Rothschild Investment LLC | 0.00% | No change | 335 | $3K |
| NewSquare Capital LLC | 0.00% | Add +184.0% | 284 | $3K |
| Rossby Financial, LCC | 0.00% | New | 290 | $3K |
| Continuum Advisory, LLC | 0.00% | Reduce -33.6% | 253 | $3K |
| Anchor Investment Management, LLC | 0.00% | No change | 250 | $2K |
| Whittier Trust Co. of Nevada Inc. | 0.00% | No change | 242 | $2K |
| Sittner & Nelson, LLC | 0.00% | No change | 237 | $2K |
| True Wealth Design, LLC | 0.00% | Add +46.3% | 234 | $2K |
| WealthCollab, LLC | 0.00% | Reduce -67.6% | 226 | $2K |
| Thurston, Springer, Miller, Herd & Titak, Inc. | 0.00% | No change | 224 | $2K |
| SJS Investment Consulting Inc. | 0.00% | New | 201 | $2K |
| Bank & Trust Co | 0.00% | No change | 200 | $2K |
| MPWM Advisory Solutions, LLC | 0.00% | No change | 173 | $2K |
| SOA Wealth Advisors, LLC. | 0.00% | No change | 170 | $2K |
| Raffa Wealth Management, LLC | 0.00% | No change | 106 | $1K |
| Tsfg, LLC | 0.00% | No change | 100 | $1K |
| USCF Advisers LLC | 0.10% | No change | 100 | $998 |
| Mizuho Securities Co. Ltd. | 0.01% | New | 100 | $998 |
| Cedar Wealth Management, LLC | 0.00% | No change | 100 | $998 |
| Grove Bank & Trust | 0.00% | New | 100 | $998 |
| Spectrum Wealth Counsel, LLC | 0.00% | No change | 100 | $998 |
| Bell Investment Advisors, Inc | 0.00% | Reduce -74.9% | 98 | $979 |
| UMB Bank, n.a. | 0.00% | New | 90 | $898 |
| Binnacle Investments Inc | 0.00% | — | 85 | $848 |
| Whipplewood Advisors, LLC | 0.00% | Reduce -95.7% | 3 | $689 |
| Hollencrest Capital Management | 0.00% | No change | 69 | $689 |
| PSI Advisors, LLC | 0.00% | No change | 50 | $499 |
| NBT Bank, N.A. | 0.00% | No change | 50 | $499 |
| Flagship Wealth Advisors, LLC | 0.00% | Add +4.5% | 46 | $457 |
| High Note Wealth, LLC | 0.00% | No change | 32 | $319 |
| Abound Wealth Management | 0.00% | Reduce -43.4% | 30 | $300 |
| Perkins Coie Trust Co | 0.00% | New | 26 | $259 |
"% of holder's portfolio" is VALE's weight in each manager's 13F, not the share of Vale SA-SP ADR the manager owns.