VALE3

Vale S.A. · Non-Energy Minerals

Portfolios as of March 2026

Price

R$65.44

▼ 10.8% over 1 month

All funds holding it

1,133

+25 this month

Value across all funds

R$18.7B

portfolios of Mar/26

Sold short

R$6.1B

111 funds

Largest holders

Equity and multi-strategy funds with AUM of R$ 50M or more

1
Plural GERAÇÃO L. PAR
HeldR$907.3M
2
Capstone Partners CAPSTONE MACRO MASTER
AddedR$873.1M
3
Caixa CAIXA VALE DO RIO DOCE
HeldR$668.4M
4
BB BB AÇÕES VALE
HeldR$644.1M
5
Previ PREVI RENDA VARIÁVEL ATIVA
HeldR$547.5M
6
Itaú Unibanco ITAÚ MASTER VALE AÇÕES
HeldR$401.2M
7
Banco Bradesco BRADESCO
HeldR$275.7M

Month by month

Number of shares at each month-end

Fund	Position	Mar/26	Feb/26	Jan/26	Dec/25	Nov/25	Oct/25
Plural · GERAÇÃO L. PAR	Held	11M	11M	12M	12M	12M	12M
Capstone Partners · CAPSTONE MACRO MASTER	Added	10.6M	9.7M	9.8M	13M	10.9M	11.3M
Caixa · CAIXA VALE DO RIO DOCE	Held	8.1M	8.1M	8.3M	8.5M	8.6M	8.8M
BB · BB AÇÕES VALE	Held	7.8M	7.8M	8M	8M	8.2M	8.5M
Previ · PREVI RENDA VARIÁVEL ATIVA	Held	6.6M	6.6M	7.1M	8.9M	8.9M	9.3M
Itaú Unibanco · ITAÚ MASTER VALE AÇÕES	Held	4.9M	4.9M	5M	5M	5.3M	5.4M
Banco Bradesco · BRADESCO	Held	3.3M	3.3M	3.3M	3.3M	3.4M	3.5M
Kapitalo · KAPITALO ZETA MERIDIA MASTER	Trimmed	2.8M	3.1M	2.8M	3.3M	3.1M	3.1M
Tempo Capital · TEMPO CAPITAL PRINCIPAL	Held	2.7M	2.7M	2.6M	2.6M	2.5M	2.5M
SPX · SPX RAPTOR MASTER	Added	2.1M	2M	2.5M	2.5M	2.4M	1.2M
SPX · SPX SUMMIT MACRO LONG SHORT MASTER	Added	2M	1.9M	1.6M	1.6M	1.2M	435.9K
Itaú Unibanco · ITAÚ ÍNDEX AÇÕES IBOVESPA	Added	1.7M	1.7M	1.6M	1.9M	1.9M	2M
Real Investor · REAL INVESTOR MASTER	Added	1.7M	1.4M	1.5M	1.7M	1.8M	1.5M
Oceana · OCEANA VALOR II MASTER	Trimmed	1.6M	1.9M	1.2M	1.4M	1.7M	1.7M
BB · BRASILPREV TOP A	Added	1.6M	1.1M	1.1M	1.5M	1.5M	1.5M
BB · BB AÇÕES VALE I	Trimmed	1.6M	2M	2M	2M	2M	2.1M
Itaú Unibanco · ITAÚ FTSE RAFI BRAZIL 50 CAPPED INDEX	Held	1.5M	1.5M	1.5M	1.3M	1.4M	1.3M
Itaú Unibanco · ITAÚ DUNAMIS MASTER	Trimmed	1.4M	2.3M	2.2M	2.9M	2.4M	2.6M
Opportunity · OPPORTUNITY CARTEIRA	Added	1.4M	577.1K	1.9M	1.9M	1.9M	2.5M
Itaú Unibanco · ITAÚ INDEX AÇÕES IBRX	Held	1.4M	1.4M	1.4M	1.5M	1.5M	1.7M
Santander Brasil · SANTANDER VALE 4 AÇÕES -	Held	1.4M	1.4M	1.4M	1.4M	1.5M	1.5M
Absolute · ABSOLUTE PACE LONG BIASED MASTER	Added	1.3M	229.6K	251.5K	137.7K	–	73.4K
Itaú Unibanco · ITAÚ FLEXPREV	Held	1.3M	1.3M	1.6M	1.9M	1.7M	1.7M
BB · BB AÇÕES GOVERNANÇA IS	Held	1.3M	1.3M	1.3M	1.2M	1.1M	1.1M
Itaú Unibanco · ITAÚ IBRX ATIVO MASTER	Added	1.1M	1M	1M	1M	1.1M	1.1M

Funds holding it

All CVM funds

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Insiders

VLMO form, ten days after month-end

Aug/26Conselho de Administração+R$676.16
Jul/26Conselho de Administração+R$156.27
Jun/26Conselho de Administração+R$28.3K−R$20.4K
Apr/26Diretor+R$1.1M