Institutional Insights: Hedge Funds' Moves on VALE Revealed

2024-03-12

During the quarter ending on December 31, 2023, VALE attracted significant interest from Hedge Funds and ETFs. Data revealed that 498 Hedge Funds collectively held 854,826,293 VALE shares, while a smaller number of shares, 23,074,735, were held by 7 ETFs.

Among the top institutions holding VALE shares were Goldman Sachs Group Inc, Capital International Investors, BlackRock Inc., Capital Research Global Investors, and Capital World Investors. These institutions demonstrated a strong vote of confidence in the company by holding substantial amounts of VALE shares.

Trading activity in the last quarter indicated a high level of engagement from Hedge Funds. Out of 220 Hedge Funds actively trading VALE, 180 were selling shares while 220 were buying. The total number of shares bought exceeded those sold, with 131,186,696 shares bought and 138,863,050 shares sold. Notably, 51 Hedge Funds doubled their position on VALE, signaling a growing bullish sentiment.

The data also shed light on the most pessimistic and optimistic institutions regarding VALE. Pessimistic institutions included Citigroup Inc, Goldman Sachs Group Inc, Susquehanna International Group, LLP, Capital Research Global Investors, and Citadel Advisors LLC. Conversely, the most optimistic institutions were identified as Goldman Sachs Group Inc, Price T Rowe Associates Inc, SPX Gestao de Recursos Ltda, Lighthouse Investment Partners, LLC, and FMR LLC.

This insightful information was sourced from sharkstracker.com, a platform known for providing a data-driven perspective on the market. For a more in-depth analysis and detailed insights, the full version of the article is available for purchase at the provided link.