Jeremy Grantham's VALE Position Overview
Jeremy Grantham (via Grantham, Mayo, Van Otterloo & Co. LLC) currently holds 317,300 shares of Vale S.A. (VALE) worth $4.13 M, representing 0.01% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 41 quarters.
Based on 13F filings since 2013, Jeremy Grantham has maintained a long-term strategic position in VALE, representing a significant commitment to this investment thesis. Largest addition occurred in Q4 2014, adding 10.77 M shares. Largest reduction occurred in Q2 2015, reducing 14.71 M shares.
Analysis based on 13F filings available since 2013 Q2
Jeremy Grantham's Vale (VALE) Holding Value Over Time
Track share changes against reported price movement
Quarterly Vale (VALE) Trades by Jeremy Grantham
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +317,300 | New Buy | 317,300 | $13.03 |
| Q2 2025 | -113,737 | Sold Out | 0 | $0.00 |
| Q1 2025 | -618,264 | Reduce 84.46% | 113,737 | $9.98 |
| Q4 2024 | -90,578 | Reduce 11.01% | 732,001 | $8.87 |
| Q3 2024 | -9,374 | Reduce 1.13% | 822,579 | $11.68 |
| Q2 2024 | +529,998 | Add 175.52% | 831,953 | $11.17 |
| Q1 2024 | +171,026 | Add 130.62% | 301,955 | $12.19 |
| Q4 2023 | -47,082 | Reduce 26.45% | 130,929 | $15.86 |
| Q3 2023 | -51,391 | Reduce 22.40% | 178,011 | $13.40 |
| Q2 2023 | -1.05 M | Reduce 82.07% | 229,402 | $13.42 |
| Q1 2023 | -1.43 M | Reduce 52.81% | 1.28 M | $15.78 |
| Q4 2022 | +2.01 M | Add 287.57% | 2.71 M | $16.97 |
| Q3 2022 | +611,878 | Add 697.08% | 699,655 | $13.32 |
| Q2 2022 | -748,700 | Reduce 89.51% | 87,777 | $14.63 |
| Q1 2022 | -1.72 M | Reduce 67.23% | 836,477 | $19.99 |
| Q4 2021 | -899,000 | Reduce 26.05% | 2.55 M | $14.02 |
| Q3 2021 | +497,677 | Add 16.85% | 3.45 M | $13.95 |
| Q2 2021 | +1.01 M | Add 52.28% | 2.95 M | $22.81 |
| Q1 2021 | +1.94 M | New Buy | 1.94 M | $17.38 |
| Q4 2019 | -1.26 M | Sold Out | 0 | $0.00 |
| Q3 2019 | +268,300 | Add 26.94% | 1.26 M | $11.50 |
| Q2 2019 | -415,700 | Reduce 29.45% | 995,900 | $13.44 |
| Q1 2019 | +108,900 | Add 8.36% | 1.41 M | $13.06 |
| Q4 2018 | +338,805 | Add 35.15% | 1.3 M | $13.19 |
| Q3 2018 | +914,400 | Add 1847.46% | 963,895 | $14.84 |
| Q1 2018 | -1.66 M | Reduce 97.10% | 49,495 | $12.73 |
| Q4 2017 | +514,232 | Add 43.07% | 1.71 M | $12.23 |
| Q3 2017 | +1.08 M | Add 964.17% | 1.19 M | $10.07 |
| Q2 2017 | -9,800 | Reduce 8.03% | 112,200 | $8.75 |
| Q1 2017 | +122,000 | New Buy | 122,000 | $9.50 |
| Q3 2015 | -527,040 | Sold Out | 0 | $0.00 |
| Q2 2015 | -14.71 M | Reduce 96.54% | 527,040 | $5.89 |
| Q1 2015 | +4.02 M | Add 35.88% | 15.23 M | $5.65 |
| Q4 2014 | +10.77 M | Add 2431.10% | 11.21 M | $8.18 |
| Q3 2014 | -1.71 M | Reduce 79.42% | 442,940 | $11.01 |
| Q2 2014 | -3.78 M | Reduce 63.71% | 2.15 M | $13.23 |
| Q1 2014 | -2.8 M | Reduce 32.06% | 5.93 M | $13.83 |
| Q4 2013 | -4.63 M | Reduce 34.68% | 8.73 M | $15.25 |
| Q3 2013 | -382,180 | Reduce 2.78% | 13.36 M | $15.61 |
| Q2 2013 | +13.75 M | Add 0.00% | 13.75 M | $13.15 |
Jeremy Grantham's Vale Investment FAQs
Jeremy Grantham first purchased Vale S.A. (VALE) in Q2 2013, acquiring 13,745,351 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Jeremy Grantham has held Vale S.A. (VALE) for 41 quarters since Q2 2013.
Jeremy Grantham's largest addition to Vale S.A. (VALE) was in Q2 2013, adding 13,745,351 shares worth $180.75 M.
According to the latest 13F filing for Q4 2025, Jeremy Grantham's firm, Grantham, Mayo, Van Otterloo & Co. LLC, owns 317,300 shares of Vale S.A. (VALE), valued at approximately $4.13 M.
As of the Q4 2025 filing, Vale S.A. (VALE) represents approximately 0.01% of Jeremy Grantham's publicly disclosed stock portfolio, making it one of their key holdings.
Jeremy Grantham's peak holding in Vale S.A. (VALE) was 15,234,340 shares, as reported at the end of Q1 2015.