Ray Dalio acquired 3.99M Vale S.A. shares worth $62.6M. That's 0.22% of their equity portfolio (71st largest holding). The first Vale S.A. trade was made in Q1 2013. Since then Ray Dalio bought shares eighteen more times and sold shares on twenty occasions. The stake costed the investor $40.7M, netting the investor a gain of 54% so far.