Ray Dalio acquired 924 Thousand Vale S.A. shares worth $9.08 Million. That's 0.04% of their equity portfolio (270th largest holding). The first Vale S.A. trade was made in Q1 2013. Since then Ray Dalio bought shares sixteen more times and sold shares on eighteen occasions. The investor's estimated purchase price is $9.93 Million, resulting in a loss of 8.6%.