Howard Marks acquired 2.03M Vale S.A. shares worth $20.9M. That's 0.55% of their equity portfolio (29th largest holding). The first Vale S.A. trade was made in Q1 2010. Since then Howard Marks bought shares 22 more times and sold shares on twenty occasions. The investor's estimated purchase price is $26M, resulting in a loss of 20%.
Nickel price pops past $100,000 per ton in metal short squeeze Check out Howard Marks Stock Picks ? Download GuruFolio Report of Howard Marks (Updated on 03/...