Ray Dalio acquired 3.78M Vale S.A. shares worth $38.8M. That's 0.15% of their equity portfolio (107th largest holding). The first Vale S.A. trade was made in Q1 2013. Since then Ray Dalio bought shares seventeen more times and sold shares on eighteen occasions. The stake costed the investor $38.6M, netting the investor a gain of 0.6% so far.