13F

Position

CoreCommodity Management, LLC in Vale S.A.

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Estimated mark uses implied 13F prices (value ÷ shares). Adds are treated as happening at this quarter’s mark; cuts at last quarter’s. Share jumps can be splits, not buys. This is not realized P&L.

Latest estimated mark $60.6K$13.03$15.91

QuarterSharesValueImplied pxEst. markFlowWeight
Q4 202522.9K$298.4K0.1%
Q1 202621K$334.6K$15.91$60.6K−$24.4K0.1%