This Acquirers Multiple Stock Appearing In Grantham, Marks, Simons Portfolios

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Part of the weekly research here at The Acquirer’s Multiple features some of the top picks from our Stock Screeners and some top investors who are holding these same picks in their portfolios. Investors such as Warren Buffett, Joel Greenblatt, Carl Icahn, Jim Simons, Prem Watsa, Jeremy Grantham, Seth Klarman, Ray Dalio, and Howard Marks. The top investor data is provided from their latest 13F’s. This week we’ll take a look at:

Vale SA (NYSE: VALE)

Vale is the world’s largest iron ore miner and one of the largest diversified miners, along with BHP and Rio Tinto. Earnings are dominated by the bulk materials division, primarily iron ore and iron ore pellets, with minor contributions from iron ore proxies, including manganese and coal. The base metals division is much smaller, primarily consisting of nickel mines and smelters with a small contribution from copper.

A quick look at the price chart below shows us that the stock is down 17% in the past twelve months. We currently have the stock trading on an Acquirer’s Multiple of 3.10, which means that it remains undervalued.

(Source: @ycharts)

Superinvestors who currently hold positions in the company include:

(Shares)

Ken Fisher – 30,978,681

Cliff Asness – 12,507,267

Jim Simons – 8,999,759

Howard Marks – 7,668,042

Jeremy Grantham – 2,552,477

Ken Griffin – 741,639

Bill Miller – 725,000

Israel Englander – 476,277

Jim O’Shaughnessy – 386,661

Wally Weitz – 175,000

Lee Ainslie – 10,073

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