Caption Management, LLC

Position in VALE — Vale S.A.

CIK 1706766 OKLAHOMA CITY, OK

Back to VALE Full portfolio

Position in VALE

as of Mar 31, 2026 · filed May 15, 2026 Compact

Position Value

$14,685,852

+$4,652,752 QoQ

Shares Held

923,058

+19.9% QoQ

Ownership

0.022%

of shares outstanding

% of Portfolio

0.75%

of 13F equity value

Holder Rank

—

not a current holder

Holding Since

Dec 2020

14 quarters on record

Voting authority Sole 100.ToString("F0")% Shared 0.ToString("F0")% None 0.ToString("F0")%

Common Shares in VALE Over Time

Shares Held

Position Value (USD)

Derivatives in VALE

reported options exposure · as of Mar 31, 2026

CallValue

$24,867,330

CallShares

1,563,000

PutValue

$28,844,830

PutShares

1,813,000

Notional value of option positions as reported on Form 13F. Calls and puts are disclosed separately and do not net against the common-share stake above.

Position in Other Industrial Metals & Mining

Basic Materials · as of Mar 31, 2026

Caption Management, LLC holds $24,129,046 across 5 Other Industrial Metals & Mining names. VALE ranks #1 (60.9% of the industry book) .

#	Ticker	Company	Shares	Value (USD)
1	VALE	Vale S.A. This page	923,058	$14,685,852
2	MP	MP Materials Corp. / DE	181,660	$8,766,911
3	GSM	Ferroglobe PLC	126,115	$519,593
4	USAS	Americas Gold & Silver Corp	25,000	$130,500
5	UAMY	United States Antimony Corp	3,000	$26,190

All Filings in VALE

Export CSV

25 filing rows on record

Report Date	Value (USD)	Shares	Change	Type	Discretion	Filed
2026-03-31	$14,685,852	923,058	-40.9%	Shares	Sole	2026-05-15
2026-03-31	$24,867,330	1,563,000	-13.8%	Call	Sole	2026-05-15
2026-03-31	$28,844,830	1,813,000	-15.9%	Put	Sole	2026-05-15
2025-12-31	$28,084,862	2,155,400	+179.9%	Call	Sole	2026-02-17
2025-12-31	$10,033,100	770,000	-58.9%	Shares	Sole	2026-02-17
2025-12-31	$24,436,462	1,875,400	+4067.6%	Put	Sole	2026-02-17
2024-12-31	$399,150	45,000	0.0%	Shares	Sole	2025-02-14
2024-09-30	$525,600	45,000	+414.3%	Shares	Sole	2024-11-14
2023-03-31	$138,075	8,750	-95.6%	Shares	Sole	2023-05-15
2022-12-31	$3,394,000	200,000	+150.0%	Put	Sole	2023-02-14
2022-12-31	$1,357,600	80,000	-60.0%	Shares	Sole	2023-02-14
2022-09-30	$2,664,000	200,000	+566.7%	Put	Sole	2022-11-14
2022-09-30	$399,600	30,000	-85.0%	Shares	Sole	2022-11-14
2022-06-30	$2,926,000	200,000	+671.1%	Put	Sole	2022-08-15
2022-06-30	$379,443	25,936	-87.0%	Shares	Sole	2022-08-15
2022-03-31	$3,998,000	200,000	+66.7%	Put	Sole	2022-05-13
2022-03-31	$2,398,800	120,000	-40.0%	Call	Sole	2022-05-13
2021-12-31	$2,804,000	200,000	-9.4%	Put	Sole	2022-02-11
2021-12-31	$3,093,751	220,667	-62.6%	Shares	Sole	2022-02-11
2021-09-30	$8,230,500	590,000	-0.1%	Put	Sole	2021-11-12
2021-09-30	$8,241,660	590,800	-4.8%	Shares	Sole	2021-11-12
2021-06-30	$14,151,324	620,400	+0.0%	Shares	Sole	2021-08-16
2021-06-30	$14,144,481	620,100	+921.6%	Put	Sole	2021-08-16
2021-03-31	$1,054,966	60,700	+2.5%	Shares	Sole	2021-05-17
2020-12-31	$992,192	59,200	—	Shares	Sole	2021-02-16
No filing history on record for this holder in this stock.