VALERO ENERGY CORP VLO
COM · Common Stock · CUSIP 91913Y100 · ISIN US91913Y1001
American petroleum company
- SectorEnergy
- IndustryPetroleum Refining
- HeadquartersSan Antonio, TX
- Founded1980
- Websitevalero.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($519.8m this quarter). Holder counts are more reliable. Shares outstanding: 287.9m as of 2026-07-24, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $260.57. Options: 46 managers hold calls ($1.1bn notional), 37 hold puts ($886.2m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 1,241 |
| Q4 2022 | 1,326 |
| Q1 2023 | 1,397 |
| Q2 2023 | 1,345 |
| Q3 2023 | 1,379 |
| Q4 2023 | 1,452 |
| Q1 2024 | 1,525 |
| Q2 2024 | 1,477 |
| Q3 2024 | 1,453 |
| Q4 2024 | 1,478 |
| Q1 2025 | 1,472 |
| Q2 2025 | 1,482 |
| Q3 2025 | 1,558 |
| Q4 2025 | 1,629 |
| Q1 2026 | 1,874 |
| Q2 2026 | 1,976 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 664 | 673 |
| Q4 2024 | 580 | 713 |
| Q1 2025 | 656 | 666 |
| Q2 2025 | 669 | 665 |
| Q3 2025 | 703 | 656 |
| Q4 2025 | 706 | 687 |
| Q1 2026 | 989 | 703 |
| Q2 2026 | 923 | 825 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $1.1bn | $1.3bn | 1.10 |
| Q4 2025 | $741.2m | $885.9m | 1.20 |
| Q1 2026 | $1.0bn | $1.0bn | 1.02 |
| Q2 2026 | $1.1bn | $886.2m | 0.78 |
Biggest buyers
| AQR CAPITAL MANAGEMENT LLC | Added | +1.3m |
| MORGAN STANLEY | Added | +782.6k |
| AustralianSuper Pty Ltd | Added | +761.8k |
| TWO SIGMA INVESTMENTS, LP | Added | +592.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +520.6k |
| Holocene Advisors, LP | New | +430.6k |
| WELLS FARGO & COMPANY/MN | Added | +395.1k |
| SG Americas Securities, LLC | Added | +289.8k |
| Allspring Global Investments Holdings, LLC | Added | +259.8k |
| CITIGROUP INC | Added | +239.6k |
Biggest sellers
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -4.2m |
| AMERIPRISE FINANCIAL INC | Reduced | -1.3m |
| GEODE CAPITAL MANAGEMENT, LLC | Reduced | -1.0m |
| 1832 Asset Management L.P. | Reduced | -992.2k |
| BlackRock, Inc. | Reduced | -869.2k |
| Amundi | Reduced | -770.1k |
| JPMORGAN CHASE & CO | Reduced | -769.1k |
| STATE STREET CORP | Reduced | -712.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -650.2k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -616.2k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $263.5m1.0m shares |
| JANE STREET GROUP, LLC | Added | $208.8m801.8k shares |
| CITADEL ADVISORS LLC | Added | $155.7m597.9k shares |
| IMC-Chicago, LLC | Added | $152.5m585.6k shares |
| Optiver Holding B.V. | Added | $38.8m149.1k shares |
| Walleye Trading LLC | Added | $26.5m101.9k shares |
| UBS Group AG | Reduced | $25.4m97.4k shares |
| SIMPLEX TRADING, LLC | Added | $24.4m93.6k shares |
| PEAK6 LLC | Reduced | $20.9m80.1k shares |
| D. E. Shaw & Co., Inc. | Added | $18.5m70.9k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $160.0m614.3k shares |
| JANE STREET GROUP, LLC | Reduced | $158.6m609.1k shares |
| CITADEL ADVISORS LLC | Added | $128.4m493.1k shares |
| IMC-Chicago, LLC | Reduced | $85.1m326.9k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $64.7m248.4k shares |
| UBS Group AG | Reduced | $45.2m173.6k shares |
| Walleye Trading LLC | Added | $38.3m147.0k shares |
| BNP PARIBAS FINANCIAL MARKETS | Reduced | $37.9m1.5k shares |
| Alphadyne Asset Management LP | Reduced | $19.0m72.9k shares |
| Optiver Holding B.V. | Reduced | $13.8m53.0k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.6% |
| BlackRock, Inc. 13G · institution filed 2025-04-24 | 7.3% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-07-31 | 5.0% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 1 | $1.7m | — |
| Q1 2026 | 0 | — | 1 | $2.0m | — |
| Q2 2026 | 0 | — | 1 | $5.7m | — |
| Q3 2026 | 0 | — | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-06-29 | Fisher Eric A SVP | Sold | $2.0m7.5k shares |
| 2026-06-18 | Fisher Eric A SVP | Sold | $1.8m7.5k shares |
| 2026-05-18 | Fisher Eric A SVP | Sold | $1.9m7.5k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.10% of their portfolio | 25.1m $6.5bn | Reduced -869.2k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.11% of their portfolio | 19.4m $5.1bn | Reduced -232.0k |
| STATE STREET CORP 0.15% of their portfolio | 18.9m $4.9bn | Reduced -712.0k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.17% of their portfolio | 14.8m $3.9bn | Reduced -33.7k |
| FMR LLC 0.10% of their portfolio | 8.5m $2.2bn | Added +134.6k |
| MORGAN STANLEY 0.11% of their portfolio | 8.0m $2.1bn | Added +782.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.10% of their portfolio | 7.3m $1.9bn | Reduced -1.0m |
| NORGES BANK 0.17% of their portfolio | 6.4m $1.7bn | Not comparable |
| FRANKLIN RESOURCES INC 0.36% of their portfolio | 6.3m $1.6bn | Reduced -83.3k |
| AMERIPRISE FINANCIAL INC 0.28% of their portfolio | 5.2m $1.4bn | Reduced -1.3m |
| BANK OF AMERICA CORP /DE/ 0.08% of their portfolio | 4.6m $1.2bn | Reduced -441.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.10% of their portfolio | 3.9m $1.0bn | Reduced -4.2m |
| BARCLAYS PLC 0.28% of their portfolio | 3.4m $880.4m | Reduced -181.1k |
| NORTHERN TRUST CORP 0.10% of their portfolio | 3.3m $851.4m | Added +30.8k |
| Invesco Ltd. 0.06% of their portfolio | 2.8m $741.1m | Added +210.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.10% of their portfolio | 2.7m $715.9m | Reduced -195.2k |
| Bank of New York Mellon Corp 0.11% of their portfolio | 2.7m $691.0m | Reduced -316.2k |
| DIMENSIONAL FUND ADVISORS LP 0.12% of their portfolio | 2.6m $684.8m | Added +139.7k |
| GOLDMAN SACHS GROUP INC 0.07% of their portfolio | 2.6m $676.3m | Reduced -80.9k |
| Nuveen, LLC 0.16% of their portfolio | 2.5m $651.1m | Reduced -224.7k |
| JPMORGAN CHASE & CO 0.03% of their portfolio | 2.2m $585.9m | Reduced -769.1k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.25% of their portfolio | 2.2m $570.9m | Reduced -650.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.10% of their portfolio | 2.1m $536.1m | Added +520.6k |
| AQR CAPITAL MANAGEMENT LLC 0.18% of their portfolio | 2.0m $526.2m | Added +1.3m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.16% of their portfolio | 1.9m $503.7m | Reduced -107.2k |
| Amundi 0.11% of their portfolio | 1.8m $472.7m | Reduced -770.1k |
| Allspring Global Investments Holdings, LLC 0.70% of their portfolio | 1.7m $453.9m | Added +259.8k |
| VANGUARD FIDUCIARY TRUST CO 0.10% of their portfolio | 1.7m $435.4m | Reduced -40.0k |
| UBS Group AG 0.07% of their portfolio | 1.7m $429.9m | Reduced -110.2k |
| Legal & General Group Plc 0.09% of their portfolio | 1.6m $417.3m | Reduced -153.5k |
| WELLS FARGO & COMPANY/MN 0.07% of their portfolio | 1.5m $402.0m | Added +395.1k |
| Allianz Asset Management GmbH 0.39% of their portfolio | 1.5m $381.3m | Reduced -167.8k |
| ROYAL BANK OF CANADA 0.06% of their portfolio | 1.4m $352.2m | Reduced -83.1k |
| Life Cycle Investment Partners Ltd 1.59% of their portfolio | 1.3m $341.7m | Added +181.3k |
| TWO SIGMA INVESTMENTS, LP 0.25% of their portfolio | 1.3m $334.3m | Added +592.3k |
| LSV ASSET MANAGEMENT 0.58% of their portfolio | 1.2m $317.5m | Added +17.6k |
| ACADIAN ASSET MANAGEMENT LLC 0.36% of their portfolio | 1.2m $300.1m | Added +64.1k |
| RAYMOND JAMES FINANCIAL INC 0.08% of their portfolio | 1.1m $278.9m | Reduced -124.8k |
| Pacer Advisors, Inc. 0.70% of their portfolio | 1.0m $270.7m | Reduced -53.4k |
| AGF MANAGEMENT LTD 0.93% of their portfolio | 925.0k $240.9m | Reduced -516.4k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.86% of their portfolio | 913.7k $238.0m | Added +105.8k |
| DEUTSCHE BANK AG\ 0.06% of their portfolio | 845.3k $220.2m | Reduced -116.7k |
| Swiss National Bank 0.11% of their portfolio | 843.3k $219.6m | Reduced -51.8k |
| MILLENNIUM MANAGEMENT LLC 0.14% of their portfolio | 804.5k $209.5m | Reduced -546.2k |
| VOYA INVESTMENT MANAGEMENT LLC 0.18% of their portfolio | 795.2k $207.1m | Added +74.7k |
| AustralianSuper Pty Ltd 0.88% of their portfolio | 782.4k $203.8m | Added +761.8k |
| HSBC HOLDINGS PLC 0.09% of their portfolio | 744.0k $194.2m | Added +20.2k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.11% of their portfolio | 730.3k $190.2m | Added +34.9k |
| BNP PARIBAS FINANCIAL MARKETS 0.10% of their portfolio | 729.2k $189.9m | Added +149.3k |
| WELLINGTON MANAGEMENT GROUP LLP 0.03% of their portfolio | 695.0k $181.0m | Reduced -616.2k |
| Robeco Institutional Asset Management B.V. 0.22% of their portfolio | 687.0k $178.9m | Added +10.3k |
| Russell Investments Group, Ltd. 0.15% of their portfolio | 670.2k $175.4m | Reduced -2.1k |
| BANK OF MONTREAL /CAN/ 0.06% of their portfolio | 667.4k $173.8m | Added +1.2k |
| Vanguard Global Advisers, LLC 0.08% of their portfolio | 652.9k $170.0m | Reduced -13.4k |
| Sumitomo Mitsui Trust Group, Inc. 0.10% of their portfolio | 639.1k $166.5m | Reduced -12.3k |
| MONTRUSCO BOLTON INVESTMENTS INC. 2.57% of their portfolio | 637.4k $166.0m | Reduced -298.8k |
| California Public Employees Retirement System 0.09% of their portfolio | 636.8k $165.9m | Reduced -24.6k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.11% of their portfolio | 634.1k $165.1m | Added +64.3k |
| CITIGROUP INC 0.08% of their portfolio | 625.8k $163.0m | Added +239.6k |
| VICTORY CAPITAL MANAGEMENT INC 0.09% of their portfolio | 610.2k $158.9m | Reduced -291.2k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.12% of their portfolio | 594.5k $154.8m | Reduced -13.1k |
| LPL Financial LLC 0.03% of their portfolio | 582.1k $151.6m | Added +31.2k |
| RHUMBLINE ADVISERS 0.11% of their portfolio | 572.8k $149.2m | Reduced -33.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.13% of their portfolio | 552.2k $143.8m | Added +198.1k |
| National Pension Service 0.09% of their portfolio | 549.7k $143.2m | Added +5.6k |
| STIFEL FINANCIAL CORP 0.12% of their portfolio | 548.7k $142.9m | Reduced -45.1k |
| FIL Ltd 0.10% of their portfolio | 546.2k $142.3m | Added +17.3k |
| HUNTINGTON NATIONAL BANK 0.69% of their portfolio | 545.3k $142.0m | Added +82.5k |
| CINCINNATI FINANCIAL CORP 2.56% of their portfolio | 514.6k $134.0m | Unchanged |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.46% of their portfolio | 513.7k $133.8m | Added +118.5k |
| SG Americas Securities, LLC 0.07% of their portfolio | 500.1k $130.2m | Added +289.8k |
| Qube Research & Technologies Ltd 0.13% of their portfolio | 450.6k $117.4m | Added +2.4k |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.21% of their portfolio | 440.8k $114.8m | Reduced -18.2k |
| JENNISON ASSOCIATES LLC 0.07% of their portfolio | 432.7k $112.7m | Added +19.3k |
| Holocene Advisors, LP 0.26% of their portfolio | 430.6k $112.1m | New |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.40% of their portfolio | 419.1k $109.2m | Reduced -446.7k |
| Empower Advisory Group, LLC 0.24% of their portfolio | 384.0k $100.0m | Reduced -214.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.05% of their portfolio | 363.2k $94.6m | Added +7.9k |
| CINCINNATI INSURANCE CO 1.34% of their portfolio | 356.5k $92.9m | Unchanged |
| ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio | 355.9k $87.9m | Reduced -44.1k |
| 1832 Asset Management L.P. 0.11% of their portfolio | 341.0k $88.8m | Reduced -992.2k |
| Ensign Peak Advisors, Inc 0.15% of their portfolio | 339.9k $88.5m | Reduced -10.5k |
| M&T Bank Corp 0.26% of their portfolio | 337.6k $87.9m | Added +9.4k |
| Squarepoint Ops LLC 0.16% of their portfolio | 316.7k $82.5m | Added +28.5k |
| AVIVA PLC 0.12% of their portfolio | 314.2k $81.8m | Reduced -441 |
| SEI INVESTMENTS CO 0.07% of their portfolio | 312.3k $81.3m | Added +11.5k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.15% of their portfolio | 295.3k $76.9m | Added +43.3k |
| Bridgewater Associates, LP 0.30% of their portfolio | 285.0k $74.2m | Added +151.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio | 274.7k $71.5m | Added +92 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.09% of their portfolio | 272.3k $70.9m | Added +141.0k |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.04% of their portfolio | 267.4k $69.7m | Added +10.9k |
| Balyasny Asset Management L.P. 0.13% of their portfolio | 264.5k $68.9m | Added +16.9k |
| Assenagon Asset Management S.A. 0.04% of their portfolio | 261.6k $68.1m | Added +170.3k |
| Gotham Asset Management, LLC 0.16% of their portfolio | 260.5k $67.8m | Added +44.7k |
| JANE STREET GROUP, LLC 0.04% of their portfolio | 258.3k $67.3m | Added +237.8k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.09% of their portfolio | 249.6k $65.0m | Added +1.4k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.11% of their portfolio | 248.5k $64.7m | Reduced -24.3k |
| Quantinno Capital Management LP 0.08% of their portfolio | 248.1k $64.6m | Added +35.2k |
| PANAGORA ASSET MANAGEMENT INC 0.20% of their portfolio | 247.8k $64.5m | Added +48.5k |
| Ninety One UK Ltd 0.14% of their portfolio | 247.0k $64.3m | Reduced -173.2k |