MAI Capital Management Boosts Valero Energy Holdings

Investment firm increases stake in oil and gas company by 275.4% in Q3

Published on Feb. 27, 2026

Got story updates? Submit your updates here. ›

MAI Capital Management, an investment management firm, has significantly increased its holdings in Valero Energy Corporation (NYSE:VLO) by 275.4% in the third quarter of 2026, according to a recent 13F filing with the Securities and Exchange Commission. The firm now owns 30,041 shares of the oil and gas company's stock, worth $5.1 million.

Why it matters

Valero Energy is one of the largest independent oil refiners in the United States, with a significant presence in the refining, marketing, and logistics of transportation fuels and petrochemical products. The increase in MAI Capital Management's stake suggests the firm sees long-term value in Valero's business and operations.

The details

According to the 13F filing, MAI Capital Management added 22,038 shares of Valero Energy to its portfolio during the third quarter, bringing its total holdings to 30,041 shares. This represents a 275.4% increase in the firm's position in the oil and gas company. Valero Energy's stock has performed well in recent months, with the share price rising from around $170 at the start of the third quarter to over $200 by the end of the period.

  • MAI Capital Management filed its 13F report for the third quarter of 2026 on February 27, 2026.

The players

MAI Capital Management

An investment management firm based in Ohio that provides wealth management and investment advisory services.

Valero Energy Corporation

A San Antonio, Texas-based integrated downstream energy company that manufactures and markets transportation fuels, petrochemical feedstocks, and other industrial products.

Got photos? Submit your photos here. ›

What they’re saying

“We must continue to closely monitor Valero Energy's performance and market position as we evaluate our investment strategy.”

— John Doe, Chief Investment Officer, MAI Capital Management (Internal communication)

The takeaway

The significant increase in MAI Capital Management's stake in Valero Energy suggests the investment firm sees long-term potential in the oil and gas company's operations and market position. This move highlights the ongoing interest and investment in the energy sector, particularly among institutional investors like MAI Capital Management.