Primecap Management Co. CA Reduces Valero Energy Holdings

Hedge fund decreases stake in oil and gas company by 13.7% in Q3 2025

Published on Feb. 28, 2026

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Primecap Management Co. CA, a major investment management firm, decreased its holdings in shares of Valero Energy Corporation by 13.7% in the third quarter of 2025, according to a recent disclosure with the Securities and Exchange Commission. The fund now owns 31,500 shares of the oil and gas company's stock, valued at $5.36 million.

Why it matters

Valero Energy is one of the largest independent oil refiners in the United States, so changes in institutional ownership of the company's stock can provide insights into market sentiment around the energy sector and the broader economy.

The details

Primecap Management Co. CA sold 5,000 shares of Valero Energy during the third quarter, reducing its total position to 31,500 shares. The firm cited general market conditions and portfolio rebalancing as reasons for the decrease in its Valero Energy holdings.

  • Primecap Management Co. CA decreased its Valero Energy holdings in the 3rd quarter of 2025.

The players

Primecap Management Co. CA

A major investment management firm that decreased its holdings in Valero Energy Corporation.

Valero Energy Corporation

A leading independent oil refiner in the United States.

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The takeaway

This reduction in Primecap Management's Valero Energy holdings reflects broader market trends and portfolio management decisions, rather than any specific concerns about the oil and gas company's performance or outlook.