Huntington National Bank Reduces Stake in Valero Energy Corporation

The institutional investor sold over 290,000 shares of the oil and gas company in the third quarter.

Mar. 3, 2026 at 7:39am

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Huntington National Bank decreased its holdings in Valero Energy Corporation (NYSE:VLO) by 36.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The bank now owns approximately 511,243 shares of the oil and gas company's stock, down from over 800,000 shares previously.

Why it matters

Valero Energy is one of the largest independent oil refiners in the United States, so changes in major institutional investors' holdings can signal broader trends in the energy sector. This reduction in Huntington National Bank's stake could indicate a shift in investor sentiment or portfolio strategy.

The details

Huntington National Bank sold 291,086 shares of Valero Energy in the third quarter, reducing its total position to 511,243 shares worth around $87 million. The bank now owns about 0.17% of Valero's outstanding shares. Several other hedge funds also made changes to their Valero Energy holdings during the quarter, with some increasing and others decreasing their positions.

Huntington National Bank filed its third quarter 13F report with the SEC in late 2026.

The players