Groupama Asset Managment Boosts Valero Energy Stake

Investment firm increases holdings in oil and gas company by 10.7%

Mar. 19, 2026 at 9:38am

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Groupama Asset Managment, an institutional investor, has increased its stake in Valero Energy Corporation (NYSE:VLO) by 10.7% in the third quarter, according to a recent SEC filing. The firm now owns 173,650 shares of the oil and gas company's stock, worth approximately $29.6 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. The increase in Groupama's stake suggests the investment firm sees continued growth potential in Valero's business, despite the volatility in the oil and gas industry.

The details

According to the SEC filing, Groupama Asset Managment acquired an additional 16,798 shares of Valero Energy in the third quarter, bringing its total ownership to 173,650 shares. This represents a 10.7% increase in the firm's stake in the company. Groupama Asset Managment is an institutional investor that manages a variety of investment funds and portfolios.

  • Groupama Asset Managment increased its stake in Valero Energy in the 3rd quarter of 2026.

The players

Groupama Asset Managment

An institutional investment firm that manages a variety of investment funds and portfolios.

Valero Energy Corporation

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

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The takeaway

Groupama Asset Managment's increased stake in Valero Energy suggests the investment firm sees continued growth potential in the oil refiner's business, despite the volatility in the broader oil and gas industry. This move highlights the ongoing investor interest in Valero as a key player in the U.S. energy landscape.