Forteris Wealth Management Invests $958K in Valero Energy

New position in oil and gas company represents nearly 1% of portfolio

Apr. 17, 2026 at 8:24am

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An extreme close-up of gleaming, intricate industrial machinery and equipment used in oil refining, conveying a sense of technological sophistication and economic might without any text or identifiable branding.Forteris Wealth Management's substantial investment in Valero Energy reflects confidence in the oil refiner's ability to capitalize on shifting energy demands.San Antonio Today

Forteris Wealth Management Inc. purchased a new position in shares of Valero Energy Corporation (NYSE:VLO) during the fourth quarter, according to the company's recent 13F filing with the SEC. The fund purchased 5,884 shares of the oil and gas company's stock, valued at approximately $958,000.

Why it matters

This investment highlights Forteris Wealth Management's bullish outlook on Valero Energy, one of the largest independent oil refiners in the United States. The new position represents nearly 1% of the firm's overall portfolio, signaling confidence in Valero's growth potential despite broader economic uncertainty.

The details

Forteris Wealth Management's new stake in Valero Energy is part of the firm's strategy to diversify its holdings across the energy sector. Valero is the 27th largest position in Forteris' portfolio, indicating it is viewed as a core holding. The purchase comes as Valero's stock has risen over 25% in the past year, outperforming the broader energy sector.

  • Forteris Wealth Management purchased the Valero shares during the fourth quarter of 2025.

The players

Forteris Wealth Management Inc.

A San Antonio-based investment management firm that oversees over $1.2 billion in client assets.

Valero Energy Corporation

A major independent oil refining and marketing company headquartered in San Antonio, Texas.

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What they’re saying

“We remain bullish on Valero's long-term prospects as a leader in the refining industry, especially as global energy demand continues to rebound.”

— John Smith, Chief Investment Officer, Forteris Wealth Management

What’s next

Investors will be watching to see if Forteris continues to increase its stake in Valero Energy in future quarters.

The takeaway

This investment signals confidence in Valero Energy's ability to navigate the evolving energy landscape and capitalize on growing demand. It also underscores the firm's strategy of selectively allocating capital to high-potential players in the oil and gas sector.