Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Should You Buy Valero Energy Corporation (VLO)?

Page 1 of 2

With the third-quarter round of 13F filings behind us, it is time to take a look at the stocks in which some of the best money managers in the world preferred to invest or sell heading into the fourth quarter. One of these stocks was Valero Energy Corporation (NYSE:VLO).

Valero Energy Corporation has seen an increase in enthusiasm from smart money recently. VLO was in 56 hedge funds’ portfolios at the end of September. There were 48 hedge funds in our database with VLO holdings at the end of the previous quarter. The level and the change in hedge fund popularity aren’t the only variables you need to analyze to decipher hedge funds’ perspectives. A stock may witness a boost in popularity but it may still be less popular than similarly priced stocks. That’s why at the end of this article we will examine companies such as eBay Inc (NASDAQ:EBAY), Syngenta AG (ADR) (NYSE:SYT), and Liberty Global PLC LiLAC Class A (NASDAQ:LILA) to gather more data points.

Follow Valero Energy Corp (NYSE:VLO)
Trade (NYSE:VLO) Now!

In the 21st-century investor’s toolkit, there are many tools shareholders employ to grade stocks. Two of the less known tools are hedge fund and insider trading activity. We have shown that, historically, those who follow the best picks of the elite fund managers can outperform the broader indices by a superb amount (see the details here).

With all of this in mind, let’s take a peek at the key action encompassing Valero Energy Corporation (NYSE:VLO).

Hedge fund activity in Valero Energy Corporation (NYSE:VLO)

At the end of the third quarter, a total of 56 of the hedge funds tracked by Insider Monkey were long this stock, a change of 17% from the previous quarter. With hedgies’ positions undergoing their usual ebb and flow, there exists a select group of noteworthy hedge fund managers who were boosting their holdings considerably (or already accumulated large positions).

When looking at the institutional investors followed by Insider Monkey, D. E. Shaw’s D E Shaw has the most valuable position in Valero Energy Corporation (NYSE:VLO), worth close to $496.3 million, comprising 0.7% of its total 13F portfolio. Coming in second is AQR Capital Management, managed by Cliff Asness, which holds a $398.4 million position; the fund has 0.8% of its 13F portfolio invested in the stock. Some other hedge funds and institutional investors that are bullish include Robert Joseph Caruso’s Select Equity Group, David Harding’s Winton Capital Management and Clint Carlson’s Carlson Capital.

Page 1 of 2

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!