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What smart money is saying about VopakNetherlands flag

VPK.AS · Energy · Oil & Gas Midstream · Market cap $7.02B

1 fund in our archive has pitched Vopak, most recently East72 Dynasty Trust in September 2026.

Company profile

Koninklijke Vopak N.V., an independent tank storage company, stores and handles liquid chemicals, gases, and oil products to the energy and manufacturing markets worldwide. It operates gas, industrial, chemical, and oil terminals and owns and operates facilities consisting of tanks, jetties, truck loading stations, and pipelines. The company also stores and handles chemicals, such as methanol, xylenes, styrene, alpha olefins, and mono-ethylene glycol; gas, including liquefied natural gas, liquid petroleum gas, ethylene, butadiene, and ammonia; oil products consisting of crude oil, fuel oil, diesel, jet fuel, gasoline, and naphtha; and vegoils and biofuels comprising ethanol, biodiesel, and sustainable aviation fuel. In addition, it is involved in the development of infrastructure solutions for hydrogen, ammonia, CO2, battery energy storage, and low-carbon fuels and feedstocks. It serves producers, manufacturers, distributors, governments, and traders. The company was founded in 1616 and is based in Rotterdam, the Netherlands. Koninklijke Vopak N.V. operates as a subsidiary of HAL Trust.

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1
Reported positions
1
Bought
0
Sold
1
Letter

Position history

Every position in Vopak on record in the archive was reported in Q3 2026, across 1 fund letter, with 1 buy (opened or added).

Fund letters reporting a position in Vopak, by quarter
QuarterLettersBoughtSoldTheses
Q3 20261101

Bought and Sold count moves: the same sentence published by several funds of one house in a quarter counts once.

Fund activity · 1 position · 1 move

  • September 2026
    “Before quarter end, we purchased the Dutch listed liquids storage business Vopak to which we already have an indirect exposure through its largest holder, HAL Trust.”
    Vopak

Fund coverage · 1 thesis

  • East72 Dynasty Trust
    September 2026

    Vopak operates 76 liquid storage terminals in 21 countries, a business with about 59% EBITDA margins and monopolistic characteristics that trades near 7.6x 2026 EV/EBITDA, which the manager considers cheap given capital discipline and barriers to building new capacity.

    Read the full thesis

Read every full thesis on Vopak

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