Western Midstream Partners
WES
61 hedge funds and large institutions have $645M invested in Western Midstream Partners in 2013 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 22 increasing their positions, 22 reducing their positions, and 3 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
0% more funds holding
Funds holding: 61 → 61 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
0% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 22
0.85% less ownership
Funds ownership: 16.23% → 15.38% (-0.85%)
13% less capital invested
Capital invested by funds: $743M → $645M (-$97.7M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $2.63M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$10.1M |
| 2 |
SCA
Salient Capital Advisors
Houston,
Texas
|
+$8.2M |
| 3 |
CCM
Chickasaw Capital Management
Memphis,
Tennessee
|
+$6.94M |
| 4 |
AR
Advisory Research
Chicago,
Illinois
|
+$4.21M |
| 5 |
TAM
TPH Asset Management
Houston,
Texas
|
+$3.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
-$31.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$22.6M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$9.57M |
| 4 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$4.06M |
| 5 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$3.08M |
WES Hedge Fund Activity: Q3 2013 in Review
61 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Western Midstream Partners (WES) for Q3 2013, worth a combined $645M — down 13% from $743M a quarter earlier.
Fund positioning in WES was balanced in Q3 2013: 3 funds opened new positions, 3 closed out, 22 added to existing stakes and 22 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $10.1M. The largest seller was Commerzbank Aktiengesellschaft, cutting an estimated $31.2M.
- 61 institutional investors held Western Midstream Partners (WES) as of Q3 2013, unchanged from Q2 2013.
- Funds reported $645M of Western Midstream Partners stock for Q3 2013, down 13% quarter-over-quarter.
- 3 funds opened new Western Midstream Partners positions in Q3 2013 and 3 closed out, a net change of 0 holders.
- The largest Western Midstream Partners buyer in Q3 2013 was Morgan Stanley, an estimated $10.1M added.
- The largest Western Midstream Partners seller in Q3 2013 was Commerzbank Aktiengesellschaft, an estimated $31.2M sold.
Based on aggregated 13F filings for Q3 2013.