Western Midstream Partners
203 hedge funds and large institutions have $3.6B invested in Western Midstream Partners in 2019 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 58 increasing their positions, 82 reducing their positions, and 43 closing their positions.
153% more call options, than puts
Call options by funds: $7.8M | Put options by funds: $3.08M
1.13% less ownership
Funds ownership: 41.47% → 40.35% (-1.1%)
6% less funds holding
Funds holding: 217 → 203 (-14)
23% less capital invested
Capital invested by funds: $4.67B → $3.6B (-$1.07B)
29% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 82
30% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 43
63% less funds holding in top 10
Funds holding in top 10: 8 → 3 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Salient Capital Advisors
Houston,
Texas
|
+$33M |
| 2 |
Morgan Stanley
New York
|
+$31.9M |
| 3 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
+$26.7M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$25.3M |
| 5 |
Neuberger Berman Group
New York
|
+$23.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$63.7M |
| 2 |
Goldman Sachs
New York
|
-$40.4M |
| 3 |
BPSG
Brookfield Public Securities Group
New York
|
-$28.7M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$26.5M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$18.6M |
WES Hedge Fund Activity: Q4 2019 in Review
203 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Western Midstream Partners (WES) for Q4 2019, worth a combined $3.6B — down 23% from $4.67B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of WES and 30 opened new positions — a net loss of 13 holders — while 82 trimmed existing stakes and 58 added.
The largest buyer was Salient Capital Advisors, adding an estimated $33M. The largest seller was Tortoise Capital Advisors, cutting an estimated $63.7M.
- 203 institutional investors held Western Midstream Partners (WES) as of Q4 2019, down from 217 in Q3 2019.
- Funds reported $3.6B of Western Midstream Partners stock for Q4 2019, down 23% quarter-over-quarter.
- 30 funds opened new Western Midstream Partners positions in Q4 2019 and 43 closed out, a net change of -13 holders.
- The largest Western Midstream Partners buyer in Q4 2019 was Salient Capital Advisors, an estimated $33M added.
- The largest Western Midstream Partners seller in Q4 2019 was Tortoise Capital Advisors, an estimated $63.7M sold.
Based on aggregated 13F filings for Q4 2019.