Western Midstream Partners
WES
166 hedge funds and large institutions have $1.2B invested in Western Midstream Partners in 2020 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 49 increasing their positions, 64 reducing their positions, and 18 closing their positions.
6% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 18
1.15% less ownership
Funds ownership: 34.88% → 33.74% (-1.1%)
1% less funds holding
Funds holding: 168 → 166 (-2)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
23% less capital invested
Capital invested by funds: $1.55B → $1.2B (-$351M)
23% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 64
87% less call options, than puts
Call options by funds: $4.31M | Put options by funds: $32M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Salient Capital Advisors
Houston,
Texas
|
+$20.5M |
| 2 |
Blackstone Inc
New York
|
+$18.1M |
| 3 |
Morgan Stanley
New York
|
+$12.2M |
| 4 |
JP Morgan Chase
New York
|
+$7.82M |
| 5 |
Goldman Sachs
New York
|
+$6.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$41M |
| 2 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$15.1M |
| 3 |
Citigroup
New York
|
-$14.6M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$8.86M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$7.23M |
WES Hedge Fund Activity: Q3 2020 in Review
166 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Western Midstream Partners (WES) for Q3 2020, worth a combined $1.2B — down 23% from $1.55B a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of WES and 17 opened new positions — a net loss of 1 holder — while 64 trimmed existing stakes and 49 added.
The largest buyer was Salient Capital Advisors, adding an estimated $20.5M. The largest seller was Tortoise Capital Advisors, cutting an estimated $41M.
- 166 institutional investors held Western Midstream Partners (WES) as of Q3 2020, down from 168 in Q2 2020.
- Funds reported $1.2B of Western Midstream Partners stock for Q3 2020, down 23% quarter-over-quarter.
- 17 funds opened new Western Midstream Partners positions in Q3 2020 and 18 closed out, a net change of -1 holder.
- The largest Western Midstream Partners buyer in Q3 2020 was Salient Capital Advisors, an estimated $20.5M added.
- The largest Western Midstream Partners seller in Q3 2020 was Tortoise Capital Advisors, an estimated $41M sold.
Based on aggregated 13F filings for Q3 2020.