Westmoreland Coal Company
WLB
WLB was delisted on the 24th of April, 2018.
73 hedge funds and large institutions have $100M invested in Westmoreland Coal Company in 2016 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 25 increasing their positions, 18 reducing their positions, and 19 closing their positions.
204% more call options, than puts
Call options by funds: $4.37M | Put options by funds: $1.44M
39% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 18
16% more capital invested
Capital invested by funds: $86.4M → $100M (+$13.7M)
8% less funds holding
Funds holding: 79 → 73 (-6)
32% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 19
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.61M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.4M |
| 3 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$1.17M |
| 4 |
Millennium Management
New York
|
+$971K |
| 5 |
D.E. Shaw & Co
New York
|
+$852K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WC
Wynnefield Capital
New York
|
-$3.01M |
| 2 |
DKCM
Davidson Kempner Capital Management
New York
|
-$2.83M |
| 3 |
DC
Davenport & Co
Richmond,
Virginia
|
-$2.53M |
| 4 |
ACM
Axar Capital Management
New York
|
-$1.65M |
| 5 |
Renaissance Technologies
New York
|
-$1.42M |
WLB Hedge Fund Activity: Q1 2016 in Review
73 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Westmoreland Coal Company (WLB) for Q1 2016, worth a combined $100M — up 16% from $86.4M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of WLB and 13 opened new positions — a net loss of 6 holders — while 18 trimmed existing stakes and 25 added.
The largest buyer was Vanguard Group, adding an estimated $1.61M. The largest seller was Wynnefield Capital, cutting an estimated $3.01M.
- 73 institutional investors held Westmoreland Coal Company (WLB) as of Q1 2016, down from 79 in Q4 2015.
- Funds reported $100M of Westmoreland Coal Company stock for Q1 2016, up 16% quarter-over-quarter.
- 13 funds opened new Westmoreland Coal Company positions in Q1 2016 and 19 closed out, a net change of -6 holders.
- The largest Westmoreland Coal Company buyer in Q1 2016 was Vanguard Group, an estimated $1.61M added.
- The largest Westmoreland Coal Company seller in Q1 2016 was Wynnefield Capital, an estimated $3.01M sold.
Based on aggregated 13F filings for Q1 2016.