Westmoreland Coal Company
WLB
WLB was delisted on the 24th of April, 2018.
65 hedge funds and large institutions have $11.6M invested in Westmoreland Coal Company in 2017 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 18 increasing their positions, 26 reducing their positions, and 14 closing their positions.
7% less funds holding
Funds holding: 70 → 65 (-5)
31% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 26
36% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 14
56% less call options, than puts
Call options by funds: $154K | Put options by funds: $352K
63% less capital invested
Capital invested by funds: $31.5M → $11.6M (-$19.9M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$516K |
| 2 |
Morgan Stanley
New York
|
+$201K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$165K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
+$140K |
| 5 |
Brown Advisory
Baltimore,
Maryland
|
+$112K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCM
Venor Capital Management
New York
|
-$1.62M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$1.3M |
| 3 |
Renaissance Technologies
New York
|
-$926K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$858K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$704K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$5K | -2,015 | Closed |
|
|
SWP
77
Stratos Wealth Partners
Beachwood,
Ohio
| – | +$344 | +200 | New |
|
|
CG
78
Cutler Group
San Francisco,
California
| – | +$516 | +300 | +120% |
|
WLB Hedge Fund Activity: Q4 2017 in Review
65 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Westmoreland Coal Company (WLB) for Q4 2017, worth a combined $11.6M — down 63% from $31.5M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of WLB and 9 opened new positions — a net loss of 5 holders — while 26 trimmed existing stakes and 18 added.
The largest buyer was Millennium Management, adding an estimated $516K. The largest seller was Venor Capital Management, exiting entirely with an estimated $1.62M sold.
- 65 institutional investors held Westmoreland Coal Company (WLB) as of Q4 2017, down from 70 in Q3 2017.
- Funds reported $11.6M of Westmoreland Coal Company stock for Q4 2017, down 63% quarter-over-quarter.
- 9 funds opened new Westmoreland Coal Company positions in Q4 2017 and 14 closed out, a net change of -5 holders.
- The largest Westmoreland Coal Company buyer in Q4 2017 was Millennium Management, an estimated $516K added.
- The largest Westmoreland Coal Company seller in Q4 2017 was Venor Capital Management, an estimated $1.62M sold.
Based on aggregated 13F filings for Q4 2017.