Westlake Corp
328 hedge funds and large institutions have $4.29B invested in Westlake Corp in 2018 Q2 according to their latest regulatory filings, with 70 funds opening new positions, 121 increasing their positions, 98 reducing their positions, and 55 closing their positions.
27% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 55
23% more repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 98
3% more funds holding
Funds holding: 318 → 328 (+10)
0.71% more ownership
Funds ownership: 30.14% → 30.86% (+0.71%)
1% less capital invested
Capital invested by funds: $4.33B → $4.29B (-$45.8M)
10% less call options, than puts
Call options by funds: $17.7M | Put options by funds: $19.6M
57% less funds holding in top 10
Funds holding in top 10: 7 → 3 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$145M |
| 2 |
BlackRock
New York
|
+$44.7M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$33.3M |
| 4 |
State Street
Boston,
Massachusetts
|
+$26.8M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$22.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LM
Luminus Management
Houston,
Texas
|
-$48.5M |
| 2 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$40M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$38.6M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$29.8M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$28.3M |
WLK Hedge Fund Activity: Q2 2018 in Review
328 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Westlake Corp (WLK) for Q2 2018, worth a combined $4.29B — down 1.1% from $4.33B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new WLK positions and 55 closed out — a net gain of 15 holders — while 121 added to existing stakes and 98 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $145M. The largest seller was Luminus Management, exiting entirely with an estimated $48.5M sold.
- 328 institutional investors held Westlake Corp (WLK) as of Q2 2018, up from 318 in Q1 2018.
- Funds reported $4.29B of Westlake Corp stock for Q2 2018, down 1.1% quarter-over-quarter.
- 70 funds opened new Westlake Corp positions in Q2 2018 and 55 closed out, a net change of +15 holders.
- The largest Westlake Corp buyer in Q2 2018 was Fidelity Investments, an estimated $145M added.
- The largest Westlake Corp seller in Q2 2018 was Luminus Management, an estimated $48.5M sold.
Based on aggregated 13F filings for Q2 2018.