Westlake Corp
231 hedge funds and large institutions have $2.38B invested in Westlake Corp in 2013 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 86 increasing their positions, 82 reducing their positions, and 29 closing their positions.
48% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 29
14% more capital invested
Capital invested by funds: $2.09B → $2.38B (+$296M)
5% more funds holding
Funds holding: 219 → 231 (+12)
5% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 82
10% less call options, than puts
Call options by funds: $6.85M | Put options by funds: $7.6M
1.34% less ownership
Funds ownership: 59.69% → 58.34% (-1.3%)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$37.2M |
| 2 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
+$36.8M |
| 3 |
D.E. Shaw & Co
New York
|
+$28M |
| 4 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
+$24.8M |
| 5 |
OAM
Origin Asset Management
London,
United Kingdom
|
+$18.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VBCP
Vollero Beach Capital Partners
New York
|
-$46.9M |
| 2 |
PC
PointState Capital
New York
|
-$41.3M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$36.3M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
-$26.5M |
| 5 |
MP
MSD Partners
New York
|
-$25.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SGI
251
SAC Global Investors
London,
United Kingdom
| – | -$419K | -8,000 | Closed |
|
252
Credit Agricole
Montrouge Cedex,
France
| – | -$383K | -7,304 | Closed |
|
|
CCIA
253
Campbell & Co Investment Adviser
Baltimore,
Maryland
| – | -$363K | -6,940 | Closed |
|
|
TH
254
Timber Hill
Greenwich,
Connecticut
| – | -$361K | -6,418 | Closed |
|
255
Teacher Retirement System of Texas
Austin,
Texas
| – | -$266K | -5,080 | Closed |
|
256
Walleye Trading
New York
| – | -$273K | -4,852 | Closed |
|
|
CAM
257
Capstone Asset Management
Houston,
Texas
| – | -$206K | -3,942 | Closed |
|
|
ST
258
Spot Trading
Chicago,
Illinois
| – | -$158K | -2,806 | Closed |
|
|
QT
259
Quantbot Technologies
New York
| – | -$125K | -2,400 | Closed |
|
|
TRCT
260
Tower Research Capital (TRC)
New York
| – | -$16K | -302 | Closed |
|
|
CCMH
261
Cornerstone Capital Management Holdings
New York
| – | -$9K | -174 | Closed |
|
WLK Hedge Fund Activity: Q4 2013 in Review
231 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Westlake Corp (WLK) for Q4 2013, worth a combined $2.38B — up 14% from $2.09B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new WLK positions and 29 closed out — a net gain of 14 holders — while 86 added to existing stakes and 82 trimmed.
The largest buyer was AJO LP, adding an estimated $37.2M. The largest seller was Vollero Beach Capital Partners, cutting an estimated $46.9M.
- 231 institutional investors held Westlake Corp (WLK) as of Q4 2013, up from 219 in Q3 2013.
- Funds reported $2.38B of Westlake Corp stock for Q4 2013, up 14% quarter-over-quarter.
- 43 funds opened new Westlake Corp positions in Q4 2013 and 29 closed out, a net change of +14 holders.
- The largest Westlake Corp buyer in Q4 2013 was AJO LP, an estimated $37.2M added.
- The largest Westlake Corp seller in Q4 2013 was Vollero Beach Capital Partners, an estimated $46.9M sold.
Based on aggregated 13F filings for Q4 2013.