Westlake Corp
221 hedge funds and large institutions have $2.62B invested in Westlake Corp in 2017 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 65 increasing their positions, 86 reducing their positions, and 30 closing their positions.
20% more capital invested
Capital invested by funds: $2.18B → $2.62B (+$445M)
17% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 30
0.63% more ownership
Funds ownership: 30.16% → 30.79% (+0.63%)
1% less funds holding
Funds holding: 224 → 221 (-3)
24% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 86
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
51% less call options, than puts
Call options by funds: $7.17M | Put options by funds: $14.7M
Top Buyers
| 1 |
Citadel Advisors
Miami,
Florida
|
+$114M |
| 2 |
BlackRock
New York
|
+$107M |
| 3 |
TCIM
TIAA CREF Investment Management
New York
|
+$59.1M |
| 4 |
TPCM
Tide Point Capital Management
Old Greenwich,
Connecticut
|
+$52.8M |
| 5 |
Millennium Management
New York
|
+$49.3M |
Top Sellers
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$103M |
| 2 |
PC
PointState Capital
New York
|
-$46.1M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$41.3M |
| 4 |
SCM
Shapiro Capital Management
Atlanta,
Georgia
|
-$35.5M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$32.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
251
EARNEST Partners
Atlanta,
Georgia
| – | -$3K | -45 | Closed |
|
WLK Hedge Fund Activity: Q1 2017 in Review
221 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Westlake Corp (WLK) for Q1 2017, worth a combined $2.62B — up 20% from $2.18B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new WLK positions and 30 closed out — a net gain of 5 holders — while 65 added to existing stakes and 86 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $114M. The largest seller was Balyasny Asset Management, cutting an estimated $103M.
- 221 institutional investors held Westlake Corp (WLK) as of Q1 2017, down from 224 in Q4 2016.
- Funds reported $2.62B of Westlake Corp stock for Q1 2017, up 20% quarter-over-quarter.
- 35 funds opened new Westlake Corp positions in Q1 2017 and 30 closed out, a net change of +5 holders.
- The largest Westlake Corp buyer in Q1 2017 was Citadel Advisors, an estimated $114M added.
- The largest Westlake Corp seller in Q1 2017 was Balyasny Asset Management, an estimated $103M sold.
Based on aggregated 13F filings for Q1 2017.