Westlake Corp
269 hedge funds and large institutions have $2.78B invested in Westlake Corp in 2019 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 94 increasing their positions, 96 reducing their positions, and 69 closing their positions.
12% more capital invested
Capital invested by funds: $2.49B → $2.78B (+$289M)
2.5% more ownership
Funds ownership: 28.64% → 31.14% (+2.5%)
9% more call options, than puts
Call options by funds: $36.7M | Put options by funds: $33.6M
2% less repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 96
12% less funds holding
Funds holding: 305 → 269 (-36)
49% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 69
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$143M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$129M |
| 3 |
MC
Maverick Capital
Dallas,
Texas
|
+$85.1M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
+$61.5M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
+$41.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Holocene Advisors
New York
|
-$59M |
| 2 |
Millennium Management
New York
|
-$38.6M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$38.2M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$32.4M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$29.8M |
WLK Hedge Fund Activity: Q2 2019 in Review
269 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Westlake Corp (WLK) for Q2 2019, worth a combined $2.78B — up 12% from $2.49B a quarter earlier.
Sellers outnumbered buyers: 69 funds closed out of WLK and 35 opened new positions — a net loss of 34 holders — while 96 trimmed existing stakes and 94 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $143M. The largest seller was Holocene Advisors, exiting entirely with an estimated $59M sold.
- 269 institutional investors held Westlake Corp (WLK) as of Q2 2019, down from 305 in Q1 2019.
- Funds reported $2.78B of Westlake Corp stock for Q2 2019, up 12% quarter-over-quarter.
- 35 funds opened new Westlake Corp positions in Q2 2019 and 69 closed out, a net change of -34 holders.
- The largest Westlake Corp buyer in Q2 2019 was T. Rowe Price Associates, an estimated $143M added.
- The largest Westlake Corp seller in Q2 2019 was Holocene Advisors, an estimated $59M sold.
Based on aggregated 13F filings for Q2 2019.