Westlake Corp
WLK
249 hedge funds and large institutions have $2.64B invested in Westlake Corp in 2019 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 72 increasing their positions, 94 reducing their positions, and 29 closing their positions.
34% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 29
23% more call options, than puts
Call options by funds: $30.6M | Put options by funds: $24.8M
1% more funds holding
Funds holding: 246 → 249 (+3)
2% more capital invested
Capital invested by funds: $2.6B → $2.64B (+$46.6M)
1.43% less ownership
Funds ownership: 30.91% → 29.49% (-1.4%)
23% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 94
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$56.1M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$50.3M |
| 3 |
Millennium Management
New York
|
+$32.1M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$18.1M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$12.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$158M |
| 2 |
MC
Maverick Capital
Dallas,
Texas
|
-$63.8M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$19.7M |
| 4 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$17.5M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$11.7M |
WLK Hedge Fund Activity: Q4 2019 in Review
249 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Westlake Corp (WLK) for Q4 2019, worth a combined $2.64B — up 1.8% from $2.6B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new WLK positions and 29 closed out — a net gain of 10 holders — while 72 added to existing stakes and 94 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $56.1M. The largest seller was Fidelity Investments, cutting an estimated $158M.
- 249 institutional investors held Westlake Corp (WLK) as of Q4 2019, up from 246 in Q3 2019.
- Funds reported $2.64B of Westlake Corp stock for Q4 2019, up 1.8% quarter-over-quarter.
- 39 funds opened new Westlake Corp positions in Q4 2019 and 29 closed out, a net change of +10 holders.
- The largest Westlake Corp buyer in Q4 2019 was Victory Capital Management, an estimated $56.1M added.
- The largest Westlake Corp seller in Q4 2019 was Fidelity Investments, an estimated $158M sold.
Based on aggregated 13F filings for Q4 2019.