Westlake Corp
246 hedge funds and large institutions have $2.6B invested in Westlake Corp in 2019 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 63 increasing their positions, 103 reducing their positions, and 45 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
25% more call options, than puts
Call options by funds: $33.2M | Put options by funds: $26.6M
0.22% less ownership
Funds ownership: 31.14% → 30.91% (-0.22%)
7% less capital invested
Capital invested by funds: $2.78B → $2.6B (-$182M)
9% less funds holding
Funds holding: 269 → 246 (-23)
39% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 103
49% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 45
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Maverick Capital
Dallas,
Texas
|
+$128M |
| 2 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$40.1M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$39.1M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$31.5M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$111M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$40M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$27.8M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$16.4M |
| 5 |
SI
Scout Investments
Kansas City,
Missouri
|
-$13.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FWM
276
Focused Wealth Management
Newburgh,
New York
| – | -$122K | -1,750 | Closed |
|
277
Walleye Capital
New York
| – | -$99K | -1,430 | Closed |
|
|
RCM
278
Riverhead Capital Management
Wilmington,
Delaware
| – | -$82K | -1,180 | Closed |
|
|
PCM
279
Penserra Capital Management
Orinda,
California
| – | -$31K | -450 | Closed |
|
|
NIT
280
NumerixS Investment Technologies
Vancouver,
British Columbia, Canada
| – | -$28K | -400 | Closed |
|
|
HNB
281
Huntington National Bank
Columbus,
Ohio
| – | -$25K | -353 | Closed |
|
|
ACS
282
Archford Capital Strategies
Swansea,
Illinois
| – | -$9K | -124 | Closed |
|
|
PCP
283
Proficio Capital Partners
Newton,
Massachusetts
| – | -$8K | -108 | Closed |
|
|
MCM
284
MV Capital Management
Bethesda,
Maryland
| – | -$2K | -35 | Closed |
|
|
TCA
285
Tortoise Capital Advisors
Overland Park,
Kansas
| – | -$1K | -21 | Closed |
|
|
BCA
286
Berman Capital Advisors
Atlanta,
Georgia
| – | -$966 | -15 | Closed |
|
|
W
287
WealthStone
Columbus,
Ohio
| – | -$625 | -9 | Closed |
|
|
BCWM
288
Bartlett & Co Wealth Management
Cincinnati,
Ohio
| – | -$208 | -3 | Closed |
|
WLK Hedge Fund Activity: Q3 2019 in Review
246 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Westlake Corp (WLK) for Q3 2019, worth a combined $2.6B — down 6.6% from $2.78B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of WLK and 23 opened new positions — a net loss of 22 holders — while 103 trimmed existing stakes and 63 added.
The largest buyer was Maverick Capital, adding an estimated $128M. The largest seller was Fidelity Investments, cutting an estimated $111M.
- 246 institutional investors held Westlake Corp (WLK) as of Q3 2019, down from 269 in Q2 2019.
- Funds reported $2.6B of Westlake Corp stock for Q3 2019, down 6.6% quarter-over-quarter.
- 23 funds opened new Westlake Corp positions in Q3 2019 and 45 closed out, a net change of -22 holders.
- The largest Westlake Corp buyer in Q3 2019 was Maverick Capital, an estimated $128M added.
- The largest Westlake Corp seller in Q3 2019 was Fidelity Investments, an estimated $111M sold.
Based on aggregated 13F filings for Q3 2019.