Westlake Corp
270 hedge funds and large institutions have $3.27B invested in Westlake Corp in 2014 Q2 according to their latest regulatory filings, with 63 funds opening new positions, 93 increasing their positions, 92 reducing their positions, and 38 closing their positions.
250% more funds holding in top 10
Funds holding in top 10: 2 → 7 (+5)
66% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 38
29% more capital invested
Capital invested by funds: $2.54B → $3.27B (+$729M)
10% more funds holding
Funds holding: 245 → 270 (+25)
4% more call options, than puts
Call options by funds: $23.3M | Put options by funds: $22.4M
1% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 92
0.45% more ownership
Funds ownership: 28.8% → 29.25% (+0.45%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$171M |
| 2 |
TEC
Tiger Eye Capital
Nashville,
Tennessee
|
+$29.6M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$24.7M |
| 4 |
State Street
Boston,
Massachusetts
|
+$17.8M |
| 5 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$11.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$44.2M |
| 2 |
Millennium Management
New York
|
-$41M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$30.6M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
-$18.3M |
| 5 |
Select Equity Group
New York
|
-$18M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
301
Comerica Bank
Dallas,
Texas
| – | -$278K | -4,205 | Closed |
|
|
QT
302
Quantbot Technologies
New York
| – | -$271K | -4,104 | Closed |
|
|
AB
303
Amalgamated Bank
New York
| – | -$270K | -4,083 | Closed |
|
|
FCBT
304
First Citizens Bank & Trust
Raleigh,
North Carolina
| – | -$223K | -3,366 | Closed |
|
|
CMBA
305
C.M. Bidwell & Associates
Honolulu,
Hawaii
| – | -$149K | -2,245 | Closed |
|
|
CCMH
306
Cornerstone Capital Management Holdings
New York
| – | -$79K | -1,200 | Closed |
|
|
BBHC
307
Brown Brothers Harriman & Co
New York
| – | -$19K | -280 | Closed |
|
308
Creative Planning
Overland Park,
Kansas
| – | -$13K | -200 | Closed |
|
WLK Hedge Fund Activity: Q2 2014 in Review
270 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Westlake Corp (WLK) for Q2 2014, worth a combined $3.27B — up 29% from $2.54B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new WLK positions and 38 closed out — a net gain of 25 holders — while 93 added to existing stakes and 92 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $171M. The largest seller was Royce & Associates, cutting an estimated $44.2M.
- 270 institutional investors held Westlake Corp (WLK) as of Q2 2014, up from 245 in Q1 2014.
- Funds reported $3.27B of Westlake Corp stock for Q2 2014, up 29% quarter-over-quarter.
- 63 funds opened new Westlake Corp positions in Q2 2014 and 38 closed out, a net change of +25 holders.
- The largest Westlake Corp buyer in Q2 2014 was Fidelity Investments, an estimated $171M added.
- The largest Westlake Corp seller in Q2 2014 was Royce & Associates, an estimated $44.2M sold.
Based on aggregated 13F filings for Q2 2014.