Westlake Corp
319 hedge funds and large institutions have $4.33B invested in Westlake Corp in 2018 Q1 according to their latest regulatory filings, with 77 funds opening new positions, 92 increasing their positions, 124 reducing their positions, and 37 closing their positions.
108% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 37
21% more call options, than puts
Call options by funds: $36.1M | Put options by funds: $29.9M
13% more funds holding
Funds holding: 282 → 319 (+37)
4% more capital invested
Capital invested by funds: $4.18B → $4.33B (+$159M)
0.21% less ownership
Funds ownership: 30.36% → 30.14% (-0.21%)
26% less repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 124
36% less funds holding in top 10
Funds holding in top 10: 11 → 7 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$64.2M |
| 2 |
LM
Luminus Management
Houston,
Texas
|
+$42.9M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$41.5M |
| 4 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
+$40M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$31.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$56M |
| 2 |
ABC
Anchor Bolt Capital
Chicago,
Illinois
|
-$51.7M |
| 3 |
JP Morgan Chase
New York
|
-$47.4M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$44.2M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$43.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
351
AssetMark Inc
Concord,
California
| – | -$7K | -61 | Closed |
|
|
SP
352
SWS Partners
Columbus,
Ohio
| – | -$5K | -46 | Closed |
|
|
ASN
353
Advisory Services Network
Atlanta,
Georgia
| – | -$4K | -41 | Closed |
|
|
PMFA
354
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$4K | -36 | Closed |
|
|
TG
355
TLP Group
Evanston,
Illinois
| – | -$3K | -26 | Closed |
|
|
WA
356
Winfield Associates
Cleveland,
Ohio
| – | -$2K | -10 | Closed |
|
WLK Hedge Fund Activity: Q1 2018 in Review
319 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Westlake Corp (WLK) for Q1 2018, worth a combined $4.33B — up 3.8% from $4.18B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new WLK positions and 37 closed out — a net gain of 40 holders — while 92 added to existing stakes and 124 trimmed.
The largest buyer was Bridgeway Capital Management, opening a new position worth an estimated $64.2M. The largest seller was Millennium Management, cutting an estimated $56M.
- 319 institutional investors held Westlake Corp (WLK) as of Q1 2018, up from 282 in Q4 2017.
- Funds reported $4.33B of Westlake Corp stock for Q1 2018, up 3.8% quarter-over-quarter.
- 77 funds opened new Westlake Corp positions in Q1 2018 and 37 closed out, a net change of +40 holders.
- The largest Westlake Corp buyer in Q1 2018 was Bridgeway Capital Management, an estimated $64.2M added.
- The largest Westlake Corp seller in Q1 2018 was Millennium Management, an estimated $56M sold.
Based on aggregated 13F filings for Q1 2018.