Westlake Corp
217 hedge funds and large institutions have $2.77B invested in Westlake Corp in 2017 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 70 increasing their positions, 79 reducing their positions, and 30 closing their positions.
6% more capital invested
Capital invested by funds: $2.62B → $2.77B (+$149M)
1.66% more ownership
Funds ownership: 30.79% → 32.44% (+1.7%)
8% less call options, than puts
Call options by funds: $10.3M | Put options by funds: $11.3M
2% less funds holding
Funds holding: 221 → 217 (-4)
10% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 30
11% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 79
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
+$86.7M |
| 2 |
ABC
Anchor Bolt Capital
Chicago,
Illinois
|
+$62.8M |
| 3 |
Citigroup
New York
|
+$36.4M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$31.1M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$29.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$24.1M |
| 2 |
MCM
Moore Capital Management
New York
|
-$21.1M |
| 3 |
CHP
Castle Hook Partners
New York
|
-$16.4M |
| 4 |
TPCM
Tide Point Capital Management
Old Greenwich,
Connecticut
|
-$15M |
| 5 |
CANY
Caxton Associates (New York)
New York
|
-$13.9M |
WLK Hedge Fund Activity: Q2 2017 in Review
217 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Westlake Corp (WLK) for Q2 2017, worth a combined $2.77B — up 5.7% from $2.62B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of WLK and 27 opened new positions — a net loss of 3 holders — while 79 trimmed existing stakes and 70 added.
The largest buyer was Janus Henderson Group, opening a new position worth an estimated $86.7M. The largest seller was Millennium Management, cutting an estimated $24.1M.
- 217 institutional investors held Westlake Corp (WLK) as of Q2 2017, down from 221 in Q1 2017.
- Funds reported $2.77B of Westlake Corp stock for Q2 2017, up 5.7% quarter-over-quarter.
- 27 funds opened new Westlake Corp positions in Q2 2017 and 30 closed out, a net change of -3 holders.
- The largest Westlake Corp buyer in Q2 2017 was Janus Henderson Group, an estimated $86.7M added.
- The largest Westlake Corp seller in Q2 2017 was Millennium Management, an estimated $24.1M sold.
Based on aggregated 13F filings for Q2 2017.