Westlake Corp
245 hedge funds and large institutions have $2.54B invested in Westlake Corp in 2014 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 88 increasing their positions, 91 reducing their positions, and 27 closing their positions.
63% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 27
7% more capital invested
Capital invested by funds: $2.38B → $2.54B (+$165M)
6% more funds holding
Funds holding: 231 → 245 (+14)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 91
29.53% less ownership
Funds ownership: 58.33% → 28.8% (-30%)
50% less call options, than puts
Call options by funds: $9.2M | Put options by funds: $18.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
+$108M |
| 2 |
CCI
Columbus Circle Investors
|
+$22.8M |
| 3 |
Millennium Management
New York
|
+$18M |
| 4 |
AC
Allstate Corporation
Northbrook,
Illinois
|
+$17.1M |
| 5 |
Morgan Stanley
New York
|
+$16.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
-$55.1M |
| 2 |
RA
Royce & Associates
New York
|
-$54.5M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$27.4M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$26.9M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
-$26.7M |
WLK Hedge Fund Activity: Q1 2014 in Review
245 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Westlake Corp (WLK) for Q1 2014, worth a combined $2.54B — up 6.9% from $2.38B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new WLK positions and 27 closed out — a net gain of 17 holders — while 88 added to existing stakes and 91 trimmed.
The largest buyer was Select Equity Group, opening a new position worth an estimated $108M. The largest seller was SAC Capital Advisors, cutting an estimated $55.1M.
- 245 institutional investors held Westlake Corp (WLK) as of Q1 2014, up from 231 in Q4 2013.
- Funds reported $2.54B of Westlake Corp stock for Q1 2014, up 6.9% quarter-over-quarter.
- 44 funds opened new Westlake Corp positions in Q1 2014 and 27 closed out, a net change of +17 holders.
- The largest Westlake Corp buyer in Q1 2014 was Select Equity Group, an estimated $108M added.
- The largest Westlake Corp seller in Q1 2014 was SAC Capital Advisors, an estimated $55.1M sold.
Based on aggregated 13F filings for Q1 2014.