Westlake Corp
286 hedge funds and large institutions have $3.3B invested in Westlake Corp in 2014 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 90 increasing their positions, 115 reducing their positions, and 30 closing their positions.
57% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 30
6% more funds holding
Funds holding: 270 → 286 (+16)
4% more call options, than puts
Call options by funds: $17.1M | Put options by funds: $16.5M
1% more capital invested
Capital invested by funds: $3.27B → $3.3B (+$33.4M)
0.67% less ownership
Funds ownership: 29.25% → 28.58% (-0.67%)
22% less repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 115
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$217M |
| 2 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
+$34.3M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$24.8M |
| 4 |
Select Equity Group
New York
|
+$24.1M |
| 5 |
EAM
EverPoint Asset Management
Stamford,
Connecticut
|
+$13.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$54.5M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
-$44M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$39.2M |
| 4 |
AC
Allstate Corporation
Northbrook,
Illinois
|
-$35.4M |
| 5 |
D.E. Shaw & Co
New York
|
-$32.6M |
WLK Hedge Fund Activity: Q3 2014 in Review
286 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Westlake Corp (WLK) for Q3 2014, worth a combined $3.3B — up 1% from $3.27B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new WLK positions and 30 closed out — a net gain of 17 holders — while 90 added to existing stakes and 115 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $217M. The largest seller was Royce & Associates, cutting an estimated $54.5M.
- 286 institutional investors held Westlake Corp (WLK) as of Q3 2014, up from 270 in Q2 2014.
- Funds reported $3.3B of Westlake Corp stock for Q3 2014, up 1% quarter-over-quarter.
- 47 funds opened new Westlake Corp positions in Q3 2014 and 30 closed out, a net change of +17 holders.
- The largest Westlake Corp buyer in Q3 2014 was Fidelity Investments, an estimated $217M added.
- The largest Westlake Corp seller in Q3 2014 was Royce & Associates, an estimated $54.5M sold.
Based on aggregated 13F filings for Q3 2014.