Westlake Corp
274 hedge funds and large institutions have $1.78B invested in Westlake Corp in 2016 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 117 increasing their positions, 74 reducing their positions, and 44 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
58% more repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 74
11% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 44
2.85% more ownership
Funds ownership: 27.41% → 30.26% (+2.8%)
1% more funds holding
Funds holding: 272 → 274 (+2)
4% less call options, than puts
Call options by funds: $7.96M | Put options by funds: $8.3M
9% less capital invested
Capital invested by funds: $1.95B → $1.78B (-$169M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$59.5M |
| 2 |
Goldman Sachs
New York
|
+$50.2M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$43.9M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$36.7M |
| 5 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$22.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
-$128M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$65.8M |
| 3 |
D.E. Shaw & Co
New York
|
-$46.5M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$20.8M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
-$20.5M |
WLK Hedge Fund Activity: Q1 2016 in Review
274 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Westlake Corp (WLK) for Q1 2016, worth a combined $1.78B — down 8.7% from $1.95B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new WLK positions and 44 closed out — a net gain of 5 holders — while 117 added to existing stakes and 74 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $59.5M. The largest seller was Select Equity Group, exiting entirely with an estimated $128M sold.
- 274 institutional investors held Westlake Corp (WLK) as of Q1 2016, up from 272 in Q4 2015.
- Funds reported $1.78B of Westlake Corp stock for Q1 2016, down 8.7% quarter-over-quarter.
- 49 funds opened new Westlake Corp positions in Q1 2016 and 44 closed out, a net change of +5 holders.
- The largest Westlake Corp buyer in Q1 2016 was AllianceBernstein, an estimated $59.5M added.
- The largest Westlake Corp seller in Q1 2016 was Select Equity Group, an estimated $128M sold.
Based on aggregated 13F filings for Q1 2016.