Westlake Corp
222 hedge funds and large institutions have $2.02B invested in Westlake Corp in 2016 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 69 increasing their positions, 93 reducing their positions, and 43 closing their positions.
147% more call options, than puts
Call options by funds: $17.8M | Put options by funds: $7.21M
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
18% more capital invested
Capital invested by funds: $1.71B → $2.02B (+$316M)
0.9% less ownership
Funds ownership: 30.58% → 29.68% (-0.9%)
7% less funds holding
Funds holding: 238 → 222 (-16)
26% less repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 93
28% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$99.9M |
| 2 |
SCP
Soroban Capital Partners
New York
|
+$97.6M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$45.9M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
+$41M |
| 5 |
TA
Teachers Advisors
New York
|
+$26.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$49.6M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
-$48.7M |
| 3 |
GTP
Global Thematic Partners
New York
|
-$42.6M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$42.5M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$28.9M |
WLK Hedge Fund Activity: Q3 2016 in Review
222 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Westlake Corp (WLK) for Q3 2016, worth a combined $2.02B — up 18% from $1.71B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of WLK and 31 opened new positions — a net loss of 12 holders — while 93 trimmed existing stakes and 69 added.
The largest buyer was Balyasny Asset Management, opening a new position worth an estimated $99.9M. The largest seller was Citadel Advisors, cutting an estimated $49.6M.
- 222 institutional investors held Westlake Corp (WLK) as of Q3 2016, down from 238 in Q2 2016.
- Funds reported $2.02B of Westlake Corp stock for Q3 2016, up 18% quarter-over-quarter.
- 31 funds opened new Westlake Corp positions in Q3 2016 and 43 closed out, a net change of -12 holders.
- The largest Westlake Corp buyer in Q3 2016 was Balyasny Asset Management, an estimated $99.9M added.
- The largest Westlake Corp seller in Q3 2016 was Citadel Advisors, an estimated $49.6M sold.
Based on aggregated 13F filings for Q3 2016.