Westlake Corp
241 hedge funds and large institutions have $3.34B invested in Westlake Corp in 2017 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 74 increasing their positions, 74 reducing their positions, and 26 closing their positions.
104% more call options, than puts
Call options by funds: $28.8M | Put options by funds: $14.1M
96% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 26
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
21% more capital invested
Capital invested by funds: $2.77B → $3.34B (+$570M)
11% more funds holding
Funds holding: 217 → 241 (+24)
0% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 74
1.29% less ownership
Funds ownership: 32.44% → 31.15% (-1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$69.3M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$49.4M |
| 3 |
Bank of New York Mellon
New York
|
+$47.1M |
| 4 |
PC
PointState Capital
New York
|
+$36.6M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$35.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$110M |
| 2 |
TCIM
TIAA CREF Investment Management
New York
|
-$78.5M |
| 3 |
SCM
Shapiro Capital Management
Atlanta,
Georgia
|
-$63.7M |
| 4 |
SCP
Soroban Capital Partners
New York
|
-$62.5M |
| 5 |
ABC
Anchor Bolt Capital
Chicago,
Illinois
|
-$42.2M |
WLK Hedge Fund Activity: Q3 2017 in Review
241 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Westlake Corp (WLK) for Q3 2017, worth a combined $3.34B — up 21% from $2.77B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new WLK positions and 26 closed out — a net gain of 25 holders — while 74 added to existing stakes and 74 trimmed.
The largest buyer was Millennium Management, adding an estimated $69.3M. The largest seller was Citadel Advisors, cutting an estimated $110M.
- 241 institutional investors held Westlake Corp (WLK) as of Q3 2017, up from 217 in Q2 2017.
- Funds reported $3.34B of Westlake Corp stock for Q3 2017, up 21% quarter-over-quarter.
- 51 funds opened new Westlake Corp positions in Q3 2017 and 26 closed out, a net change of +25 holders.
- The largest Westlake Corp buyer in Q3 2017 was Millennium Management, an estimated $69.3M added.
- The largest Westlake Corp seller in Q3 2017 was Citadel Advisors, an estimated $110M sold.
Based on aggregated 13F filings for Q3 2017.