Westlake Corp
282 hedge funds and large institutions have $4.18B invested in Westlake Corp in 2017 Q4 according to their latest regulatory filings, with 81 funds opening new positions, 86 increasing their positions, 84 reducing their positions, and 38 closing their positions.
120% more funds holding in top 10
Funds holding in top 10: 5 → 11 (+6)
113% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 38
96% more call options, than puts
Call options by funds: $38.7M | Put options by funds: $19.7M
25% more capital invested
Capital invested by funds: $3.34B → $4.18B (+$835M)
17% more funds holding
Funds holding: 241 → 282 (+41)
2% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 84
0.8% less ownership
Funds ownership: 31.15% → 30.36% (-0.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$270M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$42.5M |
| 3 |
RCAMU
Rothschild & Co Asset Management US
Stamford,
Connecticut
|
+$38M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$30.6M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$26.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCP
Soroban Capital Partners
New York
|
-$116M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$115M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$77.4M |
| 4 |
Millennium Management
New York
|
-$57M |
| 5 |
Citigroup
New York
|
-$55.6M |
WLK Hedge Fund Activity: Q4 2017 in Review
282 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Westlake Corp (WLK) for Q4 2017, worth a combined $4.18B — up 25% from $3.34B a quarter earlier.
Buyers outnumbered sellers: 81 funds opened new WLK positions and 38 closed out — a net gain of 43 holders — while 86 added to existing stakes and 84 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $270M. The largest seller was Soroban Capital Partners, exiting entirely with an estimated $116M sold.
- 282 institutional investors held Westlake Corp (WLK) as of Q4 2017, up from 241 in Q3 2017.
- Funds reported $4.18B of Westlake Corp stock for Q4 2017, up 25% quarter-over-quarter.
- 81 funds opened new Westlake Corp positions in Q4 2017 and 38 closed out, a net change of +43 holders.
- The largest Westlake Corp buyer in Q4 2017 was Fidelity Investments, an estimated $270M added.
- The largest Westlake Corp seller in Q4 2017 was Soroban Capital Partners, an estimated $116M sold.
Based on aggregated 13F filings for Q4 2017.