Westlake Corp
311 hedge funds and large institutions have $3.2B invested in Westlake Corp in 2018 Q3 according to their latest regulatory filings, with 55 funds opening new positions, 103 increasing their positions, 115 reducing their positions, and 70 closing their positions.
171% more call options, than puts
Call options by funds: $47.7M | Put options by funds: $17.6M
1.01% less ownership
Funds ownership: 30.75% → 29.73% (-1%)
5% less funds holding
Funds holding: 328 → 311 (-17)
10% less repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 115
21% less first-time investments, than exits
New positions opened: 55 | Existing positions closed: 70
25% less capital invested
Capital invested by funds: $4.29B → $3.2B (-$1.09B)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$108M |
| 2 |
Morgan Stanley
New York
|
+$36.8M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$30.2M |
| 4 |
Renaissance Technologies
New York
|
+$16.7M |
| 5 |
Millennium Management
New York
|
+$16.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$57.8M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
-$42.2M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$42M |
| 4 |
RCAMU
Rothschild & Co Asset Management US
Stamford,
Connecticut
|
-$27.3M |
| 5 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$24.3M |
WLK Hedge Fund Activity: Q3 2018 in Review
311 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Westlake Corp (WLK) for Q3 2018, worth a combined $3.2B — down 25% from $4.29B a quarter earlier.
Sellers outnumbered buyers: 70 funds closed out of WLK and 55 opened new positions — a net loss of 15 holders — while 115 trimmed existing stakes and 103 added.
The largest buyer was Fidelity Investments, adding an estimated $108M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $57.8M sold.
- 311 institutional investors held Westlake Corp (WLK) as of Q3 2018, down from 328 in Q2 2018.
- Funds reported $3.2B of Westlake Corp stock for Q3 2018, down 25% quarter-over-quarter.
- 55 funds opened new Westlake Corp positions in Q3 2018 and 70 closed out, a net change of -15 holders.
- The largest Westlake Corp buyer in Q3 2018 was Fidelity Investments, an estimated $108M added.
- The largest Westlake Corp seller in Q3 2018 was Arrowstreet Capital, an estimated $57.8M sold.
Based on aggregated 13F filings for Q3 2018.