Westlake Corp
247 hedge funds and large institutions have $2.6B invested in Westlake Corp in 2019 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 64 increasing their positions, 102 reducing their positions, and 45 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
25% more call options, than puts
Call options by funds: $33.2M | Put options by funds: $26.6M
0.22% less ownership
Funds ownership: 31.14% → 30.91% (-0.22%)
7% less capital invested
Capital invested by funds: $2.78B → $2.6B (-$183M)
8% less funds holding
Funds holding: 269 → 247 (-22)
37% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 102
47% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 45
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Maverick Capital
Dallas,
Texas
|
+$128M |
| 2 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$40.1M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$39.1M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$31.5M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$111M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$40M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$27.8M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$16.4M |
| 5 |
SI
Scout Investments
Kansas City,
Missouri
|
-$13.1M |
WLK Hedge Fund Activity: Q3 2019 in Review
247 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Westlake Corp (WLK) for Q3 2019, worth a combined $2.6B — down 6.6% from $2.78B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of WLK and 24 opened new positions — a net loss of 21 holders — while 102 trimmed existing stakes and 64 added.
The largest buyer was Maverick Capital, adding an estimated $128M. The largest seller was Fidelity Investments, cutting an estimated $111M.
- 247 institutional investors held Westlake Corp (WLK) as of Q3 2019, down from 269 in Q2 2019.
- Funds reported $2.6B of Westlake Corp stock for Q3 2019, down 6.6% quarter-over-quarter.
- 24 funds opened new Westlake Corp positions in Q3 2019 and 45 closed out, a net change of -21 holders.
- The largest Westlake Corp buyer in Q3 2019 was Maverick Capital, an estimated $128M added.
- The largest Westlake Corp seller in Q3 2019 was Fidelity Investments, an estimated $111M sold.
Based on aggregated 13F filings for Q3 2019.