Westlake Corp
239 hedge funds and large institutions have $3.08B invested in Westlake Corp in 2021 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 86 increasing their positions, 69 reducing their positions, and 27 closing their positions.
63% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 27
25% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 69
13% more capital invested
Capital invested by funds: $2.74B → $3.08B (+$347M)
12% more call options, than puts
Call options by funds: $6.53M | Put options by funds: $5.85M
7% more funds holding
Funds holding: 224 → 239 (+15)
0.9% more ownership
Funds ownership: 26.29% → 27.19% (+0.9%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$150M |
| 2 |
Millennium Management
New York
|
+$122M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$39M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$34.2M |
| 5 |
MWNA
Marshall Wace North America
New York
|
+$28.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$253M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$187M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$17.9M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$11M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$10.5M |
WLK Hedge Fund Activity: Q1 2021 in Review
239 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Westlake Corp (WLK) for Q1 2021, worth a combined $3.08B — up 13% from $2.74B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new WLK positions and 27 closed out — a net gain of 17 holders — while 86 added to existing stakes and 69 trimmed.
The largest buyer was Assenagon Asset Management, opening a new position worth an estimated $150M. The largest seller was Capital World Investors, cutting an estimated $253M.
- 239 institutional investors held Westlake Corp (WLK) as of Q1 2021, up from 224 in Q4 2020.
- Funds reported $3.08B of Westlake Corp stock for Q1 2021, up 13% quarter-over-quarter.
- 44 funds opened new Westlake Corp positions in Q1 2021 and 27 closed out, a net change of +17 holders.
- The largest Westlake Corp buyer in Q1 2021 was Assenagon Asset Management, an estimated $150M added.
- The largest Westlake Corp seller in Q1 2021 was Capital World Investors, an estimated $253M sold.
Based on aggregated 13F filings for Q1 2021.