Westlake Corp
340 hedge funds and large institutions have $4.4B invested in Westlake Corp in 2023 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 108 increasing their positions, 123 reducing their positions, and 43 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 3 → 6 (+3)
24% more capital invested
Capital invested by funds: $3.55B → $4.4B (+$846M)
14% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 43
1.57% more ownership
Funds ownership: 28.51% → 30.09% (+1.6%)
1% less funds holding
Funds holding: 342 → 340 (-2)
12% less repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 123
18% less call options, than puts
Call options by funds: $9.44M | Put options by funds: $11.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$101M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$72.7M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$57.9M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$56.9M |
| 5 |
ProShare Advisors
Bethesda,
Maryland
|
+$34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCP
Soroban Capital Partners
New York
|
-$77.2M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$41M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$27.5M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$15.7M |
| 5 |
Verition Fund Management
Greenwich,
Connecticut
|
-$15.5M |
WLK Hedge Fund Activity: Q1 2023 in Review
340 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Westlake Corp (WLK) for Q1 2023, worth a combined $4.4B — up 24% from $3.55B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new WLK positions and 43 closed out — a net gain of 6 holders — while 108 added to existing stakes and 123 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $101M. The largest seller was Soroban Capital Partners, cutting an estimated $77.2M.
- 340 institutional investors held Westlake Corp (WLK) as of Q1 2023, down from 342 in Q4 2022.
- Funds reported $4.4B of Westlake Corp stock for Q1 2023, up 24% quarter-over-quarter.
- 49 funds opened new Westlake Corp positions in Q1 2023 and 43 closed out, a net change of +6 holders.
- The largest Westlake Corp buyer in Q1 2023 was Citadel Advisors, an estimated $101M added.
- The largest Westlake Corp seller in Q1 2023 was Soroban Capital Partners, an estimated $77.2M sold.
Based on aggregated 13F filings for Q1 2023.