Westlake Chemical Partners
WLKP
50 hedge funds and large institutions have $311M invested in Westlake Chemical Partners in 2015 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 21 increasing their positions, 17 reducing their positions, and 8 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 17
1.69% less ownership
Funds ownership: 82.17% → 80.48% (-1.7%)
4% less funds holding
Funds holding: 52 → 50 (-2)
9% less capital invested
Capital invested by funds: $343M → $311M (-$32.3M)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $306K
Top Buyers
| 1 |
IG
ING Group
Amsterdam,
Netherlands
|
+$5.74M |
| 2 |
EIP
Energy Income Partners
Westport,
Connecticut
|
+$4.03M |
| 3 |
Morgan Stanley
New York
|
+$3.77M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$3.57M |
| 5 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$1.89M |
Top Sellers
| 1 |
ClearBridge Investments
New York
|
-$6.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$4.7M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$4.21M |
| 4 |
Cohen & Steers
New York
|
-$4.09M |
| 5 |
Citigroup
New York
|
-$3.57M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $23 | – | – | – |
|
|
52
Cohen & Steers
New York
| – | -$4.09M | -140,884 | Closed |
|
|
MSA
53
Mason Street Advisors
Milwaukee,
Wisconsin
| – | -$2.9M | -100,000 | Closed |
|
|
CM
54
Castleark Management
Chicago,
Illinois
| – | -$2.75M | -94,950 | Closed |
|
|
HHAM
55
HITE Hedge Asset Management
Braintree,
Massachusetts
| – | -$2.22M | -76,501 | Closed |
|
|
MLICM
56
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$1.94M | -67,000 | Closed |
|
57
Invesco
Atlanta,
Georgia
| – | -$1.03M | -35,664 | Closed |
|
58
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$875K | -30,177 | Closed |
|
|
PG
59
PEAK6 Group
Chicago,
Illinois
| – | -$397K | -13,676 | Closed |
|
WLKP Hedge Fund Activity: Q1 2015 in Review
50 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Westlake Chemical Partners (WLKP) for Q1 2015, worth a combined $311M — down 9.4% from $343M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of WLKP and 6 opened new positions — a net loss of 2 holders — while 17 trimmed existing stakes and 21 added.
The largest buyer was ING Group, opening a new position worth an estimated $5.74M. The largest seller was ClearBridge Investments, cutting an estimated $6.9M.
- 50 institutional investors held Westlake Chemical Partners (WLKP) as of Q1 2015, down from 52 in Q4 2014.
- Funds reported $311M of Westlake Chemical Partners stock for Q1 2015, down 9.4% quarter-over-quarter.
- 6 funds opened new Westlake Chemical Partners positions in Q1 2015 and 8 closed out, a net change of -2 holders.
- The largest Westlake Chemical Partners buyer in Q1 2015 was ING Group, an estimated $5.74M added.
- The largest Westlake Chemical Partners seller in Q1 2015 was ClearBridge Investments, an estimated $6.9M sold.
Based on aggregated 13F filings for Q1 2015.