Westlake Chemical Partners
WLKP
44 hedge funds and large institutions have $255M invested in Westlake Chemical Partners in 2015 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 11 reducing their positions, and 13 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 11
1.07% more ownership
Funds ownership: 80.48% → 81.55% (+1.1%)
12% less funds holding
Funds holding: 50 → 44 (-6)
18% less capital invested
Capital invested by funds: $311M → $255M (-$55.9M)
36% less call options, than puts
Call options by funds: $322K | Put options by funds: $500K
38% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 13
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GACM
51
Green Arrow Capital Management
New York
| – | -$3.97M | -148,030 | Closed |
|
52
Renaissance Technologies
New York
| – | -$1.54M | -57,300 | Closed |
|
|
SAM
53
Scopus Asset Management
New York
| – | -$1.39M | -51,800 | Closed |
|
|
FM
54
Family Management
New York
| – | -$1.38M | -51,425 | Closed |
|
55
Jennison Associates
New York
| – | -$998K | -37,194 | Closed |
|
56
Barclays
London,
United Kingdom
| – | -$228K | -8,793 | Closed |
|
57
Bessemer Group
Woodbridge,
New Jersey
| – | -$42K | -1,544 | Closed |
|
|
ST
58
Spot Trading
Chicago,
Illinois
| – | -$30K | -1,100 | Closed |
|
WLKP Hedge Fund Activity: Q2 2015 in Review
44 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Westlake Chemical Partners (WLKP) for Q2 2015, worth a combined $255M — down 18% from $311M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of WLKP and 8 opened new positions — a net loss of 5 holders — while 11 trimmed existing stakes and 17 added.
The largest buyer was Balyasny Asset Management, adding an estimated $19.4M. The largest seller was Harvest Fund Advisors, cutting an estimated $24M.
- 44 institutional investors held Westlake Chemical Partners (WLKP) as of Q2 2015, down from 50 in Q1 2015.
- Funds reported $255M of Westlake Chemical Partners stock for Q2 2015, down 18% quarter-over-quarter.
- 8 funds opened new Westlake Chemical Partners positions in Q2 2015 and 13 closed out, a net change of -5 holders.
- The largest Westlake Chemical Partners buyer in Q2 2015 was Balyasny Asset Management, an estimated $19.4M added.
- The largest Westlake Chemical Partners seller in Q2 2015 was Harvest Fund Advisors, an estimated $24M sold.
Based on aggregated 13F filings for Q2 2015.