Westlake Chemical Partners
WLKP
45 hedge funds and large institutions have $246M invested in Westlake Chemical Partners in 2015 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 15 reducing their positions, and 11 closing their positions.
25% more capital invested
Capital invested by funds: $197M → $246M (+$48.9M)
1.21% less ownership
Funds ownership: 78.51% → 77.29% (-1.2%)
10% less funds holding
Funds holding: 50 → 45 (-5)
13% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 15
22% less call options, than puts
Call options by funds: $2.1M | Put options by funds: $2.7M
45% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 11
Top Buyers
| 1 |
O
OppenheimerFunds
New York
|
+$33.2M |
| 2 |
Goldman Sachs
New York
|
+$3.75M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$2.57M |
| 4 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
+$2.49M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
+$1.54M |
Top Sellers
| 1 |
CCCA
Center Coast Capital Advisors
Houston,
Texas
|
-$13.6M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$10.2M |
| 3 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$5.96M |
| 4 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$4.25M |
| 5 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$3.03M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KACA
51
Kayne Anderson Capital Advisors
Los Angeles,
California
| – | -$487K | -27,850 | Closed |
|
|
VKH
52
Virtu KCG Holdings
New York
| – | -$368K | -21,046 | Closed |
|
|
CCM
53
Chilton Capital Management
Houston,
Texas
| – | -$315K | -18,000 | Closed |
|
|
NIM
54
NXG Investment Management
Dallas,
Texas
| – | -$247K | -14,100 | Closed |
|
55
Walleye Trading
New York
| – | -$72K | -4,100 | Closed |
|
56
BNP Paribas Financial Markets
Paris,
France
| – | -$35 | -2 | Closed |
|
WLKP Hedge Fund Activity: Q4 2015 in Review
45 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Westlake Chemical Partners (WLKP) for Q4 2015, worth a combined $246M — up 25% from $197M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of WLKP and 6 opened new positions — a net loss of 5 holders — while 15 trimmed existing stakes and 13 added.
The largest buyer was OppenheimerFunds, adding an estimated $33.2M. The largest seller was Center Coast Capital Advisors, cutting an estimated $13.6M.
- 45 institutional investors held Westlake Chemical Partners (WLKP) as of Q4 2015, down from 50 in Q3 2015.
- Funds reported $246M of Westlake Chemical Partners stock for Q4 2015, up 25% quarter-over-quarter.
- 6 funds opened new Westlake Chemical Partners positions in Q4 2015 and 11 closed out, a net change of -5 holders.
- The largest Westlake Chemical Partners buyer in Q4 2015 was OppenheimerFunds, an estimated $33.2M added.
- The largest Westlake Chemical Partners seller in Q4 2015 was Center Coast Capital Advisors, an estimated $13.6M sold.
Based on aggregated 13F filings for Q4 2015.