Westlake Chemical Partners
WLKP
42 hedge funds and large institutions have $218M invested in Westlake Chemical Partners in 2016 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 10 increasing their positions, 15 reducing their positions, and 11 closing their positions.
0.22% less ownership
Funds ownership: 77.29% → 77.08% (-0.22%)
7% less funds holding
Funds holding: 45 → 42 (-3)
11% less capital invested
Capital invested by funds: $246M → $218M (-$27.9M)
24% less call options, than puts
Call options by funds: $1.3M | Put options by funds: $1.72M
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
33% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 15
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| 1 |
O
OppenheimerFunds
New York
|
+$23.8M |
| 2 |
VanEck Associates
New York
|
+$3.96M |
| 3 |
IG
ING Group
Amsterdam,
Netherlands
|
+$1.38M |
| 4 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
+$1.12M |
| 5 |
California Public Employees Retirement System
Sacramento,
California
|
+$746K |
Top Sellers
| 1 |
Morgan Stanley
New York
|
-$8.92M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$6.71M |
| 3 |
Citigroup
New York
|
-$4.35M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$4.13M |
| 5 |
Goldman Sachs
New York
|
-$3.23M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ASN
51
Advisory Services Network
Atlanta,
Georgia
| – | -$17K | -757 | Closed |
|
|
TRCT
52
Tower Research Capital (TRC)
New York
| – | -$7K | -300 | Closed |
|
53
US Bancorp
Minneapolis,
Minnesota
| – | -$1K | -55 | Closed |
|
WLKP Hedge Fund Activity: Q1 2016 in Review
42 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Westlake Chemical Partners (WLKP) for Q1 2016, worth a combined $218M — down 11% from $246M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of WLKP and 8 opened new positions — a net loss of 3 holders — while 15 trimmed existing stakes and 10 added.
The largest buyer was OppenheimerFunds, adding an estimated $23.8M. The largest seller was Morgan Stanley, cutting an estimated $8.92M.
- 42 institutional investors held Westlake Chemical Partners (WLKP) as of Q1 2016, down from 45 in Q4 2015.
- Funds reported $218M of Westlake Chemical Partners stock for Q1 2016, down 11% quarter-over-quarter.
- 8 funds opened new Westlake Chemical Partners positions in Q1 2016 and 11 closed out, a net change of -3 holders.
- The largest Westlake Chemical Partners buyer in Q1 2016 was OppenheimerFunds, an estimated $23.8M added.
- The largest Westlake Chemical Partners seller in Q1 2016 was Morgan Stanley, an estimated $8.92M sold.
Based on aggregated 13F filings for Q1 2016.