Westlake Chemical Partners
WLKP
49 hedge funds and large institutions have $251M invested in Westlake Chemical Partners in 2016 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 21 reducing their positions, and 3 closing their positions.
609% more call options, than puts
Call options by funds: $2.86M | Put options by funds: $404K
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
15% more capital invested
Capital invested by funds: $219M → $251M (+$32M)
9% more funds holding
Funds holding: 45 → 49 (+4)
0.23% more ownership
Funds ownership: 76.27% → 76.5% (+0.23%)
48% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
+$3.72M |
| 2 |
EIP
Energy Income Partners
Westport,
Connecticut
|
+$3.12M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$2.39M |
| 4 |
O
OppenheimerFunds
New York
|
+$2.2M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$925K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$2.73M |
| 2 |
JP Morgan Chase
New York
|
-$2.28M |
| 3 |
DPIM
Duff & Phelps Investment Management
Chicago,
Illinois
|
-$1.52M |
| 4 |
Morgan Stanley
New York
|
-$1.29M |
| 5 |
LMGAM
Liberty Mutual Group Asset Management
Boston,
Massachusetts
|
-$1.01M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LMGAM
51
Liberty Mutual Group Asset Management
Boston,
Massachusetts
| – | -$1.01M | -50,385 | Closed |
|
|
PCM
52
Prelude Capital Management
New York
| – | -$18K | -878 | Closed |
|
53
Citigroup
New York
| – | -$2K | -80 | Closed |
|
WLKP Hedge Fund Activity: Q3 2016 in Review
49 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Westlake Chemical Partners (WLKP) for Q3 2016, worth a combined $251M — up 15% from $219M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new WLKP positions and 3 closed out — a net gain of 4 holders — while 11 added to existing stakes and 21 trimmed.
The largest buyer was Harvest Fund Advisors, adding an estimated $3.72M. The largest seller was Goldman Sachs, cutting an estimated $2.73M.
- 49 institutional investors held Westlake Chemical Partners (WLKP) as of Q3 2016, up from 45 in Q2 2016.
- Funds reported $251M of Westlake Chemical Partners stock for Q3 2016, up 15% quarter-over-quarter.
- 7 funds opened new Westlake Chemical Partners positions in Q3 2016 and 3 closed out, a net change of +4 holders.
- The largest Westlake Chemical Partners buyer in Q3 2016 was Harvest Fund Advisors, an estimated $3.72M added.
- The largest Westlake Chemical Partners seller in Q3 2016 was Goldman Sachs, an estimated $2.73M sold.
Based on aggregated 13F filings for Q3 2016.