Westlake Chemical Partners
WLKP
46 hedge funds and large institutions have $234M invested in Westlake Chemical Partners in 2016 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 14 increasing their positions, 21 reducing their positions, and 5 closing their positions.
8,794% more call options, than puts
Call options by funds: $1.51M | Put options by funds: $17K
1.41% less ownership
Funds ownership: 76.5% → 75.09% (-1.4%)
6% less funds holding
Funds holding: 49 → 46 (-3)
7% less capital invested
Capital invested by funds: $251M → $234M (-$17.4M)
33% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 21
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$4.7M |
| 2 |
ClearBridge Investments
New York
|
+$1.47M |
| 3 |
EIP
Energy Income Partners
Westport,
Connecticut
|
+$1.46M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$862K |
| 5 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
+$761K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IG
ING Group
Amsterdam,
Netherlands
|
-$3.83M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$3.2M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.23M |
| 4 |
MLICM
Metropolitan Life Insurance Company (MetLife)
New York
|
-$962K |
| 5 |
BPM
Bronson Point Management
Fairfield,
Connecticut
|
-$754K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIM
51
Acrospire Investment Management
Chicago,
Illinois
| – | -$98K | -4,298 | Closed |
|
52
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$52K | -2,298 | Closed |
|
WLKP Hedge Fund Activity: Q4 2016 in Review
46 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Westlake Chemical Partners (WLKP) for Q4 2016, worth a combined $234M — down 6.9% from $251M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of WLKP and 3 opened new positions — a net loss of 2 holders — while 21 trimmed existing stakes and 14 added.
The largest buyer was UBS Group, adding an estimated $4.7M. The largest seller was ING Group, cutting an estimated $3.83M.
- 46 institutional investors held Westlake Chemical Partners (WLKP) as of Q4 2016, down from 49 in Q3 2016.
- Funds reported $234M of Westlake Chemical Partners stock for Q4 2016, down 6.9% quarter-over-quarter.
- 3 funds opened new Westlake Chemical Partners positions in Q4 2016 and 5 closed out, a net change of -2 holders.
- The largest Westlake Chemical Partners buyer in Q4 2016 was UBS Group, an estimated $4.7M added.
- The largest Westlake Chemical Partners seller in Q4 2016 was ING Group, an estimated $3.83M sold.
Based on aggregated 13F filings for Q4 2016.