Westlake Chemical Partners
WLKP
43 hedge funds and large institutions have $333M invested in Westlake Chemical Partners in 2018 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 20 increasing their positions, 12 reducing their positions, and 12 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 12
1.86% less ownership
Funds ownership: 48.08% → 46.22% (-1.9%)
13% less capital invested
Capital invested by funds: $384M → $333M (-$50.9M)
19% less funds holding
Funds holding: 53 → 43 (-10)
64% less call options, than puts
Call options by funds: $429K | Put options by funds: $1.2M
75% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 12
Top Buyers
| 1 |
Janus Henderson Group
London,
United Kingdom
|
+$17.6M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$9.73M |
| 3 |
EIP
Energy Income Partners
Westport,
Connecticut
|
+$2.51M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$954K |
| 5 |
VanEck Associates
New York
|
+$827K |
Top Sellers
| 1 |
Blackstone Inc
New York
|
-$78.4M |
| 2 |
Morgan Stanley
New York
|
-$22M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$5.67M |
| 4 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$2.75M |
| 5 |
MWNA
Marshall Wace North America
New York
|
-$2.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$314K | -13,343 | Closed |
|
|
WJA
52
Williams Jones & Associates
New York
| – | -$250K | -10,000 | Closed |
|
|
VF
53
Virtu Financial
New York
| – | -$220K | -8,828 | Closed |
|
|
FANJ
54
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$5K | -220 | Closed |
|
55
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$4K | -149 | Closed |
|
WLKP Hedge Fund Activity: Q1 2018 in Review
43 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Westlake Chemical Partners (WLKP) for Q1 2018, worth a combined $333M — down 13% from $384M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of WLKP and 3 opened new positions — a net loss of 9 holders — while 12 trimmed existing stakes and 20 added.
The largest buyer was Janus Henderson Group, adding an estimated $17.6M. The largest seller was Blackstone Inc, exiting entirely with an estimated $78.4M sold.
- 43 institutional investors held Westlake Chemical Partners (WLKP) as of Q1 2018, down from 53 in Q4 2017.
- Funds reported $333M of Westlake Chemical Partners stock for Q1 2018, down 13% quarter-over-quarter.
- 3 funds opened new Westlake Chemical Partners positions in Q1 2018 and 12 closed out, a net change of -9 holders.
- The largest Westlake Chemical Partners buyer in Q1 2018 was Janus Henderson Group, an estimated $17.6M added.
- The largest Westlake Chemical Partners seller in Q1 2018 was Blackstone Inc, an estimated $78.4M sold.
Based on aggregated 13F filings for Q1 2018.