Westlake Chemical Partners
WLKP
46 hedge funds and large institutions have $357M invested in Westlake Chemical Partners in 2019 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 20 increasing their positions, 13 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
54% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 13
7% more funds holding
Funds holding: 43 → 46 (+3)
3.33% more ownership
Funds ownership: 45.7% → 49.03% (+3.3%)
1% more capital invested
Capital invested by funds: $355M → $357M (+$2.61M)
92% less call options, than puts
Call options by funds: $89K | Put options by funds: $1.17M
Top Buyers
Top Sellers
| 1 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
-$15.3M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$2.42M |
| 3 |
O
OppenheimerFunds
New York
|
-$2.23M |
| 4 |
VanEck Associates
New York
|
-$1.34M |
| 5 |
DPIM
Duff & Phelps Investment Management
Chicago,
Illinois
|
-$1.13M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Fidelity Investments
Boston,
Massachusetts
| – | +$23 | +1 | New |
|
WLKP Hedge Fund Activity: Q1 2019 in Review
46 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Westlake Chemical Partners (WLKP) for Q1 2019, worth a combined $357M — up 0.74% from $355M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new WLKP positions and 3 closed out — a net gain of 3 holders — while 20 added to existing stakes and 13 trimmed.
The largest buyer was Tortoise Capital Advisors, opening a new position worth an estimated $16M. The largest seller was Harvest Fund Advisors, cutting an estimated $15.3M.
- 46 institutional investors held Westlake Chemical Partners (WLKP) as of Q1 2019, up from 43 in Q4 2018.
- Funds reported $357M of Westlake Chemical Partners stock for Q1 2019, up 0.74% quarter-over-quarter.
- 6 funds opened new Westlake Chemical Partners positions in Q1 2019 and 3 closed out, a net change of +3 holders.
- The largest Westlake Chemical Partners buyer in Q1 2019 was Tortoise Capital Advisors, an estimated $16M added.
- The largest Westlake Chemical Partners seller in Q1 2019 was Harvest Fund Advisors, an estimated $15.3M sold.
Based on aggregated 13F filings for Q1 2019.