Westlake Chemical Partners
WLKP
46 hedge funds and large institutions have $388M invested in Westlake Chemical Partners in 2019 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 20 increasing their positions, 11 reducing their positions, and 6 closing their positions.
82% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 11
59% more call options, than puts
Call options by funds: $2.27M | Put options by funds: $1.42M
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
8% more capital invested
Capital invested by funds: $357M → $388M (+$30.1M)
0% more funds holding
Funds holding: 46 → 46 (0)
4.13% less ownership
Funds ownership: 49.03% → 44.9% (-4.1%)
Top Buyers
| 1 |
Invesco
Atlanta,
Georgia
|
+$147M |
| 2 |
ClearBridge Investments
New York
|
+$4.31M |
| 3 |
Goldman Sachs
New York
|
+$3.51M |
| 4 |
Morgan Stanley
New York
|
+$3.2M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.96M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Barclays
London,
United Kingdom
| – | -$98K | -4,321 | Closed |
|
52
Marshall Wace
London,
United Kingdom
| – | -$1K | -50 | Closed |
|
WLKP Hedge Fund Activity: Q2 2019 in Review
46 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Westlake Chemical Partners (WLKP) for Q2 2019, worth a combined $388M — up 8.4% from $357M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new WLKP positions and 6 closed out — a net gain of 1 holder — while 20 added to existing stakes and 11 trimmed.
The largest buyer was Invesco, opening a new position worth an estimated $147M. The largest seller was Harvest Fund Advisors, exiting entirely with an estimated $14M sold.
- 46 institutional investors held Westlake Chemical Partners (WLKP) as of Q2 2019, unchanged from Q1 2019.
- Funds reported $388M of Westlake Chemical Partners stock for Q2 2019, up 8.4% quarter-over-quarter.
- 7 funds opened new Westlake Chemical Partners positions in Q2 2019 and 6 closed out, a net change of +1 holder.
- The largest Westlake Chemical Partners buyer in Q2 2019 was Invesco, an estimated $147M added.
- The largest Westlake Chemical Partners seller in Q2 2019 was Harvest Fund Advisors, an estimated $14M sold.
Based on aggregated 13F filings for Q2 2019.