Westlake Chemical Partners
WLKP
48 hedge funds and large institutions have $423M invested in Westlake Chemical Partners in 2019 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 16 reducing their positions, and 9 closing their positions.
16% more capital invested
Capital invested by funds: $364M → $423M (+$58.1M)
6% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 16
0.83% more ownership
Funds ownership: 44.67% → 45.51% (+0.83%)
8% less funds holding
Funds holding: 52 → 48 (-4)
17% less call options, than puts
Call options by funds: $3.58M | Put options by funds: $4.3M
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| 1 |
Invesco
Atlanta,
Georgia
|
+$14.9M |
| 2 |
EIP
Energy Income Partners
Westport,
Connecticut
|
+$12.1M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
+$3.38M |
| 4 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$577K |
| 5 |
Goldman Sachs
New York
|
+$554K |
Top Sellers
| 1 |
UBS Group
Zurich,
Switzerland
|
-$11.4M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$5.3M |
| 3 |
Morgan Stanley
New York
|
-$2.9M |
| 4 |
VanEck Associates
New York
|
-$1.38M |
| 5 |
Parallax Volatility Advisers
San Francisco,
California
|
-$1.32M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Allianz Asset Management
Munich,
Germany
| – | -$288K | -12,412 | Closed |
|
52
Simplex Trading
Chicago,
Illinois
| – | -$272K | -11,826 | Closed |
|
|
HF
53
HRT Financial
New York
| – | -$228K | -9,819 | Closed |
|
|
TRCT
54
Tower Research Capital (TRC)
New York
| – | -$100K | -4,294 | Closed |
|
|
MWNA
55
Marshall Wace North America
New York
| – | -$91K | -3,920 | Closed |
|
56
Marshall Wace
London,
United Kingdom
| – | -$30K | -1,299 | Closed |
|
|
AA
57
Argent Advisors
Monroe,
Louisiana
| – | +$574 | +25 | New |
|
WLKP Hedge Fund Activity: Q4 2019 in Review
48 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Westlake Chemical Partners (WLKP) for Q4 2019, worth a combined $423M — up 16% from $364M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of WLKP and 6 opened new positions — a net loss of 3 holders — while 16 trimmed existing stakes and 17 added.
The largest buyer was Invesco, adding an estimated $14.9M. The largest seller was UBS Group, cutting an estimated $11.4M.
- 48 institutional investors held Westlake Chemical Partners (WLKP) as of Q4 2019, down from 52 in Q3 2019.
- Funds reported $423M of Westlake Chemical Partners stock for Q4 2019, up 16% quarter-over-quarter.
- 6 funds opened new Westlake Chemical Partners positions in Q4 2019 and 9 closed out, a net change of -3 holders.
- The largest Westlake Chemical Partners buyer in Q4 2019 was Invesco, an estimated $14.9M added.
- The largest Westlake Chemical Partners seller in Q4 2019 was UBS Group, an estimated $11.4M sold.
Based on aggregated 13F filings for Q4 2019.