Westlake Chemical Partners
WLKP
46 hedge funds and large institutions have $235M invested in Westlake Chemical Partners in 2020 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 18 increasing their positions, 13 reducing their positions, and 8 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 13
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
0.52% less ownership
Funds ownership: 45.51% → 44.99% (-0.52%)
3% less call options, than puts
Call options by funds: $1.12M | Put options by funds: $1.15M
4% less funds holding
Funds holding: 48 → 46 (-2)
44% less capital invested
Capital invested by funds: $423M → $235M (-$188M)
Top Buyers
| 1 |
EIP
Energy Income Partners
Westport,
Connecticut
|
+$4.53M |
| 2 |
Citigroup
New York
|
+$4.16M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$2.76M |
| 4 |
Goldman Sachs
New York
|
+$2.68M |
| 5 |
VEA
Virtus ETF Advisers
New York
|
+$1.45M |
Top Sellers
| 1 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$8.34M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$5.59M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$2.96M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
-$1.73M |
| 5 |
SCA
Salient Capital Advisors
Houston,
Texas
|
-$1.56M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CG
51
Cutler Group
San Francisco,
California
| – | -$340K | -16,276 | Closed |
|
52
Jane Street
New York
| – | -$397K | -15,045 | Closed |
|
|
PI
53
PEAK6 Investments
Chicago,
Illinois
| – | -$181K | -8,667 | Closed |
|
WLKP Hedge Fund Activity: Q1 2020 in Review
46 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Westlake Chemical Partners (WLKP) for Q1 2020, worth a combined $235M — down 44% from $423M a quarter earlier.
Fund positioning in WLKP was balanced in Q1 2020: 8 funds opened new positions, 8 closed out, 18 added to existing stakes and 13 trimmed.
The largest buyer was Energy Income Partners, adding an estimated $4.53M. The largest seller was Tortoise Capital Advisors, cutting an estimated $8.34M.
- 46 institutional investors held Westlake Chemical Partners (WLKP) as of Q1 2020, down from 48 in Q4 2019.
- Funds reported $235M of Westlake Chemical Partners stock for Q1 2020, down 44% quarter-over-quarter.
- 8 funds opened new Westlake Chemical Partners positions in Q1 2020 and 8 closed out, a net change of 0 holders.
- The largest Westlake Chemical Partners buyer in Q1 2020 was Energy Income Partners, an estimated $4.53M added.
- The largest Westlake Chemical Partners seller in Q1 2020 was Tortoise Capital Advisors, an estimated $8.34M sold.
Based on aggregated 13F filings for Q1 2020.