Westlake Chemical Partners
WLKP
47 hedge funds and large institutions have $284M invested in Westlake Chemical Partners in 2020 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 10 increasing their positions, 21 reducing their positions, and 8 closing their positions.
158% more call options, than puts
Call options by funds: $1.27M | Put options by funds: $493K
21% more capital invested
Capital invested by funds: $235M → $284M (+$48.9M)
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
2% more funds holding
Funds holding: 46 → 47 (+1)
2.46% less ownership
Funds ownership: 44.99% → 42.53% (-2.5%)
52% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 21
Top Buyers
| 1 |
EIP
Energy Income Partners
Westport,
Connecticut
|
+$1.98M |
| 2 |
Rafferty Asset Management
New York
|
+$1.55M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$1.35M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$844K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$333K |
Top Sellers
| 1 |
Citigroup
New York
|
-$7.5M |
| 2 |
TA
Tiedemann Advisors
New York
|
-$2.51M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
-$2.22M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$2.01M |
| 5 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$1.89M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GC
51
Guggenheim Capital
Chicago,
Illinois
| – | -$210K | -14,197 | Closed |
|
52
BNP Paribas Financial Markets
Paris,
France
| – | -$75.5K | -5,110 | Closed |
|
53
JP Morgan Chase
New York
| – | -$36K | -2,412 | Closed |
|
|
LWCFA
54
Loring Wolcott & Coolidge Fiduciary Advisors
Boston,
Massachusetts
| – | -$10K | -685 | Closed |
|
|
RCA
55
Ranch Capital Advisors
Sarasota,
Florida
| – | +$182 | +10 | New |
|
WLKP Hedge Fund Activity: Q2 2020 in Review
47 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Westlake Chemical Partners (WLKP) for Q2 2020, worth a combined $284M — up 21% from $235M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new WLKP positions and 8 closed out — a net gain of 1 holder — while 10 added to existing stakes and 21 trimmed.
The largest buyer was Energy Income Partners, adding an estimated $1.98M. The largest seller was Citigroup, cutting an estimated $7.5M.
- 47 institutional investors held Westlake Chemical Partners (WLKP) as of Q2 2020, up from 46 in Q1 2020.
- Funds reported $284M of Westlake Chemical Partners stock for Q2 2020, up 21% quarter-over-quarter.
- 9 funds opened new Westlake Chemical Partners positions in Q2 2020 and 8 closed out, a net change of +1 holder.
- The largest Westlake Chemical Partners buyer in Q2 2020 was Energy Income Partners, an estimated $1.98M added.
- The largest Westlake Chemical Partners seller in Q2 2020 was Citigroup, an estimated $7.5M sold.
Based on aggregated 13F filings for Q2 2020.