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Westlake Chemical Partners

52 hedge funds and large institutions have $343M invested in Westlake Chemical Partners in 2014 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 20 increasing their positions, 12 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

266% more call options, than puts

Call options by funds: $2.63M | Put options by funds: $719K

100% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 7

67% more repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 12

11% more funds holding

Funds holding: 4752 (+5)

2.84% more ownership

Funds ownership: 79.33%82.17% (+2.8%)

4% more capital invested

Capital invested by funds: $331M → $343M (+$12.4M)

Holders
52
Holders Change
+5
Holders Change %
+10.64%
% of All Funds
1.39%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
14
Increased
20
Reduced
12
Closed
7
Calls
$2.63M
Puts
$719K
Net Calls
+$1.91M
Net Calls Change
+$2.2M
Name Holding Trade Value Shares
Change
Change in
Stake
HFA
1
Harvest Fund Advisors
Pennsylvania
$76.3M +$4.14M +144,911 +6%
Goldman Sachs
2
Goldman Sachs
New York
$28.1M +$11M +384,881 +66%
BAMCO Inc
3
BAMCO Inc
New York
$25.2M +$1.63M +57,205 +7%
Morgan Stanley
4
Morgan Stanley
New York
$24.9M -$2.25M -78,596 -8%
DPIM
5
Duff & Phelps Investment Management
Illinois
$16.7M +$429K +15,000 +3%
CS
6
Credit Suisse
Switzerland
$15.4M -$5.08M -177,641 -25%
ClearBridge Investments
7
ClearBridge Investments
New York
$14.5M +$4.31M +150,850 +43%
CCCA
8
Center Coast Capital Advisors
Texas
$12.6M +$6.96M +243,443 +126%
Citigroup
9
Citigroup
New York
$12.4M -$3.13M -109,461 -20%
WHG
10
Westwood Holdings Group
Texas
$11.4M +$1.38M +48,375 +14%
EC
11
EJF Capital
Virginia
$8.99M -$1.05M -36,821 -11%
WRF
12
Waddell & Reed Financial
Kansas
$8.54M -$394K -13,800 -4%
CIBC Private Wealth Group
13
CIBC Private Wealth Group
Georgia
$8.06M +$88.7K +3,102 +1%
UBS Group
14
UBS Group
Switzerland
$8.05M +$7.94M +277,762 New
COPPSERS
15
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$7.78M -$829K -29,007 -10%
Fidelity Investments
16
Fidelity Investments
Massachusetts
$7.35M -$1.88M -65,700 -21%
Wells Fargo
17
Wells Fargo
California
$6.58M -$14.3K -500 -0.2%
EGA
18
Eagle Global Advisors
Texas
$5.08M
TAM
19
TPH Asset Management
Texas
$4.75M +$3.94M +137,863 +529%
Cohen & Steers
20
Cohen & Steers
New York
$4.09M -$1.7M -59,597 -30%
Deutsche Bank
21
Deutsche Bank
Germany
$4.08M +$2.42M +84,730 +152%
GACM
22
Green Arrow Capital Management
New York
$4.06M +$2.69M +94,130 +205%
MSA
23
Mason Street Advisors
Wisconsin
$2.9M +$714K +25,000 +33%
CM
24
Castleark Management
Illinois
$2.75M +$2.71M +94,950 New
Jennison Associates
25
Jennison Associates
New York
$2.4M +$301K +10,543 +15%

WLKP Hedge Fund Activity: Q4 2014 in Review

52 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Westlake Chemical Partners (WLKP) for Q4 2014, worth a combined $343M — up 3.7% from $331M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new WLKP positions and 7 closed out — a net gain of 7 holders — while 20 added to existing stakes and 12 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $11M. The largest seller was NXG Investment Management, exiting entirely with an estimated $10.5M sold.

  • 52 institutional investors held Westlake Chemical Partners (WLKP) as of Q4 2014, up from 47 in Q3 2014.
  • Funds reported $343M of Westlake Chemical Partners stock for Q4 2014, up 3.7% quarter-over-quarter.
  • 14 funds opened new Westlake Chemical Partners positions in Q4 2014 and 7 closed out, a net change of +7 holders.
  • The largest Westlake Chemical Partners buyer in Q4 2014 was Goldman Sachs, an estimated $11M added.
  • The largest Westlake Chemical Partners seller in Q4 2014 was NXG Investment Management, an estimated $10.5M sold.

Based on aggregated 13F filings for Q4 2014.