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Westlake Chemical Partners

44 hedge funds and large institutions have $255M invested in Westlake Chemical Partners in 2015 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 11 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

55% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 11

1.07% more ownership

Funds ownership: 80.48%81.55% (+1.1%)

12% less funds holding

Funds holding: 5044 (-6)

18% less capital invested

Capital invested by funds: $311M → $255M (-$55.9M)

36% less call options, than puts

Call options by funds: $322K | Put options by funds: $500K

38% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 13

Holders
44
Holders Change
-6
Holders Change %
-12%
% of All Funds
1.19%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
17
Reduced
11
Closed
13
Calls
$322K
Puts
$500K
Net Calls
-$178K
Net Calls Change
+$128K
Name Holding Trade Value Shares
Change
Change in
Stake
HFA
1
Harvest Fund Advisors
Pennsylvania
$35.4M -$24M -999,668 -38%
Goldman Sachs
2
Goldman Sachs
New York
$23.9M +$2.36M +98,566 +10%
CCCA
3
Center Coast Capital Advisors
Texas
$22.1M +$14.3M +594,401 +140%
Balyasny Asset Management
4
Balyasny Asset Management
Illinois
$19.5M +$19.4M +806,621 +893%
Morgan Stanley
5
Morgan Stanley
New York
$19.1M -$2.97M -123,755 -12%
CS
6
Credit Suisse
Switzerland
$14.9M +$7.5M +312,689 +84%
EIP
7
Energy Income Partners
Connecticut
$14.6M +$12.4M +517,464 +337%
BAMCO Inc
8
BAMCO Inc
New York
$13.3M -$6.92M -288,325 -32%
DPIM
9
Duff & Phelps Investment Management
Illinois
$12.1M
CIBC Private Wealth Group
10
CIBC Private Wealth Group
Georgia
$10.9M +$3.6M +150,000 +43%
Fidelity Investments
11
Fidelity Investments
Massachusetts
$9.17M +$8.33M +346,999 +464%
Citigroup
12
Citigroup
New York
$7.07M +$840K +35,014 +12%
UBS Group
13
UBS Group
Switzerland
$5.78M +$2.46M +102,412 +63%
WHG
14
Westwood Holdings Group
Texas
$5.6M -$3.26M -135,916 -35%
IG
15
ING Group
Netherlands
$4.76M
EGA
16
Eagle Global Advisors
Texas
$4.31M
Acadian Asset Management
17
Acadian Asset Management
Massachusetts
$4.17M +$1.21M +50,606 +36%
GCP
18
GSA Capital Partners
United Kingdom
$3.8M +$1.54M +64,170 +58%
ClearBridge Investments
19
ClearBridge Investments
New York
$3.67M -$1.67M -69,538 -29%
Wells Fargo
20
Wells Fargo
California
$3.65M -$1.19M -49,749 -23%
MLICM
21
Metropolitan Life Insurance Company (MetLife)
New York
$3.24M +$3.58M +149,000 New
O
22
OppenheimerFunds
New York
$2.88M +$3.18M +132,600 New
NMIMC
23
Northwestern Mutual Investment Management Company
Wisconsin
$2.58M +$446K +18,600 +19%
LMGAM
24
Liberty Mutual Group Asset Management
Massachusetts
$1.56M
Bank of New York Mellon
25
Bank of New York Mellon
New York
$1.13M +$758K +31,577 +155%

WLKP Hedge Fund Activity: Q2 2015 in Review

44 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Westlake Chemical Partners (WLKP) for Q2 2015, worth a combined $255M — down 18% from $311M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of WLKP and 8 opened new positions — a net loss of 5 holders — while 11 trimmed existing stakes and 17 added.

The largest buyer was Balyasny Asset Management, adding an estimated $19.4M. The largest seller was Harvest Fund Advisors, cutting an estimated $24M.

  • 44 institutional investors held Westlake Chemical Partners (WLKP) as of Q2 2015, down from 50 in Q1 2015.
  • Funds reported $255M of Westlake Chemical Partners stock for Q2 2015, down 18% quarter-over-quarter.
  • 8 funds opened new Westlake Chemical Partners positions in Q2 2015 and 13 closed out, a net change of -5 holders.
  • The largest Westlake Chemical Partners buyer in Q2 2015 was Balyasny Asset Management, an estimated $19.4M added.
  • The largest Westlake Chemical Partners seller in Q2 2015 was Harvest Fund Advisors, an estimated $24M sold.

Based on aggregated 13F filings for Q2 2015.