We are live on ! Find out more
WLKP icon

Westlake Chemical Partners
WLKP

54 hedge funds and large institutions have $339M invested in Westlake Chemical Partners in 2017 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 23 increasing their positions, 7 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

229% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 7

143% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 7

30.62% more ownership

Funds ownership: 73.37% → 103.99% (+31%)

30% more capital invested

Capital invested by funds: $261M → $339M (+$77.8M)

23% more funds holding

Funds holding: 44 → 54 (+10)

90% less call options, than puts

Call options by funds: $197K | Put options by funds: $2M

Holders
54
Holders Change
+10
Holders Change %
+22.73%
% of All Funds
1.35%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
17
Increased
23
Reduced
7
Closed
7
Calls
$197K
Puts
$2M
Net Calls
-$1.8M
Net Calls Change
-$1.19M

Top Buyers

1
O
OppenheimerFunds
New York
+$25M
2
Morgan Stanley
Morgan Stanley
New York
+$13.5M
3
ClearBridge Investments
ClearBridge Investments
New York
+$8.45M
4
DPIM
Duff & Phelps Investment Management
Illinois
+$8.19M
5
CIBC Private Wealth Group
CIBC Private Wealth Group
Georgia
+$6.02M

Top Sellers

1
Bank of New York Mellon
Bank of New York Mellon
New York
-$1.52M
2
GCP
GSA Capital Partners
United Kingdom
-$977K
3
VanEck Associates
VanEck Associates
New York
-$192K
4
Allianz Asset Management
Allianz Asset Management
Germany
-$147K
5
CG
Cutler Group
California
-$94.8K
Name Holding Trade Value Shares
Change 		Change in
Stake
O
1
OppenheimerFunds
New York
$90.3M +$25M +1,037,945 +35%
HFA
2
Harvest Fund Advisors
Pennsylvania
$73.8M +$5.85M +242,801 +8%
Morgan Stanley
3
Morgan Stanley
New York
$30.3M +$13.5M +558,532 +72%
EIP
4
Energy Income Partners
Connecticut
$24.1M +$3.01M +124,776 +13%
UBS Group
5
UBS Group
Switzerland
$18.5M +$3.8M +157,634 +24%
DPIM
6
Duff & Phelps Investment Management
Illinois
$14.8M +$8.19M +340,000 +109%
ClearBridge Investments
7
ClearBridge Investments
New York
$13.7M +$8.45M +350,621 +139%
BAMCO Inc
8
BAMCO Inc
New York
$7.95M – – –
COPPSERS
9
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$7.6M +$896K +37,174 +12%
CIBC Private Wealth Group
10
CIBC Private Wealth Group
Georgia
$5.61M +$6.02M +250,000 New
Goldman Sachs
11
Goldman Sachs
New York
$5.51M +$1.3M +53,808 +29%
Balyasny Asset Management
12
Balyasny Asset Management
Illinois
$5.16M +$5.48M +227,272 New
MF
13
Magnetar Financial
Illinois
$4.76M +$5.06M +209,900 New
HHAM
14
HITE Hedge Asset Management
Massachusetts
$4.21M +$4.46M +185,300 New
TA
15
Tiedemann Advisors
New York
$3.99M +$718K +29,810 +20%
TCA
16
Tortoise Capital Advisors
Kansas
$3.72M +$3.95M +164,064 New
California Public Employees Retirement System
17
California Public Employees Retirement System
California
$2.89M +$2.36M +98,000 +332%
VanEck Associates
18
VanEck Associates
New York
$2.11M -$192K -7,978 -8%
CCCA
19
Center Coast Capital Advisors
Texas
$2.08M +$2.21M +91,774 New
MLICM
20
Metropolitan Life Insurance Company (MetLife)
New York
$1.9M – – –
Deutsche Bank
21
Deutsche Bank
Germany
$1.78M +$419K +17,410 +28%
CS
22
Credit Suisse
Switzerland
$1.39M +$1.11M +46,000 +307%
Renaissance Technologies
23
Renaissance Technologies
New York
$1.28M -$51.4K -2,132 -4%
SCM
24
Shapiro Capital Management
Georgia
$1.26M +$1.33M +55,358 New
Citigroup
25
Citigroup
New York
$1.01M +$413K +17,140 +62%
1
2 3

WLKP Hedge Fund Activity: Q3 2017 in Review

54 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Westlake Chemical Partners (WLKP) for Q3 2017, worth a combined $339M — up 30% from $261M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new WLKP positions and 7 closed out — a net gain of 10 holders — while 23 added to existing stakes and 7 trimmed.

The largest buyer was OppenheimerFunds, adding an estimated $25M. The largest seller was Bank of New York Mellon, exiting entirely with an estimated $1.52M sold.

  • 54 institutional investors held Westlake Chemical Partners (WLKP) as of Q3 2017, up from 44 in Q2 2017.
  • Funds reported $339M of Westlake Chemical Partners stock for Q3 2017, up 30% quarter-over-quarter.
  • 17 funds opened new Westlake Chemical Partners positions in Q3 2017 and 7 closed out, a net change of +10 holders.
  • The largest Westlake Chemical Partners buyer in Q3 2017 was OppenheimerFunds, an estimated $25M added.
  • The largest Westlake Chemical Partners seller in Q3 2017 was Bank of New York Mellon, an estimated $1.52M sold.

Based on aggregated 13F filings for Q3 2017.