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.
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 (+$78.2M)
23% more funds holding
Funds holding: 44 → 54 (+10)
90% less call options, than puts
Call options by funds: $197K | Put options by funds: $2.01M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
+$25M |
| 2 |
Morgan Stanley
New York
|
+$13.5M |
| 3 |
ClearBridge Investments
New York
|
+$8.45M |
| 4 |
DPIM
Duff & Phelps Investment Management
Chicago,
Illinois
|
+$8.19M |
| 5 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$6.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$1.52M |
| 2 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$977K |
| 3 |
VanEck Associates
New York
|
-$192K |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$147K |
| 5 |
CG
Cutler Group
San Francisco,
California
|
-$94.8K |
WLKP Hedge Fund Activity: Q3 2017 in Review
54 of the 4,022 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.