Westlake Chemical Partners
WLKP
53 hedge funds and large institutions have $384M invested in Westlake Chemical Partners in 2017 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 19 increasing their positions, 15 reducing their positions, and 10 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 15
13% more capital invested
Capital invested by funds: $339M → $384M (+$44.8M)
0% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 10
2% less funds holding
Funds holding: 54 → 53 (-1)
26% less call options, than puts
Call options by funds: $1.5M | Put options by funds: $2.01M
55.91% less ownership
Funds ownership: 103.99% → 48.08% (-56%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
+$71M |
| 2 |
Janus Henderson Group
London,
|
+$12.5M |
| 3 |
O
OppenheimerFunds
New York
|
+$5.23M |
| 4 |
Morgan Stanley
New York
|
+$4.3M |
| 5 |
MWNA
Marshall Wace North America
New York
|
+$4.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ClearBridge Investments
New York
|
-$6.9M |
| 2 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$5.61M |
| 3 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$4.76M |
| 4 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$4.21M |
| 5 |
CCCA
Center Coast Capital Advisors
Houston,
Texas
|
-$2.08M |
WLKP Hedge Fund Activity: Q4 2017 in Review
53 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Westlake Chemical Partners (WLKP) for Q4 2017, worth a combined $384M — up 13% from $339M a quarter earlier.
Fund positioning in WLKP was balanced in Q4 2017: 10 funds opened new positions, 10 closed out, 19 added to existing stakes and 15 trimmed.
The largest buyer was Blackstone Inc, opening a new position worth an estimated $71M. The largest seller was ClearBridge Investments, cutting an estimated $6.9M.
- 53 institutional investors held Westlake Chemical Partners (WLKP) as of Q4 2017, down from 54 in Q3 2017.
- Funds reported $384M of Westlake Chemical Partners stock for Q4 2017, up 13% quarter-over-quarter.
- 10 funds opened new Westlake Chemical Partners positions in Q4 2017 and 10 closed out, a net change of 0 holders.
- The largest Westlake Chemical Partners buyer in Q4 2017 was Blackstone Inc, an estimated $71M added.
- The largest Westlake Chemical Partners seller in Q4 2017 was ClearBridge Investments, an estimated $6.9M sold.
Based on aggregated 13F filings for Q4 2017.