Westlake Chemical Partners
WLKP
40 hedge funds and large institutions have $362M invested in Westlake Chemical Partners in 2018 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 13 reducing their positions, and 9 closing their positions.
9% more capital invested
Capital invested by funds: $333M → $362M (+$28.9M)
8% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 13
0.39% less ownership
Funds ownership: 46.22% → 45.83% (-0.39%)
7% less funds holding
Funds holding: 43 → 40 (-3)
18% less call options, than puts
Call options by funds: $1.33M | Put options by funds: $1.61M
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
+$29.4M |
| 2 |
Janus Henderson Group
London,
|
+$6.19M |
| 3 |
Citigroup
New York
|
+$2.22M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.16M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
-$21.1M |
| 2 |
BAMCO Inc
New York
|
-$7.82M |
| 3 |
Morgan Stanley
New York
|
-$7.41M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$2.86M |
| 5 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
-$2.72M |
WLKP Hedge Fund Activity: Q2 2018 in Review
40 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Westlake Chemical Partners (WLKP) for Q2 2018, worth a combined $362M — up 8.7% from $333M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of WLKP and 6 opened new positions — a net loss of 3 holders — while 13 trimmed existing stakes and 14 added.
The largest buyer was OppenheimerFunds, adding an estimated $29.4M. The largest seller was Harvest Fund Advisors, cutting an estimated $21.1M.
- 40 institutional investors held Westlake Chemical Partners (WLKP) as of Q2 2018, down from 43 in Q1 2018.
- Funds reported $362M of Westlake Chemical Partners stock for Q2 2018, up 8.7% quarter-over-quarter.
- 6 funds opened new Westlake Chemical Partners positions in Q2 2018 and 9 closed out, a net change of -3 holders.
- The largest Westlake Chemical Partners buyer in Q2 2018 was OppenheimerFunds, an estimated $29.4M added.
- The largest Westlake Chemical Partners seller in Q2 2018 was Harvest Fund Advisors, an estimated $21.1M sold.
Based on aggregated 13F filings for Q2 2018.