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Westlake Chemical Partners

42 hedge funds and large institutions have $369M invested in Westlake Chemical Partners in 2018 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 12 increasing their positions, 14 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

43% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 7

5% more funds holding

Funds holding: 4042 (+2)

2% more capital invested

Capital invested by funds: $362M → $369M (+$6.65M)

0.09% more ownership

Funds ownership: 45.83%45.92% (+0.09%)

14% less repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 14

32% less call options, than puts

Call options by funds: $580K | Put options by funds: $848K

Holders
42
Holders Change
+2
Holders Change %
+5%
% of All Funds
0.96%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
10
Increased
12
Reduced
14
Closed
7
Calls
$580K
Puts
$848K
Net Calls
-$268K
Net Calls Change
+$17K
Name Holding Trade Value Shares
Change
Change in
Stake
O
1
OppenheimerFunds
New York
$142M +$7.66M +301,962 +6%
HFA
2
Harvest Fund Advisors
Pennsylvania
$42.7M -$6.86M -270,434 -14%
Janus Henderson Group
3
Janus Henderson Group
United Kingdom
$40.7M +$1.63M +64,388 +4%
EIP
4
Energy Income Partners
Connecticut
$32.6M -$284K -11,195 -0.8%
UBS Group
5
UBS Group
Switzerland
$23.8M +$915K +36,075 +4%
DPIM
6
Duff & Phelps Investment Management
Illinois
$16.8M +$573K +22,560 +3%
TA
7
Tiedemann Advisors
New York
$8.68M +$76.1K +3,000 +0.9%
ClearBridge Investments
8
ClearBridge Investments
New York
$7.8M +$569K +22,420 +8%
Wells Fargo
9
Wells Fargo
California
$5.85M -$1.76M -69,227 -23%
Deutsche Bank
10
Deutsche Bank
Germany
$5.19M -$820K -32,321 -13%
Morgan Stanley
11
Morgan Stanley
New York
$4.86M -$1.97M -77,682 -28%
Goldman Sachs
12
Goldman Sachs
New York
$4.8M -$115K -4,549 -2%
COPPSERS
13
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$4.65M -$1.09M -43,075 -19%
Renaissance Technologies
14
Renaissance Technologies
New York
$3.32M -$194K -7,639 -5%
VanEck Associates
15
VanEck Associates
New York
$3.02M -$311K -12,269 -9%
Acadian Asset Management
16
Acadian Asset Management
Massachusetts
$2.74M +$1.34M +52,688 +92%
California Public Employees Retirement System
17
California Public Employees Retirement System
California
$2.72M -$239K -9,400 -8%
Citigroup
18
Citigroup
New York
$2.54M +$175K +6,901 +7%
William Blair & Company
19
William Blair & Company
Illinois
$2.5M +$104K +4,110 +4%
MIM
20
MetLife Investment Management
New Jersey
$1.96M +$2M +78,907 New
Arrowstreet Capital
21
Arrowstreet Capital
Massachusetts
$1.5M +$1.53M +60,401 New
SCM
22
Shapiro Capital Management
Georgia
$1.44M
Bank of Montreal
23
Bank of Montreal
Ontario, Canada
$1.25M
GCP
24
GSA Capital Partners
United Kingdom
$915K +$85.2K +3,359 +10%
GT
25
Glenmede Trust
Pennsylvania
$896K

WLKP Hedge Fund Activity: Q3 2018 in Review

42 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Westlake Chemical Partners (WLKP) for Q3 2018, worth a combined $369M — up 1.8% from $362M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new WLKP positions and 7 closed out — a net gain of 3 holders — while 12 added to existing stakes and 14 trimmed.

The largest buyer was OppenheimerFunds, adding an estimated $7.66M. The largest seller was Harvest Fund Advisors, cutting an estimated $6.86M.

  • 42 institutional investors held Westlake Chemical Partners (WLKP) as of Q3 2018, up from 40 in Q2 2018.
  • Funds reported $369M of Westlake Chemical Partners stock for Q3 2018, up 1.8% quarter-over-quarter.
  • 10 funds opened new Westlake Chemical Partners positions in Q3 2018 and 7 closed out, a net change of +3 holders.
  • The largest Westlake Chemical Partners buyer in Q3 2018 was OppenheimerFunds, an estimated $7.66M added.
  • The largest Westlake Chemical Partners seller in Q3 2018 was Harvest Fund Advisors, an estimated $6.86M sold.

Based on aggregated 13F filings for Q3 2018.