Westlake Chemical Partners
WLKP
46 hedge funds and large institutions have $362M invested in Westlake Chemical Partners in 2019 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 21 increasing their positions, 13 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
62% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 13
7% more funds holding
Funds holding: 43 → 46 (+3)
3.82% more ownership
Funds ownership: 45.7% → 49.52% (+3.8%)
2% more capital invested
Capital invested by funds: $356M → $362M (+$6.27M)
92% less call options, than puts
Call options by funds: $89K | Put options by funds: $1.17M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$16M |
| 2 |
SCA
Salient Capital Advisors
Houston,
Texas
|
+$11.5M |
| 3 |
EIP
Energy Income Partners
Westport,
Connecticut
|
+$8.94M |
| 4 |
MIM
MetLife Investment Management
Whippany,
New Jersey
|
+$3.6M |
| 5 |
ClearBridge Investments
New York
|
+$2.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
-$15.3M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$2.42M |
| 3 |
O
OppenheimerFunds
New York
|
-$2.23M |
| 4 |
VanEck Associates
New York
|
-$1.34M |
| 5 |
DPIM
Duff & Phelps Investment Management
Chicago,
Illinois
|
-$1.13M |
WLKP Hedge Fund Activity: Q1 2019 in Review
46 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Westlake Chemical Partners (WLKP) for Q1 2019, worth a combined $362M — up 1.8% from $356M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new WLKP positions and 3 closed out — a net gain of 3 holders — while 21 added to existing stakes and 13 trimmed.
The largest buyer was Tortoise Capital Advisors, opening a new position worth an estimated $16M. The largest seller was Harvest Fund Advisors, cutting an estimated $15.3M.
- 46 institutional investors held Westlake Chemical Partners (WLKP) as of Q1 2019, up from 43 in Q4 2018.
- Funds reported $362M of Westlake Chemical Partners stock for Q1 2019, up 1.8% quarter-over-quarter.
- 6 funds opened new Westlake Chemical Partners positions in Q1 2019 and 3 closed out, a net change of +3 holders.
- The largest Westlake Chemical Partners buyer in Q1 2019 was Tortoise Capital Advisors, an estimated $16M added.
- The largest Westlake Chemical Partners seller in Q1 2019 was Harvest Fund Advisors, an estimated $15.3M sold.
Based on aggregated 13F filings for Q1 2019.