Westlake Chemical Partners
WLKP
46 hedge funds and large institutions have $389M invested in Westlake Chemical Partners in 2019 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 20 increasing their positions, 12 reducing their positions, and 6 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 12
59% more call options, than puts
Call options by funds: $2.27M | Put options by funds: $1.42M
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
7% more capital invested
Capital invested by funds: $362M → $389M (+$26.6M)
0% more funds holding
Funds holding: 46 → 46 (0)
4.62% less ownership
Funds ownership: 49.52% → 44.9% (-4.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$147M |
| 2 |
ClearBridge Investments
New York
|
+$4.31M |
| 3 |
Goldman Sachs
New York
|
+$3.51M |
| 4 |
Morgan Stanley
New York
|
+$3.2M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
-$14M |
| 2 |
SCA
Salient Capital Advisors
Houston,
Texas
|
-$8.45M |
| 3 |
MIM
MetLife Investment Management
Whippany,
New Jersey
|
-$3.64M |
| 4 |
Janus Henderson Group
London,
|
-$3.04M |
| 5 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
-$2.4M |
WLKP Hedge Fund Activity: Q2 2019 in Review
46 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Westlake Chemical Partners (WLKP) for Q2 2019, worth a combined $389M — up 7.3% from $362M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new WLKP positions and 6 closed out — a net gain of 1 holder — while 20 added to existing stakes and 12 trimmed.
The largest buyer was Invesco, opening a new position worth an estimated $147M. The largest seller was Harvest Fund Advisors, exiting entirely with an estimated $14M sold.
- 46 institutional investors held Westlake Chemical Partners (WLKP) as of Q2 2019, unchanged from Q1 2019.
- Funds reported $389M of Westlake Chemical Partners stock for Q2 2019, up 7.3% quarter-over-quarter.
- 7 funds opened new Westlake Chemical Partners positions in Q2 2019 and 6 closed out, a net change of +1 holder.
- The largest Westlake Chemical Partners buyer in Q2 2019 was Invesco, an estimated $147M added.
- The largest Westlake Chemical Partners seller in Q2 2019 was Harvest Fund Advisors, an estimated $14M sold.
Based on aggregated 13F filings for Q2 2019.