Westlake Chemical Partners
WLKP
43 hedge funds and large institutions have $274M invested in Westlake Chemical Partners in 2020 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 17 reducing their positions, and 8 closing their positions.
534% more call options, than puts
Call options by funds: $1.7M | Put options by funds: $268K
3% less capital invested
Capital invested by funds: $284M → $274M (-$9.46M)
1% less ownership
Funds ownership: 42.53% → 41.53% (-1%)
9% less funds holding
Funds holding: 47 → 43 (-4)
12% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 17
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIP
Energy Income Partners
Westport,
Connecticut
|
+$4.22M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$1.25M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$690K |
| 4 |
Morgan Stanley
New York
|
+$610K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$563K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$5.96M |
| 2 |
Janus Henderson Group
London,
|
-$3.62M |
| 3 |
MIM
MetLife Investment Management
Whippany,
New Jersey
|
-$1.49M |
| 4 |
DPIM
Duff & Phelps Investment Management
Chicago,
Illinois
|
-$991K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$653K |
WLKP Hedge Fund Activity: Q3 2020 in Review
43 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Westlake Chemical Partners (WLKP) for Q3 2020, worth a combined $274M — down 3.3% from $284M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of WLKP and 4 opened new positions — a net loss of 4 holders — while 17 trimmed existing stakes and 15 added.
The largest buyer was Energy Income Partners, adding an estimated $4.22M. The largest seller was Invesco, cutting an estimated $5.96M.
- 43 institutional investors held Westlake Chemical Partners (WLKP) as of Q3 2020, down from 47 in Q2 2020.
- Funds reported $274M of Westlake Chemical Partners stock for Q3 2020, down 3.3% quarter-over-quarter.
- 4 funds opened new Westlake Chemical Partners positions in Q3 2020 and 8 closed out, a net change of -4 holders.
- The largest Westlake Chemical Partners buyer in Q3 2020 was Energy Income Partners, an estimated $4.22M added.
- The largest Westlake Chemical Partners seller in Q3 2020 was Invesco, an estimated $5.96M sold.
Based on aggregated 13F filings for Q3 2020.