WESTERN MIDSTREAM PARTNERS L WES
COM UNIT LP INT · MLP · CUSIP 958669103
- SectorUtilities
- IndustryNatural Gas Transmission
- HeadquartersThe Woodlands, TX
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($11.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $26.74. Options: 11 managers hold calls ($27.3m notional), 9 hold puts ($7.4m).
Trends to Q1 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 191 |
| Q4 2022 | 199 |
| Q1 2023 | 191 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 84 | 66 |
| Q1 2023 | 79 | 75 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $46.8m | $12.4m | 0.26 |
| Q4 2022 | $33.2m | $11.6m | 0.35 |
| Q1 2023 | $27.3m | $7.4m | 0.27 |
Biggest buyers
| ALPS ADVISORS INC | Added | +3.7m |
| Invesco Ltd. | Added | +2.2m |
| GOLDMAN SACHS GROUP INC | Added | +1.5m |
| Mirae Asset Global Investments Co., Ltd. | Added | +1.3m |
| CIBC Private Wealth Group LLC | Added | +1.2m |
| BARCLAYS PLC | Added | +1.1m |
| WESTWOOD HOLDINGS GROUP INC | Added | +1.0m |
| MORGAN STANLEY | Added | +445.3k |
| CHICKASAW CAPITAL MANAGEMENT LLC | Added | +434.2k |
| BANK OF AMERICA CORP /DE/ | Added | +370.6k |
Biggest sellers
| DEUTSCHE BANK AG\ | Reduced | -2.1m |
| WELLS FARGO & COMPANY/MN | Reduced | -952.4k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Sold out | -714.1k |
| FIRST TRUST ADVISORS LP | Reduced | -579.4k |
| CITIGROUP INC | Reduced | -514.4k |
| MILLER HOWARD INVESTMENTS INC /NY | Reduced | -300.7k |
| NEUBERGER BERMAN GROUP LLC | Reduced | -290.3k |
| JPMORGAN CHASE & CO | Reduced | -269.9k |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO | Reduced | -223.0k |
| NATIXIS | Reduced | -205.0k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $8.6m325.0k shares |
| CITADEL ADVISORS LLC | Added | $4.8m182.0k shares |
| GROUP ONE TRADING LLC | Added | $3.7m139.6k shares |
| JANE STREET GROUP, LLC | Reduced | $2.8m104.9k shares |
| Caption Management, LLC | Added | $2.1m80.0k shares |
| PEAK6 Investments LLC | Reduced | $1.8m68.0k shares |
| Parallax Volatility Advisers, L.P. | New | $1.7m65.0k shares |
| Walleye Trading LLC | Reduced | $930.9k35.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $880.0k33.4k shares |
| HAP Trading, LLC | New | $10.0k15.1k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $3.8m142.6k shares |
| CITADEL ADVISORS LLC | Reduced | $2.2m82.7k shares |
| SIMPLEX TRADING, LLC | Added | $566.0k21.5k shares |
| JANE STREET GROUP, LLC | New | $464.1k17.6k shares |
| Walleye Trading LLC | Reduced | $205.7k7.8k shares |
| PEAK6 Investments LLC | Reduced | $142.4k5.4k shares |
| GROUP ONE TRADING LLC | Added | $87.0k3.3k shares |
| HAP Trading, LLC | New | $7.0k13.7k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| OCCIDENTAL PETROLEUM CORP /DE/ 13D · may seek influence -2.3 pts · filed 2026-02-05 | 38.3% |
| ALPS ADVISORS INC 13G · institution +0.2 pts · filed 2026-10-07 | 9.0% |
Insider purchases and sales in Q1 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 0 | — | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 1 | $57.2k | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
None reported in Q1 2023.
Holders, Q1 2023
| Manager | Shares | Change |
|---|---|---|
| ALPS ADVISORS INC 6.79% of their portfolio | 29.1m $768.3m | Added +3.7m |
| Invesco Ltd. 0.13% of their portfolio | 18.0m $475.0m | Added +2.2m |
| Blackstone Inc. 1.95% of their portfolio | 17.6m $464.5m | Reduced -66.6k |
| TORTOISE CAPITAL ADVISORS, L.L.C. 4.99% of their portfolio | 12.6m $332.2m | Reduced -34.3k |
| GOLDMAN SACHS GROUP INC 0.08% of their portfolio | 10.8m $284.0m | Added +1.5m |
| NEUBERGER BERMAN GROUP LLC 0.21% of their portfolio | 8.7m $228.8m | Reduced -290.3k |
| CHICKASAW CAPITAL MANAGEMENT LLC 11.30% of their portfolio | 8.0m $212.1m | Added +434.2k |
| Clearbridge Investments, LLC 0.12% of their portfolio | 4.9m $129.9m | Added +2.6k |
| Mirae Asset Global Investments Co., Ltd. 0.27% of their portfolio | 4.4m $117.2m | Added +1.3m |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 4.3m $114.0m | Reduced -269.9k |
| KAYNE ANDERSON CAPITAL ADVISORS LP 3.06% of their portfolio | 3.9m $102.8m | Added +155.8k |
| CIBC Private Wealth Group LLC 0.17% of their portfolio | 3.4m $153.2m | Added +1.2m |
| UBS Group AG 0.04% of their portfolio | 3.2m $83.8m | Reduced -60.0k |
| WESTWOOD HOLDINGS GROUP INC 0.74% of their portfolio | 3.1m $82.2m | Added +1.0m |
| RR Advisors, LLC 13.81% of their portfolio | 3.0m $79.3m | Reduced -120.0k |
| BARCLAYS PLC 0.08% of their portfolio | 2.8m $73.8m | Added +1.1m |
| Brookfield Corp /ON/ 0.26% of their portfolio | 2.5m $66.2m | Added +51.1k |
| MORGAN STANLEY 0.01% of their portfolio | 2.2m $58.9m | Added +445.3k |
| EAGLE GLOBAL ADVISORS LLC 3.60% of their portfolio | 2.0m $53.3m | Reduced -27.1k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.7m $46.1m | Added +370.6k |
| BERKLEY W R CORP 2.68% of their portfolio | 1.6m $42.3m | Unchanged |
| INFRASTRUCTURE CAPITAL ADVISORS, LLC 7.36% of their portfolio | 1.4m $37.4m | Added +62.1k |
| Fractal Investments LLC 8.52% of their portfolio | 1.4m $36.7m | Added +98.8k |
| MILLER HOWARD INVESTMENTS INC /NY 1.29% of their portfolio | 1.3m $35.6m | Reduced -300.7k |
| CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 3.17% of their portfolio | 1.2m $31.3m | Reduced -97.8k |
| JENNISON ASSOCIATES LLC 0.03% of their portfolio | 1.2m $31.2m | Reduced -177.5k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 1.1m $29.2m | Reduced -952.4k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 1.1m $29.1m | Reduced -579.4k |
| Recurrent Investment Advisors LLC 5.25% of their portfolio | 1.0m $26.6m | Added +104.1k |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO 0.20% of their portfolio | 626.3k $16.5m | Reduced -223.0k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 595.3k $15.7m | Reduced -2.1m |
| Allianz Asset Management GmbH 0.03% of their portfolio | 552.9k $14.6m | Reduced -8.7k |
| FMR LLC 0.00% of their portfolio | 516.0k $13.6m | Added +207.6k |
| Energy Income Partners, LLC 0.30% of their portfolio | 510.0k $13.4m | Reduced -6.7k |
| LONGFELLOW INVESTMENT MANAGEMENT CO LLC 2.65% of their portfolio | 438.8k $11.6m | Unchanged |
| Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio | 306.2k $8.1m | Added +29.0k |
| Adams Asset Advisors, LLC 1.07% of their portfolio | 303.9k $8.0m | Unchanged |
| Knollwood Investment Advisory, LLC 2.72% of their portfolio | 301.0k $7.9m | Unchanged |
| NBW CAPITAL LLC 1.93% of their portfolio | 300.9k $7.9m | Reduced -57.6k |
| NEXPOINT ASSET MANAGEMENT, L.P. 0.79% of their portfolio | 278.1k $7.3m | Unchanged |
| Terril Brothers, Inc. 3.44% of their portfolio | 277.4k $7.3m | Added +46.5k |
| Sovereign Investment Advisors, LLC 2.87% of their portfolio | 274.5k $7.2m | Unchanged |
| Heronetta Management, L.P. 4.20% of their portfolio | 216.8k $5.7m | Reduced -62.0k |
| NATIXIS 0.05% of their portfolio | 205.0k $5.4m | Reduced -205.0k |
| Tortoise Index Solutions, LLC 1.01% of their portfolio | 201.6k $5.3m | Reduced -30.6k |
| Maryland State Retirement & Pension System 0.12% of their portfolio | 197.2k $5.2m | Added +150.7k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 191.1k $5.0m | Reduced -11.8k |
| CASTLEARK MANAGEMENT LLC 0.24% of their portfolio | 186.2k $4.9m | Unchanged |
| SPIRIT OF AMERICA MANAGEMENT CORP/NY 1.03% of their portfolio | 174.1k $4.6m | Added +24.0k |
| Americana Partners, LLC 0.71% of their portfolio | 170.3k $4.5m | Reduced -3.7k |
| Catalyst Capital Advisors LLC 0.13% of their portfolio | 162.2k $4.3m | Unchanged |
| CIBC WORLD MARKET INC. 0.01% of their portfolio | 156.6k $4.1m | Reduced -36.5k |
| LONESTAR CAPITAL MANAGEMENT LLC 2.11% of their portfolio | 150.0k $4.0m | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 136.6k $3.6m | Added +44.2k |
| Texas Yale Capital Corp. 0.16% of their portfolio | 121.9k $3.2m | Unchanged |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.07% of their portfolio | 117.9k $3.1m | Reduced -53.5k |
| TECTONIC ADVISORS LLC 0.42% of their portfolio | 115.8k $3.1m | Unchanged |
| GLENMEDE TRUST CO NA 0.02% of their portfolio | 110.8k $2.9m | Unchanged |
| Lavaca Capital LLC 0.66% of their portfolio | 108.0k $2.8m | Unchanged |
| HENNESSY ADVISORS INC 0.20% of their portfolio | 101.8k $2.7m | Added +30.0k |
| Advisors Asset Management, Inc. 0.05% of their portfolio | 99.5k $2.6m | Reduced -16.4k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 98.5k $2.6m | Added +15.6k |
| DIVIDEND ASSETS CAPITAL, LLC 0.48% of their portfolio | 96.6k $2.3m | Unchanged |
| SOROS FUND MANAGEMENT LLC 0.05% of their portfolio | 94.5k $2.5m | Unchanged |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 83.5k $2.2m | Added +48.0k |
| ELCO Management Co., LLC 1.57% of their portfolio | 81.7k $2.2m | Reduced -96 |
| U.S. Capital Wealth Advisors, LLC 0.10% of their portfolio | 80.9k $2.1m | Unchanged |
| CHILTON CAPITAL MANAGEMENT LLC 0.12% of their portfolio | 80.0k $2.1m | Unchanged |
| Mariner, LLC 0.01% of their portfolio | 78.5k $2.1m | Reduced -6.4k |
| AlphaStar Capital Management, LLC 0.18% of their portfolio | 78.5k $2.1m | Unchanged |
| LPL Financial LLC 0.00% of their portfolio | 76.5k $2.0m | Added +1.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 76.4k $2.0m | Reduced -54.4k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 66.8k $1.8m | Added +6.1k |
| EVERGREEN CAPITAL MANAGEMENT LLC 0.08% of their portfolio | 66.1k $1.7m | Unchanged |
| Livforsakringsbolaget Skandia, Omsesidigt 0.18% of their portfolio | 65.4k $1.7m | Unchanged |
| INSTITUTIONAL & FAMILY ASSET MANAGEMENT, LLC 0.26% of their portfolio | 58.9k $1.6m | Added +21.9k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.01% of their portfolio | 58.7k $1.5m | Reduced -770 |
| J.P. Morgan Private Wealth Advisors LLC 0.00% of their portfolio | 55.2k $1.5m | Added +12.3k |
| CITIGROUP INC 0.00% of their portfolio | 55.2k $1.5m | Reduced -514.4k |
| BlackRock Inc. 0.00% of their portfolio | 53.3k $1.4m | Unchanged |
| ALBERT D MASON INC 0.90% of their portfolio | 49.1k $1.3m | Reduced -81 |
| BASSO CAPITAL MANAGEMENT, L.P. 1.10% of their portfolio | 43.2k $1.1m | Unchanged |
| Aveo Capital Partners, LLC 0.15% of their portfolio | 42.4k $1.1m | Reduced -4.3k |
| Zurich Insurance Group Ltd/FI 0.01% of their portfolio | 40.7k $1.1m | Unchanged |
| STEPHENS INC /AR/ 0.02% of their portfolio | 40.1k $1.1m | Added +650 |
| KEYBANK NATIONAL ASSOCIATION/OH 0.00% of their portfolio | 38.1k $1.0m | Added +7.1k |
| Parkwood LLC 0.19% of their portfolio | 37.9k $1.0m | Added +777 |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.02% of their portfolio | 37.8k $996.9k | Added +5.3k |
| HighTower Advisors, LLC 0.00% of their portfolio | 37.3k $986.0k | Added +2.1k |
| B. Riley Wealth Advisors, Inc. 0.03% of their portfolio | 35.9k $945.5k | Reduced -192 |
| Requisite Capital Management, LLC 0.29% of their portfolio | 35.1k $926.5k | Unchanged |
| Rockwood Wealth Management, LLC 0.17% of their portfolio | 33.4k $881.5k | Added +16.7k |
| IEQ CAPITAL, LLC 0.02% of their portfolio | 32.5k $856.1k | Added +4.5k |
| True North Advisors, LLC 0.23% of their portfolio | 28.9k $761.0k | New |
| Lindbrook Capital, LLC 0.09% of their portfolio | 28.3k $745.0k | Added +6.5k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 28.0k $738.1k | Added +3.1k |
| W1M Asset Management Ltd 0.07% of their portfolio | 27.6k $728.5k | Unchanged |
| Chicago Partners Investment Group LLC 0.04% of their portfolio | 25.7k $689.4k | Added +188 |
| D.A. DAVIDSON & CO. 0.01% of their portfolio | 25.6k $676.3k | Added +2.2k |
| Cullen/Frost Bankers, Inc. 0.01% of their portfolio | 24.8k $652.8k | Unchanged |