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 ≈ $26.25. Options: 11 managers hold calls ($36.1m notional), 7 hold puts ($9.2m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 191 |
| Q4 2022 | 199 |
| Q1 2023 | 191 |
| Q2 2023 | 184 |
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 |
| Q2 2023 | 63 | 77 |
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 |
| Q2 2023 | $36.1m | $9.2m | 0.25 |
Biggest buyers
| ALPS ADVISORS INC | Added | +526.8k |
| BNP PARIBAS FINANCIAL MARKETS | Added | +246.4k |
| Mirae Asset Global Investments Co., Ltd. | Added | +229.7k |
| CAPTRUST FINANCIAL ADVISORS | Added | +225.7k |
| Invesco Ltd. | Added | +211.7k |
| EXCHANGE TRADED CONCEPTS, LLC | New | +181.0k |
| CITADEL ADVISORS LLC | Added | +111.6k |
| Jump Financial, LLC | Added | +81.8k |
| LONGFELLOW INVESTMENT MANAGEMENT CO LLC | Added | +75.9k |
| EVERGREEN CAPITAL MANAGEMENT LLC | Added | +48.9k |
Biggest sellers
| BARCLAYS PLC | Reduced | -1.3m |
| UBS Group AG | Reduced | -949.8k |
| CHICKASAW CAPITAL MANAGEMENT LLC | Reduced | -521.2k |
| WESTWOOD HOLDINGS GROUP INC | Reduced | -469.1k |
| FMR LLC | Reduced | -408.5k |
| TORTOISE CAPITAL ADVISORS, L.L.C. | Reduced | -394.4k |
| BANK OF AMERICA CORP /DE/ | Reduced | -376.3k |
| JPMORGAN CHASE & CO | Reduced | -373.6k |
| NEUBERGER BERMAN GROUP LLC | Reduced | -347.5k |
| GOLDMAN SACHS GROUP INC | Reduced | -338.3k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $11.2m422.5k shares |
| Caption Management, LLC | Added | $7.2m270.0k shares |
| CITADEL ADVISORS LLC | Reduced | $4.2m157.7k shares |
| GROUP ONE TRADING LLC | Added | $3.8m142.1k shares |
| UBS Group AG | New | $3.7m138.2k shares |
| JANE STREET GROUP, LLC | Reduced | $2.1m77.7k shares |
| WOLVERINE TRADING, LLC | New | $1.5m56.3k shares |
| SIMPLEX TRADING, LLC | Added | $1.3m50.0k shares |
| PEAK6 Investments LLC | Reduced | $798.3k30.1k shares |
| Walleye Trading LLC | Reduced | $474.7k17.9k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $5.4m204.6k shares |
| CITADEL ADVISORS LLC | Reduced | $1.3m48.0k shares |
| Walleye Trading LLC | Added | $1.3m47.7k shares |
| SIMPLEX TRADING, LLC | Added | $612.0k23.1k shares |
| JANE STREET GROUP, LLC | Added | $530.4k20.0k shares |
| GROUP ONE TRADING LLC | Reduced | $71.6k2.7k 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 Q2 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
None reported in Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| ALPS ADVISORS INC 6.83% of their portfolio | 29.7m $786.7m | Added +526.8k |
| Invesco Ltd. 0.13% of their portfolio | 18.2m $483.4m | Added +211.7k |
| Blackstone Inc. 2.03% of their portfolio | 17.5m $464.9m | Reduced -84.1k |
| TORTOISE CAPITAL ADVISORS, L.L.C. 4.94% of their portfolio | 12.2m $323.6m | Reduced -394.4k |
| GOLDMAN SACHS GROUP INC 0.07% of their portfolio | 10.4m $276.6m | Reduced -338.3k |
| NEUBERGER BERMAN GROUP LLC 0.20% of their portfolio | 8.3m $220.9m | Reduced -347.5k |
| CHICKASAW CAPITAL MANAGEMENT LLC 11.03% of their portfolio | 7.5m $199.5m | Reduced -521.2k |
| Clearbridge Investments, LLC 0.12% of their portfolio | 4.9m $130.4m | Reduced -9.7k |
| Mirae Asset Global Investments Co., Ltd. 0.27% of their portfolio | 4.7m $124.0m | Added +229.7k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 3.9m $104.7m | Reduced -373.6k |
| KAYNE ANDERSON CAPITAL ADVISORS LP 3.12% of their portfolio | 3.9m $103.4m | Unchanged |
| CIBC Private Wealth Group LLC 0.09% of their portfolio | 3.2m $86.0m | Reduced -202.3k |
| RR Advisors, LLC 13.31% of their portfolio | 2.7m $72.9m | Reduced -259.0k |
| WESTWOOD HOLDINGS GROUP INC 0.63% of their portfolio | 2.6m $70.2m | Reduced -469.1k |
| Brookfield Corp /ON/ 0.26% of their portfolio | 2.5m $66.4m | Reduced -5.7k |
| UBS Group AG 0.03% of their portfolio | 2.2m $59.1m | Reduced -949.8k |
| EAGLE GLOBAL ADVISORS LLC 3.58% of their portfolio | 2.0m $54.3m | Added +24.8k |
| MORGAN STANLEY 0.01% of their portfolio | 2.0m $53.7m | Reduced -211.7k |
| COMERICA BANK 0.00% of their portfolio | 1.7m $42 | First filing |
| BERKLEY W R CORP 2.56% of their portfolio | 1.6m $42.5m | Unchanged |
| BARCLAYS PLC 0.03% of their portfolio | 1.5m $38.7m | Reduced -1.3m |
| INFRASTRUCTURE CAPITAL ADVISORS, LLC 5.62% of their portfolio | 1.4m $38.2m | Added +21.2k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.4m $36.4m | Reduced -376.3k |
| MILLER HOWARD INVESTMENTS INC /NY 1.26% of their portfolio | 1.3m $35.3m | Reduced -18.3k |
| Fractal Investments LLC 7.83% of their portfolio | 1.3m $35.2m | Reduced -65.3k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 1.1m $29.4m | Added +2.2k |
| CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 2.73% of their portfolio | 1.1m $28.2m | Reduced -122.0k |
| Recurrent Investment Advisors LLC 4.70% of their portfolio | 1.0m $27.8m | Added +40.9k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 966.0k $25.6m | Reduced -137.1k |
| JENNISON ASSOCIATES LLC 0.02% of their portfolio | 927.6k $24.6m | Reduced -254.7k |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO 0.20% of their portfolio | 622.0k $16.5m | Reduced -4.3k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 595.3k $15.8m | Unchanged |
| Allianz Asset Management GmbH 0.03% of their portfolio | 552.9k $14.7m | Unchanged |
| Energy Income Partners, LLC 0.30% of their portfolio | 531.3k $14.1m | Added +21.3k |
| LONGFELLOW INVESTMENT MANAGEMENT CO LLC 3.13% of their portfolio | 514.7k $13.6m | Added +75.9k |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 383.1k $10.2m | Added +246.4k |
| Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio | 308.9k $8.2m | Added +2.7k |
| Adams Asset Advisors, LLC 1.18% of their portfolio | 303.9k $8.1m | Unchanged |
| Knollwood Investment Advisory, LLC 2.69% of their portfolio | 301.0k $8.0m | Unchanged |
| Terril Brothers, Inc. 3.24% of their portfolio | 276.5k $7.3m | Reduced -850 |
| Sovereign Investment Advisors, LLC 2.75% of their portfolio | 274.5k $7.3m | Unchanged |
| NBW CAPITAL LLC 1.65% of their portfolio | 266.8k $7.1m | Reduced -34.1k |
| CAPTRUST FINANCIAL ADVISORS 0.02% of their portfolio | 235.2k $6.2m | Added +225.7k |
| Heronetta Management, L.P. 4.20% of their portfolio | 216.8k $5.7m | Unchanged |
| NATIXIS 0.05% of their portfolio | 205.0k $5.4m | Unchanged |
| Maryland State Retirement & Pension System 0.11% of their portfolio | 203.1k $5.4m | Added +5.9k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 198.6k $5.3m | Added +7.4k |
| EXCHANGE TRADED CONCEPTS, LLC 0.12% of their portfolio | 181.0k $4.8m | New |
| Tortoise Index Solutions, LLC 0.98% of their portfolio | 181.0k $4.8m | Reduced -20.6k |
| SPIRIT OF AMERICA MANAGEMENT CORP/NY 1.04% of their portfolio | 174.1k $4.6m | Unchanged |
| Catalyst Capital Advisors LLC 0.12% of their portfolio | 158.2k $4.2m | Reduced -4.0k |
| CIBC WORLD MARKET INC. 0.01% of their portfolio | 156.6k $4.2m | Unchanged |
| Americana Partners, LLC 0.53% of their portfolio | 155.8k $4.1m | Reduced -14.5k |
| LONESTAR CAPITAL MANAGEMENT LLC 2.09% of their portfolio | 150.0k $4.0m | Unchanged |
| NEXPOINT ASSET MANAGEMENT, L.P. 0.56% of their portfolio | 139.1k $3.7m | Reduced -139.1k |
| CASTLEARK MANAGEMENT LLC 0.15% of their portfolio | 126.8k $3.4m | Reduced -59.4k |
| Texas Yale Capital Corp. 0.15% of their portfolio | 121.9k $3.2m | Unchanged |
| HENNESSY ADVISORS INC 0.23% of their portfolio | 120.7k $3.2m | Added +18.9k |
| TECTONIC ADVISORS LLC 0.39% of their portfolio | 119.6k $3.2m | Added +3.8k |
| EVERGREEN CAPITAL MANAGEMENT LLC 0.13% of their portfolio | 115.0k $3.1m | Added +48.9k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 114.2k $3.0m | Added +111.6k |
| GLENMEDE TRUST CO NA 0.02% of their portfolio | 110.8k $2.9m | Unchanged |
| Lavaca Capital LLC 0.89% of their portfolio | 108.0k $2.9m | Unchanged |
| FMR LLC 0.00% of their portfolio | 107.5k $2.9m | Reduced -408.5k |
| Advisors Asset Management, Inc. 0.05% of their portfolio | 101.4k $2.7m | Added +1.9k |
| SOROS FUND MANAGEMENT LLC 0.05% of their portfolio | 94.5k $2.5m | Unchanged |
| Jump Financial, LLC 0.09% of their portfolio | 89.4k $2.4m | Added +81.8k |
| DIVIDEND ASSETS CAPITAL, LLC 0.49% of their portfolio | 89.3k $2.4m | Reduced -7.3k |
| CITIGROUP INC 0.00% of their portfolio | 88.9k $2.4m | Added +33.7k |
| U.S. Capital Wealth Advisors, LLC 0.10% of their portfolio | 80.7k $2.1m | Reduced -186 |
| ELCO Management Co., LLC 1.54% of their portfolio | 80.2k $2.1m | Reduced -1.5k |
| LPL Financial LLC 0.00% of their portfolio | 78.0k $2.1m | Added +1.5k |
| CHILTON CAPITAL MANAGEMENT LLC 0.11% of their portfolio | 77.3k $2.1m | Reduced -2.7k |
| PREVAIL INNOVATIVE WEALTH ADVISORS, LLC 1.11% of their portfolio | 76.1k $2.0m | First filing |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 75.8k $2.0m | Reduced -22.7k |
| Mariner, LLC 0.01% of their portfolio | 74.4k $2.0m | Reduced -4.1k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 69.9k $1.9m | Added +3.1k |
| INSTITUTIONAL & FAMILY ASSET MANAGEMENT, LLC 0.25% of their portfolio | 58.9k $1.6m | Unchanged |
| BlackRock Inc. 0.00% of their portfolio | 58.4k $1.5m | Added +5.2k |
| J.P. Morgan Private Wealth Advisors LLC 0.01% of their portfolio | 50.2k $1.3m | Reduced -5.0k |
| ALBERT D MASON INC 0.89% of their portfolio | 49.1k $1.3m | Added +42 |
| HighTower Advisors, LLC 0.00% of their portfolio | 46.7k $1.2m | Added +9.4k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.01% of their portfolio | 42.1k $1.1m | Reduced -16.6k |
| Aveo Capital Partners, LLC 0.14% of their portfolio | 42.0k $1.1m | Reduced -450 |
| STEPHENS INC /AR/ 0.02% of their portfolio | 41.9k $1.1m | Added +1.8k |
| BASSO CAPITAL MANAGEMENT, L.P. 1.21% of their portfolio | 41.1k $1.1m | Reduced -2.0k |
| Zurich Insurance Group Ltd/FI 0.01% of their portfolio | 40.7k $1.1m | Unchanged |
| Walleye Trading LLC 0.05% of their portfolio | 39.7k $1.1m | New |
| Alden Global Capital LLC 4.38% of their portfolio | 39.2k $1.0m | New |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.01% of their portfolio | 37.8k $1.0m | Reduced -17 |
| Parkwood LLC 0.18% of their portfolio | 36.9k $979.0k | Reduced -977 |
| KEYBANK NATIONAL ASSOCIATION/OH 0.00% of their portfolio | 36.2k $961.2k | Reduced -1.9k |
| B. Riley Wealth Advisors, Inc. 0.02% of their portfolio | 35.9k $950.8k | Unchanged |
| Requisite Capital Management, LLC 0.24% of their portfolio | 35.1k $931.7k | Unchanged |
| IEQ CAPITAL, LLC 0.02% of their portfolio | 29.5k $781.7k | Reduced -3.0k |
| Lindbrook Capital, LLC 0.08% of their portfolio | 28.9k $767.7k | Added +696 |
| True North Advisors, LLC 0.22% of their portfolio | 28.9k $765.3k | Unchanged |
| NORTHERN TRUST CORP 0.00% of their portfolio | 28.4k $752.2k | Added +376 |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 27.8k $736.5k | First filing |
| W1M Asset Management Ltd 0.07% of their portfolio | 27.0k $716.0k | Reduced -626 |