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. Holder counts are more reliable. Implied quarter-end price ≈ $29.26. Options: 10 managers hold calls ($34.9m notional), 7 hold puts ($9.7m).
Trends to Q4 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 191 |
| Q4 2022 | 199 |
| Q1 2023 | 191 |
| Q2 2023 | 184 |
| Q3 2023 | 190 |
| Q4 2023 | 195 |
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 |
| Q3 2023 | 80 | 69 |
| Q4 2023 | 84 | 67 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2023 | $27.3m | $7.4m | 0.27 |
| Q2 2023 | $36.1m | $9.2m | 0.25 |
| Q3 2023 | $45.9m | $7.1m | 0.16 |
| Q4 2023 | $34.9m | $9.7m | 0.28 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +4.4m |
| Invesco Ltd. | Added | +2.6m |
| MORGAN STANLEY | Added | +1.7m |
| Mirae Asset Global Investments Co., Ltd. | Added | +802.7k |
| BARCLAYS PLC | Added | +458.5k |
| GOLDMAN SACHS GROUP INC | Added | +302.7k |
| Brookfield Corp /ON/ | Added | +284.1k |
| Recurrent Investment Advisors LLC | Added | +223.1k |
| Texas Yale Capital Corp. | Added | +204.9k |
| Allianz Asset Management GmbH | Added | +157.7k |
Biggest sellers
| TORTOISE CAPITAL ADVISORS, L.L.C. | Reduced | -1.2m |
| ALPS ADVISORS INC | Reduced | -1.2m |
| Blackstone Inc. | Reduced | -912.7k |
| NATIXIS | Sold out | -631.4k |
| Energy Income Partners, LLC | Sold out | -546.6k |
| NEUBERGER BERMAN GROUP LLC | Reduced | -474.5k |
| KAYNE ANDERSON CAPITAL ADVISORS LP | Reduced | -429.3k |
| BNP PARIBAS FINANCIAL MARKETS | Reduced | -288.4k |
| FIRST TRUST ADVISORS LP | Reduced | -210.2k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -186.7k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $8.1m276.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $7.5m256.8k shares |
| Caption Management, LLC | Reduced | $7.4m252.3k shares |
| GROUP ONE TRADING LLC | Reduced | $6.5m222.5k shares |
| JANE STREET GROUP, LLC | Reduced | $2.6m88.6k shares |
| WOLVERINE TRADING, LLC | Reduced | $2.1m70.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $687.0k23.5k shares |
| HAP Trading, LLC | Reduced | $10.7k50.8k shares |
| Cutler Group LLC / CA | New | $1.0k900 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $4.9m168.5k shares |
| Caption Management, LLC | New | $2.9m100.0k shares |
| CITADEL ADVISORS LLC | Added | $1.4m46.8k shares |
| WOLVERINE TRADING, LLC | Added | $342.3k11.7k shares |
| SIMPLEX TRADING, LLC | Added | $105.0k3.6k shares |
| GROUP ONE TRADING LLC | Reduced | $64.4k2.2k 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 Q4 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
None reported in Q4 2023.
Holders, Q4 2023
| Manager | Shares | Change |
|---|---|---|
| ALPS ADVISORS INC 7.44% of their portfolio | 32.3m $945.8m | Reduced -1.2m |
| Invesco Ltd. 0.16% of their portfolio | 23.3m $683.1m | Added +2.6m |
| Blackstone Inc. 1.72% of their portfolio | 12.7m $372.2m | Reduced -912.7k |
| GOLDMAN SACHS GROUP INC 0.07% of their portfolio | 11.1m $326.0m | Added +302.7k |
| TORTOISE CAPITAL ADVISORS, L.L.C. 4.27% of their portfolio | 9.5m $276.8m | Reduced -1.2m |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 9.0m $262.8m | Added +4.4m |
| NEUBERGER BERMAN GROUP LLC 0.20% of their portfolio | 7.7m $224.5m | Reduced -474.5k |
| CHICKASAW CAPITAL MANAGEMENT LLC 11.23% of their portfolio | 7.3m $214.4m | Reduced -69.8k |
| Mirae Asset Global Investments Co., Ltd. 0.37% of their portfolio | 6.3m $183.8m | Added +802.7k |
| Clearbridge Investments, LLC 0.12% of their portfolio | 4.9m $143.8m | Added +4.0k |
| MORGAN STANLEY 0.00% of their portfolio | 3.8m $109.9m | Added +1.7m |
| KAYNE ANDERSON CAPITAL ADVISORS LP 2.97% of their portfolio | 3.3m $95.7m | Reduced -429.3k |
| Brookfield Corp /ON/ 0.48% of their portfolio | 2.9m $84.1m | Added +284.1k |
| RR Advisors, LLC 12.82% of their portfolio | 2.6m $74.9m | Reduced -124.0k |
| UBS Group AG 0.03% of their portfolio | 2.2m $64.7m | Reduced -8.5k |
| EAGLE GLOBAL ADVISORS LLC 3.48% of their portfolio | 2.0m $57.6m | Reduced -70.3k |
| WESTWOOD HOLDINGS GROUP INC 0.44% of their portfolio | 1.8m $52.2m | Reduced -84.3k |
| CIBC Private Wealth Group LLC 0.10% of their portfolio | 1.6m $47.9m | Added +465 |
| BERKLEY W R CORP 3.39% of their portfolio | 1.6m $46.9m | Unchanged |
| INFRASTRUCTURE CAPITAL ADVISORS, LLC 6.83% of their portfolio | 1.5m $43.9m | Reduced -49.6k |
| CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 4.01% of their portfolio | 1.5m $43.7m | Added +62.5k |
| Recurrent Investment Advisors LLC 6.02% of their portfolio | 1.4m $41.0m | Added +223.1k |
| Fractal Investments LLC 8.37% of their portfolio | 1.4m $40.7m | Unchanged |
| MILLER HOWARD INVESTMENTS INC /NY 1.40% of their portfolio | 1.4m $40.2m | Added +47.6k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 1.3m $36.9m | Added +89.4k |
| BARCLAYS PLC 0.02% of their portfolio | 1.2m $35.3m | Added +458.5k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.2m $34.2m | Reduced -43.2k |
| JENNISON ASSOCIATES LLC 0.02% of their portfolio | 983.7k $28.8m | Added +115.3k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 849.7k $24.9m | Reduced -210.2k |
| Allianz Asset Management GmbH 0.04% of their portfolio | 708.3k $20.7m | Added +157.7k |
| LONGFELLOW INVESTMENT MANAGEMENT CO LLC 3.79% of their portfolio | 524.7k $15.4m | Unchanged |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO 0.13% of their portfolio | 383.0k $11.2m | Reduced -64.0k |
| Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio | 379.3k $11.1m | Added +21.4k |
| Adams Asset Advisors, LLC 1.30% of their portfolio | 331.4k $9.7m | Unchanged |
| Texas Yale Capital Corp. 0.46% of their portfolio | 327.6k $9.6m | Added +204.9k |
| NBW CAPITAL LLC 2.06% of their portfolio | 322.0k $9.4m | Added +64.4k |
| Catalyst Capital Advisors LLC 0.25% of their portfolio | 311.9k $9.1m | Unchanged |
| Knollwood Investment Advisory, LLC 1.83% of their portfolio | 301.0k $8.8m | Unchanged |
| Sovereign Investment Advisors, LLC 2.99% of their portfolio | 274.5k $8.0m | Unchanged |
| NOMURA HOLDINGS INC 0.07% of their portfolio | 270.0k $7.9m | Added +69.0k |
| Susquehanna Portfolio Strategies, LLC 0.14% of their portfolio | 268.5k $7.9m | First filing |
| Tortoise Index Solutions, LLC 1.36% of their portfolio | 250.9k $7.3m | Added +25.6k |
| EXCHANGE TRADED CONCEPTS, LLC 0.20% of their portfolio | 250.3k $7.3m | Added +25.0k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 241.9k $7.1m | Unchanged |
| CAPTRUST FINANCIAL ADVISORS 0.02% of their portfolio | 229.6k $6.7m | Added +14.8k |
| Heronetta Management, L.P. 4.72% of their portfolio | 227.7k $6.7m | Added +8.0k |
| Terril Brothers, Inc. 2.30% of their portfolio | 221.5k $6.5m | Reduced -3.2k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 192.5k $5.6m | Added +12.2k |
| SPIRIT OF AMERICA MANAGEMENT CORP/NY 1.16% of their portfolio | 181.3k $5.3m | Added +3.2k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 164.2k $4.8m | Reduced -9.1k |
| Maryland State Retirement & Pension System 0.10% of their portfolio | 159.6k $4.7m | Unchanged |
| HRT FINANCIAL LP 0.03% of their portfolio | 157.7k $4.6m | New |
| CIBC WORLD MARKET INC. 0.01% of their portfolio | 156.6k $4.6m | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 152.2k $4.5m | Reduced -288.4k |
| Americana Partners, LLC 0.40% of their portfolio | 143.3k $4.2m | Added +71 |
| NEXPOINT ASSET MANAGEMENT, L.P. 0.62% of their portfolio | 139.1k $4.1m | Unchanged |
| CASTLEARK MANAGEMENT LLC 0.16% of their portfolio | 126.8k $3.7m | Unchanged |
| TECTONIC ADVISORS LLC 0.31% of their portfolio | 124.6k $3.6m | Added +2.5k |
| HENNESSY ADVISORS INC 0.18% of their portfolio | 120.7k $3.5m | Unchanged |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 116.3k $3.4m | Added +99.4k |
| EVERGREEN CAPITAL MANAGEMENT LLC 0.13% of their portfolio | 111.9k $3.3m | Reduced -3.2k |
| U.S. Capital Wealth Advisors, LLC 0.13% of their portfolio | 109.5k $3.2m | Unchanged |
| Lavaca Capital LLC 1.93% of their portfolio | 108.0k $3.2m | Unchanged |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 103.8k $3.0m | Added +5.6k |
| SOROS FUND MANAGEMENT LLC 0.05% of their portfolio | 94.5k $2.8m | Unchanged |
| Mariner, LLC 0.01% of their portfolio | 93.5k $2.7m | Added +159 |
| GLENMEDE TRUST CO NA 0.01% of their portfolio | 91.8k $2.7m | Reduced -22.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 90.1k $2.6m | Reduced -186.7k |
| Advisors Asset Management, Inc. 0.05% of their portfolio | 82.8k $2.4m | Added +1.4k |
| FMR LLC 0.00% of their portfolio | 82.0k $2.4m | Reduced -14.6k |
| LPL Financial LLC 0.00% of their portfolio | 79.4k $2.3m | Reduced -4.6k |
| CHILTON CAPITAL MANAGEMENT LLC 0.11% of their portfolio | 73.1k $2.1m | Reduced -4.2k |
| DIVIDEND ASSETS CAPITAL, LLC 0.41% of their portfolio | 71.5k $2.1m | Reduced -13.2k |
| LONESTAR CAPITAL MANAGEMENT LLC 1.50% of their portfolio | 70.0k $2.0m | Unchanged |
| BlackRock Inc. 0.00% of their portfolio | 69.8k $2.0m | Added +4.2k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 65.9k $1.9m | Reduced -4.4k |
| INSTITUTIONAL & FAMILY ASSET MANAGEMENT, LLC 0.32% of their portfolio | 65.6k $1.9m | Reduced -1.6k |
| ELCO Management Co., LLC 1.14% of their portfolio | 59.1k $1.7m | Reduced -20.5k |
| VAN ECK ASSOCIATES CORP 0.00% of their portfolio | 58.0k $1.7m | Added +29.6k |
| DRW Securities, LLC 0.05% of their portfolio | 53.0k $1.6m | New |
| GraniteShares Advisors LLC 1.37% of their portfolio | 52.0k $1.5m | New |
| Arkadios Wealth Advisors 0.12% of their portfolio | 50.0k $1.5m | Unchanged |
| HighTower Advisors, LLC 0.00% of their portfolio | 48.4k $1.4m | Reduced -3.3k |
| ALBERT D MASON INC 0.93% of their portfolio | 47.9k $1.4m | Reduced -32 |
| STEPHENS INC /AR/ 0.02% of their portfolio | 41.9k $1.2m | Added +60 |
| Parkwood LLC 0.20% of their portfolio | 41.7k $1.2m | Unchanged |
| BASSO CAPITAL MANAGEMENT, L.P. 1.25% of their portfolio | 41.1k $1.2m | Unchanged |
| Aveo Capital Partners, LLC 0.14% of their portfolio | 39.5k $1.2m | Reduced -1.3k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.01% of their portfolio | 38.1k $1.1m | Reduced -3.6k |
| Lindbrook Capital, LLC 0.11% of their portfolio | 37.9k $1.1m | Added +5.2k |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 37.3k $1.1m | Added +9.2k |
| KEYBANK NATIONAL ASSOCIATION/OH 0.00% of their portfolio | 36.2k $1.1m | Unchanged |
| Bramshill Investments, LLC 0.10% of their portfolio | 35.5k $1.0m | New |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.01% of their portfolio | 33.7k $985.5k | Added +417 |
| Pacer Advisors, Inc. 0.00% of their portfolio | 33.6k $982.0k | Added +6.8k |
| B. Riley Wealth Advisors, Inc. 0.03% of their portfolio | 33.6k $981.8k | Reduced -554 |
| Pathstone Holdings, LLC 0.01% of their portfolio | 33.3k $975.6k | First filing |
| Requisite Capital Management, LLC 0.25% of their portfolio | 33.2k $972.5k | Reduced -1.9k |
| IEQ CAPITAL, LLC 0.02% of their portfolio | 30.9k $904.5k | Added +834 |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 0.01% of their portfolio | 30.2k $882.6k | Added +15.3k |