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 ($2.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $38.44. Options: 10 managers hold calls ($35.7m notional), 9 hold puts ($18.2m).
Trends to Q4 2024
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 |
| Q1 2024 | 215 |
| Q2 2024 | 253 |
| Q3 2024 | 272 |
| Q4 2024 | 273 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2023 | 79 | 75 |
| Q2 2023 | 63 | 77 |
| Q3 2023 | 80 | 69 |
| Q4 2023 | 84 | 67 |
| Q1 2024 | 95 | 82 |
| Q2 2024 | 131 | 89 |
| Q3 2024 | 146 | 76 |
| Q4 2024 | 117 | 90 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $48.9m | $27.8m | 0.57 |
| Q2 2024 | $46.1m | $16.9m | 0.37 |
| Q3 2024 | $29.3m | $24.5m | 0.84 |
| Q4 2024 | $35.7m | $18.2m | 0.51 |
Biggest buyers
| ALPS ADVISORS INC | Added | +3.1m |
| Brookfield Corp /ON/ | Added | +1.7m |
| Invesco Ltd. | Added | +1.4m |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | Added | +1.4m |
| STIFEL FINANCIAL CORP | Added | +676.7k |
| BARCLAYS PLC | Added | +637.3k |
| EAGLE GLOBAL ADVISORS LLC | Added | +458.1k |
| UBS Group AG | Added | +431.4k |
| TORTOISE CAPITAL ADVISORS, L.L.C. | Added | +159.0k |
| LONGFELLOW INVESTMENT MANAGEMENT CO LLC | Added | +104.2k |
Biggest sellers
| WESTWOOD HOLDINGS GROUP INC | Reduced | -2.2m |
| JPMORGAN CHASE & CO | Reduced | -1.9m |
| KAYNE ANDERSON CAPITAL ADVISORS LP | Reduced | -1.6m |
| Blackstone Inc. | Reduced | -1.5m |
| JENNISON ASSOCIATES LLC | Reduced | -1.1m |
| HRT FINANCIAL LP | Sold out | -479.7k |
| Allianz Asset Management GmbH | Reduced | -439.1k |
| CITIGROUP INC | Reduced | -241.6k |
| ING GROEP NV | Reduced | -226.4k |
| MORGAN STANLEY | Reduced | -209.2k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $13.5m350.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $5.5m143.8k shares |
| IMC-Chicago, LLC | Added | $3.3m86.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $3.2m82.8k shares |
| GROUP ONE TRADING LLC | Added | $3.1m81.5k shares |
| JANE STREET GROUP, LLC | Added | $3.1m80.8k shares |
| WOLVERINE TRADING, LLC | Added | $2.4m62.0k shares |
| PEAK6 LLC | First filing | $1.0m27.3k shares |
| CenterStar Asset Management, LLC | New | $468.8k12.2k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $7.7m200.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $3.3m86.4k shares |
| PEAK6 LLC | First filing | $1.9m49.0k shares |
| GROUP ONE TRADING LLC | Added | $1.8m47.9k shares |
| WOLVERINE TRADING, LLC | Added | $1.1m27.7k shares |
| IMC-Chicago, LLC | Reduced | $868.5k22.6k shares |
| JANE STREET GROUP, LLC | Reduced | $822.4k21.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $680.0k17.7k 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 Q4 2024
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 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 5 | $840.2k | 0 | — | — |
| Q2 2024 | 1 | $50.4k | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
None reported in Q4 2024.
Holders, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| ALPS ADVISORS INC 7.62% of their portfolio | 31.4m $1.2bn | Added +3.1m |
| Invesco Ltd. 0.16% of their portfolio | 22.8m $876.6m | Added +1.4m |
| Blackstone Inc. 2.78% of their portfolio | 15.3m $586.5m | Reduced -1.5m |
| GOLDMAN SACHS GROUP INC 0.06% of their portfolio | 8.5m $327.0m | Reduced -7.0k |
| TORTOISE CAPITAL ADVISORS, L.L.C. 3.97% of their portfolio | 8.1m $309.9m | Added +159.0k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.59% of their portfolio | 7.3m $279.5m | Added +1.4m |
| NEUBERGER BERMAN GROUP LLC 0.21% of their portfolio | 6.8m $262.5m | Reduced -69.6k |
| CHICKASAW CAPITAL MANAGEMENT LLC 10.50% of their portfolio | 6.8m $259.6m | Added +99.5k |
| KAYNE ANDERSON CAPITAL ADVISORS LP 4.16% of their portfolio | 4.6m $176.4m | Reduced -1.6m |
| MORGAN STANLEY 0.01% of their portfolio | 3.7m $141.4m | Reduced -209.2k |
| UBS Group AG 0.03% of their portfolio | 3.5m $134.2m | Added +431.4k |
| Brookfield Corp /ON/ 0.39% of their portfolio | 3.4m $129.4m | Added +1.7m |
| WESTWOOD HOLDINGS GROUP INC 0.82% of their portfolio | 2.8m $106.4m | Reduced -2.2m |
| EAGLE GLOBAL ADVISORS LLC 3.83% of their portfolio | 2.4m $93.5m | Added +458.1k |
| Clearbridge Investments, LLC 0.07% of their portfolio | 2.3m $89.3m | Reduced -163.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.6m $62.6m | Reduced -1.9m |
| MILLER HOWARD INVESTMENTS INC /NY 1.98% of their portfolio | 1.6m $60.2m | Reduced -140.5k |
| Fractal Investments LLC 8.63% of their portfolio | 1.5m $56.4m | Added +1.8k |
| INFRASTRUCTURE CAPITAL ADVISORS, LLC 7.27% of their portfolio | 1.4m $54.3m | Unchanged |
| BARCLAYS PLC 0.03% of their portfolio | 1.4m $54.0m | Added +637.3k |
| Recurrent Investment Advisors LLC 4.93% of their portfolio | 1.4m $53.7m | Added +640 |
| CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 3.27% of their portfolio | 1.3m $49.2m | Reduced -34.9k |
| BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio | 1.0m $40.4m | Added +54.0k |
| CIBC Private Wealth Group LLC 0.07% of their portfolio | 1.0m $41.1m | Reduced -41.6k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 998.3k $38.4m | Reduced -89.8k |
| STIFEL FINANCIAL CORP 0.03% of their portfolio | 785.1k $30.2m | Added +676.7k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 715.0k $27.5m | Reduced -41.2k |
| JENNISON ASSOCIATES LLC 0.02% of their portfolio | 677.2k $26.0m | Reduced -1.1m |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 618.5k $23.8m | Added +96.8k |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO 0.28% of their portfolio | 611.2k $23.5m | Reduced -97.5k |
| ING GROEP NV 0.13% of their portfolio | 520.2k $20.0m | Reduced -226.4k |
| LONGFELLOW INVESTMENT MANAGEMENT CO LLC 5.11% of their portfolio | 517.4k $19.9m | Added +104.2k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 496.5k $19.1m | First filing |
| RR Advisors, LLC 4.71% of their portfolio | 477.0k $18.3m | Added +82.0k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 431.2k $16.6m | Reduced -140.1k |
| Texas Yale Capital Corp. 0.60% of their portfolio | 385.1k $14.8m | Added +3.6k |
| Terril Brothers, Inc. 4.37% of their portfolio | 374.5k $14.4m | Added +104.0k |
| Allianz Asset Management GmbH 0.02% of their portfolio | 369.5k $14.2m | Reduced -439.1k |
| Catalyst Capital Advisors LLC 0.29% of their portfolio | 353.3k $13.6m | Added +19.1k |
| Adams Asset Advisors, LLC 1.60% of their portfolio | 323.8k $12.4m | Added +2.1k |
| NBW CAPITAL LLC 2.15% of their portfolio | 301.9k $11.6m | Added +14.9k |
| Knollwood Investment Advisory, LLC 1.21% of their portfolio | 301.0k $11.6m | Unchanged |
| NOMURA HOLDINGS INC 0.06% of their portfolio | 300.0k $11.5m | Unchanged |
| Sovereign Investment Advisors, LLC 3.14% of their portfolio | 274.5k $10.5m | Unchanged |
| Heronetta Management, L.P. 5.02% of their portfolio | 228.7k $8.8m | Unchanged |
| LPL Financial LLC 0.00% of their portfolio | 227.1k $8.7m | Added +32.6k |
| EXCHANGE TRADED CONCEPTS, LLC 0.17% of their portfolio | 215.1k $8.3m | Reduced -16.8k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 212.4k $8.2m | Added +8.1k |
| EVERGREEN CAPITAL MANAGEMENT LLC 0.24% of their portfolio | 193.6k $7.4m | Added +2.8k |
| NATIXIS 0.05% of their portfolio | 192.1k $7.4m | Unchanged |
| CITIGROUP INC 0.01% of their portfolio | 165.0k $6.3m | Reduced -241.6k |
| SPIRIT OF AMERICA MANAGEMENT CORP/NY 1.26% of their portfolio | 161.7k $6.2m | Reduced -17.7k |
| Maryland State Retirement & Pension System 0.13% of their portfolio | 160.1k $6.2m | Reduced -3.8k |
| CIBC WORLD MARKET INC. 0.01% of their portfolio | 156.6k $6.0m | Unchanged |
| Americana Partners, LLC 0.23% of their portfolio | 149.6k $5.7m | Added +6.7k |
| CASTLEARK MANAGEMENT LLC 0.19% of their portfolio | 143.4k $5.5m | Unchanged |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 142.9k $5.5m | Added +10.3k |
| NEXPOINT ASSET MANAGEMENT, L.P. 0.62% of their portfolio | 139.1k $5.3m | Unchanged |
| MGO ONE SEVEN LLC 0.20% of their portfolio | 136.7k $5.3m | Added +13.5k |
| TECTONIC ADVISORS LLC 0.34% of their portfolio | 136.3k $5.2m | Added +3.1k |
| HENNESSY ADVISORS INC 0.13% of their portfolio | 117.7k $4.5m | Unchanged |
| Lavaca Capital LLC 1.82% of their portfolio | 108.0k $4.2m | Unchanged |
| Advisors Asset Management, Inc. 0.07% of their portfolio | 104.9k $4.0m | Added +30.4k |
| Mariner, LLC 0.01% of their portfolio | 98.5k $3.8m | Added +3.4k |
| HighTower Advisors, LLC 0.01% of their portfolio | 98.0k $3.8m | Added +3.4k |
| Summit Financial, LLC 0.13% of their portfolio | 94.0k $3.6m | Added +2.4k |
| GLENMEDE TRUST CO NA 0.02% of their portfolio | 84.3k $3.2m | Reduced -1.3k |
| FMR LLC 0.00% of their portfolio | 81.5k $3.1m | Reduced -1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 74.5k $2.9m | Reduced -25.3k |
| U.S. Capital Wealth Advisors, LLC 0.09% of their portfolio | 73.2k $2.8m | Reduced -2.0k |
| Pekin Hardy Strauss, Inc. 0.35% of their portfolio | 71.5k $2.7m | Added +15.7k |
| NorthCoast Asset Management LLC 0.01% of their portfolio | 69.4k $2.7m | Unchanged |
| Howard Capital Management, LLC 0.04% of their portfolio | 66.5k $2.6m | New |
| DIVIDEND ASSETS CAPITAL, LLC 0.49% of their portfolio | 65.7k $2.5m | Added +5.4k |
| BlackRock, Inc. 0.00% of their portfolio | 65.5k $2.5m | Unchanged |
| Caption Management, LLC 0.10% of their portfolio | 62.8k $2.4m | New |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.03% of their portfolio | 58.7k $2.3m | Added +1.7k |
| ELCO Management Co., LLC 1.14% of their portfolio | 56.4k $2.2m | Reduced -11 |
| CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio | 53.3k $2.0m | Added +972 |
| Pacer Advisors, Inc. 0.00% of their portfolio | 51.7k $2.0m | Added +11.1k |
| COMERICA BANK 0.01% of their portfolio | 50.7k $1.9m | Added +39.6k |
| CHILTON CAPITAL MANAGEMENT LLC 0.08% of their portfolio | 50.6k $1.9m | Reduced -2.8k |
| Cetera Investment Advisers 0.00% of their portfolio | 48.8k $1.9m | Added +19.8k |
| CARY STREET PARTNERS INVESTMENT ADVISORY LLC 1.22% of their portfolio | 48.5k $1.9m | Unchanged |
| D.A. DAVIDSON & CO. 0.02% of their portfolio | 48.3k $1.9m | Added +3.6k |
| Kestra Advisory Services, LLC 0.01% of their portfolio | 45.9k $1.8m | New |
| ALBERT D MASON INC 1.15% of their portfolio | 44.8k $1.7m | Reduced -4.5k |
| VAN ECK ASSOCIATES CORP 0.00% of their portfolio | 42.6k $1.6m | Added +12.0k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio | 42.3k $1.6m | Added +9.5k |
| DAYMARK WEALTH PARTNERS, LLC 0.07% of their portfolio | 41.9k $1.6m | Added +9.1k |
| BASSO CAPITAL MANAGEMENT, L.P. 1.37% of their portfolio | 41.1k $1.6m | Unchanged |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 40.9k $1.6m | Added +2.1k |
| STEPHENS INC /AR/ 0.02% of their portfolio | 39.2k $1.5m | Reduced -1.7k |
| Parkside Financial Bank & Trust 0.20% of their portfolio | 39.1k $1.5m | Reduced -263 |
| KEYBANK NATIONAL ASSOCIATION/OH 0.01% of their portfolio | 38.9k $1.5m | Added +2.7k |
| LEGACY CAPITAL WEALTH MANAGEMENT, LLC 1.45% of their portfolio | 38.0k $1.5m | First filing |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.01% of their portfolio | 35.2k $1.4m | Reduced -1.1k |
| CFM WEALTH PARTNERS LLC 0.23% of their portfolio | 35.0k $1.3m | Unchanged |
| IEQ CAPITAL, LLC 0.01% of their portfolio | 34.1k $1.3m | Added +6.3k |
| HUB Investment Partners, LLC 0.05% of their portfolio | 33.8k $1.3m | Added +25.3k |