Western Midstream Partners L (WES) Quarterly Institutional 13F Update (Q2 2026)

WES ranks #1683 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.

WES is a disclosed holding of Stephen Schwarzman (Blackstone Group), one of the tracked superinvestors on AlphaSMO — it makes up 1.4% of that fund's own 13F portfolio.

WES is a top-conviction position for Chickasaw Capital Management LLC — at 8.7% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.

The largest dollar stake in WES belongs to Alps Advisors Inc, but the position matters far more to Chickasaw Capital Management LLC, who has 8.7% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.

Alps Advisors Inc has added to its WES position for two straight quarters, increasing it by $217.5M to reach $1.6B today.

JPMorgan has trimmed its WES position for two straight quarters, cutting it by $76.2M while still holding $42.5M.

WES is down 0.4% today, but institutions show net buying of $594.6M this quarter — a divergence between today's price move and the underlying institutional flow.

WES posted net income of $1.2B over the trailing twelve months.

• Profitable — net income of $1.2B over the trailing twelve months
• Revenue grew 11.4% year over year
• Net income declined year over year, from $1.3B to $1.2B
• Generated $2.2B in positive operating cash flow
• Current ratio of 1.34x — below the conventional 1.5x liquidity buffer