WES ranks #1689 out of 37696 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.
Chickasaw Capital Management LLC has added to its WES position for two straight quarters, increasing it by $12.9M to reach $242.5M today.
WES is up 1.1% today, and institutions have been net buyers of $594.6M this quarter — today's price move and the underlying institutional flow are pointing the same direction.