Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Western Midstream Partners L (WES)

343 + Investors. Track Smart Money conviction in WES. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +24
Streak
3Q ▲
Buyers last Q
67%

Smart Money Signals — WES

Based on 347 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added WES than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
347 hedge funds hold WES right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +25% more funds vs a year ago

fund count last 6Q
+70 new funds entered over the past year (+25% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟢

More buyers than sellers — 67% buying

197 buying97 selling
Last quarter: 197 funds were net buyers (54 opened a brand new position + 143 added to an existing one). Only 97 were sellers (67 trimmed + 30 sold completely). A clear majority buying is a strong confirmation signal.
⚠️

Fewer new buyers each quarter (-13 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 34 → 36 → 67 → 54. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

47% of holders stayed for 2+ years

■ 47% conviction (2yr+) ■ 28% medium ■ 25% new
164 out of 347 hedge funds have held WES for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
🚀

Acceleration phase — new buyers rushing in

41 → 34 → 36 → 67 → 54 new funds/Q
New funds entering each quarter: 34 → 36 → 67 → 54. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️

Veteran-anchored — 52% veterans vs 32% newcomers

■ 52% veterans ■ 17% 1-2yr ■ 32% new
Entry-cohort mix of 355 holders: 184 (52%) are 2+ year veterans, 59 entered 1–2 years ago, and 112 (32%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 37% AUM from major funds

37% from top-100 AUM funds
32 of 344 holders rank in the top 100 by AUM, accounting for 37% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
4.0
out of 10
Moderate Exit Risk
Exit risk score 4.0/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — WES

In 2026 Q1, 197 hedge funds were net buyers of WES (54 opened a new position, 143 added to an existing one), while 97 reduced or exited (67 trimmed, 30 sold completely) — a 67% buyer ratio, indicating clear institutional accumulation. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 37% of total institutional value in WES is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +24 funds (more new holders than closures). Total institutional holders: 347.

Hedge Fund Ownership: WES

How many hedge funds hold WES — quarterly history vs. share price
Quarterly hedge fund ownership of WES vs. share price

Market Analysis: WES

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: WES

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Western Midstream Partners L (WES) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much WES has moved relative to its sector benchmark (XLE) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 78d ago
WES
+6.3%
XLE
+60794.4%

WES outperformed XLE by -60788.1% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
WES
-5.0%
XLE
+49722.7%

Since the filing became public, WES outperformed XLE by -49727.7% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Growing Institutional Interest

Quality funds are building positions — conviction is rising but not yet widespread.

26 top-rated funds 15 high-conviction
Consensus
6.2
/ 10
breadth
×
Elite
6.5
/ 10
conviction
Hedge Fund Positioning: WES
343 + Investors

Track Smart Money conviction in WES. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 343 323 6.19%
13F Shares 166M 165M 0.2%
Total Value $6.59B $6.54B 0.72%
New Positions 52 67 -15
Increased Positions 139 145 -6
Closed Positions 32 28 +4
Reduced Positions 66 58 +8
Total Calls 5 6 -16.67%
Total Puts 6 5 20.0%
PUT/CALL Ratio 1.2 0.83 Neutral

Statistics: WES

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Institutional Holders (2026 Q1)

343 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in WES. Verified SEC 13F-HR filings.

QUARTER:
Top 25 WES holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Belfer Management LLC 8.33% 12,098 $498K
2 Longfellow Investment Management Co LLC 7.85% 914,525 $37.7M
3 Heronetta Management, L.P. 7.75% 206,361 $8.5M
4 Fractal Investments LLC 7.69% 1,577,806 $65.0M
5 Alps Advisors Inc 7.49% 38,637,354 $1.59B
6 Paragon Associates & Paragon Associates II Joint Venture 5.59% 100,000 $4.1M
7 Terril Brothers, INC. 4.56% 405,189 $16.7M
8 IFG Advisory, LLC 4.08% 34,577 $1.4M
9 Tortoise Capital Advisors, L.L.C. 3.77% 8,779,628 $361.5M
10 Infrastructure Capital Advisors, LLC 3.54% 1,234,879 $50.8M
11 CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 3.42% 1,676,900 $69.0M
12 Slotnik Capital, LLC 3.16% 262,614 $10.8M
13 Amplify Investments, LLC 3.16% 4,284 $176K
14 Kayne Anderson Capital Advisors LP 3.09% 3,918,091 $161.3M
15 Recurrent Investment Advisors LLC 2.81% 1,134,758 $46.7M
16 Berkley W R Corp 2.80% 1,266,970 $52.2M
17 Sovereign Investment Advisors, LLC 2.39% 274,479 $11.3M
18 RR Advisors, LLC 2.11% 184,313 $7.6M
19 Militia Capital Management LLC 1.86% 200,250 $8.2M
20 GraniteShares Advisors LLC 1.82% 61,211 $2.5M
21 Miller Howard Investments Inc /Ny 1.78% 1,584,975 $65.3M
22 Sl Advisors, LLC 1.64% 23,602 $972K
23 Adams Asset Advisors, LLC 1.58% 342,105 $14.1M
24 Eagle Global Advisors LLC 1.58% 1,063,920 $43.8M
25 Blackstone Inc. 1.41% 8,755,422 $360.5M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Western Midstream Partners L (WES)

What does the Smart Money Trend signal show for WES?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added WES than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for WES?

More buyers than sellers — 67% buying: Last quarter: 197 funds were net buyers (54 opened a brand new position + 143 added to an existing one). Only 97 were sellers (67 trimmed + 30 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for WES holders?

Strong quality — 37% AUM from major funds: 32 of 344 holders rank in the top 100 by AUM, accounting for 37% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held WES?

47% of holders stayed for 2+ years: 164 out of 347 hedge funds have held WES for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Western Midstream Partners L (WES) following the 2026 Q1 hedge fund 13F filings?

As of today, WES has moved -5.0% since the 2026 Q1 13F filing date (May 15, 2026), compared to +49722.7% for the XLE sector ETF — an outperformance of -49727.7%. Since the quarter end (March 31, 2026), WES has gained +6.3% vs +60794.4% for XLE. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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