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Horizon Kinetics Asset Management’s Wheaton Precious Metals WPM Stock Holding History

Horizon Kinetics Asset Management’s Portfolio WPM Stock Details WPM Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2026
Q1 		$231M Sell
1,761,519
-731,999
-29% -$102M 2.5% 5
2025
Q4 		$293M Sell
2,493,518
-298,594
-11% -$32M 3.96% 3
2025
Q3 		$312M Sell
2,792,112
-193,374
-6% -$18.9M 3.81% 3
2025
Q2 		$268M Buy
2,985,486
+28,792
+1% +$2.42M 3.18% 4
2025
Q1 		$230M Buy
2,956,694
+25,448
+0.9% +$1.7M 2.6% 4
2024
Q4 		$165M Buy
2,931,246
+177,071
+6% +$11M 2.05% 4
2024
Q3 		$168M Sell
2,754,175
-7,333
-0.3% -$436K 2.52% 5
2024
Q2 		$145M Buy
2,761,508
+76,517
+3% +$4.09M 2.53% 4
2024
Q1 		$127M Sell
2,684,991
-246,275
-8% -$11.1M 2.39% 4
2023
Q4 		$145M Sell
2,931,266
-238,792
-8% -$10.8M 3.03% 3
2023
Q3 		$129M Sell
3,170,058
-172,480
-5% -$7.44M 2.55% 4
2023
Q2 		$144M Sell
3,342,538
-128,992
-4% -$6.13M 3.11% 4
2023
Q1 		$167M Buy
3,471,530
+22,074
+0.6% +$965K 3.21% 3
2022
Q4 		$135M Buy
3,449,456
+190,264
+6% +$6.88M 2.22% 4
2022
Q3 		$105M Sell
3,259,192
-155,070
-5% -$5.09M 2.12% 5
2022
Q2 		$123M Buy
3,414,262
+89,965
+3% +$3.9M 2.58% 4
2022
Q1 		$158M Buy
3,324,297
+221,587
+7% +$9.63M 3.19% 3
2021
Q4 		$133M Buy
3,102,710
+101,355
+3% +$4.17M 2.93% 3
2021
Q3 		$113M Buy
3,001,355
+58,350
+2% +$2.54M 2.64% 4
2021
Q2 		$130M Buy
2,943,005
+434,294
+17% +$19.3M 2.64% 3
2021
Q1 		$95.9M Sell
2,508,711
-25,032
-1% -$993K 2.17% 4
2020
Q4 		$106M Sell
2,533,743
-203,336
-7% -$9.08M 3.52% 2
2020
Q3 		$134M Sell
2,737,079
-191,990
-7% -$9.79M 5.39% 2
2020
Q2 		$129M Sell
2,929,069
-543,232
-16% -$21.4M 4.67% 2
2020
Q1 		$95.6M Sell
3,472,301
-102,462
-3% -$2.96M 4.23% 3
2019
Q4 		$106M Sell
3,574,763
-3,395
-0.1% -$92.8K 3.02% 4
2019
Q3 		$93.9M Buy
3,578,158
+593,688
+20% +$16M 2.83% 6
2019
Q2 		$72.2M Sell
2,984,470
-57,895
-2% -$1.28M 1.99% 6
2019
Q1 		$72.5M Buy
+3,042,365
New +$64.7M 2.01% 7

Other funds holding WPM

Capital World Investors
Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return
Fidelity Investments
Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return
VanEck Associates
VanEck Associates New York $133B AUM 72.99% 1-Year Est. Return
First Eagle Investment Management
First Eagle Investment Management New York $59B AUM 32.99% 1-Year Est. Return
VCM
Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM
Mirae Asset Global ETFs Holdings
Mirae Asset Global ETFs Holdings Causeway Bay, Hong Kong $73.7B AUM 53.56% 1-Year Est. Return
Royal Bank of Canada
Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return
Bank of Montreal
Bank of Montreal Toronto, Ontario, Canada $269B AUM 31.4% 1-Year Est. Return
TD Asset Management
TD Asset Management Toronto, Ontario, Canada $123B AUM 34.51% 1-Year Est. Return
Massachusetts Financial Services
Massachusetts Financial Services Boston, Massachusetts $298B AUM 21.96% 1-Year Est. Return

Horizon Kinetics Asset Management's WPM Position: Q1 2026 in Review

Horizon Kinetics Asset Management reduced its Wheaton Precious Metals (WPM) stake by 29% in Q1 2026, selling an estimated $102M and leaving 1,761,519 shares worth $231M. The position accounts for 2.5% of the portfolio, ranked #5.

Horizon Kinetics Asset Management first reported a position in WPM in Q1 2019 and has held it in 29 quarters since. The position peaked at $312M in Q3 2025. 851 funds tracked by Wall St. Rank hold WPM as of Q1 2026.

  • Horizon Kinetics Asset Management held 1,761,519 shares of Wheaton Precious Metals worth $231M as of Q1 2026.
  • Horizon Kinetics Asset Management sold 731,999 Wheaton Precious Metals shares in Q1 2026, an estimated $102M.
  • Wheaton Precious Metals made up 2.5% of Horizon Kinetics Asset Management's portfolio in Q1 2026, its #5 holding.
  • Horizon Kinetics Asset Management first reported a position in Wheaton Precious Metals in Q1 2019 and has held it in 29 quarters since.
  • Horizon Kinetics Asset Management's Wheaton Precious Metals position peaked at $312M in Q3 2025.
  • 851 funds tracked by Wall St. Rank held Wheaton Precious Metals as of Q1 2026.

Based on Horizon Kinetics Asset Management's 13F filing for Q1 2026, filed 15 May 2026.