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Moerus Capital Management’s Wheaton Precious Metals WPM Stock Holding History

Moerus Capital 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 		$30.7M Sell
234,645
-73,257
-24% -$10.2M 11.35% 5
2025
Q4 		$36.2M Sell
307,902
-90,445
-23% -$9.68M 15.6% 2
2025
Q3 		$44.6M Sell
398,347
-89,807
-18% -$8.78M 18.11% 1
2025
Q2 		$43.8M Sell
488,154
-221,038
-31% -$18.6M 18.71% 1
2025
Q1 		$55.1M Sell
709,192
-4,923
-0.7% -$328K 24.63% 1
2024
Q4 		$40.2M Sell
714,115
-79,609
-10% -$4.93M 14.66% 3
2024
Q3 		$48.5M Sell
793,724
-75,224
-9% -$4.47M 17.8% 2
2024
Q2 		$45.6M Buy
868,948
+32,558
+4% +$1.74M 16.44% 2
2024
Q1 		$39.4M Buy
836,390
+38,536
+5% +$1.74M 12.36% 2
2023
Q4 		$39.4M Hold
797,854
– – 11.85% 2
2023
Q3 		$32.4M Sell
797,854
-99,121
-11% -$4.27M 10.68% 5
2023
Q2 		$38.8M Sell
896,975
-21,459
-2% -$1.02M 11.35% 4
2023
Q1 		$44.2M Sell
918,434
-80,102
-8% -$3.5M 13.39% 3
2022
Q4 		$39M Buy
998,536
+52,931
+6% +$1.91M 11.74% 4
2022
Q3 		$30.6M Buy
945,605
+5,705
+0.6% +$187K 13.01% 4
2022
Q2 		$33.9M Buy
939,900
+132,480
+16% +$5.75M 11.95% 4
2022
Q1 		$38.4M Buy
807,420
+230,890
+40% +$10M 10.64% 5
2021
Q4 		$24.8M Buy
576,530
+195,696
+51% +$8.06M 10.77% 5
2021
Q3 		$14.3M Buy
380,834
+85,193
+29% +$3.72M 6.64% 8
2021
Q2 		$13M Buy
295,641
+24,355
+9% +$1.08M 5.98% 7
2021
Q1 		$10.4M Sell
271,286
-32,856
-11% -$1.3M 3.88% 8
2020
Q4 		$12.7M Buy
304,142
+1,211
+0.4% +$54.1K 4.97% 8
2020
Q3 		$14.9M Buy
302,931
+8,447
+3% +$431K 7.25% 8
2020
Q2 		$13M Sell
294,484
-209,755
-42% -$8.25M 7.22% 8
2020
Q1 		$13.9M Buy
504,239
+69,842
+16% +$2.02M 6.78% 9
2019
Q4 		$12.9M Sell
434,397
-21,532
-5% -$589K 4.18% 10
2019
Q3 		$12M Sell
455,929
-63,963
-12% -$1.72M 4.07% 10
2019
Q2 		$12.6M Sell
519,892
-1,510
-0.3% -$33.5K 3.9% 10
2019
Q1 		$12.4M Buy
521,402
+51,995
+11% +$1.11M 3.68% 11
2018
Q4 		$9.17M Buy
+469,407
New +$8M 2.99% 12

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

Moerus Capital Management's WPM Position: Q1 2026 in Review

Moerus Capital Management reduced its Wheaton Precious Metals (WPM) stake by 24% in Q1 2026, selling an estimated $10.2M and leaving 234,645 shares worth $30.7M. The position accounts for 11.35% of the portfolio, ranked #5.

Moerus Capital Management first reported a position in WPM in Q4 2018 and has held it in 30 quarters since. The position peaked at $55.1M in Q1 2025. 852 funds tracked by Wall St. Rank hold WPM as of Q1 2026.

  • Moerus Capital Management held 234,645 shares of Wheaton Precious Metals worth $30.7M as of Q1 2026.
  • Moerus Capital Management sold 73,257 Wheaton Precious Metals shares in Q1 2026, an estimated $10.2M.
  • Wheaton Precious Metals made up 11.35% of Moerus Capital Management's portfolio in Q1 2026, its #5 holding.
  • Moerus Capital Management first reported a position in Wheaton Precious Metals in Q4 2018 and has held it in 30 quarters since.
  • Moerus Capital Management's Wheaton Precious Metals position peaked at $55.1M in Q1 2025.
  • 852 funds tracked by Wall St. Rank held Wheaton Precious Metals as of Q1 2026.

Based on Moerus Capital Management's 13F filing for Q1 2026, filed 14 May 2026.