National Bank of Canada
WPM icon

National Bank of Canada’s Wheaton Precious Metals WPM Stock Holding History

National Bank of Canada’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 		$416M Sell
3,175,087
-125,365
-4% -$17.4M 0.37% 53
2025
Q4 		$387M Sell
3,300,452
-563,928
-15% -$60.4M 0.35% 53
2025
Q3 		$431M Sell
3,864,380
-136,496
-3% -$13.3M 0.43% 45
2025
Q2 		$358M Buy
4,000,876
+353,223
+10% +$29.7M 0.34% 57
2025
Q1 		$281M Sell
3,647,653
-115,202
-3% -$7.69M 0.29% 69
2024
Q4 		$212M Buy
3,762,855
+839,453
+29% +$52M 0.22% 93
2024
Q3 		$179M Buy
2,923,402
+513,890
+21% +$30.6M 0.2% 96
2024
Q2 		$126M Sell
2,409,512
-1,175,876
-33% -$62.9M 0.17% 109
2024
Q1 		$197M Buy
3,585,388
+155,726
+5% +$7.03M 0.3% 65
2023
Q4 		$166M Buy
3,429,662
+388,371
+13% +$17.6M 0.27% 82
2023
Q3 		$118M Sell
3,041,291
-276,964
-8% -$11.9M 0.18% 114
2023
Q2 		$144M Buy
3,318,255
+65,512
+2% +$3.11M 0.26% 84
2023
Q1 		$157M Buy
3,252,743
+101,426
+3% +$4.43M 0.39% 49
2022
Q4 		$123M Buy
3,151,317
+2,939,229
+1,386% +$106M 0.31% 66
2022
Q3 		$6.87M Sell
212,088
-426,384
-67% -$14M 0.04% 443
2022
Q2 		$23M Buy
638,472
+453,337
+245% +$19.7M 0.1% 221
2022
Q1 		$8.88M Buy
185,135
+33,767
+22% +$1.47M 0.03% 472
2021
Q4 		$6.49M Buy
+151,368
New +$6.23M 0.02% 485

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

National Bank of Canada's WPM Position: Q1 2026 in Review

National Bank of Canada reduced its Wheaton Precious Metals (WPM) stake by 3.8% in Q1 2026, selling an estimated $17.4M and leaving 3,175,087 shares worth $416M. The position accounts for 0.37% of the portfolio, ranked #53.

National Bank of Canada first reported a position in WPM in Q4 2021 and has held it in 18 quarters since. The position peaked at $431M in Q3 2025. 852 funds tracked by Wall St. Rank hold WPM as of Q1 2026.

  • National Bank of Canada held 3,175,087 shares of Wheaton Precious Metals worth $416M as of Q1 2026.
  • National Bank of Canada sold 125,365 Wheaton Precious Metals shares in Q1 2026, an estimated $17.4M.
  • Wheaton Precious Metals made up 0.37% of National Bank of Canada's portfolio in Q1 2026, its #53 holding.
  • National Bank of Canada first reported a position in Wheaton Precious Metals in Q4 2021 and has held it in 18 quarters since.
  • National Bank of Canada's Wheaton Precious Metals position peaked at $431M in Q3 2025.
  • 852 funds tracked by Wall St. Rank held Wheaton Precious Metals as of Q1 2026.

Based on National Bank of Canada's 13F filing for Q1 2026, filed 15 May 2026.