Wheaton Precious Metals
505 hedge funds and large institutions have $13.4B invested in Wheaton Precious Metals in 2023 Q1 according to their latest regulatory filings, with 50 funds opening new positions, 166 increasing their positions, 160 reducing their positions, and 49 closing their positions.
131% more call options, than puts
Call options by funds: $414M | Put options by funds: $179M
21% more capital invested
Capital invested by funds: $11B → $13.4B (+$2.35B)
17% more funds holding in top 10
Funds holding in top 10: 12 → 14 (+2)
4% more repeat investments, than reductions
Existing positions increased: 166 | Existing positions reduced: 160
2% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 49
0.8% more ownership
Funds ownership: 60.48% → 61.28% (+0.8%)
2% less funds holding
Funds holding: 513 → 505 (-8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$226M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$68.4M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$44.9M |
| 4 |
Twin Tree Management
Dallas,
Texas
|
+$29M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$26.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$86.8M |
| 2 |
VanEck Associates
New York
|
-$60.3M |
| 3 |
Renaissance Technologies
New York
|
-$35.3M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$34.4M |
| 5 |
AT
AMF Tjänstepension
Stockholm,
Sweden
|
-$27.1M |
WPM Hedge Fund Activity: Q1 2023 in Review
505 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Wheaton Precious Metals (WPM) for Q1 2023, worth a combined $13.4B — up 21% from $11B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new WPM positions and 49 closed out — a net gain of 1 holder — while 166 added to existing stakes and 160 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $226M. The largest seller was Royal Bank of Canada, cutting an estimated $86.8M.
- 505 institutional investors held Wheaton Precious Metals (WPM) as of Q1 2023, down from 513 in Q4 2022.
- Funds reported $13.4B of Wheaton Precious Metals stock for Q1 2023, up 21% quarter-over-quarter.
- 50 funds opened new Wheaton Precious Metals positions in Q1 2023 and 49 closed out, a net change of +1 holder.
- The largest Wheaton Precious Metals buyer in Q1 2023 was Fidelity Investments, an estimated $226M added.
- The largest Wheaton Precious Metals seller in Q1 2023 was Royal Bank of Canada, an estimated $86.8M sold.
Based on aggregated 13F filings for Q1 2023.