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Wheaton Precious Metals

685 hedge funds and large institutions have $26.2B invested in Wheaton Precious Metals in 2025 Q2 according to their latest regulatory filings, with 87 funds opening new positions, 219 increasing their positions, 253 reducing their positions, and 54 closing their positions.

New
Increased
Maintained
Reduced
Closed

71% more call options, than puts

Call options by funds: $302M | Put options by funds: $176M

61% more first-time investments, than exits

New positions opened: 87 | Existing positions closed: 54

17% more capital invested

Capital invested by funds: $22.4B → $26.2B (+$3.79B)

4% more funds holding

Funds holding: 661685 (+24)

0.7% more ownership

Funds ownership: 63.4%64.11% (+0.7%)

5% less funds holding in top 10

Funds holding in top 10: 2019 (-1)

13% less repeat investments, than reductions

Existing positions increased: 219 | Existing positions reduced: 253

Holders
685
Holders Change
+24
Holders Change %
+3.63%
% of All Funds
9.02%
Holding in Top 10
19
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-5%
% of All Funds
0.25%
New
87
Increased
219
Reduced
253
Closed
54
Calls
$302M
Puts
$176M
Net Calls
+$126M
Net Calls Change
-$94.7M
Name Holding Trade Value Shares
Change
Change in
Stake
BEI
451
Benjamin Edwards Inc
Missouri
$468K +$439K +5,215 New
PWM
452
Perigon Wealth Management
California
$466K -$180K -2,136 -29%
ACM
453
Advisors Capital Management
New Jersey
$463K
AWS
454
Atria Wealth Solutions
New York
$460K -$344K -4,086 -44%
AA
455
Armis Advisers
Georgia
$457K +$150K +1,776 +55%
HWM
456
HB Wealth Management
Georgia
$455K +$13.1K +156 +3%
FAM
457
Formidable Asset Management
Ohio
$448K -$202K -2,398 -32%
Brown Advisory
458
Brown Advisory
Maryland
$446K -$2.19K -26 -0.5%
TA
459
TruWealth Advisors
Louisiana
$428K
TWM
460
Tradition Wealth Management
Minnesota
$425K
GIM
461
Glenmede Investment Management
Pennsylvania
$424K +$398K +4,727 New
AC
462
AlphaCore Capital
California
$419K +$393K +4,668 New
FFA
463
Farther Finance Advisors
California
$418K +$142K +1,686 +57%
LFG
464
Larson Financial Group
Missouri
$418K +$263K +3,121 +204%
EI
465
Ethic Inc
New York
$407K +$86.5K +1,027 +28%
CLOS
466
Compagnie Lombard Odier SCmA
Switzerland
$405K +$380K +4,512 New
UAG
467
United Advisor Group
Ohio
$405K -$19.3K -229 -5%
CWS
468
Confluence Wealth Services
Pennsylvania
$403K
VFA
469
Valeo Financial Advisors
Indiana
$401K +$3.45K +41 +0.9%
PP
470
PDS Planning
Ohio
$400K -$4.04K -48 -1%
T
471
Tableaux
Massachusetts
$397K +$372K +4,422 New
FTWA
472
Fifth Third Wealth Advisors
Ohio
$395K
SAM
473
Synergy Asset Management
Washington
$391K +$110K +1,304 +43%
SFS
474
Sowell Financial Services
Arkansas
$387K -$472K -5,602 -57%
BAM
475
Brave Asset Management
New Jersey
$387K

WPM Hedge Fund Activity: Q2 2025 in Review

685 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Wheaton Precious Metals (WPM) for Q2 2025, worth a combined $26.2B — up 17% from $22.4B a quarter earlier.

Buyers outnumbered sellers: 87 funds opened new WPM positions and 54 closed out — a net gain of 33 holders — while 219 added to existing stakes and 253 trimmed.

The largest buyer was Fidelity International, adding an estimated $250M. The largest seller was Capital World Investors, cutting an estimated $136M.

  • 685 institutional investors held Wheaton Precious Metals (WPM) as of Q2 2025, up from 661 in Q1 2025.
  • Funds reported $26.2B of Wheaton Precious Metals stock for Q2 2025, up 17% quarter-over-quarter.
  • 87 funds opened new Wheaton Precious Metals positions in Q2 2025 and 54 closed out, a net change of +33 holders.
  • The largest Wheaton Precious Metals buyer in Q2 2025 was Fidelity International, an estimated $250M added.
  • The largest Wheaton Precious Metals seller in Q2 2025 was Capital World Investors, an estimated $136M sold.

Based on aggregated 13F filings for Q2 2025.