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Wheaton Precious Metals

513 hedge funds and large institutions have $11B invested in Wheaton Precious Metals in 2022 Q4 according to their latest regulatory filings, with 89 funds opening new positions, 173 increasing their positions, 170 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

187% more first-time investments, than exits

New positions opened: 89 | Existing positions closed: 31

30% more capital invested

Capital invested by funds: $8.48B → $11B (+$2.54B)

11% more funds holding

Funds holding: 461513 (+52)

11% more call options, than puts

Call options by funds: $286M | Put options by funds: $258M

9% more funds holding in top 10

Funds holding in top 10: 1112 (+1)

1.81% more ownership

Funds ownership: 58.67%60.48% (+1.8%)

2% more repeat investments, than reductions

Existing positions increased: 173 | Existing positions reduced: 170

Holders
513
Holders Change
+52
Holders Change %
+11.28%
% of All Funds
8.25%
Holding in Top 10
12
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+9.09%
% of All Funds
0.19%
New
89
Increased
173
Reduced
170
Closed
31
Calls
$286M
Puts
$258M
Net Calls
+$27.3M
Net Calls Change
+$25.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Legal & General Group
26
Legal & General Group
United Kingdom
$107M -$11.6M -320,116 -10%
KGI
27
Kopernik Global Investors
Florida
$103M +$26.6M +736,154 +39%
Manulife (Manufacturers Life Insurance)
28
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$103M -$830K -22,958 -0.9%
TD Asset Management
29
TD Asset Management
Ontario, Canada
$100M -$3.07M -85,022 -3%
APG Asset Management
30
APG Asset Management
Netherlands
$95.7M -$4.42M -122,255 -5%
Mackenzie Financial
31
Mackenzie Financial
Ontario, Canada
$95M +$11.5M +317,016 +15%
Invesco
32
Invesco
Georgia
$90M +$2.48M +68,564 +3%
OAG
33
Orbis Allan Gray
Bermuda
$84.7M +$39M +1,077,818 +99%
Swiss National Bank
34
Swiss National Bank
Switzerland
$74.4M -$4.56M -126,000 -6%
DekaBank Deutsche Girozentrale
35
DekaBank Deutsche Girozentrale
Germany
$72.9M +$743K +20,547 +1%
Morgan Stanley
36
Morgan Stanley
New York
$72.8M -$34.5M -953,100 -34%
JP Morgan Chase
37
JP Morgan Chase
New York
$70.6M -$5.23M -144,775 -7%
CS
38
Credit Suisse
Switzerland
$64.5M +$9.41M +260,149 +19%
DMIC
39
Dixon Mitchell Investment Counsel
British Columbia, Canada
$60.8M +$1.52M +41,971 +3%
Toronto Dominion Bank
40
Toronto Dominion Bank
Ontario, Canada
$60.3M -$1.29M -35,693 -2%
GCC
41
Guardian Capital (Canada)
Ontario, Canada
$60.1M -$904K -25,003 -2%
Natixis Advisors
42
Natixis Advisors
Massachusetts
$58.2M -$2.33M -64,520 -4%
Geode Capital Management
43
Geode Capital Management
Massachusetts
$57.7M -$404K -11,179 -0.8%
DS
44
Dudley & Shanley
Florida
$56.4M -$50.6K -1,400 -0.1%
Sumitomo Mitsui Trust Group
45
Sumitomo Mitsui Trust Group
Japan
$55.1M -$432K -11,949 -0.8%
NIMI
46
Natixis Investment Managers International
France
$52.4M
GF
47
Gabelli Funds
New York
$46.8M +$3.05M +84,500 +8%
AIMCA
48
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$44.5M -$7.69M -212,800 -16%
Ameriprise
49
Ameriprise
Minnesota
$43.2M +$1.49M +41,081 +4%
Goldman Sachs
50
Goldman Sachs
New York
$42.9M +$12M +333,147 +44%

WPM Hedge Fund Activity: Q4 2022 in Review

513 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Wheaton Precious Metals (WPM) for Q4 2022, worth a combined $11B — up 30% from $8.48B a quarter earlier.

Buyers outnumbered sellers: 89 funds opened new WPM positions and 31 closed out — a net gain of 58 holders — while 173 added to existing stakes and 170 trimmed.

The largest buyer was National Bank of Canada, adding an estimated $106M. The largest seller was Two Sigma Investments, cutting an estimated $66.4M.

  • 513 institutional investors held Wheaton Precious Metals (WPM) as of Q4 2022, up from 461 in Q3 2022.
  • Funds reported $11B of Wheaton Precious Metals stock for Q4 2022, up 30% quarter-over-quarter.
  • 89 funds opened new Wheaton Precious Metals positions in Q4 2022 and 31 closed out, a net change of +58 holders.
  • The largest Wheaton Precious Metals buyer in Q4 2022 was National Bank of Canada, an estimated $106M added.
  • The largest Wheaton Precious Metals seller in Q4 2022 was Two Sigma Investments, an estimated $66.4M sold.

Based on aggregated 13F filings for Q4 2022.