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Wheaton Precious Metals
WPM

537 hedge funds and large institutions have $13.9B invested in Wheaton Precious Metals in 2023 Q4 according to their latest regulatory filings, with 88 funds opening new positions, 169 increasing their positions, 177 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

159% more first-time investments, than exits

New positions opened: 88 | Existing positions closed: 34

85% more call options, than puts

Call options by funds: $263M | Put options by funds: $142M

33% more funds holding in top 10

Funds holding in top 10: 9 → 12 (+3)

23% more capital invested

Capital invested by funds: $11.4B → $13.9B (+$2.56B)

10% more funds holding

Funds holding: 487 → 537 (+50)

0.58% more ownership

Funds ownership: 61.71% → 62.3% (+0.58%)

5% less repeat investments, than reductions

Existing positions increased: 169 | Existing positions reduced: 177

Holders
537
Holders Change
+50
Holders Change %
+10.27%
% of All Funds
7.83%
Holding in Top 10
12
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+33.33%
% of All Funds
0.17%
New
88
Increased
169
Reduced
177
Closed
34
Calls
$263M
Puts
$142M
Net Calls
+$121M
Net Calls Change
+$94.9M

Top Buyers

1
VanEck Associates
VanEck Associates
New York
+$84M
2
Morgan Stanley
Morgan Stanley
New York
+$83.3M
3
CIBC World Market
CIBC World Market
Ontario, Canada
+$42.6M
4
MBI
Montrusco Bolton Investments
Quebec, Canada
+$35.1M
5
JP Morgan Chase
JP Morgan Chase
New York
+$33.5M

Top Sellers

1
Capital World Investors
Capital World Investors
California
-$119M
2
Fidelity Investments
Fidelity Investments
Massachusetts
-$75.3M
3
VNIM
Vaughan Nelson Investment Management
Texas
-$43.7M
4
Bank of Nova Scotia
Bank of Nova Scotia
Ontario, Canada
-$30.6M
5
Mirae Asset Global Investments
Mirae Asset Global Investments
South Korea
-$24.1M
Name Holding Trade Value Shares
Change 		Change in
Stake
Legal & General Group
26
Legal & General Group
United Kingdom
$145M -$854K -18,872 -0.6%
HKAM
27
Horizon Kinetics Asset Management
New York
$145M -$10.8M -238,792 -8%
TD Asset Management
28
TD Asset Management
Ontario, Canada
$141M -$2.57M -56,911 -2%
KGI
29
Kopernik Global Investors
Florida
$125M -$1.86M -41,067 -2%
OAG
30
Orbis Allan Gray
Bermuda
$117M +$325K +7,194 +0.3%
Amundi
31
Amundi
France
$116M +$2.38M +52,663 +2%
CS
32
Credit Suisse
Switzerland
$96M +$3.96M +87,471 +5%
CF
33
Canoe Financial
Alberta, Canada
$90.8M +$2.37M +52,374 +3%
Invesco
34
Invesco
Georgia
$87.5M +$1.32M +29,099 +2%
Renaissance Technologies
35
Renaissance Technologies
New York
$84.7M -$19.1M -421,125 -20%
Geode Capital Management
36
Geode Capital Management
Massachusetts
$84.5M +$2.35M +51,945 +3%
DekaBank Deutsche Girozentrale
37
DekaBank Deutsche Girozentrale
Germany
$84.2M +$619K +13,679 +0.8%
APG Asset Management
38
APG Asset Management
Netherlands
$75.6M -$710K -15,683 -0.9%
Swiss National Bank
39
Swiss National Bank
Switzerland
$72.8M -$2M -44,100 -3%
Toronto Dominion Bank
40
Toronto Dominion Bank
Ontario, Canada
$72.1M -$1.5M -33,165 -2%
DS
41
Dudley & Shanley
Florida
$70.8M -$618K -13,655 -0.9%
Canada Pension Plan Investment Board
42
Canada Pension Plan Investment Board
Ontario, Canada
$69.8M – – –
DMIC
43
Dixon Mitchell Investment Counsel
British Columbia, Canada
$67.2M +$60.1K +1,328 +0.1%
Goldman Sachs
44
Goldman Sachs
New York
$66.7M +$9.33M +206,169 +18%
Sumitomo Mitsui Trust Group
45
Sumitomo Mitsui Trust Group
Japan
$63.9M +$125K +2,773 +0.2%
CIBC Asset Management
46
CIBC Asset Management
Ontario, Canada
$61.9M +$7.47M +165,103 +15%
Allianz Asset Management
47
Allianz Asset Management
Germany
$59.2M +$6.48M +143,270 +14%
Natixis Advisors
48
Natixis Advisors
Massachusetts
$57.9M -$10.5M -232,476 -17%
GF
49
Gabelli Funds
New York
$56.4M -$1.3M -28,800 -2%
BCIM
50
British Columbia Investment Management
British Columbia, Canada
$49.6M -$3M -66,399 -6%
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WPM Hedge Fund Activity: Q4 2023 in Review

537 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Wheaton Precious Metals (WPM) for Q4 2023, worth a combined $13.9B — up 23% from $11.4B a quarter earlier.

Buyers outnumbered sellers: 88 funds opened new WPM positions and 34 closed out — a net gain of 54 holders — while 169 added to existing stakes and 177 trimmed.

The largest buyer was VanEck Associates, adding an estimated $84M. The largest seller was Capital World Investors, cutting an estimated $119M.

  • 537 institutional investors held Wheaton Precious Metals (WPM) as of Q4 2023, up from 487 in Q3 2023.
  • Funds reported $13.9B of Wheaton Precious Metals stock for Q4 2023, up 23% quarter-over-quarter.
  • 88 funds opened new Wheaton Precious Metals positions in Q4 2023 and 34 closed out, a net change of +54 holders.
  • The largest Wheaton Precious Metals buyer in Q4 2023 was VanEck Associates, an estimated $84M added.
  • The largest Wheaton Precious Metals seller in Q4 2023 was Capital World Investors, an estimated $119M sold.

Based on aggregated 13F filings for Q4 2023.