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Wheaton Precious Metals
WPM

517 hedge funds and large institutions have $13.1B invested in Wheaton Precious Metals in 2024 Q1 according to their latest regulatory filings, with 62 funds opening new positions, 165 increasing their positions, 179 reducing their positions, and 76 closing their positions.

New
Increased
Maintained
Reduced
Closed

240% more call options, than puts

Call options by funds: $334M | Put options by funds: $98.4M

8% less repeat investments, than reductions

Existing positions increased: 165 | Existing positions reduced: 179

1.53% less ownership

Funds ownership: 62.3% → 60.77% (-1.5%)

4% less funds holding

Funds holding: 537 → 517 (-20)

6% less capital invested

Capital invested by funds: $13.9B → $13.1B (-$857M)

18% less first-time investments, than exits

New positions opened: 62 | Existing positions closed: 76

33% less funds holding in top 10

Funds holding in top 10: 12 → 8 (-4)

Holders
517
Holders Change
-20
Holders Change %
-3.72%
% of All Funds
7.45%
Holding in Top 10
8
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-33.33%
% of All Funds
0.12%
New
62
Increased
165
Reduced
179
Closed
76
Calls
$334M
Puts
$98.4M
Net Calls
+$236M
Net Calls Change
+$115M

Top Buyers

1
TD Asset Management
TD Asset Management
Ontario, Canada
+$91.2M
2
Federated Hermes
Federated Hermes
Pennsylvania
+$68.7M
3
Mirae Asset Global Investments
Mirae Asset Global Investments
South Korea
+$60.6M
4
Bank of America
Bank of America
North Carolina
+$52.9M
5
T. Rowe Price Associates
T. Rowe Price Associates
Maryland
+$45.6M

Top Sellers

1
VNIM
Vaughan Nelson Investment Management
Texas
-$176M
2
Fidelity Investments
Fidelity Investments
Massachusetts
-$120M
3
Fidelity International
Fidelity International
Bermuda
-$96.5M
4
Morgan Stanley
Morgan Stanley
New York
-$79M
5
Toronto Dominion Bank
Toronto Dominion Bank
Ontario, Canada
-$55.9M
Name Holding Trade Value Shares
Change 		Change in
Stake
Bank of Nova Scotia
26
Bank of Nova Scotia
Ontario, Canada
$123M -$27.3M -605,134 -19%
KGI
27
Kopernik Global Investors
Florida
$113M -$6.13M -135,793 -5%
Amundi
28
Amundi
France
$113M -$13.8M -304,893 -12%
Morgan Stanley
29
Morgan Stanley
New York
$106M -$79M -1,749,242 -44%
Allianz Asset Management
30
Allianz Asset Management
Germany
$93.9M -$232K -5,134 -0.4%
CS
31
Credit Suisse
Switzerland
$91.3M -$411K -9,088 -0.5%
OAG
32
Orbis Allan Gray
Bermuda
$90.6M -$20M -441,886 -19%
CIBC Asset Management
33
CIBC Asset Management
Ontario, Canada
$88.6M +$28.5M +630,596 +50%
Goldman Sachs
34
Goldman Sachs
New York
$87.6M +$22.8M +505,431 +37%
CF
35
Canoe Financial
Alberta, Canada
$85.5M -$1.15M -25,476 -1%
Geode Capital Management
36
Geode Capital Management
Massachusetts
$85.5M +$4.41M +97,584 +6%
Invesco
37
Invesco
Georgia
$84.3M +$610K +13,511 +0.8%
DekaBank Deutsche Girozentrale
38
DekaBank Deutsche Girozentrale
Germany
$76.1M -$2.68M -59,243 -3%
Canada Pension Plan Investment Board
39
Canada Pension Plan Investment Board
Ontario, Canada
$73.6M +$6.9M +152,758 +11%
Federated Hermes
40
Federated Hermes
Pennsylvania
$71.7M +$68.7M +1,520,978 New
APG Asset Management
41
APG Asset Management
Netherlands
$71.5M -$2.26M -49,978 -3%
Renaissance Technologies
42
Renaissance Technologies
New York
$69.4M -$11M -242,600 -14%
DS
43
Dudley & Shanley
Florida
$68.6M +$994K +22,000 +2%
DMIC
44
Dixon Mitchell Investment Counsel
British Columbia, Canada
$65.4M +$1.44M +31,965 +2%
Swiss National Bank
45
Swiss National Bank
Switzerland
$64.4M -$4.72M -104,500 -7%
Sumitomo Mitsui Trust Group
46
Sumitomo Mitsui Trust Group
Japan
$58.3M -$2.41M -53,325 -4%
AC
47
Addenda Capital
Quebec, Canada
$54.7M +$10.7M +237,040 +38%
GF
48
Gabelli Funds
New York
$52.4M -$1.35M -29,945 -3%
KeyBank National Association
49
KeyBank National Association
Ohio
$47M +$1.39M +30,882 +3%
Canada Life
50
Canada Life
Manitoba, Canada
$46.5M +$8.22M +182,048 +23%
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WPM Hedge Fund Activity: Q1 2024 in Review

517 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Wheaton Precious Metals (WPM) for Q1 2024, worth a combined $13.1B — down 6.1% from $13.9B a quarter earlier.

Sellers outnumbered buyers: 76 funds closed out of WPM and 62 opened new positions — a net loss of 14 holders — while 179 trimmed existing stakes and 165 added.

The largest buyer was TD Asset Management, adding an estimated $91.2M. The largest seller was Vaughan Nelson Investment Management, exiting entirely with an estimated $176M sold.

  • 517 institutional investors held Wheaton Precious Metals (WPM) as of Q1 2024, down from 537 in Q4 2023.
  • Funds reported $13.1B of Wheaton Precious Metals stock for Q1 2024, down 6.1% quarter-over-quarter.
  • 62 funds opened new Wheaton Precious Metals positions in Q1 2024 and 76 closed out, a net change of -14 holders.
  • The largest Wheaton Precious Metals buyer in Q1 2024 was TD Asset Management, an estimated $91.2M added.
  • The largest Wheaton Precious Metals seller in Q1 2024 was Vaughan Nelson Investment Management, an estimated $176M sold.

Based on aggregated 13F filings for Q1 2024.