Wheaton Precious Metals
661 hedge funds and large institutions have $22.4B invested in Wheaton Precious Metals in 2025 Q1 according to their latest regulatory filings, with 91 funds opening new positions, 215 increasing their positions, 223 reducing their positions, and 45 closing their positions.
162% more call options, than puts
Call options by funds: $356M | Put options by funds: $136M
102% more first-time investments, than exits
New positions opened: 91 | Existing positions closed: 45
54% more funds holding in top 10
Funds holding in top 10: 13 → 20 (+7)
33% more capital invested
Capital invested by funds: $16.8B → $22.4B (+$5.53B)
6% more funds holding
Funds holding: 625 → 661 (+36)
0.59% more ownership
Funds ownership: 62.81% → 63.4% (+0.59%)
4% less repeat investments, than reductions
Existing positions increased: 215 | Existing positions reduced: 223
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$145M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$109M |
| 3 |
Goldman Sachs
New York
|
+$94.4M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$54.6M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$51.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$197M |
| 2 |
VanEck Associates
New York
|
-$153M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$51.2M |
| 4 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
-$32.3M |
| 5 |
First Eagle Investment Management
New York
|
-$31.1M |
WPM Hedge Fund Activity: Q1 2025 in Review
661 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Wheaton Precious Metals (WPM) for Q1 2025, worth a combined $22.4B — up 33% from $16.8B a quarter earlier.
Buyers outnumbered sellers: 91 funds opened new WPM positions and 45 closed out — a net gain of 46 holders — while 215 added to existing stakes and 223 trimmed.
The largest buyer was Capital International Investors, adding an estimated $145M. The largest seller was T. Rowe Price Associates, cutting an estimated $197M.
- 661 institutional investors held Wheaton Precious Metals (WPM) as of Q1 2025, up from 625 in Q4 2024.
- Funds reported $22.4B of Wheaton Precious Metals stock for Q1 2025, up 33% quarter-over-quarter.
- 91 funds opened new Wheaton Precious Metals positions in Q1 2025 and 45 closed out, a net change of +46 holders.
- The largest Wheaton Precious Metals buyer in Q1 2025 was Capital International Investors, an estimated $145M added.
- The largest Wheaton Precious Metals seller in Q1 2025 was T. Rowe Price Associates, an estimated $197M sold.
Based on aggregated 13F filings for Q1 2025.