We are live on ! Find out more
WPM icon

Wheaton Precious Metals
WPM

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.

New
Increased
Maintained
Reduced
Closed

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

Holders
661
Holders Change
+36
Holders Change %
+5.76%
% of All Funds
8.86%
Holding in Top 10
20
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+53.85%
% of All Funds
0.27%
New
91
Increased
215
Reduced
223
Closed
45
Calls
$356M
Puts
$136M
Net Calls
+$220M
Net Calls Change
+$139M

Top Buyers

Rank Fund Capital Flow
1
Capital International Investors
Capital International Investors
California
+$145M
2
Capital World Investors
Capital World Investors
California
+$109M
3
Goldman Sachs
Goldman Sachs
New York
+$94.4M
4
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
+$54.6M
5
Canada Pension Plan Investment Board
Canada Pension Plan Investment Board
Ontario, Canada
+$51.2M

Top Sellers

Rank Fund Capital Flow
1
T. Rowe Price Associates
T. Rowe Price Associates
Maryland
-$197M
2
VanEck Associates
VanEck Associates
New York
-$153M
3
Fidelity International
Fidelity International
Bermuda
-$51.2M
4
KGI
Kopernik Global Investors
Florida
-$32.3M
5
First Eagle Investment Management
First Eagle Investment Management
New York
-$31.1M
Name Holding Trade Value Shares
Change 		Change in
Stake
BGC
501
Beutel, Goodman & Co
Ontario, Canada
$271K +$234K +3,500 New
AA
502
Armis Advisers
Georgia
$271K +$216K +3,242 New
SI
503
Seeds Investor
New York
$269K +$231K +3,464 New
QC
504
Quent Capital
New York
$269K -$145K -2,173 -39%
TC
505
TownSquare Capital
Utah
$264K +$227K +3,395 New
FIM
506
Fruth Investment Management
Texas
$260K +$224K +3,350 New
MIM
507
MTM Investment Management
South Carolina
$257K +$224K +3,350 New
Teacher Retirement System of Texas
508
Teacher Retirement System of Texas
Texas
$256K +$220K +3,300 New
WSC
509
Wellington Shields & Co
New York
$256K +$220K +3,300 New
Walleye Capital
510
Walleye Capital
New York
$254K -$2.04M -30,523 -90%
WJWM
511
Williams Jones Wealth Management
New York
$250K +$215K +3,223 New
FIA
512
Foundations Investment Advisors
Arizona
$245K +$211K +3,155 New
BA
513
Bridgewater Advisors
New York
$242K +$197K +2,955 New
IA
514
Integrity Alliance
Iowa
$242K +$208K +3,111 New
KPWS
515
Kestra Private Wealth Services
Texas
$239K +$205K +3,075 New
LTI
516
Laffer Tengler Investments
Tennessee
$239K +$205K +3,073 New
SAM
517
Synergy Asset Management
Washington
$237K +$204K +3,050 New
IWA
518
Icon Wealth Advisors
Texas
$235K – – –
FFN
519
Focus Financial Network
Minnesota
$235K +$202K +3,032 New
WAAG
520
Wealth Alliance Advisory Group
Kansas
$235K +$202K +3,025 New
UPS
521
UHLMANN PRICE SECURITIES
Illinois
$233K +$200K +3,000 New
QCM
522
QRG Capital Management
Illinois
$229K +$197K +2,945 New
HIS
523
Harvest Investment Services
Illinois
$228K +$196K +2,940 New
FFA
524
Farther Finance Advisors
California
$228K +$400 +6 +0.2%
MWM
525
Mission Wealth Management
California
$227K +$195K +2,926 New
19 20
21
22 23

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.