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Wheaton Precious Metals

685 hedge funds and large institutions have $26.2B invested in Wheaton Precious Metals in 2025 Q2 according to their latest regulatory filings, with 87 funds opening new positions, 219 increasing their positions, 253 reducing their positions, and 54 closing their positions.

New
Increased
Maintained
Reduced
Closed

71% more call options, than puts

Call options by funds: $302M | Put options by funds: $176M

61% more first-time investments, than exits

New positions opened: 87 | Existing positions closed: 54

17% more capital invested

Capital invested by funds: $22.4B → $26.2B (+$3.79B)

4% more funds holding

Funds holding: 661685 (+24)

0.7% more ownership

Funds ownership: 63.4%64.11% (+0.7%)

5% less funds holding in top 10

Funds holding in top 10: 2019 (-1)

13% less repeat investments, than reductions

Existing positions increased: 219 | Existing positions reduced: 253

Holders
685
Holders Change
+24
Holders Change %
+3.63%
% of All Funds
9.02%
Holding in Top 10
19
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-5%
% of All Funds
0.25%
New
87
Increased
219
Reduced
253
Closed
54
Calls
$302M
Puts
$176M
Net Calls
+$126M
Net Calls Change
-$94.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Carson Wealth (CWM LLC)
551
Carson Wealth (CWM LLC)
Nebraska
$243K -$10.6K -126 -4%
SWIM
552
Smallwood Wealth Investment Management
New Jersey
$242K
SCP
553
Sivia Capital Partners
California
$239K +$224K +2,657 New
AUB
554
Atlantic Union Bankshares
Virginia
$229K +$215K +2,550 New
CP
555
Canopy Partners
Ohio
$228K +$214K +2,537 New
LFM
556
LGT Fund Management
Liechtenstein
$225K +$210K +2,500 New
BAM
557
Berkshire Asset Management
Pennsylvania
$225K -$634K -7,530 -75%
LKIM
558
Lawson Kroeker Investment Management
Nebraska
$225K +$210K +2,500 New
NHFG
559
New Harbor Financial Group
Massachusetts
$224K -$111K -1,313 -34%
CAM
560
Cresset Asset Management
Illinois
$224K -$344K -4,087 -62%
CCA
561
Checchi Capital Advisers
California
$224K +$210K +2,492 New
QCM
562
QRG Capital Management
Illinois
$221K -$40.3K -479 -16%
BOSSRA
563
B.O.S.S. Retirement Advisors
Utah
$218K +$204K +2,429 New
IC
564
Iconiq Capital
California
$216K +$203K +2,407 New
MG
565
Mather Group
Illinois
$213K +$198K +2,355 +11,775%
TCA
566
Transcend Capital Advisors
New Jersey
$209K +$196K +2,328 New
CIA
567
Capital Investment Advisors
Georgia
$207K +$194K +2,301 New
SFG
568
Synergy Financial Group
California
$206K +$193K +2,292 New
BJL
569
Brighton Jones LLC
Washington
$205K +$193K +2,288 New
RIM
570
Redwood Investment Management
Arizona
$201K +$188K +2,236 New
MWM
571
MGB Wealth Management
Texas
$201K +$188K +2,233 New
CA
572
Clearstead Advisors
Ohio
$198K
GIM
573
Gold Investment Management
Alberta, Canada
$177K +$589 +7 +0.4%
PWA
574
Physician Wealth Advisors
Utah
$176K
BIG
575
Brooklyn Investment Group
New York
$155K +$32.4K +385 +29%

WPM Hedge Fund Activity: Q2 2025 in Review

685 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Wheaton Precious Metals (WPM) for Q2 2025, worth a combined $26.2B — up 17% from $22.4B a quarter earlier.

Buyers outnumbered sellers: 87 funds opened new WPM positions and 54 closed out — a net gain of 33 holders — while 219 added to existing stakes and 253 trimmed.

The largest buyer was Fidelity International, adding an estimated $250M. The largest seller was Capital World Investors, cutting an estimated $136M.

  • 685 institutional investors held Wheaton Precious Metals (WPM) as of Q2 2025, up from 661 in Q1 2025.
  • Funds reported $26.2B of Wheaton Precious Metals stock for Q2 2025, up 17% quarter-over-quarter.
  • 87 funds opened new Wheaton Precious Metals positions in Q2 2025 and 54 closed out, a net change of +33 holders.
  • The largest Wheaton Precious Metals buyer in Q2 2025 was Fidelity International, an estimated $250M added.
  • The largest Wheaton Precious Metals seller in Q2 2025 was Capital World Investors, an estimated $136M sold.

Based on aggregated 13F filings for Q2 2025.