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Wheaton Precious Metals

748 hedge funds and large institutions have $32B invested in Wheaton Precious Metals in 2025 Q3 according to their latest regulatory filings, with 112 funds opening new positions, 273 increasing their positions, 225 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

167% more first-time investments, than exits

New positions opened: 112 | Existing positions closed: 42

22% more capital invested

Capital invested by funds: $26.2B → $32B (+$5.84B)

21% more repeat investments, than reductions

Existing positions increased: 273 | Existing positions reduced: 225

11% more funds holding in top 10

Funds holding in top 10: 1921 (+2)

9% more funds holding

Funds holding: 685748 (+63)

1.14% less ownership

Funds ownership: 64.11%62.96% (-1.1%)

33% less call options, than puts

Call options by funds: $423M | Put options by funds: $630M

Holders
748
Holders Change
+63
Holders Change %
+9.2%
% of All Funds
9.82%
Holding in Top 10
21
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+10.53%
% of All Funds
0.28%
New
112
Increased
273
Reduced
225
Closed
42
Calls
$423M
Puts
$630M
Net Calls
-$207M
Net Calls Change
-$333M
Name Holding Trade Value Shares
Change
Change in
Stake
Twin Tree Management
751
Twin Tree Management
Texas
-$32.9M -336,323 Closed
QC
752
Quadrature Capital
United Kingdom
-$29.8M -333,400 Closed
Axa
753
Axa
France
-$27.3M -303,721 Closed
LOAME
754
Lombard Odier Asset Management (Europe)
United Kingdom
-$17.3M -193,202 Closed
RL
755
Ruffer LLP
United Kingdom
-$17M -189,484 Closed
CCS
756
Concentric Capital Strategies
Connecticut
-$9.52M -106,008 Closed
OTPPB
757
Ontario Teachers' Pension Plan Board
Ontario, Canada
-$6.85M -76,115 Closed
SC
758
SummitTX Capital
Texas
-$6.27M -69,803 Closed
ZIG
759
Zurich Insurance Group
Switzerland
-$2.74M -30,500 Closed
DS
760
DRW Securities
Illinois
-$2.33M -26,000 Closed
IAN
761
Integrated Advisors Network
Texas
-$2.07M -23,050 Closed
SIM
762
Seaview Investment Managers
Florida
-$1.98M -22,086 Closed
VF
763
Virtu Financial
New York
-$1.88M -20,911 Closed
XT
764
XTX Topco
Cayman Islands
-$1.38M -15,313 Closed
SG Americas Securities
765
SG Americas Securities
New York
-$636K -6,506 Closed
CAU
766
Caxton Associates (UK)
-$511K -5,690 Closed
SSA
767
Schonfeld Strategic Advisors
New York
-$492K -5,476 Closed
FAM
768
Formidable Asset Management
Ohio
-$448K -4,984 Closed
T
769
Tableaux
Massachusetts
-$397K -4,422 Closed
WJWM
770
Williams Jones Wealth Management
New York
-$289K -3,223 Closed
PSP
771
Principal Street Partners
Tennessee
-$286K -3,190 Closed
CM
772
Capula Management
Cayman Islands
-$343K -2,800 Closed
SI
773
SCP Investment
California
-$251K -2,800 Closed
ALAM
774
Asahi Life Asset Management
Japan
-$247K -2,755 Closed
IC
775
Iconiq Capital
California
-$216K -2,407 Closed

WPM Hedge Fund Activity: Q3 2025 in Review

748 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Wheaton Precious Metals (WPM) for Q3 2025, worth a combined $32B — up 22% from $26.2B a quarter earlier.

Buyers outnumbered sellers: 112 funds opened new WPM positions and 42 closed out — a net gain of 70 holders — while 273 added to existing stakes and 225 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $181M. The largest seller was VanEck Associates, cutting an estimated $442M.

  • 748 institutional investors held Wheaton Precious Metals (WPM) as of Q3 2025, up from 685 in Q2 2025.
  • Funds reported $32B of Wheaton Precious Metals stock for Q3 2025, up 22% quarter-over-quarter.
  • 112 funds opened new Wheaton Precious Metals positions in Q3 2025 and 42 closed out, a net change of +70 holders.
  • The largest Wheaton Precious Metals buyer in Q3 2025 was Goldman Sachs, an estimated $181M added.
  • The largest Wheaton Precious Metals seller in Q3 2025 was VanEck Associates, an estimated $442M sold.

Based on aggregated 13F filings for Q3 2025.