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Wheaton Precious Metals

327 hedge funds and large institutions have $4.35B invested in Wheaton Precious Metals in 2018 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 101 increasing their positions, 123 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

4.37% more ownership

Funds ownership: 51.68%56.05% (+4.4%)

2% less funds holding

Funds holding: 334327 (-7)

10% less first-time investments, than exits

New positions opened: 36 | Existing positions closed: 40

17% less funds holding in top 10

Funds holding in top 10: 65 (-1)

18% less repeat investments, than reductions

Existing positions increased: 101 | Existing positions reduced: 123

18% less capital invested

Capital invested by funds: $5.3B → $4.35B (-$952M)

34% less call options, than puts

Call options by funds: $45.8M | Put options by funds: $69.2M

Holders
327
Holders Change
-7
Holders Change %
-2.1%
% of All Funds
7.48%
Holding in Top 10
5
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-16.67%
% of All Funds
0.11%
New
36
Increased
101
Reduced
123
Closed
40
Calls
$45.8M
Puts
$69.2M
Net Calls
-$23.4M
Net Calls Change
-$17.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Franklin Resources
1
Franklin Resources
California
$717M -$35.7M -1,863,191 -4%
First Eagle Investment Management
2
First Eagle Investment Management
New York
$493M +$19.8M +1,034,124 +4%
VanEck Associates
3
VanEck Associates
New York
$415M +$65M +3,389,336 +17%
Vanguard Group
4
Vanguard Group
Pennsylvania
$212M +$5.75M +299,591 +3%
CG
5
Carmignac Gestion
France
$182M -$56M -2,919,693 -22%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$146M +$17.5M +910,114 +12%
Bank of Montreal
7
Bank of Montreal
Ontario, Canada
$142M -$19.4M -1,012,540 -11%
Fidelity International
8
Fidelity International
Bermuda
$110M +$52.5M +2,735,450 +77%
RL
9
Ruffer LLP
United Kingdom
$108M +$79.4M +4,139,289 +158%
Deutsche Bank
10
Deutsche Bank
Germany
$106M +$12.5M +653,923 +12%
Norges Bank
11
Norges Bank
Norway
$74.1M +$12.4M +644,196 +18%
CIBC World Market
12
CIBC World Market
Ontario, Canada
$63.7M -$10.3M -538,345 -13%
Swiss National Bank
13
Swiss National Bank
Switzerland
$59.5M -$9.32M -485,800 -12%
TAM
14
Tocqueville Asset Management
New York
$56.1M +$1.23M +63,900 +2%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$55.9M -$1.64M -85,730 -3%
KGI
16
Kopernik Global Investors
Florida
$55.5M +$8.52K +444 +0%
Fidelity Investments
17
Fidelity Investments
Massachusetts
$52.7M +$11.6M +605,052 +25%
HK
18
Horizon Kinetics
New York
$52.2M -$1.19M -61,993 -2%
Toronto Dominion Bank
19
Toronto Dominion Bank
Ontario, Canada
$49.2M -$2.61M -135,880 -5%
Mirae Asset Global Investments
20
Mirae Asset Global Investments
South Korea
$43.2M +$47.3M +2,466,987 New
Goldman Sachs
21
Goldman Sachs
New York
$36.7M +$12.8M +668,009 +47%
JP Morgan Chase
22
JP Morgan Chase
New York
$36.4M +$34.1M +1,776,164 +589%
AIMCA
23
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$35.3M -$1.43M -74,400 -4%
CS
24
Credit Suisse
Switzerland
$32.4M +$99.4K +5,183 +0.3%
Assenagon Asset Management
25
Assenagon Asset Management
Luxembourg
$31.1M +$18.7M +977,222 +122%

WPM Hedge Fund Activity: Q3 2018 in Review

327 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Wheaton Precious Metals (WPM) for Q3 2018, worth a combined $4.35B — down 18% from $5.3B a quarter earlier.

Sellers outnumbered buyers: 40 funds closed out of WPM and 36 opened new positions — a net loss of 4 holders — while 123 trimmed existing stakes and 101 added.

The largest buyer was Ruffer LLP, adding an estimated $79.4M. The largest seller was Carmignac Gestion, cutting an estimated $56M.

  • 327 institutional investors held Wheaton Precious Metals (WPM) as of Q3 2018, down from 334 in Q2 2018.
  • Funds reported $4.35B of Wheaton Precious Metals stock for Q3 2018, down 18% quarter-over-quarter.
  • 36 funds opened new Wheaton Precious Metals positions in Q3 2018 and 40 closed out, a net change of -4 holders.
  • The largest Wheaton Precious Metals buyer in Q3 2018 was Ruffer LLP, an estimated $79.4M added.
  • The largest Wheaton Precious Metals seller in Q3 2018 was Carmignac Gestion, an estimated $56M sold.

Based on aggregated 13F filings for Q3 2018.