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Wheaton Precious Metals

468 hedge funds and large institutions have $10.6B invested in Wheaton Precious Metals in 2020 Q4 according to their latest regulatory filings, with 85 funds opening new positions, 174 increasing their positions, 128 reducing their positions, and 59 closing their positions.

New
Increased
Maintained
Reduced
Closed

44% more first-time investments, than exits

New positions opened: 85 | Existing positions closed: 59

36% more repeat investments, than reductions

Existing positions increased: 174 | Existing positions reduced: 128

4% more funds holding

Funds holding: 450468 (+18)

1.75% less ownership

Funds ownership: 58.27%56.52% (-1.8%)

18% less capital invested

Capital invested by funds: $12.8B → $10.6B (-$2.27B)

18% less call options, than puts

Call options by funds: $173M | Put options by funds: $211M

53% less funds holding in top 10

Funds holding in top 10: 178 (-9)

Holders
468
Holders Change
+18
Holders Change %
+4%
% of All Funds
8.28%
Holding in Top 10
8
Holding in Top 10 Change
-9
Holding in Top 10 Change %
-52.94%
% of All Funds
0.14%
New
85
Increased
174
Reduced
128
Closed
59
Calls
$173M
Puts
$211M
Net Calls
-$37.9M
Net Calls Change
-$46.8M
Name Holding Trade Value Shares
Change
Change in
Stake
VanEck Associates
1
VanEck Associates
New York
$901M +$76.3M +1,708,205 +9%
Franklin Resources
2
Franklin Resources
California
$887M -$107M -2,386,378 -10%
First Eagle Investment Management
3
First Eagle Investment Management
New York
$676M -$94.9M -2,124,430 -12%
Capital World Investors
4
Capital World Investors
California
$643M +$32.6M +729,245 +5%
Vanguard Group
5
Vanguard Group
Pennsylvania
$553M +$2.03M +45,523 +0.3%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$481M -$16.3M -365,988 -3%
Fidelity Investments
7
Fidelity Investments
Massachusetts
$479M -$164M -3,681,733 -24%
Fidelity International
8
Fidelity International
Bermuda
$364M -$137M -3,057,033 -26%
Bank of Montreal
9
Bank of Montreal
Ontario, Canada
$220M -$18.7M -419,690 -8%
Mirae Asset Global Investments
10
Mirae Asset Global Investments
South Korea
$213M +$28.5M +637,668 +14%
Arrowstreet Capital
11
Arrowstreet Capital
Massachusetts
$201M -$94.5M -2,115,367 -30%
APG Asset Management
12
APG Asset Management
Netherlands
$163M +$61.1M +1,368,411 +40%
Bank of Nova Scotia
13
Bank of Nova Scotia
Ontario, Canada
$158M +$161K +3,609 +0.1%
Manulife (Manufacturers Life Insurance)
14
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$157M -$1.77M -39,707 -1%
Swiss National Bank
15
Swiss National Bank
Switzerland
$150M -$6.69M -149,800 -4%
CG
16
Carmignac Gestion
France
$149M +$1.69M +37,900 +1%
Massachusetts Financial Services
17
Massachusetts Financial Services
Massachusetts
$131M +$140M +3,127,287 +59,206%
TD Asset Management
18
TD Asset Management
Ontario, Canada
$129M +$3.07M +68,799 +2%
Deutsche Bank
19
Deutsche Bank
Germany
$128M +$3.78M +84,611 +3%
Canada Life
20
Canada Life
Manitoba, Canada
$128M +$5.82M +130,327 +4%
CIBC World Market
21
CIBC World Market
Ontario, Canada
$127M +$299K +6,689 +0.2%
RL
22
Ruffer LLP
United Kingdom
$116M +$3.78M +84,570 +3%
Legal & General Group
23
Legal & General Group
United Kingdom
$113M +$15.1M +337,939 +14%
Renaissance Technologies
24
Renaissance Technologies
New York
$109M -$393K -8,795 -0.3%
HKAM
25
Horizon Kinetics Asset Management
New York
$106M -$9.08M -203,336 -7%

WPM Hedge Fund Activity: Q4 2020 in Review

468 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Wheaton Precious Metals (WPM) for Q4 2020, worth a combined $10.6B — down 18% from $12.8B a quarter earlier.

Buyers outnumbered sellers: 85 funds opened new WPM positions and 59 closed out — a net gain of 26 holders — while 174 added to existing stakes and 128 trimmed.

The largest buyer was Massachusetts Financial Services, adding an estimated $140M. The largest seller was Capital International Investors, exiting entirely with an estimated $219M sold.

  • 468 institutional investors held Wheaton Precious Metals (WPM) as of Q4 2020, up from 450 in Q3 2020.
  • Funds reported $10.6B of Wheaton Precious Metals stock for Q4 2020, down 18% quarter-over-quarter.
  • 85 funds opened new Wheaton Precious Metals positions in Q4 2020 and 59 closed out, a net change of +26 holders.
  • The largest Wheaton Precious Metals buyer in Q4 2020 was Massachusetts Financial Services, an estimated $140M added.
  • The largest Wheaton Precious Metals seller in Q4 2020 was Capital International Investors, an estimated $219M sold.

Based on aggregated 13F filings for Q4 2020.