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Wheaton Precious Metals

508 hedge funds and large institutions have $11.8B invested in Wheaton Precious Metals in 2023 Q2 according to their latest regulatory filings, with 60 funds opening new positions, 163 increasing their positions, 180 reducing their positions, and 55 closing their positions.

New
Increased
Maintained
Reduced
Closed

43% more call options, than puts

Call options by funds: $219M | Put options by funds: $153M

9% more first-time investments, than exits

New positions opened: 60 | Existing positions closed: 55

1% more funds holding

Funds holding: 505508 (+3)

0.67% less ownership

Funds ownership: 61.28%60.61% (-0.67%)

9% less repeat investments, than reductions

Existing positions increased: 163 | Existing positions reduced: 180

11% less capital invested

Capital invested by funds: $13.4B → $11.8B (-$1.54B)

14% less funds holding in top 10

Funds holding in top 10: 1412 (-2)

Holders
508
Holders Change
+3
Holders Change %
+0.59%
% of All Funds
7.98%
Holding in Top 10
12
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-14.29%
% of All Funds
0.19%
New
60
Increased
163
Reduced
180
Closed
55
Calls
$219M
Puts
$153M
Net Calls
+$65.3M
Net Calls Change
-$169M
Name Holding Trade Value Shares
Change
Change in
Stake
Capital World Investors
1
Capital World Investors
California
$1.38B -$406K -8,544 -0%
First Eagle Investment Management
2
First Eagle Investment Management
New York
$880M +$2.51M +52,746 +0.3%
VanEck Associates
3
VanEck Associates
New York
$825M -$15.4M -323,972 -2%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$756M -$99.8M -2,099,323 -11%
Vanguard Group
5
Vanguard Group
Pennsylvania
$690M +$13.1M +275,348 +2%
Fidelity International
6
Fidelity International
Bermuda
$360M +$73.4M +1,545,370 +23%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$359M -$7.77M -163,561 -2%
Massachusetts Financial Services
8
Massachusetts Financial Services
Massachusetts
$297M -$5.1M -107,413 -2%
Norges Bank
9
Norges Bank
Norway
$284M +$3.3M +69,420 +1%
VNIM
10
Vaughan Nelson Investment Management
Texas
$217M -$33.2M -699,057 -12%
Mirae Asset Global Investments
11
Mirae Asset Global Investments
South Korea
$205M -$43.8M -921,293 -16%
Neuberger Berman Group
12
Neuberger Berman Group
New York
$199M +$73.2M +1,539,905 +50%
Connor, Clark & Lunn Investment Management (CC&L)
13
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$189M -$40.2M -845,468 -16%
BlackRock
14
BlackRock
New York
$170M -$13.3M -280,254 -7%
Bank of Nova Scotia
15
Bank of Nova Scotia
Ontario, Canada
$169M +$3.8M +79,956 +2%
Bank of Montreal
16
Bank of Montreal
Ontario, Canada
$158M -$5.57M -117,199 -3%
Bank of America
17
Bank of America
North Carolina
$152M -$24.5M -516,260 -13%
Deutsche Bank
18
Deutsche Bank
Germany
$150M -$1.09M -22,929 -0.7%
HKAM
19
Horizon Kinetics Asset Management
New York
$144M -$6.13M -128,992 -4%
National Bank of Canada
20
National Bank of Canada
Quebec, Canada
$144M +$3.11M +65,512 +2%
CIBC World Market
21
CIBC World Market
Ontario, Canada
$138M +$2.44M +51,373 +2%
Legal & General Group
22
Legal & General Group
United Kingdom
$127M +$10.4M +218,443 +8%
Mackenzie Financial
23
Mackenzie Financial
Ontario, Canada
$125M +$1.39M +29,231 +1%
TD Asset Management
24
TD Asset Management
Ontario, Canada
$119M +$7.67M +161,500 +6%
OAG
25
Orbis Allan Gray
Bermuda
$118M +$14M +294,200 +12%

WPM Hedge Fund Activity: Q2 2023 in Review

508 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Wheaton Precious Metals (WPM) for Q2 2023, worth a combined $11.8B — down 11% from $13.4B a quarter earlier.

Buyers outnumbered sellers: 60 funds opened new WPM positions and 55 closed out — a net gain of 5 holders — while 163 added to existing stakes and 180 trimmed.

The largest buyer was Fidelity International, adding an estimated $73.4M. The largest seller was Fidelity Investments, cutting an estimated $99.8M.

  • 508 institutional investors held Wheaton Precious Metals (WPM) as of Q2 2023, up from 505 in Q1 2023.
  • Funds reported $11.8B of Wheaton Precious Metals stock for Q2 2023, down 11% quarter-over-quarter.
  • 60 funds opened new Wheaton Precious Metals positions in Q2 2023 and 55 closed out, a net change of +5 holders.
  • The largest Wheaton Precious Metals buyer in Q2 2023 was Fidelity International, an estimated $73.4M added.
  • The largest Wheaton Precious Metals seller in Q2 2023 was Fidelity Investments, an estimated $99.8M sold.

Based on aggregated 13F filings for Q2 2023.