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Wheaton Precious Metals
WPM

550 hedge funds and large institutions have $14.6B invested in Wheaton Precious Metals in 2024 Q2 according to their latest regulatory filings, with 84 funds opening new positions, 184 increasing their positions, 176 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

122% more call options, than puts

Call options by funds: $236M | Put options by funds: $106M

100% more first-time investments, than exits

New positions opened: 84 | Existing positions closed: 42

38% more funds holding in top 10

Funds holding in top 10: 8 → 11 (+3)

12% more capital invested

Capital invested by funds: $13.1B → $14.6B (+$1.54B)

6% more funds holding

Funds holding: 517 → 550 (+33)

5% more repeat investments, than reductions

Existing positions increased: 184 | Existing positions reduced: 176

0.54% more ownership

Funds ownership: 60.77% → 61.31% (+0.54%)

Holders
550
Holders Change
+33
Holders Change %
+6.38%
% of All Funds
7.94%
Holding in Top 10
11
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+37.5%
% of All Funds
0.16%
New
84
Increased
184
Reduced
176
Closed
42
Calls
$236M
Puts
$106M
Net Calls
+$130M
Net Calls Change
-$106M

Top Buyers

1
Capital World Investors
Capital World Investors
California
+$472M
2
UBS AM
UBS AM
Illinois
+$94.6M
3
AT
AMF Tjänstepension
Sweden
+$73.6M
4
B
Barings
North Carolina
+$66.7M
5
TD Asset Management
TD Asset Management
Ontario, Canada
+$58.4M

Top Sellers

1
Mirae Asset Global Investments
Mirae Asset Global Investments
South Korea
-$273M
2
CF
Canoe Financial
Alberta, Canada
-$85.5M
3
Sumitomo Mitsui Trust Group
Sumitomo Mitsui Trust Group
Japan
-$65.8M
4
National Bank of Canada
National Bank of Canada
Quebec, Canada
-$62.9M
5
Fidelity Investments
Fidelity Investments
Massachusetts
-$45.3M
Name Holding Trade Value Shares
Change 		Change in
Stake
Capital World Investors
1
Capital World Investors
California
$2.06B +$472M +8,824,170 +29%
First Eagle Investment Management
2
First Eagle Investment Management
New York
$1.11B -$15.9M -297,526 -1%
VanEck Associates
3
VanEck Associates
New York
$1.05B +$10.6M +197,426 +1%
Vanguard Group
4
Vanguard Group
Pennsylvania
$896M +$17M +318,065 +2%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$575M -$45.3M -846,567 -7%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$464M -$31.7M -592,493 -6%
Fidelity International
7
Fidelity International
Bermuda
$456M +$10.2M +190,486 +2%
Norges Bank
8
Norges Bank
Norway
$437M +$1.11M +20,832 +0.3%
Massachusetts Financial Services
9
Massachusetts Financial Services
Massachusetts
$396M -$2.02M -37,736 -0.5%
T. Rowe Price Associates
10
T. Rowe Price Associates
Maryland
$342M -$42M -784,937 -11%
TD Asset Management
11
TD Asset Management
Ontario, Canada
$312M +$58.4M +1,092,480 +22%
Neuberger Berman Group
12
Neuberger Berman Group
New York
$272M +$5.57M +104,133 +2%
Mirae Asset Global ETFs Holdings
13
Mirae Asset Global ETFs Holdings
Hong Kong
$260M +$265M +4,962,776 New
Bank of America
14
Bank of America
North Carolina
$257M +$347K +6,487 +0.1%
Bank of Montreal
15
Bank of Montreal
Ontario, Canada
$195M -$21.5M -401,359 -10%
Connor, Clark & Lunn Investment Management (CC&L)
16
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$195M +$8.76M +163,828 +5%
CIBC World Market
17
CIBC World Market
Ontario, Canada
$187M +$5.83M +108,976 +3%
Deutsche Bank
18
Deutsche Bank
Germany
$175M -$14.9M -278,474 -8%
Legal & General Group
19
Legal & General Group
United Kingdom
$159M +$5.94M +111,170 +4%
Morgan Stanley
20
Morgan Stanley
New York
$156M +$39.2M +732,510 +33%
Manulife (Manufacturers Life Insurance)
21
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$148M -$9.43M -176,309 -6%
JP Morgan Chase
22
JP Morgan Chase
New York
$146M -$27.1M -507,274 -15%
HKAM
23
Horizon Kinetics Asset Management
New York
$145M +$4.09M +76,517 +3%
BlackRock
24
BlackRock
New York
$133M -$22.8M -426,552 -14%
Mackenzie Financial
25
Mackenzie Financial
Ontario, Canada
$129M -$19.9M -372,846 -13%
1
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WPM Hedge Fund Activity: Q2 2024 in Review

550 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Wheaton Precious Metals (WPM) for Q2 2024, worth a combined $14.6B — up 12% from $13.1B a quarter earlier.

Buyers outnumbered sellers: 84 funds opened new WPM positions and 42 closed out — a net gain of 42 holders — while 184 added to existing stakes and 176 trimmed.

The largest buyer was Capital World Investors, adding an estimated $472M. The largest seller was Mirae Asset Global Investments, exiting entirely with an estimated $273M sold.

  • 550 institutional investors held Wheaton Precious Metals (WPM) as of Q2 2024, up from 517 in Q1 2024.
  • Funds reported $14.6B of Wheaton Precious Metals stock for Q2 2024, up 12% quarter-over-quarter.
  • 84 funds opened new Wheaton Precious Metals positions in Q2 2024 and 42 closed out, a net change of +42 holders.
  • The largest Wheaton Precious Metals buyer in Q2 2024 was Capital World Investors, an estimated $472M added.
  • The largest Wheaton Precious Metals seller in Q2 2024 was Mirae Asset Global Investments, an estimated $273M sold.

Based on aggregated 13F filings for Q2 2024.