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Wheaton Precious Metals

603 hedge funds and large institutions have $17.3B invested in Wheaton Precious Metals in 2024 Q3 according to their latest regulatory filings, with 90 funds opening new positions, 204 increasing their positions, 187 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

181% more first-time investments, than exits

New positions opened: 90 | Existing positions closed: 32

61% more call options, than puts

Call options by funds: $230M | Put options by funds: $143M

36% more funds holding in top 10

Funds holding in top 10: 1115 (+4)

18% more capital invested

Capital invested by funds: $14.6B → $17.3B (+$2.66B)

10% more funds holding

Funds holding: 550603 (+53)

9% more repeat investments, than reductions

Existing positions increased: 204 | Existing positions reduced: 187

0.47% more ownership

Funds ownership: 61.31%61.78% (+0.47%)

Holders
603
Holders Change
+53
Holders Change %
+9.64%
% of All Funds
8.66%
Holding in Top 10
15
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+36.36%
% of All Funds
0.22%
New
90
Increased
204
Reduced
187
Closed
32
Calls
$230M
Puts
$143M
Net Calls
+$86.8M
Net Calls Change
-$43.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Capital World Investors
1
Capital World Investors
California
$2.39B -$6.02M -101,194 -0.3%
VanEck Associates
2
VanEck Associates
New York
$1.3B -$40.6M -682,879 -3%
First Eagle Investment Management
3
First Eagle Investment Management
New York
$1.18B -$105M -1,759,298 -8%
Vanguard Group
4
Vanguard Group
Pennsylvania
$1.06B +$18M +302,855 +2%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$896M +$220M +3,692,594 +34%
Fidelity International
6
Fidelity International
Bermuda
$631M +$97.2M +1,634,051 +19%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$549M +$7.73M +129,954 +1%
Norges Bank
8
Norges Bank
Norway
$513M +$3.59M +60,380 +0.7%
Massachusetts Financial Services
9
Massachusetts Financial Services
Massachusetts
$442M -$18.7M -314,981 -4%
TD Asset Management
10
TD Asset Management
Ontario, Canada
$409M +$34.3M +576,758 +10%
T. Rowe Price Associates
11
T. Rowe Price Associates
Maryland
$333M -$63.5M -1,067,304 -16%
Bank of America
12
Bank of America
North Carolina
$322M +$21.5M +361,230 +7%
Neuberger Berman Group
13
Neuberger Berman Group
New York
$312M -$5.56M -93,554 -2%
Mirae Asset Global ETFs Holdings
14
Mirae Asset Global ETFs Holdings
Hong Kong
$298M -$5.11M -85,957 -2%
CIBC World Market
15
CIBC World Market
Ontario, Canada
$241M +$22.2M +372,577 +10%
Bank of Montreal
16
Bank of Montreal
Ontario, Canada
$214M -$3.77M -63,431 -2%
Manulife (Manufacturers Life Insurance)
17
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$211M +$37.8M +634,843 +23%
Deutsche Bank
18
Deutsche Bank
Germany
$186M -$17.7M -298,269 -9%
National Bank of Canada
19
National Bank of Canada
Quebec, Canada
$179M +$30.6M +513,890 +21%
Morgan Stanley
20
Morgan Stanley
New York
$170M -$11.9M -200,728 -7%
Legal & General Group
21
Legal & General Group
United Kingdom
$170M -$14.8M -248,749 -8%
HKAM
22
Horizon Kinetics Asset Management
New York
$168M -$436K -7,333 -0.3%
JP Morgan Chase
23
JP Morgan Chase
New York
$165M -$4.41M -74,141 -3%
Connor, Clark & Lunn Investment Management (CC&L)
24
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$147M -$77.5M -1,303,528 -35%
CIBC Asset Management
25
CIBC Asset Management
Ontario, Canada
$140M +$13M +218,575 +11%

WPM Hedge Fund Activity: Q3 2024 in Review

603 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Wheaton Precious Metals (WPM) for Q3 2024, worth a combined $17.3B — up 18% from $14.6B a quarter earlier.

Buyers outnumbered sellers: 90 funds opened new WPM positions and 32 closed out — a net gain of 58 holders — while 204 added to existing stakes and 187 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $220M. The largest seller was First Eagle Investment Management, cutting an estimated $105M.

  • 603 institutional investors held Wheaton Precious Metals (WPM) as of Q3 2024, up from 550 in Q2 2024.
  • Funds reported $17.3B of Wheaton Precious Metals stock for Q3 2024, up 18% quarter-over-quarter.
  • 90 funds opened new Wheaton Precious Metals positions in Q3 2024 and 32 closed out, a net change of +58 holders.
  • The largest Wheaton Precious Metals buyer in Q3 2024 was Fidelity Investments, an estimated $220M added.
  • The largest Wheaton Precious Metals seller in Q3 2024 was First Eagle Investment Management, an estimated $105M sold.

Based on aggregated 13F filings for Q3 2024.