Vault-13

WEST FRASER TIMBER CO LTD WFG

COM · Common Stock · CUSIP 952845105 · ISIN CA9528451052

199 institutional holders +4 vs Q1 2023
30,938,08530.9m shares reported held*
$2.7bnreported value*
25 new 68 added 76 reduced 23 sold out net bought ≈ $24.1m (+287.8k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($6.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $86.58. Options: 11 managers hold calls ($21.8m notional), 9 hold puts ($10.5m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 182Q4 22: 199Q1 23: 195Q2 23: 199199Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022182
Q4 2022199
Q1 2023195
Q2 2023199

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q4 22: 78 bought or addedQ4 22: 112 cut or sold outQ4 22Q1 23: 92 bought or addedQ1 23: 103 cut or sold outQ1 23Q2 23: 93 bought or addedQ2 23: 99 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 202278112
Q1 202392103
Q2 20239399

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$10m$20m$30mQ3 22 calls: $18.5mQ3 22 puts: $15.9mQ3 22P/C 0.86Q4 22 calls: $7.4mQ4 22 puts: $5.0mQ4 22P/C 0.67Q1 23 calls: $17.0mQ1 23 puts: $14.1mQ1 23P/C 0.83Q2 23 calls: $21.8mQ2 23 puts: $10.5mQ2 23P/C 0.48
Numbers
QuarterCallsPutsP/C
Q3 2022$18.5m$15.9m0.86
Q4 2022$7.4m$5.0m0.67
Q1 2023$17.0m$14.1m0.83
Q2 2023$21.8m$10.5m0.48

Biggest buyers

BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp Added +776,605+776.6k
Connor, Clark & Lunn Investment Management Ltd. Added +315,758+315.8k
BANK OF AMERICA CORP /DE/ Added +196,392+196.4k
PRICE T ROWE ASSOCIATES INC /MD/ Added +183,346+183.3k
ROYAL BANK OF CANADA Added +181,592+181.6k
Appian Way Asset Management LP Added +174,220+174.2k
1832 Asset Management L.P. Added +143,231+143.2k
KGH Ltd Added +125,000+125.0k
Balyasny Asset Management L.P. Added +98,741+98.7k
MANUFACTURERS LIFE INSURANCE COMPANY, THE Added +97,844+97.8k

Biggest sellers

Skandinaviska Enskilda Banken AB (publ) Reduced -440,703-440.7k
FMR LLC Reduced -320,342-320.3k
MORGAN STANLEY Reduced -239,411-239.4k
GUARDIAN CAPITAL LP Sold out -205,415-205.4k
MACKENZIE FINANCIAL CORP Reduced -123,875-123.9k
MILLENNIUM MANAGEMENT LLC Reduced -114,777-114.8k
SCOPUS ASSET MANAGEMENT, L.P. Reduced -114,000-114.0k
GOLDMAN SACHS GROUP INC Reduced -108,601-108.6k
BANK OF MONTREAL /CAN/ Reduced -96,078-96.1k
Hudson Bay Capital Management LP Reduced -87,341-87.3k

Biggest calls

CIBC WORLD MARKET INC. New $7.8m91.0k shares
Point72 Asset Management, L.P. New $6.4m75.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $2.1m24.1k shares
SIG North Trading, ULC Added $1.7m20.2k shares
BANK OF MONTREAL /CAN/ New $1.7m20.0k shares
CITADEL ADVISORS LLC Reduced $885.6k10.3k shares
GROUP ONE TRADING LLC New $696.4k8.1k shares
D. E. Shaw & Co., Inc. Reduced $257.7k3.0k shares
ROYAL BANK OF CANADA Reduced $172.0k2.0k shares
SIMPLEX TRADING, LLC Reduced $17.0k200 shares

Biggest puts

BANK OF MONTREAL /CAN/ New $3.4m40.0k shares
SIG North Trading, ULC Added $3.4m39.7k shares
CITADEL ADVISORS LLC Reduced $1.6m18.7k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.3m15.4k shares
ASAHI LIFE ASSET MANAGEMENT CO., LTD. New $297.6k3.5k shares
ROYAL BANK OF CANADA Reduced $215.0k2.5k shares
SIMPLEX TRADING, LLC Added $128.0k1.5k shares
GROUP ONE TRADING LLC New $68.8k800 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
FIL Ltd 13G · institution +3.6 pts · filed 2025-09-08 11.5% +3.6 pts 8.8m≈ $597.0m 2025-09-08

Insider purchases and sales in Q2 2023

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q2 2023.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 PICTET ASSET MANAGEMENT SA 0.38% of their portfolio GENEVA 73, V8 3,686,9913.7m $317.1m $317.1m 0.38% Reduced -31.7k -31,685
2 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 2,745,6422.7m $236.1m $236.1m 0.01% Added +46.0k +46,023
3 ROYAL BANK OF CANADA 0.05% of their portfolio TORONTO, A6 2,128,3752.1m $183.0m $183.0m 0.05% Added +181.6k +181,592
4 BANK OF MONTREAL /CAN/ 0.06% of their portfolio TORONTO, A6 1,757,5901.8m $151.1m $151.1m 0.06% Reduced -96.1k -96,078
5 FMR LLC 0.01% of their portfolio BOSTON, MA 1,198,1261.2m $102.9m $102.9m 0.01% Reduced -320.3k -320,342
6 LETKO, BROSSEAU & ASSOCIATES INC 1.79% of their portfolio MONTREAL, A8 1,119,5341.1m $96.3m $96.3m 1.79% Reduced -2.1k -2,052
7 NORGES BANK 0.02% of their portfolio OSLO, Q8 951,113951.1k $81.7m $81.7m 0.02% Reduced -64.5k -64,467
8 Connor, Clark & Lunn Investment Management Ltd. 0.40% of their portfolio VANCOUVER, A1 922,504922.5k $79.2m $79.2m 0.40% Added +315.8k +315,758
9 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.73% of their portfolio VICTORIA, A1 906,254906.3k $77.8m $77.8m 0.73% Added +776.6k +776,605
10 PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio BALTIMORE, MD 879,983880.0k $75.7m $75.7m 0.01% Added +183.3k +183,346
11 MACKENZIE FINANCIAL CORP 0.10% of their portfolio TORONTO ONTARIO, A6 726,153726.2k $62.4m $62.4m 0.10% Reduced -123.9k -123,875
12 VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. 1.28% of their portfolio AMSTERDAM, P7 622,543622.5k $70.9m $70.9m 1.28% Reduced -11.5k -11,504
13 Grantham, Mayo, Van Otterloo & Co. LLC 0.22% of their portfolio Boston, MA 543,241543.2k $46.7m $46.7m 0.22% Added +27.9k +27,941
14 Vontobel Holding Ltd. 0.40% of their portfolio ZURICH, V8 527,299527.3k $45.3m $45.3m 0.40% Added +11.8k +11,758
15 Point72 Asset Management, L.P. 0.15% of their portfolio STAMFORD, CT 498,512498.5k $42.9m $42.9m 0.15% Added +86.6k +86,640
16 GRS Advisors, LLC 6.79% of their portfolio Chicago, IL 443,802443.8k $38.2m $38.2m 6.79% Added +44.1k +44,074
17 HORIZON KINETICS ASSET MANAGEMENT LLC 0.76% of their portfolio NEW YORK, NY 410,803410.8k $35.3m $35.3m 0.76% Reduced -43.9k -43,920
18 Allianz Asset Management GmbH 0.07% of their portfolio MUNICH, 2M 408,013408.0k $35.1m $35.1m 0.07% Added +3.0k +3,043
19 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 374,005374.0k $32.2m $32.2m 0.00% Added +196.4k +196,392
20 ROBOTTI ROBERT 4.72% of their portfolio NEW YORK, NY 339,834339.8k $29.2m $29.2m 4.72% Reduced -1.1k -1,148
21 TD Asset Management Inc 0.03% of their portfolio Toronto, A6 321,579321.6k $27.7m $27.7m 0.03% Added +38.6k +38,576
22 KGH Ltd 1.96% of their portfolio NASSAU, C5 321,102321.1k $27.6m $27.6m 1.96% Added +125.0k +125,000
23 MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 310,525310.5k $26.7m $26.7m 0.03% Reduced -114.8k -114,777
24 Legal & General Group Plc 0.01% of their portfolio London, X0 301,516301.5k $25.9m $25.9m 0.01% Reduced -24.0k -24,013
25 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 294,458294.5k $25.3m $25.3m 0.00% Reduced -33.5k -33,533
26 CANADA PENSION PLAN INVESTMENT BOARD 0.04% of their portfolio TORONTO ONTARIO, A6 275,370275.4k $23.7m $23.7m 0.04% Reduced -10.7k -10,700
27 SCOPUS ASSET MANAGEMENT, L.P. 0.76% of their portfolio NEW YORK, NY 253,981254.0k $21.8m $21.8m 0.76% Reduced -114.0k -114,000
28 GOLDENTREE ASSET MANAGEMENT LP 1.89% of their portfolio NEW YORK, NY 242,715242.7k $20.9m $20.9m 1.89% Reduced -86.0k -86,035
29 Appian Way Asset Management LP 7.87% of their portfolio NEW YORK, NY 225,807225.8k $19.4m $19.4m 7.87% Added +174.2k +174,220
30 HSBC HOLDINGS PLC 0.02% of their portfolio LONDON, X0 219,135219.1k $18.8m $18.8m 0.02% Reduced -8.1k -8,086
31 Swiss National Bank 0.01% of their portfolio ZURICH, V8 214,038214.0k $18.4m $18.4m 0.01% Reduced -18.8k -18,800
32 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 211,456211.5k $18.6m $18.6m 0.00% Added +11.6k +11,644
33 BlackRock Inc. 0.00% of their portfolio New York, NY 210,877210.9k $18.1m $18.1m 0.00% Added +7.9k +7,881
34 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 202,730202.7k $17.4m $17.4m 0.01% Added +97.8k +97,844
35 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 189,856189.9k $16.3m $16.3m 0.00% Reduced -239.4k -239,411
36 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 177,436177.4k $15.3m $15.3m 0.00% Reduced -108.6k -108,601
37 Amundi 0.01% of their portfolio Paris, I0 154,139154.1k $13.3m $13.3m 0.01% Reduced -13.1k -13,129
38 CREDIT AGRICOLE S A 0.43% of their portfolio Montrouge Cedex, I0 153,500153.5k $13.2m $13.2m 0.43% Unchanged
39 1832 Asset Management L.P. 0.02% of their portfolio TORONTO, A6 144,416144.4k $12.4m $12.4m 0.02% Added +143.2k +143,231
40 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 143,912143.9k $12.4m $12.4m 0.00% Added +16.1k +16,125
41 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 142,516142.5k $12.3m $12.3m 0.01% Added +22.2k +22,201
42 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 140,313140.3k $12.1m $12.1m 0.01% Reduced -22.0k -22,042
43 JANUS HENDERSON GROUP PLC 0.01% of their portfolio LONDON, X0 137,227137.2k $11.8m $11.8m 0.01% Reduced -8.3k -8,270
44 Public Sector Pension Investment Board 0.08% of their portfolio MONTREAL, A8 127,140127.1k $10.9m $10.9m 0.08% Added +3.2k +3,178
45 AustralianSuper Pty Ltd 0.07% of their portfolio MELBOURNE, C3 122,934122.9k $10.6m $10.6m 0.07% Reduced -35.2k -35,234
46 CREDIT SUISSE AG/ 0.01% of their portfolio ZURICH, V8 121,861121.9k $10.5m $10.5m 0.01% Added +10.5k +10,481
47 Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio CHIYODA-KU, TOKYO, M0 121,481121.5k $10.5m $10.5m 0.01% Reduced -42.4k -42,429
48 PRIVATE MANAGEMENT GROUP INC 0.44% of their portfolio IRVINE, CA 119,608119.6k $10.3m $10.3m 0.44% Reduced -879 -879
49 Waratah Capital Advisors Ltd. 0.52% of their portfolio TORONTO, A6 119,561119.6k $10.3m $10.3m 0.52% Reduced -33.0k -32,991
50 Swiss Life Asset Management Ltd 0.15% of their portfolio Zurich, V8 118,235118.2k $10.2m $10.2m 0.15% Added +30.8k +30,839
51 Candriam S.C.A. 0.07% of their portfolio STRASSEN, N4 115,133115.1k $9.9m $9.9m 0.07% Reduced -6.7k -6,731
52 NATIONAL BANK OF CANADA /FI/ 0.02% of their portfolio MONTREAL, A8 115,070115.1k $9.9m $9.9m 0.02% Reduced -605 -605
53 Scheer, Rowlett & Associates Investment Management Ltd. 0.78% of their portfolio TORONTO, A6 113,706113.7k $9.8m $9.8m 0.78% Added +59.1k +59,070
54 TORONTO DOMINION BANK 0.01% of their portfolio TORONTO, ONTARIO, A6 113,564113.6k $9.8m $9.8m 0.01% Added +74.7k +74,726
55 Cerity Partners LLC 0.04% of their portfolio NEW YORK, NY 110,015110.0k $9.5m $9.5m 0.04% Reduced -690 -690
56 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 106,545106.5k $9.2m $9.2m 0.00% Added +1.8k +1,792
57 Hudson Bay Capital Management LP 0.09% of their portfolio STAMFORD, CT 105,000105.0k $9.0m $9.0m 0.09% Reduced -87.3k -87,341
58 Balyasny Asset Management L.P. 0.02% of their portfolio Chicago, IL 101,575101.6k $8.7m $8.7m 0.02% Added +98.7k +98,741
59 AGF MANAGEMENT LTD 0.06% of their portfolio TORONTO, A6 100,081100.1k $8.6m $8.6m 0.06% Reduced -6.1k -6,133
60 Baird Financial Group, Inc. 0.02% of their portfolio MILWAUKEE, WI 96,99797.0k $8.3m $8.3m 0.02% Reduced -198 -198
61 Vestcor Inc 0.30% of their portfolio FREDERICTON, A3 94,20094.2k $8.1m $8.1m 0.30% Added +37.3k +37,300
62 ACADIAN ASSET MANAGEMENT LLC 0.03% of their portfolio Boston, MA 93,20093.2k $8.0m $8.0m 0.03% Added +4.5k +4,500
63 DekaBank Deutsche Girozentrale 0.02% of their portfolio FRANKFURT, 2M 87,76687.8k $7.4m $7.4m 0.02% Reduced -82.0k -81,980
64 BANK OF NOVA SCOTIA 0.02% of their portfolio TORONTO, A6 86,03886.0k $7.4m $7.4m 0.02% Added +3.0k +2,995
65 Skandinaviska Enskilda Banken AB (publ) 0.05% of their portfolio STOCKHOLM, V7 83,61183.6k $7.2m $7.2m 0.05% Reduced -440.7k -440,703
66 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 82,54482.5k $7.1m $7.1m 0.01% Added +15.0k +14,951
67 CANADA LIFE ASSURANCE Co 0.02% of their portfolio WINNIPEG, A2 82,40982.4k $7.1m $7.1m 0.02% Reduced -69.0k -69,003
68 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.10% of their portfolio Stamford, CT 80,82980.8k $6.9m $6.9m 0.10% Added +35.9k +35,893
69 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 78,61778.6k $6.8m $6.8m 0.00% Reduced -13.5k -13,477
70 UBS Group AG 0.00% of their portfolio ZURICH, V8 76,74076.7k $6.6m $6.6m 0.00% Reduced -29.7k -29,671
71 Federation des caisses Desjardins du Quebec 0.07% of their portfolio LEVIS, A8 76,48676.5k $7.3m $7.3m 0.07% Added +28.8k +28,813
72 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 73,20073.2k $6.3m $6.3m 0.01% Reduced -43.8k -43,800
73 Mitsubishi UFJ Trust & Banking Corp 0.01% of their portfolio TOKYO, M0 72,91472.9k $6.3m $6.3m 0.01% Reduced -8.0k -8,000
74 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 72,11872.1k $6.2m $6.2m 0.01% Added +4.3k +4,327
75 CIBC WORLD MARKET INC. 0.02% of their portfolio TORONTO, A6 69,95870.0k $6.0m $6.0m 0.02% Added +15.0k +15,003
76 INTACT INVESTMENT MANAGEMENT INC. 0.24% of their portfolio MONTREAL, A8 69,90069.9k $6.0m $6.0m 0.24% Unchanged
77 T. Rowe Price Investment Management, Inc. 0.00% of their portfolio BALTIMORE, MD 65,53965.5k $5.6m $5.6m 0.00% New
78 CIDEL ASSET MANAGEMENT INC 0.25% of their portfolio TORONTO, A6 65,14465.1k $5.6m $5.6m 0.25% Added +328 +328
79 Alberta Investment Management Corp 0.05% of their portfolio EDMONTON, A0 62,38762.4k $5.4m $5.4m 0.05% Reduced -8.9k -8,900
80 Perpetual Ltd 0.04% of their portfolio SYDNEY, NEW SOUTH WALES, C3 58,61158.6k $5.0m $5.0m 0.04% Reduced -2.8k -2,837
81 CIBC Asset Management Inc 0.02% of their portfolio TORONTO, Z4 56,40956.4k $4.8m $4.8m 0.02% Reduced -689 -689
82 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.06% of their portfolio Madrid, U3 53,78753.8k $4.6m $4.6m 0.06% Added +7.9k +7,922
83 OPPENHEIMER & CO INC 0.09% of their portfolio NEW YORK, NY 51,87051.9k $4.5m $4.5m 0.09% Reduced -9.8k -9,843
84 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 51,06751.1k $4.4m $4.4m 0.01% New
85 CoreCommodity Management, LLC 1.27% of their portfolio STAMFORD, CT 50,10050.1k $4.3m $4.3m 1.27% New
86 STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio MADISON, WI 49,34649.3k $4.2m $4.2m 0.01% Reduced -56.3k -56,300
87 ASSETMARK, INC 0.01% of their portfolio CONCORD, CA 43,24743.2k $3.7m $3.7m 0.01% Added +1.4k +1,434
88 Maryland State Retirement & Pension System 0.08% of their portfolio BALTIMORE, MD 42,87142.9k $3.7m $3.7m 0.08% New
89 ONTARIO TEACHERS PENSION PLAN BOARD 0.04% of their portfolio Toronto, A6 42,55242.6k $3.7m $3.7m 0.04% Added +9.7k +9,655
90 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 42,18742.2k $3.6m $3.6m 0.01% Reduced -17.3k -17,316
91 PCJ Investment Counsel Ltd. 1.47% of their portfolio TORONTO, A6 40,50040.5k $3.5m $3.5m 1.47% New
92 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 39,35139.4k $3.4m $3.4m 0.00% Added +1.3k +1,348
93 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 34,28434.3k $2.9m $2.9m 0.00% Reduced -11.8k -11,773
94 Assenagon Asset Management S.A. 0.01% of their portfolio SENNINGERBERG, N4 33,50633.5k $2.9m $2.9m 0.01% Added +1.8k +1,758
95 SIG North Trading, ULC 1.55% of their portfolio Bala Cynwyd, PA 33,16033.2k $2.9m $2.9m 1.55% Reduced -29.4k -29,356
96 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.06% of their portfolio HOUSTON, TX 31,20031.2k $2.7m $2.7m 0.06% Unchanged
97 Point72 Europe (London) LLP 0.37% of their portfolio LONDON, X0 29,40029.4k $2.5m $2.5m 0.37% New
98 MEAG MUNICH ERGO, Kapitalanlagegesellschaft mbH 0.11% of their portfolio Munich, 2M 28,18128.2k $2.4m $2.4m 0.11% New
99 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 26,51426.5k $2.3m $2.3m 0.00% Added +3.2k +3,217
100 ABN AMRO INVESTMENT SOLUTIONS 0.04% of their portfolio PARIS CEDEX 008, I0 25,77425.8k $2.2m $2.2m 0.04% Added +965 +965