WEST FRASER TIMBER CO LTD WFG
COM · Common Stock · CUSIP 952845105 · ISIN CA9528451052
- SectorMaterials
- IndustrySawmills & Planting Mills, General
- FilingsSEC EDGAR
* 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
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 182 |
| Q4 2022 | 199 |
| Q1 2023 | 195 |
| Q2 2023 | 199 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 78 | 112 |
| Q1 2023 | 92 | 103 |
| Q2 2023 | 93 | 99 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $18.5m | $15.9m | 0.86 |
| Q4 2022 | $7.4m | $5.0m | 0.67 |
| Q1 2023 | $17.0m | $14.1m | 0.83 |
| Q2 2023 | $21.8m | $10.5m | 0.48 |
Biggest buyers
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | Added | +776.6k |
| Connor, Clark & Lunn Investment Management Ltd. | Added | +315.8k |
| BANK OF AMERICA CORP /DE/ | Added | +196.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +183.3k |
| ROYAL BANK OF CANADA | Added | +181.6k |
| Appian Way Asset Management LP | Added | +174.2k |
| 1832 Asset Management L.P. | Added | +143.2k |
| KGH Ltd | Added | +125.0k |
| Balyasny Asset Management L.P. | Added | +98.7k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Added | +97.8k |
Biggest sellers
| Skandinaviska Enskilda Banken AB (publ) | Reduced | -440.7k |
| FMR LLC | Reduced | -320.3k |
| MORGAN STANLEY | Reduced | -239.4k |
| GUARDIAN CAPITAL LP | Sold out | -205.4k |
| MACKENZIE FINANCIAL CORP | Reduced | -123.9k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -114.8k |
| SCOPUS ASSET MANAGEMENT, L.P. | Reduced | -114.0k |
| GOLDMAN SACHS GROUP INC | Reduced | -108.6k |
| BANK OF MONTREAL /CAN/ | Reduced | -96.1k |
| Hudson Bay Capital Management LP | Reduced | -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.
| Holder | Stake |
|---|---|
| FIL Ltd 13G · institution +3.6 pts · filed 2025-09-08 | 11.5% |
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
| Manager | Shares | Change |
|---|---|---|
| PICTET ASSET MANAGEMENT SA 0.38% of their portfolio | 3.7m $317.1m | Reduced -31.7k |
| VANGUARD GROUP INC 0.01% of their portfolio | 2.7m $236.1m | Added +46.0k |
| ROYAL BANK OF CANADA 0.05% of their portfolio | 2.1m $183.0m | Added +181.6k |
| BANK OF MONTREAL /CAN/ 0.06% of their portfolio | 1.8m $151.1m | Reduced -96.1k |
| FMR LLC 0.01% of their portfolio | 1.2m $102.9m | Reduced -320.3k |
| LETKO, BROSSEAU & ASSOCIATES INC 1.79% of their portfolio | 1.1m $96.3m | Reduced -2.1k |
| NORGES BANK 0.02% of their portfolio | 951.1k $81.7m | Reduced -64.5k |
| Connor, Clark & Lunn Investment Management Ltd. 0.40% of their portfolio | 922.5k $79.2m | Added +315.8k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.73% of their portfolio | 906.3k $77.8m | Added +776.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 880.0k $75.7m | Added +183.3k |
| MACKENZIE FINANCIAL CORP 0.10% of their portfolio | 726.2k $62.4m | Reduced -123.9k |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. 1.28% of their portfolio | 622.5k $70.9m | Reduced -11.5k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.22% of their portfolio | 543.2k $46.7m | Added +27.9k |
| Vontobel Holding Ltd. 0.40% of their portfolio | 527.3k $45.3m | Added +11.8k |
| Point72 Asset Management, L.P. 0.15% of their portfolio | 498.5k $42.9m | Added +86.6k |
| GRS Advisors, LLC 6.79% of their portfolio | 443.8k $38.2m | Added +44.1k |
| HORIZON KINETICS ASSET MANAGEMENT LLC 0.76% of their portfolio | 410.8k $35.3m | Reduced -43.9k |
| Allianz Asset Management GmbH 0.07% of their portfolio | 408.0k $35.1m | Added +3.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 374.0k $32.2m | Added +196.4k |
| ROBOTTI ROBERT 4.72% of their portfolio | 339.8k $29.2m | Reduced -1.1k |
| TD Asset Management Inc 0.03% of their portfolio | 321.6k $27.7m | Added +38.6k |
| KGH Ltd 1.96% of their portfolio | 321.1k $27.6m | Added +125.0k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 310.5k $26.7m | Reduced -114.8k |
| Legal & General Group Plc 0.01% of their portfolio | 301.5k $25.9m | Reduced -24.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 294.5k $25.3m | Reduced -33.5k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.04% of their portfolio | 275.4k $23.7m | Reduced -10.7k |
| SCOPUS ASSET MANAGEMENT, L.P. 0.76% of their portfolio | 254.0k $21.8m | Reduced -114.0k |
| GOLDENTREE ASSET MANAGEMENT LP 1.89% of their portfolio | 242.7k $20.9m | Reduced -86.0k |
| Appian Way Asset Management LP 7.87% of their portfolio | 225.8k $19.4m | Added +174.2k |
| HSBC HOLDINGS PLC 0.02% of their portfolio | 219.1k $18.8m | Reduced -8.1k |
| Swiss National Bank 0.01% of their portfolio | 214.0k $18.4m | Reduced -18.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 211.5k $18.6m | Added +11.6k |
| BlackRock Inc. 0.00% of their portfolio | 210.9k $18.1m | Added +7.9k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 202.7k $17.4m | Added +97.8k |
| MORGAN STANLEY 0.00% of their portfolio | 189.9k $16.3m | Reduced -239.4k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 177.4k $15.3m | Reduced -108.6k |
| Amundi 0.01% of their portfolio | 154.1k $13.3m | Reduced -13.1k |
| CREDIT AGRICOLE S A 0.43% of their portfolio | 153.5k $13.2m | Unchanged |
| 1832 Asset Management L.P. 0.02% of their portfolio | 144.4k $12.4m | Added +143.2k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 143.9k $12.4m | Added +16.1k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 142.5k $12.3m | Added +22.2k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 140.3k $12.1m | Reduced -22.0k |
| JANUS HENDERSON GROUP PLC 0.01% of their portfolio | 137.2k $11.8m | Reduced -8.3k |
| Public Sector Pension Investment Board 0.08% of their portfolio | 127.1k $10.9m | Added +3.2k |
| AustralianSuper Pty Ltd 0.07% of their portfolio | 122.9k $10.6m | Reduced -35.2k |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 121.9k $10.5m | Added +10.5k |
| Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio | 121.5k $10.5m | Reduced -42.4k |
| PRIVATE MANAGEMENT GROUP INC 0.44% of their portfolio | 119.6k $10.3m | Reduced -879 |
| Waratah Capital Advisors Ltd. 0.52% of their portfolio | 119.6k $10.3m | Reduced -33.0k |
| Swiss Life Asset Management Ltd 0.15% of their portfolio | 118.2k $10.2m | Added +30.8k |
| Candriam S.C.A. 0.07% of their portfolio | 115.1k $9.9m | Reduced -6.7k |
| NATIONAL BANK OF CANADA /FI/ 0.02% of their portfolio | 115.1k $9.9m | Reduced -605 |
| Scheer, Rowlett & Associates Investment Management Ltd. 0.78% of their portfolio | 113.7k $9.8m | Added +59.1k |
| TORONTO DOMINION BANK 0.01% of their portfolio | 113.6k $9.8m | Added +74.7k |
| Cerity Partners LLC 0.04% of their portfolio | 110.0k $9.5m | Reduced -690 |
| Bank of New York Mellon Corp 0.00% of their portfolio | 106.5k $9.2m | Added +1.8k |
| Hudson Bay Capital Management LP 0.09% of their portfolio | 105.0k $9.0m | Reduced -87.3k |
| Balyasny Asset Management L.P. 0.02% of their portfolio | 101.6k $8.7m | Added +98.7k |
| AGF MANAGEMENT LTD 0.06% of their portfolio | 100.1k $8.6m | Reduced -6.1k |
| Baird Financial Group, Inc. 0.02% of their portfolio | 97.0k $8.3m | Reduced -198 |
| Vestcor Inc 0.30% of their portfolio | 94.2k $8.1m | Added +37.3k |
| ACADIAN ASSET MANAGEMENT LLC 0.03% of their portfolio | 93.2k $8.0m | Added +4.5k |
| DekaBank Deutsche Girozentrale 0.02% of their portfolio | 87.8k $7.4m | Reduced -82.0k |
| BANK OF NOVA SCOTIA 0.02% of their portfolio | 86.0k $7.4m | Added +3.0k |
| Skandinaviska Enskilda Banken AB (publ) 0.05% of their portfolio | 83.6k $7.2m | Reduced -440.7k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 82.5k $7.1m | Added +15.0k |
| CANADA LIFE ASSURANCE Co 0.02% of their portfolio | 82.4k $7.1m | Reduced -69.0k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.10% of their portfolio | 80.8k $6.9m | Added +35.9k |
| Invesco Ltd. 0.00% of their portfolio | 78.6k $6.8m | Reduced -13.5k |
| UBS Group AG 0.00% of their portfolio | 76.7k $6.6m | Reduced -29.7k |
| Federation des caisses Desjardins du Quebec 0.07% of their portfolio | 76.5k $7.3m | Added +28.8k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 73.2k $6.3m | Reduced -43.8k |
| Mitsubishi UFJ Trust & Banking Corp 0.01% of their portfolio | 72.9k $6.3m | Reduced -8.0k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 72.1k $6.2m | Added +4.3k |
| CIBC WORLD MARKET INC. 0.02% of their portfolio | 70.0k $6.0m | Added +15.0k |
| INTACT INVESTMENT MANAGEMENT INC. 0.24% of their portfolio | 69.9k $6.0m | Unchanged |
| T. Rowe Price Investment Management, Inc. 0.00% of their portfolio | 65.5k $5.6m | New |
| CIDEL ASSET MANAGEMENT INC 0.25% of their portfolio | 65.1k $5.6m | Added +328 |
| Alberta Investment Management Corp 0.05% of their portfolio | 62.4k $5.4m | Reduced -8.9k |
| Perpetual Ltd 0.04% of their portfolio | 58.6k $5.0m | Reduced -2.8k |
| CIBC Asset Management Inc 0.02% of their portfolio | 56.4k $4.8m | Reduced -689 |
| BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.06% of their portfolio | 53.8k $4.6m | Added +7.9k |
| OPPENHEIMER & CO INC 0.09% of their portfolio | 51.9k $4.5m | Reduced -9.8k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 51.1k $4.4m | New |
| CoreCommodity Management, LLC 1.27% of their portfolio | 50.1k $4.3m | New |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 49.3k $4.2m | Reduced -56.3k |
| ASSETMARK, INC 0.01% of their portfolio | 43.2k $3.7m | Added +1.4k |
| Maryland State Retirement & Pension System 0.08% of their portfolio | 42.9k $3.7m | New |
| ONTARIO TEACHERS PENSION PLAN BOARD 0.04% of their portfolio | 42.6k $3.7m | Added +9.7k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 42.2k $3.6m | Reduced -17.3k |
| PCJ Investment Counsel Ltd. 1.47% of their portfolio | 40.5k $3.5m | New |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 39.4k $3.4m | Added +1.3k |
| NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio | 34.3k $2.9m | Reduced -11.8k |
| Assenagon Asset Management S.A. 0.01% of their portfolio | 33.5k $2.9m | Added +1.8k |
| SIG North Trading, ULC 1.55% of their portfolio | 33.2k $2.9m | Reduced -29.4k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.06% of their portfolio | 31.2k $2.7m | Unchanged |
| Point72 Europe (London) LLP 0.37% of their portfolio | 29.4k $2.5m | New |
| MEAG MUNICH ERGO, Kapitalanlagegesellschaft mbH 0.11% of their portfolio | 28.2k $2.4m | New |
| CITIGROUP INC 0.00% of their portfolio | 26.5k $2.3m | Added +3.2k |
| ABN AMRO INVESTMENT SOLUTIONS 0.04% of their portfolio | 25.8k $2.2m | Added +965 |