Vault-13

WEST FRASER TIMBER CO LTD WFG

COM · Common Stock · CUSIP 952845105 · ISIN CA9528451052

207 institutional holders +6 vs Q1 2024
30,395,82930.4m shares reported held*
$2.4bnreported value*
35 new 69 added 73 reduced 28 sold out net sold ≈ $171.6m (-2.2m 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 ($5.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $77.65. Options: 7 managers hold calls ($6.1m notional), 8 hold puts ($5.2m).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 182Q4 22: 199Q1 23: 195Q2 23: 199Q3 23: 204Q4 23: 199Q1 24: 201Q2 24: 207207Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022182
Q4 2022199
Q1 2023195
Q2 2023199
Q3 2023204
Q4 2023199
Q1 2024201
Q2 2024207

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 outQ2 23: 93 bought or addedQ2 23: 99 cut or sold outQ2 23Q3 23: 94 bought or addedQ3 23: 99 cut or sold outQ4 23: 95 bought or addedQ4 23: 101 cut or sold outQ4 23Q1 24: 98 bought or addedQ1 24: 109 cut or sold outQ2 24: 104 bought or addedQ2 24: 101 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 202278112
Q1 202392103
Q2 20239399
Q3 20239499
Q4 202395101
Q1 202498109
Q2 2024104101

Calls vs puts

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

CallsPuts
$0$20m$40m$60mQ3 23 calls: $35.5mQ3 23 puts: $23.6mQ3 23P/C 0.66Q4 23 calls: $4.3mQ4 23 puts: $2.4mQ4 23P/C 0.57Q1 24 calls: $53.0mQ1 24 puts: $20.8mQ1 24P/C 0.39Q2 24 calls: $6.1mQ2 24 puts: $5.2mQ2 24P/C 0.85
Numbers
QuarterCallsPutsP/C
Q3 2023$35.5m$23.6m0.66
Q4 2023$4.3m$2.4m0.57
Q1 2024$53.0m$20.8m0.39
Q2 2024$6.1m$5.2m0.85

Biggest buyers

Biggest sellers

Connor, Clark & Lunn Investment Management Ltd. Reduced -869,134-869.1k
Pictet Asset Management Holding SA Reduced -764,586-764.6k
MILLENNIUM MANAGEMENT LLC Reduced -497,855-497.9k
BANK OF AMERICA CORP /DE/ Reduced -485,456-485.5k
MACKENZIE FINANCIAL CORP Reduced -475,407-475.4k
GRS Advisors, LLC Reduced -341,260-341.3k
MORGAN STANLEY Reduced -252,529-252.5k
Waratah Capital Advisors Ltd. Reduced -197,198-197.2k
CIBC WORLD MARKET INC. Reduced -182,737-182.7k
ROYAL BANK OF CANADA Reduced -154,919-154.9k

Biggest calls

SIG North Trading, ULC Added $4.1m53.9k shares
CITADEL ADVISORS LLC Reduced $922.4k12.0k shares
D. E. Shaw & Co., Inc. Reduced $384.1k5.0k shares
Walleye Capital LLC New $345.9k4.5k shares
ROYAL BANK OF CANADA Reduced $184.0k2.4k shares
SIMPLEX TRADING, LLC Added $146.0k1.9k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

Fulcrum Asset Management LLP First filing $1.8m29.6k shares
SIG North Trading, ULC Reduced $1.6m20.6k shares
Genus Capital Management Inc. New $1.1m14.5k shares
CIBC WORLD MARKET INC. Reduced $315.0k4.1k shares
CITADEL ADVISORS LLC Added $199.9k2.6k shares
Walleye Capital LLC New $169.1k2.2k shares
SIMPLEX TRADING, LLC Added $46.0k600 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 2024

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 2024.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ROYAL BANK OF CANADA 0.06% of their portfolio TORONTO, A6 3,065,5173.1m $235.6m $235.6m 0.06% Reduced -154.9k -154,919
2 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 2,807,8242.8m $215.8m $215.8m 0.00% Added +30.1k +30,077
3 FIL Ltd 0.21% of their portfolio HAMILTON, D0 2,717,9052.7m $208.7m $208.7m 0.21% Added +1.4m +1,361,548
4 BANK OF MONTREAL /CAN/ 0.05% of their portfolio TORONTO, A6 2,256,3002.3m $176.4m $176.4m 0.05% Reduced -93.8k -93,793
5 Pictet Asset Management Holding SA 0.12% of their portfolio CAROUGE, V8 1,314,0761.3m $102.4m $102.4m 0.12% Reduced -764.6k -764,586
6 FMR LLC 0.01% of their portfolio BOSTON, MA 1,181,5251.2m $90.7m $90.7m 0.01% Added +66.9k +66,871
7 LETKO, BROSSEAU & ASSOCIATES INC 1.64% of their portfolio MONTREAL, A8 1,129,5261.1m $86.7m $86.7m 1.64% Reduced -6.8k -6,804
8 PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio BALTIMORE, MD 1,085,9201.1m $83.5m $83.5m 0.01% Reduced -23.1k -23,067
9 1832 Asset Management L.P. 0.14% of their portfolio TORONTO, A6 989,374989.4k $76.1m $76.1m 0.14% Added +153.6k +153,600
10 NORGES BANK 0.01% of their portfolio OSLO, Q8 951,864951.9k $73.1m $73.1m 0.01% Added +17.0k +17,003
11 VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. 0.81% of their portfolio AMSTERDAM, P7 692,453692.5k $72.8m $72.8m 0.81% Added +91.5k +91,490
12 Thrivent Financial for Lutherans 0.11% of their portfolio Minneapolis, MN 684,859684.9k $52.6m $52.6m 0.11% New
13 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 627,560627.6k $48.2m $48.2m 0.00% Added +34.5k +34,450
14 MANNING & NAPIER ADVISORS LLC 0.48% of their portfolio Fairport, NY 557,906557.9k $42.9m $42.9m 0.48% First filing
15 Grantham, Mayo, Van Otterloo & Co. LLC 0.14% of their portfolio Boston, MA 545,657545.7k $41.9m $41.9m 0.14% Reduced -11.8k -11,789
16 Vontobel Holding Ltd. 0.13% of their portfolio ZURICH, V8 531,932531.9k $40.9m $40.9m 0.13% Added +24.8k +24,769
17 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 452,159452.2k $34.8m $34.8m 0.01% Added +62.4k +62,361
18 Connor, Clark & Lunn Investment Management Ltd. 0.12% of their portfolio VANCOUVER, A1 361,951362.0k $27.8m $27.8m 0.12% Reduced -869.1k -869,134
19 ROBOTTI ROBERT 3.98% of their portfolio NEW YORK, NY 330,625330.6k $25.4m $25.4m 3.98% Reduced -5.4k -5,401
20 TD Asset Management Inc 0.02% of their portfolio Toronto, A6 304,018304.0k $23.3m $23.3m 0.02% Reduced -60.0k -59,980
21 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 300,371300.4k $23.1m $23.1m 0.00% New
22 MACKENZIE FINANCIAL CORP 0.03% of their portfolio TORONTO ONTARIO, A6 281,621281.6k $21.6m $21.6m 0.03% Reduced -475.4k -475,407
23 Galibier Capital Management Ltd. 5.34% of their portfolio TORONTO, A6 279,655279.7k $21.5m $21.5m 5.34% Added +168.8k +168,802
24 GRS Advisors, LLC 2.33% of their portfolio Chicago, IL 262,864262.9k $20.2m $20.2m 2.33% Reduced -341.3k -341,260
25 Legal & General Group Plc 0.01% of their portfolio London, X0 261,119261.1k $20.1m $20.1m 0.01% Reduced -6.4k -6,447
26 Amundi 0.01% of their portfolio Paris, I0 238,105238.1k $18.1m $18.1m 0.01% Added +44.5k +44,513
27 HORIZON KINETICS ASSET MANAGEMENT LLC 0.32% of their portfolio NEW YORK, NY 237,176237.2k $18.2m $18.2m 0.32% Added +25.7k +25,695
28 CANADA PENSION PLAN INVESTMENT BOARD 0.02% of their portfolio TORONTO ONTARIO, A6 236,319236.3k $18.1m $18.1m 0.02% Added +4.3k +4,300
29 BlackRock Inc. 0.00% of their portfolio New York, NY 227,834227.8k $17.5m $17.5m 0.00% Added +29.2k +29,220
30 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 224,396224.4k $17.2m $17.2m 0.00% Reduced -252.5k -252,529
31 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 218,466218.5k $16.6m $16.6m 0.00% Added +6.2k +6,186
32 KGH Ltd 0.88% of their portfolio NASSAU, C5 187,452187.5k $14.4m $14.4m 0.88% Added +52.5k +52,452
33 Alberta Investment Management Corp 0.14% of their portfolio EDMONTON, A0 174,956175.0k $13.4m $13.4m 0.14% Unchanged
34 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 170,345170.3k $13.1m $13.1m 0.01% Reduced -25.9k -25,861
35 Swiss National Bank 0.01% of their portfolio ZURICH, V8 166,838166.8k $12.8m $12.8m 0.01% Reduced -2.6k -2,600
36 Scheer, Rowlett & Associates Investment Management Ltd. 0.83% of their portfolio TORONTO, A6 140,677140.7k $10.8m $10.8m 0.83% Reduced -320 -320
37 CREDIT AGRICOLE S A 0.06% of their portfolio Montrouge Cedex, I0 135,559135.6k $10.4m $10.4m 0.06% Added +13.0k +13,020
38 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 132,556132.6k $10.2m $10.2m 0.00% Added +825 +825
39 T. Rowe Price Investment Management, Inc. 0.01% of their portfolio BALTIMORE, MD 130,681130.7k $10.0m $10.0m 0.01% Reduced -11.3k -11,312
40 Impala Asset Management LLC 8.68% of their portfolio Palm Beach, FL 125,000125.0k $9.6m $9.6m 8.68% Added +65.0k +65,000
41 Mountaineer Partners Management, LLC 4.90% of their portfolio New York, NY 122,541122.5k $9.4m $9.4m 4.90% Added +4.2k +4,240
42 Qube Research & Technologies Ltd 0.02% of their portfolio LONDON, X0 119,574119.6k $9.2m $9.2m 0.02% Reduced -30.0k -30,032
43 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 114,533114.5k $8.8m $8.8m 0.00% Added +29.6k +29,648
44 Smead Capital Management, Inc. 0.13% of their portfolio Phoenix, AZ 112,365112.4k $8.6m $8.6m 0.13% Reduced -11.8k -11,805
45 Federation des caisses Desjardins du Quebec 0.05% of their portfolio LEVIS, A8 111,623111.6k $9.0m $9.0m 0.05% Added +16.2k +16,232
46 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.05% of their portfolio VICTORIA, A1 109,589109.6k $8.4m $8.4m 0.05% Added +72.3k +72,311
47 NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio MONTREAL, A8 109,180109.2k $8.3m $8.3m 0.01% Added +2.7k +2,746
48 Cerity Partners LLC 0.02% of their portfolio NEW YORK, NY 108,529108.5k $8.3m $8.3m 0.02% Reduced -141.3k -141,289
49 Quadrature Capital Ltd 0.13% of their portfolio LONDON, X0 100,200100.2k $7.7m $7.7m 0.13% Added +52.3k +52,300
50 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 100,163100.2k $7.7m $7.7m 0.01% Reduced -131.4k -131,437
51 Man Group plc 0.02% of their portfolio LONDON, X0 92,57692.6k $7.1m $7.1m 0.02% Added +60.9k +60,887
52 Waratah Capital Advisors Ltd. 0.42% of their portfolio TORONTO, A6 90,67090.7k $7.0m $7.0m 0.42% Reduced -197.2k -197,198
53 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 84,80684.8k $6.5m $6.5m 0.00% New
54 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 84,69084.7k $6.5m $6.5m 0.01% Added +8.7k +8,727
55 BANK OF NOVA SCOTIA 0.01% of their portfolio TORONTO, A6 81,45181.5k $6.3m $6.3m 0.01% Added +7 +7
56 AGF MANAGEMENT LTD 0.03% of their portfolio TORONTO, A6 76,90176.9k $5.9m $5.9m 0.03% Added +14.3k +14,252
57 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 76,50876.5k $5.9m $5.9m 0.00% Added +10.5k +10,461
58 UBS Group AG 0.00% of their portfolio ZURICH, V8 73,55973.6k $5.7m $5.7m 0.00% Added +3.3k +3,315
59 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 72,03672.0k $5.5m $5.5m 0.00% Reduced -918 -918
60 CIBC WORLD MARKET INC. 0.01% of their portfolio TORONTO, A6 71,63371.6k $5.5m $5.5m 0.01% Reduced -182.7k -182,737
61 CIBC Asset Management Inc 0.02% of their portfolio TORONTO, Z4 71,16071.2k $5.5m $5.5m 0.02% Added +4.9k +4,946
62 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.06% of their portfolio Madrid, U3 70,81070.8k $5.4m $5.4m 0.06% Added +4.8k +4,803
63 CANADA LIFE ASSURANCE Co 0.01% of their portfolio WINNIPEG, A2 68,53768.5k $5.3m $5.3m 0.01% Reduced -11.3k -11,325
64 Candriam S.C.A. 0.03% of their portfolio STRASSEN, N4 59,88559.9k $4.6m $4.6m 0.03% Unchanged
65 Caisse de depot et placement du Quebec 0.01% of their portfolio Montreal, A8 56,25156.3k $4.3m $4.3m 0.01% New
66 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 53,93153.9k $4.1m $4.1m 0.00% Added +5.6k +5,644
67 OPPENHEIMER & CO INC 0.07% of their portfolio NEW YORK, NY 53,54553.5k $4.1m $4.1m 0.07% Reduced -28.9k -28,898
68 Allianz Asset Management GmbH 0.01% of their portfolio MUNICH, 2M 53,03553.0k $4.1m $4.1m 0.01% Reduced -84.6k -84,591
69 Korea Investment CORP 0.01% of their portfolio SEOUL, M5 49,61549.6k $3.8m $3.8m 0.01% Added +4.1k +4,091
70 SCOTIA CAPITAL INC. 0.02% of their portfolio TORONTO, A6 44,49644.5k $3.4m $3.4m 0.02% Added +16.3k +16,312
71 INTACT INVESTMENT MANAGEMENT INC. 0.13% of their portfolio MONTREAL, A8 43,70043.7k $3.4m $3.4m 0.13% Reduced -8.9k -8,900
72 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 42,51442.5k $3.3m $3.3m 0.00% Reduced -485.5k -485,456
73 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 39,55639.6k $3.0m $3.0m 0.00% Reduced -819 -819
74 CoreCommodity Management, LLC 1.08% of their portfolio STAMFORD, CT 36,40036.4k $2.8m $2.8m 1.08% Reduced -8.3k -8,300
75 Hudson Bay Capital Management LP 0.02% of their portfolio STAMFORD, CT 35,00035.0k $2.7m $2.7m 0.02% Reduced -78.0k -78,000
76 Maryland State Retirement & Pension System 0.05% of their portfolio BALTIMORE, MD 34,72734.7k $2.7m $2.7m 0.05% Reduced -1.3k -1,326
77 Assenagon Asset Management S.A. 0.01% of their portfolio SENNINGERBERG, N4 34,05234.1k $2.6m $2.6m 0.01% Added +5.5k +5,495
78 DekaBank Deutsche Girozentrale 0.00% of their portfolio FRANKFURT, 2M 33,93433.9k $2.6m $2.6m 0.00% Reduced -783 -783
79 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 33,50033.5k $2.6m $2.6m 0.00% Reduced -23.4k -23,400
80 MEAG MUNICH ERGO, Kapitalanlagegesellschaft mbH 0.08% of their portfolio Munich, 2M 32,68432.7k $2.5m $2.5m 0.08% Reduced -40.7k -40,734
81 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 30,04030.0k $2.3m $2.3m 0.00% Added +125 +125
82 Zurcher Kantonalbank (Zurich Cantonalbank) 0.01% of their portfolio ZURICH, V8 29,69429.7k $2.3m $2.3m 0.01% Reduced -8.3k -8,327
83 Northwest & Ethical Investments L.P. 0.06% of their portfolio TORONTO, A6 28,55928.6k $2.2m $2.2m 0.06% Reduced -1.8k -1,788
84 Trexquant Investment LP 0.03% of their portfolio STAMFORD, CT 28,10128.1k $2.2m $2.2m 0.03% Added +25.1k +25,098
85 Triasima Portfolio Management inc. 0.19% of their portfolio MONTREAL, A8 26,68726.7k $2.0m $2.0m 0.19% Reduced -148.7k -148,748
86 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 26,41126.4k $2.0m $2.0m 0.00% Reduced -2.1k -2,117
87 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 25,41925.4k $2.0m $2.0m 0.00% Reduced -65 -65
88 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 24,60024.6k $1.9m $1.9m 0.00% New
89 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 24,23424.2k $1.9m $1.9m 0.00% New
90 Phoenix Financial Ltd. 0.03% of their portfolio Givatayim, L3 23,84023.8k $1.8m $1.8m 0.03% Added +8.0k +8,000
91 Mn Services Vermogensbeheer B.V. 0.01% of their portfolio THE HAGUE, P7 22,60022.6k $1.7m $1.7m 0.01% Unchanged
92 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio Boston, MA 21,25321.3k $1.6m $1.6m 0.00% New
93 Quantbot Technologies LP 0.08% of their portfolio NEW YORK, NY 20,48720.5k $1.6m $1.6m 0.08% Added +13.7k +13,735
94 TURTLE CREEK ASSET MANAGEMENT INC. 0.04% of their portfolio TORONTO, A6 20,20020.2k $1.6m $1.6m 0.04% Added +400 +400
95 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 19,87319.9k $1.5m $1.5m 0.00% New
96 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 19,53119.5k $1.5m $1.5m 0.00% Reduced -3.9k -3,859
97 Cubist Systematic Strategies, LLC 0.03% of their portfolio STAMFORD, CT 18,96519.0k $1.5m $1.5m 0.03% Added +15.5k +15,497
98 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 17,69817.7k $1.4m $1.4m 0.00% Reduced -1.8k -1,772
99 OSSIAM 0.02% of their portfolio PARIS, I0 16,39116.4k $1.3m $1.3m 0.02% Reduced -421 -421
100 Versor Investments LP 0.23% of their portfolio New York, NY 16,30016.3k $1.3m $1.3m 0.23% Added +2.0k +1,999