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 ($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
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 182 |
| Q4 2022 | 199 |
| Q1 2023 | 195 |
| Q2 2023 | 199 |
| Q3 2023 | 204 |
| Q4 2023 | 199 |
| Q1 2024 | 201 |
| Q2 2024 | 207 |
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 |
| Q3 2023 | 94 | 99 |
| Q4 2023 | 95 | 101 |
| Q1 2024 | 98 | 109 |
| Q2 2024 | 104 | 101 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $35.5m | $23.6m | 0.66 |
| Q4 2023 | $4.3m | $2.4m | 0.57 |
| Q1 2024 | $53.0m | $20.8m | 0.39 |
| Q2 2024 | $6.1m | $5.2m | 0.85 |
Biggest buyers
| FIL Ltd | Added | +1.4m |
| Thrivent Financial for Lutherans | New | +684.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | New | +300.4k |
| Galibier Capital Management Ltd. | Added | +168.8k |
| 1832 Asset Management L.P. | Added | +153.6k |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. | Added | +91.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | New | +84.8k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | Added | +72.3k |
| FMR LLC | Added | +66.9k |
| Impala Asset Management LLC | Added | +65.0k |
Biggest sellers
| Connor, Clark & Lunn Investment Management Ltd. | Reduced | -869.1k |
| Pictet Asset Management Holding SA | Reduced | -764.6k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -497.9k |
| BANK OF AMERICA CORP /DE/ | Reduced | -485.5k |
| MACKENZIE FINANCIAL CORP | Reduced | -475.4k |
| GRS Advisors, LLC | Reduced | -341.3k |
| MORGAN STANLEY | Reduced | -252.5k |
| Waratah Capital Advisors Ltd. | Reduced | -197.2k |
| CIBC WORLD MARKET INC. | Reduced | -182.7k |
| ROYAL BANK OF CANADA | Reduced | -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.
| Holder | Stake |
|---|---|
| FIL Ltd 13G · institution +3.6 pts · filed 2025-09-08 | 11.5% |
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
| Manager | Shares | Change |
|---|---|---|
| ROYAL BANK OF CANADA 0.06% of their portfolio | 3.1m $235.6m | Reduced -154.9k |
| VANGUARD GROUP INC 0.00% of their portfolio | 2.8m $215.8m | Added +30.1k |
| FIL Ltd 0.21% of their portfolio | 2.7m $208.7m | Added +1.4m |
| BANK OF MONTREAL /CAN/ 0.05% of their portfolio | 2.3m $176.4m | Reduced -93.8k |
| Pictet Asset Management Holding SA 0.12% of their portfolio | 1.3m $102.4m | Reduced -764.6k |
| FMR LLC 0.01% of their portfolio | 1.2m $90.7m | Added +66.9k |
| LETKO, BROSSEAU & ASSOCIATES INC 1.64% of their portfolio | 1.1m $86.7m | Reduced -6.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 1.1m $83.5m | Reduced -23.1k |
| 1832 Asset Management L.P. 0.14% of their portfolio | 989.4k $76.1m | Added +153.6k |
| NORGES BANK 0.01% of their portfolio | 951.9k $73.1m | Added +17.0k |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. 0.81% of their portfolio | 692.5k $72.8m | Added +91.5k |
| Thrivent Financial for Lutherans 0.11% of their portfolio | 684.9k $52.6m | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 627.6k $48.2m | Added +34.5k |
| MANNING & NAPIER ADVISORS LLC 0.48% of their portfolio | 557.9k $42.9m | First filing |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.14% of their portfolio | 545.7k $41.9m | Reduced -11.8k |
| Vontobel Holding Ltd. 0.13% of their portfolio | 531.9k $40.9m | Added +24.8k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 452.2k $34.8m | Added +62.4k |
| Connor, Clark & Lunn Investment Management Ltd. 0.12% of their portfolio | 362.0k $27.8m | Reduced -869.1k |
| ROBOTTI ROBERT 3.98% of their portfolio | 330.6k $25.4m | Reduced -5.4k |
| TD Asset Management Inc 0.02% of their portfolio | 304.0k $23.3m | Reduced -60.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 300.4k $23.1m | New |
| MACKENZIE FINANCIAL CORP 0.03% of their portfolio | 281.6k $21.6m | Reduced -475.4k |
| Galibier Capital Management Ltd. 5.34% of their portfolio | 279.7k $21.5m | Added +168.8k |
| GRS Advisors, LLC 2.33% of their portfolio | 262.9k $20.2m | Reduced -341.3k |
| Legal & General Group Plc 0.01% of their portfolio | 261.1k $20.1m | Reduced -6.4k |
| Amundi 0.01% of their portfolio | 238.1k $18.1m | Added +44.5k |
| HORIZON KINETICS ASSET MANAGEMENT LLC 0.32% of their portfolio | 237.2k $18.2m | Added +25.7k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.02% of their portfolio | 236.3k $18.1m | Added +4.3k |
| BlackRock Inc. 0.00% of their portfolio | 227.8k $17.5m | Added +29.2k |
| MORGAN STANLEY 0.00% of their portfolio | 224.4k $17.2m | Reduced -252.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 218.5k $16.6m | Added +6.2k |
| KGH Ltd 0.88% of their portfolio | 187.5k $14.4m | Added +52.5k |
| Alberta Investment Management Corp 0.14% of their portfolio | 175.0k $13.4m | Unchanged |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 170.3k $13.1m | Reduced -25.9k |
| Swiss National Bank 0.01% of their portfolio | 166.8k $12.8m | Reduced -2.6k |
| Scheer, Rowlett & Associates Investment Management Ltd. 0.83% of their portfolio | 140.7k $10.8m | Reduced -320 |
| CREDIT AGRICOLE S A 0.06% of their portfolio | 135.6k $10.4m | Added +13.0k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 132.6k $10.2m | Added +825 |
| T. Rowe Price Investment Management, Inc. 0.01% of their portfolio | 130.7k $10.0m | Reduced -11.3k |
| Impala Asset Management LLC 8.68% of their portfolio | 125.0k $9.6m | Added +65.0k |
| Mountaineer Partners Management, LLC 4.90% of their portfolio | 122.5k $9.4m | Added +4.2k |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 119.6k $9.2m | Reduced -30.0k |
| Invesco Ltd. 0.00% of their portfolio | 114.5k $8.8m | Added +29.6k |
| Smead Capital Management, Inc. 0.13% of their portfolio | 112.4k $8.6m | Reduced -11.8k |
| Federation des caisses Desjardins du Quebec 0.05% of their portfolio | 111.6k $9.0m | Added +16.2k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.05% of their portfolio | 109.6k $8.4m | Added +72.3k |
| NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio | 109.2k $8.3m | Added +2.7k |
| Cerity Partners LLC 0.02% of their portfolio | 108.5k $8.3m | Reduced -141.3k |
| Quadrature Capital Ltd 0.13% of their portfolio | 100.2k $7.7m | Added +52.3k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 100.2k $7.7m | Reduced -131.4k |
| Man Group plc 0.02% of their portfolio | 92.6k $7.1m | Added +60.9k |
| Waratah Capital Advisors Ltd. 0.42% of their portfolio | 90.7k $7.0m | Reduced -197.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 84.8k $6.5m | New |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 84.7k $6.5m | Added +8.7k |
| BANK OF NOVA SCOTIA 0.01% of their portfolio | 81.5k $6.3m | Added +7 |
| AGF MANAGEMENT LTD 0.03% of their portfolio | 76.9k $5.9m | Added +14.3k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 76.5k $5.9m | Added +10.5k |
| UBS Group AG 0.00% of their portfolio | 73.6k $5.7m | Added +3.3k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 72.0k $5.5m | Reduced -918 |
| CIBC WORLD MARKET INC. 0.01% of their portfolio | 71.6k $5.5m | Reduced -182.7k |
| CIBC Asset Management Inc 0.02% of their portfolio | 71.2k $5.5m | Added +4.9k |
| BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.06% of their portfolio | 70.8k $5.4m | Added +4.8k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 68.5k $5.3m | Reduced -11.3k |
| Candriam S.C.A. 0.03% of their portfolio | 59.9k $4.6m | Unchanged |
| Caisse de depot et placement du Quebec 0.01% of their portfolio | 56.3k $4.3m | New |
| Bank of New York Mellon Corp 0.00% of their portfolio | 53.9k $4.1m | Added +5.6k |
| OPPENHEIMER & CO INC 0.07% of their portfolio | 53.5k $4.1m | Reduced -28.9k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 53.0k $4.1m | Reduced -84.6k |
| Korea Investment CORP 0.01% of their portfolio | 49.6k $3.8m | Added +4.1k |
| SCOTIA CAPITAL INC. 0.02% of their portfolio | 44.5k $3.4m | Added +16.3k |
| INTACT INVESTMENT MANAGEMENT INC. 0.13% of their portfolio | 43.7k $3.4m | Reduced -8.9k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 42.5k $3.3m | Reduced -485.5k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 39.6k $3.0m | Reduced -819 |
| CoreCommodity Management, LLC 1.08% of their portfolio | 36.4k $2.8m | Reduced -8.3k |
| Hudson Bay Capital Management LP 0.02% of their portfolio | 35.0k $2.7m | Reduced -78.0k |
| Maryland State Retirement & Pension System 0.05% of their portfolio | 34.7k $2.7m | Reduced -1.3k |
| Assenagon Asset Management S.A. 0.01% of their portfolio | 34.1k $2.6m | Added +5.5k |
| DekaBank Deutsche Girozentrale 0.00% of their portfolio | 33.9k $2.6m | Reduced -783 |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 33.5k $2.6m | Reduced -23.4k |
| MEAG MUNICH ERGO, Kapitalanlagegesellschaft mbH 0.08% of their portfolio | 32.7k $2.5m | Reduced -40.7k |
| TORONTO DOMINION BANK 0.00% of their portfolio | 30.0k $2.3m | Added +125 |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.01% of their portfolio | 29.7k $2.3m | Reduced -8.3k |
| Northwest & Ethical Investments L.P. 0.06% of their portfolio | 28.6k $2.2m | Reduced -1.8k |
| Trexquant Investment LP 0.03% of their portfolio | 28.1k $2.2m | Added +25.1k |
| Triasima Portfolio Management inc. 0.19% of their portfolio | 26.7k $2.0m | Reduced -148.7k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 26.4k $2.0m | Reduced -2.1k |
| Baird Financial Group, Inc. 0.00% of their portfolio | 25.4k $2.0m | Reduced -65 |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 24.6k $1.9m | New |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 24.2k $1.9m | New |
| Phoenix Financial Ltd. 0.03% of their portfolio | 23.8k $1.8m | Added +8.0k |
| Mn Services Vermogensbeheer B.V. 0.01% of their portfolio | 22.6k $1.7m | Unchanged |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio | 21.3k $1.6m | New |
| Quantbot Technologies LP 0.08% of their portfolio | 20.5k $1.6m | Added +13.7k |
| TURTLE CREEK ASSET MANAGEMENT INC. 0.04% of their portfolio | 20.2k $1.6m | Added +400 |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 19.9k $1.5m | New |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 19.5k $1.5m | Reduced -3.9k |
| Cubist Systematic Strategies, LLC 0.03% of their portfolio | 19.0k $1.5m | Added +15.5k |
| CITIGROUP INC 0.00% of their portfolio | 17.7k $1.4m | Reduced -1.8k |
| OSSIAM 0.02% of their portfolio | 16.4k $1.3m | Reduced -421 |
| Versor Investments LP 0.23% of their portfolio | 16.3k $1.3m | Added +2.0k |