Vault-13

WEST FRASER TIMBER CO LTD WFG

COM · Common Stock · CUSIP 952845105 · ISIN CA9528451052

208 institutional holders +1 vs Q2 2024
31,513,93331.5m shares reported held*
$3.1bnreported value*
21 new 64 added 95 reduced 22 sold out net bought ≈ $94.1m (+1.1m 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 ($6.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $97.75. Options: 8 managers hold calls ($30.7m notional), 10 hold puts ($7.9m).

Trends to Q3 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: 207Q3 24: 208208Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 2022182
Q4 2022199
Q1 2023195
Q2 2023199
Q3 2023204
Q4 2023199
Q1 2024201
Q2 2024207
Q3 2024208

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 outQ1 23: 92 bought or addedQ1 23: 103 cut or sold outQ1 23Q2 23: 93 bought or addedQ2 23: 99 cut or sold outQ3 23: 94 bought or addedQ3 23: 99 cut or sold outQ3 23Q4 23: 95 bought or addedQ4 23: 101 cut or sold outQ1 24: 98 bought or addedQ1 24: 109 cut or sold outQ1 24Q2 24: 104 bought or addedQ2 24: 101 cut or sold outQ3 24: 85 bought or addedQ3 24: 117 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 202278112
Q1 202392103
Q2 20239399
Q3 20239499
Q4 202395101
Q1 202498109
Q2 2024104101
Q3 202485117

Calls vs puts

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

CallsPuts
$0$20m$40m$60mQ4 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 0.85Q3 24 calls: $30.7mQ3 24 puts: $7.9mQ3 24P/C 0.26
Numbers
QuarterCallsPutsP/C
Q4 2023$4.3m$2.4m0.57
Q1 2024$53.0m$20.8m0.39
Q2 2024$6.1m$5.2m0.85
Q3 2024$30.7m$7.9m0.26

Biggest buyers

FIL Ltd Added +1,004,125+1.0m
PRICE T ROWE ASSOCIATES INC /MD/ Added +295,816+295.8k
FMR LLC Added +266,298+266.3k
Thrivent Financial for Lutherans Added +254,220+254.2k
1832 Asset Management L.P. Added +201,353+201.4k
VAN ECK ASSOCIATES CORP Added +189,092+189.1k
MANNING & NAPIER ADVISORS LLC Added +185,685+185.7k
Cerity Partners LLC Added +138,871+138.9k
INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC New +127,055+127.1k
KGH Ltd Added +119,548+119.5k

Biggest sellers

GRS Advisors, LLC Sold out -262,864-262.9k
Pictet Asset Management Holding SA Reduced -190,821-190.8k
Connor, Clark & Lunn Investment Management Ltd. Reduced -164,545-164.5k
JPMORGAN CHASE & CO Reduced -133,658-133.7k
Mountaineer Partners Management, LLC Sold out -122,541-122.5k
MACKENZIE FINANCIAL CORP Reduced -106,173-106.2k
ROYAL BANK OF CANADA Reduced -93,658-93.7k
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp Reduced -81,394-81.4k
Man Group plc Reduced -81,276-81.3k
TD Asset Management Inc Reduced -74,604-74.6k

Biggest calls

Waratah Capital Advisors Ltd. New $19.8m150.0k shares
SIG North Trading, ULC Reduced $4.1m41.8k shares
BANK OF MONTREAL /CAN/ New $2.9m30.6k shares
CITADEL ADVISORS LLC Added $2.8m29.1k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $710.7k7.3k shares
WOLVERINE TRADING, LLC New $318.4k3.3k shares
SIMPLEX TRADING, LLC Reduced $29.0k300 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

Fulcrum Asset Management LLP Reduced $2.1m29.1k shares
Genus Capital Management Inc. Added $1.4m14.8k shares
SIG North Trading, ULC Reduced $1.4m14.0k shares
CITADEL ADVISORS LLC Added $1.3m13.5k shares
CIBC WORLD MARKET INC. Added $760.0k7.8k shares
WOLVERINE TRADING, LLC New $453.4k4.7k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $399.2k4.1k shares
SIMPLEX TRADING, LLC Reduced $38.0k400 shares
BANK OF MONTREAL /CAN/ New $28.9k300 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 Q3 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 Q3 2024.

Holders, Q3 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FIL Ltd 0.33% of their portfolio HAMILTON, D0 3,722,0303.7m $362.6m $362.6m 0.33% Added +1.0m +1,004,125
2 ROYAL BANK OF CANADA 0.06% of their portfolio TORONTO, A6 2,971,8593.0m $289.3m $289.3m 0.06% Reduced -93.7k -93,658
3 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 2,833,7892.8m $276.1m $276.1m 0.00% Added +26.0k +25,965
4 BANK OF MONTREAL /CAN/ 0.10% of their portfolio TORONTO, A6 2,298,8472.3m $221.3m $221.3m 0.10% Added +42.5k +42,547
5 FMR LLC 0.01% of their portfolio BOSTON, MA 1,447,8231.4m $141.0m $141.0m 0.01% Added +266.3k +266,298
6 PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio BALTIMORE, MD 1,381,7361.4m $134.5m $134.5m 0.02% Added +295.8k +295,816
7 1832 Asset Management L.P. 0.19% of their portfolio TORONTO, A6 1,190,7271.2m $115.9m $115.9m 0.19% Added +201.4k +201,353
8 LETKO, BROSSEAU & ASSOCIATES INC 2.01% of their portfolio MONTREAL, A8 1,135,6161.1m $110.8m $110.8m 2.01% Added +6.1k +6,090
9 Pictet Asset Management Holding SA 0.12% of their portfolio CAROUGE, V8 1,123,2551.1m $109.8m $109.8m 0.12% Reduced -190.8k -190,821
10 NORGES BANK 0.01% of their portfolio OSLO, Q8 951,864951.9k $92.7m $92.7m 0.01% Unchanged
11 Thrivent Financial for Lutherans 0.17% of their portfolio Minneapolis, MN 939,079939.1k $91.4m $91.4m 0.17% Added +254.2k +254,220
12 MANNING & NAPIER ADVISORS LLC 0.80% of their portfolio Fairport, NY 743,591743.6k $72.4m $72.4m 0.80% Added +185.7k +185,685
13 VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. 0.85% of their portfolio AMSTERDAM, P7 632,091632.1k $83.3m $83.3m 0.85% Reduced -60.4k -60,362
14 Vontobel Holding Ltd. 0.18% of their portfolio ZURICH, V8 571,583571.6k $55.7m $55.7m 0.18% Added +39.7k +39,651
15 Grantham, Mayo, Van Otterloo & Co. LLC 0.15% of their portfolio Boston, MA 502,423502.4k $49.0m $49.0m 0.15% Reduced -43.2k -43,234
16 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 493,902493.9k $48.1m $48.1m 0.00% Reduced -133.7k -133,658
17 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 472,514472.5k $46.0m $46.0m 0.01% Added +20.4k +20,355
18 ROBOTTI ROBERT 4.89% of their portfolio NEW YORK, NY 330,262330.3k $32.2m $32.2m 4.89% Reduced -363 -363
19 KGH Ltd 2.12% of their portfolio NASSAU, C5 307,000307.0k $29.9m $29.9m 2.12% Added +119.5k +119,548
20 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 305,316305.3k $29.8m $29.8m 0.01% Added +4.9k +4,945
21 Legal & General Group Plc 0.01% of their portfolio London, X0 275,080275.1k $26.8m $26.8m 0.01% Added +14.0k +13,961
22 Cerity Partners LLC 0.05% of their portfolio NEW YORK, NY 247,400247.4k $24.1m $24.1m 0.05% Added +138.9k +138,871
23 BlackRock, Inc. 0.00% of their portfolio New York, NY 238,630238.6k $23.2m $23.2m 0.00% First filing
24 HORIZON KINETICS ASSET MANAGEMENT LLC 0.35% of their portfolio NEW YORK, NY 236,943236.9k $23.1m $23.1m 0.35% Reduced -233 -233
25 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 233,128233.1k $22.5m $22.5m 0.00% Added +14.7k +14,662
26 TD Asset Management Inc 0.02% of their portfolio Toronto, A6 229,414229.4k $22.2m $22.2m 0.02% Reduced -74.6k -74,604
27 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 229,209229.2k $22.3m $22.3m 0.00% Added +4.8k +4,813
28 Amundi 0.01% of their portfolio Paris, I0 220,499220.5k $21.4m $21.4m 0.01% Reduced -17.6k -17,606
29 CANADA PENSION PLAN INVESTMENT BOARD 0.02% of their portfolio TORONTO ONTARIO, A6 212,719212.7k $20.7m $20.7m 0.02% Reduced -23.6k -23,600
30 Galibier Capital Management Ltd. 4.61% of their portfolio TORONTO, A6 209,423209.4k $20.4m $20.4m 4.61% Reduced -70.2k -70,232
31 Connor, Clark & Lunn Investment Management Ltd. 0.09% of their portfolio VANCOUVER, A1 197,406197.4k $19.2m $19.2m 0.09% Reduced -164.5k -164,545
32 VAN ECK ASSOCIATES CORP 0.02% of their portfolio NEW YORK, NY 193,752193.8k $18.3m $18.3m 0.02% Added +189.1k +189,092
33 Alberta Investment Management Corp 0.16% of their portfolio EDMONTON, A0 185,233185.2k $18.1m $18.1m 0.16% Added +10.3k +10,277
34 MACKENZIE FINANCIAL CORP 0.02% of their portfolio TORONTO ONTARIO, A6 175,448175.4k $17.1m $17.1m 0.02% Reduced -106.2k -106,173
35 Swiss National Bank 0.01% of their portfolio ZURICH, V8 167,038167.0k $16.3m $16.3m 0.01% Added +200 +200
36 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 155,847155.8k $15.2m $15.2m 0.01% Reduced -14.5k -14,498
37 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 143,712143.7k $14.0m $14.0m 0.01% Added +43.5k +43,549
38 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio ORLANDO, FL 127,055127.1k $1.3k $1.3k 0.00% New
39 T. Rowe Price Investment Management, Inc. 0.01% of their portfolio BALTIMORE, MD 125,063125.1k $12.2m $12.2m 0.01% Reduced -5.6k -5,618
40 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 124,246124.2k $12.1m $12.1m 0.00% Reduced -8.3k -8,310
41 CREDIT AGRICOLE S A 0.06% of their portfolio Montrouge Cedex, I0 121,759121.8k $11.9m $11.9m 0.06% Reduced -13.8k -13,800
42 Impala Asset Management LLC 9.61% of their portfolio Palm Beach, FL 120,000120.0k $15.8m $15.8m 9.61% Reduced -5.0k -5,000
43 Smead Capital Management, Inc. 0.16% of their portfolio Phoenix, AZ 118,108118.1k $11.5m $11.5m 0.16% Added +5.7k +5,743
44 Qube Research & Technologies Ltd 0.02% of their portfolio LONDON, X0 114,074114.1k $11.1m $11.1m 0.02% Reduced -5.5k -5,500
45 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 104,912104.9k $10.2m $10.2m 0.00% Added +62.4k +62,398
46 NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio MONTREAL, A8 101,797101.8k $9.9m $9.9m 0.01% Reduced -7.4k -7,383
47 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 96,79096.8k $9.4m $9.4m 0.00% Reduced -17.7k -17,743
48 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 91,29991.3k $8.9m $8.9m 0.01% Added +85.8k +85,783
49 Waratah Capital Advisors Ltd. 0.53% of their portfolio TORONTO, A6 90,67090.7k $8.8m $8.8m 0.53% Unchanged
50 Allianz Asset Management GmbH 0.01% of their portfolio MUNICH, 2M 90,03090.0k $8.8m $8.8m 0.01% Added +37.0k +36,995
51 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 87,59987.6k $8.5m $8.5m 0.00% Added +11.1k +11,091
52 BANK OF NOVA SCOTIA 0.02% of their portfolio TORONTO, A6 81,19581.2k $7.9m $7.9m 0.02% Reduced -256 -256
53 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 77,78777.8k $7.6m $7.6m 0.01% Reduced -6.9k -6,903
54 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 77,04777.0k $7.5m $7.5m 0.00% Reduced -7.8k -7,759
55 CANADA LIFE ASSURANCE Co 0.01% of their portfolio WINNIPEG, A2 75,20375.2k $7.3m $7.3m 0.01% Added +6.7k +6,666
56 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 74,81474.8k $7.3m $7.3m 0.00% Added +59.3k +59,347
57 Scheer, Rowlett & Associates Investment Management Ltd. 0.49% of their portfolio TORONTO, A6 72,78572.8k $7.1m $7.1m 0.49% Reduced -67.9k -67,892
58 CIBC Asset Management Inc 0.02% of their portfolio TORONTO, Z4 71,47171.5k $7.0m $7.0m 0.02% Added +311 +311
59 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 71,27571.3k $7.0m $7.0m 0.00% Reduced -761 -761
60 Federation des caisses Desjardins du Quebec 0.03% of their portfolio LEVIS, A8 69,58269.6k $6.7m $6.7m 0.03% Reduced -42.0k -42,041
61 Candriam S.C.A. 0.03% of their portfolio STRASSEN, N4 59,88559.9k $5.8m $5.8m 0.03% Unchanged
62 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.05% of their portfolio Madrid, U3 53,28553.3k $5.2m $5.2m 0.05% Reduced -17.5k -17,525
63 SCOPUS ASSET MANAGEMENT, L.P. 0.14% of their portfolio NEW YORK, NY 50,00050.0k $4.9m $4.9m 0.14% New
64 CIBC WORLD MARKET INC. 0.01% of their portfolio TORONTO, A6 49,09149.1k $4.8m $4.8m 0.01% Reduced -22.5k -22,542
65 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 48,68548.7k $4.7m $4.7m 0.00% Reduced -5.2k -5,246
66 SCOTIA CAPITAL INC. 0.02% of their portfolio TORONTO, A6 48,45248.5k $4.7m $4.7m 0.02% Added +4.0k +3,956
67 UBS Group AG 0.00% of their portfolio ZURICH, V8 46,26646.3k $4.5m $4.5m 0.00% Reduced -27.3k -27,293
68 Korea Investment CORP 0.01% of their portfolio SEOUL, M5 44,61544.6k $4.4m $4.4m 0.01% Reduced -5.0k -5,000
69 Zurcher Kantonalbank (Zurich Cantonalbank) 0.01% of their portfolio ZURICH, V8 38,06638.1k $3.7m $3.7m 0.01% Added +8.4k +8,372
70 SILVERCREST ASSET MANAGEMENT GROUP LLC 0.02% of their portfolio NEW YORK, NY 36,18436.2k $3.5m $3.5m 0.02% New
71 Hudson Bay Capital Management LP 0.02% of their portfolio STAMFORD, CT 35,00035.0k $3.4m $3.4m 0.02% Unchanged
72 DekaBank Deutsche Girozentrale 0.01% of their portfolio FRANKFURT, 2M 34,46634.5k $3.3m $3.3m 0.01% Added +532 +532
73 Maryland State Retirement & Pension System 0.07% of their portfolio BALTIMORE, MD 34,30234.3k $3.3m $3.3m 0.07% Reduced -425 -425
74 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 31,60631.6k $3.1m $3.1m 0.00% New
75 Assenagon Asset Management S.A. 0.01% of their portfolio SENNINGERBERG, N4 29,02029.0k $2.8m $2.8m 0.01% Reduced -5.0k -5,032
76 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.02% of their portfolio VICTORIA, A1 28,19528.2k $2.7m $2.7m 0.02% Reduced -81.4k -81,394
77 AGF MANAGEMENT LTD 0.01% of their portfolio TORONTO, A6 27,59327.6k $2.7m $2.7m 0.01% Reduced -49.3k -49,308
78 Quadrature Capital Ltd 0.06% of their portfolio LONDON, X0 27,10027.1k $2.6m $2.6m 0.06% Reduced -73.1k -73,100
79 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 26,42226.4k $2.6m $2.6m 0.00% Added +6.9k +6,891
80 Triasima Portfolio Management inc. 0.57% of their portfolio MONTREAL, A8 26,08726.1k $2.5m $2.5m 0.57% Reduced -600 -600
81 Northwest & Ethical Investments L.P. 0.07% of their portfolio TORONTO, A6 25,93125.9k $2.5m $2.5m 0.07% Reduced -2.6k -2,628
82 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 25,25225.3k $2.5m $2.5m 0.00% Reduced -1.2k -1,159
83 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 24,41924.4k $2.4m $2.4m 0.00% Reduced -1.0k -1,000
84 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 22,62022.6k $2.2m $2.2m 0.00% Reduced -1.6k -1,614
85 Mn Services Vermogensbeheer B.V. 0.02% of their portfolio THE HAGUE, P7 22,60022.6k $2.2m $2.2m 0.02% Unchanged
86 Metis Global Partners, LLC 0.06% of their portfolio San Diego, CA 20,97821.0k $2.0m $2.0m 0.06% Added +5.7k +5,686
87 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio Boston, MA 20,59420.6k $2.0m $2.0m 0.00% Reduced -659 -659
88 INTACT INVESTMENT MANAGEMENT INC. 0.07% of their portfolio MONTREAL, A8 20,20020.2k $2.0m $2.0m 0.07% Reduced -23.5k -23,500
89 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 19,85819.9k $1.9m $1.9m 0.00% Reduced -10.2k -10,182
90 TURTLE CREEK ASSET MANAGEMENT INC. 0.04% of their portfolio TORONTO, A6 19,15019.1k $1.9m $1.9m 0.04% Reduced -1.1k -1,050
91 Swiss Life Asset Management Ltd 0.02% of their portfolio Zurich, V8 17,92617.9k $1.7m $1.7m 0.02% New
92 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 17,00017.0k $1.7m $1.7m 0.00% Reduced -16.5k -16,500
93 TD Waterhouse Canada Inc. 0.01% of their portfolio TORONTO, A6 15,67615.7k $1.5m $1.5m 0.01% Added +1.1k +1,099
94 USS Investment Management Ltd 0.01% of their portfolio London, X0 14,64414.6k $1.4m $1.4m 0.01% Added +3.1k +3,085
95 CoreCommodity Management, LLC 0.26% of their portfolio STAMFORD, CT 14,38414.4k $1.4m $1.4m 0.26% Reduced -22.0k -22,016
96 Pacifica Partners Inc. 0.54% of their portfolio SURREY, Z4 13,38613.4k $1.3m $1.3m 0.54% Added +11.9k +11,925
97 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 12,82712.8k $1.2m $1.2m 0.00% Added +8.4k +8,360
98 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.01% of their portfolio Stamford, CT 12,38412.4k $1.3m $1.3m 0.01% Reduced -988 -988
99 Gotham Asset Management, LLC 0.01% of their portfolio NEW YORK, NY 12,13012.1k $1.2m $1.2m 0.01% Added +6.8k +6,750
100 PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio DES MOINES, IA 11,97412.0k $1.2m $1.2m 0.00% Added +1.3k +1,323