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 ($10.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $87.31. Options: 9 managers hold calls ($6.8m notional), 10 hold puts ($12.3m).
Trends to Q4 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 |
| Q3 2024 | 208 |
| Q4 2024 | 211 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2023 | 92 | 103 |
| Q2 2023 | 93 | 99 |
| Q3 2023 | 94 | 99 |
| Q4 2023 | 95 | 101 |
| Q1 2024 | 98 | 109 |
| Q2 2024 | 104 | 101 |
| Q3 2024 | 85 | 117 |
| Q4 2024 | 105 | 95 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $53.0m | $20.8m | 0.39 |
| Q2 2024 | $6.1m | $5.2m | 0.85 |
| Q3 2024 | $30.7m | $7.9m | 0.26 |
| Q4 2024 | $6.8m | $12.3m | 1.80 |
Biggest buyers
| FIL Ltd | Added | +1.3m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +780.3k |
| MACKENZIE FINANCIAL CORP | Added | +739.0k |
| BANK OF AMERICA CORP /DE/ | Added | +210.1k |
| 1832 Asset Management L.P. | Added | +166.4k |
| UBS Group AG | Added | +130.8k |
| Connor, Clark & Lunn Investment Management Ltd. | Added | +119.8k |
| MANNING & NAPIER ADVISORS LLC | Added | +109.4k |
| Alberta Investment Management Corp | Added | +108.7k |
| TD Asset Management Inc | Added | +100.4k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -251.0k |
| GOLDMAN SACHS GROUP INC | Reduced | -248.3k |
| KGH Ltd | Reduced | -153.0k |
| BANK OF MONTREAL /CAN/ | Reduced | -148.1k |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | Sold out | -127.1k |
| Grantham, Mayo, Van Otterloo & Co. LLC | Reduced | -105.5k |
| Cerity Partners LLC | Reduced | -102.4k |
| Scheer, Rowlett & Associates Investment Management Ltd. | Sold out | -72.8k |
| Pictet Asset Management Holding SA | Reduced | -64.8k |
| Candriam S.C.A. | Sold out | -59.9k |
Biggest calls
| SIG North Trading, ULC | Reduced | $3.0m34.8k shares |
| NATIONAL BANK OF CANADA /FI/ | New | $1.8m210 shares |
| CITADEL ADVISORS LLC | Reduced | $882.8k10.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $372.2k4.3k shares |
| WOLVERINE TRADING, LLC | Added | $344.4k4.0k shares |
| BANK OF MONTREAL /CAN/ | Reduced | $216.3k2.5k shares |
| TORONTO DOMINION BANK | New | $173.1k2.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $8.0k100 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| Genus Capital Management Inc. | Added | $7.1m82.0k shares |
| CITADEL ADVISORS LLC | Added | $1.5m16.8k shares |
| WOLVERINE TRADING, LLC | Added | $1.1m12.9k shares |
| Fulcrum Asset Management LLP | Reduced | $825.5k12.3k shares |
| SIG North Trading, ULC | Reduced | $787.6k9.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $502.0k5.8k shares |
| NATIONAL BANK OF CANADA /FI/ | New | $355.6k41 shares |
| TORONTO DOMINION BANK | New | $86.5k1.0k shares |
| SIMPLEX TRADING, LLC | Added | $43.0k500 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 Q4 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 Q4 2024.
Holders, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| FIL Ltd 0.41% of their portfolio | 5.0m $436.9m | Added +1.3m |
| ROYAL BANK OF CANADA 0.06% of their portfolio | 3.0m $258.0m | Added +8.8k |
| VANGUARD GROUP INC 0.00% of their portfolio | 2.8m $246.7m | Added +12.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio | 2.2m $187.1m | Added +780.3k |
| BANK OF MONTREAL /CAN/ 0.09% of their portfolio | 2.2m $186.1m | Reduced -148.1k |
| FMR LLC 0.01% of their portfolio | 1.4m $125.4m | Added +8 |
| 1832 Asset Management L.P. 0.21% of their portfolio | 1.4m $117.5m | Added +166.4k |
| LETKO, BROSSEAU & ASSOCIATES INC 1.86% of their portfolio | 1.1m $96.2m | Reduced -24.2k |
| Pictet Asset Management Holding SA 0.10% of their portfolio | 1.1m $91.7m | Reduced -64.8k |
| NORGES BANK 0.01% of their portfolio | 943.0k $81.6m | Reduced -8.8k |
| Thrivent Financial for Lutherans 0.16% of their portfolio | 926.3k $80.2m | Reduced -12.8k |
| MACKENZIE FINANCIAL CORP 0.04% of their portfolio | 914.5k $78.4m | Added +739.0k |
| MANNING & NAPIER ADVISORS LLC 0.84% of their portfolio | 853.0k $73.8m | Added +109.4k |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. 0.79% of their portfolio | 639.8k $79.7m | Added +7.7k |
| Vontobel Holding Ltd. 0.18% of their portfolio | 607.4k $52.6m | Added +35.9k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.11% of their portfolio | 397.0k $34.4m | Reduced -105.5k |
| ROBOTTI ROBERT 5.02% of their portfolio | 330.7k $28.6m | Added +390 |
| TD Asset Management Inc 0.03% of their portfolio | 329.8k $28.6m | Added +100.4k |
| Connor, Clark & Lunn Investment Management Ltd. 0.12% of their portfolio | 317.2k $27.5m | Added +119.8k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 315.0k $27.3m | Added +210.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 306.5k $26.4m | Added +73.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 303.7k $26.3m | Reduced -1.6k |
| Alberta Investment Management Corp 0.17% of their portfolio | 293.9k $25.5m | Added +108.7k |
| HORIZON KINETICS ASSET MANAGEMENT LLC 0.30% of their portfolio | 281.4k $24.4m | Added +44.4k |
| BlackRock, Inc. 0.00% of their portfolio | 278.9k $24.1m | Added +40.3k |
| Legal & General Group Plc 0.01% of their portfolio | 253.8k $22.0m | Reduced -21.2k |
| MORGAN STANLEY 0.00% of their portfolio | 249.0k $21.6m | Added +19.8k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 242.9k $21.0m | Reduced -251.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 224.2k $19.4m | Reduced -248.3k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.02% of their portfolio | 212.7k $18.4m | Unchanged |
| Amundi 0.01% of their portfolio | 196.6k $16.8m | Reduced -23.9k |
| VAN ECK ASSOCIATES CORP 0.02% of their portfolio | 181.0k $15.7m | Reduced -12.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 180.6k $15.7m | Added +36.9k |
| UBS Group AG 0.00% of their portfolio | 177.0k $15.3m | Added +130.8k |
| Swiss National Bank 0.01% of their portfolio | 158.6k $13.7m | Reduced -8.4k |
| Galibier Capital Management Ltd. 3.92% of their portfolio | 158.5k $13.7m | Reduced -50.9k |
| KGH Ltd 1.03% of their portfolio | 154.0k $13.3m | Reduced -153.0k |
| Cerity Partners LLC 0.03% of their portfolio | 145.0k $14.1m | Reduced -102.4k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 138.4k $12.0m | Added +14.2k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 130.8k $11.3m | Reduced -25.1k |
| T. Rowe Price Investment Management, Inc. 0.01% of their portfolio | 130.4k $11.3m | Added +5.3k |
| Impala Asset Management LLC 9.06% of their portfolio | 129.3k $11.2m | Added +9.3k |
| Smead Capital Management, Inc. 0.16% of their portfolio | 122.3k $10.6m | Added +4.2k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 120.4k $10.4m | Added +29.1k |
| CREDIT AGRICOLE S A 0.03% of their portfolio | 119.2k $10.3m | Reduced -2.6k |
| JANUS HENDERSON GROUP PLC 0.01% of their portfolio | 115.9k $9.9m | Added +41.1k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 114.7k $9.9m | Added +24.7k |
| Waratah Capital Advisors Ltd. 0.52% of their portfolio | 107.0k $9.3m | Added +16.3k |
| SCOTIA CAPITAL INC. 0.05% of their portfolio | 105.8k $9.2m | Added +57.3k |
| NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio | 105.5k $9.1m | Added +3.7k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 86.4k $7.5m | Reduced -27.7k |
| Crestline Management, L.P. 0.25% of their portfolio | 82.8k $7.2m | New |
| BANK OF NOVA SCOTIA 0.01% of their portfolio | 82.4k $7.1m | Added +1.2k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 82.2k $6.9m | Added +7.0k |
| Invesco Ltd. 0.00% of their portfolio | 77.8k $6.7m | Reduced -19.0k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 76.9k $6.7m | Reduced -10.7k |
| CIBC Asset Management Inc 0.02% of their portfolio | 71.2k $6.2m | Reduced -273 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 70.1k $6.1m | Reduced -6.9k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 64.7k $5.6m | Reduced -13.1k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 59.5k $5.2m | Added +10.8k |
| Korea Investment CORP 0.01% of their portfolio | 58.4k $5.1m | Added +13.8k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 55.3k $4.8m | Reduced -15.9k |
| BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.05% of their portfolio | 52.7k $4.6m | Reduced -612 |
| CIBC WORLD MARKET INC. 0.01% of their portfolio | 48.6k $4.2m | Reduced -495 |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.01% of their portfolio | 37.2k $3.2m | Reduced -830 |
| Lightrock Netherlands B.V. 1.12% of their portfolio | 36.8k $3.2m | First filing |
| Maryland State Retirement & Pension System 0.07% of their portfolio | 35.9k $3.1m | Added +1.6k |
| DekaBank Deutsche Girozentrale 0.01% of their portfolio | 34.5k $3.0m | Unchanged |
| Federation des caisses Desjardins du Quebec 0.01% of their portfolio | 32.4k $2.8m | Reduced -37.1k |
| TORONTO DOMINION BANK 0.01% of their portfolio | 32.1k $2.8m | Added +12.3k |
| AVIVA PLC 0.01% of their portfolio | 30.6k $2.7m | New |
| Hudson Bay Capital Management LP 0.02% of their portfolio | 30.0k $2.6m | Reduced -5.0k |
| Assenagon Asset Management S.A. 0.00% of their portfolio | 27.9k $2.4m | Reduced -1.1k |
| AGF MANAGEMENT LTD 0.01% of their portfolio | 27.2k $2.4m | Reduced -364 |
| Northwest & Ethical Investments L.P. 0.06% of their portfolio | 26.5k $2.3m | Added +604 |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.01% of their portfolio | 25.9k $2.2m | Reduced -2.3k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 24.6k $2.1m | Added +2.0k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 24.4k $2.1m | Added +24.3k |
| Triasima Portfolio Management inc. 0.40% of their portfolio | 24.0k $2.1m | Reduced -2.1k |
| Swiss Life Asset Management Ltd 0.02% of their portfolio | 23.6k $2.0m | Added +5.7k |
| Baird Financial Group, Inc. 0.00% of their portfolio | 23.4k $2.0m | Reduced -1.0k |
| Metis Global Partners, LLC 0.06% of their portfolio | 22.9k $2.0m | Added +1.9k |
| Mn Services Vermogensbeheer B.V. 0.01% of their portfolio | 22.6k $2.0m | Unchanged |
| Point72 Asset Management, L.P. 0.01% of their portfolio | 21.8k $1.9m | Added +18.8k |
| CoreCommodity Management, LLC 0.35% of their portfolio | 21.0k $1.8m | Added +6.6k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio | 20.4k $1.8m | Reduced -178 |
| INTACT INVESTMENT MANAGEMENT INC. 0.06% of their portfolio | 20.2k $1.8m | Unchanged |
| Cubist Systematic Strategies, LLC 0.03% of their portfolio | 19.2k $1.7m | New |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 19.0k $1.6m | Reduced -6.3k |
| TURTLE CREEK ASSET MANAGEMENT INC. 0.04% of their portfolio | 18.4k $1.6m | Reduced -800 |
| TD Waterhouse Canada Inc. 0.01% of their portfolio | 17.7k $1.5m | Added +2.0k |
| CITIGROUP INC 0.00% of their portfolio | 17.5k $1.5m | Added +8.1k |
| INTECH INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 16.4k $1.4m | Added +13.3k |
| Pacifica Partners Inc. 0.49% of their portfolio | 13.4k $1.1m | Reduced -20 |
| MGO ONE SEVEN LLC 0.04% of their portfolio | 13.3k $1.2m | Added +3.9k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.01% of their portfolio | 13.0k $1.1m | Reduced -23.2k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.01% of their portfolio | 12.3k $1.1m | Reduced -124 |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 12.2k $1.1m | Added +228 |
| NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio | 12.0k $1.0m | Added +1.6k |
| Union Bancaire Privee, UBP SA 0.02% of their portfolio | 12.0k $1.0m | First filing |