WHEATON PRECIOUS METALS CORP WPM
COM · Common Stock · CUSIP 962879102 · ISIN CA9628791027
- SectorMaterials
- IndustryGold and Silver Ores
- 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 ($94.3m this quarter). Holder counts are more reliable. Shares outstanding: 453.1m as of 2023-12-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $40.71. Options: 19 managers hold calls ($162.5m notional), 22 hold puts ($137.1m).
Trends to Q3 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 460 |
| Q4 2022 | 511 |
| Q1 2023 | 505 |
| Q2 2023 | 510 |
| Q3 2023 | 489 |
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 | 247 | 198 |
| Q1 2023 | 214 | 205 |
| Q2 2023 | 217 | 233 |
| Q3 2023 | 192 | 225 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2022 | $284.6m | $258.0m | 0.91 |
| Q1 2023 | $407.9m | $179.2m | 0.44 |
| Q2 2023 | $215.4m | $153.2m | 0.71 |
| Q3 2023 | $162.5m | $137.1m | 0.84 |
Biggest buyers
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +5.9m |
| FIL Ltd | Added | +1.8m |
| Capital World Investors | Added | +1.3m |
| NORGES BANK | Added | +1.3m |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | Added | +1.0m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Added | +713.4k |
| ROYAL BANK OF CANADA | Added | +668.5k |
| First Eagle Investment Management, LLC | Added | +644.7k |
| MACKENZIE FINANCIAL CORP | Added | +527.4k |
| JPMORGAN CHASE & CO | Added | +468.8k |
Biggest sellers
| AMF Tjanstepension AB | Reduced | -2.3m |
| EP Wealth Advisors, LLC | Reduced | -1.4m |
| FMR LLC | Reduced | -1.4m |
| Connor, Clark & Lunn Investment Management Ltd. | Reduced | -811.6k |
| BlackRock Inc. | Reduced | -680.5k |
| AMERIPRISE FINANCIAL INC | Reduced | -561.7k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. | Reduced | -481.8k |
| CWA Asset Management Group, LLC | Reduced | -470.1k |
| VAN ECK ASSOCIATES CORP | Reduced | -423.9k |
| Triasima Portfolio Management inc. | Reduced | -408.7k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $44.6m1.1m shares |
| CITADEL ADVISORS LLC | Added | $26.9m662.9k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $15.4m379.6k shares |
| Parallax Volatility Advisers, L.P. | Reduced | $13.5m332.2k shares |
| WOLVERINE TRADING, LLC | Added | $10.0m246.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $8.3m255.5k shares |
| UBS Group AG | New | $7.5m184.4k shares |
| GROUP ONE TRADING LLC | Reduced | $6.8m167.3k shares |
| JANE STREET GROUP, LLC | Reduced | $4.9m121.5k shares |
| Walleye Trading LLC | Added | $4.9m120.5k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $38.3m944.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $20.6m507.2k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $18.0m443.9k shares |
| Caption Management, LLC | New | $8.7m215.5k shares |
| IMC-Chicago, LLC | Added | $6.2m153.0k shares |
| D. E. Shaw & Co., Inc. | Reduced | $6.1m150.4k shares |
| PEAK6 Investments LLC | Reduced | $5.8m143.4k shares |
| SIMPLEX TRADING, LLC | Added | $5.0m124.2k shares |
| WOLVERINE TRADING, LLC | Added | $4.7m116.2k shares |
| Walleye Capital LLC | Added | $3.8m94.5k 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 |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-04-23 | 6.3% |
Insider purchases and sales in Q3 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 Q3 2023.
Holders, Q3 2023
| Manager | Shares | Change |
|---|---|---|
| Capital World Investors 0.27% of their portfolio | 33.3m $1.4bn | Added +1.3m |
| First Eagle Investment Management, LLC 2.24% of their portfolio | 21.0m $851.5m | Added +644.7k |
| VAN ECK ASSOCIATES CORP 1.66% of their portfolio | 18.7m $756.9m | Reduced -423.9k |
| VANGUARD GROUP INC 0.02% of their portfolio | 16.2m $657.0m | Added +248.5k |
| FMR LLC 0.06% of their portfolio | 16.1m $655.0m | Reduced -1.4m |
| FIL Ltd 0.48% of their portfolio | 10.1m $409.7m | Added +1.8m |
| ROYAL BANK OF CANADA 0.11% of their portfolio | 9.0m $364.2m | Added +668.5k |
| NORGES BANK 0.06% of their portfolio | 7.9m $319.7m | Added +1.3m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.11% of their portfolio | 7.6m $307.6m | Added +713.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.04% of their portfolio | 6.3m $255.8m | Added +5.9m |
| Mirae Asset Global Investments Co., Ltd. 0.43% of their portfolio | 4.9m $197.2m | Added +110.8k |
| NEUBERGER BERMAN GROUP LLC 0.18% of their portfolio | 4.9m $196.9m | Added +256.0k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 2.08% of their portfolio | 4.5m $183.9m | Reduced -481.8k |
| BANK OF NOVA SCOTIA 0.42% of their portfolio | 3.9m $157.8m | Reduced -13.4k |
| BANK OF AMERICA CORP /DE/ 0.02% of their portfolio | 3.7m $151.4m | Added +215.3k |
| DEUTSCHE BANK AG\ 0.10% of their portfolio | 3.6m $146.9m | Added +152.8k |
| Connor, Clark & Lunn Investment Management Ltd. 0.76% of their portfolio | 3.6m $144.7m | Reduced -811.6k |
| BANK OF MONTREAL /CAN/ 0.06% of their portfolio | 3.5m $154.5m | Reduced -32.3k |
| MACKENZIE FINANCIAL CORP 0.23% of their portfolio | 3.4m $133.8m | Added +527.4k |
| BlackRock Inc. 0.00% of their portfolio | 3.3m $132.1m | Reduced -680.5k |
| HORIZON KINETICS ASSET MANAGEMENT LLC 2.55% of their portfolio | 3.2m $128.5m | Reduced -172.5k |
| CIBC WORLD MARKET INC. 0.46% of their portfolio | 3.1m $127.5m | Reduced -56.0k |
| TORONTO DOMINION BANK 0.10% of their portfolio | 3.0m $123.6m | Reduced -5.8k |
| NATIONAL BANK OF CANADA /FI/ 0.22% of their portfolio | 3.0m $118.4m | Reduced -277.0k |
| Legal & General Group Plc 0.04% of their portfolio | 3.0m $120.3m | Added +11.3k |
| TD Asset Management Inc 0.14% of their portfolio | 2.9m $118.0m | Added +143.2k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 2.6m $104.9m | Added +468.8k |
| Kopernik Global Investors, LLC 12.12% of their portfolio | 2.6m $104.3m | Unchanged |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.06% of their portfolio | 2.5m $102.0m | Reduced -104.0k |
| Amundi 0.05% of their portfolio | 2.4m $101.5m | Added +201.9k |
| Orbis Allan Gray Ltd 0.69% of their portfolio | 2.4m $95.6m | Reduced -370.3k |
| MORGAN STANLEY 0.01% of their portfolio | 2.2m $87.7m | Added +3.6k |
| RENAISSANCE TECHNOLOGIES LLC 0.15% of their portfolio | 2.1m $86.7m | Reduced -166.6k |
| CREDIT SUISSE AG/ 0.08% of their portfolio | 1.9m $75.3m | Added +285.4k |
| Canoe Financial LP 2.03% of their portfolio | 1.8m $72.6m | Reduced -5.8k |
| Invesco Ltd. 0.02% of their portfolio | 1.7m $70.8m | Added +7.6k |
| APG Asset Management N.V. 0.16% of their portfolio | 1.7m $77.6m | Reduced -1.9k |
| DekaBank Deutsche Girozentrale 0.16% of their portfolio | 1.7m $69.4m | Added +103.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.7m $67.5m | Added +79.7k |
| Swiss National Bank 0.05% of their portfolio | 1.5m $62.1m | Reduced -183.1k |
| DUDLEY & SHANLEY, INC. 11.10% of their portfolio | 1.4m $58.7m | Added +28.9k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.08% of their portfolio | 1.4m $57.4m | Added +7.2k |
| NATIXIS ADVISORS, LLC 0.17% of their portfolio | 1.4m $57.0m | Reduced -131.8k |
| Dixon Mitchell Investment Counsel Inc. 3.34% of their portfolio | 1.4m $55.2m | Reduced -7.0k |
| Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio | 1.3m $52.4m | Added +106.9k |
| GABELLI FUNDS LLC 0.39% of their portfolio | 1.2m $47.5m | Added +18.1k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.1m $46.5m | Added +73.6k |
| CIBC Asset Management Inc 0.18% of their portfolio | 1.1m $44.2m | Added +188.0k |
| GUARDIAN CAPITAL LP 1.64% of their portfolio | 1.1m $43.9m | Reduced -160.1k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.41% of their portfolio | 1.1m $43.5m | Added +1.0m |
| Allianz Asset Management GmbH 0.09% of their portfolio | 1.1m $42.8m | Reduced -844 |
| KEYBANK NATIONAL ASSOCIATION/OH 0.19% of their portfolio | 955.7k $38.8m | Added +22.1k |
| Alberta Investment Management Corp 0.41% of their portfolio | 950.3k $38.7m | Added +25.5k |
| CANADA LIFE ASSURANCE Co 0.08% of their portfolio | 823.1k $33.5m | Reduced -19.5k |
| HSBC HOLDINGS PLC 0.04% of their portfolio | 820.1k $33.3m | Reduced -652 |
| Natixis Investment Managers International 2.57% of their portfolio | 819.9k $33.2m | Reduced -103.7k |
| SPROTT INC. 3.37% of their portfolio | 799.5k $37.4m | Added +36.7k |
| Moerus Capital Management LLC 10.68% of their portfolio | 797.9k $32.4m | Reduced -99.1k |
| TWO SIGMA INVESTMENTS, LP 0.09% of their portfolio | 780.4k $31.6m | Added +188.0k |
| TOCQUEVILLE ASSET MANAGEMENT L.P. 0.56% of their portfolio | 730.4k $29.6m | Reduced -32.0k |
| CITIGROUP INC 0.04% of their portfolio | 721.7k $29.4m | Added +209.5k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 695.4k $28.2m | Added +124.4k |
| Clearbridge Investments, LLC 0.03% of their portfolio | 678.9k $27.5m | Reduced -8.1k |
| JUPITER ASSET MANAGEMENT LTD 0.30% of their portfolio | 667.2k $27.1m | Reduced -241.6k |
| Russell Investments Group, Ltd. 0.05% of their portfolio | 642.5k $26.1m | Reduced -70.3k |
| TD Waterhouse Canada Inc. 0.33% of their portfolio | 611.1k $32.1m | Added +216 |
| UBS Group AG 0.01% of their portfolio | 596.1k $24.2m | Reduced -124.5k |
| TWO SIGMA ADVISERS, LP 0.06% of their portfolio | 560.8k $22.7m | Added +12.6k |
| Federation des caisses Desjardins du Quebec 0.24% of their portfolio | 547.9k $23.4m | Added +4.7k |
| Korea Investment CORP 0.06% of their portfolio | 519.0k $21.2m | Reduced -12.5k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 518.6k $21.0m | Reduced -14.3k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 503.9k $20.4m | Added +16.3k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 500.1k $21.0m | Reduced -561.7k |
| RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio | 496.6k $20.1m | Added +17.7k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 454.0k $18.4m | Added +17.5k |
| MARSHALL WACE, LLP 0.04% of their portfolio | 424.6k $17.2m | Added +381.8k |
| Fiera Capital Corp 0.05% of their portfolio | 408.9k $16.6m | Added +2.5k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.02% of their portfolio | 400.0k $16.1m | Reduced -10.0k |
| Addenda Capital Inc. 0.96% of their portfolio | 399.1k $22.0m | Reduced -379.2k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 395.1k $16.0m | Added +190.3k |
| Stack Financial Management, Inc 1.77% of their portfolio | 374.8k $15.2m | Added +3.5k |
| Allspring Global Investments Holdings, LLC 0.03% of their portfolio | 370.0k $15.0m | Unchanged |
| MACQUARIE GROUP LTD 0.02% of their portfolio | 362.6k $14.7m | Reduced -17.0k |
| AXA S.A. 0.05% of their portfolio | 357.2k $14.5m | Added +19.4k |
| JANUS HENDERSON GROUP PLC 0.01% of their portfolio | 351.2k $14.3m | Added +237.9k |
| Baird Financial Group, Inc. 0.04% of their portfolio | 342.7k $13.9m | Added +963 |
| STATE OF WISCONSIN INVESTMENT BOARD 0.04% of their portfolio | 340.7k $13.9m | Reduced -32.9k |
| Euro Pacific Asset Management, LLC 3.14% of their portfolio | 330.5k $13.4m | Added +2.5k |
| BESSEMER GROUP INC 0.03% of their portfolio | 325.2k $13.2m | Reduced -15.9k |
| Douglas Lane & Associates, LLC 0.21% of their portfolio | 310.9k $12.6m | Added +202.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 309.4k $12.5m | Reduced -64.9k |
| HighTower Advisors, LLC 0.02% of their portfolio | 287.5k $11.7m | Added +42.5k |
| State of Tennessee, Department of Treasury 0.04% of their portfolio | 261.1k $10.6m | Unchanged |
| NORTHERN TRUST CORP 0.00% of their portfolio | 243.3k $9.9m | Added +3.8k |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 241.5k $9.8m | Added +14.7k |
| AMF Tjanstepension AB 0.09% of their portfolio | 231.9k $9.5m | Reduced -2.3m |
| Quadrature Capital Ltd 0.19% of their portfolio | 231.1k $9.4m | Added +118.2k |
| U S GLOBAL INVESTORS INC 0.77% of their portfolio | 230.8k $9.4m | Reduced -19.4k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 229.4k $9.3m | Reduced -13.3k |
| SCHWARTZ INVESTMENT COUNSEL INC 0.39% of their portfolio | 227.5k $9.2m | Added +47.5k |