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 ($108.0m 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 ≈ $49.40. Options: 21 managers hold calls ($271.3m notional), 19 hold puts ($141.3m).
Trends to Q4 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 |
| Q4 2023 | 538 |
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 |
| Q4 2023 | 234 | 210 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2023 | $407.9m | $179.2m | 0.44 |
| Q2 2023 | $215.4m | $153.2m | 0.71 |
| Q3 2023 | $162.5m | $137.1m | 0.84 |
| Q4 2023 | $271.3m | $141.3m | 0.52 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +4.1m |
| VAN ECK ASSOCIATES CORP | Added | +1.9m |
| MORGAN STANLEY | Added | +1.8m |
| CIBC WORLD MARKET INC. | Added | +942.4k |
| MONTRUSCO BOLTON INVESTMENTS INC. | Added | +775.6k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Added | +694.6k |
| VOYA INVESTMENT MANAGEMENT LLC | Added | +655.3k |
| DEUTSCHE BANK AG\ | Added | +556.2k |
| FIL Ltd | Added | +550.8k |
| Nuveen Asset Management, LLC | Added | +518.3k |
Biggest sellers
| Capital World Investors | Reduced | -2.6m |
| FMR LLC | Reduced | -1.7m |
| TORONTO DOMINION BANK | Reduced | -1.5m |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. | Reduced | -966.3k |
| BANK OF NOVA SCOTIA | Reduced | -676.0k |
| Mirae Asset Global Investments Co., Ltd. | Reduced | -532.3k |
| ROYAL BANK OF CANADA | Reduced | -510.5k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -421.1k |
| CITADEL ADVISORS LLC | Reduced | -363.4k |
| STATE OF WISCONSIN INVESTMENT BOARD | Sold out | -340.7k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $91.3m1.8m shares |
| CITADEL ADVISORS LLC | Reduced | $31.2m632.2k shares |
| SIMPLEX TRADING, LLC | Added | $28.5m578.1k shares |
| JPMORGAN CHASE & CO | New | $19.7m400.0k shares |
| Parallax Volatility Advisers, L.P. | Added | $19.4m392.8k shares |
| WOLVERINE TRADING, LLC | Added | $12.9m261.8k shares |
| GROUP ONE TRADING LLC | Added | $12.0m242.9k shares |
| ROYAL BANK OF CANADA | Added | $11.7m237.3k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $11.3m228.6k shares |
| JANE STREET GROUP, LLC | Reduced | $6.0m120.9k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $38.5m780.7k shares |
| CITADEL ADVISORS LLC | Reduced | $28.9m585.1k shares |
| Parallax Volatility Advisers, L.P. | Added | $21.2m429.3k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $8.2m165.2k shares |
| PEAK6 Investments LLC | Unchanged | $7.1m143.4k shares |
| WOLVERINE TRADING, LLC | Added | $6.4m130.2k shares |
| IMC-Chicago, LLC | Reduced | $5.6m113.3k shares |
| GROUP ONE TRADING LLC | Added | $4.5m91.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $4.3m86.6k shares |
| Walleye Capital LLC | Reduced | $4.2m84.5k 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 Q4 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 Q4 2023.
Holders, Q4 2023
| Manager | Shares | Change |
|---|---|---|
| Capital World Investors 0.27% of their portfolio | 30.7m $1.5bn | Reduced -2.6m |
| First Eagle Investment Management, LLC 2.49% of their portfolio | 21.1m $1.0bn | Added +112.2k |
| VAN ECK ASSOCIATES CORP 1.84% of their portfolio | 20.5m $1.0bn | Added +1.9m |
| VANGUARD GROUP INC 0.02% of their portfolio | 16.5m $814.0m | Added +294.5k |
| FMR LLC 0.05% of their portfolio | 14.5m $714.1m | Reduced -1.7m |
| FIL Ltd 0.55% of their portfolio | 10.6m $525.2m | Added +550.8k |
| ROYAL BANK OF CANADA 0.10% of their portfolio | 8.5m $417.9m | Reduced -510.5k |
| NORGES BANK 0.07% of their portfolio | 7.9m $387.5m | Reduced -24.1k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.12% of their portfolio | 7.6m $377.0m | Added +55.9k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 6.7m $328.2m | Added +4.1m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.04% of their portfolio | 6.3m $310.8m | Reduced -9.5k |
| NEUBERGER BERMAN GROUP LLC 0.21% of their portfolio | 5.0m $246.0m | Added +129.5k |
| Mirae Asset Global Investments Co., Ltd. 0.43% of their portfolio | 4.3m $213.7m | Reduced -532.3k |
| DEUTSCHE BANK AG\ 0.11% of their portfolio | 4.2m $206.2m | Added +556.2k |
| CIBC WORLD MARKET INC. 0.57% of their portfolio | 4.1m $201.4m | Added +942.4k |
| MORGAN STANLEY 0.01% of their portfolio | 4.0m $197.5m | Added +1.8m |
| BANK OF AMERICA CORP /DE/ 0.02% of their portfolio | 3.7m $184.1m | Reduced -502 |
| Connor, Clark & Lunn Investment Management Ltd. 0.85% of their portfolio | 3.7m $182.9m | Added +142.1k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 1.76% of their portfolio | 3.6m $176.1m | Reduced -966.3k |
| BANK OF MONTREAL /CAN/ 0.06% of their portfolio | 3.5m $176.0m | Reduced -38.7k |
| NATIONAL BANK OF CANADA /FI/ 0.30% of their portfolio | 3.4m $166.1m | Added +388.4k |
| MACKENZIE FINANCIAL CORP 0.25% of their portfolio | 3.4m $167.2m | Reduced -22.7k |
| BANK OF NOVA SCOTIA 0.30% of their portfolio | 3.2m $158.4m | Reduced -676.0k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.09% of their portfolio | 3.2m $157.6m | Added +694.6k |
| BlackRock Inc. 0.00% of their portfolio | 3.1m $154.2m | Reduced -132.6k |
| Legal & General Group Plc 0.05% of their portfolio | 2.9m $145.4m | Reduced -18.9k |
| HORIZON KINETICS ASSET MANAGEMENT LLC 3.03% of their portfolio | 2.9m $144.6m | Reduced -238.8k |
| TD Asset Management Inc 0.14% of their portfolio | 2.8m $140.7m | Reduced -56.9k |
| Kopernik Global Investors, LLC 12.94% of their portfolio | 2.5m $124.9m | Reduced -41.1k |
| Amundi 0.05% of their portfolio | 2.4m $116.4m | Added +52.7k |
| Orbis Allan Gray Ltd 0.73% of their portfolio | 2.4m $116.7m | Added +7.2k |
| CREDIT SUISSE AG/ 0.09% of their portfolio | 1.9m $96.0m | Added +87.5k |
| Canoe Financial LP 1.78% of their portfolio | 1.8m $90.8m | Added +52.4k |
| Invesco Ltd. 0.02% of their portfolio | 1.8m $87.5m | Added +29.1k |
| RENAISSANCE TECHNOLOGIES LLC 0.13% of their portfolio | 1.7m $84.7m | Reduced -421.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.7m $84.5m | Added +51.9k |
| DekaBank Deutsche Girozentrale 0.17% of their portfolio | 1.7m $84.2m | Added +13.7k |
| APG Asset Management N.V. 0.15% of their portfolio | 1.7m $75.6m | Reduced -15.7k |
| TORONTO DOMINION BANK 0.11% of their portfolio | 1.5m $74.3m | Reduced -1.5m |
| Swiss National Bank 0.05% of their portfolio | 1.5m $72.8m | Reduced -44.1k |
| DUDLEY & SHANLEY, INC. 12.62% of their portfolio | 1.4m $70.8m | Reduced -13.7k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.09% of their portfolio | 1.4m $69.8m | Unchanged |
| Dixon Mitchell Investment Counsel Inc. 3.57% of their portfolio | 1.4m $67.2m | Added +1.3k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.4m $66.7m | Added +206.2k |
| Sumitomo Mitsui Trust Group, Inc. 0.05% of their portfolio | 1.3m $63.9m | Added +2.8k |
| CIBC Asset Management Inc 0.23% of their portfolio | 1.3m $61.9m | Added +165.1k |
| Allianz Asset Management GmbH 0.11% of their portfolio | 1.2m $59.2m | Added +143.3k |
| NATIXIS ADVISORS, LLC 0.15% of their portfolio | 1.2m $57.9m | Reduced -232.5k |
| GABELLI FUNDS LLC 0.43% of their portfolio | 1.1m $56.4m | Reduced -28.8k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.41% of their portfolio | 1.0m $49.6m | Reduced -66.4k |
| KEYBANK NATIONAL ASSOCIATION/OH 0.21% of their portfolio | 966.7k $47.7m | Added +11.1k |
| Alberta Investment Management Corp 0.45% of their portfolio | 957.9k $47.5m | Added +7.6k |
| MONTRUSCO BOLTON INVESTMENTS INC. 0.59% of their portfolio | 957.3k $47.5m | Added +775.6k |
| VOYA INVESTMENT MANAGEMENT LLC 0.05% of their portfolio | 896.8k $44.3m | Added +655.3k |
| UBS Group AG 0.02% of their portfolio | 814.6k $40.2m | Added +218.5k |
| Russell Investments Group, Ltd. 0.07% of their portfolio | 809.3k $40.0m | Added +166.8k |
| CANADA LIFE ASSURANCE Co 0.09% of their portfolio | 804.6k $39.5m | Reduced -18.5k |
| Moerus Capital Management LLC 11.85% of their portfolio | 797.9k $39.4m | Unchanged |
| GUARDIAN CAPITAL LP 1.40% of their portfolio | 785.8k $39.0m | Reduced -292.1k |
| SPROTT INC. 3.38% of their portfolio | 760.7k $37.5m | Reduced -38.8k |
| TOCQUEVILLE ASSET MANAGEMENT L.P. 0.65% of their portfolio | 730.0k $36.0m | Reduced -375 |
| JUPITER ASSET MANAGEMENT LTD 0.36% of their portfolio | 726.1k $35.9m | Added +58.9k |
| TD Waterhouse Canada Inc. 0.42% of their portfolio | 719.0k $45.3m | Added +108.0k |
| Clearbridge Investments, LLC 0.03% of their portfolio | 686.2k $33.9m | Added +7.3k |
| Natixis Investment Managers International 2.38% of their portfolio | 681.9k $33.6m | Reduced -137.9k |
| AXA S.A. 0.05% of their portfolio | 662.6k $32.7m | Added +305.4k |
| Addenda Capital Inc. 1.58% of their portfolio | 620.0k $40.5m | Added +220.9k |
| CITIGROUP INC 0.04% of their portfolio | 615.8k $30.5m | Reduced -105.9k |
| HSBC HOLDINGS PLC 0.03% of their portfolio | 588.6k $29.0m | Reduced -231.5k |
| TWO SIGMA INVESTMENTS, LP 0.07% of their portfolio | 582.6k $28.7m | Reduced -197.8k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 579.3k $28.7m | Added +518.3k |
| Federation des caisses Desjardins du Quebec 0.27% of their portfolio | 564.5k $29.2m | Added +16.6k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 537.2k $26.5m | Reduced -158.2k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 528.6k $26.1m | Added +24.7k |
| TWO SIGMA ADVISERS, LP 0.06% of their portfolio | 523.0k $25.8m | Reduced -37.8k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 521.1k $26.5m | Added +21.1k |
| RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio | 503.3k $24.8m | Added +6.8k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 496.6k $24.5m | Reduced -22.0k |
| Korea Investment CORP 0.06% of their portfolio | 470.7k $23.3m | Reduced -48.4k |
| MARSHALL WACE, LLP 0.04% of their portfolio | 438.3k $21.6m | Added +13.8k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 438.2k $21.6m | Reduced -15.8k |
| Douglas Lane & Associates, LLC 0.31% of their portfolio | 408.4k $20.2m | Added +97.5k |
| Fiera Capital Corp 0.06% of their portfolio | 387.3k $19.2m | Reduced -21.7k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.02% of their portfolio | 380.0k $18.8m | Reduced -20.0k |
| Progeny 3, Inc. 2.30% of their portfolio | 375.2k $18.5m | New |
| Allspring Global Investments Holdings, LLC 0.03% of their portfolio | 371.0k $18.3m | Added +1.0k |
| Stack Financial Management, Inc 2.05% of their portfolio | 368.2k $18.2m | Reduced -6.6k |
| Ion Asset Management Ltd. 1.43% of their portfolio | 344.0k $17.0m | New |
| Baird Financial Group, Inc. 0.04% of their portfolio | 336.0k $16.6m | Reduced -6.7k |
| Euro Pacific Asset Management, LLC 3.48% of their portfolio | 330.9k $16.3m | Added +458 |
| CIDEL ASSET MANAGEMENT INC 0.70% of their portfolio | 329.6k $16.3m | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 309.4k $15.3m | Unchanged |
| NORTHERN TRUST CORP 0.00% of their portfolio | 295.0k $14.6m | Added +51.7k |
| BESSEMER GROUP INC 0.03% of their portfolio | 293.2k $14.5m | Reduced -31.9k |
| MACQUARIE GROUP LTD 0.02% of their portfolio | 292.0k $14.4m | Reduced -70.6k |
| Twin Tree Management, LP 0.24% of their portfolio | 271.7k $13.4m | Added +212.2k |
| State of Tennessee, Department of Treasury 0.05% of their portfolio | 261.1k $12.9m | Unchanged |
| BARCLAYS PLC 0.01% of their portfolio | 246.7k $12.2m | Added +135.8k |
| AMF Tjanstepension AB 0.10% of their portfolio | 231.9k $11.6m | Unchanged |
| CAPITAL FUND MANAGEMENT S.A. 0.14% of their portfolio | 227.7k $11.2m | Added +126.6k |