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 ($15.8m 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 ≈ $47.34. Options: 25 managers hold calls ($334.2m notional), 20 hold puts ($98.3m).
Trends to Q1 2024
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 |
| Q1 2024 | 518 |
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 |
| Q1 2024 | 218 | 254 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $215.4m | $153.2m | 0.71 |
| Q3 2023 | $162.5m | $137.1m | 0.84 |
| Q4 2023 | $271.3m | $141.3m | 0.52 |
| Q1 2024 | $334.2m | $98.3m | 0.29 |
Biggest buyers
| MORGAN STANLEY | Added | +2.8m |
| TD Asset Management Inc | Added | +2.0m |
| FEDERATED HERMES, INC. | New | +1.5m |
| Mirae Asset Global Investments Co., Ltd. | Added | +1.3m |
| BANK OF AMERICA CORP /DE/ | Added | +1.2m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +1.0m |
| Allianz Asset Management GmbH | Added | +984.9k |
| ROYAL BANK OF CANADA | Added | +979.5k |
| CITADEL ADVISORS LLC | Added | +937.1k |
| Tidal Investments LLC | Added | +695.7k |
Biggest sellers
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. | Sold out | -3.6m |
| FMR LLC | Reduced | -2.7m |
| FIL Ltd | Reduced | -2.1m |
| TORONTO DOMINION BANK | Reduced | -1.3m |
| NATIXIS ADVISORS, LLC | Reduced | -1.1m |
| VAN ECK ASSOCIATES CORP | Reduced | -733.5k |
| Natixis Investment Managers International | Sold out | -681.9k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | Reduced | -650.0k |
| CIBC WORLD MARKET INC. | Reduced | -616.4k |
| BANK OF NOVA SCOTIA | Reduced | -605.1k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $172.4m3.7m shares |
| CITADEL ADVISORS LLC | Added | $36.0m763.7k shares |
| SIMPLEX TRADING, LLC | Added | $30.3m642.5k shares |
| JANE STREET GROUP, LLC | Added | $16.2m343.4k shares |
| PEAK6 Investments LLC | Added | $12.8m271.7k shares |
| WOLVERINE TRADING, LLC | Reduced | $11.2m238.6k shares |
| GROUP ONE TRADING LLC | Reduced | $10.6m224.0k shares |
| IMC-Chicago, LLC | Added | $6.9m147.0k shares |
| BANK OF MONTREAL /CAN/ | Added | $6.5m140.4k shares |
| Twin Tree Management, LP | New | $6.5m137.5k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $35.2m746.3k shares |
| CITADEL ADVISORS LLC | Reduced | $23.3m494.0k shares |
| UBS Group AG | Added | $4.8m102.4k shares |
| SIMPLEX TRADING, LLC | Added | $4.6m98.5k shares |
| JANE STREET GROUP, LLC | Added | $4.2m89.9k shares |
| WOLVERINE TRADING, LLC | Reduced | $3.7m78.9k shares |
| IMC-Chicago, LLC | Reduced | $3.5m74.2k shares |
| GROUP ONE TRADING LLC | Reduced | $3.5m73.7k shares |
| Walleye Capital LLC | Reduced | $3.3m69.4k shares |
| Verition Fund Management LLC | New | $2.3m48.9k 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 Q1 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 Q1 2024.
Holders, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| Capital World Investors 0.24% of their portfolio | 30.5m $1.4bn | Reduced -224.1k |
| First Eagle Investment Management, LLC 2.29% of their portfolio | 21.4m $1.0bn | Added +293.0k |
| VAN ECK ASSOCIATES CORP 1.41% of their portfolio | 19.8m $932.6m | Reduced -733.5k |
| VANGUARD GROUP INC 0.02% of their portfolio | 16.8m $790.4m | Added +272.9k |
| FMR LLC 0.04% of their portfolio | 11.8m $556.7m | Reduced -2.7m |
| ROYAL BANK OF CANADA 0.11% of their portfolio | 9.4m $445.4m | Added +979.5k |
| FIL Ltd 0.40% of their portfolio | 8.5m $400.9m | Reduced -2.1m |
| NORGES BANK 0.06% of their portfolio | 8.3m $391.7m | Added +457.9k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.11% of their portfolio | 7.6m $357.4m | Reduced -57.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.04% of their portfolio | 7.3m $344.5m | Added +1.0m |
| MORGAN STANLEY 0.01% of their portfolio | 6.8m $318.5m | Added +2.8m |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 6.6m $309.9m | Reduced -77.1k |
| Mirae Asset Global Investments Co., Ltd. 0.59% of their portfolio | 5.7m $273.0m | Added +1.3m |
| NEUBERGER BERMAN GROUP LLC 0.20% of their portfolio | 5.1m $239.9m | Added +106.8k |
| BANK OF AMERICA CORP /DE/ 0.02% of their portfolio | 4.9m $231.1m | Added +1.2m |
| TD Asset Management Inc 0.21% of their portfolio | 4.9m $229.0m | Added +2.0m |
| BANK OF MONTREAL /CAN/ 0.06% of their portfolio | 3.9m $180.3m | Added +418.0k |
| DEUTSCHE BANK AG\ 0.08% of their portfolio | 3.6m $170.6m | Reduced -560.2k |
| NATIONAL BANK OF CANADA /FI/ 0.34% of their portfolio | 3.6m $196.9m | Added +155.7k |
| Connor, Clark & Lunn Investment Management Ltd. 0.72% of their portfolio | 3.5m $167.1m | Reduced -161.0k |
| CIBC WORLD MARKET INC. 0.42% of their portfolio | 3.5m $163.3m | Reduced -616.4k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.13% of their portfolio | 3.0m $141.3m | Reduced -192.5k |
| BlackRock Inc. 0.00% of their portfolio | 3.0m $139.3m | Reduced -167.8k |
| Legal & General Group Plc 0.04% of their portfolio | 2.9m $137.3m | Reduced -18.6k |
| MACKENZIE FINANCIAL CORP 0.19% of their portfolio | 2.8m $133.4m | Reduced -557.3k |
| HORIZON KINETICS ASSET MANAGEMENT LLC 2.39% of their portfolio | 2.7m $126.5m | Reduced -246.3k |
| BANK OF NOVA SCOTIA 0.25% of their portfolio | 2.6m $122.8m | Reduced -605.1k |
| Kopernik Global Investors, LLC 11.85% of their portfolio | 2.4m $112.9m | Reduced -135.8k |
| Allianz Asset Management GmbH 0.16% of their portfolio | 2.2m $93.9m | Added +984.9k |
| Amundi 0.05% of their portfolio | 2.1m $112.6m | Reduced -304.9k |
| CREDIT SUISSE AG/ 0.09% of their portfolio | 1.9m $91.3m | Reduced -9.1k |
| Orbis Allan Gray Ltd 0.54% of their portfolio | 1.9m $90.6m | Reduced -441.9k |
| CIBC Asset Management Inc 0.31% of their portfolio | 1.9m $88.6m | Added +630.6k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 1.9m $87.6m | Added +505.4k |
| Canoe Financial LP 1.41% of their portfolio | 1.8m $85.5m | Reduced -25.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.8m $85.5m | Added +97.6k |
| Invesco Ltd. 0.02% of their portfolio | 1.8m $84.3m | Added +13.5k |
| DekaBank Deutsche Girozentrale 0.14% of their portfolio | 1.7m $76.1m | Reduced -59.2k |
| APG Asset Management N.V. 0.13% of their portfolio | 1.6m $71.5m | Reduced -50.0k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.08% of their portfolio | 1.6m $73.6m | Added +152.8k |
| FEDERATED HERMES, INC. 0.17% of their portfolio | 1.5m $71.7m | New |
| RENAISSANCE TECHNOLOGIES LLC 0.11% of their portfolio | 1.5m $69.4m | Reduced -242.6k |
| DUDLEY & SHANLEY, INC. 11.58% of their portfolio | 1.5m $68.6m | Added +22.0k |
| Dixon Mitchell Investment Counsel Inc. 3.26% of their portfolio | 1.4m $65.4m | Added +32.0k |
| Swiss National Bank 0.05% of their portfolio | 1.4m $64.4m | Reduced -104.5k |
| Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio | 1.2m $58.3m | Reduced -53.3k |
| GABELLI FUNDS LLC 0.39% of their portfolio | 1.1m $52.4m | Reduced -29.9k |
| KEYBANK NATIONAL ASSOCIATION/OH 0.19% of their portfolio | 997.6k $47.0m | Added +30.9k |
| CANADA LIFE ASSURANCE Co 0.09% of their portfolio | 986.7k $46.5m | Added +182.0k |
| CITADEL ADVISORS LLC 0.04% of their portfolio | 968.8k $45.7m | Added +937.1k |
| MONTRUSCO BOLTON INVESTMENTS INC. 0.45% of their portfolio | 905.7k $42.7m | Reduced -51.6k |
| GUARDIAN CAPITAL LP 1.46% of their portfolio | 889.7k $41.9m | Added +103.8k |
| Russell Investments Group, Ltd. 0.07% of their portfolio | 878.0k $41.2m | Added +68.8k |
| Addenda Capital Inc. 2.08% of their portfolio | 857.0k $54.7m | Added +237.0k |
| Alberta Investment Management Corp 0.40% of their portfolio | 847.2k $39.9m | Reduced -110.7k |
| Moerus Capital Management LLC 12.36% of their portfolio | 836.4k $39.4m | Added +38.5k |
| JUPITER ASSET MANAGEMENT LTD 0.35% of their portfolio | 773.5k $36.5m | Added +47.4k |
| TOCQUEVILLE ASSET MANAGEMENT L.P. 0.56% of their portfolio | 731.1k $34.5m | Added +1.1k |
| Tidal Investments LLC 0.58% of their portfolio | 722.8k $34.0m | Added +695.7k |
| Clearbridge Investments, LLC 0.03% of their portfolio | 705.7k $33.3m | Added +19.5k |
| UBS Group AG 0.01% of their portfolio | 691.4k $32.6m | Reduced -123.2k |
| SPROTT INC. 2.32% of their portfolio | 683.5k $32.2m | Reduced -77.2k |
| TD Waterhouse Canada Inc. 0.32% of their portfolio | 656.6k $43.4m | Reduced -62.4k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 643.9k $30.4m | Added +64.6k |
| Federation des caisses Desjardins du Quebec 0.30% of their portfolio | 643.4k $41.1m | Added +78.9k |
| TWO SIGMA INVESTMENTS, LP 0.07% of their portfolio | 628.2k $29.6m | Added +45.5k |
| HSBC HOLDINGS PLC 0.02% of their portfolio | 607.0k $28.6m | Added +18.4k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 599.4k $28.2m | Added +62.2k |
| CITIGROUP INC 0.03% of their portfolio | 584.3k $27.5m | Reduced -31.5k |
| RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio | 548.0k $25.8m | Added +44.7k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 544.6k $25.7m | Added +16.0k |
| Ruffer LLP 0.96% of their portfolio | 530.7k $25.0m | Added +330.0k |
| TWO SIGMA ADVISERS, LP 0.06% of their portfolio | 515.7k $24.3m | Reduced -7.3k |
| Quadrature Capital Ltd 0.39% of their portfolio | 484.6k $22.8m | New |
| Triasima Portfolio Management inc. 1.89% of their portfolio | 477.5k $22.5m | Added +434.9k |
| Douglas Lane & Associates, LLC 0.32% of their portfolio | 477.4k $22.5m | Added +69.0k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 446.5k $21.8m | Reduced -74.6k |
| VOYA INVESTMENT MANAGEMENT LLC 0.02% of their portfolio | 434.6k $20.5m | Reduced -462.2k |
| Fiera Capital Corp 0.06% of their portfolio | 422.6k $19.9m | Added +35.3k |
| AXA S.A. 0.06% of their portfolio | 411.8k $19.4m | Reduced -250.8k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 396.0k $18.7m | Reduced -42.2k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 386.7k $18.2m | Reduced -110.0k |
| Stack Financial Management, Inc 1.59% of their portfolio | 368.5k $17.4m | Added +294 |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.12% of their portfolio | 355.9k $16.8m | Reduced -650.0k |
| Allspring Global Investments Holdings, LLC 0.03% of their portfolio | 351.0k $16.5m | Reduced -20.0k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.07% of their portfolio | 342.4k $16.1m | Added +217.7k |
| MARSHALL WACE, LLP 0.03% of their portfolio | 341.2k $16.1m | Reduced -97.2k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.02% of their portfolio | 340.0k $16.0m | Reduced -40.0k |
| Euro Pacific Asset Management, LLC 3.19% of their portfolio | 331.5k $15.7m | Added +586 |
| Varma Mutual Pension Insurance Co 0.13% of their portfolio | 311.2k $14.7m | New |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 306.4k $14.4m | New |
| BARCLAYS PLC 0.01% of their portfolio | 292.5k $13.8m | Added +45.8k |
| MACQUARIE GROUP LTD 0.01% of their portfolio | 280.5k $13.2m | Reduced -11.5k |
| State of Tennessee, Department of Treasury 0.05% of their portfolio | 261.1k $12.3m | Unchanged |
| Twin Tree Management, LP 0.27% of their portfolio | 252.2k $11.9m | Reduced -19.5k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 247.0k $11.6m | Reduced -47.9k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 243.3k $11.5m | Added +31.6k |
| Korea Investment CORP 0.03% of their portfolio | 237.3k $11.2m | Reduced -233.4k |
| AMF Tjanstepension AB 0.08% of their portfolio | 231.9k $11.0m | Unchanged |
| SCHWARTZ INVESTMENT COUNSEL INC 0.39% of their portfolio | 230.0k $10.8m | Added +2.5k |