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 ($37.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $52.61. Options: 29 managers hold calls ($235.5m notional), 21 hold puts ($103.4m).
Trends to Q2 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 |
| Q2 2024 | 553 |
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 |
| Q2 2024 | 261 | 217 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $162.5m | $137.1m | 0.84 |
| Q4 2023 | $271.3m | $141.3m | 0.52 |
| Q1 2024 | $334.2m | $98.3m | 0.29 |
| Q2 2024 | $235.5m | $103.4m | 0.44 |
Biggest buyers
| Capital World Investors | Added | +8.8m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | New | +1.8m |
| AMF Tjanstepension AB | Added | +1.4m |
| BARINGS LLC | New | +1.2m |
| TD Asset Management Inc | Added | +1.1m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | New | +918.6k |
| KING LUTHER CAPITAL MANAGEMENT CORP | Added | +671.4k |
| Clearbridge Investments, LLC | Added | +638.4k |
| MUFG Securities EMEA plc | New | +500.0k |
| Addenda Capital Inc. | Added | +366.5k |
Biggest sellers
| Mirae Asset Global Investments Co., Ltd. | Sold out | -5.7m |
| MORGAN STANLEY | Reduced | -3.8m |
| Canoe Financial LP | Sold out | -1.8m |
| Allianz Asset Management GmbH | Reduced | -1.7m |
| Sumitomo Mitsui Trust Group, Inc. | Reduced | -1.2m |
| NATIONAL BANK OF CANADA /FI/ | Reduced | -1.2m |
| JPMORGAN CHASE & CO | Reduced | -1.0m |
| FMR LLC | Reduced | -846.6k |
| APG Asset Management N.V. | Reduced | -839.7k |
| Kopernik Global Investors, LLC | Reduced | -819.3k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $73.4m1.4m shares |
| CITADEL ADVISORS LLC | Reduced | $33.0m629.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $16.1m306.4k shares |
| PEAK6 Investments LLC | Reduced | $13.4m254.9k shares |
| JANE STREET GROUP, LLC | Reduced | $12.1m231.6k shares |
| WOLVERINE TRADING, LLC | Reduced | $12.0m228.6k shares |
| GROUP ONE TRADING LLC | Reduced | $8.8m167.2k shares |
| IMC-Chicago, LLC | Added | $8.0m151.9k shares |
| BANK OF MONTREAL /CAN/ | Reduced | $7.6m135.9k shares |
| UBS Group AG | Unchanged | $6.7m127.9k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $19.8m378.4k shares |
| CITADEL ADVISORS LLC | Reduced | $17.5m333.7k shares |
| Walleye Capital LLC | Added | $7.2m136.5k shares |
| IMC-Chicago, LLC | Added | $7.1m135.2k shares |
| UBS Group AG | Added | $6.3m121.1k shares |
| GOLDMAN SACHS GROUP INC | Added | $6.2m118.8k shares |
| Genus Capital Management Inc. | New | $5.7m109.4k shares |
| SIMPLEX TRADING, LLC | Added | $5.5m104.7k shares |
| JANE STREET GROUP, LLC | Added | $5.2m100.1k shares |
| WOLVERINE TRADING, LLC | Added | $4.3m82.8k 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 Q2 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 Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| Capital World Investors 0.34% of their portfolio | 39.3m $2.1bn | Added +8.8m |
| First Eagle Investment Management, LLC 2.50% of their portfolio | 21.1m $1.1bn | Reduced -297.5k |
| VAN ECK ASSOCIATES CORP 1.49% of their portfolio | 20.0m $1.0bn | Added +197.4k |
| VANGUARD GROUP INC 0.02% of their portfolio | 17.1m $895.8m | Added +318.1k |
| FMR LLC 0.04% of their portfolio | 11.0m $575.4m | Reduced -846.6k |
| ROYAL BANK OF CANADA 0.11% of their portfolio | 8.9m $464.3m | Reduced -592.5k |
| FIL Ltd 0.45% of their portfolio | 8.7m $456.2m | Added +190.5k |
| NORGES BANK 0.07% of their portfolio | 8.3m $436.9m | Added +20.8k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.12% of their portfolio | 7.5m $395.6m | Reduced -37.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.04% of their portfolio | 6.5m $342.0m | Reduced -784.9k |
| TD Asset Management Inc 0.29% of their portfolio | 6.0m $311.9m | Added +1.1m |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 5.6m $291.5m | Reduced -1.0m |
| NEUBERGER BERMAN GROUP LLC 0.22% of their portfolio | 5.2m $272.5m | Added +104.1k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.62% of their portfolio | 5.0m $260.1m | First filing |
| BANK OF AMERICA CORP /DE/ 0.02% of their portfolio | 4.9m $257.4m | Added +6.5k |
| Connor, Clark & Lunn Investment Management Ltd. 0.82% of their portfolio | 3.7m $194.5m | Added +163.8k |
| CIBC WORLD MARKET INC. 0.47% of their portfolio | 3.6m $187.5m | Added +109.0k |
| BANK OF MONTREAL /CAN/ 0.06% of their portfolio | 3.5m $195.3m | Reduced -401.4k |
| DEUTSCHE BANK AG\ 0.08% of their portfolio | 3.3m $175.1m | Reduced -278.5k |
| Legal & General Group Plc 0.04% of their portfolio | 3.0m $158.6m | Added +111.2k |
| MORGAN STANLEY 0.01% of their portfolio | 3.0m $156.5m | Reduced -3.8m |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.14% of their portfolio | 2.8m $147.8m | Reduced -176.3k |
| HORIZON KINETICS ASSET MANAGEMENT LLC 2.53% of their portfolio | 2.8m $144.8m | Added +76.5k |
| BlackRock Inc. 0.00% of their portfolio | 2.5m $132.6m | Reduced -426.6k |
| MACKENZIE FINANCIAL CORP 0.19% of their portfolio | 2.5m $128.9m | Reduced -372.8k |
| NATIONAL BANK OF CANADA /FI/ 0.20% of their portfolio | 2.4m $125.6m | Reduced -1.2m |
| Amundi 0.05% of their portfolio | 2.3m $125.0m | Added +155.7k |
| BANK OF NOVA SCOTIA 0.22% of their portfolio | 2.1m $109.7m | Reduced -513.2k |
| CIBC Asset Management Inc 0.38% of their portfolio | 2.1m $107.7m | Added +173.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.9m $99.7m | Added +83.5k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.10% of their portfolio | 1.9m $97.5m | Added +300.0k |
| Invesco Ltd. 0.02% of their portfolio | 1.8m $94.8m | Added +20.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.03% of their portfolio | 1.8m $92.8m | New |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 1.7m $90.6m | Reduced -129.1k |
| AMF Tjanstepension AB 0.63% of their portfolio | 1.6m $84.4m | Added +1.4m |
| DekaBank Deutsche Girozentrale 0.15% of their portfolio | 1.6m $85.6m | Reduced -47.8k |
| Kopernik Global Investors, LLC 9.31% of their portfolio | 1.6m $82.6m | Reduced -819.3k |
| DUDLEY & SHANLEY, INC. 12.87% of their portfolio | 1.4m $74.9m | Reduced -28.3k |
| FEDERATED HERMES, INC. 0.17% of their portfolio | 1.4m $72.5m | Reduced -137.7k |
| Swiss National Bank 0.05% of their portfolio | 1.4m $71.3m | Reduced -8.1k |
| Clearbridge Investments, LLC 0.06% of their portfolio | 1.3m $70.5m | Added +638.4k |
| BARINGS LLC 1.59% of their portfolio | 1.2m $65.4m | New |
| Addenda Capital Inc. 3.44% of their portfolio | 1.2m $87.8m | Added +366.5k |
| RENAISSANCE TECHNOLOGIES LLC 0.10% of their portfolio | 1.2m $60.8m | Reduced -312.5k |
| Dixon Mitchell Investment Counsel Inc. 3.04% of their portfolio | 1.2m $60.6m | Reduced -233.3k |
| Orbis Allan Gray Ltd 0.38% of their portfolio | 1.2m $60.3m | Reduced -772.9k |
| CANADA LIFE ASSURANCE Co 0.10% of their portfolio | 1.0m $53.8m | Added +45.7k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.24% of their portfolio | 1.0m $53.1m | Added +671.4k |
| KEYBANK NATIONAL ASSOCIATION/OH 0.21% of their portfolio | 980.1k $51.4m | Reduced -17.5k |
| GABELLI FUNDS LLC 0.38% of their portfolio | 967.0k $50.7m | Reduced -145.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 918.6k $48.2m | New |
| Alberta Investment Management Corp 0.51% of their portfolio | 911.4k $47.8m | Added +64.1k |
| Moerus Capital Management LLC 16.44% of their portfolio | 868.9k $45.6m | Added +32.6k |
| APG Asset Management N.V. 0.07% of their portfolio | 799.2k $39.1m | Reduced -839.7k |
| MONTRUSCO BOLTON INVESTMENTS INC. 0.43% of their portfolio | 783.6k $41.1m | Reduced -122.1k |
| Tidal Investments LLC 0.57% of their portfolio | 783.5k $41.1m | Added +60.7k |
| UBS Group AG 0.01% of their portfolio | 758.0k $39.7m | Added +66.6k |
| VOYA INVESTMENT MANAGEMENT LLC 0.04% of their portfolio | 743.1k $39.0m | Added +308.5k |
| Russell Investments Group, Ltd. 0.06% of their portfolio | 737.3k $38.8m | Reduced -140.8k |
| GUARDIAN CAPITAL LP 1.42% of their portfolio | 717.3k $37.6m | Reduced -172.4k |
| TD Waterhouse Canada Inc. 0.32% of their portfolio | 683.6k $35.8m | Added +27.0k |
| TOCQUEVILLE ASSET MANAGEMENT L.P. 0.58% of their portfolio | 669.6k $35.1m | Reduced -61.5k |
| Federation des caisses Desjardins du Quebec 0.19% of their portfolio | 668.8k $36.2m | Added +25.5k |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 660.2k $34.6m | Reduced -308.6k |
| SPROTT INC. 2.56% of their portfolio | 657.3k $34.5m | Reduced -26.1k |
| AXA S.A. 0.05% of their portfolio | 627.5k $32.9m | Added +215.7k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 584.7k $30.7m | Reduced -14.6k |
| JUPITER ASSET MANAGEMENT LTD 0.29% of their portfolio | 578.0k $30.3m | Reduced -195.4k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 569.0k $29.8m | Added +24.4k |
| TORONTO DOMINION BANK 0.05% of their portfolio | 554.0k $29.0m | Added +327.4k |
| RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio | 549.7k $28.8m | Added +1.7k |
| Quadrature Capital Ltd 0.48% of their portfolio | 543.6k $28.5m | Added +59.0k |
| JANE STREET GROUP, LLC 0.03% of their portfolio | 529.9k $27.8m | Added +286.7k |
| Allianz Asset Management GmbH 0.04% of their portfolio | 514.5k $27.0m | Reduced -1.7m |
| MUFG Securities EMEA plc 1.60% of their portfolio | 500.0k $35.9m | New |
| CITIGROUP INC 0.03% of their portfolio | 499.0k $26.2m | Reduced -85.2k |
| Douglas Lane & Associates, LLC 0.37% of their portfolio | 498.6k $26.1m | Added +21.1k |
| TWO SIGMA INVESTMENTS, LP 0.06% of their portfolio | 476.2k $25.0m | Reduced -151.9k |
| Triasima Portfolio Management inc. 2.05% of their portfolio | 427.0k $22.4m | Reduced -50.5k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 420.9k $22.1m | Added +24.9k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 419.0k $22.0m | Reduced -224.9k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 391.9k $21.5m | Reduced -54.6k |
| Fiera Capital Corp 0.06% of their portfolio | 385.7k $20.2m | Reduced -36.9k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 379.4k $19.9m | Reduced -7.3k |
| Stack Financial Management, Inc 1.78% of their portfolio | 367.2k $19.2m | Reduced -1.3k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.02% of their portfolio | 340.0k $17.8m | Unchanged |
| Lombard Odier Asset Management (Europe) Ltd 0.86% of their portfolio | 335.9k $17.6m | Added +142.8k |
| TWO SIGMA ADVISERS, LP 0.04% of their portfolio | 327.3k $17.2m | Reduced -188.4k |
| Euro Pacific Asset Management, LLC 3.35% of their portfolio | 321.6k $16.9m | Reduced -9.9k |
| Allspring Global Investments Holdings, LLC 0.03% of their portfolio | 311.0k $16.3m | Reduced -40.0k |
| Summit Financial, LLC 0.74% of their portfolio | 307.9k $16.1m | Added +86.9k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 289.4k $15.2m | Added +42.4k |
| BARCLAYS PLC 0.01% of their portfolio | 287.4k $15.1m | Reduced -5.0k |
| CADINHA & CO LLC 2.78% of their portfolio | 285.7k $15.0m | New |
| Korea Investment CORP 0.03% of their portfolio | 259.6k $13.6m | Added +22.2k |
| State of Tennessee, Department of Treasury 0.05% of their portfolio | 253.4k $13.3m | Reduced -7.7k |
| JANUS HENDERSON GROUP PLC 0.01% of their portfolio | 251.3k $13.2m | Added +160.2k |
| MACQUARIE GROUP LTD 0.02% of their portfolio | 250.7k $13.1m | Reduced -29.8k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 249.7k $13.1m | Added +103.6k |
| MUFG SECURITIES (CANADA), LTD. 0.83% of their portfolio | 239.9k $12.6m | Added +239.7k |