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 ($60.8m this quarter). Holder counts are more reliable. Shares outstanding: 453.7m as of 2024-12-31, 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 ≈ $61.66. Options: 27 managers hold calls ($229.9m notional), 27 hold puts ($142.3m).
Trends to Q3 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 |
| Q3 2024 | 606 |
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 |
| Q3 2024 | 284 | 218 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2023 | $271.3m | $141.3m | 0.52 |
| Q1 2024 | $334.2m | $98.3m | 0.29 |
| Q2 2024 | $235.5m | $103.4m | 0.44 |
| Q3 2024 | $229.9m | $142.3m | 0.62 |
Biggest buyers
| FMR LLC | Added | +3.7m |
| Canoe Financial LP | New | +1.8m |
| FIL Ltd | Added | +1.6m |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | Added | +1.2m |
| BOWEN HANES & CO INC | Added | +682.9k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Added | +634.8k |
| TD Asset Management Inc | Added | +576.8k |
| HSBC HOLDINGS PLC | Added | +521.8k |
| FEDERATED HERMES, INC. | Added | +517.5k |
| NATIONAL BANK OF CANADA /FI/ | Added | +513.9k |
Biggest sellers
| First Eagle Investment Management, LLC | Reduced | -1.8m |
| Connor, Clark & Lunn Investment Management Ltd. | Reduced | -1.3m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -1.1m |
| Clearbridge Investments, LLC | Reduced | -924.2k |
| Invesco Ltd. | Reduced | -924.1k |
| APG Asset Management N.V. | Sold out | -799.2k |
| VAN ECK ASSOCIATES CORP | Reduced | -682.9k |
| CANADA PENSION PLAN INVESTMENT BOARD | Reduced | -529.8k |
| KEYBANK NATIONAL ASSOCIATION/OH | Reduced | -509.8k |
| MONTRUSCO BOLTON INVESTMENTS INC. | Reduced | -488.3k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $56.2m920.2k shares |
| PEAK6 Investments LLC | Added | $41.5m679.6k shares |
| SIMPLEX TRADING, LLC | Added | $23.9m392.0k shares |
| CITADEL ADVISORS LLC | Reduced | $22.5m367.9k shares |
| GROUP ONE TRADING LLC | Added | $13.3m218.0k shares |
| BANK OF AMERICA CORP /DE/ | New | $11.8m194.0k shares |
| WOLVERINE TRADING, LLC | Reduced | $10.0m160.1k shares |
| IMC-Chicago, LLC | Reduced | $7.4m121.6k shares |
| JANE STREET GROUP, LLC | Reduced | $6.7m109.2k shares |
| GTS SECURITIES LLC | Added | $5.9m97.0k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $22.9m374.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $18.7m306.2k shares |
| UBS Group AG | Added | $13.3m218.6k shares |
| Walleye Capital LLC | Added | $8.7m142.6k shares |
| GOLDMAN SACHS GROUP INC | Added | $7.6m123.8k shares |
| Twin Tree Management, LP | New | $7.4m121.1k shares |
| JANE STREET GROUP, LLC | Added | $7.2m118.5k shares |
| WOLVERINE TRADING, LLC | Added | $7.0m111.6k shares |
| IMC-Chicago, LLC | Reduced | $6.4m105.3k shares |
| Verition Fund Management LLC | Added | $5.6m91.4k 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 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 Q3 2024.
Holders, Q3 2024
| Manager | Shares | Change |
|---|---|---|
| Capital World Investors 0.37% of their portfolio | 39.2m $2.4bn | Reduced -101.2k |
| First Eagle Investment Management, LLC 2.43% of their portfolio | 19.3m $1.2bn | Reduced -1.8m |
| VAN ECK ASSOCIATES CORP 1.63% of their portfolio | 19.3m $1.3bn | Reduced -682.9k |
| VANGUARD GROUP INC 0.02% of their portfolio | 17.4m $1.1bn | Added +302.9k |
| FMR LLC 0.05% of their portfolio | 14.7m $895.7m | Added +3.7m |
| FIL Ltd 0.57% of their portfolio | 10.3m $631.3m | Added +1.6m |
| ROYAL BANK OF CANADA 0.12% of their portfolio | 9.0m $548.9m | Added +130.0k |
| NORGES BANK 0.07% of their portfolio | 8.4m $512.5m | Added +60.4k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.13% of their portfolio | 7.2m $441.7m | Reduced -315.0k |
| TD Asset Management Inc 0.36% of their portfolio | 6.5m $408.8m | Added +576.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.04% of their portfolio | 5.5m $333.3m | Reduced -1.1m |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 5.4m $330.6m | Reduced -148.3k |
| BANK OF AMERICA CORP /DE/ 0.03% of their portfolio | 5.3m $322.0m | Added +361.2k |
| NEUBERGER BERMAN GROUP LLC 0.24% of their portfolio | 5.1m $311.9m | Reduced -93.6k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.67% of their portfolio | 4.9m $297.9m | Reduced -86.0k |
| CIBC WORLD MARKET INC. 0.54% of their portfolio | 3.9m $241.1m | Added +372.6k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.19% of their portfolio | 3.5m $211.2m | Added +634.8k |
| BANK OF MONTREAL /CAN/ 0.10% of their portfolio | 3.4m $213.6m | Reduced -63.4k |
| DEUTSCHE BANK AG\ 0.08% of their portfolio | 3.0m $185.8m | Reduced -298.3k |
| NATIONAL BANK OF CANADA /FI/ 0.24% of their portfolio | 2.9m $178.6m | Added +513.9k |
| MORGAN STANLEY 0.01% of their portfolio | 2.8m $170.1m | Reduced -200.7k |
| Legal & General Group Plc 0.04% of their portfolio | 2.8m $169.7m | Reduced -248.7k |
| HORIZON KINETICS ASSET MANAGEMENT LLC 2.52% of their portfolio | 2.8m $168.2m | Reduced -7.3k |
| Connor, Clark & Lunn Investment Management Ltd. 0.71% of their portfolio | 2.4m $146.9m | Reduced -1.3m |
| CIBC Asset Management Inc 0.45% of their portfolio | 2.3m $140.1m | Added +218.6k |
| BlackRock, Inc. 0.00% of their portfolio | 2.3m $138.4m | First filing |
| BANK OF NOVA SCOTIA 0.27% of their portfolio | 2.2m $132.3m | Added +73.2k |
| MACKENZIE FINANCIAL CORP 0.18% of their portfolio | 2.1m $127.5m | Reduced -370.8k |
| Amundi 0.04% of their portfolio | 2.0m $121.8m | Reduced -253.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 2.0m $121.9m | Added +111.8k |
| FEDERATED HERMES, INC. 0.25% of their portfolio | 1.9m $116.1m | Added +517.5k |
| Canoe Financial LP 2.72% of their portfolio | 1.8m $113.0m | New |
| DekaBank Deutsche Girozentrale 0.19% of their portfolio | 1.6m $101.9m | Added +26.0k |
| AMF Tjanstepension AB 0.70% of their portfolio | 1.6m $98.3m | Unchanged |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.39% of their portfolio | 1.5m $91.7m | Added +487.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio | 1.5m $89.7m | Reduced -300.1k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 1.4m $88.3m | Reduced -283.0k |
| Swiss National Bank 0.05% of their portfolio | 1.4m $83.9m | Added +10.6k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.08% of their portfolio | 1.3m $81.4m | Reduced -529.8k |
| BARINGS LLC 1.80% of their portfolio | 1.3m $77.2m | Added +16.7k |
| Orbis Allan Gray Ltd 0.41% of their portfolio | 1.3m $77.1m | Added +111.7k |
| DUDLEY & SHANLEY, INC. 12.04% of their portfolio | 1.3m $77.0m | Reduced -166.9k |
| Addenda Capital Inc. 3.71% of their portfolio | 1.3m $104.0m | Added +35.7k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.46% of their portfolio | 1.2m $76.1m | Added +1.2m |
| Kopernik Global Investors, LLC 7.19% of their portfolio | 1.2m $71.9m | Reduced -398.9k |
| UBS Group AG 0.02% of their portfolio | 1.0m $61.6m | Added +250.7k |
| RENAISSANCE TECHNOLOGIES LLC 0.09% of their portfolio | 991.4k $60.6m | Reduced -169.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 955.5k $58.4m | Added +37.0k |
| CITADEL ADVISORS LLC 0.06% of their portfolio | 886.1k $54.1m | Added +226.0k |
| Invesco Ltd. 0.01% of their portfolio | 884.3k $54.0m | Reduced -924.1k |
| CANADA LIFE ASSURANCE Co 0.09% of their portfolio | 883.6k $53.8m | Reduced -148.7k |
| TORONTO DOMINION BANK 0.09% of their portfolio | 876.3k $53.5m | Added +322.3k |
| GABELLI FUNDS LLC 0.35% of their portfolio | 798.0k $48.7m | Reduced -169.0k |
| Moerus Capital Management LLC 17.80% of their portfolio | 793.7k $48.5m | Reduced -75.2k |
| Tidal Investments LLC 0.53% of their portfolio | 791.9k $48.4m | Added +8.4k |
| Dixon Mitchell Investment Counsel Inc. 2.20% of their portfolio | 791.3k $48.4m | Reduced -363.4k |
| Alberta Investment Management Corp 0.42% of their portfolio | 787.8k $48.2m | Reduced -123.6k |
| JUPITER ASSET MANAGEMENT LTD 0.42% of their portfolio | 783.6k $47.9m | Added +205.6k |
| SPROTT INC. 3.00% of their portfolio | 768.5k $46.9m | Added +111.1k |
| BOWEN HANES & CO INC 1.19% of their portfolio | 740.0k $45.2m | Added +682.9k |
| TD Waterhouse Canada Inc. 0.36% of their portfolio | 728.1k $44.0m | Added +44.6k |
| TOCQUEVILLE ASSET MANAGEMENT L.P. 0.65% of their portfolio | 680.5k $41.6m | Added +10.9k |
| VOYA INVESTMENT MANAGEMENT LLC 0.04% of their portfolio | 671.8k $41.0m | Reduced -71.3k |
| GUARDIAN CAPITAL LP 1.42% of their portfolio | 633.0k $38.7m | Reduced -84.3k |
| Russell Investments Group, Ltd. 0.06% of their portfolio | 621.8k $38.3m | Reduced -115.5k |
| Federation des caisses Desjardins du Quebec 0.18% of their portfolio | 601.9k $36.6m | Reduced -67.0k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 586.6k $35.8m | Added +1.8k |
| HSBC HOLDINGS PLC 0.02% of their portfolio | 585.5k $35.5m | Added +521.8k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 571.2k $34.9m | Added +2.2k |
| CITIGROUP INC 0.03% of their portfolio | 550.6k $33.7m | Added +51.6k |
| RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio | 545.5k $33.3m | Reduced -4.2k |
| Allianz Asset Management GmbH 0.05% of their portfolio | 510.9k $31.2m | Reduced -3.6k |
| JANE STREET GROUP, LLC 0.05% of their portfolio | 510.2k $31.2m | Reduced -19.7k |
| Douglas Lane & Associates, LLC 0.42% of their portfolio | 502.2k $30.7m | Added +3.6k |
| MUFG Securities EMEA plc 1.69% of their portfolio | 500.0k $41.3m | Unchanged |
| KEYBANK NATIONAL ASSOCIATION/OH 0.11% of their portfolio | 470.4k $28.7m | Reduced -509.8k |
| MARSHALL WACE, LLP 0.03% of their portfolio | 433.2k $26.5m | Added +247.4k |
| AXA S.A. 0.08% of their portfolio | 430.1k $26.3m | Reduced -197.3k |
| Clearbridge Investments, LLC 0.02% of their portfolio | 419.9k $25.6m | Reduced -924.2k |
| Quadrature Capital Ltd 0.58% of their portfolio | 419.2k $25.6m | Reduced -124.4k |
| TWO SIGMA INVESTMENTS, LP 0.06% of their portfolio | 413.1k $25.2m | Reduced -63.1k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 409.5k $26.0m | Added +17.7k |
| MUFG SECURITIES (CANADA), LTD. 1.10% of their portfolio | 402.6k $24.6m | Added +162.6k |
| Fiera Capital Corp 0.07% of their portfolio | 401.1k $24.5m | Added +15.5k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 385.3k $23.6m | Reduced -33.7k |
| Man Group plc 0.06% of their portfolio | 376.0k $23.0m | Added +170.6k |
| Stack Financial Management, Inc 2.01% of their portfolio | 366.6k $22.4m | Reduced -583 |
| Bank of New York Mellon Corp 0.00% of their portfolio | 365.8k $22.3m | Reduced -13.6k |
| Lombard Odier Asset Management (Europe) Ltd 0.96% of their portfolio | 344.6k $21.1m | Added +8.7k |
| Summit Financial, LLC 0.82% of their portfolio | 344.2k $21.0m | Added +36.2k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.02% of their portfolio | 330.0k $20.2m | Reduced -10.0k |
| BARCLAYS PLC 0.01% of their portfolio | 315.9k $19.3m | Added +28.5k |
| Allspring Global Investments Holdings, LLC 0.03% of their portfolio | 311.0k $19.0m | Unchanged |
| Twin Tree Management, LP 0.44% of their portfolio | 310.8k $19.0m | Added +112.0k |
| Euro Pacific Asset Management, LLC 3.45% of their portfolio | 306.4k $18.7m | Reduced -15.2k |
| MONTRUSCO BOLTON INVESTMENTS INC. 0.19% of their portfolio | 295.3k $18.1m | Reduced -488.3k |
| CADINHA & CO LLC 3.04% of their portfolio | 291.1k $17.8m | Added +5.3k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 280.4k $17.1m | Reduced -9.0k |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 278.2k $4.6k | Added +273.5k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 277.8k $17.2m | Reduced -143.1k |