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 ($55.4m 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 ≈ $56.35. Options: 31 managers hold calls ($201.1m notional), 28 hold puts ($119.4m).
Trends to Q4 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 |
| Q4 2024 | 628 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q4 2024 | 266 | 265 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $334.2m | $98.3m | 0.29 |
| Q2 2024 | $235.5m | $103.4m | 0.44 |
| Q3 2024 | $229.9m | $142.3m | 0.62 |
| Q4 2024 | $201.1m | $119.4m | 0.59 |
Biggest buyers
| MACKENZIE FINANCIAL CORP | Added | +7.6m |
| Capital International Investors | New | +4.7m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | New | +1.3m |
| VAN ECK ASSOCIATES CORP | Added | +1.2m |
| Caisse de depot et placement du Quebec | Added | +1.1m |
| FMR LLC | Added | +863.3k |
| NATIONAL BANK OF CANADA /FI/ | Added | +839.5k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +661.9k |
| BANK OF MONTREAL /CAN/ | Added | +645.6k |
| TD Asset Management Inc | Added | +629.7k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -2.5m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -2.1m |
| AMF Tjanstepension AB | Sold out | -1.6m |
| NEUBERGER BERMAN GROUP LLC | Reduced | -1.5m |
| BANK OF AMERICA CORP /DE/ | Reduced | -1.5m |
| BANK OF NOVA SCOTIA | Reduced | -755.2k |
| FEDERATED HERMES, INC. | Reduced | -717.5k |
| BARINGS LLC | Reduced | -695.9k |
| CITADEL ADVISORS LLC | Reduced | -680.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -608.3k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $67.7m1.2m shares |
| CITADEL ADVISORS LLC | Reduced | $18.6m330.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $16.0m284.3k shares |
| WELLS FARGO & COMPANY/MN | New | $14.9m265.0k shares |
| GROUP ONE TRADING LLC | Added | $14.7m262.1k shares |
| Eisler Capital Management Ltd. | First filing | $8.7m150.0k shares |
| Twin Tree Management, LP | New | $7.9m141.0k shares |
| IMC-Chicago, LLC | Added | $7.6m134.9k shares |
| WOLVERINE TRADING, LLC | Reduced | $7.2m127.9k shares |
| BANK OF AMERICA CORP /DE/ | Reduced | $5.6m99.3k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $28.9m513.6k shares |
| UBS Group AG | Unchanged | $12.3m218.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $11.2m198.9k shares |
| Walleye Capital LLC | Reduced | $7.1m126.3k shares |
| WOLVERINE TRADING, LLC | Reduced | $6.0m107.7k shares |
| Walleye Trading LLC | Added | $5.3m93.9k shares |
| Twin Tree Management, LP | Reduced | $5.2m92.1k shares |
| Verition Fund Management LLC | Reduced | $5.1m91.2k shares |
| IMC-Chicago, LLC | Reduced | $4.7m84.0k shares |
| BANK OF MONTREAL /CAN/ | Added | $4.5m80.0k 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 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 Q4 2024.
Holders, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| Capital World Investors 0.33% of their portfolio | 38.8m $2.2bn | Reduced -414.4k |
| VAN ECK ASSOCIATES CORP 1.48% of their portfolio | 20.5m $1.2bn | Added +1.2m |
| First Eagle Investment Management, LLC 2.40% of their portfolio | 19.0m $1.1bn | Reduced -299.5k |
| VANGUARD GROUP INC 0.02% of their portfolio | 17.7m $994.7m | Added +281.1k |
| FMR LLC 0.05% of their portfolio | 15.5m $874.0m | Added +863.3k |
| FIL Ltd 0.52% of their portfolio | 10.0m $560.0m | Reduced -383.8k |
| MACKENZIE FINANCIAL CORP 0.24% of their portfolio | 9.7m $528.7m | Added +7.6m |
| ROYAL BANK OF CANADA 0.11% of their portfolio | 9.4m $530.1m | Added +438.0k |
| NORGES BANK 0.06% of their portfolio | 8.4m $472.6m | Added +14.6k |
| TD Asset Management Inc 0.36% of their portfolio | 7.2m $402.6m | Added +629.7k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.13% of their portfolio | 7.1m $400.4m | Reduced -112.7k |
| Capital International Investors 0.05% of their portfolio | 4.7m $263.8m | New |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.55% of their portfolio | 4.6m $258.8m | Reduced -274.7k |
| BANK OF MONTREAL /CAN/ 0.11% of their portfolio | 4.1m $228.6m | Added +645.6k |
| BANK OF AMERICA CORP /DE/ 0.02% of their portfolio | 3.8m $214.1m | Reduced -1.5m |
| NATIONAL BANK OF CANADA /FI/ 0.27% of their portfolio | 3.8m $211.9m | Added +839.5k |
| CIBC WORLD MARKET INC. 0.48% of their portfolio | 3.7m $207.7m | Reduced -256.2k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.18% of their portfolio | 3.6m $202.5m | Added +137.5k |
| NEUBERGER BERMAN GROUP LLC 0.16% of their portfolio | 3.6m $200.4m | Reduced -1.5m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio | 3.4m $188.9m | Reduced -2.1m |
| HORIZON KINETICS ASSET MANAGEMENT LLC 2.05% of their portfolio | 2.9m $164.9m | Added +177.1k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 2.9m $163.9m | Reduced -2.5m |
| MORGAN STANLEY 0.01% of their portfolio | 2.9m $160.5m | Added +68.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 2.7m $151.1m | Added +661.9k |
| DEUTSCHE BANK AG\ 0.06% of their portfolio | 2.6m $146.8m | Reduced -432.2k |
| Legal & General Group Plc 0.04% of their portfolio | 2.6m $143.6m | Reduced -223.8k |
| BlackRock, Inc. 0.00% of their portfolio | 2.5m $143.0m | Added +277.4k |
| CIBC Asset Management Inc 0.47% of their portfolio | 2.5m $144.4m | Added +268.0k |
| Connor, Clark & Lunn Investment Management Ltd. 0.53% of their portfolio | 2.1m $118.2m | Reduced -303.9k |
| Amundi 0.04% of their portfolio | 2.1m $118.7m | Added +12.8k |
| Canoe Financial LP 1.64% of their portfolio | 1.8m $100.9m | Reduced -14.7k |
| DekaBank Deutsche Girozentrale 0.17% of their portfolio | 1.6m $92.6m | Unchanged |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.37% of their portfolio | 1.5m $85.8m | Added +24.6k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.50% of their portfolio | 1.5m $83.2m | Added +235.4k |
| BANK OF NOVA SCOTIA 0.14% of their portfolio | 1.4m $79.4m | Reduced -755.2k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.07% of their portfolio | 1.3m $74.8m | Unchanged |
| Orbis Allan Gray Ltd 0.40% of their portfolio | 1.3m $74.6m | Added +64.7k |
| Addenda Capital Inc. 3.78% of their portfolio | 1.3m $106.9m | Added +62.6k |
| Swiss National Bank 0.05% of their portfolio | 1.3m $74.1m | Reduced -53.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.06% of their portfolio | 1.3m $72.7m | New |
| UBS Group AG 0.02% of their portfolio | 1.3m $71.8m | Added +267.4k |
| Caisse de depot et placement du Quebec 0.14% of their portfolio | 1.2m $68.7m | Added +1.1m |
| FEDERATED HERMES, INC. 0.15% of their portfolio | 1.2m $66.5m | Reduced -717.5k |
| Kopernik Global Investors, LLC 7.08% of their portfolio | 1.2m $66.2m | Unchanged |
| DUDLEY & SHANLEY, INC. 10.15% of their portfolio | 1.2m $65.7m | Reduced -92.2k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.2m $65.4m | Reduced -284.1k |
| SPROTT INC. 3.72% of their portfolio | 993.4k $55.9m | Added +225.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 993.4k $55.9m | Added +37.9k |
| Tidal Investments LLC 0.45% of their portfolio | 972.1k $54.7m | Added +180.1k |
| TWO SIGMA INVESTMENTS, LP 0.11% of their portfolio | 887.6k $49.9m | Added +474.4k |
| Invesco Ltd. 0.01% of their portfolio | 879.7k $49.5m | Reduced -4.7k |
| CANADA LIFE ASSURANCE Co 0.08% of their portfolio | 878.9k $48.8m | Reduced -4.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 861.1k $48.4m | Reduced -608.3k |
| HSBC HOLDINGS PLC 0.03% of their portfolio | 826.6k $46.5m | Added +241.1k |
| TORONTO DOMINION BANK 0.09% of their portfolio | 818.1k $46.0m | Reduced -58.3k |
| BARCLAYS PLC 0.02% of their portfolio | 798.9k $44.9m | Added +482.9k |
| Dixon Mitchell Investment Counsel Inc. 2.06% of their portfolio | 790.4k $44.5m | Reduced -872 |
| GABELLI FUNDS LLC 0.33% of their portfolio | 788.0k $44.3m | Reduced -10.0k |
| Alberta Investment Management Corp 0.30% of their portfolio | 787.8k $44.3m | Unchanged |
| RENAISSANCE TECHNOLOGIES LLC 0.06% of their portfolio | 773.6k $43.5m | Reduced -217.8k |
| TD Waterhouse Canada Inc. 0.33% of their portfolio | 732.2k $40.6m | Added +4.0k |
| Moerus Capital Management LLC 14.66% of their portfolio | 714.1k $40.2m | Reduced -79.6k |
| MUFG SECURITIES (CANADA), LTD. 1.41% of their portfolio | 692.8k $39.0m | Added +290.2k |
| TOCQUEVILLE ASSET MANAGEMENT L.P. 0.60% of their portfolio | 676.6k $38.1m | Reduced -4.0k |
| BOWEN HANES & CO INC 0.99% of their portfolio | 653.6k $36.8m | Reduced -86.4k |
| BLI - Banque de Luxembourg Investments 0.98% of their portfolio | 645.0k $36.1m | First filing |
| VOYA INVESTMENT MANAGEMENT LLC 0.04% of their portfolio | 633.6k $35.6m | Reduced -38.1k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 621.2k $34.9m | Added +50.0k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 615.7k $34.6m | Added +29.1k |
| JUPITER ASSET MANAGEMENT LTD 0.33% of their portfolio | 597.1k $33.6m | Reduced -186.5k |
| Federation des caisses Desjardins du Quebec 0.16% of their portfolio | 568.5k $31.6m | Reduced -33.4k |
| BARINGS LLC 0.76% of their portfolio | 568.0k $31.9m | Reduced -695.9k |
| CITIGROUP INC 0.03% of their portfolio | 566.7k $31.9m | Added +16.1k |
| Douglas Lane & Associates, LLC 0.41% of their portfolio | 515.6k $29.0m | Added +13.4k |
| Man Group plc 0.09% of their portfolio | 513.8k $28.9m | Added +137.8k |
| Allianz Asset Management GmbH 0.04% of their portfolio | 509.2k $28.6m | Reduced -1.7k |
| Russell Investments Group, Ltd. 0.04% of their portfolio | 489.2k $27.5m | Reduced -132.5k |
| Generali Asset Management SPA SGR 0.69% of their portfolio | 477.4k $26.8m | First filing |
| TWO SIGMA ADVISERS, LP 0.06% of their portfolio | 461.2k $25.9m | Added +232.0k |
| GUARDIAN CAPITAL LP 0.95% of their portfolio | 451.9k $25.4m | Reduced -181.0k |
| Clearbridge Investments, LLC 0.02% of their portfolio | 405.1k $22.8m | Reduced -14.8k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 399.0k $22.4m | Added +33.3k |
| Quadrature Capital Ltd 0.44% of their portfolio | 387.8k $21.9m | Reduced -31.4k |
| Fiera Capital Corp 0.07% of their portfolio | 386.0k $21.7m | Reduced -15.2k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 383.0k $21.5m | Reduced -2.2k |
| KEYBANK NATIONAL ASSOCIATION/OH 0.08% of their portfolio | 377.7k $21.2m | Reduced -92.6k |
| Summit Financial, LLC 0.73% of their portfolio | 371.6k $20.9m | Added +27.4k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 369.7k $20.8m | First filing |
| Stack Financial Management, Inc 1.87% of their portfolio | 363.2k $20.4m | Reduced -3.4k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 348.3k $19.6m | Added +67.8k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 337.7k $19.4m | Reduced -71.8k |
| AXA S.A. 0.05% of their portfolio | 321.1k $18.1m | Reduced -109.0k |
| Allspring Global Investments Holdings, LLC 0.03% of their portfolio | 319.4k $18.0m | Added +8.4k |
| Lombard Odier Asset Management (Europe) Ltd 1.12% of their portfolio | 308.4k $17.3m | Reduced -36.2k |
| JANE STREET GROUP, LLC 0.03% of their portfolio | 299.4k $16.8m | Reduced -210.8k |
| Korea Investment CORP 0.04% of their portfolio | 294.9k $16.6m | Added +105.6k |
| Euro Pacific Asset Management, LLC 3.45% of their portfolio | 283.9k $16.0m | Reduced -22.5k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.02% of their portfolio | 283.5k $15.9m | Reduced -46.5k |
| AVIVA PLC 0.04% of their portfolio | 281.1k $15.8m | Added +223.6k |
| MONTRUSCO BOLTON INVESTMENTS INC. 0.19% of their portfolio | 273.2k $15.4m | Reduced -22.1k |