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 ($102.6m 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 ≈ $77.79. Options: 28 managers hold calls ($356.0m notional), 23 hold puts ($135.7m).
Trends to Q1 2025
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 |
| Q1 2025 | 665 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q1 2025 | 298 | 269 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $235.5m | $103.4m | 0.44 |
| Q3 2024 | $229.9m | $142.3m | 0.62 |
| Q4 2024 | $201.1m | $119.4m | 0.59 |
| Q1 2025 | $356.0m | $135.7m | 0.38 |
Biggest buyers
| Capital International Investors | Added | +2.2m |
| Capital World Investors | Added | +1.6m |
| GOLDMAN SACHS GROUP INC | Added | +1.4m |
| VOYA INVESTMENT MANAGEMENT LLC | Added | +861.3k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +818.8k |
| CANADA PENSION PLAN INVESTMENT BOARD | Added | +766.9k |
| FMR LLC | Added | +726.8k |
| Amundi | Added | +693.1k |
| Perpetual Ltd | New | +649.6k |
| BANK OF MONTREAL /CAN/ | Added | +575.0k |
Biggest sellers
| MACKENZIE FINANCIAL CORP | Reduced | -6.7m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -3.0m |
| VAN ECK ASSOCIATES CORP | Reduced | -2.3m |
| FIL Ltd | Reduced | -766.7k |
| Kopernik Global Investors, LLC | Reduced | -484.6k |
| First Eagle Investment Management, LLC | Reduced | -465.6k |
| Addenda Capital Inc. | Reduced | -406.1k |
| Clearbridge Investments, LLC | Sold out | -405.1k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Reduced | -361.6k |
| Quadrature Capital Ltd | Reduced | -353.7k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $82.4m1.1m shares |
| PEAK6 LLC | Added | $74.0m953.5k shares |
| CITADEL ADVISORS LLC | Added | $26.4m339.7k shares |
| SIMPLEX TRADING, LLC | Added | $22.7m292.7k shares |
| WOLVERINE TRADING, LLC | Added | $21.5m279.3k shares |
| WELLS FARGO & COMPANY/MN | Unchanged | $20.6m265.0k shares |
| CITIGROUP INC | New | $16.7m214.8k shares |
| UBS Group AG | Added | $14.1m181.3k shares |
| GROUP ONE TRADING LLC | Reduced | $13.9m178.9k shares |
| IMC-Chicago, LLC | Added | $12.1m156.1k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $45.7m588.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $32.2m414.5k shares |
| WOLVERINE TRADING, LLC | Reduced | $8.2m107.3k shares |
| SIMPLEX TRADING, LLC | Added | $6.3m81.7k shares |
| D. E. Shaw & Co., Inc. | Added | $5.8m75.0k shares |
| JANE STREET GROUP, LLC | Added | $5.8m74.2k shares |
| IMC-Chicago, LLC | Reduced | $5.0m64.5k shares |
| Verition Fund Management LLC | Reduced | $4.3m55.7k shares |
| Walleye Capital LLC | Reduced | $3.9m50.5k shares |
| GROUP ONE TRADING LLC | Reduced | $2.8m36.4k 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 Q1 2025
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 2025.
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| Capital World Investors 0.51% of their portfolio | 40.4m $3.1bn | Added +1.6m |
| First Eagle Investment Management, LLC 3.04% of their portfolio | 18.6m $1.4bn | Reduced -465.6k |
| VAN ECK ASSOCIATES CORP 1.83% of their portfolio | 18.2m $1.4bn | Reduced -2.3m |
| VANGUARD GROUP INC 0.03% of their portfolio | 18.0m $1.4bn | Added +324.3k |
| FMR LLC 0.08% of their portfolio | 16.3m $1.3bn | Added +726.8k |
| FIL Ltd 0.68% of their portfolio | 9.2m $712.8m | Reduced -766.7k |
| ROYAL BANK OF CANADA 0.16% of their portfolio | 9.2m $710.5m | Reduced -272.7k |
| NORGES BANK 0.09% of their portfolio | 8.3m $640.6m | Reduced -154.3k |
| TD Asset Management Inc 0.54% of their portfolio | 7.5m $582.9m | Added +355.5k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.18% of their portfolio | 7.0m $547.1m | Reduced -70.9k |
| Capital International Investors 0.10% of their portfolio | 6.9m $532.8m | Added +2.2m |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.84% of their portfolio | 5.1m $393.8m | Added +470.7k |
| BANK OF MONTREAL /CAN/ 0.19% of their portfolio | 4.6m $360.3m | Added +575.0k |
| BANK OF AMERICA CORP /DE/ 0.03% of their portfolio | 4.0m $308.5m | Added +166.6k |
| CIBC WORLD MARKET INC. 0.65% of their portfolio | 3.7m $285.5m | Reduced -12.9k |
| NATIONAL BANK OF CANADA /FI/ 0.33% of their portfolio | 3.6m $281.0m | Reduced -115.2k |
| NEUBERGER BERMAN GROUP LLC 0.23% of their portfolio | 3.6m $277.0m | Added +16.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.24% of their portfolio | 3.2m $251.9m | Reduced -361.6k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 3.1m $237.6m | Added +145.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 3.0m $239.1m | Added +367.2k |
| MACKENZIE FINANCIAL CORP 0.33% of their portfolio | 3.0m $231.5m | Reduced -6.7m |
| HORIZON KINETICS ASSET MANAGEMENT LLC 2.60% of their portfolio | 3.0m $229.5m | Added +25.4k |
| Amundi 0.08% of their portfolio | 2.7m $215.6m | Added +693.1k |
| MORGAN STANLEY 0.01% of their portfolio | 2.7m $207.1m | Reduced -185.9k |
| GOLDMAN SACHS GROUP INC 0.04% of their portfolio | 2.6m $200.0m | Added +1.4m |
| Legal & General Group Plc 0.05% of their portfolio | 2.6m $198.2m | Added +1.8k |
| CIBC Asset Management Inc 0.66% of their portfolio | 2.6m $200.0m | Added +11.8k |
| Connor, Clark & Lunn Investment Management Ltd. 0.83% of their portfolio | 2.5m $191.4m | Added +363.4k |
| DEUTSCHE BANK AG\ 0.07% of their portfolio | 2.4m $184.3m | Reduced -235.5k |
| BlackRock, Inc. 0.00% of their portfolio | 2.3m $181.0m | Reduced -211.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.13% of their portfolio | 2.1m $163.9m | Added +818.8k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.16% of their portfolio | 2.1m $162.8m | Added +766.9k |
| Canoe Financial LP 2.20% of their portfolio | 1.8m $137.5m | Reduced -22.0k |
| DekaBank Deutsche Girozentrale 0.25% of their portfolio | 1.7m $127.3m | Added +21.9k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.55% of their portfolio | 1.5m $118.9m | Added +5.5k |
| VOYA INVESTMENT MANAGEMENT LLC 0.06% of their portfolio | 1.5m $116.1m | Added +861.3k |
| Caisse de depot et placement du Quebec 0.24% of their portfolio | 1.5m $115.2m | Added +263.8k |
| BANK OF NOVA SCOTIA 0.25% of their portfolio | 1.4m $109.5m | Added +165 |
| Orbis Allan Gray Ltd 0.59% of their portfolio | 1.3m $103.0m | Unchanged |
| Swiss National Bank 0.07% of their portfolio | 1.3m $100.3m | Reduced -25.9k |
| UBS Group AG 0.02% of their portfolio | 1.2m $94.3m | Reduced -61.7k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.58% of their portfolio | 1.2m $93.7m | Reduced -273.6k |
| SPROTT INC. 4.66% of their portfolio | 1.0m $78.9m | Added +21.5k |
| DUDLEY & SHANLEY, INC. 12.36% of their portfolio | 1.0m $78.5m | Reduced -158.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 993.6k $77.1m | Added +126 |
| Tidal Investments LLC 0.64% of their portfolio | 980.3k $76.0m | Added +8.2k |
| BARCLAYS PLC 0.03% of their portfolio | 977.3k $75.9m | Added +178.5k |
| FEDERATED HERMES, INC. 0.15% of their portfolio | 919.8k $71.4m | Reduced -263.4k |
| Addenda Capital Inc. 3.78% of their portfolio | 915.7k $102.3m | Reduced -406.1k |
| CANADA LIFE ASSURANCE Co 0.12% of their portfolio | 894.9k $68.6m | Added +16.0k |
| Invesco Ltd. 0.01% of their portfolio | 869.4k $67.5m | Reduced -10.3k |
| Dixon Mitchell Investment Counsel Inc. 2.87% of their portfolio | 818.8k $63.6m | Added +28.4k |
| TORONTO DOMINION BANK 0.16% of their portfolio | 809.6k $62.8m | Reduced -8.5k |
| Alberta Investment Management Corp 0.41% of their portfolio | 780.6k $60.6m | Reduced -7.2k |
| Federation des caisses Desjardins du Quebec 0.29% of their portfolio | 764.1k $58.5m | Added +195.6k |
| TD Waterhouse Canada Inc. 0.47% of their portfolio | 760.2k $57.0m | Added +28.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 749.9k $58.2m | Reduced -111.2k |
| GABELLI FUNDS LLC 0.44% of their portfolio | 737.0k $57.2m | Reduced -50.9k |
| RENAISSANCE TECHNOLOGIES LLC 0.09% of their portfolio | 726.4k $56.4m | Reduced -47.2k |
| Moerus Capital Management LLC 24.63% of their portfolio | 709.2k $55.1m | Reduced -4.9k |
| Kopernik Global Investors, LLC 5.57% of their portfolio | 692.5k $53.8m | Reduced -484.6k |
| MUFG SECURITIES (CANADA), LTD. 1.87% of their portfolio | 692.2k $53.7m | Reduced -584 |
| HSBC HOLDINGS PLC 0.04% of their portfolio | 683.1k $53.0m | Reduced -143.5k |
| TOCQUEVILLE ASSET MANAGEMENT L.P. 0.87% of their portfolio | 681.7k $52.9m | Added +5.1k |
| AVIVA PLC 0.13% of their portfolio | 670.1k $52.0m | Added +389.0k |
| Perpetual Ltd 0.61% of their portfolio | 649.6k $50.4m | New |
| Generali Asset Management SPA SGR 1.32% of their portfolio | 640.6k $53.7m | Added +163.2k |
| AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio | 639.6k $49.6m | Added +23.9k |
| TWO SIGMA INVESTMENTS, LP 0.11% of their portfolio | 634.5k $49.3m | Reduced -253.0k |
| CITIGROUP INC 0.04% of their portfolio | 608.8k $47.2m | Added +42.0k |
| JUPITER ASSET MANAGEMENT LTD 0.44% of their portfolio | 594.4k $46.1m | Reduced -2.7k |
| BOWEN HANES & CO INC 1.22% of their portfolio | 566.0k $43.9m | Reduced -87.6k |
| Douglas Lane & Associates, LLC 0.59% of their portfolio | 514.6k $39.9m | Reduced -1.1k |
| Allianz Asset Management GmbH 0.06% of their portfolio | 507.1k $39.3m | Reduced -2.1k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 484.7k $37.6m | Reduced -136.5k |
| Nuveen, LLC 0.01% of their portfolio | 475.4k $36.9m | First filing |
| BARINGS LLC 0.91% of their portfolio | 468.1k $36.3m | Reduced -100.0k |
| SCOTIA CAPITAL INC. 0.19% of their portfolio | 457.6k $35.5m | Added +309.1k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 448.9k $34.8m | Added +100.6k |
| BLI - Banque de Luxembourg Investments 1.02% of their portfolio | 435.0k $33.7m | Reduced -210.0k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 425.2k $33.0m | Added +336.3k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 424.0k $32.9m | Added +24.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 407.1k $31.6m | Reduced -3.0m |
| GUARDIAN CAPITAL LP 1.24% of their portfolio | 406.9k $31.6m | Reduced -45.0k |
| TWO SIGMA ADVISERS, LP 0.07% of their portfolio | 377.1k $29.3m | Reduced -84.1k |
| Russell Investments Group, Ltd. 0.04% of their portfolio | 367.6k $28.4m | Reduced -121.6k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 366.9k $28.5m | Reduced -2.8k |
| Stack Financial Management, Inc 2.32% of their portfolio | 358.5k $27.8m | Reduced -4.7k |
| Fiera Capital Corp 0.10% of their portfolio | 354.0k $27.5m | Reduced -32.0k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 351.4k $27.7m | Added +13.7k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.10% of their portfolio | 347.4k $27.0m | Added +246.6k |
| Twin Tree Management, LP 0.57% of their portfolio | 331.8k $25.8m | Added +262.3k |
| Summit Financial, LLC 0.71% of their portfolio | 327.1k $25.4m | Reduced -44.5k |
| KEYBANK NATIONAL ASSOCIATION/OH 0.10% of their portfolio | 317.9k $24.7m | Reduced -59.9k |
| AXA S.A. 0.08% of their portfolio | 309.6k $24.0m | Reduced -11.5k |
| Allspring Global Investments Holdings, LLC 0.04% of their portfolio | 309.1k $24.0m | Reduced -10.4k |
| Lombard Odier Asset Management (Europe) Ltd 1.88% of their portfolio | 301.7k $23.4m | Reduced -6.7k |
| Man Group plc 0.07% of their portfolio | 294.3k $22.8m | Reduced -219.5k |
| Euro Pacific Asset Management, LLC 4.09% of their portfolio | 290.6k $22.6m | Added +6.8k |
| Ruffer LLP 0.87% of their portfolio | 289.7k $22.5m | Added +88.7k |