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 ($133.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $89.92. Options: 28 managers hold calls ($329.9m notional), 26 hold puts ($176.3m).
Trends to Q2 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 |
| Q2 2025 | 689 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q2 2025 | 297 | 308 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $229.9m | $142.3m | 0.62 |
| Q4 2024 | $201.1m | $119.4m | 0.59 |
| Q1 2025 | $356.0m | $135.7m | 0.38 |
| Q2 2025 | $329.9m | $176.3m | 0.53 |
Biggest buyers
| ROYAL BANK OF CANADA | Added | +10.9m |
| FIL Ltd | Added | +3.0m |
| Invesco Ltd. | Added | +1.2m |
| Federation des caisses Desjardins du Quebec | Added | +948.5k |
| GOLDMAN SACHS GROUP INC | Added | +708.8k |
| Capital International Investors | Added | +686.5k |
| CIBC Asset Management Inc | Added | +632.5k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +632.4k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +622.0k |
| MACKENZIE FINANCIAL CORP | Added | +587.9k |
Biggest sellers
| Capital World Investors | Reduced | -1.6m |
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -1.3m |
| NORGES BANK | Reduced | -957.6k |
| Canoe Financial LP | Reduced | -792.0k |
| Kopernik Global Investors, LLC | Sold out | -692.5k |
| VAN ECK ASSOCIATES CORP | Reduced | -647.8k |
| Caisse de depot et placement du Quebec | Reduced | -636.2k |
| Addenda Capital Inc. | Reduced | -626.6k |
| TD Asset Management Inc | Reduced | -504.3k |
| First Eagle Investment Management, LLC | Reduced | -485.2k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $70.5m785.5k shares |
| PEAK6 LLC | Reduced | $56.3m627.2k shares |
| CITADEL ADVISORS LLC | Added | $41.7m464.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $18.4m204.6k shares |
| GROUP ONE TRADING LLC | Reduced | $16.0m178.6k shares |
| JANE STREET GROUP, LLC | Added | $15.4m172.0k shares |
| IMC-Chicago, LLC | Added | $14.7m163.8k shares |
| SIG North Trading, ULC | Added | $14.3m159.2k shares |
| Eisler Capital Management Ltd. | Unchanged | $13.5m150.0k shares |
| Walleye Trading LLC | Added | $10.0m111.6k shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $49.8m555.0k shares |
| BARCLAYS PLC | New | $26.9m300.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $20.3m225.9k shares |
| Walleye Capital LLC | Added | $10.4m115.4k shares |
| Twin Tree Management, LP | New | $8.6m96.3k shares |
| Verition Fund Management LLC | Added | $7.5m83.4k shares |
| IMC-Chicago, LLC | Added | $7.2m80.2k shares |
| Squarepoint Ops LLC | Added | $6.2m69.0k shares |
| CAPITAL FUND MANAGEMENT S.A. | New | $5.3m59.3k shares |
| Walleye Trading LLC | Added | $5.2m57.9k 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 Q2 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 Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| Capital World Investors 0.51% of their portfolio | 38.8m $3.5bn | Reduced -1.6m |
| ROYAL BANK OF CANADA 0.17% of their portfolio | 20.0m $1.8bn | Added +10.9m |
| VANGUARD GROUP INC 0.03% of their portfolio | 18.6m $1.7bn | Added +557.8k |
| First Eagle Investment Management, LLC 3.25% of their portfolio | 18.1m $1.6bn | Reduced -485.2k |
| VAN ECK ASSOCIATES CORP 1.79% of their portfolio | 17.6m $1.6bn | Reduced -647.8k |
| FMR LLC 0.08% of their portfolio | 16.5m $1.5bn | Added +258.2k |
| FIL Ltd 0.93% of their portfolio | 12.2m $1.1bn | Added +3.0m |
| Capital International Investors 0.12% of their portfolio | 7.5m $678.0m | Added +686.5k |
| NORGES BANK 0.08% of their portfolio | 7.3m $656.5m | Reduced -957.6k |
| TD Asset Management Inc 0.54% of their portfolio | 7.0m $629.0m | Reduced -504.3k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.20% of their portfolio | 6.9m $622.6m | Reduced -114.4k |
| BANK OF MONTREAL /CAN/ 0.23% of their portfolio | 5.1m $460.7m | Added +478.2k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.89% of their portfolio | 5.1m $458.7m | Added +35.0k |
| BANK OF AMERICA CORP /DE/ 0.03% of their portfolio | 4.5m $402.4m | Added +507.6k |
| NATIONAL BANK OF CANADA /FI/ 0.39% of their portfolio | 4.0m $358.4m | Added +353.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 3.7m $332.8m | Added +622.0k |
| MACKENZIE FINANCIAL CORP 0.42% of their portfolio | 3.6m $321.4m | Added +587.9k |
| CIBC WORLD MARKET INC. 0.66% of their portfolio | 3.3m $298.1m | Reduced -366.2k |
| GOLDMAN SACHS GROUP INC 0.05% of their portfolio | 3.3m $295.0m | Added +708.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.26% of their portfolio | 3.2m $289.2m | Reduced -1.8k |
| CIBC Asset Management Inc 0.91% of their portfolio | 3.2m $288.3m | Added +632.5k |
| NEUBERGER BERMAN GROUP LLC 0.22% of their portfolio | 3.1m $280.6m | Reduced -450.2k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 3.1m $277.3m | Added +28.4k |
| Legal & General Group Plc 0.07% of their portfolio | 3.0m $270.1m | Added +455.7k |
| HORIZON KINETICS ASSET MANAGEMENT LLC 3.18% of their portfolio | 3.0m $268.1m | Added +28.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.17% of their portfolio | 2.7m $246.6m | Added +632.4k |
| DEUTSCHE BANK AG\ 0.09% of their portfolio | 2.6m $236.0m | Added +253.3k |
| Amundi 0.08% of their portfolio | 2.6m $234.8m | Reduced -128.1k |
| Connor, Clark & Lunn Investment Management Ltd. 0.82% of their portfolio | 2.6m $233.6m | Added +131.0k |
| MORGAN STANLEY 0.01% of their portfolio | 2.5m $221.9m | Reduced -196.7k |
| BlackRock, Inc. 0.00% of their portfolio | 2.1m $190.3m | Reduced -212.1k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.16% of their portfolio | 2.1m $188.8m | Unchanged |
| Invesco Ltd. 0.03% of their portfolio | 2.1m $187.2m | Added +1.2m |
| Federation des caisses Desjardins du Quebec 0.67% of their portfolio | 1.7m $153.4m | Added +948.5k |
| DekaBank Deutsche Girozentrale 0.25% of their portfolio | 1.6m $142.6m | Reduced -21.9k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.59% of their portfolio | 1.5m $136.9m | Reduced -6.2k |
| Swiss National Bank 0.07% of their portfolio | 1.4m $123.5m | Added +87.7k |
| BANK OF NOVA SCOTIA 0.24% of their portfolio | 1.3m $119.1m | Reduced -86.5k |
| UBS Group AG 0.02% of their portfolio | 1.2m $103.4m | Reduced -62.9k |
| SPROTT INC. 5.03% of their portfolio | 1.1m $100.6m | Added +103.9k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.58% of their portfolio | 1.1m $99.8m | Reduced -98.4k |
| BARCLAYS PLC 0.04% of their portfolio | 1.0m $92.9m | Added +57.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 1.0m $92.8m | Added +40.4k |
| Orbis Allan Gray Ltd 0.45% of their portfolio | 1.0m $91.9m | Reduced -302.5k |
| Canoe Financial LP 1.26% of their portfolio | 980.0k $88.2m | Reduced -792.0k |
| CANADA LIFE ASSURANCE Co 0.13% of their portfolio | 904.6k $81.0m | Added +9.7k |
| Tidal Investments LLC 0.52% of their portfolio | 879.2k $79.0m | Reduced -101.0k |
| Caisse de depot et placement du Quebec 0.16% of their portfolio | 849.2k $76.2m | Reduced -636.2k |
| Dixon Mitchell Investment Counsel Inc. 2.90% of their portfolio | 831.0k $74.5m | Added +12.2k |
| TWO SIGMA INVESTMENTS, LP 0.13% of their portfolio | 808.3k $72.6m | Added +173.8k |
| MUFG SECURITIES (CANADA), LTD. 2.10% of their portfolio | 769.4k $69.1m | Added +77.2k |
| TORONTO DOMINION BANK 0.15% of their portfolio | 769.3k $69.2m | Reduced -40.3k |
| DUDLEY & SHANLEY, INC. 10.77% of their portfolio | 763.5k $68.6m | Reduced -247.5k |
| TD Waterhouse Canada Inc. 0.48% of their portfolio | 739.6k $66.5m | Reduced -20.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 693.5k $62.3m | Reduced -56.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.08% of their portfolio | 692.8k $62.2m | Reduced -33.6k |
| GABELLI FUNDS LLC 0.43% of their portfolio | 671.2k $60.3m | Reduced -65.8k |
| JUPITER ASSET MANAGEMENT LTD 0.50% of their portfolio | 669.3k $60.1m | Added +74.9k |
| AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio | 663.8k $59.6m | Added +24.3k |
| CITIGROUP INC 0.04% of their portfolio | 660.6k $59.3m | Added +51.8k |
| FEDERATED HERMES, INC. 0.11% of their portfolio | 657.2k $59.0m | Reduced -262.6k |
| Man Group plc 0.12% of their portfolio | 637.0k $57.2m | Added +342.7k |
| SCOTIA CAPITAL INC. 0.27% of their portfolio | 632.0k $56.6m | Added +174.3k |
| BOWEN HANES & CO INC 1.40% of their portfolio | 618.3k $55.5m | Added +52.2k |
| Euro Pacific Asset Management, LLC 4.74% of their portfolio | 587.3k $50.8m | Added +296.7k |
| Perpetual Ltd 0.61% of their portfolio | 580.7k $52.1m | Reduced -68.9k |
| Capital Research Global Investors 0.01% of their portfolio | 565.2k $50.8m | New |
| AVIVA PLC 0.10% of their portfolio | 515.5k $46.3m | Reduced -154.6k |
| TOCQUEVILLE ASSET MANAGEMENT L.P. 0.70% of their portfolio | 513.3k $46.1m | Reduced -168.4k |
| Allianz Asset Management GmbH 0.06% of their portfolio | 491.5k $44.1m | Reduced -15.6k |
| Douglas Lane & Associates, LLC 0.64% of their portfolio | 491.1k $44.1m | Reduced -23.5k |
| Moerus Capital Management LLC 18.71% of their portfolio | 488.2k $43.8m | Reduced -221.0k |
| PICTON MAHONEY ASSET MANAGEMENT 0.61% of their portfolio | 479.6k $43.0m | New |
| Nuveen, LLC 0.01% of their portfolio | 475.9k $42.7m | Added +524 |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 474.4k $42.6m | Reduced -10.3k |
| Generali Asset Management SPA SGR 1.01% of their portfolio | 451.0k $44.3m | Reduced -189.6k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 447.0k $40.1m | Added +23.1k |
| BARINGS LLC 0.92% of their portfolio | 438.8k $39.5m | Reduced -29.3k |
| BLI - Banque de Luxembourg Investments 1.11% of their portfolio | 435.0k $38.9m | Unchanged |
| TWO SIGMA ADVISERS, LP 0.08% of their portfolio | 420.7k $37.8m | Added +43.6k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 410.9k $37.4m | Added +59.6k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 401.9k $36.1m | Reduced -47.0k |
| Hillsdale Investment Management Inc. 1.32% of their portfolio | 397.6k $35.8m | Added +129.0k |
| GUARDIAN CAPITAL LP 1.24% of their portfolio | 391.2k $35.1m | Reduced -15.7k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 371.1k $33.3m | Added +4.1k |
| Fiera Capital Corp 0.11% of their portfolio | 362.3k $32.6m | Added +8.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 362.1k $32.5m | Reduced -45.0k |
| HSBC HOLDINGS PLC 0.02% of their portfolio | 357.8k $32.1m | Reduced -325.4k |
| Stack Financial Management, Inc 2.80% of their portfolio | 352.7k $31.7m | Reduced -5.8k |
| Twin Tree Management, LP 0.76% of their portfolio | 336.3k $30.2m | Added +4.5k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.10% of their portfolio | 335.8k $30.1m | Reduced -11.6k |
| Quadrature Capital Ltd 0.51% of their portfolio | 333.4k $29.8m | Added +299.3k |
| Alberta Investment Management Corp 0.23% of their portfolio | 323.2k $29.1m | Reduced -457.4k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.10% of their portfolio | 308.0k $27.7m | New |
| Russell Investments Group, Ltd. 0.03% of their portfolio | 306.1k $27.3m | Reduced -61.6k |
| AXA S.A. 0.08% of their portfolio | 303.7k $27.3m | Reduced -5.9k |
| Allspring Global Investments Holdings, LLC 0.05% of their portfolio | 302.4k $27.2m | Reduced -6.7k |
| KEYBANK NATIONAL ASSOCIATION/OH 0.10% of their portfolio | 295.6k $26.5m | Reduced -22.3k |
| Korea Investment CORP 0.06% of their portfolio | 290.9k $26.1m | Added +69.2k |
| Summit Financial, LLC 0.59% of their portfolio | 290.7k $26.1m | Reduced -36.4k |