Skip to main content

Pan American Silver Corp

PAAS
Exchange
NYSE
Industry
Gold and Silver Ores
SEC CIK
0000771992

No open-market purchases or sales by Pan American Silver Corp insiders were filed in the last 90 days; 586 institutions reported holding it in 13F filings for Q2 2026, worth $9.72B in total; Maverick Capital is the only superinvestor holding it.

Other share classesPAASF

13F holders, Q4 2025

Institutional positions in Pan American Silver Corp as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
566
+84 vs. Q3 2025
Shares held
235.2M
−16.3M (−6.5%) vs. Q3 2025
Total value
$12.2B
+$3.13B (+34.5%) vs. Q3 2025
New holders
138
170 more added
Sold out
54
169 more reduced

9 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting PAAS on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 566 institutions
Q1 2021: 294 institutionsQ2 2021: 288 institutionsQ3 2021: 282 institutionsQ4 2021: 297 institutionsQ1 2022: 290 institutionsQ2 2022: 294 institutionsQ3 2022: 269 institutionsQ4 2022: 281 institutionsQ1 2023: 289 institutionsQ2 2023: 325 institutionsQ3 2023: 309 institutionsQ4 2023: 321 institutionsQ1 2024: 325 institutionsQ2 2024: 354 institutionsQ3 2024: 352 institutionsQ4 2024: 373 institutionsQ1 2025: 380 institutionsQ2 2025: 415 institutionsQ3 2025: 491 institutionsQ4 2025: 566 institutionsQ1 2026: 619 institutionsQ2 2026: 586 institutions
Value heldQ4 2025: $12.2B
Q1 2021: $2.95BQ2 2021: $2.75BQ3 2021: $2.26BQ4 2021: $2.34BQ1 2022: $2.55BQ2 2022: $1.92BQ3 2022: $1.52BQ4 2022: $1.95BQ1 2023: $2.39BQ2 2023: $2.70BQ3 2023: $2.70BQ4 2023: $3.07BQ1 2024: $2.91BQ2 2024: $3.84BQ3 2024: $4.18BQ4 2024: $3.71BQ1 2025: $5.00BQ2 2025: $5.75BQ3 2025: $9.08BQ4 2025: $12.2BQ1 2026: $11.9BQ2 2026: $9.72B
Institutions holding PAAS and their total value by quarter
QuarterHoldersValue
Q2 2026586$9.72B
Q1 2026619$11.9B
Q4 2025566$12.2B
Q3 2025491$9.08B
Q2 2025415$5.75B
Q1 2025380$5.00B
Q4 2024373$3.71B
Q3 2024352$4.18B
Q2 2024354$3.84B
Q1 2024325$2.91B
Q4 2023321$3.07B
Q3 2023309$2.70B
Q2 2023325$2.70B
Q1 2023289$2.39B
Q4 2022281$1.95B
Q3 2022269$1.52B
Q2 2022294$1.92B
Q1 2022290$2.55B
Q4 2021297$2.34B
Q3 2021282$2.26B
Q2 2021288$2.75B
Q1 2021294$2.95B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Pan American Silver Corp; share changes are against Q3 2025.

Institutions holding PAAS in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Van Eck Associates Corp39,582,900$2.05B1.69%−5,559,160−12.3%Reduced
Vanguard Group Inc17,465,779$905.5M0.01%+274,168+1.6%Added
Mirae Asset Global ETFs Holdings Ltd.15,860,311$821.7M1.23%+1,397,399+9.7%Added
BlackRock, Inc.11,602,435$601.1M0.01%+4,250,372+57.8%Added
FIL Ltd7,307,777$378.9M0.28%+4,438,478+154.7%Added
FMR LLC6,858,204$355.4M0.02%−395,671−5.5%Reduced
Invesco Ltd.5,989,873$310.3M0.03%−3,908,524−39.5%Reduced
Norges Bank5,858,647$303.6M0.03%+5,858,647New
Arrowstreet Capital, Limited Partnership4,581,099$237.4M0.14%−91,646−2.0%Reduced
Royal Bank of Canada4,231,158$219.2M0.04%−840,331−16.6%Reduced
Capital International Investors4,159,115$215.5M0.03%+4,159,115New
Connor, Clark & Lunn Investment Management Ltd.3,999,858$207.4M0.54%−351,505−8.1%Reduced
Geode Capital Management, LLC3,827,024$197.5M0.01%+252,309+7.1%Added
Dimensional Fund Advisors LP3,577,765$185.4M0.04%−32,137−0.9%Reduced
First Eagle Investment Management, LLC3,488,959$180.9M0.32%−1,105,575−24.1%Reduced
Manufacturers Life Insurance Company, The2,937,145$152.4M0.13%+568,452+24.0%Added
Amundi2,834,247$146.8M0.04%+157,634+5.9%Added
Legal & General Group Plc2,730,291$142.7M0.03%+163,790+6.4%Added
Canada Pension Plan Investment Board2,615,426$135.6M0.09%+836,906+47.1%Added
Bank of America Corp2,586,335$134.0M0.01%+326,956+14.5%Added
Toroso Investments, LLC2,567,025$133.0M0.56%+1,028,612+66.9%Added
TD Asset Management Inc2,467,918$128.1M0.10%+216,354+9.6%Added
Bank of Montreal2,467,971$128.0M0.05%+377,094+18.0%Added
Morgan Stanley2,396,226$124.1M0.01%−68,024−2.8%Reduced
Ninety One UK Ltd2,225,237$115.3M0.25%+69,985+3.2%Added
Jupiter Asset Management Ltd2,171,931$112.5M0.90%+28,007+1.3%Added
North of South Capital LLP2,147,562$111.3M10.00%−852,494−28.4%Reduced
Mackenzie Financial Corp1,777,653$93.4M0.11%−150,121−7.8%Reduced
Ingalls & Snyder LLC1,789,824$92.7M3.42%−5,572−0.3%Reduced
Schroder Investment Management Group1,731,199$91.2M0.07%+437,715+33.8%Added
JPMorgan Chase & Co1,749,012$90.6M0.01%+1,337,727+325.3%Added
Evergreen Quality Fund GP, Ltd.1,620,000$83.9M1.66%−375,200−18.8%Reduced
American Century Companies Inc1,572,664$81.5M0.04%+40,266+2.6%Added
Deutsche Bank AG1,508,844$78.2M0.03%+190,114+14.4%Added
Ameriprise Financial Inc1,424,411$73.9M0.02%−2,101,184−59.6%Reduced
Slate Path Capital LP1,334,280$69.1M0.93%−1,860,520−58.2%Reduced
Millennium Management LLC1,199,441$62.1M0.04%−1,862,273−60.8%Reduced
Driehaus Capital Management LLC1,188,932$61.6M0.42%−835,923−41.3%Reduced
Euro Pacific Asset Management, LLC1,287,451$61.6M6.84%−43,169−3.2%Reduced
Citadel Advisors LLC1,185,712$61.4M0.04%+631,442+113.9%Added
CIBC World Markets Inc.1,175,068$60.9M0.11%+40,027+3.5%Added
Swiss National Bank1,118,602$58.1M0.03%−95,300−7.9%Reduced
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main1,086,690$56.4M0.05%−40,815−3.6%Reduced
Susquehanna International Group, LLP1,079,519$55.9M0.08%+904,924+518.3%Added
UBS Group AG1,065,578$55.2M0.01%−1,320,028−55.3%Reduced
Charles Schwab Investment Management Inc1,025,886$53.3M0.01%+2,364+0.2%Added
Man Group plc1,001,833$51.9M0.10%−350,062−25.9%Reduced
Two Sigma Investments, LP988,715$51.2M0.08%+332,526+50.7%Added
Goldman Sachs Group Inc909,992$47.1M0.01%−1,657,136−64.6%Reduced
Bank of New York Mellon Corp876,197$45.4M0.01%−1,274,438−59.3%Reduced
Agf Management Ltd818,178$42.4M0.18%−121,145−12.9%Reduced
National Bank of Canada785,930$40.8M0.04%−637,934−44.8%Reduced
Sprott Inc.781,084$40.5M1.45%−711,843−47.7%Reduced
Allspring Global Investments Holdings, LLC747,727$38.7M0.06%00.0%Unchanged
Bank of Nova Scotia651,192$33.8M0.05%+9,972+1.6%Added
AQR Capital Management LLC649,129$33.7M0.02%+603,407+1,319.7%Added
SG Americas Securities, LLC648,374$33.6M0.04%+575,466+789.3%Added
Gabelli Funds LLC634,700$32.9M0.22%−2,700−0.4%Reduced
TD Waterhouse Canada Inc.610,203$31.6M0.20%+588,142+2,666.0%Added
Ruffer LLP608,328$31.6M1.44%−293,423−32.5%Reduced
Rokos Capital Management LLP574,217$29.7M0.44%+574,217New
Capital International Inc549,330$28.5M0.22%+549,330New
Hamilton Capital Partners Inc.509,543$26.4M0.97%+30,908+6.5%Added
Federation des caisses Desjardins du Quebec496,605$25.7M0.10%+10,255+2.1%Added
Allianz Asset Management GmbH494,973$25.7M0.03%+388,589+365.3%Added
CIBC Asset Management Inc483,498$25.1M0.06%−11,439−2.3%Reduced
Korea Investment CORP478,808$24.9M0.05%−253,987−34.7%Reduced
Group One Trading, L.P.449,526$23.3M0.69%+148,289+49.2%Added
Nuveen, LLC447,597$23.2M0.01%00.0%Unchanged
Hillsdale Investment Management Inc.441,590$22.9M0.63%−204,810−31.7%Reduced
Raymond James Financial Inc426,968$22.1M0.01%−47,313−10.0%Reduced
D. E. Shaw & Co., Inc.423,564$21.9M0.02%+119,791+39.4%Added
Financial Sense Advisors, Inc.420,736$21.8M4.07%−276,869−39.7%Reduced
Two Sigma Advisers, LP398,643$20.7M0.04%−3,300−0.8%Reduced
Hatch Cove Capital, LLC358,000$18.5M7.24%+358,000New
BNP PARIBAS ASSET MANAGEMENT Holding S.A.259,988$18.3M0.02%+259,988New
Aviva PLC350,522$18.2M0.03%+60,455+20.8%Added
Russell Investments Group, Ltd.349,958$18.2M0.02%+100,040+40.0%Added
Wells Fargo & Company321,446$16.7M0.00%+6,896+2.2%Added
Franklin Resources Inc315,392$16.4M0.00%+10,118+3.3%Added
Oppenheimer & Co Inc301,664$15.6M0.22%−19,226−6.0%Reduced
Barclays PLC293,585$15.2M0.01%−3,980−1.3%Reduced
Caisse de Depot Et Placement du Quebec291,000$15.1M0.03%+291,000New
Panagora Asset Management Inc289,839$15.0M0.05%+289,839New
Alberta Investment Management Corp288,115$14.9M0.09%−25,800−8.2%Reduced
Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group286,327$14.8M7.24%00.0%Unchanged
Westwood Holdings Group Inc.282,910$14.7M0.12%−176,400−38.4%Reduced
Twin Tree Management, LP280,215$14.5M1.49%+106,335+61.2%Added
Janus Henderson Group PLC274,802$14.2M0.01%−69,935−20.3%Reduced
IMC-Chicago, LLC269,223$13.9M0.25%+64,206+31.3%Added
Builder Investment Group Inc268,194$13.9M3.00%−700−0.3%Reduced
Alps Advisors Inc262,060$13.6M0.08%+82,521+46.0%Added
HRT Financial LP258,523$13.4M0.04%+258,523New
Triasima Portfolio Management inc.252,950$13.1M1.97%+10,945+4.5%Added
Wealth High Governance Asset Management Ltda.244,020$12.6M2.26%+244,020New
Toronto Dominion Bank243,812$12.6M0.02%+113,298+86.8%Added
LPL Financial LLC243,768$12.6M0.00%−2,189−0.9%Reduced
NFJ Investment Group, LLC241,052$12.5M0.45%−59,894−19.9%Reduced
Lombard Odier Asset Management (Europe) Ltd237,693$12.3M0.63%−30,768−11.5%Reduced
Qube Research & Technologies Ltd231,837$12.0M0.02%−950,214−80.4%Reduced