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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
Danske Bank A/S7,124$369.9K0.00%+4,149+139.5%Added
Verus Capital Partners, LLC7,232$374.7K0.03%+478+7.1%Added
J.W. Cole Advisors, Inc.7,346$380.6K0.01%+1,612+28.1%Added
First Long Island Investors, LLC7,381$382.4K0.03%00.0%Unchanged
Fruth Investment Management7,500$388.0K0.10%00.0%Unchanged
Vident Advisory, LLC7,512$389.2K0.00%−60,291−88.9%Reduced
RFG Advisory, LLC7,540$390.6K0.01%−46,565−86.1%Reduced
Cigna Investments Inc7,613$395.0K0.06%00.0%Unchanged
Walleye Capital LLC7,836$406.0K0.00%−35,490−81.9%Reduced
Tradition Wealth Management, LLC7,842$406.3K0.03%00.0%Unchanged
Catalyst Funds Management Pty Ltd7,900$409.3K0.09%+7,900New
Natixis7,913$410.0K0.00%−129−1.6%Reduced
Old Mission Capital LLC8,093$419.3K0.02%+8,093New
Alta Wealth Advisors LLC8,351$432.7K0.14%+375+4.7%Added
State of Tennessee, Treasury Department8,000$438.3K0.00%00.0%Unchanged
Cumberland Partners Ltd8,500$441.2K0.03%+500+6.3%Added
Compass Ion Advisors, LLC8,696$450.5K0.04%+15+0.2%Added
D.A. Davidson & Co.8,707$451.1K0.00%−7,003−44.6%Reduced
Two Sigma Securities, LLC8,733$452.5K0.06%+8,733New
Chelsea Counsel Co8,755$453.6K0.19%00.0%Unchanged
Arkadios Wealth Advisors8,756$453.7K0.01%+8,756New
Angeles Wealth Management, LLC9,131$473.1K0.03%+11+0.1%Added
Stock Yards Bank & Trust Co9,142$473.6K0.01%+142+1.6%Added
PVG Asset Management Corp9,233$478.4K1.02%+9,233New
Byrne Asset Management LLC9,240$478.7K0.27%––
Net Worth Advisory Group9,360$484.9K0.10%−162−1.7%Reduced
PYA Waltman Capital, LLC9,372$485.6K0.13%−590−5.9%Reduced
US Bancorp9,538$494.2K0.00%+312+3.4%Added
JustInvest LLC9,572$495.9K0.00%+1,047+12.3%Added
Savant Capital, LLC9,586$496.7K0.00%−715−6.9%Reduced
Prudential Financial Inc9,580$497.3K0.00%+240+2.6%Added
Sequoia Financial Advisors, LLC9,788$507.1K0.00%+49+0.5%Added
International Assets Investment Management, LLC9,860$510.8K0.03%+485+5.2%Added
Veracity Capital LLC9,868$511.3K0.15%+185+1.9%Added
Wealthfront Advisers LLC9,909$513.4K0.00%+4,376+79.1%Added
Mindset Wealth Management, LLC9,910$513.4K0.13%+9,910New
BCS Private Wealth Management, Inc.10,000$518.1K0.18%+10,000New
SummitTX Capital, L.P.10,134$525.0K0.02%+10,134New
Cerity Partners LLC10,567$547.5K0.00%+4,727+80.9%Added
Oxbow Advisors, LLC10,662$552.4K0.05%−434,163−97.6%Reduced
Stegent Equity Advisors, Inc.11,101$575.1K0.45%+3,238+41.2%Added
Vivaldi Capital Management, LLC11,186$579.5K0.08%00.0%Unchanged
Ieq Capital, LLC11,329$586.9K0.00%+259+2.3%Added
Intech Investment Management LLC11,575$600.9K0.01%00.0%Unchanged
Assenagon Asset Management S.A.11,633$603.9K0.00%+11,633New
Kovack Advisors, Inc.12,033$623.4K0.03%+12,033New
UniSuper Management Pty Ltd8,800$626.2K0.00%+2,600+41.9%Added
Genesis Financial Group, LLC12,132$628.6K0.36%+12,132New
Boothbay Fund Management, LLC12,160$630.0K0.02%+6,176+103.2%Added
Freemont Management S.A.12,500$647.6K0.13%+8,300+197.6%Added
Old Peak Finance LLC12,644$655.1K0.40%+12,644New
Fund Advisors of America Inc12,644$655.1K0.60%+12,644New
Signaturefd, LLC12,724$659.2K0.01%+2,848+28.8%Added
Lee Danner & Bass Inc13,000$673.5K0.05%00.0%Unchanged
Pekin Hardy Strauss, Inc.13,322$690.2K0.06%+13,322New
Picton Mahoney Asset Management13,309$691.0K0.01%−20,948−61.1%Reduced
Laffer Tengler Investments13,521$700.5K0.11%+6,476+91.9%Added
Engineers Gate Manager LP13,538$701.5K0.01%−45,995−77.3%Reduced
Blair William & Co13,786$714.3K0.00%−14,574−51.4%Reduced
Ronald Blue Trust, Inc.13,982$724.4K0.01%+497+3.7%Added
Avanza Fonder AB10,477$745.5K0.02%+10,477New
Glenmede Trust Co NA14,657$759.4K0.00%+14,657New
Adviser Investments LLC14,710$762.1K0.01%00.0%Unchanged
Generali Investments CEE, investicni spolecnost, a.s.14,777$765.6K0.05%00.0%Unchanged
Jones Financial Companies LLLP15,204$787.7K0.00%+8,032+112.0%Added
Xponance, Inc.15,239$791.1K0.01%+15,239New
Intesa Sanpaolo Wealth Management15,288$794.2K0.16%+15,288New
State Street Corp15,600$808.2K0.00%00.0%Unchanged
Formidable Asset Management, LLC15,806$818.9K0.12%+3,929+33.1%Added
True North Advisors, LLC15,980$827.9K0.11%00.0%Unchanged
Moneda S.A. Administradora General de Fondos16,093$833.8K0.75%00.0%Unchanged
RSM US Wealth Management LLC15,826$833.9K0.01%+3,885+32.5%Added
Mercer Global Advisors Inc16,452$852.4K0.00%+2,448+17.5%Added
Rossby Financial, LCC16,518$855.8K0.27%00.0%Unchanged
Metis Global Partners, LLC16,646$863.0K0.02%+239+1.5%Added
Atomi Financial Group, Inc.16,776$869.1K0.03%+3,562+27.0%Added
ASR Vermogensbeheer N.V.17,142$889.9K0.01%00.0%Unchanged
MML Investors Services, LLC17,244$893.4K0.00%+1,119+6.9%Added
Clear Harbor Asset Management, LLC17,850$924.8K0.06%+17,850New
Colony Group, LLC17,968$930.9K0.00%+6,099+51.4%Added
Ensign Peak Advisors, Inc18,000$934.4K0.00%+18,000New
Altfest L J & Co Inc18,436$955.2K0.10%−24,575−57.1%Reduced
Mitsubishi UFJ Trust & Banking Corp19,100$978.5K0.00%−29,800−60.9%Reduced
Robertson Stephens Wealth Management, LLC19,021$985.5K0.03%+2,411+14.5%Added
Hara Capital LLC19,065$987.8K0.55%−200−1.0%Reduced
HighPoint Advisor Group LLC19,514$1.01M0.02%+2,688+16.0%Added
Barometer Capital Management Inc.78,200$1.02M0.34%−53,100−40.4%Reduced
Spire Wealth Management19,878$1.03M0.03%−248−1.2%Reduced
Integrated Quantitative Investments LLC19,920$1.03M0.22%−8,383−29.6%Reduced
Wynnefield Capital Inc20,000$1.04M0.58%−15,000−42.9%Reduced
Concurrent Investment Advisors, LLC20,335$1.05M0.01%+11,496+130.1%Added
Royal London Asset Management Ltd20,522$1.06M0.00%+812+4.1%Added
Towarzystwo Funduszy Inwestycyjnych Pzu SA20,500$1.06M0.27%+2,300+12.6%Added
Old Point Trust & Financial Services N A21,000$1.09M0.34%00.0%Unchanged
Moneta Group Investment Advisors LLC21,097$1.09M0.01%−319−1.5%Reduced
Retirement Planning Co of New England, Inc.21,351$1.11M0.44%−993−4.4%Reduced
Oakmont Investment Advisors, Inc.21,355$1.11M0.81%+21,355New
Steward Partners Investment Advisory, LLC21,439$1.11M0.01%+871+4.2%Added
Gulf International Bank (UK) Ltd21,600$1.12M0.04%00.0%Unchanged
Evergreen Capital Management LLC21,736$1.13M0.03%−81−0.4%Reduced