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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
First Trust Advisors LP72,789$3.77M0.00%−23,890−24.7%Reduced
U S Global Investors Inc73,555$3.81M0.41%00.0%Unchanged
Northern Trust Corp78,568$4.07M0.00%+6,075+8.4%Added
HighTower Advisors, LLC83,482$4.33M0.00%−3,925−4.5%Reduced
Wellington Management Group LLP83,844$4.35M0.00%+12,430+17.4%Added
ExodusPoint Capital Management, LP84,469$4.38M0.05%+17,153+25.5%Added
DekaBank Deutsche Girozentrale215,636$4.53M0.01%00.0%Unchanged
Simplex Trading, LLC87,892$4.55M0.13%−119,674−57.7%Reduced
Sciencast Management LP90,018$4.66M0.64%+41,141+84.2%Added
Advisor Group Holdings, Inc.90,439$4.69M0.01%−41,178−31.3%Reduced
Beacon Pointe Advisors, LLC92,761$4.81M0.03%−11,651−11.2%Reduced
MH & Associates Securities Management Corp93,027$4.82M3.94%+93,027New
O'Domhnaill Enterprises, Inc.93,599$4.85M4.54%+93,599New
Pine Valley Investments Ltd Liability Co95,995$4.97M0.25%+1,638+1.7%Added
Knoll Capital Management, LLC100,035$5.18M2.38%00.0%Unchanged
Walleye Trading LLC103,226$5.35M0.09%+27,643+36.6%Added
USS Investment Management Ltd106,921$5.54M0.03%−311−0.3%Reduced
BNP Paribas Arbitrage, SA107,332$5.56M0.00%−30,606−22.2%Reduced
Lansforsakringar Fondforvaltning AB (publ)107,196$5.56M0.03%−476−0.4%Reduced
Victory Capital Management Inc114,409$5.93M0.00%+14,701+14.7%Added
Keating Investment Counselors Inc115,291$5.97M1.66%+1,281+1.1%Added
Ninepoint Partners LP115,621$5.99M0.71%+67,966+142.6%Added
BFSG, LLC116,508$6.04M0.59%−2,340−2.0%Reduced
PCJ Investment Counsel Ltd.118,918$6.17M1.53%−67,650−36.3%Reduced
Hollencrest Capital Management121,233$6.28M0.22%−400−0.3%Reduced
CSM Advisors, LLC129,400$6.71M0.18%−69,364−34.9%Reduced
Trexquant Investment LP131,420$6.81M0.06%+65,144+98.3%Added
Citigroup Inc132,369$6.87M0.00%−527,770−79.9%Reduced
Steadtrust LLC134,800$6.98M4.30%−14,110−9.5%Reduced
Credit Agricole S A138,150$7.16M0.02%+58,288+73.0%Added
Barings LLC138,681$7.19M0.13%−29,477−17.5%Reduced
Lesa Sroufe & Co143,075$7.41M5.52%−53,315−27.1%Reduced
Schonfeld Strategic Advisors LLC143,877$7.45M0.04%−82,825−36.5%Reduced
Perpetual Ltd149,451$7.74M0.11%−182,103−54.9%Reduced
SEI Investments Co150,199$7.78M0.01%−79,748−34.7%Reduced
DJE Kapital AG148,802$7.81M0.22%00.0%Unchanged
Spears Abacus Advisors LLC150,836$7.81M0.15%00.0%Unchanged
Candriam Luxembourg S.C.A.152,000$7.88M0.04%+152,000New
Global Strategic Management Inc153,984$7.99M6.66%+153,984New
Waratah Capital Advisors Ltd.154,335$8.00M0.61%−1,186,507−88.5%Reduced
BW Gestao de Investimentos Ltda.155,980$8.08M0.28%+155,980New
Wealth High Governance Capital Ltda155,980$8.08M2.37%+155,980New
Public Sector Pension Investment Board159,026$8.24M0.03%+127,538+405.0%Added
Stifel Financial Corp159,949$8.29M0.01%+30,576+23.6%Added
State of Wisconsin Investment Board169,775$8.81M0.02%+169,775New
Goehring & Rozencwajg Associates, LLC175,080$9.07M0.90%−73,000−29.4%Reduced
Jane Street Group, LLC177,634$9.20M0.01%−663,414−78.9%Reduced
Cheviot Value Management, LLC142,308$9.38M0.92%−37,609−20.9%Reduced
Guggenheim Capital LLC183,461$9.51M0.07%−51,232−21.8%Reduced
Osmosis Investment Management UK Ltd183,479$9.52M0.24%+183,479New
Gotham Asset Management, LLC189,684$9.83M0.04%−41,783−18.1%Reduced
Capital Fund Management S.A.191,672$9.93M0.09%+62,894+48.8%Added
Rockefeller Capital Management L.P.193,497$10.0M0.02%+9,253+5.0%Added
HSBC Holdings PLC195,682$10.2M0.01%−139,613−41.6%Reduced
Point72 Asset Management, L.P.198,707$10.3M0.02%+198,707New
Groupe la Francaise207,500$10.8M0.16%+11,740+6.0%Added
Pictet Asset Management Holding SA211,920$11.0M0.01%+45,381+27.2%Added
Electrum Group LLC216,130$11.2M0.98%+216,130New
Great West Life Assurance Co216,733$11.2M0.02%−260,968−54.6%Reduced
Cetera Investment Advisers217,390$11.3M0.01%−44,343−16.9%Reduced
Forsta Ap-Fonden217,500$11.3M0.07%−12,100−5.3%Reduced
SIG North Trading, ULC220,295$11.4M2.00%+146,110+197.0%Added
Acadian Asset Management LLC220,588$11.4M0.02%−105,397−32.3%Reduced
British Columbia Investment Management Corp224,447$11.6M0.06%−21,530−8.8%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)224,276$11.6M0.03%+12,008+5.7%Added
PKO Investment Management Joint-Stock Co230,774$12.0M0.96%+89,550+63.4%Added
Qube Research & Technologies Ltd231,837$12.0M0.02%−950,214−80.4%Reduced
Lombard Odier Asset Management (Europe) Ltd237,693$12.3M0.63%−30,768−11.5%Reduced
NFJ Investment Group, LLC241,052$12.5M0.45%−59,894−19.9%Reduced
LPL Financial LLC243,768$12.6M0.00%−2,189−0.9%Reduced
Toronto Dominion Bank243,812$12.6M0.02%+113,298+86.8%Added
Wealth High Governance Asset Management Ltda.244,020$12.6M2.26%+244,020New
Triasima Portfolio Management inc.252,950$13.1M1.97%+10,945+4.5%Added
HRT Financial LP258,523$13.4M0.04%+258,523New
Alps Advisors Inc262,060$13.6M0.08%+82,521+46.0%Added
Builder Investment Group Inc268,194$13.9M3.00%−700−0.3%Reduced
IMC-Chicago, LLC269,223$13.9M0.25%+64,206+31.3%Added
Janus Henderson Group PLC274,802$14.2M0.01%−69,935−20.3%Reduced
Twin Tree Management, LP280,215$14.5M1.49%+106,335+61.2%Added
Westwood Holdings Group Inc.282,910$14.7M0.12%−176,400−38.4%Reduced
Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group286,327$14.8M7.24%00.0%Unchanged
Alberta Investment Management Corp288,115$14.9M0.09%−25,800−8.2%Reduced
Panagora Asset Management Inc289,839$15.0M0.05%+289,839New
Caisse de Depot Et Placement du Quebec291,000$15.1M0.03%+291,000New
Barclays PLC293,585$15.2M0.01%−3,980−1.3%Reduced
Oppenheimer & Co Inc301,664$15.6M0.22%−19,226−6.0%Reduced
Franklin Resources Inc315,392$16.4M0.00%+10,118+3.3%Added
Wells Fargo & Company321,446$16.7M0.00%+6,896+2.2%Added
Russell Investments Group, Ltd.349,958$18.2M0.02%+100,040+40.0%Added
Aviva PLC350,522$18.2M0.03%+60,455+20.8%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.259,988$18.3M0.02%+259,988New
Hatch Cove Capital, LLC358,000$18.5M7.24%+358,000New
Two Sigma Advisers, LP398,643$20.7M0.04%−3,300−0.8%Reduced
Financial Sense Advisors, Inc.420,736$21.8M4.07%−276,869−39.7%Reduced
D. E. Shaw & Co., Inc.423,564$21.9M0.02%+119,791+39.4%Added
Raymond James Financial Inc426,968$22.1M0.01%−47,313−10.0%Reduced
Hillsdale Investment Management Inc.441,590$22.9M0.63%−204,810−31.7%Reduced
Nuveen, LLC447,597$23.2M0.01%00.0%Unchanged
Group One Trading, L.P.449,526$23.3M0.69%+148,289+49.2%Added
Korea Investment CORP478,808$24.9M0.05%−253,987−34.7%Reduced