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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
CIBC Asset Management Inc483,498$25.1M0.06%−11,439−2.3%Reduced
Allianz Asset Management GmbH494,973$25.7M0.03%+388,589+365.3%Added
Federation des caisses Desjardins du Quebec496,605$25.7M0.10%+10,255+2.1%Added
Hamilton Capital Partners Inc.509,543$26.4M0.97%+30,908+6.5%Added
Capital International Inc549,330$28.5M0.22%+549,330New
Rokos Capital Management LLP574,217$29.7M0.44%+574,217New
Ruffer LLP608,328$31.6M1.44%−293,423−32.5%Reduced
TD Waterhouse Canada Inc.610,203$31.6M0.20%+588,142+2,666.0%Added
Gabelli Funds LLC634,700$32.9M0.22%−2,700−0.4%Reduced
SG Americas Securities, LLC648,374$33.6M0.04%+575,466+789.3%Added
AQR Capital Management LLC649,129$33.7M0.02%+603,407+1,319.7%Added
Bank of Nova Scotia651,192$33.8M0.05%+9,972+1.6%Added
Allspring Global Investments Holdings, LLC747,727$38.7M0.06%00.0%Unchanged
Sprott Inc.781,084$40.5M1.45%−711,843−47.7%Reduced
National Bank of Canada785,930$40.8M0.04%−637,934−44.8%Reduced
Agf Management Ltd818,178$42.4M0.18%−121,145−12.9%Reduced
Bank of New York Mellon Corp876,197$45.4M0.01%−1,274,438−59.3%Reduced
Goldman Sachs Group Inc909,992$47.1M0.01%−1,657,136−64.6%Reduced
Two Sigma Investments, LP988,715$51.2M0.08%+332,526+50.7%Added
Man Group plc1,001,833$51.9M0.10%−350,062−25.9%Reduced
Charles Schwab Investment Management Inc1,025,886$53.3M0.01%+2,364+0.2%Added
UBS Group AG1,065,578$55.2M0.01%−1,320,028−55.3%Reduced
Susquehanna International Group, LLP1,079,519$55.9M0.08%+904,924+518.3%Added
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main1,086,690$56.4M0.05%−40,815−3.6%Reduced
Swiss National Bank1,118,602$58.1M0.03%−95,300−7.9%Reduced
CIBC World Markets Inc.1,175,068$60.9M0.11%+40,027+3.5%Added
Citadel Advisors LLC1,185,712$61.4M0.04%+631,442+113.9%Added
Euro Pacific Asset Management, LLC1,287,451$61.6M6.84%−43,169−3.2%Reduced
Driehaus Capital Management LLC1,188,932$61.6M0.42%−835,923−41.3%Reduced
Millennium Management LLC1,199,441$62.1M0.04%−1,862,273−60.8%Reduced
Slate Path Capital LP1,334,280$69.1M0.93%−1,860,520−58.2%Reduced
Ameriprise Financial Inc1,424,411$73.9M0.02%−2,101,184−59.6%Reduced
Deutsche Bank AG1,508,844$78.2M0.03%+190,114+14.4%Added
American Century Companies Inc1,572,664$81.5M0.04%+40,266+2.6%Added
Evergreen Quality Fund GP, Ltd.1,620,000$83.9M1.66%−375,200−18.8%Reduced
JPMorgan Chase & Co1,749,012$90.6M0.01%+1,337,727+325.3%Added
Schroder Investment Management Group1,731,199$91.2M0.07%+437,715+33.8%Added
Ingalls & Snyder LLC1,789,824$92.7M3.42%−5,572−0.3%Reduced
Mackenzie Financial Corp1,777,653$93.4M0.11%−150,121−7.8%Reduced
North of South Capital LLP2,147,562$111.3M10.00%−852,494−28.4%Reduced
Jupiter Asset Management Ltd2,171,931$112.5M0.90%+28,007+1.3%Added
Ninety One UK Ltd2,225,237$115.3M0.25%+69,985+3.2%Added
Morgan Stanley2,396,226$124.1M0.01%−68,024−2.8%Reduced
Bank of Montreal2,467,971$128.0M0.05%+377,094+18.0%Added
TD Asset Management Inc2,467,918$128.1M0.10%+216,354+9.6%Added
Toroso Investments, LLC2,567,025$133.0M0.56%+1,028,612+66.9%Added
Bank of America Corp2,586,335$134.0M0.01%+326,956+14.5%Added
Canada Pension Plan Investment Board2,615,426$135.6M0.09%+836,906+47.1%Added
Legal & General Group Plc2,730,291$142.7M0.03%+163,790+6.4%Added
Amundi2,834,247$146.8M0.04%+157,634+5.9%Added
Manufacturers Life Insurance Company, The2,937,145$152.4M0.13%+568,452+24.0%Added
First Eagle Investment Management, LLC3,488,959$180.9M0.32%−1,105,575−24.1%Reduced
Dimensional Fund Advisors LP3,577,765$185.4M0.04%−32,137−0.9%Reduced
Geode Capital Management, LLC3,827,024$197.5M0.01%+252,309+7.1%Added
Connor, Clark & Lunn Investment Management Ltd.3,999,858$207.4M0.54%−351,505−8.1%Reduced
Capital International Investors4,159,115$215.5M0.03%+4,159,115New
Royal Bank of Canada4,231,158$219.2M0.04%−840,331−16.6%Reduced
Arrowstreet Capital, Limited Partnership4,581,099$237.4M0.14%−91,646−2.0%Reduced
Norges Bank5,858,647$303.6M0.03%+5,858,647New
Invesco Ltd.5,989,873$310.3M0.03%−3,908,524−39.5%Reduced
FMR LLC6,858,204$355.4M0.02%−395,671−5.5%Reduced
FIL Ltd7,307,777$378.9M0.28%+4,438,478+154.7%Added
BlackRock, Inc.11,602,435$601.1M0.01%+4,250,372+57.8%Added
Mirae Asset Global ETFs Holdings Ltd.15,860,311$821.7M1.23%+1,397,399+9.7%Added
Vanguard Group Inc17,465,779$905.5M0.01%+274,168+1.6%Added
Van Eck Associates Corp39,582,900$2.05B1.69%−5,559,160−12.3%Reduced
Balyasny Asset Management LLC0$00.00%−1,167,719−100.0%Sold out
Gilder Gagnon Howe & Co LLC0$00.00%−163,045−100.0%Sold out
Fourth Sail Capital LP0$00.00%−17,901,528−100.0%Sold out
DF Dent & Co Inc0$00.00%−159,244−100.0%Sold out
Alpine Associates Management Inc.0$00.00%−120,616−100.0%Sold out
Verition Fund Management LLC0$00.00%−80,528−100.0%Sold out
GeoSphere Capital Management, LLC0$00.00%−80,000−100.0%Sold out
Qsemble Capital Management, LP0$00.00%−71,558−100.0%Sold out
Empowered Funds, LLC0$00.00%−64,076−100.0%Sold out
Achmea Investment Management B.V.0$00.00%−58,430−100.0%Sold out
Sandler Capital Management0$00.00%−43,681−100.0%Sold out
Entropy Technologies, LP0$00.00%−33,188−100.0%Sold out
Hohimer Wealth Management, LLC0$00.00%−31,945−100.0%Sold out
Pinpoint Asset Management (Singapore) Pte. Ltd.0$00.00%−27,741−100.0%Sold out
Daiwa Securities Group Inc.0$00.00%−22,800−100.0%Sold out
Plato Investment Management Ltd0$00.00%−21,133−100.0%Sold out
Privium Fund Management B.V.0$00.00%−18,531−100.0%Sold out
Dynamic Technology Lab Private Ltd0$00.00%−17,634−100.0%Sold out
National Asset Management, Inc.0$00.00%−17,073−100.0%Sold out
Headlands Technologies LLC0$00.00%−16,835−100.0%Sold out
XTX Topco Ltd0$00.00%−16,218−100.0%Sold out
Royce & Associates LP0$00.00%−12,700−100.0%Sold out
Gsa Capital Partners LLP0$00.00%−12,232−100.0%Sold out
Flow Traders U.S. LLC0$00.00%−11,638−100.0%Sold out
Keebeck Alpha, LP0$00.00%−11,169−100.0%Sold out
Blueshift Asset Management, LLC0$00.00%−11,068−100.0%Sold out
Regions Financial Corp0$00.00%−10,311−100.0%Sold out
111 Capital0$00.00%−10,267−100.0%Sold out
Omers Administration Corp0$00.00%−10,000−100.0%Sold out
Crabel Capital Management, LLC0$00.00%−10,000−100.0%Sold out
Change Path, LLC0$00.00%−9,291−100.0%Sold out
Arizona State Retirement System0$00.00%−7,531−100.0%Sold out
Magnetar Financial LLC0$00.00%−7,414−100.0%Sold out
MQS Management LLC0$00.00%−7,360−100.0%Sold out