Ranked by reported Q2 2026 13F market value
Share of total reported institutional value in PAAS held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | VAN ECK ASSOCIATES CORP | 19.1M | $854.0M | -11.4% | 4.525% | 0.52% |
| 2 | MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 15.6M | $698.2M | +1.5% | 3.700% | 0.83% |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 11.5M | $516.6M | +0.7% | 2.735% | 0.01% |
| 4 | BlackRock, Inc. | 8.4M | $375.9M | -4.5% | 1.992% | 0.01% |
| 5 | JANE STREET GROUP, LLC | 6.4M | $287.9M | -33.2% | 1.525% | 0.02% |
| 6 | Capital International Investors | 6.2M | $279.3M | +9.4% | 1.480% | 0.06% |
| 7 | NORGES BANK | 5.6M | $250.0M | — | 1.325% | 0.02% |
| 8 | GEODE CAPITAL MANAGEMENT, LLC | 4.9M | $230.0M | +11.9% | 1.170% | 0.01% |
| 9 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 4.9M | $220.0M | -30.4% | 1.166% | 0.02% |
| 10 | MORGAN STANLEY | 4.8M | $214.6M | +55.6% | 1.137% | 0.01% |
| 11 | BANK OF MONTREAL /CAN/ | 4.5M | $199.4M | +62.4% | 1.057% | 0.07% |
| 12 | MILLENNIUM MANAGEMENT LLC | 4.0M | $178.7M | +5.0% | 0.947% | 0.06% |
| 13 | VANGUARD FIDUCIARY TRUST CO | 3.7M | $164.2M | +0.3% | 0.869% | 0.04% |
| 14 | ROYAL BANK OF CANADA | 3.7M | $164.2M | -6.8% | 0.870% | 0.02% |
| 15 | CITADEL ADVISORS LLC | 3.7M | $164.1M | -31.2% | 0.869% | 0.01% |
| 16 | DIMENSIONAL FUND ADVISORS LP | 3.5M | $157.2M | 0.0% | 0.833% | 0.03% |
| 17 | MANUFACTURERS LIFE INSURANCE COMPANY, THE | 3.2M | $145.3M | +14.0% | 0.771% | 0.06% |
| 18 | MACKENZIE FINANCIAL CORP | 2.2M | $141.5M | -1.0% | 0.528% | 0.14% |
| 19 | CANADA PENSION PLAN INVESTMENT BOARD | 3.1M | $138.3M | +15.8% | 0.733% | 0.08% |
| 20 | Connor, Clark & Lunn Investment Management Ltd. | 2.9M | $130.6M | -6.4% | 0.692% | 0.25% |
| 21 | TWO SIGMA INVESTMENTS, LP | 2.9M | $129.5M | +85.5% | 0.686% | 0.09% |
| 22 | Amundi | 2.8M | $123.3M | +4.9% | 0.653% | 0.03% |
| 23 | Invesco Ltd. | 2.7M | $123.1M | -39.0% | 0.652% | 0.01% |
| 24 | TD ASSET MANAGEMENT INC | 2.7M | $121.8M | +5.3% | 0.645% | 0.11% |
| 25 | CIBC Asset Management Inc | 2.4M | $109.3M | +35.0% | 0.580% | 0.24% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in PAAS — a direct measure of their conviction.
Filings activity in PAAS during Q2 2026, grouped by how each filer changed its position.
Institutions that opened a new PAAS position in Q2 2026
Institutions that fully closed their PAAS position in Q2 2026
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q2 2026 | 591 | 3.3% | 53.90% | 0.92 pp | $9.99B | 10% |
| Q1 2026 | 611 | +9.5% | 54.82% | 4.82 pp | $11.11B | +3.9% |
| Q4 2025 | 558 | +16% | 59.64% | +12.83 pp | $10.69B | +40% |
| Q3 2025 | 480 | +19% | 46.81% | 2.91 pp | $7.64B | +55% |
| Q2 2025 | 402 | +11% | 49.72% | +5.12 pp | $4.94B | +26% |
| Q1 2025 | 361 | +0.6% | 44.60% | 65.51 pp | $3.90B | 58% |
| Q4 2024 | 359 | +8.8% | 110.11% | +65.65 pp | $9.38B | +213% |
| Q3 2024 | 330 | — | 44.46% | — | $2.99B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying PAAS stock.
Based on Q2 2026 13F filings, institutional ownership of Pan American Silver Corp. stands at 53.9%, held across 591 reporting institutions.
VAN ECK ASSOCIATES CORP is the largest reported institutional holder of PAAS, with approximately 19,066,671 shares worth $0.85B as of Q2 2026.
Yes — 5 widely-followed marquee investors appear among the top 25 institutional holders of PAAS, including JANE STREET GROUP, LLC, SUSQUEHANNA INTERNATIONAL GROUP, LLP, MILLENNIUM MANAGEMENT LLC, CITADEL ADVISORS LLC, TWO SIGMA INVESTMENTS, LP.
Our composite Smart Money Score for PAAS is 55 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
58 institutions opened new positions in PAAS during Q2 2026, while 90 fully exited. 96 added to existing positions and 410 trimmed.
PAAS institutional ownership fell by 0.92 percentage points quarter-over-quarter, with a net change of -20 holders.
The top 10 institutions account for 39.3% of all reported 13F value in PAAS, and the top 25 account for 61.2%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Pan American Silver Corp. (PAAS) Institutional Ownership