WFG WEST FRASER TIMBER CO LTD
COM
CUSIP: 952845105
FIGI: BBG000BD1GP4
Institutional Holders156
Total Institutional Value$1,989,291,294
Total Shares Held38,940,800
Avg Position$12,751,867
Top 5 Holders %54.1%
Alpha-Weighted Score68.4
New Positions+16
Exited Positions-40
Top 15 Institutional Holders by Value
■ New ■ Increased ■ Decreased ■ Unchanged
Institutional Holders — Q4 25
| Manager | Alpha | Flow | Value | Shares | Change |
|---|---|---|---|---|---|
| FIL LTD | High Conviction | Significant Flow | $534,932,673 (26.9%) | 8,743,859 | -10.5% |
| ROYAL BANK OF CANADA | High Conviction | Market Mover | $191,261,000 (9.6%) | 3,129,765 | -70.5% |
| VANGUARD GROUP INC | High Conviction | Market Mover | $133,321,422 (6.7%) | 2,179,238 | -9.8% |
| MACKENZIE FINANCIAL CORP | High Conviction | Significant Flow | $111,668,495 (5.6%) | 1,836,255 | -4.5% |
| GOODMAN & COMPANY, INVESTMENT COUNSEL LTD. | High Conviction | Significant Flow | $104,333,714 (5.2%) | 1,707,310 | -19.1% |
| MANNING & NAPIER ADVISORS LLC | High Conviction | Moderate Flow | $92,427,469 (4.6%) | 1,512,477 | -18.7% |
| SMITH DONALD & CO INC /NJ/ | High Conviction | Low Flow | $91,013,690 (4.6%) | 1,489,342 | NEW |
| FMR LLC | High Conviction | Market Mover | $78,764,339 (4.0%) | 1,287,494 | -13.4% |
| LETKO, BROSSEAU & ASSOCIATES INC | High Conviction | Low Flow | $71,754,946 (3.6%) | 1,171,348 | -8.2% |
| PICTET ASSET MANAGEMENT HOLDING SA | High Conviction | Market Mover | $51,870,580 (2.6%) | 846,750 | -8.8% |
| NORGES BANK | High Conviction | Market Mover | $39,660,491 (2.0%) | 648,266 | -57.2% |
| BANK OF MONTREAL /CAN/ | High Conviction | Market Mover | $37,026,484 (1.9%) | 2,244,685 | -77.4% |
| ROBOTTI ROBERT | High Conviction | Minimal Flow | $36,218,064 (1.8%) | 592,670 | 81.7% |
| Lightrock Netherlands B.V. | High Conviction | Minimal Flow | $26,838,188 (1.3%) | 320,303 | 68.1% |
| GOLDMAN SACHS GROUP INC | High Conviction | Market Mover | $22,430,364 (1.1%) | 367,049 | 14.5% |
| DIMENSIONAL FUND ADVISORS LP | High Conviction | Market Mover | $21,408,361 (1.1%) | 350,325 | -10.9% |
| SCHWAB CHARLES INVESTMENT MANAGEMENT INC | High Conviction | Market Mover | $20,997,248 (1.1%) | 342,765 | -52.6% |
| BLACKROCK FUNDING, INC. /DE | High Conviction | Market Mover | $20,459,934 (1.0%) | 334,805 | 4.7% |
| TWO SIGMA INVESTMENTS, LP | Moderate Conviction | Significant Flow | $15,746,030 (0.8%) | 257,667 | 29.7% |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | High Conviction | Market Mover | $13,933,747 (0.7%) | 227,962 | - |
| SHAW D E & CO INC | Moderate Conviction | Market Mover | $11,922,406 (0.6%) | 194,859 | -36.0% |
| SIG NORTH TRADING, ULC | High Conviction | Low Flow | $11,707,270 (0.6%) | 191,577 | 208.1% |
| BANK OF AMERICA CORP /DE/ | Moderate Conviction | Market Mover | $10,809,138 (0.5%) | 176,880 | -63.5% |
| TD ASSET MANAGEMENT INC | High Conviction | Significant Flow | $10,627,665 (0.5%) | 173,489 | -38.1% |
| TWENTIETH CENTURY COMPANIES INC | High Conviction | Market Mover | $10,250,941 (0.5%) | 167,559 | 6.7% |
| MORGAN STANLEY | Moderate Conviction | Market Mover | $9,482,750 (0.5%) | 155,175 | -43.1% |
| ALLIANZ ASSET MANAGEMENT GMBH | High Conviction | Significant Flow | $9,230,972 (0.5%) | 150,689 | -12.9% |
| MILLENNIUM MANAGEMENT, L.L.C. | Moderate Conviction | Market Mover | $8,453,285 (0.4%) | 138,329 | NEW |
| HPM PARTNERS LLC | High Conviction | Market Mover | $8,374,025 (0.4%) | 137,032 | -12.1% |
| TWO SIGMA ADVISERS, LP | High Conviction | Significant Flow | $8,294,705 (0.4%) | 135,734 | 175.8% |
| SEGESPAR | High Conviction | Market Mover | $8,194,668 (0.4%) | 134,097 | -23.2% |
| CIBC WORLD MARKETS INC. | High Conviction | Significant Flow | $7,631,532 (0.4%) | 124,739 | -35.3% |
| ENVESTNET ASSET MANAGEMENT INC | High Conviction | Significant Flow | $7,028,046 (0.4%) | 114,934 | 83.2% |
| LEGAL & GENERAL GROUP PLC | High Conviction | Market Mover | $6,858,277 (0.3%) | 111,957 | -46.1% |
| Invesco Ltd. | Moderate Conviction | Market Mover | $6,672,295 (0.3%) | 109,185 | -7.3% |
| SWISS NATIONAL BANK | High Conviction | Market Mover | $6,510,395 (0.3%) | 106,200 | -8.2% |
| SCOTIA CAPITAL INC. | High Conviction | Moderate Flow | $6,366,443 (0.3%) | 105,639 | 92.4% |
| INTACT INVESTMENT MANAGEMENT INC. | High Conviction | Low Flow | $5,802,531 (0.3%) | 94,850 | 728.6% |
| BANK OF NOVA SCOTIA | High Conviction | Significant Flow | $5,568,350 (0.3%) | 91,022 | -7.8% |
| AQR CAPITAL MANAGEMENT LLC | High Conviction | Market Mover | $4,992,599 (0.3%) | 82,058 | NEW |
| QUADRATURE CAPITAL LTD | Moderate Conviction | Significant Flow | $4,153,322 (0.2%) | 67,800 | - |
| GEODE CAPITAL MANAGEMENT, LLC | High Conviction | Market Mover | $3,528,384 (0.2%) | 56,858 | - |
| TIMELO INVESTMENT MANAGEMENT INC. | High Conviction | Minimal Flow | $3,434,382 (0.2%) | 56,200 | NEW |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | High Conviction | Significant Flow | $3,403,216 (0.2%) | 55,690 | NEW |
| NATIONAL BANK OF CANADA /FI/ | Moderate Conviction | Market Mover | $3,393,586 (0.2%) | 56,040 | -21.8% |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. | High Conviction | Moderate Flow | $3,376,988 (0.2%) | 40,303 | -80.9% |
| SMEAD CAPITAL MANAGEMENT, INC. | Elite Conviction | Low Flow | $3,345,462 (0.2%) | 54,678 | -59.1% |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | High Conviction | Market Mover | $3,323,523 (0.2%) | 54,351 | -75.1% |
| BARCLAYS PLC | High Conviction | Market Mover | $3,286,924 (0.2%) | 53,787 | -23.5% |
| VONTOBEL HOLDING LTD. | High Conviction | Significant Flow | $3,281,110 (0.2%) | 53,631 | -88.2% |
| TAL INVESTMENT COUNSEL LTD | High Conviction | Significant Flow | $3,189,563 (0.2%) | 52,105 | -14.7% |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | High Conviction | Significant Flow | $2,896,097 (0.1%) | 47,380 | 273.2% |
| UBS Group AG | Moderate Conviction | Market Mover | $2,743,778 (0.1%) | 44,899 | -77.3% |
| DEUTSCHE BANK AG\\ | Moderate Conviction | Market Mover | $2,741,150 (0.1%) | 44,856 | -85.4% |
| PRINCIPAL FINANCIAL GROUP INC | High Conviction | Market Mover | $2,641,955 (0.1%) | 43,128 | 21.0% |
| CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. | High Conviction | Significant Flow | $2,613,582 (0.1%) | 42,720 | -69.5% |
| RENAISSANCE TECHNOLOGIES LLC | High Conviction | Significant Flow | $2,560,509 (0.1%) | 41,900 | 35.0% |
| Nuveen, LLC | High Conviction | Market Mover | $2,323,777 (0.1%) | 37,934 | - |
| QUANTBOT TECHNOLOGIES LP | High Conviction | Moderate Flow | $2,322,180 (0.1%) | 38,000 | -21.6% |
| CITADEL ADVISORS LLC | Moderate Conviction | Market Mover | $2,277,570 (0.1%) | 37,270 | -8.4% |
| JEFFERIES ASSET MANAGEMENT, LLC | Elite Conviction | Minimal Flow | $2,186,824 (0.1%) | 35,796 | -4.2% |
| METIS GLOBAL PARTNERS, LLC | High Conviction | Moderate Flow | $2,031,174 (0.1%) | 33,201 | 3.3% |
| MARYLAND STATE RETIREMENT & PENSION SYSTEM | High Conviction | Moderate Flow | $1,923,646 (0.1%) | 31,496 | -14.2% |
| FEDERATION DES CAISSES DESJARDINS DU QUEBEC | High Conviction | Significant Flow | $1,850,872 (0.1%) | 30,344 | -10.8% |
| NORTHWEST & ETHICAL INVESTMENTS L.P. | High Conviction | Moderate Flow | $1,839,645 (0.1%) | 30,069 | -3.3% |
| POLAR SECURITIES INC. | High Conviction | Moderate Flow | $1,831,943 (0.1%) | 30,000 | -10.2% |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT CORP | High Conviction | Moderate Flow | $1,830,547 (0.1%) | 29,921 | -18.6% |
| CANDRIAM S.C.A. | High Conviction | Moderate Flow | $1,696,172 (0.1%) | 27,688 | -9.9% |
| CENTERBOOK PARTNERS LP | High Conviction | Moderate Flow | $1,538,200 (0.1%) | 25,171 | 13.3% |
| RUSSELL INVESTMENTS GROUP, LTD. | Moderate Conviction | Market Mover | $1,514,976 (0.1%) | 24,751 | 15.1% |
| BAIRD FINANCIAL GROUP, INC. | High Conviction | Significant Flow | $1,461,690 (0.1%) | 23,919 | -10.1% |
| POINT72 ASSET MANAGEMENT, L.P. | Moderate Conviction | Market Mover | $1,443,809 (0.1%) | 23,570 | 121.2% |
| TORONTO DOMINION BANK | High Conviction | Significant Flow | $1,256,460 (0.1%) | 20,537 | -8.4% |
| FRIGATE VENTURES LP | High Conviction | Low Flow | $1,227,178 (0.1%) | 20,100 | 80.6% |
| CETERA INVESTMENT ADVISERS | High Conviction | Significant Flow | $1,220,091 (0.1%) | 19,934 | 7.2% |
| GUARDIAN CAPITAL LP | High Conviction | Low Flow | $1,099,069 (0.1%) | 17,980 | NEW |
| ZURCHER KANTONALBANK | High Conviction | Significant Flow | $1,068,839 (0.1%) | 17,448 | 53.0% |
| EDMOND DE ROTHSCHILD HOLDING S.A. | High Conviction | Moderate Flow | $1,036,753 (0.1%) | 16,905 | -26.3% |
| NUMERAI, LLC | High Conviction | Low Flow | $968,410 (0.0%) | 15,847 | NEW |
| TURTLE CREEK ASSET MANAGEMENT INC. | Elite Conviction | Low Flow | $944,150 (0.0%) | 15,450 | -20.0% |
| WE ARE ONE SEVEN, LLC | High Conviction | Moderate Flow | $907,667 (0.0%) | 14,853 | 50.0% |
| LPL FINANCIAL LLC | High Conviction | Market Mover | $854,562 (0.0%) | 13,984 | 11.5% |
| BRANDES INVESTMENT PARTNERS, LP | High Conviction | Moderate Flow | $725,865 (0.0%) | 11,878 | NEW |
| AIGEN INVESTMENT MANAGEMENT, LP | Moderate Conviction | Low Flow | $707,447 (0.0%) | 8,425 | -46.2% |
| J.W. COLE ADVISORS, INC. | High Conviction | Moderate Flow | $700,661 (0.0%) | 11,466 | -19.4% |
| BANK OF NOVA SCOTIA TRUST CO | High Conviction | Low Flow | $655,589 (0.0%) | 10,728 | -7.9% |
| EJF CAPITAL LLC | High Conviction | Minimal Flow | $611,100 (0.0%) | 10,000 | -10.1% |
| OPPENHEIMER & CO INC | High Conviction | Moderate Flow | $544,429 (0.0%) | 8,909 | -20.9% |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Moderate Conviction | Market Mover | $513,324 (0.0%) | 8,400 | -22.2% |
| Union Bancaire Privee, UBP SA | High Conviction | Low Flow | $511,693 (0.0%) | 8,438 | -10.4% |
| NATIXIS | High Conviction | Significant Flow | $484,358 (0.0%) | 7,926 | 55.0% |
| WELLS FARGO & COMPANY/MN | Moderate Conviction | Market Mover | $478,409 (0.0%) | 7,832 | -7.9% |
| TD WATERHOUSE CANADA INC. | High Conviction | Significant Flow | $473,029 (0.0%) | 7,848 | -66.9% |
| JANE STREET GROUP, LLC | Moderate Conviction | Market Mover | $467,681 (0.0%) | 7,658 | -97.3% |
| ALLIANCEBERNSTEIN L.P. | High Conviction | Market Mover | $456,858 (0.0%) | 7,476 | -10.1% |
| SEI INVESTMENTS CO | High Conviction | Market Mover | $439,381 (0.0%) | 7,190 | 27.2% |
| KESTRA ADVISORY SERVICES, LLC | High Conviction | Significant Flow | $426,224 (0.0%) | 6,975 | 13.5% |
| NEUBERGER BERMAN GROUP LLC | High Conviction | Market Mover | $425,685 (0.0%) | 6,949 | -2.1% |
| INVESTMENT MANAGEMENT CORP OF ONTARIO | High Conviction | Moderate Flow | $419,887 (0.0%) | 6,871 | NEW |
| DIVERSIFY ADVISORY SERVICES, LLC | High Conviction | Moderate Flow | $404,915 (0.0%) | 5,780 | 13.0% |
Implied Institutional Price History
Estimated from 13F aggregate market value ÷ shares reported across all institutional filers. Reflects quarter-end snapshot, not actual trade prices.
| Quarter | Filers | Institutional Value | Shares Held | Est. Avg Price |
|---|---|---|---|---|
| Q4 25 | 155 | $1.99B | 38,940,817 | $51.09 |
| Q3 25 | 180 | $2.87B | 45,253,121 | $63.47 |
| Q2 25 | 203 | $2.24B | 33,599,672 | $66.74 |
| Q1 25 | 216 | $2.25B | 32,516,513 | $69.29 |
| Q4 24 | 214 | $2.74B | 34,993,246 | $78.39 |
| Q3 24 | 209 | $2.91B | 32,534,898 | $89.36 |
| Q2 24 | 210 | $2.55B | 35,008,956 | $72.90 |
| Q1 24 | 199 | $3.11B | 37,619,775 | $82.64 |
Source: SEC 13F-HR filings. Implied price = aggregate market value ÷ shares reported. Not investment advice.