| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| VAN ECK ASSOCIATES CORP | 8.2% | -15% | $868,874,115 | -$159,998,208 | 29,613,978 | -16% | VAN ECK ASSOCIATES CORP | 30 Jun 2025 |
| BlackRock, Inc. | 5.2% | +30% | $853,581,237 | +$291,616,489 | 22,039,278 | +52% | BlackRock, Inc. | 30 Sep 2025 |
As of 31 Dec 2025, 543 institutional investors reported holding 233,716,055 shares of PAN AMERICAN SILVER CORP - Common Stock (PAAS). This represents 55% of the company’s total 423,832,269 outstanding shares.
The largest institutional shareholders of PAN AMERICAN SILVER CORP - Common Stock (PAAS) together control 39% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| VAN ECK ASSOCIATES CORP | 9.3% | 39,582,900 | -12% | 1.7% | $2,050,801,000 |
| VANGUARD GROUP INC | 4.1% | 17,465,779 | +1.6% | 0.01% | $905,512,623 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 3.7% | 15,860,311 | +9.7% | 1.2% | $821,722,713 |
| BlackRock, Inc. | 2.7% | 11,602,435 | +58% | 0.01% | $601,122,181 |
| FIL Ltd | 1.7% | 7,307,777 | +155% | 0.28% | $378,872,472 |
| FMR LLC | 1.6% | 6,858,204 | -5.5% | 0.02% | $355,445,646 |
| Invesco Ltd. | 1.4% | 5,989,873 | -39% | 0.05% | $310,335,320 |
| NORGES BANK | 1.4% | 5,858,647 | 0.03% | $303,610,588 | |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 1.1% | 4,581,099 | -2% | 0.14% | $237,371,603 |
| ROYAL BANK OF CANADA | 1% | 4,231,158 | -17% | 0.04% | $219,217,000 |
| Capital International Investors | 0.98% | 4,159,115 | 0.03% | $215,483,748 | |
| Connor, Clark & Lunn Investment Management Ltd. | 0.94% | 3,999,858 | -8.1% | 0.54% | $207,375,867 |
| GEODE CAPITAL MANAGEMENT, LLC | 0.9% | 3,827,024 | +7.1% | 0.01% | $197,497,734 |
| DIMENSIONAL FUND ADVISORS LP | 0.84% | 3,577,765 | -0.89% | 0.04% | $185,378,955 |
| First Eagle Investment Management, LLC | 0.82% | 3,488,959 | -24% | 0.32% | $180,889,139 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | 0.69% | 2,937,145 | +24% | 0.13% | $152,430,379 |
| Amundi | 0.67% | 2,834,247 | +5.9% | 0.05% | $146,842,337 |
| Legal & General Group Plc | 0.64% | 2,730,291 | +6.4% | 0.03% | $142,743,145 |
| CANADA PENSION PLAN INVESTMENT BOARD | 0.62% | 2,615,426 | +47% | 0.09% | $135,599,788 |
| BANK OF AMERICA CORP /DE/ | 0.61% | 2,586,335 | +14% | 0.01% | $133,998,018 |
| Tidal Investments LLC | 0.61% | 2,567,025 | +67% | 0.56% | $132,997,565 |
| BANK OF MONTREAL /CAN/ | 0.58% | 2,467,971 | +18% | 0.05% | $127,954,829 |
| TD Asset Management Inc | 0.58% | 2,467,918 | +9.6% | 0.1% | $128,117,486 |
| MORGAN STANLEY | 0.57% | 2,396,226 | -2.8% | 0.01% | $124,148,515 |
| Ninety One UK Ltd | 0.53% | 2,225,237 | +3.2% | 0.25% | $115,289,521 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 233,716,055 | $12,120,536,710 | +$32,733,468 | $51.81 | 543 |
| 2025 Q3 | 233,520,486 | $9,045,745,040 | +$1,328,200,954 | $38.73 | 484 |
| 2025 Q2 | 201,472,993 | $5,722,915,465 | +$402,316,754 | $28.40 | 405 |
| 2025 Q1 | 187,504,435 | $4,841,479,982 | +$198,469,809 | $25.83 | 369 |
| 2024 Q4 | 182,767,981 | $3,697,607,056 | -$165,130,992 | $20.22 | 361 |
| 2024 Q3 | 190,665,673 | $4,167,392,535 | +$35,833,070 | $20.87 | 345 |
| 2024 Q2 | 191,706,887 | $3,813,735,382 | -$44,300,279 | $19.88 | 342 |
| 2024 Q1 | 183,327,740 | $2,764,161,116 | +$88,158,704 | $15.08 | 304 |
| 2023 Q4 | 187,894,962 | $3,066,404,682 | +$48,726,675 | $16.33 | 312 |
| 2023 Q3 | 182,514,243 | $2,644,471,673 | +$3,675,183 | $14.48 | 303 |
| 2023 Q2 | 184,721,718 | $2,694,235,116 | +$772,537,078 | $14.58 | 314 |
| 2023 Q1 | 131,050,749 | $2,387,057,539 | +$234,690,945 | $18.20 | 280 |
| 2022 Q4 | 118,383,235 | $1,937,326,388 | +$370,323,967 | $16.34 | 268 |
| 2022 Q3 | 95,052,318 | $1,511,436,474 | -$51,263,859 | $15.88 | 252 |
| 2022 Q2 | 97,140,864 | $1,911,616,688 | +$72,750,933 | $19.67 | 271 |
| 2022 Q1 | 93,139,290 | $2,545,310,190 | +$12,005,353 | $27.30 | 278 |
| 2021 Q4 | 93,262,559 | $2,327,556,245 | -$113,614,390 | $24.97 | 279 |
| 2021 Q3 | 96,220,667 | $2,237,808,700 | +$9,541,883 | $23.27 | 265 |
| 2021 Q2 | 95,412,159 | $2,723,973,035 | -$49,354,127 | $28.57 | 281 |
| 2021 Q1 | 97,375,747 | $2,924,781,077 | -$96,200,531 | $30.03 | 284 |
| 2020 Q4 | 100,340,370 | $3,463,285,537 | -$108,181,918 | $34.51 | 274 |
| 2020 Q3 | 103,121,680 | $3,315,255,501 | -$79,218,001 | $32.15 | 278 |
| 2020 Q2 | 104,490,855 | $3,177,529,523 | -$113,088,085 | $30.39 | 267 |
| 2020 Q1 | 108,473,291 | $1,559,223,743 | -$118,611,900 | $14.33 | 224 |
| 2019 Q4 | 117,841,489 | $2,811,254,297 | +$91,243,002 | $23.69 | 229 |
| 2019 Q3 | 114,172,120 | $1,792,650,756 | +$117,765,235 | $15.68 | 199 |
| 2019 Q2 | 106,960,207 | $1,388,720,707 | +$9,125,031 | $12.91 | 175 |
| 2019 Q1 | 105,813,131 | $1,403,414,419 | +$338,614,033 | $13.25 | 193 |
| 2018 Q4 | 80,503,399 | $1,176,900,526 | -$724,218 | $14.60 | 164 |
| 2018 Q3 | 80,290,566 | $1,187,055,694 | +$57,208,510 | $14.76 | 176 |
| 2018 Q2 | 77,538,118 | $1,390,521,296 | -$6,594,510 | $17.90 | 186 |
| 2018 Q1 | 77,889,663 | $1,257,282,658 | +$1,473,541 | $16.15 | 182 |
| 2017 Q4 | 77,939,915 | $1,213,842,584 | -$78,076,415 | $15.56 | 181 |
| 2017 Q3 | 82,840,121 | $1,411,753,242 | +$480,595 | $17.05 | 179 |
| 2017 Q2 | 82,574,391 | $1,388,550,235 | -$5,428,043 | $16.82 | 164 |
| 2017 Q1 | 75,441,571 | $1,320,642,432 | +$19,390,096 | $17.52 | 178 |
| 2016 Q4 | 74,891,670 | $1,130,148,416 | +$61,403,780 | $15.07 | 187 |
| 2016 Q3 | 70,225,363 | $1,236,020,744 | +$9,277,270 | $17.62 | 177 |
| 2016 Q2 | 69,836,450 | $1,148,122,694 | -$54,059,198 | $16.45 | 179 |
| 2016 Q1 | 74,410,620 | $809,229,205 | +$44,919,889 | $10.87 | 164 |
| 2015 Q4 | 70,753,079 | $459,796,824 | -$4,363,621 | $6.50 | 150 |
| 2015 Q3 | 71,747,647 | $455,477,332 | -$4,468,986 | $6.35 | 164 |
| 2015 Q2 | 72,213,090 | $620,445,694 | +$70,536,028 | $8.59 | 153 |
| 2015 Q1 | 64,067,837 | $562,017,305 | +$9,348,749 | $8.77 | 152 |
| 2014 Q4 | 63,971,671 | $590,465,356 | -$17,871,089 | $9.20 | 177 |
| 2014 Q3 | 65,948,100 | $725,650,062 | +$20,281,372 | $10.98 | 172 |
| 2014 Q2 | 63,419,216 | $974,628,872 | +$72,962,285 | $15.35 | 163 |
| 2014 Q1 | 58,692,312 | $757,347,610 | -$34,840,357 | $12.87 | 159 |