Cove Street Capital’s Franco-Nevada FNV Stock Holding History

Cove Street Capital’s Portfolio FNV Stock Details FNV Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q1	–	Sell	-17,114	Closed	-$2.01M	–	102
2024 Q4	$2.01M	Hold	17,114	–	–	2.35%	15
2024 Q3	$2.13M	Hold	17,114	–	–	1.66%	25
2024 Q2	$2.03M	Sell	17,114 -2,286	-12%	-$278K	1.46%	26
2024 Q1	$2.31M	Sell	19,400 -1,100	-5%	-$121K	0.73%	35
2023 Q4	$2.27M	Hold	20,500	–	–	0.69%	37
2023 Q3	$2.78M	Sell	20,500 -500	-2%	-$70.7K	0.94%	33
2023 Q2	$2.99M	Sell	21,000 -2,600	-11%	-$390K	0.93%	33
2023 Q1	$3.44M	Sell	23,600 -300	-1%	-$41.8K	1.03%	35
2022 Q4	$3.26M	Sell	23,900 -1,900	-7%	-$251K	0.89%	34
2022 Q3	$3.08M	Hold	25,800	–	–	0.86%	37
2022 Q2	$3.4M	Sell	25,800 -1,000	-4%	-$148K	0.86%	37
2022 Q1	$4.28M	Sell	26,800 -700	-3%	-$101K	0.76%	37
2021 Q4	$3.8M	Sell	27,500 -2,500	-8%	-$346K	0.67%	40
2021 Q3	$3.9M	Hold	30,000	–	–	0.58%	44
2021 Q2	$4.35M	Sell	30,000 -900	-3%	-$130K	0.63%	43
2021 Q1	$3.87M	Buy	+30,900	New	+$3.72M	0.55%	41

Other funds holding FNV

Massachusetts Financial Services Boston, Massachusetts $298B AUM 21.96% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Fidelity International Hamilton, Bermuda $129B AUM 30.83% 1-Year Est. Return

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

VanEck Associates New York $133B AUM 72.99% 1-Year Est. Return

Bank of Montreal Toronto, Ontario, Canada $269B AUM 31.4% 1-Year Est. Return

EIG

EdgePoint Investment Group Toronto, Ontario, Canada $12.5B AUM 31.7% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

First Eagle Investment Management New York $59B AUM 32.99% 1-Year Est. Return

Cove Street Capital's FNV Position: Q1 2025 in Review

Cove Street Capital sold out of Franco-Nevada (FNV) in Q1 2025, closing a stake of 17,114 shares — an estimated $2.01M sold.

Cove Street Capital first reported a position in FNV in Q1 2021 and held it in 16 quarters. The position peaked at $4.35M in Q2 2021. 523 funds tracked by Wall St. Rank hold FNV as of Q1 2025.

Cove Street Capital reported no remaining Franco-Nevada position as of Q1 2025 after selling out during the quarter.
Cove Street Capital sold 17,114 Franco-Nevada shares in Q1 2025, an estimated $2.01M.
Cove Street Capital first reported a position in Franco-Nevada in Q1 2021 and held it in 16 quarters.
Cove Street Capital's Franco-Nevada position peaked at $4.35M in Q2 2021.
523 funds tracked by Wall St. Rank held Franco-Nevada as of Q1 2025.

Based on Cove Street Capital's 13F filing for Q1 2025, filed 15 May 2025.