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Horizon Kinetics Asset Management’s Franco-Nevada FNV Stock Holding History

Horizon Kinetics Asset Management’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
2026
Q1 		$187M Sell
757,297
-210,804
-22% -$52.2M 2.03% 7
2025
Q4 		$201M Sell
968,101
-44,261
-4% -$8.98M 2.71% 6
2025
Q3 		$226M Sell
1,012,362
-31,184
-3% -$5.62M 2.75% 5
2025
Q2 		$171M Buy
1,043,546
+26,772
+3% +$4.43M 2.03% 6
2025
Q1 		$160M Buy
1,016,774
+28,741
+3% +$4.02M 1.82% 5
2024
Q4 		$116M Buy
988,033
+52,199
+6% +$6.46M 1.45% 8
2024
Q3 		$116M Buy
935,834
+17,232
+2% +$2.13M 1.74% 7
2024
Q2 		$109M Buy
918,602
+21,253
+2% +$2.58M 1.9% 6
2024
Q1 		$107M Buy
897,349
+25,206
+3% +$2.77M 2.02% 5
2023
Q4 		$96.6M Sell
872,143
-84,606
-9% -$10.3M 2.02% 6
2023
Q3 		$128M Sell
956,749
-48,305
-5% -$6.83M 2.53% 5
2023
Q2 		$143M Sell
1,005,054
-32,928
-3% -$4.94M 3.09% 5
2023
Q1 		$151M Sell
1,037,982
-35,707
-3% -$4.98M 2.91% 4
2022
Q4 		$147M Sell
1,073,689
-4,876
-0.5% -$644K 2.42% 2
2022
Q3 		$129M Sell
1,078,565
-35,352
-3% -$4.44M 2.59% 2
2022
Q2 		$147M Buy
1,113,917
+30,857
+3% +$4.56M 3.07% 2
2022
Q1 		$173M Buy
1,083,060
+99,555
+10% +$14.3M 3.48% 2
2021
Q4 		$136M Buy
983,505
+35,220
+4% +$4.87M 2.99% 2
2021
Q3 		$123M Buy
948,285
+24,551
+3% +$3.6M 2.88% 2
2021
Q2 		$134M Buy
923,734
+155,948
+20% +$22.6M 2.73% 2
2021
Q1 		$96.2M Buy
767,786
+958
+0.1% +$115K 2.18% 3
2020
Q4 		$96.1M Sell
766,828
-47,470
-6% -$6.41M 3.2% 3
2020
Q3 		$114M Sell
814,298
-23,787
-3% -$3.53M 4.56% 3
2020
Q2 		$117M Sell
838,085
-284,946
-25% -$37.9M 4.24% 3
2020
Q1 		$112M Sell
1,123,031
-9,762
-0.9% -$1.06M 4.95% 2
2019
Q4 		$117M Sell
1,132,793
-3,615
-0.3% -$349K 3.32% 3
2019
Q3 		$104M Buy
1,136,408
+97,889
+9% +$8.98M 3.12% 3
2019
Q2 		$88.1M Buy
1,038,519
+56,358
+6% +$4.26M 2.44% 5
2019
Q1 		$73.7M Buy
+982,161
New +$72.9M 2.05% 6

Other funds holding FNV

Fidelity Investments
Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return
Massachusetts Financial Services
Massachusetts Financial Services Boston, Massachusetts $298B AUM 21.96% 1-Year Est. Return
VanEck Associates
VanEck Associates New York $133B AUM 72.99% 1-Year Est. Return
Fidelity International
Fidelity International Hamilton, Bermuda $129B AUM 30.83% 1-Year Est. Return
VCM
Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM
First Eagle Investment Management
First Eagle Investment Management New York $59B AUM 32.99% 1-Year Est. Return
Bank of Montreal
Bank of Montreal Toronto, Ontario, Canada $269B AUM 31.4% 1-Year Est. Return
Capital World Investors
Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return
EIG
EdgePoint Investment Group Toronto, Ontario, Canada $12.5B AUM 31.7% 1-Year Est. Return
Royal Bank of Canada
Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

Horizon Kinetics Asset Management's FNV Position: Q1 2026 in Review

Horizon Kinetics Asset Management reduced its Franco-Nevada (FNV) stake by 22% in Q1 2026, selling an estimated $52.2M and leaving 757,297 shares worth $187M. The position accounts for 2.03% of the portfolio, ranked #7.

Horizon Kinetics Asset Management first reported a position in FNV in Q1 2019 and has held it in 29 quarters since. The position peaked at $226M in Q3 2025. 637 funds tracked by Wall St. Rank hold FNV as of Q1 2026.

  • Horizon Kinetics Asset Management held 757,297 shares of Franco-Nevada worth $187M as of Q1 2026.
  • Horizon Kinetics Asset Management sold 210,804 Franco-Nevada shares in Q1 2026, an estimated $52.2M.
  • Franco-Nevada made up 2.03% of Horizon Kinetics Asset Management's portfolio in Q1 2026, its #7 holding.
  • Horizon Kinetics Asset Management first reported a position in Franco-Nevada in Q1 2019 and has held it in 29 quarters since.
  • Horizon Kinetics Asset Management's Franco-Nevada position peaked at $226M in Q3 2025.
  • 637 funds tracked by Wall St. Rank held Franco-Nevada as of Q1 2026.

Based on Horizon Kinetics Asset Management's 13F filing for Q1 2026, filed 15 May 2026.