Millennium Management’s Franco-Nevada FNV Stock Holding History

Millennium 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	$5.44M	Buy	22,000 +4,700	+27%	+$1.16M	﹤0.01%	2841
2025 Q4	$3.59M	Buy	17,300 +400	+2%	+$81.1K	﹤0.01%	3378
2025 Q3	$3.77M	Sell	16,900 -6,000	-26%	-$1.08M	﹤0.01%	3428
2025 Q2	$3.75M	Buy	22,900 +9,300	+68%	+$1.54M	﹤0.01%	3275
2025 Q1	$2.14M	Buy	13,600 +800	+6%	+$112K	﹤0.01%	3710
2024 Q4	$1.51M	Buy	12,800 +10,400	+433%	+$1.29M	﹤0.01%	3855
2024 Q3	$298K	Buy	+2,400	New	+$297K	﹤0.01%	5191
2024 Q1	–	Sell	-8,300	Closed	-$920K	–	6311
2023 Q4	$920K	Buy	+8,300	New	+$1.01M	﹤0.01%	4230
2021 Q2	–	Sell	-10,800	Closed	-$1.35M	–	6696
2021 Q1	$1.35M	Buy	+10,800	New	+$1.3M	﹤0.01%	3895
2017 Q2	–	Sell	-100,000	Closed	-$6.55M	–	3581
2017 Q1	$6.55M	Buy	+100,000	New	+$6.45M	0.01%	1285
2015 Q3	–	Sell	-60,000	Closed	-$2.86M	–	3542
2015 Q2	$2.86M	Buy	+60,000	New	+$3.04M	0.01%	1709
2014 Q3	–	Sell	-34,500	Closed	-$1.98M	–	3790
2014 Q2	$1.98M	Sell	34,500 -126,200	-79%	-$6.16M	0.01%	1789
2014 Q1	$7.37M	Buy	160,700 +56,900	+55%	+$2.73M	0.02%	992
2013 Q4	$4.23M	Buy	+103,800	New	+$4.36M	0.01%	1299

Other funds holding FNV

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

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

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

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 New York $59B AUM 32.99% 1-Year Est. Return

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

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 Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

Millennium Management's FNV Position: Q1 2026 in Review

Millennium Management increased its Franco-Nevada (FNV) stake by 71% in Q1 2026, buying an estimated $15.3M and bringing the position to 148,925 shares worth $36.8M. The position accounts for 0.02% of the portfolio, ranked #1067.

Millennium Management first reported a position in FNV in Q2 2013 and has held it in 39 quarters since. The position peaked at $114M in Q1 2025. 637 funds tracked by Wall St. Rank hold FNV as of Q1 2026.

Millennium Management held 148,925 shares of Franco-Nevada worth $36.8M as of Q1 2026.
Millennium Management bought 61,687 Franco-Nevada shares in Q1 2026, an estimated $15.3M.
Franco-Nevada made up 0.02% of Millennium Management's portfolio in Q1 2026, its #1067 holding.
Millennium Management first reported a position in Franco-Nevada in Q2 2013 and has held it in 39 quarters since.
Millennium Management's Franco-Nevada position peaked at $114M in Q1 2025.
637 funds tracked by Wall St. Rank held Franco-Nevada as of Q1 2026.

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