Norges Bank’s Franco-Nevada FNV Stock Holding History

Norges Bank’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	–	Sell	-2,791,151	Closed	-$579M	–	521
2025 Q4	$579M	Buy	+2,791,151	New	+$566M	0.06%	268
2025 Q3	–	Sell	-2,801,365	Closed	-$460M	–	585
2025 Q2	$460M	Buy	2,801,365 +633,672	+29%	+$105M	0.06%	294
2025 Q1	$341M	Buy	2,167,693 +142,828	+7%	+$20M	0.05%	333
2024 Q4	$238M	Buy	2,024,865 +13,042	+0.6%	+$1.61M	0.03%	425
2024 Q3	$250M	Sell	2,011,823 -26,574	-1%	-$3.29M	0.03%	413
2024 Q2	$242M	Buy	2,038,397 +6,460	+0.3%	+$785K	0.04%	398
2024 Q1	$242M	Buy	2,031,937 +33,653	+2%	+$3.7M	0.04%	399
2023 Q4	$221M	Buy	1,998,284 +818	+0%	+$99.5K	0.04%	389
2023 Q3	$267M	Buy	1,997,466 +25,032	+1%	+$3.54M	0.05%	316
2023 Q2	$281M	Buy	1,972,434 +341,975	+21%	+$51.3M	0.06%	311
2023 Q1	$238M	Buy	1,630,459 +21,165	+1%	+$2.95M	0.05%	335
2022 Q4	$219M	Buy	1,609,294 +242,871	+18%	+$32.1M	0.05%	333
2022 Q3	$163M	Buy	1,366,423 +220,712	+19%	+$27.7M	0.04%	376
2022 Q2	$151M	Buy	1,145,711 +92,549	+9%	+$13.7M	0.04%	405
2022 Q1	$168M	Buy	1,053,162 +15,925	+2%	+$2.29M	0.04%	430
2021 Q4	$144M	Sell	1,037,237 -34,388	-3%	-$4.75M	0.03%	506
2021 Q3	$139M	Sell	1,071,625 -48,196	-4%	-$7.06M	0.03%	510
2021 Q2	$162M	Sell	1,119,821 -182,328	-14%	-$26.4M	0.04%	477
2021 Q1	$163M	Buy	1,302,149 +66,421	+5%	+$8M	0.04%	451
2020 Q4	$155M	Sell	1,235,728 -108,344	-8%	-$14.6M	0.04%	442
2020 Q3	$250M	Buy	1,344,072 +23,095	+2%	+$3.43M	0.07%	269
2020 Q2	$251M	Sell	1,320,977 -737,525	-36%	-$98M	0.07%	249
2020 Q1	$289M	Sell	2,058,502 -33,764	-2%	-$3.67M	0.1%	185
2019 Q4	$281M	Sell	2,092,266 -158,478	-7%	-$15.3M	0.08%	235
2019 Q3	$205M	Sell	2,250,744 -88,833	-4%	-$8.15M	0.06%	291
2019 Q2	$199M	Buy	2,339,577 +171,238	+8%	+$12.9M	0.06%	299
2019 Q1	$163M	Sell	2,168,339 -621,495	-22%	-$46.1M	0.05%	338
2018 Q4	$196M	Sell	2,789,834 -353,460	-11%	-$23.6M	0.07%	258
2018 Q3	$196M	Sell	3,143,294 -316,558	-9%	-$21.6M	0.06%	287
2018 Q2	$252M	Sell	3,459,852 -742,610	-18%	-$52.6M	0.09%	229
2018 Q1	$287M	Buy	4,202,462 +25,449	+0.6%	+$1.86M	0.1%	193
2017 Q4	$335M	Buy	4,177,013 +267,664	+7%	+$21.5M	0.12%	172
2017 Q3	$302M	Buy	3,909,349 +240,232	+7%	+$18.5M	0.11%	177
2017 Q2	$264M	Buy	3,669,117 +676	+0%	+$47.8K	0.1%	209
2017 Q1	$240M	Buy	3,668,441 +28,511	+0.8%	+$1.84M	0.1%	211
2016 Q4	$218M	Buy	3,639,930 +28,990	+0.8%	+$1.77M	0.1%	216
2016 Q3	$241M	Buy	3,610,940 +30,887	+0.9%	+$2.31M	0.11%	179
2016 Q2	$271M	Sell	3,580,053 -662,632	-16%	-$44.8M	0.13%	161
2016 Q1	$262M	Sell	4,242,685 -779,418	-16%	-$41.8M	0.13%	153
2015 Q4	$229M	Sell	5,022,103 -245,737	-5%	-$11.9M	0.11%	163
2015 Q3	$231M	Buy	5,267,840 +23,349	+0.4%	+$1.01M	0.12%	164
2015 Q2	$250M	Buy	5,244,491 +180,101	+4%	+$9.13M	0.13%	160
2015 Q1	$245M	Buy	5,064,390 +35,268	+0.7%	+$1.83M	0.12%	168
2014 Q4	$248M	Buy	5,029,122 +1,158,497	+30%	+$58.8M	0.13%	152
2014 Q3	$190M	Sell	3,870,625 -3,838,957	-50%	-$213M	0.1%	194
2014 Q2	$443M	Buy	7,709,582 +4,692,143	+156%	+$229M	0.12%	172
2014 Q1	$139M	Buy	3,017,439 +7,686	+0.3%	+$369K	0.08%	239
2013 Q4	$123M	Buy	3,009,753 +597,932	+25%	+$25.1M	0.07%	267
2013 Q3	$110M	Buy	2,411,821 +1,199,736	+99%	+$51M	0.06%	300
2013 Q2	$43.3M	Buy	+1,212,085	New	+$48.8M	0.03%	580