Orbis Allan Gray’s Franco-Nevada FNV Stock Holding History

Orbis Allan Gray’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 Q2	$269M	Buy	1,290,361 +210,922	+20%	+$49.2M	0.92%	38
2026 Q1	$267M	Sell	1,079,439 -329,750	-23%	-$81.6M	1.12%	34
2025 Q4	$292M	Sell	1,409,189 -9,178	-0.6%	-$1.86M	1.22%	33
2025 Q3	$316M	Buy	1,418,367 +6,270	+0.4%	+$1.13M	1.36%	30
2025 Q2	$231M	Sell	1,412,097 -506,855	-26%	-$83.9M	1.13%	30
2025 Q1	$302M	Sell	1,918,952 -21,573	-1%	-$3.02M	1.73%	23
2024 Q4	$228M	Buy	1,940,525 +855,943	+79%	+$106M	1.23%	29
2024 Q3	$135M	Sell	1,084,582 -3,511	-0.3%	-$435K	0.71%	34
2024 Q2	$129M	Buy	1,088,093 +287,169	+36%	+$34.9M	0.8%	36
2024 Q1	$95.4M	Buy	+800,924	New	+$88.2M	0.57%	38

Other funds holding FNV

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

Massachusetts Financial Services Boston, Massachusetts $315B AUM 27.84% 1-Year Est. Return

VanEck Associates New York $164B AUM 112.45% 1-Year Est. Return

Fidelity International Hamilton, Bermuda $139B AUM 29.06% 1-Year Est. Return

Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM

Bank of Montreal Toronto, Ontario, Canada $304B AUM 35.64% 1-Year Est. Return

First Eagle Investment Management New York $60.8B AUM 26.63% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $672B AUM 33.48% 1-Year Est. Return

Capital World Investors Los Angeles, California $846B AUM 46.74% 1-Year Est. Return

EIG

EdgePoint Investment Group Toronto, Ontario, Canada $13.2B AUM 32.43% 1-Year Est. Return

Orbis Allan Gray's FNV Position: Q2 2026 in Review

Orbis Allan Gray increased its Franco-Nevada (FNV) stake by 20% in Q2 2026, buying an estimated $49.2M and bringing the position to 1,290,361 shares worth $269M. The position accounts for 0.92% of the portfolio, ranked #38.

Orbis Allan Gray first reported a position in FNV in Q1 2024 and has held it in 10 quarters since. The position peaked at $316M in Q3 2025. 661 funds tracked by Wall St. Rank hold FNV as of Q2 2026.

Orbis Allan Gray held 1,290,361 shares of Franco-Nevada worth $269M as of Q2 2026.
Orbis Allan Gray bought 210,922 Franco-Nevada shares in Q2 2026, an estimated $49.2M.
Franco-Nevada made up 0.92% of Orbis Allan Gray's portfolio in Q2 2026, its #38 holding.
Orbis Allan Gray first reported a position in Franco-Nevada in Q1 2024 and has held it in 10 quarters since.
Orbis Allan Gray's Franco-Nevada position peaked at $316M in Q3 2025.
661 funds tracked by Wall St. Rank held Franco-Nevada as of Q2 2026.

Based on Orbis Allan Gray's 13F filing for Q2 2026, filed 14 Aug 2026.