Shell Asset Management’s Franco-Nevada FNV Stock Holding History

Shell 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
2025 Q3	$1.82M	Sell	8,165 -10,026	-55%	-$1.81M	0.18%	117
2025 Q2	$2.98M	Buy	18,191 +2,268	+14%	+$375K	0.1%	195
2025 Q1	$2.5M	Sell	15,923 -354	-2%	-$49.5K	0.12%	168
2024 Q4	$1.91M	Sell	16,277 -200	-1%	-$24.7K	0.08%	211
2024 Q3	$2.05M	Buy	+16,477	New	+$2.04M	0.09%	203
2024 Q1	$2.03M	Sell	17,099 -5,416	-24%	-$596K	0.09%	188
2023 Q4	$2.51M	Sell	22,515 -4,514	-17%	-$549K	0.12%	185
2023 Q3	$3.63M	Sell	27,029 -407	-1%	-$57.5K	0.15%	140
2023 Q2	$3.92M	Sell	27,436 -1,662	-6%	-$249K	0.15%	139
2023 Q1	$4.24M	Buy	29,098 +5,500	+23%	+$767K	0.18%	127
2022 Q4	$3.21M	Sell	23,598 -3,477	-13%	-$459K	0.14%	156
2022 Q3	$3.25M	Sell	27,075 -5,249	-16%	-$660K	0.13%	172
2022 Q2	$4.24M	Sell	32,324 -8,391	-21%	-$1.24M	0.13%	178
2022 Q1	$6.49M	Sell	40,715 -2,067	-5%	-$298K	0.15%	143
2021 Q4	$5.92M	Sell	42,782 -20,331	-32%	-$2.81M	0.12%	170
2021 Q3	$8.2M	Sell	63,113 -41,810	-40%	-$6.13M	0.18%	126
2021 Q2	$15.2M	Sell	104,923 -9,596	-8%	-$1.39M	0.3%	74
2021 Q1	$14.3M	Sell	114,519 -9,323	-8%	-$1.12M	0.29%	78
2020 Q4	$15.5M	Buy	123,842 +6,871	+6%	+$927K	0.32%	58
2020 Q3	$16.3M	Sell	116,971 -1,370	-1%	-$204K	0.38%	50
2020 Q2	$16.5M	Sell	118,341 -7,600	-6%	-$1.01M	0.41%	49
2020 Q1	$12.4M	Sell	125,941 -3,556	-3%	-$386K	0.35%	64
2019 Q4	$13.4M	Buy	129,497 +830	+0.6%	+$80.2K	0.29%	71
2019 Q3	$11.7M	Sell	128,667 -23,612	-16%	-$2.17M	0.27%	85
2019 Q2	$13M	Sell	152,279 -7,274	-5%	-$549K	0.29%	79
2019 Q1	$12M	Buy	159,553 +7,000	+5%	+$520K	0.26%	94
2018 Q4	$10.7M	Buy	152,553 +2,600	+2%	+$174K	0.27%	99
2018 Q3	$9.37M	Sell	149,953 -2,425	-2%	-$166K	0.19%	139
2018 Q2	$11.1M	Sell	152,378 -11,500	-7%	-$815K	0.23%	110
2018 Q1	$11.2M	Buy	163,878 +100	+0.1%	+$7.32K	0.22%	125
2017 Q4	$13.1M	Buy	163,778 +1,300	+0.8%	+$104K	0.26%	98
2017 Q3	$15.7M	Sell	162,478 -1,681	-1%	-$129K	0.35%	68
2017 Q2	$15.4M	Buy	164,159 +11,700	+8%	+$828K	0.33%	74
2017 Q1	$13.3M	Buy	152,459 +13,513	+10%	+$871K	0.29%	92
2016 Q4	$11.2M	Sell	138,946 -78,111	-36%	-$4.77M	0.26%	97
2016 Q3	$19.9M	Sell	217,057 -9,933	-4%	-$744K	0.41%	55
2016 Q2	$22.3M	Buy	226,990 +33,391	+17%	+$2.26M	0.52%	48
2016 Q1	$15.4M	Sell	193,599 -1,727	-0.9%	-$92.7K	0.37%	70
2015 Q4	$12.4M	Sell	195,326 -126,099	-39%	-$6.11M	0.29%	83
2015 Q3	$17.7M	Buy	321,425 +92,744	+41%	+$3.99M	0.28%	75
2015 Q2	$13.6M	Sell	228,681 -31,369	-12%	-$1.59M	0.27%	89
2015 Q1	$16M	Sell	260,050 -42,900	-14%	-$2.23M	0.28%	92
2014 Q4	$17.3M	Sell	302,950 -18,475	-6%	-$938K	0.28%	86
2014 Q3	$17.7M	Buy	321,425 +10,000	+3%	+$556K	0.27%	76
2014 Q2	$19.1M	Buy	311,425 +13,175	+4%	+$643K	0.29%	69
2014 Q1	$15.2M	Buy	298,250 +86,400	+41%	+$4.14M	0.25%	83
2013 Q4	$9.17M	Buy	211,850 +1,812	+0.9%	+$76.1K	0.16%	137
2013 Q3	$9.81M	Buy	210,038 +710	+0.3%	+$30.2K	0.18%	133
2013 Q2	$7.88M	Buy	+209,328	New	+$8.43M	0.15%	157

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

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

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

Fidelity International Hamilton, Bermuda $129B AUM 30.83% 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

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

EIG

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

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

Shell Asset Management's FNV Position: Q3 2025 in Review

Shell Asset Management reduced its Franco-Nevada (FNV) stake by 55% in Q3 2025, selling an estimated $1.81M and leaving 8,165 shares worth $1.82M. The position accounts for 0.18% of the portfolio, ranked #117.

Shell Asset Management first reported a position in FNV in Q2 2013 and has held it in 49 quarters since. The position peaked at $22.3M in Q2 2016. 570 funds tracked by Wall St. Rank hold FNV as of Q3 2025.

Shell Asset Management held 8,165 shares of Franco-Nevada worth $1.82M as of Q3 2025.
Shell Asset Management sold 10,026 Franco-Nevada shares in Q3 2025, an estimated $1.81M.
Franco-Nevada made up 0.18% of Shell Asset Management's portfolio in Q3 2025, its #117 holding.
Shell Asset Management first reported a position in Franco-Nevada in Q2 2013 and has held it in 49 quarters since.
Shell Asset Management's Franco-Nevada position peaked at $22.3M in Q2 2016.
570 funds tracked by Wall St. Rank held Franco-Nevada as of Q3 2025.

Based on Shell Asset Management's 13F filing for Q3 2025, filed 7 Nov 2025.