Franco-Nevada
237 hedge funds and large institutions have $9.04B invested in Franco-Nevada in 2016 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 93 increasing their positions, 74 reducing their positions, and 28 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 74
22% more capital invested
Capital invested by funds: $7.41B → $9.04B (+$1.63B)
21% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 28
1% more funds holding
Funds holding: 234 → 237 (+3)
0.97% more ownership
Funds ownership: 65.56% → 66.53% (+0.97%)
8% less funds holding in top 10
Funds holding in top 10: 12 → 11 (-1)
28% less call options, than puts
Call options by funds: $107M | Put options by funds: $149M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$105M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$88.8M |
| 3 |
TAM
Tocqueville Asset Management
New York
|
+$78.7M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$65.2M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$30M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$44.8M |
| 2 |
Renaissance Technologies
New York
|
-$38.3M |
| 3 |
CGI
CI Global Investments
Oakland,
California
|
-$36.8M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$30M |
| 5 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$28.3M |
FNV Hedge Fund Activity: Q2 2016 in Review
237 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Franco-Nevada (FNV) for Q2 2016, worth a combined $9.04B — up 22% from $7.41B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new FNV positions and 28 closed out — a net gain of 6 holders — while 93 added to existing stakes and 74 trimmed.
The largest buyer was VanEck Associates, adding an estimated $105M. The largest seller was Norges Bank, cutting an estimated $44.8M.
- 237 institutional investors held Franco-Nevada (FNV) as of Q2 2016, up from 234 in Q1 2016.
- Funds reported $9.04B of Franco-Nevada stock for Q2 2016, up 22% quarter-over-quarter.
- 34 funds opened new Franco-Nevada positions in Q2 2016 and 28 closed out, a net change of +6 holders.
- The largest Franco-Nevada buyer in Q2 2016 was VanEck Associates, an estimated $105M added.
- The largest Franco-Nevada seller in Q2 2016 was Norges Bank, an estimated $44.8M sold.
Based on aggregated 13F filings for Q2 2016.