Franco-Nevada
285 hedge funds and large institutions have $9.37B invested in Franco-Nevada in 2017 Q4 according to their latest regulatory filings, with 44 funds opening new positions, 103 increasing their positions, 86 reducing their positions, and 17 closing their positions.
159% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 17
20% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 86
10% more funds holding
Funds holding: 260 → 285 (+25)
0% less capital invested
Capital invested by funds: $9.4B → $9.37B (-$25.3M)
0.7% less ownership
Funds ownership: 63.77% → 63.07% (-0.7%)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
26% less call options, than puts
Call options by funds: $121M | Put options by funds: $162M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$81.1M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$62.9M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$56.6M |
| 4 |
Renaissance Technologies
New York
|
+$42.6M |
| 5 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$39.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$104M |
| 2 |
First Eagle Investment Management
New York
|
-$88.3M |
| 3 |
VanEck Associates
New York
|
-$83.9M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$55.9M |
| 5 |
PP
Prudential plc
London, England,
United Kingdom
|
-$50.3M |
FNV Hedge Fund Activity: Q4 2017 in Review
285 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Franco-Nevada (FNV) for Q4 2017, worth a combined $9.37B — down 0.27% from $9.4B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new FNV positions and 17 closed out — a net gain of 27 holders — while 103 added to existing stakes and 86 trimmed.
The largest buyer was Citigroup, adding an estimated $81.1M. The largest seller was Bank of Montreal, cutting an estimated $104M.
- 285 institutional investors held Franco-Nevada (FNV) as of Q4 2017, up from 260 in Q3 2017.
- Funds reported $9.37B of Franco-Nevada stock for Q4 2017, down 0.27% quarter-over-quarter.
- 44 funds opened new Franco-Nevada positions in Q4 2017 and 17 closed out, a net change of +27 holders.
- The largest Franco-Nevada buyer in Q4 2017 was Citigroup, an estimated $81.1M added.
- The largest Franco-Nevada seller in Q4 2017 was Bank of Montreal, an estimated $104M sold.
Based on aggregated 13F filings for Q4 2017.