Franco-Nevada
369 hedge funds and large institutions have $13B invested in Franco-Nevada in 2020 Q1 according to their latest regulatory filings, with 63 funds opening new positions, 121 increasing their positions, 131 reducing their positions, and 42 closing their positions.
50% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 42
11% more funds holding in top 10
Funds holding in top 10: 19 → 21 (+2)
4% more funds holding
Funds holding: 354 → 369 (+15)
2.1% more ownership
Funds ownership: 66.9% → 69% (+2.1%)
3% more call options, than puts
Call options by funds: $150M | Put options by funds: $145M
1% less capital invested
Capital invested by funds: $13.1B → $13B (-$117M)
8% less repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 131
Top Buyers
Top Sellers
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$117M |
| 2 |
Ninety One (UK)
London,
United Kingdom
|
-$93.5M |
| 3 |
TAM
Tocqueville Asset Management
New York
|
-$89.7M |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$88.8M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$81.9M |
FNV Hedge Fund Activity: Q1 2020 in Review
369 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Franco-Nevada (FNV) for Q1 2020, worth a combined $13B — down 0.89% from $13.1B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new FNV positions and 42 closed out — a net gain of 21 holders — while 121 added to existing stakes and 131 trimmed.
The largest buyer was Capital World Investors, adding an estimated $332M. The largest seller was Fidelity International, cutting an estimated $117M.
- 369 institutional investors held Franco-Nevada (FNV) as of Q1 2020, up from 354 in Q4 2019.
- Funds reported $13B of Franco-Nevada stock for Q1 2020, down 0.89% quarter-over-quarter.
- 63 funds opened new Franco-Nevada positions in Q1 2020 and 42 closed out, a net change of +21 holders.
- The largest Franco-Nevada buyer in Q1 2020 was Capital World Investors, an estimated $332M added.
- The largest Franco-Nevada seller in Q1 2020 was Fidelity International, an estimated $117M sold.
Based on aggregated 13F filings for Q1 2020.