Franco-Nevada
488 hedge funds and large institutions have $17B invested in Franco-Nevada in 2024 Q3 according to their latest regulatory filings, with 54 funds opening new positions, 162 increasing their positions, 173 reducing their positions, and 37 closing their positions.
46% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 37
29% more call options, than puts
Call options by funds: $206M | Put options by funds: $159M
8% more funds holding in top 10
Funds holding in top 10: 12 → 13 (+1)
6% more capital invested
Capital invested by funds: $16B → $17B (+$1.02B)
2% more funds holding
Funds holding: 477 → 488 (+11)
0.52% less ownership
Funds ownership: 71.09% → 70.58% (-0.52%)
6% less repeat investments, than reductions
Existing positions increased: 162 | Existing positions reduced: 173
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$154M |
| 2 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
+$69M |
| 3 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
+$66.5M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$54.7M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$52.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$289M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$79M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$48.6M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$39.7M |
| 5 |
MBI
Montrusco Bolton Investments
Montreal,
Quebec, Canada
|
-$35.1M |
FNV Hedge Fund Activity: Q3 2024 in Review
488 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Franco-Nevada (FNV) for Q3 2024, worth a combined $17B — up 6.4% from $16B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new FNV positions and 37 closed out — a net gain of 17 holders — while 162 added to existing stakes and 173 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $154M. The largest seller was Allspring Global Investments, cutting an estimated $289M.
- 488 institutional investors held Franco-Nevada (FNV) as of Q3 2024, up from 477 in Q2 2024.
- Funds reported $17B of Franco-Nevada stock for Q3 2024, up 6.4% quarter-over-quarter.
- 54 funds opened new Franco-Nevada positions in Q3 2024 and 37 closed out, a net change of +17 holders.
- The largest Franco-Nevada buyer in Q3 2024 was T. Rowe Price Associates, an estimated $154M added.
- The largest Franco-Nevada seller in Q3 2024 was Allspring Global Investments, an estimated $289M sold.
Based on aggregated 13F filings for Q3 2024.