We are live on ! Find out more
FNV icon

Franco-Nevada
FNV

260 hedge funds and large institutions have $9.4B invested in Franco-Nevada in 2017 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 92 increasing their positions, 84 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

169% more first-time investments, than exits

New positions opened: 35 | Existing positions closed: 13

67% more call options, than puts

Call options by funds: $85.8M | Put options by funds: $51.5M

10% more capital invested

Capital invested by funds: $8.55B → $9.4B (+$845M)

7% more funds holding

Funds holding: 242 → 260 (+18)

10% more repeat investments, than reductions

Existing positions increased: 92 | Existing positions reduced: 84

0.22% more ownership

Funds ownership: 63.55% → 63.77% (+0.22%)

0% more funds holding in top 10

Funds holding in top 10: 9 → 9 (0)

Holders
260
Holders Change
+18
Holders Change %
+7.44%
% of All Funds
6.48%
Holding in Top 10
9
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.22%
New
35
Increased
92
Reduced
84
Closed
13
Calls
$85.8M
Puts
$51.5M
Net Calls
+$34.3M
Net Calls Change
+$9.89M

Top Buyers

Rank Fund Capital Flow
1
1832 Asset Management
1832 Asset Management
Ontario, Canada
+$157M
2
Fidelity Investments
Fidelity Investments
Massachusetts
+$102M
3
TAM
Troy Asset Management
United Kingdom
+$61.2M
4
Renaissance Technologies
Renaissance Technologies
New York
+$56.6M
5
T. Rowe Price Associates
T. Rowe Price Associates
Maryland
+$30.7M

Top Sellers

Rank Fund Capital Flow
1
VanEck Associates
VanEck Associates
New York
-$55.1M
2
PP
Prudential plc
United Kingdom
-$40.5M
3
First Eagle Investment Management
First Eagle Investment Management
New York
-$36.3M
4
Toronto Dominion Bank
Toronto Dominion Bank
Ontario, Canada
-$31.1M
5
CGI
CI Global Investments
California
-$25.6M
Name Holding Trade Value Shares
Change 		Change in
Stake
CGI
26
CI Global Investments
California
$90.6M -$25.6M -332,653 -22%
Toronto Dominion Bank
27
Toronto Dominion Bank
Ontario, Canada
$87.4M -$31.1M -405,225 -26%
Manulife (Manufacturers Life Insurance)
28
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$82.2M -$2.38M -30,996 -3%
JP Morgan Chase
29
JP Morgan Chase
New York
$74.4M +$1.1M +14,357 +2%
Legal & General Group
30
Legal & General Group
United Kingdom
$66.3M +$1.84M +23,953 +3%
CBOA
31
Commonwealth Bank of Australia
Australia
$61.9M -$1.19M -15,468 -2%
TAM
32
Troy Asset Management
United Kingdom
$61.7M +$61.2M +796,521 New
CS
33
Credit Suisse
Switzerland
$60M -$3.25M -42,316 -5%
GCC
34
Guardian Capital (Canada)
Ontario, Canada
$56.8M -$202K -2,631 -0.4%
HK
35
Horizon Kinetics
New York
$53.7M +$1.07M +13,928 +2%
UBS AM
36
UBS AM
Illinois
$52.4M +$989K +12,879 +2%
Massachusetts Financial Services
37
Massachusetts Financial Services
Massachusetts
$51.1M +$17.8M +231,649 +54%
Sumitomo Mitsui Trust Group
38
Sumitomo Mitsui Trust Group
Japan
$49.3M +$3.55M +46,150 +8%
Morgan Stanley
39
Morgan Stanley
New York
$44.9M +$14.1M +183,981 +47%
AIMCA
40
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$42.1M -$12.8M -167,200 -28%
GF
41
Gabelli Funds
New York
$39.5M +$2.05M +26,700 +6%
T
42
TOBAM
France
$38.5M -$2.19M -28,500 -5%
RA
43
Royce & Associates
New York
$37.5M -$3.14M -40,837 -8%
AII
44
AGF Investments Inc
Ontario, Canada
$37M -$3.5M -45,505 -9%
AQR Capital Management
45
AQR Capital Management
Connecticut
$36.7M -$200K -2,600 -0.5%
American Century Companies
46
American Century Companies
Missouri
$34.3M +$11.3M +146,586 +50%
Russell Investments Group
47
Russell Investments Group
United Kingdom
$33.7M +$8.65M +112,604 +35%
Fidelity International
48
Fidelity International
Bermuda
$32.6M +$3.85M +50,087 +14%
O
49
OppenheimerFunds
New York
$31M -$22.3M -290,320 -42%
Bank of Nova Scotia
50
Bank of Nova Scotia
Ontario, Canada
$29.3M -$7.89M -102,644 -21%
1
2
3 4 5

FNV Hedge Fund Activity: Q3 2017 in Review

260 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Franco-Nevada (FNV) for Q3 2017, worth a combined $9.4B — up 9.9% from $8.55B a quarter earlier.

Buyers outnumbered sellers: 35 funds opened new FNV positions and 13 closed out — a net gain of 22 holders — while 92 added to existing stakes and 84 trimmed.

The largest buyer was 1832 Asset Management, adding an estimated $157M. The largest seller was VanEck Associates, cutting an estimated $55.1M.

  • 260 institutional investors held Franco-Nevada (FNV) as of Q3 2017, up from 242 in Q2 2017.
  • Funds reported $9.4B of Franco-Nevada stock for Q3 2017, up 9.9% quarter-over-quarter.
  • 35 funds opened new Franco-Nevada positions in Q3 2017 and 13 closed out, a net change of +22 holders.
  • The largest Franco-Nevada buyer in Q3 2017 was 1832 Asset Management, an estimated $157M added.
  • The largest Franco-Nevada seller in Q3 2017 was VanEck Associates, an estimated $55.1M sold.

Based on aggregated 13F filings for Q3 2017.