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Franco-Nevada

276 hedge funds and large institutions have $8.12B invested in Franco-Nevada in 2018 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 96 increasing their positions, 91 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

8% more call options, than puts

Call options by funds: $83.7M | Put options by funds: $77.2M

5% more repeat investments, than reductions

Existing positions increased: 96 | Existing positions reduced: 91

0.91% more ownership

Funds ownership: 63.07%63.98% (+0.91%)

3% less funds holding

Funds holding: 285276 (-9)

13% less capital invested

Capital invested by funds: $9.37B → $8.12B (-$1.25B)

18% less first-time investments, than exits

New positions opened: 33 | Existing positions closed: 40

25% less funds holding in top 10

Funds holding in top 10: 86 (-2)

Holders
276
Holders Change
-9
Holders Change %
-3.16%
% of All Funds
6.33%
Holding in Top 10
6
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-25%
% of All Funds
0.14%
New
33
Increased
96
Reduced
91
Closed
40
Calls
$83.7M
Puts
$77.2M
Net Calls
+$6.43M
Net Calls Change
+$48.2M
Name Holding Trade Value Shares
Change
Change in
Stake
APG Asset Management
26
APG Asset Management
Netherlands
$63.9M -$17.2M -234,700 -17%
Legal & General Group
27
Legal & General Group
United Kingdom
$58.8M -$2.19M -29,938 -3%
CS
28
Credit Suisse
Switzerland
$57.9M -$3.6M -49,189 -5%
TAM
29
Troy Asset Management
United Kingdom
$54.5M
UBS AM
30
UBS AM
Illinois
$54.2M +$7.49M +102,395 +15%
Fidelity International
31
Fidelity International
Bermuda
$53.5M +$9.27M +126,683 +19%
JP Morgan Chase
32
JP Morgan Chase
New York
$49.5M -$28.2M -384,743 -35%
AQR Capital Management
33
AQR Capital Management
Connecticut
$49M +$4.76M +64,966 +10%
Massachusetts Financial Services
34
Massachusetts Financial Services
Massachusetts
$49M -$361K -4,935 -0.7%
Morgan Stanley
35
Morgan Stanley
New York
$48.7M -$4.66M -63,689 -8%
HK
36
Horizon Kinetics
New York
$47.7M +$588K +8,031 +1%
Sumitomo Mitsui Trust Group
37
Sumitomo Mitsui Trust Group
Japan
$47.5M +$269K +3,674 +0.5%
Janus Henderson Group
38
Janus Henderson Group
United Kingdom
$45.9M +$49.3M +673,410 New
AIMCA
39
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$42M -$3.88M -53,000 -10%
GCC
40
Guardian Capital (Canada)
Ontario, Canada
$41.9M -$620K -8,468 -1%
O
41
OppenheimerFunds
New York
$40.8M +$22.8M +311,178 +109%
Bank of Nova Scotia
42
Bank of Nova Scotia
Ontario, Canada
$38.9M -$2.21M -30,183 -5%
GF
43
Gabelli Funds
New York
$34.7M
CBOA
44
Commonwealth Bank of Australia
Australia
$32.5M -$10.9M -149,371 -24%
AAMU
45
Amundi Asset Management US
Massachusetts
$30.8M -$3.36M -45,958 -9%
T
46
TOBAM
France
$29.9M +$3.88M +53,000 +14%
RA
47
Royce & Associates
New York
$29.7M -$952K -13,000 -3%
American Century Companies
48
American Century Companies
Missouri
$27M -$8.57M -117,050 -23%
CGI
49
CI Global Investments
California
$26.2M -$17.1M -233,729 -38%
AII
50
AGF Investments Inc
Ontario, Canada
$25.9M -$14M -191,777 -34%

FNV Hedge Fund Activity: Q1 2018 in Review

276 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Franco-Nevada (FNV) for Q1 2018, worth a combined $8.12B — down 13% from $9.37B a quarter earlier.

Sellers outnumbered buyers: 40 funds closed out of FNV and 33 opened new positions — a net loss of 7 holders — while 91 trimmed existing stakes and 96 added.

The largest buyer was VanEck Associates, adding an estimated $165M. The largest seller was Citigroup, cutting an estimated $76M.

  • 276 institutional investors held Franco-Nevada (FNV) as of Q1 2018, down from 285 in Q4 2017.
  • Funds reported $8.12B of Franco-Nevada stock for Q1 2018, down 13% quarter-over-quarter.
  • 33 funds opened new Franco-Nevada positions in Q1 2018 and 40 closed out, a net change of -7 holders.
  • The largest Franco-Nevada buyer in Q1 2018 was VanEck Associates, an estimated $165M added.
  • The largest Franco-Nevada seller in Q1 2018 was Citigroup, an estimated $76M sold.

Based on aggregated 13F filings for Q1 2018.