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Franco-Nevada

489 hedge funds and large institutions have $17.9B invested in Franco-Nevada in 2022 Q4 according to their latest regulatory filings, with 67 funds opening new positions, 160 increasing their positions, 173 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

52% more first-time investments, than exits

New positions opened: 67 | Existing positions closed: 44

22% more capital invested

Capital invested by funds: $14.6B → $17.9B (+$3.29B)

22% more call options, than puts

Call options by funds: $254M | Put options by funds: $208M

3% more funds holding

Funds holding: 473489 (+16)

0.05% more ownership

Funds ownership: 68.25%68.3% (+0.05%)

0% more funds holding in top 10

Funds holding in top 10: 2222 (0)

8% less repeat investments, than reductions

Existing positions increased: 160 | Existing positions reduced: 173

Holders
489
Holders Change
+16
Holders Change %
+3.38%
% of All Funds
7.86%
Holding in Top 10
22
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.35%
New
67
Increased
160
Reduced
173
Closed
44
Calls
$254M
Puts
$208M
Net Calls
+$45.3M
Net Calls Change
-$18.3M
Name Holding Trade Value Shares
Change
Change in
Stake
JP Morgan Chase
26
JP Morgan Chase
New York
$191M -$27.4M -207,862 -13%
TD Asset Management
27
TD Asset Management
Ontario, Canada
$190M +$723K +5,473 +0.4%
Principal Financial Group
28
Principal Financial Group
Iowa
$181M +$8.27M +62,609 +5%
Neuberger Berman Group
29
Neuberger Berman Group
New York
$170M +$127M +964,460 +346%
HKAM
30
Horizon Kinetics Asset Management
New York
$147M -$644K -4,876 -0.5%
1832 Asset Management
31
1832 Asset Management
Ontario, Canada
$142M -$9.39M -71,081 -6%
Legal & General Group
32
Legal & General Group
United Kingdom
$138M -$16.8M -127,560 -11%
Morgan Stanley
33
Morgan Stanley
New York
$135M +$20M +151,211 +18%
Fiera Capital (Canada)
34
Fiera Capital (Canada)
Quebec, Canada
$128M +$251K +1,898 +0.2%
Toronto Dominion Bank
35
Toronto Dominion Bank
Ontario, Canada
$110M +$2.21M +16,760 +2%
Swiss National Bank
36
Swiss National Bank
Switzerland
$110M -$6.98M -52,892 -6%
BGC
37
Beutel, Goodman & Co
Ontario, Canada
$110M -$1.1M -8,330 -1%
BCIM
38
British Columbia Investment Management
British Columbia, Canada
$108M +$26.3M +199,183 +33%
Deutsche Bank
39
Deutsche Bank
Germany
$99M -$1.07M -8,078 -1%
Chevy Chase Trust
40
Chevy Chase Trust
Maryland
$95.3M -$2.95M -22,322 -3%
AIMCA
41
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$88.6M -$9.6M -72,713 -10%
Sumitomo Mitsui Trust Group
42
Sumitomo Mitsui Trust Group
Japan
$86.9M -$538K -4,078 -0.6%
QC
43
Quadrature Capital
United Kingdom
$86.5M +$43.8M +331,600 +109%
BlackRock
44
BlackRock
New York
$85.6M +$23.5K +178 +0%
MIM
45
Meridiem Investment Management
United Kingdom
$84.9M +$1.81M +13,703 +2%
Caisse de Depot et Placement du Quebec (CDPQ)
46
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$84.1M -$8.98M -67,985 -10%
Geode Capital Management
47
Geode Capital Management
Massachusetts
$83.7M -$610K -4,621 -0.8%
CS
48
Credit Suisse
Switzerland
$76.9M +$1.13M +8,544 +2%
EPFB
49
Employees Provident Fund Board
Malaysia
$71.8M +$6.63M +50,202 +11%
Two Sigma Investments
50
Two Sigma Investments
New York
$68.3M -$18.9M -143,091 -22%

FNV Hedge Fund Activity: Q4 2022 in Review

489 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Franco-Nevada (FNV) for Q4 2022, worth a combined $17.9B — up 22% from $14.6B a quarter earlier.

Buyers outnumbered sellers: 67 funds opened new FNV positions and 44 closed out — a net gain of 23 holders — while 160 added to existing stakes and 173 trimmed.

The largest buyer was National Bank of Canada, adding an estimated $177M. The largest seller was Bank of Montreal, cutting an estimated $284M.

  • 489 institutional investors held Franco-Nevada (FNV) as of Q4 2022, up from 473 in Q3 2022.
  • Funds reported $17.9B of Franco-Nevada stock for Q4 2022, up 22% quarter-over-quarter.
  • 67 funds opened new Franco-Nevada positions in Q4 2022 and 44 closed out, a net change of +23 holders.
  • The largest Franco-Nevada buyer in Q4 2022 was National Bank of Canada, an estimated $177M added.
  • The largest Franco-Nevada seller in Q4 2022 was Bank of Montreal, an estimated $284M sold.

Based on aggregated 13F filings for Q4 2022.