Franco-Nevada
499 hedge funds and large institutions have $17.7B invested in Franco-Nevada in 2021 Q4 according to their latest regulatory filings, with 84 funds opening new positions, 148 increasing their positions, 164 reducing their positions, and 28 closing their positions.
200% more first-time investments, than exits
New positions opened: 84 | Existing positions closed: 28
13% more funds holding in top 10
Funds holding in top 10: 15 → 17 (+2)
11% more funds holding
Funds holding: 448 → 499 (+51)
4% more capital invested
Capital invested by funds: $17B → $17.7B (+$722M)
0.55% less ownership
Funds ownership: 69.03% → 68.47% (-0.55%)
1% less call options, than puts
Call options by funds: $286M | Put options by funds: $289M
10% less repeat investments, than reductions
Existing positions increased: 148 | Existing positions reduced: 164
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$101M |
| 2 |
VanEck Associates
New York
|
+$78.3M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$75.9M |
| 4 |
Millennium Management
New York
|
+$54.6M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$46.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$195M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$143M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$108M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$62.5M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$57.1M |
FNV Hedge Fund Activity: Q4 2021 in Review
499 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Franco-Nevada (FNV) for Q4 2021, worth a combined $17.7B — up 4.2% from $17B a quarter earlier.
Buyers outnumbered sellers: 84 funds opened new FNV positions and 28 closed out — a net gain of 56 holders — while 148 added to existing stakes and 164 trimmed.
The largest buyer was CIBC Asset Management, adding an estimated $101M. The largest seller was Bank of Montreal, cutting an estimated $195M.
- 499 institutional investors held Franco-Nevada (FNV) as of Q4 2021, up from 448 in Q3 2021.
- Funds reported $17.7B of Franco-Nevada stock for Q4 2021, up 4.2% quarter-over-quarter.
- 84 funds opened new Franco-Nevada positions in Q4 2021 and 28 closed out, a net change of +56 holders.
- The largest Franco-Nevada buyer in Q4 2021 was CIBC Asset Management, an estimated $101M added.
- The largest Franco-Nevada seller in Q4 2021 was Bank of Montreal, an estimated $195M sold.
Based on aggregated 13F filings for Q4 2021.