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Franco-Nevada

244 hedge funds and large institutions have $8.32B invested in Franco-Nevada in 2016 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 68 increasing their positions, 102 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

47% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 19

29% more call options, than puts

Call options by funds: $98.9M | Put options by funds: $76.5M

3% more funds holding

Funds holding: 237244 (+7)

1.3% less ownership

Funds ownership: 66.53%65.23% (-1.3%)

8% less capital invested

Capital invested by funds: $9.04B → $8.32B (-$718M)

27% less funds holding in top 10

Funds holding in top 10: 118 (-3)

33% less repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 102

Holders
244
Holders Change
+7
Holders Change %
+2.95%
% of All Funds
6.51%
Holding in Top 10
8
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-27.27%
% of All Funds
0.21%
New
28
Increased
68
Reduced
102
Closed
19
Calls
$98.9M
Puts
$76.5M
Net Calls
+$22.4M
Net Calls Change
+$64M
Name Holding Trade Value Shares
Change
Change in
Stake
BCM
51
Barometer Capital Management
Ontario, Canada
$24.3M -$14.4M -192,125 -36%
Citadel Advisors
52
Citadel Advisors
Florida
$24.1M +$18.5M +247,240 +253%
Morgan Stanley
53
Morgan Stanley
New York
$21M -$3.69M -49,275 -14%
Ninety One (UK)
54
Ninety One (UK)
United Kingdom
$20.7M +$11.5M +154,148 +108%
Capital World Investors
55
Capital World Investors
California
$20M +$65.9K +880 +0.3%
SAM
56
Shell Asset Management
Netherlands
$19.9M -$744K -9,933 -4%
Goldman Sachs
57
Goldman Sachs
New York
$19.4M -$3.59M -47,913 -15%
O
58
OppenheimerFunds
New York
$19.2M +$347K +4,633 +2%
Renaissance Technologies
59
Renaissance Technologies
New York
$18.6M +$2.05M +27,300 +11%
CC
60
Cannell & Co
New York
$18.3M
AT
61
AMF Tjänstepension
Sweden
$18.2M -$270K -3,610 -1%
AAF
62
Andra AP-fonden
Sweden
$17.4M -$1.08M -14,400 -7%
CGI
63
CI Global Investments
California
$17.3M -$3.72M -49,695 -17%
SBH
64
Segall Bryant & Hamill
Illinois
$15.9M -$78K -1,041 -0.5%
Fidelity International
65
Fidelity International
Bermuda
$15.8M -$558K -7,448 -3%
EIG
66
EdgePoint Investment Group
Ontario, Canada
$15.7M -$150K -2,000 -0.9%
Bank of New York Mellon
67
Bank of New York Mellon
New York
$15.5M -$8.03M -107,175 -33%
State of Tennessee, Department of Treasury
68
State of Tennessee, Department of Treasury
Tennessee
$15M -$3.06M -40,808 -16%
IIM
69
Intact Investment Management
Quebec, Canada
$14.7M +$12M +160,100 New
AC
70
Addenda Capital
Quebec, Canada
$13.9M
American Century Companies
71
American Century Companies
Missouri
$13.5M -$8.92M -119,000 -38%
AFIA
72
America First Investment Advisors
Nebraska
$12.2M +$206K +2,750 +2%
ACI
73
AMP Capital Investors
Australia
$12.2M +$1.33M +17,756 +12%
State of Wisconsin Investment Board
74
State of Wisconsin Investment Board
Wisconsin
$11.2M -$76.5K -1,021 -0.6%
AGPM
75
ASA Gold & Precious Metals
Maine
$11.2M

FNV Hedge Fund Activity: Q3 2016 in Review

244 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Franco-Nevada (FNV) for Q3 2016, worth a combined $8.32B — down 7.9% from $9.04B a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new FNV positions and 19 closed out — a net gain of 9 holders — while 68 added to existing stakes and 102 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $83.2M. The largest seller was Fiera Capital (Canada), cutting an estimated $68.5M.

  • 244 institutional investors held Franco-Nevada (FNV) as of Q3 2016, up from 237 in Q2 2016.
  • Funds reported $8.32B of Franco-Nevada stock for Q3 2016, down 7.9% quarter-over-quarter.
  • 28 funds opened new Franco-Nevada positions in Q3 2016 and 19 closed out, a net change of +9 holders.
  • The largest Franco-Nevada buyer in Q3 2016 was Fidelity Investments, an estimated $83.2M added.
  • The largest Franco-Nevada seller in Q3 2016 was Fiera Capital (Canada), an estimated $68.5M sold.

Based on aggregated 13F filings for Q3 2016.