Franco-Nevada
234 hedge funds and large institutions have $7.41B invested in Franco-Nevada in 2016 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 89 increasing their positions, 63 reducing their positions, and 20 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 3 → 12 (+9)
139% more call options, than puts
Call options by funds: $156M | Put options by funds: $65.1M
135% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 20
58% more capital invested
Capital invested by funds: $4.68B → $7.41B (+$2.72B)
41% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 63
13% more funds holding
Funds holding: 207 → 234 (+27)
1% more ownership
Funds ownership: 64.56% → 65.56% (+1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$320M |
| 2 |
VanEck Associates
New York
|
+$70.4M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$65.7M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$58.9M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$58.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$185M |
| 2 |
WBC
Westpac Banking Corp
Sydney,
Australia
|
-$49.5M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$41.8M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$40M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$25.5M |
FNV Hedge Fund Activity: Q1 2016 in Review
234 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Franco-Nevada (FNV) for Q1 2016, worth a combined $7.41B — up 58% from $4.68B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new FNV positions and 20 closed out — a net gain of 27 holders — while 89 added to existing stakes and 63 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $320M. The largest seller was T. Rowe Price Associates, cutting an estimated $185M.
- 234 institutional investors held Franco-Nevada (FNV) as of Q1 2016, up from 207 in Q4 2015.
- Funds reported $7.41B of Franco-Nevada stock for Q1 2016, up 58% quarter-over-quarter.
- 47 funds opened new Franco-Nevada positions in Q1 2016 and 20 closed out, a net change of +27 holders.
- The largest Franco-Nevada buyer in Q1 2016 was Fidelity Investments, an estimated $320M added.
- The largest Franco-Nevada seller in Q1 2016 was T. Rowe Price Associates, an estimated $185M sold.
Based on aggregated 13F filings for Q1 2016.