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Franco-Nevada

513 hedge funds and large institutions have $20.3B invested in Franco-Nevada in 2022 Q1 according to their latest regulatory filings, with 70 funds opening new positions, 196 increasing their positions, 135 reducing their positions, and 49 closing their positions.

New
Increased
Maintained
Reduced
Closed

105% more call options, than puts

Call options by funds: $253M | Put options by funds: $123M

45% more repeat investments, than reductions

Existing positions increased: 196 | Existing positions reduced: 135

43% more first-time investments, than exits

New positions opened: 70 | Existing positions closed: 49

29% more funds holding in top 10

Funds holding in top 10: 1722 (+5)

14% more capital invested

Capital invested by funds: $17.7B → $20.3B (+$2.55B)

3% more funds holding

Funds holding: 499513 (+14)

1.16% less ownership

Funds ownership: 68.47%67.31% (-1.2%)

Holders
513
Holders Change
+14
Holders Change %
+2.81%
% of All Funds
8.09%
Holding in Top 10
22
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+29.41%
% of All Funds
0.35%
New
70
Increased
196
Reduced
135
Closed
49
Calls
$253M
Puts
$123M
Net Calls
+$130M
Net Calls Change
+$132M
Name Holding Trade Value Shares
Change
Change in
Stake
WCA
76
Waratah Capital Advisors
Ontario, Canada
$32.8M -$14M -97,405 -32%
DPRC
77
Deer Park Road Corp
Colorado
$31.9M
CI Investments Inc
78
CI Investments Inc
Ontario, Canada
$31.2M +$10.4M +72,265 +59%
Two Sigma Investments
79
Two Sigma Investments
New York
$30.5M +$4.88M +33,887 +22%
Two Sigma Advisers
80
Two Sigma Advisers
New York
$29.8M +$4.12M +28,600 +18%
AII
81
AGF Investments Inc
Ontario, Canada
$29.1M -$26.8M -186,200 -50%
CA
82
Cortland Associates
Missouri
$28.4M +$7.96M +55,276 +45%
National Bank of Canada
83
National Bank of Canada
Quebec, Canada
$28.1M +$1.4M +9,705 +6%
D.E. Shaw & Co
84
D.E. Shaw & Co
New York
$27.5M +$5.98M +41,549 +32%
P3I
85
Progeny 3 Inc
Washington
$26.2M +$11M +76,182 +87%
QC
86
Quadrature Capital
United Kingdom
$25.1M -$23.3M -162,100 -51%
PCM
87
Palisade Capital Management
New Jersey
$24.6M +$2.36M +16,373 +12%
SC
88
Scotia Capital
Ontario, Canada
$24.1M +$2.19M +15,212 +11%
Baird Financial Group
89
Baird Financial Group
Wisconsin
$23.8M +$356K +2,475 +2%
TAM
90
Tocqueville Asset Management
New York
$23.4M -$181K -1,255 -0.8%
Axa
91
Axa
France
$23.1M +$3.58M +24,899 +21%
State of Tennessee, Department of Treasury
92
State of Tennessee, Department of Treasury
Tennessee
$21.9M +$103K +718 +0.5%
AFIA
93
America First Investment Advisors
Nebraska
$21.5M +$14K +97 +0.1%
State of Wisconsin Investment Board
94
State of Wisconsin Investment Board
Wisconsin
$20.8M -$10.2M -70,999 -35%
Zurich Cantonal Bank
95
Zurich Cantonal Bank
Switzerland
$20.7M +$10M +69,651 +115%
Jane Street
96
Jane Street
New York
$19.4M +$8.81M +61,170 +101%
Citigroup
97
Citigroup
New York
$19M -$6.26M -43,467 -27%
HSBC Holdings
98
HSBC Holdings
United Kingdom
$18.7M -$3.28M -22,785 -16%
AT
99
AMF Tjänstepension
Sweden
$18.3M -$573K -3,981 -3%
FDCDDQ
100
Federation des caisses Desjardins du Quebec
Quebec, Canada
$18.2M -$1.71M -11,856 -10%

FNV Hedge Fund Activity: Q1 2022 in Review

513 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Franco-Nevada (FNV) for Q1 2022, worth a combined $20.3B — up 14% from $17.7B a quarter earlier.

Buyers outnumbered sellers: 70 funds opened new FNV positions and 49 closed out — a net gain of 21 holders — while 196 added to existing stakes and 135 trimmed.

The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $136M. The largest seller was Fidelity International, cutting an estimated $234M.

  • 513 institutional investors held Franco-Nevada (FNV) as of Q1 2022, up from 499 in Q4 2021.
  • Funds reported $20.3B of Franco-Nevada stock for Q1 2022, up 14% quarter-over-quarter.
  • 70 funds opened new Franco-Nevada positions in Q1 2022 and 49 closed out, a net change of +21 holders.
  • The largest Franco-Nevada buyer in Q1 2022 was Manulife (Manufacturers Life Insurance), an estimated $136M added.
  • The largest Franco-Nevada seller in Q1 2022 was Fidelity International, an estimated $234M sold.

Based on aggregated 13F filings for Q1 2022.