Franco-Nevada
166 hedge funds and large institutions have $4.89B invested in Franco-Nevada in 2013 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 61 increasing their positions, 61 reducing their positions, and 15 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
153% more call options, than puts
Call options by funds: $57M | Put options by funds: $22.5M
47% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 15
34% more capital invested
Capital invested by funds: $3.65B → $4.89B (+$1.25B)
4% more funds holding
Funds holding: 160 → 166 (+6)
3.74% more ownership
Funds ownership: 69.68% → 73.41% (+3.7%)
0% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 61
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$346M |
| 2 |
O
OppenheimerFunds
New York
|
+$64.6M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$51M |
| 4 |
BlackRock
New York
|
+$27.1M |
| 5 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
+$17.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$133M |
| 2 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
-$40.3M |
| 3 |
Ninety One (UK)
London,
United Kingdom
|
-$28.4M |
| 4 |
AIM
Acuity Investment Management
Toronto,
Ontario, Canada
|
-$18.9M |
| 5 |
FPP
Findlay Park Partners
London,
United Kingdom
|
-$18.3M |
FNV Hedge Fund Activity: Q3 2013 in Review
166 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Franco-Nevada (FNV) for Q3 2013, worth a combined $4.89B — up 34% from $3.65B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new FNV positions and 15 closed out — a net gain of 7 holders — while 61 added to existing stakes and 61 trimmed.
The largest buyer was VanEck Associates, adding an estimated $346M. The largest seller was Fidelity Investments, cutting an estimated $133M.
- 166 institutional investors held Franco-Nevada (FNV) as of Q3 2013, up from 160 in Q2 2013.
- Funds reported $4.89B of Franco-Nevada stock for Q3 2013, up 34% quarter-over-quarter.
- 22 funds opened new Franco-Nevada positions in Q3 2013 and 15 closed out, a net change of +7 holders.
- The largest Franco-Nevada buyer in Q3 2013 was VanEck Associates, an estimated $346M added.
- The largest Franco-Nevada seller in Q3 2013 was Fidelity Investments, an estimated $133M sold.
Based on aggregated 13F filings for Q3 2013.