Franco-Nevada
177 hedge funds and large institutions have $6.36B invested in Franco-Nevada in 2014 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 60 increasing their positions, 69 reducing their positions, and 26 closing their positions.
76% more call options, than puts
Call options by funds: $65.5M | Put options by funds: $37.3M
60% more funds holding in top 10
Funds holding in top 10: 5 → 8 (+3)
32% more capital invested
Capital invested by funds: $4.8B → $6.36B (+$1.56B)
4.44% more ownership
Funds ownership: 70.47% → 74.91% (+4.4%)
8% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 26
1% less funds holding
Funds holding: 179 → 177 (-2)
13% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 69
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$229M |
| 2 |
TAM
Tocqueville Asset Management
New York
|
+$101M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$52.9M |
| 4 |
JP Morgan Chase
New York
|
+$31.3M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$23.6M |
| 2 |
Ninety One (UK)
London,
United Kingdom
|
-$22.1M |
| 3 |
MBI
Montrusco Bolton Investments
Montreal,
Quebec, Canada
|
-$18.9M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$16.5M |
| 5 |
O
OppenheimerFunds
New York
|
-$15.4M |
FNV Hedge Fund Activity: Q2 2014 in Review
177 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Franco-Nevada (FNV) for Q2 2014, worth a combined $6.36B — up 32% from $4.8B a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of FNV and 24 opened new positions — a net loss of 2 holders — while 69 trimmed existing stakes and 60 added.
The largest buyer was Norges Bank, adding an estimated $229M. The largest seller was VanEck Associates, cutting an estimated $23.6M.
- 177 institutional investors held Franco-Nevada (FNV) as of Q2 2014, down from 179 in Q1 2014.
- Funds reported $6.36B of Franco-Nevada stock for Q2 2014, up 32% quarter-over-quarter.
- 24 funds opened new Franco-Nevada positions in Q2 2014 and 26 closed out, a net change of -2 holders.
- The largest Franco-Nevada buyer in Q2 2014 was Norges Bank, an estimated $229M added.
- The largest Franco-Nevada seller in Q2 2014 was VanEck Associates, an estimated $23.6M sold.
Based on aggregated 13F filings for Q2 2014.