Franco-Nevada
207 hedge funds and large institutions have $4.65B invested in Franco-Nevada in 2015 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 57 increasing their positions, 87 reducing their positions, and 19 closing their positions.
119% more call options, than puts
Call options by funds: $54.7M | Put options by funds: $24.9M
53% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 19
4% more funds holding
Funds holding: 199 → 207 (+8)
2% more capital invested
Capital invested by funds: $4.55B → $4.65B (+$95.1M)
1.24% less ownership
Funds ownership: 65.79% → 64.56% (-1.2%)
34% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 87
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$120M |
| 2 |
WBC
Westpac Banking Corp
Sydney,
Australia
|
+$118M |
| 3 |
BCM
Barometer Capital Management
Toronto,
Ontario, Canada
|
+$20.5M |
| 4 |
TCIM
TIAA CREF Investment Management
New York
|
+$16.6M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$8.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$88.5M |
| 2 |
O
OppenheimerFunds
New York
|
-$66.7M |
| 3 |
VanEck Associates
New York
|
-$57.5M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$22.5M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$18.7M |
FNV Hedge Fund Activity: Q4 2015 in Review
207 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Franco-Nevada (FNV) for Q4 2015, worth a combined $4.65B — up 2.1% from $4.55B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new FNV positions and 19 closed out — a net gain of 10 holders — while 57 added to existing stakes and 87 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $120M. The largest seller was T. Rowe Price Associates, cutting an estimated $88.5M.
- 207 institutional investors held Franco-Nevada (FNV) as of Q4 2015, up from 199 in Q3 2015.
- Funds reported $4.65B of Franco-Nevada stock for Q4 2015, up 2.1% quarter-over-quarter.
- 29 funds opened new Franco-Nevada positions in Q4 2015 and 19 closed out, a net change of +10 holders.
- The largest Franco-Nevada buyer in Q4 2015 was Fidelity Investments, an estimated $120M added.
- The largest Franco-Nevada seller in Q4 2015 was T. Rowe Price Associates, an estimated $88.5M sold.
Based on aggregated 13F filings for Q4 2015.