Franco-Nevada
260 hedge funds and large institutions have $9.4B invested in Franco-Nevada in 2017 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 92 increasing their positions, 84 reducing their positions, and 13 closing their positions.
169% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 13
67% more call options, than puts
Call options by funds: $85.8M | Put options by funds: $51.5M
10% more capital invested
Capital invested by funds: $8.55B → $9.4B (+$845M)
7% more funds holding
Funds holding: 242 → 260 (+18)
10% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 84
0.22% more ownership
Funds ownership: 63.55% → 63.77% (+0.22%)
0% more funds holding in top 10
Funds holding in top 10: 9 → 9 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$157M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$102M |
| 3 |
TAM
Troy Asset Management
London,
United Kingdom
|
+$61.2M |
| 4 |
Renaissance Technologies
New York
|
+$56.6M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$30.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$55.1M |
| 2 |
PP
Prudential plc
London, England,
United Kingdom
|
-$40.5M |
| 3 |
First Eagle Investment Management
New York
|
-$36.3M |
| 4 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$31.1M |
| 5 |
CGI
CI Global Investments
Oakland,
California
|
-$25.6M |
FNV Hedge Fund Activity: Q3 2017 in Review
260 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Franco-Nevada (FNV) for Q3 2017, worth a combined $9.4B — up 9.9% from $8.55B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new FNV positions and 13 closed out — a net gain of 22 holders — while 92 added to existing stakes and 84 trimmed.
The largest buyer was 1832 Asset Management, adding an estimated $157M. The largest seller was VanEck Associates, cutting an estimated $55.1M.
- 260 institutional investors held Franco-Nevada (FNV) as of Q3 2017, up from 242 in Q2 2017.
- Funds reported $9.4B of Franco-Nevada stock for Q3 2017, up 9.9% quarter-over-quarter.
- 35 funds opened new Franco-Nevada positions in Q3 2017 and 13 closed out, a net change of +22 holders.
- The largest Franco-Nevada buyer in Q3 2017 was 1832 Asset Management, an estimated $157M added.
- The largest Franco-Nevada seller in Q3 2017 was VanEck Associates, an estimated $55.1M sold.
Based on aggregated 13F filings for Q3 2017.