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Franco-Nevada

285 hedge funds and large institutions have $9.37B invested in Franco-Nevada in 2017 Q4 according to their latest regulatory filings, with 44 funds opening new positions, 103 increasing their positions, 86 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

159% more first-time investments, than exits

New positions opened: 44 | Existing positions closed: 17

20% more repeat investments, than reductions

Existing positions increased: 103 | Existing positions reduced: 86

10% more funds holding

Funds holding: 260285 (+25)

0% less capital invested

Capital invested by funds: $9.4B → $9.37B (-$25.3M)

0.7% less ownership

Funds ownership: 63.77%63.07% (-0.7%)

11% less funds holding in top 10

Funds holding in top 10: 98 (-1)

26% less call options, than puts

Call options by funds: $121M | Put options by funds: $162M

Holders
285
Holders Change
+25
Holders Change %
+9.62%
% of All Funds
6.46%
Holding in Top 10
8
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-11.11%
% of All Funds
0.18%
New
44
Increased
103
Reduced
86
Closed
17
Calls
$121M
Puts
$162M
Net Calls
-$41.8M
Net Calls Change
-$76M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$1.27B -$16.4M -204,059 -1%
T. Rowe Price Associates
2
T. Rowe Price Associates
Maryland
$753M -$33.7M -419,897 -4%
Bank of Montreal
3
Bank of Montreal
Ontario, Canada
$524M -$104M -1,298,548 -17%
VanEck Associates
4
VanEck Associates
New York
$506M -$83.9M -1,044,621 -14%
First Eagle Investment Management
5
First Eagle Investment Management
New York
$447M -$88.3M -1,100,545 -16%
Vanguard Group
6
Vanguard Group
Pennsylvania
$372M +$20.7M +258,303 +6%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$351M +$13.8M +171,515 +4%
Norges Bank
8
Norges Bank
Norway
$335M +$21.5M +267,664 +7%
TD Asset Management
9
TD Asset Management
Ontario, Canada
$246M -$8.93M -111,306 -3%
Capital World Investors
10
Capital World Investors
California
$243M +$62.9M +783,000 +35%
Franklin Resources
11
Franklin Resources
California
$230M -$551K -6,860 -0.2%
1832 Asset Management
12
1832 Asset Management
Ontario, Canada
$202M +$21.6M +268,644 +12%
CIBC World Market
13
CIBC World Market
Ontario, Canada
$180M +$42.9K +535 +0%
BGC
14
Beutel, Goodman & Co
Ontario, Canada
$166M -$1.5M -18,742 -0.9%
Renaissance Technologies
15
Renaissance Technologies
New York
$146M +$42.6M +530,300 +41%
Manulife (Manufacturers Life Insurance)
16
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$141M +$56.6M +704,843 +66%
Swiss National Bank
17
Swiss National Bank
Switzerland
$135M +$5.21M +64,900 +4%
CIBC Asset Management
18
CIBC Asset Management
Ontario, Canada
$123M -$45M -560,479 -27%
TAM
19
Tocqueville Asset Management
New York
$120M +$6.04M +75,225 +5%
Connor, Clark & Lunn Investment Management (CC&L)
20
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$110M -$2.08M -25,929 -2%
PP
21
Prudential plc
United Kingdom
$110M -$50.3M -626,211 -31%
Citigroup
22
Citigroup
New York
$102M +$81.1M +1,010,006 +394%
Canada Life
23
Canada Life
Manitoba, Canada
$101M -$4.91M -61,217 -5%
Toronto Dominion Bank
24
Toronto Dominion Bank
Ontario, Canada
$94.9M +$4.47M +55,638 +5%
Fiera Capital (Canada)
25
Fiera Capital (Canada)
Quebec, Canada
$93.8M -$3.8M -47,351 -4%

FNV Hedge Fund Activity: Q4 2017 in Review

285 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Franco-Nevada (FNV) for Q4 2017, worth a combined $9.37B — down 0.27% from $9.4B a quarter earlier.

Buyers outnumbered sellers: 44 funds opened new FNV positions and 17 closed out — a net gain of 27 holders — while 103 added to existing stakes and 86 trimmed.

The largest buyer was Citigroup, adding an estimated $81.1M. The largest seller was Bank of Montreal, cutting an estimated $104M.

  • 285 institutional investors held Franco-Nevada (FNV) as of Q4 2017, up from 260 in Q3 2017.
  • Funds reported $9.37B of Franco-Nevada stock for Q4 2017, down 0.27% quarter-over-quarter.
  • 44 funds opened new Franco-Nevada positions in Q4 2017 and 17 closed out, a net change of +27 holders.
  • The largest Franco-Nevada buyer in Q4 2017 was Citigroup, an estimated $81.1M added.
  • The largest Franco-Nevada seller in Q4 2017 was Bank of Montreal, an estimated $104M sold.

Based on aggregated 13F filings for Q4 2017.