Franco-Nevada
276 hedge funds and large institutions have $8.12B invested in Franco-Nevada in 2018 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 96 increasing their positions, 91 reducing their positions, and 40 closing their positions.
8% more call options, than puts
Call options by funds: $83.7M | Put options by funds: $77.2M
5% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 91
0.91% more ownership
Funds ownership: 63.07% → 63.98% (+0.91%)
3% less funds holding
Funds holding: 285 → 276 (-9)
13% less capital invested
Capital invested by funds: $9.37B → $8.12B (-$1.25B)
18% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 40
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$165M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$82.1M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
+$49.3M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$36.2M |
| 5 |
Renaissance Technologies
New York
|
+$26.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$76M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$55.7M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$38.8M |
| 4 |
JP Morgan Chase
New York
|
-$28.2M |
| 5 |
AAF
Andra AP-fonden
Goteborg,
Sweden
|
-$21.6M |
FNV Hedge Fund Activity: Q1 2018 in Review
276 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Franco-Nevada (FNV) for Q1 2018, worth a combined $8.12B — down 13% from $9.37B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of FNV and 33 opened new positions — a net loss of 7 holders — while 91 trimmed existing stakes and 96 added.
The largest buyer was VanEck Associates, adding an estimated $165M. The largest seller was Citigroup, cutting an estimated $76M.
- 276 institutional investors held Franco-Nevada (FNV) as of Q1 2018, down from 285 in Q4 2017.
- Funds reported $8.12B of Franco-Nevada stock for Q1 2018, down 13% quarter-over-quarter.
- 33 funds opened new Franco-Nevada positions in Q1 2018 and 40 closed out, a net change of -7 holders.
- The largest Franco-Nevada buyer in Q1 2018 was VanEck Associates, an estimated $165M added.
- The largest Franco-Nevada seller in Q1 2018 was Citigroup, an estimated $76M sold.
Based on aggregated 13F filings for Q1 2018.