Franco-Nevada
271 hedge funds and large institutions have $8.93B invested in Franco-Nevada in 2018 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 85 increasing their positions, 94 reducing their positions, and 31 closing their positions.
52% more call options, than puts
Call options by funds: $84.3M | Put options by funds: $55.6M
10% more capital invested
Capital invested by funds: $8.12B → $8.93B (+$809M)
1.74% more ownership
Funds ownership: 63.98% → 65.72% (+1.7%)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
6% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 31
10% less repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 94
2% less funds holding
Funds holding: 276 → 271 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$443M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$179M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$112M |
| 4 |
Goldman Sachs
New York
|
+$42.4M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$42.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$296M |
| 2 |
VanEck Associates
New York
|
-$63.2M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$52.6M |
| 4 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$44.5M |
| 5 |
Janus Henderson Group
London,
|
-$38.6M |
FNV Hedge Fund Activity: Q2 2018 in Review
271 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Franco-Nevada (FNV) for Q2 2018, worth a combined $8.93B — up 10% from $8.12B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of FNV and 29 opened new positions — a net loss of 2 holders — while 94 trimmed existing stakes and 85 added.
The largest buyer was Fidelity International, adding an estimated $443M. The largest seller was Fidelity Investments, cutting an estimated $296M.
- 271 institutional investors held Franco-Nevada (FNV) as of Q2 2018, down from 276 in Q1 2018.
- Funds reported $8.93B of Franco-Nevada stock for Q2 2018, up 10% quarter-over-quarter.
- 29 funds opened new Franco-Nevada positions in Q2 2018 and 31 closed out, a net change of -2 holders.
- The largest Franco-Nevada buyer in Q2 2018 was Fidelity International, an estimated $443M added.
- The largest Franco-Nevada seller in Q2 2018 was Fidelity Investments, an estimated $296M sold.
Based on aggregated 13F filings for Q2 2018.