Franco-Nevada
269 hedge funds and large institutions have $7.89B invested in Franco-Nevada in 2018 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 99 increasing their positions, 93 reducing their positions, and 27 closing their positions.
2.02% more ownership
Funds ownership: 65.72% → 67.73% (+2%)
6% more repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 93
4% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 27
1% less funds holding
Funds holding: 271 → 269 (-2)
12% less capital invested
Capital invested by funds: $8.93B → $7.89B (-$1.04B)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
18% less call options, than puts
Call options by funds: $98.7M | Put options by funds: $121M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$168M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$107M |
| 3 |
JP Morgan Chase
New York
|
+$74.8M |
| 4 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
+$60.9M |
| 5 |
Goldman Sachs
New York
|
+$58.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PP
Prudential plc
London, England,
United Kingdom
|
-$100M |
| 2 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$41.6M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$39.3M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$38.7M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
-$34.4M |
FNV Hedge Fund Activity: Q3 2018 in Review
269 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Franco-Nevada (FNV) for Q3 2018, worth a combined $7.89B — down 12% from $8.93B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new FNV positions and 27 closed out — a net gain of 1 holder — while 99 added to existing stakes and 93 trimmed.
The largest buyer was VanEck Associates, adding an estimated $168M. The largest seller was Prudential plc, exiting entirely with an estimated $100M sold.
- 269 institutional investors held Franco-Nevada (FNV) as of Q3 2018, down from 271 in Q2 2018.
- Funds reported $7.89B of Franco-Nevada stock for Q3 2018, down 12% quarter-over-quarter.
- 28 funds opened new Franco-Nevada positions in Q3 2018 and 27 closed out, a net change of +1 holder.
- The largest Franco-Nevada buyer in Q3 2018 was VanEck Associates, an estimated $168M added.
- The largest Franco-Nevada seller in Q3 2018 was Prudential plc, an estimated $100M sold.
Based on aggregated 13F filings for Q3 2018.