Franco-Nevada
448 hedge funds and large institutions have $17B invested in Franco-Nevada in 2021 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 148 increasing their positions, 148 reducing their positions, and 32 closing their positions.
22% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 32
0% more funds holding
Funds holding: 448 → 448 (0)
0% more repeat investments, than reductions
Existing positions increased: 148 | Existing positions reduced: 148
0.57% less ownership
Funds ownership: 69.6% → 69.03% (-0.57%)
11% less capital invested
Capital invested by funds: $19.2B → $17B (-$2.21B)
12% less funds holding in top 10
Funds holding in top 10: 17 → 15 (-2)
23% less call options, than puts
Call options by funds: $184M | Put options by funds: $239M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$93.9M |
| 2 |
QC
Quadrature Capital
London,
United Kingdom
|
+$64.6M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$47.9M |
| 4 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$46.9M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$46.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$217M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$117M |
| 3 |
Goldman Sachs
New York
|
-$83.9M |
| 4 |
VanEck Associates
New York
|
-$75.9M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$59.2M |
FNV Hedge Fund Activity: Q3 2021 in Review
448 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Franco-Nevada (FNV) for Q3 2021, worth a combined $17B — down 11% from $19.2B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new FNV positions and 32 closed out — a net gain of 7 holders — while 148 added to existing stakes and 148 trimmed.
The largest buyer was Bank of America, adding an estimated $93.9M. The largest seller was Capital World Investors, cutting an estimated $217M.
- 448 institutional investors held Franco-Nevada (FNV) as of Q3 2021, unchanged from Q2 2021.
- Funds reported $17B of Franco-Nevada stock for Q3 2021, down 11% quarter-over-quarter.
- 39 funds opened new Franco-Nevada positions in Q3 2021 and 32 closed out, a net change of +7 holders.
- The largest Franco-Nevada buyer in Q3 2021 was Bank of America, an estimated $93.9M added.
- The largest Franco-Nevada seller in Q3 2021 was Capital World Investors, an estimated $217M sold.
Based on aggregated 13F filings for Q3 2021.