Franco-Nevada
473 hedge funds and large institutions have $15.7B invested in Franco-Nevada in 2022 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 162 increasing their positions, 168 reducing their positions, and 52 closing their positions.
45% more call options, than puts
Call options by funds: $223M | Put options by funds: $153M
0.32% more ownership
Funds ownership: 67.92% → 68.24% (+0.32%)
4% less repeat investments, than reductions
Existing positions increased: 162 | Existing positions reduced: 168
3% less funds holding
Funds holding: 487 → 473 (-14)
8% less funds holding in top 10
Funds holding in top 10: 24 → 22 (-2)
9% less capital invested
Capital invested by funds: $17.2B → $15.7B (-$1.51B)
13% less first-time investments, than exits
New positions opened: 45 | Existing positions closed: 52
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$235M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$229M |
| 3 |
Amundi
Paris,
France
|
+$53.9M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
+$46.9M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$38.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$560M |
| 2 |
APG Asset Management
Amsterdam,
Netherlands
|
-$65.5M |
| 3 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
-$30M |
| 4 |
BCM
Bornite Capital Management
New York
|
-$26.3M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$22.6M |
FNV Hedge Fund Activity: Q3 2022 in Review
473 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Franco-Nevada (FNV) for Q3 2022, worth a combined $15.7B — down 8.8% from $17.2B a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of FNV and 45 opened new positions — a net loss of 7 holders — while 168 trimmed existing stakes and 162 added.
The largest buyer was Bank of Montreal, adding an estimated $235M. The largest seller was T. Rowe Price Associates, cutting an estimated $560M.
- 473 institutional investors held Franco-Nevada (FNV) as of Q3 2022, down from 487 in Q2 2022.
- Funds reported $15.7B of Franco-Nevada stock for Q3 2022, down 8.8% quarter-over-quarter.
- 45 funds opened new Franco-Nevada positions in Q3 2022 and 52 closed out, a net change of -7 holders.
- The largest Franco-Nevada buyer in Q3 2022 was Bank of Montreal, an estimated $235M added.
- The largest Franco-Nevada seller in Q3 2022 was T. Rowe Price Associates, an estimated $560M sold.
Based on aggregated 13F filings for Q3 2022.