Franco-Nevada
491 hedge funds and large institutions have $17.9B invested in Franco-Nevada in 2023 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 147 increasing their positions, 184 reducing their positions, and 43 closing their positions.
109% more call options, than puts
Call options by funds: $214M | Put options by funds: $102M
5% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 43
0.91% more ownership
Funds ownership: 68.54% → 69.45% (+0.91%)
0% more funds holding in top 10
Funds holding in top 10: 18 → 18 (0)
0% less funds holding
Funds holding: 493 → 491 (-2)
5% less capital invested
Capital invested by funds: $18.8B → $17.9B (-$893M)
20% less repeat investments, than reductions
Existing positions increased: 147 | Existing positions reduced: 184
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$185M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$71.8M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$69.1M |
| 4 |
QC
Quadrature Capital
London,
United Kingdom
|
+$44.7M |
| 5 |
MBI
Montrusco Bolton Investments
Montreal,
Quebec, Canada
|
+$41.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EPFB
Employees Provident Fund Board
Shah Alam,
Malaysia
|
-$77.8M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$54.5M |
| 3 |
MGIM
M&G Investment Management
London,
United Kingdom
|
-$41M |
| 4 |
Man Group
London,
United Kingdom
|
-$38.6M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$31.7M |
FNV Hedge Fund Activity: Q3 2023 in Review
491 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Franco-Nevada (FNV) for Q3 2023, worth a combined $17.9B — down 4.7% from $18.8B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new FNV positions and 43 closed out — a net gain of 2 holders — while 147 added to existing stakes and 184 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $185M. The largest seller was Employees Provident Fund Board, exiting entirely with an estimated $77.8M sold.
- 491 institutional investors held Franco-Nevada (FNV) as of Q3 2023, down from 493 in Q2 2023.
- Funds reported $17.9B of Franco-Nevada stock for Q3 2023, down 4.7% quarter-over-quarter.
- 45 funds opened new Franco-Nevada positions in Q3 2023 and 43 closed out, a net change of +2 holders.
- The largest Franco-Nevada buyer in Q3 2023 was T. Rowe Price Associates, an estimated $185M added.
- The largest Franco-Nevada seller in Q3 2023 was Employees Provident Fund Board, an estimated $77.8M sold.
Based on aggregated 13F filings for Q3 2023.