Franco-Nevada
480 hedge funds and large institutions have $16B invested in Franco-Nevada in 2024 Q2 according to their latest regulatory filings, with 49 funds opening new positions, 176 increasing their positions, 170 reducing their positions, and 61 closing their positions.
84% more call options, than puts
Call options by funds: $301M | Put options by funds: $164M
73% more capital inflows, than outflows
Capital inflows: $1.57B | Capital outflows: $908M
2.33% more ownership
Funds ownership: 68.78% → 71.12% (+2.3%)
4% more repeat investments, than reductions
Existing positions increased: 176 | Existing positions reduced: 170
4% less funds holding
Funds holding: 502 → 480 (-22)
20% less first-time investments, than exits
New positions opened: 49 | Existing positions closed: 61
25% less funds holding in top 10
Funds holding in top 10: 16 → 12 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$283M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$267M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$95.1M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
+$87.3M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$86.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$72.8M |
| 2 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
-$63.9M |
| 3 |
Quadrature Capital
London,
United Kingdom
|
-$51.6M |
| 4 |
Voloridge Investment Management
Jupiter,
Florida
|
-$44.1M |
| 5 |
JP Morgan Chase
New York
|
-$32.6M |
FNV Hedge Fund Activity: Q2 2024 in Review
480 of the 6,944 institutional investors tracked by Wall St. Rank reported a position in Franco-Nevada (FNV) for Q2 2024, worth a combined $16B — up 1.2% from $15.8B a quarter earlier.
Sellers outnumbered buyers: 61 funds closed out of FNV and 49 opened new positions — a net loss of 12 holders — while 170 trimmed existing stakes and 176 added.
The largest buyer was Allspring Global Investments, opening a new position worth an estimated $283M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $72.8M.
- 480 institutional investors held Franco-Nevada (FNV) as of Q2 2024, down from 502 in Q1 2024.
- Funds reported $16B of Franco-Nevada stock for Q2 2024, up 1.2% quarter-over-quarter.
- 49 funds opened new Franco-Nevada positions in Q2 2024 and 61 closed out, a net change of -12 holders.
- The largest Franco-Nevada buyer in Q2 2024 was Allspring Global Investments, an estimated $283M added.
- The largest Franco-Nevada seller in Q2 2024 was Manulife (Manufacturers Life Insurance), an estimated $72.8M sold.
Based on aggregated 13F filings for Q2 2024.