Franco Nevada Corp
FNV- Exchange
- NYSE
- Industry
- Gold and Silver Ores
- SEC CIK
- 0001456346
No open-market purchases or sales by Franco Nevada Corp insiders were filed in the last 90 days; 664 institutions reported holding it in 13F filings for Q2 2026, worth $29.0B in total; Markel Group is the only superinvestor holding it.
13F holders, Q1 2025
Institutional positions in Franco Nevada Corp as of Mar 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works
- Institutional holders
- 524
- +42 vs. Q4 2024
- Shares held
- 139.4M
- +1.42M (+1.0%) vs. Q4 2024
- Total value
- $21.9B
- +$5.74B (+35.4%) vs. Q4 2024
- New holders
- 88
- 184 more added
- Sold out
- 46
- 161 more reduced
4 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 2024: new holders, sold out and not filed yet
Holders and value by quarter
Institutions reporting FNV on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 664 | $29.0B |
| Q1 2026 | 639 | $34.0B |
| Q4 2025 | 611 | $29.4B |
| Q3 2025 | 572 | $31.1B |
| Q2 2025 | 542 | $23.0B |
| Q1 2025 | 524 | $21.9B |
| Q4 2024 | 486 | $16.2B |
| Q3 2024 | 491 | $17.0B |
| Q2 2024 | 479 | $16.0B |
| Q1 2024 | 500 | $15.8B |
| Q4 2023 | 488 | $15.0B |
| Q3 2023 | 492 | $17.9B |
| Q2 2023 | 493 | $18.8B |
| Q1 2023 | 490 | $19.2B |
| Q4 2022 | 487 | $17.9B |
| Q3 2022 | 470 | $15.6B |
| Q2 2022 | 487 | $17.2B |
| Q1 2022 | 513 | $20.5B |
| Q4 2021 | 498 | $18.1B |
| Q3 2021 | 448 | $17.2B |
| Q2 2021 | 446 | $19.4B |
| Q1 2021 | 428 | $16.3B |
Institutions, Q1 2025
Shares, value and share of portfolio for each institution holding Franco Nevada Corp; share changes are against Q4 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Massachusetts Financial Services Co | 12,207,413 | $1.92B | 0.64% | +207,232+1.7% | Added |
| FMR LLC | 12,117,998 | $1.91B | 0.12% | +2,254,659+22.9% | Added |
| FIL Ltd | 8,808,662 | $1.39B | 1.32% | −297,524−3.3% | Reduced |
| Capital World Investors | 8,008,925 | $1.26B | 0.20% | +60,008+0.8% | Added |
| Vanguard Group Inc | 7,845,339 | $1.23B | 0.02% | +45,924+0.6% | Added |
| Van Eck Associates Corp | 7,700,666 | $1.21B | 1.57% | −838,122−9.8% | Reduced |
| Bank of Montreal | 5,017,028 | $789.2M | 0.42% | −283,852−5.4% | Reduced |
| EdgePoint Investment Group Inc. | 3,697,962 | $581.7M | 4.71% | −1,261,889−25.4% | Reduced |
| Price T Rowe Associates Inc | 3,521,281 | $554.8M | 0.07% | −765,380−17.9% | Reduced |
| First Eagle Investment Management, LLC | 3,219,191 | $506.4M | 1.07% | −147,353−4.4% | Reduced |
| Renaissance Technologies LLC | 3,030,549 | $477.5M | 0.72% | −128,890−4.1% | Reduced |
| Jarislowsky, Fraser Ltd | 2,864,793 | $450.5M | 2.82% | −355,193−11.0% | Reduced |
| Royal Bank of Canada | 2,819,093 | $444.2M | 0.10% | −312,680−10.0% | Reduced |
| Victory Capital Management Inc | 2,538,935 | $400.0M | 0.41% | −884,305−25.8% | Reduced |
| Arrowstreet Capital, Limited Partnership | 2,381,176 | $374.9M | 0.30% | +1,216,782+104.5% | Added |
| Norges Bank | 2,167,693 | $341.0M | 0.05% | +142,828+7.1% | Added |
| Manufacturers Life Insurance Company, The | 1,980,772 | $313.1M | 0.30% | +33,044+1.7% | Added |
| TD Asset Management Inc | 1,926,670 | $303.0M | 0.28% | +122,071+6.8% | Added |
| Orbis Allan Gray Ltd | 1,918,952 | $302.4M | 1.73% | −21,573−1.1% | Reduced |
| Mackenzie Financial Corp | 1,756,344 | $276.2M | 0.39% | +242,196+16.0% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 1,705,489 | $268.3M | 1.17% | +1,133,373+198.1% | Added |
| National Bank of Canada | 1,602,784 | $251.8M | 0.30% | +32,387+2.1% | Added |
| M&G Plc | 1,510,643 | $237.3M | 1.14% | −536,619−26.2% | Reduced |
| CIBC World Markets Inc. | 1,330,917 | $209.4M | 0.48% | +126,944+10.5% | Added |
| Geode Capital Management, LLC | 1,247,750 | $197.4M | 0.02% | +145,896+13.2% | Added |
| Two Sigma Advisers, LP | 1,169,200 | $184.2M | 0.41% | −180,100−13.3% | Reduced |
| Amundi | 1,137,345 | $180.5M | 0.07% | +257,996+29.3% | Added |
| Bank of America Corp | 1,130,561 | $178.1M | 0.02% | +339,117+42.8% | Added |
| Beutel, Goodman & Co Ltd. | 1,132,112 | $178.0M | 1.03% | −569,138−33.5% | Reduced |
| CIBC Asset Management Inc | 1,115,588 | $176.0M | 0.58% | −20,945−1.8% | Reduced |
| 1832 Asset Management L.P. | 1,029,551 | $162.2M | 0.31% | −42,555−4.0% | Reduced |
| Horizon Kinetics Asset Management LLC | 1,016,774 | $160.2M | 1.82% | +28,741+2.9% | Added |
| JPMorgan Chase & Co | 1,009,769 | $159.1M | 0.01% | +47,098+4.9% | Added |
| Canada Pension Plan Investment Board | 883,293 | $138.9M | 0.13% | +309,161+53.8% | Added |
| Legal & General Group Plc | 852,773 | $134.1M | 0.04% | −7,075−0.8% | Reduced |
| Morgan Stanley | 846,343 | $133.4M | 0.01% | +29,115+3.6% | Added |
| Deutsche Bank AG | 821,330 | $129.4M | 0.05% | +12,729+1.6% | Added |
| Citadel Advisors LLC | 765,480 | $120.6M | 0.12% | +706,548+1,198.9% | Added |
| Goldman Sachs Group Inc | 744,469 | $117.3M | 0.02% | +501,385+206.3% | Added |
| Millennium Management LLC | 725,751 | $114.3M | 0.11% | −68,036−8.6% | Reduced |
| Clearbridge Investments, LLC | 721,022 | $113.6M | 0.10% | −35,095−4.6% | Reduced |
| British Columbia Investment Management Corp | 672,148 | $105.7M | 0.65% | +337,926+101.1% | Added |
| Two Sigma Investments, LP | 662,933 | $104.5M | 0.23% | −366,527−35.6% | Reduced |
| Bank of Nova Scotia | 614,075 | $96.6M | 0.22% | −7,205−1.2% | Reduced |
| Swiss National Bank | 547,760 | $86.2M | 0.06% | −11,000−2.0% | Reduced |
| Markel Group Inc.SuperinvestorMarkel Group | 525,250 | $82.8M | 0.73% | +42,000+8.7% | Added |
| Chevy Chase Trust Holdings, Inc. | 521,540 | $82.2M | 0.26% | −12,036−2.3% | Reduced |
| Alberta Investment Management Corp | 512,671 | $80.6M | 0.55% | +28,320+5.8% | Added |
| UBS Group AG | 481,348 | $75.8M | 0.02% | +166,253+52.8% | Added |
| Invesco Ltd. | 428,320 | $67.5M | 0.01% | −22,122−4.9% | Reduced |
| Charles Schwab Investment Management Inc | 427,565 | $67.2M | 0.01% | +4,399+1.0% | Added |
| Federation des caisses Desjardins du Quebec | 415,114 | $65.2M | 0.32% | −8,265−2.0% | Reduced |
| Fiera Capital Corp | 376,754 | $59.3M | 0.21% | +37,043+10.9% | Added |
| Bennbridge Ltd | 375,340 | $59.1M | 48.07% | −14,800−3.8% | Reduced |
| Toronto Dominion Bank | 366,380 | $57.6M | 0.15% | −10,022−2.7% | Reduced |
| Caisse de Depot Et Placement du Quebec | 365,812 | $57.5M | 0.12% | +269,730+280.7% | Added |
| Marathon Asset Mgmt Ltd | 351,677 | $55.3M | 1.69% | −8,881−2.5% | Reduced |
| BLI - Banque de Luxembourg Investments | 347,395 | $54.8M | 1.66% | −102,400−22.8% | Reduced |
| MUFG Securities (Canada), Ltd. | 293,781 | $46.2M | 1.61% | −162−0.1% | Reduced |
| Gabelli Funds LLC | 287,860 | $45.3M | 0.35% | −7,700−2.6% | Reduced |
| Covea Finance | 286,170 | $45.1M | 2.07% | +184,850+182.4% | Added |
| Dimensional Fund Advisors LP | 260,906 | $41.1M | 0.01% | +16,428+6.7% | Added |
| Allianz Asset Management GmbH | 258,645 | $40.7M | 0.06% | −210.0% | Reduced |
| UBS Asset Management Americas Inc | 253,642 | $40.0M | 0.01% | +105,164+70.8% | Added |
| Toroso Investments, LLC | 250,660 | $39.5M | 0.33% | −215−0.1% | Reduced |
| QV Investors Inc. | 244,669 | $38.5M | 3.89% | −4,262−1.7% | Reduced |
| American Century Companies Inc | 238,686 | $37.6M | 0.02% | −5,912−2.4% | Reduced |
| Sprott Inc. | 235,998 | $37.2M | 2.20% | +1,862+0.8% | Added |
| TD Waterhouse Canada Inc. | 250,877 | $36.7M | 0.30% | −11,396−4.3% | Reduced |
| Euro Pacific Asset Management, LLC | 226,772 | $35.8M | 6.49% | −1,140−0.5% | Reduced |
| BlackRock, Inc. | 221,887 | $35.0M | 0.00% | −53,724−19.5% | Reduced |
| St. James Investment Company, LLC | 219,988 | $34.7M | 5.78% | +49,907+29.3% | Added |
| Groupama Asset Managment | 220,385 | $34.3M | 0.68% | +87,075+65.3% | Added |
| CI Private Wealth, LLC | 215,752 | $34.0M | 0.06% | −6,088−2.7% | Reduced |
| Woodline Partners LP | 205,975 | $32.5M | 0.21% | +205,975 | New |
| Nuveen, LLC | 202,549 | $31.9M | 0.01% | +202,549 | New |
| Annex Advisory Services, LLC | 183,106 | $28.9M | 0.82% | +23,702+14.9% | Added |
| Bank of New York Mellon Corp | 175,843 | $27.7M | 0.01% | +4,838+2.8% | Added |
| America First Investment Advisors, LLC | 172,827 | $27.2M | 5.74% | +8,274+5.0% | Added |
| Northern Trust Corp | 172,675 | $27.2M | 0.00% | +19,580+12.8% | Added |
| Spears Abacus Advisors LLC | 163,893 | $25.8M | 0.56% | −2,316−1.4% | Reduced |
| Tocqueville Asset Management L.P. | 162,471 | $25.6M | 0.42% | +3,032+1.9% | Added |
| CWA Asset Management Group, LLC | 161,719 | $25.5M | 1.22% | +13,051+8.8% | Added |
| Waratah Capital Advisors Ltd. | 154,622 | $24.4M | 1.66% | +103,482+202.4% | Added |
| Palisade Capital Management LLC | 150,473 | $23.7M | 0.68% | +9,182+6.5% | Added |
| Montrusco Bolton Investments Inc. | 150,587 | $23.7M | 0.31% | +4,098+2.8% | Added |
| Jane Street Group, LLC | 148,674 | $23.4M | 0.04% | +133,873+904.5% | Added |
| Ashford Capital Management Inc | 147,964 | $23.3M | 3.01% | −6,880−4.4% | Reduced |
| HSBC Holdings PLC | 147,284 | $23.1M | 0.02% | −30,929−17.4% | Reduced |
| Scotia Capital Inc. | 144,821 | $22.7M | 0.12% | +3,009+2.1% | Added |
| Allspring Global Investments Holdings, LLC | 100,948 | $22.5M | 0.04% | +4,000+4.1% | Added |
| Great West Life Assurance Co | 138,421 | $21.8M | 0.04% | −9,669−6.5% | Reduced |
| Northwest & Ethical Investments L.P. | 137,709 | $21.7M | 0.59% | +6,482+4.9% | Added |
| Baird Financial Group, Inc. | 137,395 | $21.6M | 0.04% | +24,834+22.1% | Added |
| Carrhae Capital LLP | 134,994 | $21.3M | 2.47% | −71,424−34.6% | Reduced |
| Aviva PLC | 134,421 | $21.2M | 0.05% | +18,635+16.1% | Added |
| AXA S.A. | 127,773 | $20.1M | 0.07% | −5,770−4.3% | Reduced |
| Commonwealth Equity Services, LLC | 126,450 | $19.9M | 0.03% | −638−0.5% | Reduced |
| Korea Investment CORP | 126,467 | $19.9M | 0.05% | +3,207+2.6% | Added |
| Schwartz Investment Counsel Inc | 124,200 | $19.6M | 0.67% | +5,000+4.2% | Added |