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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, Q2 2025

Institutional positions in Franco Nevada Corp as of Jun 30, 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
542
+24 vs. Q1 2025
Shares held
139.9M
+560.3K (+0.4%) vs. Q1 2025
Total value
$23.0B
+$1.02B (+4.6%) vs. Q1 2025
New holders
66
199 more added
Sold out
42
178 more reduced

6 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: 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.

Institutional holdersQ2 2025: 542 institutions
Q1 2021: 428 institutionsQ2 2021: 446 institutionsQ3 2021: 448 institutionsQ4 2021: 498 institutionsQ1 2022: 513 institutionsQ2 2022: 487 institutionsQ3 2022: 470 institutionsQ4 2022: 487 institutionsQ1 2023: 490 institutionsQ2 2023: 493 institutionsQ3 2023: 492 institutionsQ4 2023: 488 institutionsQ1 2024: 500 institutionsQ2 2024: 479 institutionsQ3 2024: 491 institutionsQ4 2024: 486 institutionsQ1 2025: 524 institutionsQ2 2025: 542 institutionsQ3 2025: 572 institutionsQ4 2025: 611 institutionsQ1 2026: 639 institutionsQ2 2026: 664 institutions
Value heldQ2 2025: $23.0B
Q1 2021: $16.3BQ2 2021: $19.4BQ3 2021: $17.2BQ4 2021: $18.1BQ1 2022: $20.5BQ2 2022: $17.2BQ3 2022: $15.6BQ4 2022: $17.9BQ1 2023: $19.2BQ2 2023: $18.8BQ3 2023: $17.9BQ4 2023: $15.0BQ1 2024: $15.8BQ2 2024: $16.0BQ3 2024: $17.0BQ4 2024: $16.2BQ1 2025: $21.9BQ2 2025: $23.0BQ3 2025: $31.1BQ4 2025: $29.4BQ1 2026: $34.0BQ2 2026: $29.0B
Institutions holding FNV and their total value by quarter
QuarterHoldersValue
Q2 2026664$29.0B
Q1 2026639$34.0B
Q4 2025611$29.4B
Q3 2025572$31.1B
Q2 2025542$23.0B
Q1 2025524$21.9B
Q4 2024486$16.2B
Q3 2024491$17.0B
Q2 2024479$16.0B
Q1 2024500$15.8B
Q4 2023488$15.0B
Q3 2023492$17.9B
Q2 2023493$18.8B
Q1 2023490$19.2B
Q4 2022487$17.9B
Q3 2022470$15.6B
Q2 2022487$17.2B
Q1 2022513$20.5B
Q4 2021498$18.1B
Q3 2021448$17.2B
Q2 2021446$19.4B
Q1 2021428$16.3B

Institutions, Q2 2025

Shares, value and share of portfolio for each institution holding Franco Nevada Corp; share changes are against Q1 2025.

Institutions holding FNV in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
FMR LLC13,227,315$2.17B0.12%+1,109,317+9.2%Added
Massachusetts Financial Services Co11,702,413$1.92B0.61%−505,000−4.1%Reduced
FIL Ltd8,919,497$1.46B1.25%+110,835+1.3%Added
Vanguard Group Inc8,086,420$1.33B0.02%+241,081+3.1%Added
Capital World Investors8,040,380$1.32B0.19%+31,455+0.4%Added
Van Eck Associates Corp7,417,750$1.22B1.38%−282,916−3.7%Reduced
Bank of Montreal5,107,505$839.1M0.42%+90,477+1.8%Added
EdgePoint Investment Group Inc.3,558,461$584.6M4.42%−139,501−3.8%Reduced
Renaissance Technologies LLC3,257,949$534.0M0.71%+227,400+7.5%Added
Arrowstreet Capital, Limited Partnership3,220,029$528.3M0.37%+838,853+35.2%Added
First Eagle Investment Management, LLC3,202,237$526.1M1.05%−16,954−0.5%Reduced
Royal Bank of Canada2,987,231$489.7M0.10%+168,138+6.0%Added
Norges Bank2,801,365$460.2M0.06%+633,672+29.2%Added
Jarislowsky, Fraser Ltd2,797,010$458.3M2.62%−67,783−2.4%Reduced
TD Asset Management Inc2,011,787$329.6M0.28%+85,117+4.4%Added
Manufacturers Life Insurance Company, The1,900,526$310.6M0.28%−80,246−4.1%Reduced
Victory Capital Management Inc1,833,505$300.5M0.19%−705,430−27.8%Reduced
National Bank of Canada1,705,048$278.2M0.30%+102,264+6.4%Added
Connor, Clark & Lunn Investment Management Ltd.1,510,720$248.2M0.87%−194,769−11.4%Reduced
Geode Capital Management, LLC1,500,290$247.1M0.02%+252,540+20.2%Added
Price T Rowe Associates Inc1,477,352$242.2M0.03%−2,043,929−58.0%Reduced
Orbis Allan Gray Ltd1,412,097$231.5M1.13%−506,855−26.4%Reduced
M&G Plc1,387,517$228.4M1.26%−123,126−8.2%Reduced
Mackenzie Financial Corp1,342,815$220.6M0.29%−413,529−23.5%Reduced
Amundi1,211,835$199.3M0.07%+74,490+6.5%Added
CIBC World Markets Inc.1,181,889$194.2M0.43%−149,028−11.2%Reduced
Beutel, Goodman & Co Ltd.1,081,100$177.1M1.01%−51,012−4.5%Reduced
Horizon Kinetics Asset Management LLC1,043,546$171.1M2.03%+26,772+2.6%Added
Bank of America Corp1,037,415$170.1M0.01%−93,146−8.2%Reduced
JPMorgan Chase & Co1,033,783$169.5M0.01%+24,014+2.4%Added
Goldman Sachs Group Inc1,027,739$168.5M0.03%+283,270+38.0%Added
Two Sigma Advisers, LP1,011,800$165.9M0.34%−157,400−13.5%Reduced
1832 Asset Management L.P.955,738$156.7M0.27%−73,813−7.2%Reduced
Legal & General Group Plc930,718$152.5M0.04%+77,945+9.1%Added
CIBC Asset Management Inc924,752$152.1M0.48%−190,836−17.1%Reduced
Invesco Ltd.902,017$147.9M0.03%+473,697+110.6%Added
Morgan Stanley892,588$146.3M0.01%+46,245+5.5%Added
Canada Pension Plan Investment Board881,093$144.7M0.12%−2,200−0.2%Reduced
Deutsche Bank AG708,016$116.1M0.04%−113,314−13.8%Reduced
Clearbridge Investments, LLC683,899$112.1M0.09%−37,123−5.1%Reduced
Capital Research Global Investors633,035$103.8M0.02%+633,035New
Bank of Nova Scotia624,850$102.6M0.21%+10,775+1.8%Added
Two Sigma Investments, LP621,142$101.8M0.18%−41,791−6.3%Reduced
British Columbia Investment Management Corp610,478$100.3M0.58%−61,670−9.2%Reduced
Swiss National Bank585,360$95.7M0.06%+37,600+6.9%Added
Markel Group Inc.SuperinvestorMarkel Group569,500$93.4M0.79%+44,250+8.4%Added
Citadel Advisors LLC521,938$85.6M0.07%−243,542−31.8%Reduced
Picton Mahoney Asset Management493,035$80.6M1.14%+493,035New
Millennium Management LLC490,216$80.4M0.07%−235,535−32.5%Reduced
Scharf Investments, LLC478,933$78.5M2.26%+478,933New
Charles Schwab Investment Management Inc441,487$72.3M0.01%+13,922+3.3%Added
Chevy Chase Trust Holdings, Inc.424,451$69.6M0.20%−97,089−18.6%Reduced
Toronto Dominion Bank413,008$67.8M0.15%+46,628+12.7%Added
Federation des caisses Desjardins du Quebec404,153$64.8M0.28%−10,961−2.6%Reduced
Fiera Capital Corp377,608$62.0M0.21%+854+0.2%Added
Caisse de Depot Et Placement du Quebec368,044$60.3M0.13%+2,232+0.6%Added
Gilder Gagnon Howe & Co LLC350,236$57.4M0.61%+320,656+1,084.0%Added
BLI - Banque de Luxembourg Investments347,395$57.0M1.63%00.0%Unchanged
Bennbridge Ltd344,340$56.4M45.46%−31,000−8.3%Reduced
MUFG Securities (Canada), Ltd.326,430$53.5M1.63%+32,649+11.1%Added
Marathon Asset Mgmt Ltd324,920$53.2M1.71%−26,757−7.6%Reduced
Sprott Inc.311,133$51.0M2.55%+75,135+31.8%Added
Gabelli Funds LLC287,223$47.1M0.33%−637−0.2%Reduced
Carrhae Capital LLP274,946$45.1M4.31%+139,952+103.7%Added
Groupama Asset Managment275,481$44.4M0.74%+55,096+25.0%Added
Dimensional Fund Advisors LP262,642$43.0M0.01%+1,736+0.7%Added
American Century Companies Inc262,447$43.0M0.02%+23,761+10.0%Added
Allianz Asset Management GmbH254,911$41.8M0.06%−3,734−1.4%Reduced
TD Waterhouse Canada Inc.255,083$41.6M0.30%+4,206+1.7%Added
Wells Fargo & Company253,610$41.6M0.01%+155,049+157.3%Added
Aviso Financial Inc.253,237$41.6M1.87%+156,096+160.7%Added
Toroso Investments, LLC253,011$41.5M0.27%+2,351+0.9%Added
Covea Finance248,358$40.6M1.51%−37,812−13.2%Reduced
QV Investors Inc.246,397$40.4M3.96%+1,728+0.7%Added
D. E. Shaw & Co., Inc.237,471$39.0M0.04%+236,001+16,054.5%Added
Euro Pacific Asset Management, LLC228,628$37.5M6.04%+1,856+0.8%Added
St. James Investment Company, LLC220,876$36.2M5.84%+888+0.4%Added
BlackRock, Inc.216,917$35.6M0.00%−4,970−2.2%Reduced
UBS Group AG211,452$34.7M0.01%−269,896−56.1%Reduced
CI Private Wealth, LLC211,111$34.6M0.05%−4,641−2.2%Reduced
Nuveen, LLC202,341$33.2M0.01%−208−0.1%Reduced
UBS Asset Management Americas Inc190,433$31.2M0.01%−63,209−24.9%Reduced
Bank of New York Mellon Corp184,601$30.3M0.01%+8,758+5.0%Added
Annex Advisory Services, LLC180,403$29.6M0.71%−2,703−1.5%Reduced
Addenda Capital Inc.123,284$27.6M0.99%+116,738+1,783.3%Added
Spears Abacus Advisors LLC166,865$27.4M0.55%+2,972+1.8%Added
America First Investment Advisors, LLC165,073$27.1M5.40%−7,754−4.5%Reduced
Northern Trust Corp162,240$26.6M0.00%−10,435−6.0%Reduced
Scotia Capital Inc.153,244$25.1M0.12%+8,423+5.8%Added
Northwest & Ethical Investments L.P.153,061$25.1M0.62%+15,352+11.1%Added
Allspring Global Investments Holdings, LLC109,565$23.7M0.04%+8,617+8.5%Added
Aviva PLC143,886$23.6M0.05%+9,465+7.0%Added
Palisade Capital Management LLC142,812$23.4M0.66%−7,661−5.1%Reduced
Quadrature Capital Ltd142,000$23.2M0.40%+142,000New
Baird Financial Group, Inc.139,393$22.8M0.04%+1,998+1.5%Added
Alberta Investment Management Corp138,600$22.8M0.18%−374,071−73.0%Reduced
Ashford Capital Management Inc138,078$22.6M2.66%−9,886−6.7%Reduced
AXA S.A.131,760$21.6M0.06%+3,987+3.1%Added
Great West Life Assurance Co132,995$21.3M0.03%−5,426−3.9%Reduced
Schwartz Investment Counsel Inc126,700$20.8M0.68%+2,500+2.0%Added