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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, Q3 2025

Institutional positions in Franco Nevada Corp as of Sep 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
572
+36 vs. Q2 2025
Shares held
139.4M
+2.37M (+1.7%) vs. Q2 2025
Total value
$31.1B
+$8.56B (+38.1%) vs. Q2 2025
New holders
93
188 more added
Sold out
57
186 more reduced

6 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 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 holdersQ3 2025: 572 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 heldQ3 2025: $31.1B
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, Q3 2025

Shares, value and share of portfolio for each institution holding Franco Nevada Corp; share changes are against Q2 2025.

Institutions holding FNV in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
FMR LLC17,782,072$3.96B0.21%+4,554,757+34.4%Added
Massachusetts Financial Services Co11,667,204$2.60B0.81%−35,209−0.3%Reduced
Vanguard Group Inc8,216,318$1.83B0.03%+129,898+1.6%Added
Capital World Investors7,982,550$1.78B0.24%−57,830−0.7%Reduced
FIL Ltd6,857,798$1.53B1.20%−2,061,699−23.1%Reduced
Van Eck Associates Corp6,599,001$1.47B1.37%−818,749−11.0%Reduced
Bank of Montreal5,560,980$1.24B0.54%+453,475+8.9%Added
First Eagle Investment Management, LLC4,049,187$901.1M1.64%+846,950+26.4%Added
EdgePoint Investment Group Inc.3,544,113$788.7M5.89%−14,348−0.4%Reduced
Renaissance Technologies LLC2,849,418$635.2M0.84%−408,531−12.5%Reduced
Arrowstreet Capital, Limited Partnership2,777,718$618.7M0.39%−442,311−13.7%Reduced
Price T Rowe Associates Inc2,746,483$612.2M0.07%+1,269,131+85.9%Added
Royal Bank of Canada2,547,852$567.9M0.10%−439,379−14.7%Reduced
Jarislowsky, Fraser Ltd2,462,713$548.3M3.01%−334,297−12.0%Reduced
Mackenzie Financial Corp2,363,324$525.9M0.64%+1,020,509+76.0%Added
TD Asset Management Inc2,030,684$452.1M0.37%+18,897+0.9%Added
Geode Capital Management, LLC1,734,581$391.4M0.02%+234,291+15.6%Added
GQG Partners LLC1,716,000$382.0M0.59%+1,716,000New
Victory Capital Management Inc1,586,710$353.7M0.22%−246,795−13.5%Reduced
National Bank of Canada1,551,557$345.3M0.39%−153,491−9.0%Reduced
Deutsche Bank AG1,445,575$322.2M0.11%+737,559+104.2%Added
Manufacturers Life Insurance Company, The1,431,992$318.8M0.26%−468,534−24.7%Reduced
Orbis Allan Gray Ltd1,418,367$316.2M1.36%+6,270+0.4%Added
CIBC World Markets Inc.1,075,402$239.3M0.50%−106,487−9.0%Reduced
M&G Plc1,034,226$230.3M1.23%−353,291−25.5%Reduced
Goldman Sachs Group Inc1,021,286$227.7M0.03%−6,453−0.6%Reduced
JPMorgan Chase & Co1,014,235$226.1M0.01%−19,548−1.9%Reduced
Horizon Kinetics Asset Management LLC1,012,362$225.7M2.75%−31,184−3.0%Reduced
Amundi1,016,098$225.4M0.07%−195,737−16.2%Reduced
Beutel, Goodman & Co Ltd.999,536$222.5M1.34%−81,564−7.5%Reduced
Legal & General Group Plc986,672$219.7M0.05%+55,954+6.0%Added
Two Sigma Advisers, LP952,102$212.2M0.42%−59,698−5.9%Reduced
Invesco Ltd.944,620$210.6M0.03%+42,603+4.7%Added
Canada Pension Plan Investment Board925,093$205.9M0.14%+44,000+5.0%Added
1832 Asset Management L.P.921,233$205.4M0.35%−34,505−3.6%Reduced
CIBC Asset Management Inc815,778$181.8M0.53%−108,974−11.8%Reduced
Connor, Clark & Lunn Investment Management Ltd.810,364$180.3M0.57%−700,356−46.4%Reduced
Bank of America Corp754,227$168.1M0.01%−283,188−27.3%Reduced
Morgan Stanley752,474$167.7M0.01%−140,114−15.7%Reduced
Clearbridge Investments, LLC669,383$149.2M0.11%−14,516−2.1%Reduced
Capital Research Global Investors638,396$142.2M0.03%+5,361+0.8%Added
Bank of Nova Scotia608,736$135.5M0.24%−16,114−2.6%Reduced
Markel Group Inc.SuperinvestorMarkel Group605,500$135.0M1.10%+36,000+6.3%Added
Scharf Investments, LLC597,744$133.2M3.35%+118,811+24.8%Added
Picton Mahoney Asset Management591,206$131.6M1.68%+98,171+19.9%Added
Swiss National Bank554,360$123.4M0.07%−31,000−5.3%Reduced
Two Sigma Investments, LP515,796$115.0M0.18%−105,346−17.0%Reduced
Toronto Dominion Bank506,660$112.7M0.22%+93,652+22.7%Added
Toroso Investments, LLC493,651$110.0M0.47%+240,640+95.1%Added
Chevy Chase Trust Holdings, Inc.469,201$104.6M0.29%+44,750+10.5%Added
Charles Schwab Investment Management Inc435,180$96.9M0.02%−6,307−1.4%Reduced
British Columbia Investment Management Corp425,516$94.7M0.54%−184,962−30.3%Reduced
Fiera Capital Corp397,350$88.4M0.29%+19,742+5.2%Added
Allianz Asset Management GmbH385,898$85.9M0.11%+130,987+51.4%Added
Caisse de Depot Et Placement du Quebec373,654$83.2M0.15%+5,610+1.5%Added
Aviso Financial Inc.359,973$80.1M3.26%+106,736+42.1%Added
Federation des caisses Desjardins du Quebec349,708$77.9M0.31%−54,445−13.5%Reduced
Gilder Gagnon Howe & Co LLC348,596$77.7M0.79%−1,640−0.5%Reduced
Wells Fargo & Company337,952$75.3M0.02%+84,342+33.3%Added
MUFG Securities (Canada), Ltd.318,870$71.0M1.98%−7,560−2.3%Reduced
Marathon Asset Mgmt Ltd306,723$68.3M2.51%−18,197−5.6%Reduced
BLI - Banque de Luxembourg Investments280,695$62.6M1.82%−66,700−19.2%Reduced
Dimensional Fund Advisors LP270,963$60.4M0.01%+8,321+3.2%Added
TD Waterhouse Canada Inc.275,747$59.6M0.39%+20,664+8.1%Added
Gabelli Funds LLC261,536$58.3M0.39%−25,687−8.9%Reduced
UBS Group AG259,996$58.0M0.01%+48,544+23.0%Added
American Century Companies Inc252,318$56.2M0.03%−10,129−3.9%Reduced
QV Investors Inc.244,138$54.4M4.70%−2,259−0.9%Reduced
Korea Investment CORP243,749$54.3M0.11%+120,595+97.9%Added
Covea Finance241,058$53.6M1.87%−7,300−2.9%Reduced
Sprott Inc.240,505$53.6M2.01%−70,628−22.7%Reduced
Bennbridge Ltd242,653$50.8M35.43%−101,687−29.5%Reduced
BlackRock, Inc.223,757$49.9M0.00%+6,840+3.2%Added
Euro Pacific Asset Management, LLC234,129$48.8M5.89%+5,501+2.4%Added
St. James Investment Company, LLC216,901$48.3M7.59%−3,975−1.8%Reduced
CI Private Wealth, LLC206,775$46.1M0.07%−4,336−2.1%Reduced
Nuveen, LLC203,474$45.3M0.01%+1,133+0.6%Added
Bank of New York Mellon Corp196,630$43.8M0.01%+12,029+6.5%Added
Annex Advisory Services, LLC190,636$42.5M0.90%+10,233+5.7%Added
Groupama Asset Managment185,601$41.4M0.61%−89,880−32.6%Reduced
Spears Abacus Advisors LLC177,356$39.5M0.75%+10,491+6.3%Added
Northern Trust Corp175,863$39.2M0.01%+13,623+8.4%Added
Scotia Capital Inc.162,069$36.1M0.15%+8,825+5.8%Added
America First Investment Advisors, LLC157,936$35.2M6.54%−7,137−4.3%Reduced
Northwest & Ethical Investments L.P.154,345$34.3M0.81%+1,284+0.8%Added
Aviva PLC152,787$34.0M0.06%+8,901+6.2%Added
Allspring Global Investments Holdings, LLC114,465$33.8M0.05%+4,900+4.5%Added
Addenda Capital Inc.108,238$33.5M0.99%−15,046−12.2%Reduced
Telemark Asset Management, LLC150,000$33.4M3.17%+50,000+50.0%Added
CWA Asset Management Group, LLC145,457$32.4M1.20%+67,909+87.6%Added
Scheer, Rowlett & Associates Investment Management Ltd.144,405$32.1M1.92%+144,405New
Baird Financial Group, Inc.137,150$30.6M0.05%−2,243−1.6%Reduced
Palisade Capital Management LLC132,388$29.5M0.80%−10,424−7.3%Reduced
Schwartz Investment Counsel Inc126,700$28.2M0.95%00.0%Unchanged
Ashford Capital Management Inc126,252$28.1M3.13%−11,826−8.6%Reduced
Great West Life Assurance Co123,665$26.6M0.04%−9,330−7.0%Reduced
D. E. Shaw & Co., Inc.113,142$25.2M0.02%−124,329−52.4%Reduced
AXA Investment Managers S.A.112,699$25.1M0.07%+112,699New
Carrhae Capital LLP112,054$25.0M2.37%−162,892−59.2%Reduced
Intact Investment Management Inc.112,120$25.0M0.76%+72,980+186.5%Added