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.
| 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, Q3 2025
Shares, value and share of portfolio for each institution holding Franco Nevada Corp; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Bennbridge Ltd | 242,653 | $50.8M | 35.43% | −101,687−29.5% | Reduced |
| Sprott Inc. | 240,505 | $53.6M | 2.01% | −70,628−22.7% | Reduced |
| Covea Finance | 241,058 | $53.6M | 1.87% | −7,300−2.9% | Reduced |
| Korea Investment CORP | 243,749 | $54.3M | 0.11% | +120,595+97.9% | Added |
| QV Investors Inc. | 244,138 | $54.4M | 4.70% | −2,259−0.9% | Reduced |
| American Century Companies Inc | 252,318 | $56.2M | 0.03% | −10,129−3.9% | Reduced |
| UBS Group AG | 259,996 | $58.0M | 0.01% | +48,544+23.0% | Added |
| Gabelli Funds LLC | 261,536 | $58.3M | 0.39% | −25,687−8.9% | Reduced |
| TD Waterhouse Canada Inc. | 275,747 | $59.6M | 0.39% | +20,664+8.1% | Added |
| Dimensional Fund Advisors LP | 270,963 | $60.4M | 0.01% | +8,321+3.2% | Added |
| BLI - Banque de Luxembourg Investments | 280,695 | $62.6M | 1.82% | −66,700−19.2% | Reduced |
| Marathon Asset Mgmt Ltd | 306,723 | $68.3M | 2.51% | −18,197−5.6% | Reduced |
| MUFG Securities (Canada), Ltd. | 318,870 | $71.0M | 1.98% | −7,560−2.3% | Reduced |
| Wells Fargo & Company | 337,952 | $75.3M | 0.02% | +84,342+33.3% | Added |
| Gilder Gagnon Howe & Co LLC | 348,596 | $77.7M | 0.79% | −1,640−0.5% | Reduced |
| Federation des caisses Desjardins du Quebec | 349,708 | $77.9M | 0.31% | −54,445−13.5% | Reduced |
| Aviso Financial Inc. | 359,973 | $80.1M | 3.26% | +106,736+42.1% | Added |
| Caisse de Depot Et Placement du Quebec | 373,654 | $83.2M | 0.15% | +5,610+1.5% | Added |
| Allianz Asset Management GmbH | 385,898 | $85.9M | 0.11% | +130,987+51.4% | Added |
| Fiera Capital Corp | 397,350 | $88.4M | 0.29% | +19,742+5.2% | Added |
| British Columbia Investment Management Corp | 425,516 | $94.7M | 0.54% | −184,962−30.3% | Reduced |
| Charles Schwab Investment Management Inc | 435,180 | $96.9M | 0.02% | −6,307−1.4% | Reduced |
| Chevy Chase Trust Holdings, Inc. | 469,201 | $104.6M | 0.29% | +44,750+10.5% | Added |
| Toroso Investments, LLC | 493,651 | $110.0M | 0.47% | +240,640+95.1% | Added |
| Toronto Dominion Bank | 506,660 | $112.7M | 0.22% | +93,652+22.7% | Added |
| Two Sigma Investments, LP | 515,796 | $115.0M | 0.18% | −105,346−17.0% | Reduced |
| Swiss National Bank | 554,360 | $123.4M | 0.07% | −31,000−5.3% | Reduced |
| Picton Mahoney Asset Management | 591,206 | $131.6M | 1.68% | +98,171+19.9% | Added |
| Scharf Investments, LLC | 597,744 | $133.2M | 3.35% | +118,811+24.8% | Added |
| Markel Group Inc.SuperinvestorMarkel Group | 605,500 | $135.0M | 1.10% | +36,000+6.3% | Added |
| Bank of Nova Scotia | 608,736 | $135.5M | 0.24% | −16,114−2.6% | Reduced |
| Capital Research Global Investors | 638,396 | $142.2M | 0.03% | +5,361+0.8% | Added |
| Clearbridge Investments, LLC | 669,383 | $149.2M | 0.11% | −14,516−2.1% | Reduced |
| Morgan Stanley | 752,474 | $167.7M | 0.01% | −140,114−15.7% | Reduced |
| Bank of America Corp | 754,227 | $168.1M | 0.01% | −283,188−27.3% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 810,364 | $180.3M | 0.57% | −700,356−46.4% | Reduced |
| CIBC Asset Management Inc | 815,778 | $181.8M | 0.53% | −108,974−11.8% | Reduced |
| 1832 Asset Management L.P. | 921,233 | $205.4M | 0.35% | −34,505−3.6% | Reduced |
| Canada Pension Plan Investment Board | 925,093 | $205.9M | 0.14% | +44,000+5.0% | Added |
| Invesco Ltd. | 944,620 | $210.6M | 0.03% | +42,603+4.7% | Added |
| Two Sigma Advisers, LP | 952,102 | $212.2M | 0.42% | −59,698−5.9% | Reduced |
| Legal & General Group Plc | 986,672 | $219.7M | 0.05% | +55,954+6.0% | Added |
| Beutel, Goodman & Co Ltd. | 999,536 | $222.5M | 1.34% | −81,564−7.5% | Reduced |
| Amundi | 1,016,098 | $225.4M | 0.07% | −195,737−16.2% | Reduced |
| Horizon Kinetics Asset Management LLC | 1,012,362 | $225.7M | 2.75% | −31,184−3.0% | Reduced |
| JPMorgan Chase & Co | 1,014,235 | $226.1M | 0.01% | −19,548−1.9% | Reduced |
| Goldman Sachs Group Inc | 1,021,286 | $227.7M | 0.03% | −6,453−0.6% | Reduced |
| M&G Plc | 1,034,226 | $230.3M | 1.23% | −353,291−25.5% | Reduced |
| CIBC World Markets Inc. | 1,075,402 | $239.3M | 0.50% | −106,487−9.0% | Reduced |
| Orbis Allan Gray Ltd | 1,418,367 | $316.2M | 1.36% | +6,270+0.4% | Added |
| Manufacturers Life Insurance Company, The | 1,431,992 | $318.8M | 0.26% | −468,534−24.7% | Reduced |
| Deutsche Bank AG | 1,445,575 | $322.2M | 0.11% | +737,559+104.2% | Added |
| National Bank of Canada | 1,551,557 | $345.3M | 0.39% | −153,491−9.0% | Reduced |
| Victory Capital Management Inc | 1,586,710 | $353.7M | 0.22% | −246,795−13.5% | Reduced |
| GQG Partners LLC | 1,716,000 | $382.0M | 0.59% | +1,716,000 | New |
| Geode Capital Management, LLC | 1,734,581 | $391.4M | 0.02% | +234,291+15.6% | Added |
| TD Asset Management Inc | 2,030,684 | $452.1M | 0.37% | +18,897+0.9% | Added |
| Mackenzie Financial Corp | 2,363,324 | $525.9M | 0.64% | +1,020,509+76.0% | Added |
| Jarislowsky, Fraser Ltd | 2,462,713 | $548.3M | 3.01% | −334,297−12.0% | Reduced |
| Royal Bank of Canada | 2,547,852 | $567.9M | 0.10% | −439,379−14.7% | Reduced |
| Price T Rowe Associates Inc | 2,746,483 | $612.2M | 0.07% | +1,269,131+85.9% | Added |
| Arrowstreet Capital, Limited Partnership | 2,777,718 | $618.7M | 0.39% | −442,311−13.7% | Reduced |
| Renaissance Technologies LLC | 2,849,418 | $635.2M | 0.84% | −408,531−12.5% | Reduced |
| EdgePoint Investment Group Inc. | 3,544,113 | $788.7M | 5.89% | −14,348−0.4% | Reduced |
| First Eagle Investment Management, LLC | 4,049,187 | $901.1M | 1.64% | +846,950+26.4% | Added |
| Bank of Montreal | 5,560,980 | $1.24B | 0.54% | +453,475+8.9% | Added |
| Van Eck Associates Corp | 6,599,001 | $1.47B | 1.37% | −818,749−11.0% | Reduced |
| FIL Ltd | 6,857,798 | $1.53B | 1.20% | −2,061,699−23.1% | Reduced |
| Capital World Investors | 7,982,550 | $1.78B | 0.24% | −57,830−0.7% | Reduced |
| Vanguard Group Inc | 8,216,318 | $1.83B | 0.03% | +129,898+1.6% | Added |
| Massachusetts Financial Services Co | 11,667,204 | $2.60B | 0.81% | −35,209−0.3% | Reduced |
| FMR LLC | 17,782,072 | $3.96B | 0.21% | +4,554,757+34.4% | Added |
| Citadel Advisors LLC | 0 | $0 | 0.00% | −521,938−100.0% | Sold out |
| UBS Asset Management Americas Inc | 0 | $0 | 0.00% | −190,433−100.0% | Sold out |
| Quadrature Capital Ltd | 0 | $0 | 0.00% | −142,000−100.0% | Sold out |
| AXA S.A. | 0 | $0 | 0.00% | −131,760−100.0% | Sold out |
| Aquatic Capital Management LLC | 0 | $0 | 0.00% | −68,640−100.0% | Sold out |
| Quantbot Technologies LP | 0 | $0 | 0.00% | −66,245−100.0% | Sold out |
| Montrusco Bolton Investments Inc. | 0 | $0 | 0.00% | −54,849−100.0% | Sold out |
| Castle Hook Partners LP | 0 | $0 | 0.00% | −45,730−100.0% | Sold out |
| Ontario Teachers Pension Plan Board | 0 | $0 | 0.00% | −27,111−100.0% | Sold out |
| Schonfeld Strategic Advisors LLC | 0 | $0 | 0.00% | −24,827−100.0% | Sold out |
| Squarepoint Ops LLC | 0 | $0 | 0.00% | −22,382−100.0% | Sold out |
| Louisbourg Investments Inc. | 0 | $0 | 0.00% | −18,500−100.0% | Sold out |
| Y-Intercept (Hong Kong) Ltd | 0 | $0 | 0.00% | −17,048−100.0% | Sold out |
| Envestnet Portfolio Solutions, Inc. | 0 | $0 | 0.00% | −14,767−100.0% | Sold out |
| Zurich Insurance Group Ltd | 0 | $0 | 0.00% | −14,300−100.0% | Sold out |
| Caption Management, LLC | 0 | $0 | 0.00% | −13,245−100.0% | Sold out |
| 111 Capital | 0 | $0 | 0.00% | −11,388−100.0% | Sold out |
| Paragon Associates & Paragon Associates II Joint Venture | 0 | $0 | 0.00% | −10,000−100.0% | Sold out |
| Aigen Investment Management, LP | 0 | $0 | 0.00% | −9,066−100.0% | Sold out |
| Balyasny Asset Management LLC | 0 | $0 | 0.00% | −9,633−100.0% | Sold out |
| XTX Topco Ltd | 0 | $0 | 0.00% | −8,932−100.0% | Sold out |
| PDT Partners, LLC | 0 | $0 | 0.00% | −7,422−100.0% | Sold out |
| Worldquant Millennium Advisors LLC | 0 | $0 | 0.00% | −5,878−100.0% | Sold out |
| Alps Advisors Inc | 0 | $0 | 0.00% | −5,422−100.0% | Sold out |
| Dynamic Technology Lab Private Ltd | 0 | $0 | 0.00% | −5,220−100.0% | Sold out |
| Tableaux LLC | 0 | $0 | 0.00% | −5,191−100.0% | Sold out |
| SIG North Trading, ULC | 0 | $0 | 0.00% | −4,457−100.0% | Sold out |
| Barometer Capital Management Inc. | 0 | $0 | 0.00% | −3,235−100.0% | Sold out |