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, Q4 2025
Institutional positions in Franco Nevada Corp as of Dec 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
- 611
- +51 vs. Q3 2025
- Shares held
- 141.7M
- +4.89M (+3.6%) vs. Q3 2025
- Total value
- $29.4B
- −$1.06B (−3.5%) vs. Q3 2025
- New holders
- 105
- 214 more added
- Sold out
- 54
- 188 more reduced
12 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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, Q4 2025
Shares, value and share of portfolio for each institution holding Franco Nevada Corp; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Telemark Asset Management, LLC | 100,000 | $20.7M | 2.07% | −50,000−33.3% | Reduced |
| HighTower Advisors, LLC | 102,591 | $21.3M | 0.02% | +17,782+21.0% | Added |
| Citigroup Inc | 105,947 | $22.0M | 0.01% | +30,407+40.3% | Added |
| CI Private Wealth, LLC | 114,180 | $23.8M | 0.03% | −92,595−44.8% | Reduced |
| Man Group plc | 114,589 | $23.8M | 0.05% | +30,986+37.1% | Added |
| Qube Research & Technologies Ltd | 117,739 | $24.4M | 0.03% | +98,970+527.3% | Added |
| Raymond James Financial Inc | 119,426 | $24.8M | 0.01% | +9,867+9.0% | Added |
| Korea Investment CORP | 120,916 | $25.1M | 0.05% | −122,833−50.4% | Reduced |
| Barclays PLC | 121,922 | $25.3M | 0.01% | +51,032+72.0% | Added |
| State of Tennessee, Treasury Department | 108,819 | $25.6M | 0.08% | −1,722−1.6% | Reduced |
| Russell Investments Group, Ltd. | 123,483 | $25.6M | 0.03% | +17,796+16.8% | Added |
| Schwartz Investment Counsel Inc | 125,700 | $26.1M | 0.91% | −1,000−0.8% | Reduced |
| Palisade Capital Management LLC | 129,664 | $26.9M | 0.80% | −2,724−2.1% | Reduced |
| Wells Fargo & Company | 129,745 | $26.9M | 0.01% | −208,207−61.6% | Reduced |
| Quadrature Capital Ltd | 130,600 | $27.1M | 0.28% | +130,600 | New |
| Great West Life Assurance Co | 135,915 | $28.1M | 0.05% | +12,250+9.9% | Added |
| Baird Financial Group, Inc. | 136,931 | $28.4M | 0.04% | −219−0.2% | Reduced |
| Scheer, Rowlett & Associates Investment Management Ltd. | 143,350 | $29.7M | 2.04% | −1,055−0.7% | Reduced |
| Northwest & Ethical Investments L.P. | 144,606 | $30.0M | 0.68% | −9,739−6.3% | Reduced |
| Gabelli Funds LLC | 146,270 | $30.3M | 0.21% | −115,266−44.1% | Reduced |
| America First Investment Advisors, LLC | 146,440 | $30.4M | 5.53% | −11,496−7.3% | Reduced |
| MUFG Securities EMEA plc | 150,000 | $31.1M | 0.36% | +150,000 | New |
| Allspring Global Investments Holdings, LLC | 114,465 | $31.1M | 0.05% | 00.0% | Unchanged |
| CWA Asset Management Group, LLC | 154,592 | $32.0M | 1.16% | +9,135+6.3% | Added |
| Scotia Capital Inc. | 155,449 | $32.1M | 0.13% | −6,620−4.1% | Reduced |
| Federation des caisses Desjardins du Quebec | 160,990 | $33.2M | 0.13% | −188,718−54.0% | Reduced |
| Aviva PLC | 161,254 | $33.5M | 0.06% | +8,467+5.5% | Added |
| Northern Trust Corp | 174,878 | $36.2M | 0.00% | −985−0.6% | Reduced |
| Spears Abacus Advisors LLC | 176,862 | $36.7M | 0.69% | −494−0.3% | Reduced |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 132,711 | $37.8M | 0.04% | +129,104+3,579.3% | Added |
| Groupama Asset Managment | 184,641 | $38.3M | 0.56% | −960−0.5% | Reduced |
| Marshall Wace, LLP | 192,313 | $39.9M | 0.04% | +186,654+3,298.4% | Added |
| Bank of New York Mellon Corp | 198,978 | $41.2M | 0.01% | +2,348+1.2% | Added |
| Annex Advisory Services, LLC | 199,972 | $41.5M | 0.79% | +9,336+4.9% | Added |
| Nuveen, LLC | 203,835 | $42.3M | 0.01% | +361+0.2% | Added |
| Intact Investment Management Inc. | 206,208 | $42.7M | 1.23% | +94,088+83.9% | Added |
| Covea Finance | 208,258 | $43.3M | 1.43% | −32,800−13.6% | Reduced |
| St. James Investment Company, LLC | 215,261 | $44.6M | 7.16% | −1,640−0.8% | Reduced |
| Bennbridge Ltd | 218,953 | $45.4M | 35.38% | −23,700−9.8% | Reduced |
| Euro Pacific Asset Management, LLC | 236,967 | $46.7M | 5.18% | +2,838+1.2% | Added |
| Carmignac Gestion | 225,511 | $46.7M | 0.63% | +200,376+797.2% | Added |
| QV Investors Inc. | 226,560 | $47.0M | 3.85% | −17,578−7.2% | Reduced |
| BlackRock, Inc. | 232,310 | $48.2M | 0.00% | +8,553+3.8% | Added |
| Sprott Inc. | 237,666 | $49.3M | 1.77% | −2,839−1.2% | Reduced |
| D. E. Shaw & Co., Inc. | 240,528 | $49.9M | 0.04% | +127,386+112.6% | Added |
| BLI - Banque de Luxembourg Investments | 257,495 | $53.5M | 1.57% | −23,200−8.3% | Reduced |
| Dimensional Fund Advisors LP | 265,191 | $55.0M | 0.01% | −5,772−2.1% | Reduced |
| UBS Group AG | 266,574 | $55.3M | 0.01% | +6,578+2.5% | Added |
| Addenda Capital Inc. | 203,643 | $57.9M | 1.70% | +95,405+88.1% | Added |
| TD Waterhouse Canada Inc. | 284,337 | $58.6M | 0.36% | +8,590+3.1% | Added |
| Marathon Asset Mgmt Ltd | 288,741 | $59.9M | 2.31% | −17,982−5.9% | Reduced |
| MUFG Securities (Canada), Ltd. | 293,527 | $60.9M | 1.69% | −25,343−7.9% | Reduced |
| Carrhae Capital LLP | 293,772 | $60.9M | 4.06% | +181,718+162.2% | Added |
| American Century Companies Inc | 320,812 | $66.5M | 0.03% | +68,494+27.1% | Added |
| Gilder Gagnon Howe & Co LLC | 341,137 | $70.7M | 0.75% | −7,459−2.1% | Reduced |
| Fiera Capital Corp | 359,750 | $74.6M | 0.24% | −37,600−9.5% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 377,962 | $78.3M | 0.21% | −432,402−53.4% | Reduced |
| Aviso Financial Inc. | 398,108 | $82.5M | 3.14% | +38,135+10.6% | Added |
| Two Sigma Investments, LP | 406,597 | $84.3M | 0.13% | −109,199−21.2% | Reduced |
| Allianz Asset Management GmbH | 428,510 | $88.9M | 0.10% | +42,612+11.0% | Added |
| Charles Schwab Investment Management Inc | 440,483 | $91.4M | 0.01% | +5,303+1.2% | Added |
| Bank of Nova Scotia | 461,758 | $95.7M | 0.14% | −146,978−24.1% | Reduced |
| Chevy Chase Trust Holdings, Inc. | 485,486 | $100.6M | 0.27% | +16,285+3.5% | Added |
| Swiss National Bank | 510,760 | $106.1M | 0.06% | −43,600−7.9% | Reduced |
| Toronto Dominion Bank | 570,896 | $118.3M | 0.21% | +64,236+12.7% | Added |
| British Columbia Investment Management Corp | 612,815 | $127.0M | 0.67% | +187,299+44.0% | Added |
| Toroso Investments, LLC | 613,832 | $127.2M | 0.53% | +120,181+24.3% | Added |
| Picton Mahoney Asset Management | 630,703 | $130.9M | 1.43% | +39,497+6.7% | Added |
| Clearbridge Investments, LLC | 647,433 | $134.2M | 0.11% | −21,950−3.3% | Reduced |
| Markel Group Inc.SuperinvestorMarkel Group | 683,500 | $141.7M | 1.13% | +78,000+12.9% | Added |
| Scharf Investments, LLC | 692,209 | $143.5M | 3.85% | +94,465+15.8% | Added |
| CIBC Asset Management Inc | 692,194 | $143.9M | 0.35% | −123,584−15.1% | Reduced |
| Bank of America Corp | 785,263 | $162.8M | 0.01% | +31,036+4.1% | Added |
| Two Sigma Advisers, LP | 803,300 | $166.5M | 0.32% | −148,802−15.6% | Reduced |
| JPMorgan Chase & Co | 832,544 | $172.6M | 0.01% | −181,691−17.9% | Reduced |
| Morgan Stanley | 906,771 | $188.0M | 0.01% | +154,297+20.5% | Added |
| Beutel, Goodman & Co Ltd. | 927,474 | $192.5M | 1.18% | −72,062−7.2% | Reduced |
| Horizon Kinetics Asset Management LLC | 968,101 | $200.7M | 2.71% | −44,261−4.4% | Reduced |
| Goldman Sachs Group Inc | 999,645 | $207.2M | 0.03% | −21,641−2.1% | Reduced |
| M&G Plc | 1,025,755 | $213.0M | 1.09% | −8,471−0.8% | Reduced |
| Legal & General Group Plc | 1,044,515 | $216.8M | 0.05% | +57,843+5.9% | Added |
| Manufacturers Life Insurance Company, The | 1,050,159 | $218.1M | 0.18% | −381,833−26.7% | Reduced |
| Invesco Ltd. | 1,070,436 | $221.9M | 0.02% | +125,816+13.3% | Added |
| Amundi | 1,140,962 | $236.5M | 0.06% | +124,864+12.3% | Added |
| Canada Pension Plan Investment Board | 1,182,118 | $245.0M | 0.16% | +257,025+27.8% | Added |
| Victory Capital Management Inc | 1,197,679 | $248.3M | 0.14% | −389,031−24.5% | Reduced |
| Capital Research Global Investors | 1,277,889 | $264.9M | 0.05% | +639,493+100.2% | Added |
| National Bank of Canada | 1,299,180 | $268.9M | 0.28% | −252,377−16.3% | Reduced |
| CIBC World Markets Inc. | 1,357,815 | $281.5M | 0.50% | +282,413+26.3% | Added |
| Orbis Allan Gray Ltd | 1,409,189 | $292.1M | 1.22% | −9,178−0.6% | Reduced |
| GQG Partners LLC | 1,746,117 | $362.4M | 0.60% | +30,117+1.8% | Added |
| Deutsche Bank AG | 1,889,414 | $391.6M | 0.13% | +443,839+30.7% | Added |
| TD Asset Management Inc | 1,959,620 | $406.7M | 0.33% | −71,064−3.5% | Reduced |
| Geode Capital Management, LLC | 1,932,148 | $412.4M | 0.03% | +197,567+11.4% | Added |
| Mackenzie Financial Corp | 2,305,983 | $479.0M | 0.57% | −57,341−2.4% | Reduced |
| Arrowstreet Capital, Limited Partnership | 2,365,197 | $490.3M | 0.29% | −412,521−14.9% | Reduced |
| Price T Rowe Associates Inc | 2,477,975 | $513.6M | 0.06% | −268,508−9.8% | Reduced |
| Renaissance Technologies LLC | 2,478,118 | $513.7M | 0.80% | −371,300−13.0% | Reduced |
| 1832 Asset Management L.P. | 2,602,355 | $539.4M | 0.68% | +1,681,122+182.5% | Added |
| Norges Bank | 2,791,151 | $578.6M | 0.06% | +2,791,151 | New |