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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, 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.

Institutional holdersQ4 2025: 611 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 heldQ4 2025: $29.4B
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, Q4 2025

Shares, value and share of portfolio for each institution holding Franco Nevada Corp; share changes are against Q3 2025.

Institutions holding FNV in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Royal Bank of Canada2,808,645$582.2M0.10%+260,793+10.2%Added
EdgePoint Investment Group Inc.3,351,002$694.6M5.70%−193,111−5.4%Reduced
First Eagle Investment Management, LLC5,123,444$1.06B1.87%+1,074,257+26.5%Added
Capital World Investors5,207,241$1.08B0.15%−2,775,309−34.8%Reduced
Bank of Montreal5,231,145$1.08B0.44%−329,835−5.9%Reduced
FIL Ltd6,016,926$1.25B0.93%−840,872−12.3%Reduced
Van Eck Associates Corp7,441,133$1.54B1.27%+842,132+12.8%Added
Vanguard Group Inc8,330,234$1.73B0.03%+113,916+1.4%Added
Massachusetts Financial Services Co11,688,537$2.42B0.78%+21,333+0.2%Added
FMR LLC20,332,087$4.21B0.21%+2,550,015+14.3%Added
Banque de Luxembourg S.A.2,100––00.0%Unchanged
Erste Asset Management GmbH0$00.00%−4,720−100.0%Sold out
Adage Capital Partners GP, L.L.C.0$00.00%−100,000−100.0%Sold out
FengHe Fund Management Pte. Ltd.0$00.00%−70,400−100.0%Sold out
New York State Common Retirement Fund0$00.00%−66,900−100.0%Sold out
Armor Advisors, L.L.C.0$00.00%−63,812−100.0%Sold out
HRT Financial LP0$00.00%−29,027−100.0%Sold out
Concorde Financial Corp0$00.00%−21,794−100.0%Sold out
Fairfax Financial Holdings LtdSuperinvestorFairfax Financial0$00.00%−16,800−100.0%Sold out
Amiral Gestion0$00.00%−16,000−100.0%Sold out
Graham Capital Management, L.P.0$00.00%−12,394−100.0%Sold out
Verition Fund Management LLC0$00.00%−8,288−100.0%Sold out
Centiva Capital, LP0$00.00%−8,035−100.0%Sold out
GeoSphere Capital Management, LLC0$00.00%−8,000−100.0%Sold out
Brevan Howard Capital Management LP0$00.00%−5,997−100.0%Sold out
ExodusPoint Capital Management, LP0$00.00%−4,489−100.0%Sold out
Weiss Asset Management LP0$00.00%−4,076−100.0%Sold out
Quantessence Capital LLC0$00.00%−3,941−100.0%Sold out
Arizona State Retirement System0$00.00%−3,400−100.0%Sold out
Natixis0$00.00%−2,684−100.0%Sold out
Gruss & Co., LLC0$00.00%−2,500−100.0%Sold out
Verity Asset Management, Inc.0$00.00%−2,494−100.0%Sold out
Engineers Gate Manager LP0$00.00%−2,245−100.0%Sold out
Strategic Financial Concepts, LLC0$00.00%−2,233−100.0%Sold out
Catalyst Funds Management Pty Ltd0$00.00%−2,000−100.0%Sold out
Waverton Investment Management Ltd0$00.00%−1,798−100.0%Sold out
Triasima Portfolio Management inc.0$00.00%−1,683−100.0%Sold out
Sanders Morris Harris LLC0$00.00%−1,610−100.0%Sold out
Acadian Asset Management LLC0$00.00%−1,500−100.0%Sold out
Kingsview Wealth Management, LLC0$00.00%−1,486−100.0%Sold out
Capstone Investment Advisors, LLC0$00.00%−1,439−100.0%Sold out
Cladis Investment Advisory, LLC0$00.00%−1,400−100.0%Sold out
Spinnaker Investment Group, LLC0$00.00%−1,229−100.0%Sold out
Fortress Wealth Group, LLC0$00.00%−1,358−100.0%Sold out
Legacy Financial Advisors, Inc.0$00.00%−1,036−100.0%Sold out
Fermata Advisors, LLC0$00.00%−1,023−100.0%Sold out
SG Americas Securities, LLC0$00.00%−1,000−100.0%Sold out
Empowered Funds, LLC0$00.00%−997−100.0%Sold out
Net Worth Advisory Group0$00.00%−989−100.0%Sold out
Sheets Smith Wealth Management0$00.00%−959−100.0%Sold out
Davenport & Co LLC0$00.00%−942−100.0%Sold out
Jeppson Wealth Management, LLC0$00.00%−905−100.0%Sold out
Grant Private Wealth Management Inc0$00.00%−898−100.0%Sold out
Perritt Capital Management Inc0$00.00%−870−100.0%Sold out
Plato Investment Management Ltd0$00.00%−574−100.0%Sold out
Compagnie Lombard Odier SCmA0$00.00%−351−100.0%Sold out
Wealthspire Advisors, LLC0$00.00%−349−100.0%Sold out
Principal Securities, Inc.0$00.00%−342−100.0%Sold out
Manchester Capital Management LLC0$00.00%−181−100.0%Sold out
Macquarie Group Ltd0$00.00%−77−100.0%Sold out
Umb Bank N A0$00.00%−24−100.0%Sold out
Cedar Mountain Advisors, LLC0$00.00%−17−100.0%Sold out
BFSG, LLC0$00.00%−5−100.0%Sold out
Palisade Asset Management, LLC0$00.00%−1−100.0%Sold out
GPS Wealth Strategies Group, LLC0$00.00%−1−100.0%Sold out
Jarislowsky, Fraser Ltd––––Not filed
AXA Investment Managers S.A.––––Not filed
Shell Asset Management Co––––Not filed
Fullcircle Wealth LLC––––Not filed
Clare Market Investments LLC––––Not filed
Glenmede Investment Management, LP––––Not filed
First Affirmative Financial Network––––Not filed
Wetherby Asset Management Inc––––Not filed
Bristlecone Advisors, LLC––––Not filed
Wolverine Trading, LLC––––Not filed
Creekmur Asset Management LLC––––Not filed
Promus Capital, LLC––––Not filed