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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, Q1 2026

Institutional positions in Franco Nevada Corp as of Mar 31, 2026. 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
639
+40 vs. Q4 2025
Shares held
137.4M
+6.95M (+5.3%) vs. Q4 2025
Total value
$34.0B
+$6.96B (+25.7%) vs. Q4 2025
New holders
98
210 more added
Sold out
58
217 more reduced

12 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2026: 639 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 heldQ1 2026: $34.0B
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, Q1 2026

Shares, value and share of portfolio for each institution holding Franco Nevada Corp; share changes are against Q4 2025.

Institutions holding FNV in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Waratah Capital Advisors Ltd.56,029$13.8M1.24%+256+0.5%Added
AQR Capital Management LLC56,405$14.0M0.01%+30,567+118.3%Added
Susquehanna International Group, LLP59,103$14.6M0.02%+54,257+1,119.6%Added
State of Wisconsin Investment Board60,785$15.0M0.03%−11,800−16.3%Reduced
Bradley Foster & Sargent Inc62,693$15.5M0.24%−511−0.8%Reduced
Andra AP-fonden45,032$15.5M0.19%+132+0.3%Added
HighTower Advisors, LLC63,024$15.6M0.02%−39,567−38.6%Reduced
SummitTX Capital, L.P.65,523$16.2M0.52%+59,035+909.9%Added
DekaBank Deutsche Girozentrale65,842$16.3M0.03%00.0%Unchanged
Citigroup Inc66,635$16.4M0.01%−39,312−37.1%Reduced
Varma Mutual Pension Insurance Co68,600$16.9M0.10%00.0%Unchanged
PKO Investment Management Joint-Stock Co70,516$17.4M1.47%+602+0.9%Added
Bank of Nova Scotia Trust Co73,033$18.0M1.55%−5,169−6.6%Reduced
Pictet Asset Management Holding SA74,680$18.4M0.02%−1,224−1.6%Reduced
Global Strategic Management Inc76,216$18.8M15.63%−2,435−3.1%Reduced
Wellington Management Group LLP77,306$19.1M0.00%−441−0.6%Reduced
Caisse de Depot Et Placement du Quebec77,466$19.1M0.03%+148+0.2%Added
Zurcher Kantonalbank (Zurich Cantonalbank)80,489$19.9M0.04%+5,100+6.8%Added
Forest Hill Capital, LLC81,500$20.1M13.22%00.0%Unchanged
Ashford Capital Management Inc81,621$20.2M2.49%−8,236−9.2%Reduced
BNP Paribas Arbitrage, SA84,260$20.8M0.01%+62,587+288.8%Added
U S Global Investors Inc84,410$20.9M2.43%−4,901−5.5%Reduced
Man Group plc86,588$21.4M0.04%−28,001−24.4%Reduced
IFP Advisors, Inc87,290$21.6M0.45%−10,726−10.9%Reduced
Franklin Resources Inc88,157$21.8M0.01%+4,800+5.8%Added
Vanguard Investments Australia, Ltd.89,472$22.2M0.06%+89,472New
Public Sector Pension Investment Board91,157$22.6M0.07%+286+0.3%Added
Annex Advisory Services, LLC94,173$23.3M0.44%−105,799−52.9%Reduced
Telemark Asset Management, LLC100,000$24.7M2.28%00.0%Unchanged
Barclays PLC103,981$25.7M0.01%−17,941−14.7%Reduced
State of Tennessee, Treasury Department108,819$26.9M0.09%00.0%Unchanged
Alberta Investment Management Corp108,707$26.9M0.17%+94,807+682.1%Added
Public Employees Retirement System of Ohio111,326$27.5M0.09%+12,137+12.2%Added
America First Investment Advisors, LLC113,864$28.1M5.24%−32,576−22.2%Reduced
Hamilton Capital Partners Inc.115,040$28.4M0.96%+17,963+18.5%Added
Envestnet Asset Management Inc115,073$28.4M0.01%+53,964+88.3%Added
Schwartz Investment Counsel Inc122,700$30.3M1.08%−3,000−2.4%Reduced
Palisade Capital Management LLC124,252$30.7M1.02%−5,412−4.2%Reduced
Raymond James Financial Inc124,782$30.8M0.01%+5,356+4.5%Added
Great West Life Assurance Co136,420$32.3M0.06%+505+0.4%Added
Gabelli Funds LLC131,856$32.6M0.22%−14,414−9.9%Reduced
Russell Investments Group, Ltd.132,168$32.6M0.04%+8,685+7.0%Added
Healthcare of Ontario Pension Plan Trust Fund132,612$32.8M0.05%+123,658+1,381.0%Added
Baird Financial Group, Inc.135,298$33.4M0.05%−1,633−1.2%Reduced
Intact Investment Management Inc.140,858$34.9M0.99%−65,350−31.7%Reduced
Merewether Investment Management, LP144,000$35.6M0.69%+144,000New
Northwest & Ethical Investments L.P.147,553$36.7M0.85%+2,947+2.0%Added
Millennium Management LLC148,925$36.8M0.03%+61,687+70.7%Added
Connor, Clark & Lunn Investment Management Ltd.149,466$37.0M0.09%−228,496−60.5%Reduced
Scotia Capital Inc.152,706$37.7M0.16%−2,743−1.8%Reduced
Groupe la Francaise155,000$38.3M0.53%+77,000+98.7%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.154,637$38.3M0.04%+21,926+16.5%Added
Blair William & Co158,256$39.1M0.11%+130,091+461.9%Added
Scheer, Rowlett & Associates Investment Management Ltd.160,054$39.6M2.85%+16,704+11.7%Added
Aviva PLC166,146$41.0M0.07%+4,892+3.0%Added
Allspring Global Investments Holdings, LLC132,465$42.1M0.07%+18,000+15.7%Added
Purpose Unlimited Inc.181,182$42.8M1.77%+180,182+18,018.2%Added
Spears Abacus Advisors LLC177,941$44.0M0.86%+1,079+0.6%Added
Northern Trust Corp178,077$44.0M0.01%+3,199+1.8%Added
Bennbridge Ltd175,353$45.8M38.13%−43,600−19.9%Reduced
Bank of New York Mellon Corp195,183$48.2M0.01%−3,795−1.9%Reduced
Covea Finance203,857$50.4M1.76%−4,401−2.1%Reduced
Nuveen, LLC204,718$50.5M0.01%+883+0.4%Added
BLI - Banque de Luxembourg Investments257,495$52.6M1.57%00.0%Unchanged
St. James Investment Company, LLC214,209$52.9M8.29%−1,052−0.5%Reduced
QV Investors Inc.221,912$54.8M4.43%−4,648−2.1%Reduced
Sprott Inc.227,294$56.2M1.70%−10,372−4.4%Reduced
Euro Pacific Asset Management, LLC249,758$57.2M5.67%+12,791+5.4%Added
Groupama Asset Managment234,241$57.9M0.85%+49,600+26.9%Added
Citadel Advisors LLC239,221$59.1M0.04%+238,009+19,637.7%Added
Dimensional Fund Advisors LP242,998$60.0M0.01%−22,193−8.4%Reduced
BlackRock, Inc.250,076$61.8M0.00%+17,766+7.6%Added
Allianz Asset Management GmbH253,231$62.5M0.07%−175,279−40.9%Reduced
Federation des caisses Desjardins du Quebec265,652$63.2M0.23%+104,662+65.0%Added
MUFG Securities (Canada), Ltd.285,980$70.7M2.03%−7,547−2.6%Reduced
Marathon Asset Mgmt Ltd287,697$71.0M2.72%−1,044−0.4%Reduced
Fiera Capital Corp289,772$71.6M0.25%−69,978−19.5%Reduced
Schroder Investment Management Group318,705$74.4M0.06%+316,406+13,762.8%Added
Addenda Capital Inc.221,821$76.4M2.15%+18,178+8.9%Added
Vanguard Asset Management, Ltd309,020$76.5M0.07%+309,020New
American Century Companies Inc324,224$80.1M0.04%+3,412+1.1%Added
Gilder Gagnon Howe & Co LLC337,700$83.4M1.00%−3,437−1.0%Reduced
Point72 Asset Management, L.P.376,013$92.9M0.16%+376,013New
British Columbia Investment Management Corp382,221$94.7M0.56%−230,594−37.6%Reduced
Select Equity Group, L.P.415,524$102.6M0.55%+373,147+880.5%Added
Charles Schwab Investment Management Inc452,373$111.7M0.02%+11,890+2.7%Added
UBS Group AG466,931$115.4M0.02%+200,357+75.2%Added
Jane Street Group, LLC466,933$115.4M0.12%+454,865+3,769.2%Added
Victory Capital Management Inc483,580$119.5M0.08%−714,099−59.6%Reduced
Bank of Nova Scotia485,345$120.1M0.21%+23,587+5.1%Added
Aviso Financial Inc.497,972$123.2M4.37%+99,864+25.1%Added
Toronto Dominion Bank513,399$127.1M0.25%−57,497−10.1%Reduced
Chevy Chase Trust Holdings, Inc.530,106$131.0M0.38%+44,620+9.2%Added
Scharf Investments, LLC557,135$137.6M4.24%−135,074−19.5%Reduced
Beutel, Goodman & Co Ltd.601,308$148.4M1.01%−326,166−35.2%Reduced
Toroso Investments, LLC602,858$148.9M0.46%−10,974−1.8%Reduced
CIBC Asset Management Inc607,840$150.3M0.37%−84,354−12.2%Reduced
Clearbridge Investments, LLC628,775$155.3M0.14%−18,658−2.9%Reduced
Swiss National Bank648,960$160.5M0.09%+138,200+27.1%Added
Bank of America Corp703,053$173.7M0.01%−82,210−10.5%Reduced