Franco-NevadaFNV
13F holders, Q1 2025 (March 31)524holders +39
85new positions
44sold out
9famous investors
$157.49avg. 13F price*
At the end of Q1 2025, 524 institutions reported holding Franco-Nevada Corp. (FNV) in their 13F filings, up 39 from Q4 2024. 85 opened new positions and 44 sold out. The largest holders were Massachusetts Financial Services Co. ($1.9B), FMR LLC ($1.9B) and FIL Ltd ($1.4B). 9 famous investors held it, including Tom Gayner (0.7% of Markel Group's portfolio), Jim Simons / Peter Brown (0.7% of Renaissance Technologies's portfolio) and Prem Watsa (0.1% of Fairfax Financial Holdings's portfolio).
- Company
- Franco-Nevada Corp.
- CUSIP
- 351858105
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q4 2024 → Q1 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 85 | $95.4M |
| Exits | 44 | $110.0M |
All 13F filers, Q4 2024 → Q1 2025: 10,817,822 shares bought and 9,671,762 shares sold, net +1,146,060 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 524 holders
| Massachusetts Financial Services Co. | 0.64% | Add +1.7% | 12,207,413 | $1.9B |
| FMR LLC | 0.12% | Add +22.9% | 12,117,998 | $1.9B |
| FIL Ltd | 1.32% | Reduce -3.3% | 8,808,662 | $1.4B |
| Capital World Investors | 0.20% | Add +0.8% | 8,008,925 | $1.3B |
| Vanguard Group Inc. | 0.02% | Add +0.6% | 7,845,339 | $1.2B |
| Van Eck Associates Corp. | 1.58% | Reduce -9.8% | 7,700,666 | $1.2B |
| Bank of Montreal | 0.42% | Reduce -5.3% | 5,017,028 | $789.2M |
| EdgePoint Investment Group Inc. | 4.72% | Reduce -25.4% | 3,697,962 | $581.7M |
| T. Rowe Price Associates Inc. | 0.07% | Reduce -17.9% | 3,521,281 | $554.8M |
| First Eagle Investment Management, LLC | 1.07% | Reduce -4.4% | 3,219,191 | $506.4M |
| Renaissance Technologies | 0.72% | Reduce -4.1% | 3,030,549 | $477.5M |
| JARISLOWSKY, FRASER Ltd | 2.83% | Reduce -11.0% | 2,864,793 | $450.5M |
| Royal Bank of Canada | 0.10% | Reduce -10.0% | 2,819,093 | $444.2M |
| Victory Capital Management Inc. | 0.42% | Reduce -25.8% | 2,538,935 | $400.0M |
| Arrowstreet Capital, Limited Partnership | 0.30% | Add +104.5% | 2,381,176 | $374.9M |
| Norges Bank | 0.05% | Add +7.0% | 2,167,693 | $341.0M |
| Manufacturers Life Insurance Company, The | 0.30% | Add +1.7% | 1,980,772 | $313.1M |
| TD Asset Management Inc | 0.28% | Add +6.8% | 1,926,670 | $303.0M |
| Orbis Allan Gray Ltd | 1.73% | Reduce -1.1% | 1,918,952 | $302.4M |
| Mackenzie Financial Corp. | 0.39% | Add +16.0% | 1,756,344 | $276.2M |
| Connor, Clark & Lunn Investment Management Ltd. | 1.17% | Add +198.1% | 1,705,489 | $268.3M |
| National Bank of Canada | 0.30% | Add +2.1% | 1,602,784 | $251.8M |
| M&G PLC | 1.55% | Reduce -26.2% | 1,510,643 | $237.3M |
| Cibc World Market Inc. | 0.48% | Add +10.5% | 1,330,917 | $209.4M |
| Geode Capital Management, LLC | 0.02% | Add +13.2% | 1,247,750 | $197.4M |
| Two Sigma Advisers, LP | 0.41% | Reduce -13.3% | 1,169,200 | $184.2M |
| Amundi | 0.07% | Add +29.3% | 1,137,345 | $180.5M |
| Bank of America Corp. | 0.02% | Add +42.9% | 1,130,561 | $178.1M |
| Beutel, Goodman & Co Ltd. | 1.03% | Reduce -33.5% | 1,132,112 | $178.0M |
| CIBC Asset Management Inc | 0.58% | Reduce -1.8% | 1,115,588 | $176.0M |
| 1832 Asset Management L.P. | 0.31% | Reduce -4.0% | 1,029,551 | $162.2M |
| Horizon Kinetics Asset Management LLC | 1.84% | Add +2.9% | 1,016,774 | $160.2M |
| JPMorgan Chase & Co. | 0.01% | Add +4.9% | 1,009,769 | $159.1M |
| Canada Pension Plan Investment Board | 0.13% | Add +53.9% | 883,293 | $138.9M |
| Legal & General Group Plc | 0.04% | Reduce -0.8% | 852,773 | $134.1M |
| Morgan Stanley | 0.01% | Add +3.6% | 846,343 | $133.4M |
| Deutsche Bank AG | 0.05% | Add +1.6% | 821,330 | $129.4M |
| Citadel Advisors | 0.12% | Add +1198.9% | 765,480 | $120.6M |
| Goldman Sachs Group Inc. | 0.02% | Add +206.3% | 744,469 | $117.3M |
| Millennium Management | 0.11% | Reduce -8.6% | 725,751 | $114.3M |
| Clearbridge Investments, LLC | 0.10% | Reduce -4.6% | 721,022 | $113.6M |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | 0.65% | Add +101.1% | 672,148 | $105.7M |
| Two Sigma Investments, LP | 0.24% | Reduce -35.6% | 662,933 | $104.5M |
| Bank of Nova Scotia | 0.22% | Reduce -1.2% | 614,075 | $96.6M |
| Swiss National Bank | 0.06% | Reduce -2.0% | 547,760 | $86.2M |
| Markel Group | 0.73% | Add +8.7% | 525,250 | $82.8M |
| Chevy Chase Trust Holdings, LLC | 0.26% | Reduce -2.3% | 521,540 | $82.2M |
| Alberta Investment Management Corp | 0.58% | Add +5.8% | 512,671 | $80.6M |
| UBS Group AG | 0.02% | Add +52.8% | 481,348 | $75.8M |
| Invesco Ltd. | 0.01% | Reduce -4.9% | 428,320 | $67.5M |
| Charles Schwab Investment Management Inc. | 0.01% | Add +1.0% | 427,565 | $67.2M |
| Federation des caisses Desjardins du Quebec | 0.32% | Reduce -1.9% | 415,114 | $65.2M |
| Fiera Capital Corp | 0.21% | Add +10.9% | 376,754 | $59.3M |
| Skerryvore Asset Management Ltd | 48.07% | Reduce -3.8% | 375,340 | $59.1M |
| Toronto Dominion Bank | 0.15% | Reduce -2.7% | 366,380 | $57.6M |
| Caisse de depot et placement du Quebec | 0.12% | Add +280.7% | 365,812 | $57.5M |
| Marathon Asset Management Ltd | 1.69% | Reduce -2.5% | 351,677 | $55.3M |
| BLI - Banque de Luxembourg Investments | 1.66% | Reduce -22.8% | 347,395 | $54.8M |
| Mufg Securities (canada), LTD. | 1.61% | Reduce -0.1% | 293,781 | $46.2M |
| Gabelli Funds LLC | 0.35% | Reduce -2.6% | 287,860 | $45.3M |
| Covea Finance | 2.07% | Add +182.4% | 286,170 | $45.1M |
| Dimensional Fund Advisors LP | 0.01% | Add +6.7% | 260,906 | $41.1M |
| Allianz Asset Management GmbH | 0.06% | Reduce -0.0% | 258,645 | $40.7M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.01% | Add +70.8% | 253,642 | $40.0M |
| Tidal Investments LLC | 0.33% | Reduce -0.1% | 250,660 | $39.5M |
| QV Investors Inc. | 3.88% | Reduce -1.7% | 244,669 | $38.5M |
| American Century Companies Inc. | 0.02% | Reduce -2.4% | 238,686 | $37.6M |
| Sprott Inc. | 2.20% | Add +0.8% | 235,998 | $37.2M |
| TD Waterhouse Canada Inc. | 0.30% | Reduce -4.3% | 250,877 | $36.7M |
| Euro Pacific Asset Management, LLC | 6.49% | Reduce -0.5% | 226,772 | $35.8M |
| BlackRock, Inc. | 0.00% | Reduce -19.5% | 221,887 | $35.0M |
| St. James Investment Company, LLC | 5.78% | Add +29.3% | 219,988 | $34.7M |
| Groupama Asset Managment | 0.70% | Add +65.3% | 220,385 | $34.3M |
| Corient Private Wealth LP | 0.06% | Reduce -2.7% | 215,752 | $34.0M |
| Woodline Partners LP | 0.21% | New | 205,975 | $32.5M |
| Nuveen, LLC | 0.01% | — | 202,549 | $31.9M |
| Annex Advisory Services, LLC | 0.82% | Add +14.9% | 183,106 | $28.9M |
| Bank of New York Mellon Corp | 0.01% | Add +2.8% | 175,843 | $27.7M |
| America First Investment Advisors, LLC | 5.74% | Add +5.0% | 172,827 | $27.2M |
| Northern Trust Corp. | 0.00% | Add +12.8% | 172,675 | $27.2M |
| Cannell & Spears LLC | 0.56% | Reduce -1.4% | 163,893 | $25.8M |
| Tocqueville Asset Management L.P. | 0.42% | Add +1.9% | 162,471 | $25.6M |
| CWA Asset Management Group, LLC | 1.22% | Add +8.8% | 161,719 | $25.5M |
| Waratah Capital Advisors Ltd. | 1.66% | Add +202.3% | 154,622 | $24.4M |
| Palisade Capital Management, LP | 0.78% | Add +6.5% | 150,473 | $23.7M |
| Montrusco Bolton Investments Inc. | 0.31% | Add +2.8% | 150,587 | $23.7M |
| Jane Street Group, LLC | 0.04% | Add +904.5% | 148,674 | $23.4M |
| Ashford Capital Management Inc. | 3.01% | Reduce -4.4% | 147,964 | $23.3M |
| HSBC Holdings PLC | 0.02% | Reduce -17.4% | 147,284 | $23.1M |
| Scotia Capital Inc. | 0.12% | Add +2.1% | 144,821 | $22.7M |
| Allspring Global Investments Holdings, LLC | 0.04% | Add +4.1% | 100,948 | $22.5M |
| CANADA LIFE ASSURANCE Co | 0.04% | Reduce -6.5% | 138,421 | $21.8M |
| Northwest & Ethical Investments L.P. | 0.59% | Add +4.9% | 137,709 | $21.7M |
| Baird Financial Group, Inc. | 0.04% | Add +22.1% | 137,395 | $21.6M |
| Carrhae Capital LLP | 2.47% | Reduce -34.6% | 134,994 | $21.3M |
| Aviva PLC | 0.05% | Add +16.1% | 134,421 | $21.2M |
| AXA S.A. | 0.07% | Reduce -4.3% | 127,773 | $20.1M |
| Commonwealth Equity Services, LLC | 0.03% | Reduce -0.5% | 126,450 | $19.9M |
| Korea Investment CORP | 0.05% | Add +2.6% | 126,467 | $19.9M |
| Schwartz Investment Counsel Inc. | 0.67% | Add +4.2% | 124,200 | $19.6M |
"% of holder's portfolio" is FNV's weight in each manager's 13F, not the share of Franco-Nevada Corp. the manager owns.