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

0200400600800 Q1 2024: 499Q1 2024Q2 2024: 478Q2 2024Q3 2024: 489Q3 2024Q4 2024: 485Q4 2024Q1 2025: 524Q1 2025Q2 2025: 541Q2 2025Q3 2025: 571Q3 2025Q4 2025: 610Q4 2025Q1 2026: 638Q1 2026Q2 2026: 663Q2 2026

Total Exit/New Position Q4 2024 → Q1 2025

InstitutionsTotal Value
New Positions85$95.4M
Exits44$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
Raymond James Financial Inc. 0.01% Add +8.4% 113,164 $17.8M
State of Tennessee, Department of Treasury 0.07% Add +2.9% 113,041 $17.8M
Telemark Asset Management, LLC 2.06% New 100,000 $15.8M
Public Employees Retirement System of Ohio 0.06% Reduce -0.5% 98,743 $15.5M
Wells Fargo & Company 0.00% Add +189.9% 98,561 $15.5M
Aviso Financial Inc. 0.75% Add +2.4% 97,141 $15.3M
Janus Henderson Group PLC 0.01% Add +294.5% 97,978 $15.3M
Intellus Advisors LLC 2.66% Reduce -2.9% 96,624 $15.2M
Franklin Resources Inc. 0.00% Add +16.8% 95,629 $15.0M
Wellington Management Group LLP 0.00% Reduce -9.3% 95,447 $15.0M
Russell Investments Group, Ltd. 0.02% Add +19.2% 92,422 $14.5M
Zurcher Kantonalbank (Zurich Cantonalbank) 0.04% Reduce -2.6% 90,021 $14.2M
U S Global Investors Inc. 1.79% Reduce -3.9% 85,773 $13.5M
HighTower Advisors, LLC 0.02% Add +19.4% 81,720 $12.9M
Forest Hill Capital, LLC 9.61% No change 81,500 $12.8M
Armor Advisors, L.L.C. 12.21% Reduce -19.0% 78,770 $12.4M
Groupe la Francaise 0.26% Add +16.3% 78,500 $12.3M
Veritas Asset Management LLP 0.12% No change 72,266 $11.4M
Bank of Nova Scotia Trust Co. 1.20% Add +6.1% 71,450 $11.3M
DekaBank Deutsche Girozentrale 0.02% Add +8.1% 71,161 $11.2M
Pictet Asset Management Holding SA 0.01% Reduce -18.7% 70,262 $11.0M
SummitTX Capital, L.P. 0.47% — 66,952 $10.5M
Point72 Asset Management 0.03% Add +29.7% 64,594 $10.2M
Hamilton Capital Partners Inc. 0.63% Add +19.1% 62,721 $9.9M
Bradley Foster & Sargent Inc. 0.17% Reduce -0.3% 62,468 $9.8M
Ameriprise Financial Inc. 0.00% Reduce -20.1% 59,670 $9.4M
Envestnet Asset Management Inc. 0.00% Add +36.1% 58,388 $9.2M
Beddow Capital Management Inc. 3.45% Reduce -2.1% 56,607 $8.9M
Twin Tree Management, LP 0.20% Reduce -27.4% 56,518 $8.9M
Citigroup Inc. 0.01% Reduce -26.2% 52,517 $8.3M
PKO Investment Management Joint-Stock Co 0.93% Reduce -14.0% 52,164 $8.2M
SG Americas Securities, LLC 0.03% Add +38.9% 50,906 $8.0M
O'Brien Greene & Co. Inc 2.68% Reduce -1.5% 50,738 $8.0M
Beacon Pointe Advisors, LLC 0.09% Add +0.0% 50,026 $7.9M
NFJ Investment Group, LLC 0.25% Reduce -10.0% 48,096 $7.6M
Hutner Capital Management Inc. 3.22% Add +20.1% 47,842 $7.5M
EagleClaw Capital Managment, LLC 1.18% Add +2.4% 47,506 $7.5M
Capital Fund Management S.A. 0.09% Reduce -7.7% 46,251 $7.3M
GeoSphere Capital Management, LLC 8.45% Add +129.0% 45,796 $7.2M
Northwestern Mutual Investment Management Company, LLC 0.11% Add +3.3% 45,195 $7.1M
Lansforsakringar Fondforvaltning AB (publ) 0.04% Reduce -0.8% 44,163 $6.9M
USS Investment Management Ltd 0.05% Reduce -18.3% 43,718 $6.9M
Evelyn Partners Investment Management Services Ltd 0.96% Add +1.1% 37,124 $5.8M
Concorde Financial Corp 3.17% Reduce -3.0% 36,520 $5.8M
Forsta Ap-Fonden 0.04% Reduce -10.3% 35,900 $5.6M
Qube Research & Technologies Ltd 0.01% Add +2.6% 35,769 $5.6M
McCollum Christoferson Group LLC 1.62% Add +4.4% 33,786 $5.3M
Mn Services Vermogensbeheer B.V. 0.04% No change 33,522 $5.3M
Barclays PLC 0.00% Add +38.0% 32,528 $5.1M
Moors & Cabot, Inc. 0.26% Reduce -29.7% 32,379 $5.1M
Guggenheim Capital LLC 0.05% Reduce -14.3% 31,735 $5.0M
Hudson Value Partners, LLC 1.87% Reduce -2.4% 31,518 $5.0M
Gilder Gagnon Howe & Co. LLC 0.06% Reduce -32.4% 29,580 $4.7M
LPL Financial LLC 0.00% Reduce -4.2% 29,564 $4.7M
Kestra Advisory Services, LLC 0.02% Reduce -10.3% 28,662 $4.5M
O'shaughnessy Asset Management, LLC 0.04% Reduce -1.8% 28,226 $4.4M
Mad River Investors 1.86% Reduce -14.1% 27,802 $4.4M
Stifel Financial Corp. 0.00% Add +0.5% 27,656 $4.4M
Man Group plc 0.01% Reduce -76.7% 26,745 $4.2M
Quantinno Capital Management LP 0.03% Add +12.9% 26,515 $4.2M
GAMCO Investors 0.04% No change 25,696 $4.0M
Integrated Wealth Concepts LLC 0.05% New 25,352 $4.0M
Meixler Investment Management, Ltd. 2.74% Add +1.2% 25,057 $3.9M
Knoll Capital Management, LLC 2.56% No change 25,000 $3.9M
Atlas Wealth Partners, LLC 4.85% Reduce -0.8% 24,953 $3.9M
Private Advisor Group, LLC 0.02% Reduce -3.4% 24,108 $3.8M
U.S. Capital Wealth Advisors, LLC 0.12% Reduce -15.4% 23,985 $3.8M
Macquarie Group Ltd. 0.00% Add +21596.1% 16,706 $3.8M
TCFG Wealth Management, LLC 1.90% Add +3.4% 23,920 $3.8M
Edmond DE Rothschild Holding S.A. 0.06% Add +24.0% 22,758 $3.6M
US Bancorp \de 0.00% Add +1.1% 22,626 $3.6M
DF Dent & Co. Inc. 0.05% Add +38.1% 22,560 $3.6M
Andra AP-fonden 0.06% Add +52.9% 15,600 $3.5M
Campbell & CO Investment Adviser LLC 0.26% New 21,508 $3.4M
Plancorp, LLC 0.13% No change 21,338 $3.4M
Utah Retirement Systems 0.04% No change 21,363 $3.4M
Capital International Sarl 0.07% Add +67.7% 20,565 $3.2M
Keeley-Teton Advisors, LLC 0.38% Add +1.0% 19,788 $3.1M
Neuberger Berman Group LLC 0.00% Reduce -26.4% 19,766 $3.1M
Caprock Group, LLC 0.09% Add +8.9% 19,576 $3.1M
Carmignac Gestion 0.05% New 19,550 $3.1M
Intact Investment Management Inc. 0.10% Reduce -82.4% 19,470 $3.1M
Natixis Advisors, LLC 0.01% Add +1.6% 19,248 $3.0M
Public Sector Pension Investment Board 0.01% Add +0.5% 18,550 $2.9M
Maryland State Retirement & Pension System 0.07% Add +59.8% 17,899 $2.8M
Vontobel Holding Ltd. 0.01% No change 17,500 $2.8M
Aquatic Capital Management LLC 0.07% New 17,433 $2.7M
Mariner, LLC 0.00% Add +24.5% 16,851 $2.7M
Fairfax Financial Holdings 0.14% No change 16,800 $2.6M
Profund Advisors LLC 0.11% Add +29.1% 16,595 $2.6M
Atria Wealth Solutions, Inc. 0.03% Add +22.9% 16,325 $2.6M
Elevate Capital Advisors, LLC 2.37% Reduce -19.7% 16,276 $2.6M
Metis Global Partners, LLC 0.07% Reduce -1.3% 16,290 $2.6M
Gulf International Bank (UK) Ltd 0.09% Add +2795.9% 11,236 $2.5M
Stansberry Asset Management, LLC 0.32% Add +5.4% 16,038 $2.5M
Ontario Teachers Pension Plan Board 0.04% New 15,981 $2.5M
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% Reduce -43.6% 15,900 $2.5M
Shell Asset Management Co. 0.12% Reduce -2.2% 15,923 $2.5M
Alliancebernstein L.P. 0.00% Add +7.8% 15,556 $2.5M
Paragon Associates & Paragon Associates II Joint Venture 5.54% Reduce -57.1% 15,000 $2.4M
Pring Turner Capital Group Inc. 1.46% Reduce -1.0% 14,929 $2.4M
Creative Planning 0.00% Add +4.2% 14,718 $2.3M
DJE Kapital AG 0.07% No change 14,800 $2.3M
Berkeley Capital Partners, LLC 0.62% Add +1.0% 14,366 $2.3M
Zurich Insurance Group Ltd 0.02% No change 14,300 $2.3M
Trexquant Investment LP 0.03% New 14,138 $2.2M
Envestnet Portfolio Solutions, Inc. 0.01% Add +21.7% 13,977 $2.2M
Janney Montgomery Scott LLC 0.01% Reduce -3.1% 13,838 $2.2M
Cambridge Investment Research Advisors, Inc. 0.01% Add +9.3% 13,789 $2.2M
Verition Fund Management LLC 0.01% Reduce -58.5% 13,788 $2.2M
Ensign Peak Advisors, Inc 0.00% Reduce -13.5% 13,423 $2.1M
SIG North Trading, ULC 0.42% New 13,189 $2.1M
Bessemer Group Inc. 0.00% Add +1583.3% 13,130 $2.1M
Squarepoint Ops LLC 0.01% Add +236.7% 12,949 $2.0M
Adalta Capital Management LLC 1.06% Reduce -4.7% 12,591 $2.0M
Pekin Hardy Strauss, Inc. 0.24% Reduce -0.3% 12,498 $2.0M
Investment Management Corp of Ontario 0.04% New 12,283 $1.9M
Clear Harbor Asset Management, LLC 0.15% Add +1.3% 12,146 $1.9M
K2 Principal Fund, L.P. 1.07% New 12,000 $1.9M
Klein Pavlis & Peasley Financial, Inc. 1.32% Add +9.7% 11,656 $1.8M
Bard Associates Inc. 0.67% Reduce -2.2% 11,322 $1.8M
IFP Advisors, Inc 0.05% Add +92.1% 11,111 $1.8M
Centerstone Investors, LLC 4.04% Reduce -78.6% 10,812 $1.7M
Cerity Partners LLC 0.00% Add +393.9% 10,812 $1.7M
Principal Financial Group Inc. 0.00% Add +34.4% 10,710 $1.7M
Stratos Wealth Partners, LTD. 0.03% Reduce -1.8% 10,544 $1.7M
Swiss Life Asset Management Ltd 0.01% Add +23.8% 10,280 $1.6M
First Trust Advisors LP 0.00% Reduce -97.3% 10,144 $1.6M
Cetera Investment Advisers 0.00% Add +41.0% 10,110 $1.6M
Fullcircle Wealth LLC 0.63% Add +25.7% 8,964 $1.5M
Royal London Asset Management Ltd. 0.00% New 9,648 $1.5M
Addenda Capital Inc. 0.05% Reduce -60.1% 6,546 $1.5M
Price Capital Management, Inc. 3.74% New 9,400 $1.5M
Intech Investment Management LLC 0.01% Add +118.3% 9,286 $1.5M
Tevis Investment Management 1.04% No change 11,957 $1.4M
Augustine Asset Management Inc. 0.41% No change 8,800 $1.4M
BNP Paribas Financial Markets 0.00% Reduce -72.0% 8,680 $1.4M
Crossmark Global Holdings, Inc. 0.02% Reduce -8.4% 8,597 $1.4M
Silvercrest Asset Management Group LLC 0.01% No change 8,591 $1.4M
Tectonic Advisors LLC 0.08% Add +28.5% 8,285 $1.3M
Greenline Partners, LLC 0.19% Add +68.2% 8,205 $1.3M
Advisory Services Network, LLC 0.02% Add +16.1% 8,092 $1.3M
Balyasny Asset Management L.P. 0.00% Reduce -32.4% 8,052 $1.3M
Moran Wealth Management, LLC 0.04% Reduce -3.9% 8,008 $1.3M
Fielder Capital Group LLC 0.35% No change 7,575 $1.2M
Ironwood Investment Management LLC 0.65% Add +3.6% 7,567 $1.2M
MML Investors Services, LLC 0.00% Reduce -4.5% 7,546 $1.2M
Susquehanna Fundamental Investments, LLC 0.02% Reduce -50.3% 7,515 $1.2M
PNC Financial Services Group, Inc. 0.00% Add +10.2% 7,446 $1.2M
Entropy Technologies, LP 0.11% New 7,432 $1.2M
PDT Partners, LLC 0.08% No change 7,422 $1.2M
Vident Advisory, LLC 0.02% Reduce -0.8% 7,200 $1.1M
Sapient Capital LLC 0.02% No change 7,121 $1.1M
Plato Investment Management Ltd 0.09% Reduce -52.8% 7,034 $1.1M
Beacon Financial Group 0.12% Add +37.8% 7,097 $1.1M
PFG Investments, LLC 0.07% Add +2.8% 6,943 $1.1M
111 Capital 0.21% New 6,881 $1.1M
NewEdge Advisors, LLC 0.01% Add +16.7% 6,585 $1.0M
Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. 4.40% Add +19.3% 6,500 $1.0M
Howland Capital Management LLC 0.05% No change 6,422 $1.0M
Mayflower Financial Advisors, LLC 0.15% Reduce -3.7% 6,291 $991K
United Services Automobile Association 0.03% New 6,327 $984K
Fruth Investment Management 0.27% No change 6,050 $953K
Fortune Financial Advisors, LLC 0.82% Add +2.5% 6,018 $948K
Trust Co. of Toledo NA 0.13% No change 6,000 $945K
Assenagon Asset Management S.A. 0.00% Reduce -21.5% 5,910 $929K
Osaic Holdings, Inc. 0.00% Add +66.3% 5,875 $926K
Confluence Investment Management LLC 0.01% Add +1.4% 5,874 $926K
Captrust Financial Advisors 0.00% Add +66.5% 5,854 $922K
Aubrey Capital Management Ltd 0.37% Reduce -36.4% 5,889 $916K
Credit Agricole S A 0.00% Add +28.8% 5,785 $911K
Dynamic Technology Lab Private Ltd 0.13% New 5,710 $900K
ExodusPoint Capital Management, LP 0.01% New 5,649 $890K
Composition Wealth, LLC 0.02% Reduce -2.9% 5,647 $890K
Salvus Wealth Management, LLC 0.55% Add +30.6% 5,615 $885K
Tacita Capital Inc 0.63% No change 5,550 $873K
DRW Securities, LLC 0.07% New 5,472 $862K
Generali Investments CEE, investicni spolecnost, a.s. 0.08% No change 5,460 $860K
Tower Research Capital LLC (TRC) 0.03% Add +793.7% 5,425 $855K
Steward Partners Investment Advisory, LLC 0.01% Add +5.8% 5,408 $852K
Vanguard Personalized Indexing Management, LLC 0.01% Add +20.7% 5,405 $852K
Maven Securities LTD 0.18% New 5,350 $843K
FORA Capital, LLC 0.09% Add +169.8% 5,342 $842K
Quadrant Capital Group LLC 0.03% Add +752.6% 5,329 $840K
UniSuper Management Pty Ltd 0.01% No change 3,700 $837K
W1M Investment Management Ltd 0.01% Reduce -1.8% 5,308 $836K
Susquehanna International Group, LLP 0.00% Reduce -61.5% 5,050 $796K
Caption Management, LLC 0.04% New 5,000 $788K
Integrated Advisors Network LLC 0.04% Add +123.0% 4,985 $785K
Quadcap Wealth Management, LLC 0.11% Add +52.7% 4,863 $766K
Phoenix Financial Ltd. 0.01% No change 4,736 $750K
Barometer Capital Management Inc. 0.28% New 3,275 $741K
Parvin Asset Management, LLC 0.83% Add +1.8% 4,700 $741K
BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% No change 3,161 $715K
Sustainable Insight Capital Management, LLC 0.35% Add +20.6% 4,530 $713K
Allworth Financial LP 0.00% Add +4.4% 4,066 $697K
Schroder Investment Management Group 0.00% Add +10.4% 4,466 $694K
Argent Trust Co 0.03% Reduce -1.1% 4,224 $666K
Independent Advisor Alliance 0.02% Add +26.2% 4,188 $660K
Canoe Financial LP 0.01% No change 4,177 $657K
Proficio Capital Partners LLC 0.05% No change 4,105 $647K
Foresight Global Investors, Inc. 0.44% Reduce -27.3% 4,000 $630K
Cortland Associates Inc. 0.07% Reduce -8.6% 3,946 $622K
Essex Financial Services, Inc. 0.04% Reduce -1.3% 3,843 $606K
CoreCommodity Management, LLC 0.10% Reduce -1.9% 3,794 $598K
Fiduciary Trust Co 0.01% No change 3,755 $592K
Global View Capital Management LLC 0.21% Add +13.8% 3,686 $581K
Lanark Financial, Inc. 0.05% — 3,646 $574K
Wealth Enhancement Advisory Services, LLC 0.00% Reduce -1.8% 3,632 $572K
Stephens Inc. 0.01% New 3,567 $562K
Avantax Advisory Services, Inc. 0.00% Reduce -69.0% 3,541 $558K
Cigna Investments Inc. 0.10% No change 3,514 $552K
Sequoia Financial Advisors, LLC 0.00% Add +70.6% 3,499 $551K
Spire Wealth Management 0.02% Add +13.1% 3,431 $541K
Marex Group Ltd 0.01% Add +1.5% 3,371 $531K
Vista Investment Partners Ii, LLC 0.29% Reduce -53.8% 3,298 $520K
Altfest L J & Co. Inc. 0.06% New 3,211 $506K
Signaturefd, LLC 0.01% Add +3.8% 3,193 $503K
Sowell Financial Services LLC 0.02% New 3,177 $501K
Hamilton Capital, LLC 0.03% Reduce -3.2% 3,107 $490K
Aigen Investment Management, LP 0.08% New 2,113 $478K
Wellington Shields Capital Management, LLC 0.09% Reduce -97.5% 3,000 $473K
Wahed Invest LLC 0.08% Add +3.0% 2,970 $467K
Essex Investment Management Co. LLC 0.10% Reduce -14.6% 2,957 $466K
Mercer Global Advisors Inc. 0.00% Add +30.2% 2,953 $465K
Stegent Equity Advisors, Inc. 0.47% Reduce -3.1% 2,928 $461K
Blossom Wealth Management 0.90% Reduce -0.3% 2,843 $448K
Rossby Financial, LCC 0.19% Reduce -34.2% 2,600 $442K
Summit Financial, LLC 0.01% New 2,700 $425K
Evelyn Partners Asset Management Ltd 0.12% No change 2,700 $425K
Parallel Advisors, LLC 0.01% Add +0.2% 2,698 $424K
Acadian Asset Management LLC 0.00% Add +800.0% 2,700 $424K
Gold Investment Management Ltd. 0.18% Add +0.1% 2,687 $423K
Mutual Advisors, LLC 0.01% No change 2,477 $421K
Flagship Harbor Advisors, LLC 0.02% Reduce -1.8% 2,665 $420K
Winmill & Co. Inc. 0.12% No change 2,580 $407K
Asahi Life Asset Management Co., LTD. 0.26% Add +9.4% 2,570 $404K
Kercheville Advisors, LLC 0.16% Reduce -26.1% 2,555 $403K
Orion Porfolio Solutions, LLC 0.00% Add +19.0% 2,502 $394K
Orion Portfolio Solutions, LLC 0.00% Add +19.0% 2,502 $394K
Carnegie Lake Advisors LLC 0.16% No change 2,500 $394K
Tempus Wealth Planning, LLC 0.12% No change 2,490 $392K
Cypress Wealth Services, LLC 0.08% Reduce -5.4% 2,440 $384K
Lido Advisors, LLC 0.00% Add +0.1% 2,417 $381K
Yousif Capital Management, LLC 0.00% No change 2,370 $373K
Cidel Asset Management Inc. 0.02% Reduce -8.7% 2,374 $373K
Geneos Wealth Management Inc. 0.01% Reduce -6.0% 2,365 $373K
Cadence Bank 0.03% No change 2,332 $367K
Guardian Partners Inc. 0.04% Reduce -4.5% 2,231 $367K
Lafayette Investments, Inc. 0.08% New 2,286 $360K
McAdam, LLC 0.02% No change 2,279 $359K
Williams Jones Wealth Management, LLC. 0.00% Add +4.7% 2,226 $351K
Natixis 0.00% Add +14.8% 2,230 $347K
Chelsea Counsel Co. 0.19% No change 2,178 $343K
IHT Wealth Management, LLC 0.01% Add +0.1% 2,173 $342K
Syon Capital LLC 0.03% Add +16.9% 2,136 $337K
EP Wealth Advisors, LLC 0.00% Add +0.7% 2,133 $336K
Merit Financial Group, LLC 0.01% New 2,113 $333K
Banque de Luxembourg S.A. 0.19% New 2,100 $331K
HB Wealth Management, LLC 0.00% New 2,092 $330K
Veracity Capital LLC 0.13% Add +1.8% 2,082 $328K
Hunter Associates Investment Management LLC 0.05% Reduce -12.9% 2,025 $319K
Kestra Private Wealth Services, LLC 0.01% Reduce -36.4% 2,024 $319K
Cresset Asset Management, LLC 0.00% Reduce -14.1% 2,013 $317K
Tableaux LLC 0.23% New 2,003 $316K
Corundum Trust Company, INC 0.91% No change 2,000 $315K
Autumn Glory Partners, LLC 0.16% New 2,000 $315K
Harbor Advisors LLC 0.05% No change 2,000 $315K
FNY Investment Advisers, LLC 0.20% Reduce -86.4% 2,000 $315K
Glenmede Trust Co. NA 0.00% Reduce -13.9% 1,913 $301K
Northwestern Mutual Wealth Management Co. 0.00% Add +27.0% 1,880 $296K
Wilmington Savings Fund Society, FSB 0.01% Reduce -28.6% 1,870 $295K
New Harbor Financial Group, LLC 0.08% Reduce -2.2% 1,811 $285K
Sumitomo Mitsui Trust Group, Inc. 0.00% No change 1,796 $283K
Sigma Planning Corp 0.01% New 1,785 $281K
Jump Financial, LLC 0.00% New 1,739 $274K
Pacer Advisors, Inc. 0.00% Add +7.1% 1,728 $272K
Evergreen Capital Management LLC 0.01% New 1,716 $270K
Astoria Portfolio Advisors LLC. 0.09% New 1,568 $267K
D.A. Davidson & Co. 0.00% New 1,683 $265K
Quent Capital, LLC 0.03% Reduce -17.1% 1,660 $262K
Baader Bank Aktiengesellschaft 0.03% New 1,700 $261K
Claret Asset Management Corp 0.05% New 1,614 $254K
Sanders Morris Harris LLC 0.04% New 1,610 $254K
Chilton Capital Management LLC 0.01% No change 1,580 $249K
Voya Investment Management LLC 0.00% New 1,583 $249K
Choreo, LLC 0.00% New 1,563 $246K
AQR Capital Management 0.00% New 1,527 $241K
Creative Financial Designs Inc. 0.02% Add +18.5% 1,513 $238K
Pathstone Holdings, LLC 0.00% Reduce -44.8% 1,507 $237K
King Luther Capital Management Corp. 0.00% New 1,500 $236K
Ritholtz Wealth Management 0.01% New 1,494 $235K
SIH Partners, LLLP 0.02% New 1,483 $234K
Iron Gate Global Advisors LLC 0.03% Reduce -21.2% 1,477 $233K
Scholtz & Company, LLC 0.12% New 1,475 $232K
D. E. Shaw & Co. 0.00% Reduce -98.8% 1,470 $232K
Financial Security Advisor, Inc. 0.06% New 1,461 $230K
First Affirmative Financial Network 0.14% New 1,449 $228K
Huntington National Bank 0.00% Add +4.3% 1,444 $228K
Fermata Advisors, LLC 0.04% New 1,443 $227K
Compound Planning, Inc. 0.01% New 1,430 $225K
Moody National Bank Trust Division 0.02% New 1,416 $223K
Nations Financial Group Inc, /Ia/ 0.02% New 1,415 $223K
J. Safra Sarasin Holding AG 0.00% New 1,380 $217K
ICONIQ Capital, LLC 0.00% New 1,333 $210K
Abacus Planning Group, Inc. 0.04% New 1,326 $209K
Smith, Moore & Co. 0.02% New 1,325 $209K
Brown Advisory Inc. 0.00% New 1,303 $205K
Pinkerton Wealth, LLC 0.03% New 1,298 $205K
CoreCap Advisors, LLC 0.01% Reduce -1.1% 1,291 $203K
Perigon Wealth Management, LLC 0.01% New 1,289 $203K
Truist Financial Corp. 0.00% New 1,281 $202K
Trust Co. of Vermont 0.01% Add +10.0% 1,265 $199K
MAI Capital Management 0.00% No change 1,256 $198K
Icon Wealth Advisors, LLC 0.02% Add +0.3% 1,221 $192K
Innovative Advisory Group, LLC 0.18% Reduce -0.3% 1,173 $185K
Leonteq Securities AG 0.01% Add +24.5% 1,164 $183K
Brown Brothers Harriman & Co. 0.00% No change 1,129 $178K
Harbour Investments, Inc. 0.01% Add +143.9% 1,105 $174K
United Community Bank 0.06% Add +28.9% 1,070 $169K
CIBC Private Wealth Group LLC 0.00% Add +16.9% 1,159 $166K
Tobam 0.07% Reduce -92.6% 692 $157K
Rhumbline Advisers 0.00% Reduce -7.9% 964 $152K
Fifth Third Bancorp 0.00% No change 906 $143K
Pacifica Partners Inc. 0.06% No change 901 $141K
Blue Trust, Inc. 0.00% Add +5746.7% 877 $138K
Larson Financial Group LLC 0.01% Add +29.6% 832 $131K
Whittier Trust Co. of Nevada Inc. 0.00% New 793 $125K
Perritt Capital Management Inc 0.07% No change 770 $121K
Birch Capital Management, LLC 0.06% Reduce -30.2% 757 $119K
Cwm, LLC 0.00% Add +2.9% 756 $119K
Jones Financial Companies LLLP 0.00% Add +14.4% 708 $110K
SBI Securities Co., Ltd. 0.00% Add +10.3% 683 $108K
Cromwell Holdings LLC 0.07% No change 655 $103K
Principal Securities, Inc. 0.00% No change 863 $101K
Bayforest Capital Ltd 0.04% New 596 $94K
Cheviot Value Management, LLC 0.01% New 525 $88K
Capital Analysts, LLC 0.00% Reduce -48.9% 506 $80K
BNP Paribas 0.00% New 500 $79K
MassMutual Private Wealth & Trust, FSB 0.00% Add +8.1% 470 $74K
Clearstead Advisors, LLC 0.00% No change 451 $71K
Erste Asset Management GmbH 0.00% No change 445 $70K
Physician Wealth Advisors, Inc. 0.01% No change 418 $66K
Sunbelt Securities, Inc. 0.01% Add +0.2% 417 $66K
Creekmur Asset Management LLC 0.01% Reduce -4.0% 409 $64K
Laurel Wealth Advisors LLC 0.01% No change 400 $63K
Arax Advisory Partners 0.00% New 400 $63K
Hillsdale Investment Management Inc. 0.00% No change 400 $63K
AdvisorNet Financial, Inc 0.00% Add +1.0% 399 $63K
Kiker Wealth Management, LLC 0.04% New 391 $62K
Evermay Wealth Management LLC 0.01% No change 376 $59K
Bogart Wealth, LLC 0.00% No change 360 $57K
Versant Capital Management, Inc 0.01% New 351 $55K
Nemes Rush Group LLC 0.01% Reduce -2.9% 333 $52K
Stonehage Fleming Financial Services Holdings Ltd 0.00% No change 325 $51K
Nexus Investment Management ULC 0.01% New 225 $51K
Towarzystwo Funduszy Inwestycyjnych Pzu SA 0.02% No change 310 $49K
Kelly Lawrence W & Associates Inc. 0.01% No change 300 $47K
Walleye Capital LLC 0.00% Reduce -96.1% 289 $46K
Farther Finance Advisors, LLC 0.00% Add +5.8% 272 $43K
ORG Partners LLC 0.01% Reduce -17.9% 267 $42K
EverSource Wealth Advisors, LLC 0.00% Add +7.0% 261 $41K
Ridgewood Investments LLC 0.02% Reduce -56.1% 250 $39K
Ancora Advisors LLC 0.00% No change 231 $36K
Hexagon Capital Partners LLC 0.01% Add +494.7% 226 $36K
Solstein Capital, LLC 0.02% No change 225 $35K
Cullen/Frost Bankers, Inc. 0.00% New 201 $32K
Wood Tarver Financial Group, LLC 0.01% No change 200 $32K
CX Institutional 0.00% New 192 $30K
HighMark Wealth Management LLC 0.02% Add +0.6% 183 $29K
Manchester Capital Management LLC 0.00% No change 181 $29K
City State Bank 0.01% No change 177 $28K
Fortis Group Advisors, LLC 0.01% No change 176 $28K
Promus Capital, LLC 0.02% No change 172 $27K
Aventura Private Wealth, LLC 0.01% No change 167 $26K
Lindbrook Capital, LLC 0.00% Reduce -3.7% 158 $25K
Ravenstone Capital Management Inc. 0.01% Reduce -88.9% 155 $24K
Kings Path Partners LLC 0.01% No change 150 $24K
JNBA Financial Advisors 0.00% No change 150 $24K
Community Bank, N.A. 0.00% No change 132 $21K
Sierra Ocean, LLC 0.02% No change 126 $20K
Goodman Advisory Group, LLC 0.01% New 123 $19K
Golden State Wealth Management, LLC 0.00% No change 115 $18K
Harel Insurance Investments & Financial Services Ltd. 0.00% New 100 $16K
Montag A & Associates Inc. 0.00% No change 100 $16K
UMB Bank, n.a. 0.00% No change 100 $16K
Marshall Investment Management, LLC 0.01% New 82 $13K
Tompkins Financial Corp. 0.00% No change 65 $10K
GAMMA Investing LLC 0.00% New 57 $9K
Coldstream Capital Management Inc. 0.00% New 57 $9K
Beaird Harris Wealth Management, LLC 0.00% Add +223.5% 55 $9K
Private Wealth Asset Management, LLC 0.00% — 51 $8K
SWAN Capital LLC 0.00% Reduce -39.8% 50 $8K
HHM Wealth Advisors, LLC 0.00% No change 50 $8K
Brooklyn Investment Group 0.00% New 47 $7K
Godsey & Gibb, Inc. 0.00% No change 47 $7K
Medallion Wealth Advisors, LLC 0.00% No change 45 $7K
Key Financial Inc 0.00% No change 44 $7K
Optiver Holding B.V. 0.00% Reduce -71.8% 42 $7K
Tidemark, LLC 0.00% No change 41 $6K
Tradewinds Capital Management, LLC 0.00% No change 35 $6K
JFS Wealth Advisors, LLC 0.00% Reduce -10.5% 34 $5K
CENTRAL TRUST Co 0.00% No change 33 $5K
SJS Investment Consulting Inc. 0.00% New 30 $5K
Smartleaf Asset Management LLC 0.00% No change 28 $4K
Oakworth Capital, Inc. 0.00% No change 25 $4K
Twin Lakes Capital Management, LLC 0.00% No change 23 $4K
Ameriflex Group, Inc. 0.00% No change 20 $3K
Asset Dedication, LLC 0.00% Reduce -48.6% 19 $3K
Assetmark, Inc. 0.00% Add +88.9% 17 $3K
Continuum Advisory, LLC 0.00% Reduce -12.5% 14 $2K
Cornerstone Planning Group LLC 0.00% No change 12 $2K
Penserra Capital Management LLC 0.00% No change 15 $2K
Parkside Financial Bank & Trust 0.00% New 11 $2K
CVA Family Office, LLC 0.00% No change 10 $2K
Hughes Financial Services, LLC 0.00% New 9 $1K
True Wealth Design, LLC 0.00% No change 8 $1K
NewSquare Capital LLC 0.00% New 8 $1K
TCTC Holdings, LLC 0.00% Reduce -85.0% 6 $945
Point72 Asia (Singapore) Pte. Ltd. 0.00% Reduce -99.1% 4 $575
Brown, Lisle/Cummings, Inc. 0.00% New 3 $473
Halbert Hargrove Global Advisors, LLC 0.00% New 1 $205
Highline Wealth Partners LLC 0.00% New 1 $158
Hantz Financial Services, Inc. 0.00% No change 1 $0

"% of holder's portfolio" is FNV's weight in each manager's 13F, not the share of Franco-Nevada Corp. the manager owns.