Franco-NevadaFNV
13F holders, Q2 2025 (June 30)541holders +17
62new positions
43sold out
8famous investors
$164.12avg. 13F price*
At the end of Q2 2025, 541 institutions reported holding Franco-Nevada Corp. (FNV) in their 13F filings, up 17 from Q1 2025. 62 opened new positions and 43 sold out. The largest holders were FMR LLC ($2.2B), Massachusetts Financial Services Co. ($1.9B) and FIL Ltd ($1.5B). 8 famous investors held it, including Tom Gayner (0.8% 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 Q1 2025 → Q2 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 62 | $378.4M |
| Exits | 43 | $77.6M |
All 13F filers, Q1 2025 → Q2 2025: 9,480,305 shares bought and 8,937,817 shares sold, net +542,488 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 541 holders
| FMR LLC | 0.12% | Add +9.2% | 13,227,315 | $2.2B |
| Massachusetts Financial Services Co. | 0.61% | Reduce -4.1% | 11,702,413 | $1.9B |
| FIL Ltd | 1.25% | Add +1.3% | 8,919,497 | $1.5B |
| Vanguard Group Inc. | 0.02% | Add +3.1% | 8,086,420 | $1.3B |
| Capital World Investors | 0.19% | Add +0.4% | 8,040,380 | $1.3B |
| Van Eck Associates Corp. | 1.39% | Reduce -3.7% | 7,417,750 | $1.2B |
| Bank of Montreal | 0.43% | Add +1.8% | 5,107,505 | $839.1M |
| EdgePoint Investment Group Inc. | 4.43% | Reduce -3.8% | 3,558,461 | $584.6M |
| Renaissance Technologies | 0.71% | Add +7.5% | 3,257,949 | $534.0M |
| Arrowstreet Capital, Limited Partnership | 0.37% | Add +35.2% | 3,220,029 | $528.3M |
| First Eagle Investment Management, LLC | 1.05% | Reduce -0.5% | 3,202,237 | $526.1M |
| Royal Bank of Canada | 0.10% | Add +6.0% | 2,987,231 | $489.7M |
| Norges Bank | 0.06% | Add +29.2% | 2,801,365 | $460.2M |
| JARISLOWSKY, FRASER Ltd | 2.62% | Reduce -2.4% | 2,797,010 | $458.3M |
| TD Asset Management Inc | 0.28% | Add +4.4% | 2,011,787 | $329.6M |
| Manufacturers Life Insurance Company, The | 0.28% | Reduce -4.0% | 1,900,526 | $310.6M |
| Victory Capital Management Inc. | 0.20% | Reduce -27.8% | 1,833,505 | $300.5M |
| National Bank of Canada | 0.30% | Add +6.4% | 1,705,048 | $278.2M |
| Connor, Clark & Lunn Investment Management Ltd. | 0.87% | Reduce -11.4% | 1,510,720 | $248.2M |
| Geode Capital Management, LLC | 0.02% | Add +20.2% | 1,500,290 | $247.1M |
| T. Rowe Price Associates Inc. | 0.03% | Reduce -58.0% | 1,477,352 | $242.2M |
| Orbis Allan Gray Ltd | 1.13% | Reduce -26.4% | 1,412,097 | $231.5M |
| M&G PLC | 1.31% | Reduce -8.2% | 1,387,517 | $228.4M |
| Mackenzie Financial Corp. | 0.29% | Reduce -23.5% | 1,342,815 | $220.6M |
| Amundi | 0.07% | Add +6.5% | 1,211,835 | $199.3M |
| Cibc World Market Inc. | 0.43% | Reduce -11.2% | 1,181,889 | $194.2M |
| Beutel, Goodman & Co Ltd. | 1.01% | Reduce -4.5% | 1,081,100 | $177.1M |
| Horizon Kinetics Asset Management LLC | 2.03% | Add +2.6% | 1,043,546 | $171.1M |
| Bank of America Corp. | 0.01% | Reduce -8.2% | 1,037,415 | $170.1M |
| JPMorgan Chase & Co. | 0.01% | Add +2.4% | 1,033,783 | $169.5M |
| Goldman Sachs Group Inc. | 0.03% | Add +38.0% | 1,027,739 | $168.5M |
| Two Sigma Advisers, LP | 0.34% | Reduce -13.5% | 1,011,800 | $165.9M |
| 1832 Asset Management L.P. | 0.27% | Reduce -7.2% | 955,738 | $156.7M |
| Legal & General Group Plc | 0.04% | Add +9.1% | 930,718 | $152.5M |
| CIBC Asset Management Inc | 0.48% | Reduce -17.1% | 924,752 | $152.1M |
| Invesco Ltd. | 0.03% | Add +110.6% | 902,017 | $147.9M |
| Morgan Stanley | 0.01% | Add +5.5% | 892,588 | $146.3M |
| Canada Pension Plan Investment Board | 0.12% | Reduce -0.3% | 881,093 | $144.7M |
| Deutsche Bank AG | 0.04% | Reduce -13.8% | 708,016 | $116.1M |
| Clearbridge Investments, LLC | 0.09% | Reduce -5.2% | 683,899 | $112.1M |
| Capital Research Global Investors | 0.02% | New | 633,035 | $103.8M |
| Bank of Nova Scotia | 0.21% | Add +1.8% | 624,850 | $102.6M |
| Two Sigma Investments, LP | 0.19% | Reduce -6.3% | 621,142 | $101.8M |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | 0.58% | Reduce -9.2% | 610,478 | $100.3M |
| Swiss National Bank | 0.06% | Add +6.9% | 585,360 | $95.7M |
| Markel Group | 0.79% | Add +8.4% | 569,500 | $93.4M |
| Citadel Advisors | 0.08% | Reduce -31.8% | 521,938 | $85.6M |
| Picton Mahoney Asset Management | 1.14% | New | 493,035 | $80.6M |
| Millennium Management | 0.07% | Reduce -32.5% | 490,216 | $80.4M |
| Scharf Investments, LLC | 2.26% | New | 478,933 | $78.5M |
| Charles Schwab Investment Management Inc. | 0.01% | Add +3.3% | 441,487 | $72.3M |
| Chevy Chase Trust Holdings, LLC | 0.20% | Reduce -18.6% | 424,451 | $69.6M |
| Toronto Dominion Bank | 0.15% | Add +12.7% | 413,008 | $67.8M |
| Federation des caisses Desjardins du Quebec | 0.28% | Reduce -2.6% | 404,153 | $64.8M |
| Fiera Capital Corp | 0.21% | Add +0.2% | 377,608 | $62.0M |
| Caisse de depot et placement du Quebec | 0.13% | Add +0.6% | 368,044 | $60.3M |
| Gilder Gagnon Howe & Co. LLC | 0.61% | Add +1084.0% | 350,236 | $57.4M |
| BLI - Banque de Luxembourg Investments | 1.63% | No change | 347,395 | $57.0M |
| Skerryvore Asset Management Ltd | 45.46% | Reduce -8.3% | 344,340 | $56.4M |
| Mufg Securities (canada), LTD. | 1.63% | Add +11.1% | 326,430 | $53.5M |
| Marathon Asset Management Ltd | 1.71% | Reduce -7.6% | 324,920 | $53.2M |
| Sprott Inc. | 2.55% | Add +31.8% | 311,133 | $51.0M |
| Gabelli Funds LLC | 0.34% | Reduce -0.2% | 287,223 | $47.1M |
| Carrhae Capital LLP | 4.31% | Add +103.7% | 274,946 | $45.1M |
| Groupama Asset Managment | 0.75% | Add +25.0% | 275,481 | $44.4M |
| Dimensional Fund Advisors LP | 0.01% | Add +0.7% | 262,642 | $43.0M |
| American Century Companies Inc. | 0.02% | Add +9.9% | 262,447 | $43.0M |
| Allianz Asset Management GmbH | 0.06% | Reduce -1.4% | 254,911 | $41.8M |
| TD Waterhouse Canada Inc. | 0.30% | Add +1.7% | 255,083 | $41.6M |
| Wells Fargo & Company | 0.01% | Add +157.3% | 253,610 | $41.6M |
| Aviso Financial Inc. | 1.87% | Add +160.7% | 253,237 | $41.6M |
| Tidal Investments LLC | 0.27% | Add +0.9% | 253,011 | $41.5M |
| Covea Finance | 1.51% | Reduce -13.2% | 248,358 | $40.6M |
| QV Investors Inc. | 3.96% | Add +0.7% | 246,397 | $40.4M |
| D. E. Shaw & Co. | 0.04% | Add +16054.5% | 237,471 | $39.0M |
| Euro Pacific Asset Management, LLC | 6.04% | Add +0.8% | 228,628 | $37.5M |
| St. James Investment Company, LLC | 5.84% | Add +0.4% | 220,876 | $36.2M |
| BlackRock, Inc. | 0.00% | Reduce -2.2% | 216,917 | $35.6M |
| UBS Group AG | 0.01% | Reduce -56.1% | 211,452 | $34.7M |
| Corient Private Wealth LP | 0.05% | Reduce -2.1% | 211,111 | $34.6M |
| Nuveen, LLC | 0.01% | Reduce -0.1% | 202,341 | $33.2M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.01% | Reduce -24.9% | 190,433 | $31.2M |
| Bank of New York Mellon Corp | 0.01% | Add +5.0% | 184,601 | $30.3M |
| Annex Advisory Services, LLC | 0.71% | Reduce -1.5% | 180,403 | $29.6M |
| Addenda Capital Inc. | 0.99% | Add +1783.3% | 123,284 | $27.6M |
| Cannell & Spears LLC | 0.55% | Add +1.8% | 166,865 | $27.4M |
| America First Investment Advisors, LLC | 5.40% | Reduce -4.5% | 165,073 | $27.1M |
| Northern Trust Corp. | 0.00% | Reduce -6.0% | 162,240 | $26.6M |
| Scotia Capital Inc. | 0.12% | Add +5.8% | 153,244 | $25.1M |
| Northwest & Ethical Investments L.P. | 0.62% | Add +11.2% | 153,061 | $25.1M |
| Allspring Global Investments Holdings, LLC | 0.04% | Add +8.5% | 109,565 | $23.7M |
| Aviva PLC | 0.05% | Add +7.0% | 143,886 | $23.6M |
| Palisade Capital Management, LP | 0.76% | Reduce -5.1% | 142,812 | $23.4M |
| Quadrature Capital Ltd | 0.40% | New | 142,000 | $23.2M |
| Baird Financial Group, Inc. | 0.04% | Add +1.4% | 139,393 | $22.8M |
| Alberta Investment Management Corp | 0.19% | Reduce -73.0% | 138,600 | $22.8M |
| Ashford Capital Management Inc. | 2.66% | Reduce -6.7% | 138,078 | $22.6M |
| AXA S.A. | 0.06% | Add +3.1% | 131,760 | $21.6M |
| CANADA LIFE ASSURANCE Co | 0.03% | Reduce -3.9% | 132,995 | $21.3M |
| Schwartz Investment Counsel Inc. | 0.68% | Add +2.0% | 126,700 | $20.8M |
"% of holder's portfolio" is FNV's weight in each manager's 13F, not the share of Franco-Nevada Corp. the manager owns.