Franco-NevadaFNV
13F holders, Q3 2025 (September 30)571holders +30
89new positions
57sold out
8famous investors
$222.74avg. 13F price*
At the end of Q3 2025, 571 institutions reported holding Franco-Nevada Corp. (FNV) in their 13F filings, up 30 from Q2 2025. 89 opened new positions and 57 sold out. The largest holders were FMR LLC ($4.0B), Massachusetts Financial Services Co. ($2.6B) and Vanguard Group Inc. ($1.8B). 8 famous investors held it, including Tom Gayner (1.1% of Markel Group's portfolio), Jim Simons / Peter Brown (0.8% of Renaissance Technologies's portfolio) and Prem Watsa (0.2% 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 Q2 2025 → Q3 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 89 | $517.1M |
| Exits | 57 | $244.8M |
All 13F filers, Q2 2025 → Q3 2025: 13,687,410 shares bought and 11,475,078 shares sold, net +2,212,332 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 571 holders
| FMR LLC | 0.21% | Add +34.4% | 17,782,072 | $4.0B |
| Massachusetts Financial Services Co. | 0.81% | Reduce -0.3% | 11,667,204 | $2.6B |
| Vanguard Group Inc. | 0.03% | Add +1.6% | 8,216,318 | $1.8B |
| Capital World Investors | 0.24% | Reduce -0.7% | 7,982,550 | $1.8B |
| FIL Ltd | 1.20% | Reduce -23.1% | 6,857,798 | $1.5B |
| Van Eck Associates Corp. | 1.37% | Reduce -11.0% | 6,599,001 | $1.5B |
| Bank of Montreal | 0.53% | Add +8.9% | 5,560,980 | $1.2B |
| First Eagle Investment Management, LLC | 1.64% | Add +26.4% | 4,049,187 | $901.1M |
| EdgePoint Investment Group Inc. | 5.89% | Reduce -0.4% | 3,544,113 | $788.7M |
| Renaissance Technologies | 0.84% | Reduce -12.5% | 2,849,418 | $635.2M |
| Arrowstreet Capital, Limited Partnership | 0.39% | Reduce -13.7% | 2,777,718 | $618.7M |
| T. Rowe Price Associates Inc. | 0.07% | Add +85.9% | 2,746,483 | $612.2M |
| Royal Bank of Canada | 0.10% | Reduce -14.7% | 2,547,852 | $567.9M |
| JARISLOWSKY, FRASER Ltd | 3.02% | Reduce -11.9% | 2,462,713 | $548.3M |
| Mackenzie Financial Corp. | 0.64% | Add +76.0% | 2,363,324 | $525.9M |
| TD Asset Management Inc | 0.37% | Add +0.9% | 2,030,684 | $452.1M |
| Geode Capital Management, LLC | 0.03% | Add +15.6% | 1,734,581 | $391.4M |
| GQG Partners LLC | 0.59% | New | 1,716,000 | $382.0M |
| Victory Capital Management Inc. | 0.21% | Reduce -13.5% | 1,586,710 | $353.7M |
| National Bank of Canada | 0.39% | Reduce -9.0% | 1,551,557 | $345.3M |
| Deutsche Bank AG | 0.11% | Add +104.2% | 1,445,575 | $322.2M |
| Manufacturers Life Insurance Company, The | 0.26% | Reduce -24.6% | 1,431,992 | $318.8M |
| Orbis Allan Gray Ltd | 1.36% | Add +0.4% | 1,418,367 | $316.2M |
| Cibc World Market Inc. | 0.50% | Reduce -9.0% | 1,075,402 | $239.3M |
| M&G PLC | 1.28% | Reduce -25.5% | 1,034,226 | $230.3M |
| Goldman Sachs Group Inc. | 0.03% | Reduce -0.6% | 1,021,286 | $227.7M |
| JPMorgan Chase & Co. | 0.01% | Reduce -1.9% | 1,014,235 | $226.1M |
| Horizon Kinetics Asset Management LLC | 2.75% | Reduce -3.0% | 1,012,362 | $225.7M |
| Amundi | 0.07% | Reduce -16.1% | 1,016,098 | $225.4M |
| Beutel, Goodman & Co Ltd. | 1.34% | Reduce -7.5% | 999,536 | $222.5M |
| Legal & General Group Plc | 0.05% | Add +6.0% | 986,672 | $219.7M |
| Two Sigma Advisers, LP | 0.42% | Reduce -5.9% | 952,102 | $212.2M |
| Invesco Ltd. | 0.03% | Add +4.7% | 944,620 | $210.6M |
| Canada Pension Plan Investment Board | 0.14% | Add +5.0% | 925,093 | $205.9M |
| 1832 Asset Management L.P. | 0.35% | Reduce -3.6% | 921,233 | $205.4M |
| CIBC Asset Management Inc | 0.53% | Reduce -11.8% | 815,778 | $181.8M |
| Connor, Clark & Lunn Investment Management Ltd. | 0.57% | Reduce -46.4% | 810,364 | $180.3M |
| Bank of America Corp. | 0.01% | Reduce -27.3% | 754,227 | $168.1M |
| Morgan Stanley | 0.01% | Reduce -15.7% | 752,474 | $167.7M |
| Clearbridge Investments, LLC | 0.11% | Reduce -2.1% | 669,383 | $149.2M |
| Capital Research Global Investors | 0.03% | Add +0.8% | 638,396 | $142.2M |
| Bank of Nova Scotia | 0.24% | Reduce -2.6% | 608,736 | $135.5M |
| Markel Group | 1.10% | Add +6.3% | 605,500 | $135.0M |
| Scharf Investments, LLC | 3.35% | Add +24.8% | 597,744 | $133.2M |
| Picton Mahoney Asset Management | 1.69% | Add +19.9% | 591,206 | $131.6M |
| Swiss National Bank | 0.07% | Reduce -5.3% | 554,360 | $123.4M |
| Two Sigma Investments, LP | 0.19% | Reduce -17.0% | 515,796 | $115.0M |
| Toronto Dominion Bank | 0.22% | Add +22.7% | 506,660 | $112.7M |
| Tidal Investments LLC | 0.47% | Add +95.1% | 493,651 | $110.0M |
| Chevy Chase Trust Holdings, LLC | 0.29% | Add +10.5% | 469,201 | $104.6M |
| Charles Schwab Investment Management Inc. | 0.02% | Reduce -1.4% | 435,180 | $96.9M |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | 0.54% | Reduce -30.3% | 425,516 | $94.7M |
| Fiera Capital Corp | 0.29% | Add +5.2% | 397,350 | $88.4M |
| Allianz Asset Management GmbH | 0.11% | Add +51.4% | 385,898 | $85.9M |
| Caisse de depot et placement du Quebec | 0.15% | Add +1.5% | 373,654 | $83.2M |
| Aviso Financial Inc. | 3.26% | Add +42.1% | 359,973 | $80.1M |
| Federation des caisses Desjardins du Quebec | 0.31% | Reduce -13.5% | 349,708 | $77.9M |
| Gilder Gagnon Howe & Co. LLC | 0.79% | Reduce -0.5% | 348,596 | $77.7M |
| Wells Fargo & Company | 0.02% | Add +33.3% | 337,952 | $75.3M |
| Mufg Securities (canada), LTD. | 1.98% | Reduce -2.3% | 318,870 | $71.0M |
| Marathon Asset Management Ltd | 2.51% | Reduce -5.6% | 306,723 | $68.3M |
| BLI - Banque de Luxembourg Investments | 1.82% | Reduce -19.2% | 280,695 | $62.6M |
| Dimensional Fund Advisors LP | 0.01% | Add +3.2% | 270,963 | $60.4M |
| TD Waterhouse Canada Inc. | 0.39% | Add +8.1% | 275,747 | $59.6M |
| Gabelli Funds LLC | 0.40% | Reduce -8.9% | 261,536 | $58.3M |
| UBS Group AG | 0.01% | Add +23.0% | 259,996 | $58.0M |
| American Century Companies Inc. | 0.03% | Reduce -3.9% | 252,318 | $56.2M |
| QV Investors Inc. | 4.70% | Reduce -0.9% | 244,138 | $54.4M |
| Korea Investment CORP | 0.11% | Add +97.9% | 243,749 | $54.3M |
| Covea Finance | 1.87% | Reduce -2.9% | 241,058 | $53.6M |
| Sprott Inc. | 2.01% | Reduce -22.7% | 240,505 | $53.6M |
| Skerryvore Asset Management Ltd | 35.43% | Reduce -29.5% | 242,653 | $50.8M |
| BlackRock, Inc. | 0.00% | Add +3.1% | 223,757 | $49.9M |
| Euro Pacific Asset Management, LLC | 5.89% | Add +2.4% | 234,129 | $48.8M |
| St. James Investment Company, LLC | 7.59% | Reduce -1.8% | 216,901 | $48.3M |
| Corient Private Wealth LP | 0.07% | Reduce -2.0% | 206,775 | $46.1M |
| Nuveen, LLC | 0.01% | Add +0.6% | 203,474 | $45.3M |
| Bank of New York Mellon Corp | 0.01% | Add +6.5% | 196,630 | $43.8M |
| Annex Advisory Services, LLC | 0.90% | Add +5.7% | 190,636 | $42.5M |
| Groupama Asset Managment | 0.62% | Reduce -32.6% | 185,601 | $41.4M |
| Cannell & Spears LLC | 0.75% | Add +6.3% | 177,356 | $39.5M |
| Northern Trust Corp. | 0.01% | Add +8.4% | 175,863 | $39.2M |
| Scotia Capital Inc. | 0.15% | Add +5.8% | 162,069 | $36.1M |
| America First Investment Advisors, LLC | 6.54% | Reduce -4.3% | 157,936 | $35.2M |
| Northwest & Ethical Investments L.P. | 0.81% | Add +0.8% | 154,345 | $34.3M |
| Aviva PLC | 0.06% | Add +6.2% | 152,787 | $34.0M |
| Allspring Global Investments Holdings, LLC | 0.05% | Add +4.5% | 114,465 | $33.8M |
| Addenda Capital Inc. | 0.99% | Reduce -12.2% | 108,238 | $33.5M |
| Telemark Asset Management, LLC | 3.17% | Add +50.0% | 150,000 | $33.4M |
| CWA Asset Management Group, LLC | 1.20% | Add +87.6% | 145,457 | $32.4M |
| Scheer, Rowlett & Associates Investment Management Ltd. | 1.92% | New | 144,405 | $32.1M |
| Baird Financial Group, Inc. | 0.05% | Reduce -1.6% | 137,150 | $30.6M |
| Palisade Capital Management, LP | 0.91% | Reduce -7.3% | 132,388 | $29.5M |
| Schwartz Investment Counsel Inc. | 0.95% | No change | 126,700 | $28.2M |
| Ashford Capital Management Inc. | 3.13% | Reduce -8.6% | 126,252 | $28.1M |
| CANADA LIFE ASSURANCE Co | 0.04% | Reduce -7.0% | 123,665 | $26.6M |
| D. E. Shaw & Co. | 0.02% | Reduce -52.4% | 113,142 | $25.2M |
| AXA Investment Managers S.A. | 0.07% | — | 112,699 | $25.1M |
| Carrhae Capital LLP | 2.37% | Reduce -59.3% | 112,054 | $25.0M |
| Intact Investment Management Inc. | 0.76% | Add +186.5% | 112,120 | $25.0M |
"% of holder's portfolio" is FNV's weight in each manager's 13F, not the share of Franco-Nevada Corp. the manager owns.