Franco-NevadaFNV
13F holders, Q4 2025 (December 31)610holders +39
74new positions
52sold out
8famous investors
$207.59avg. 13F price*
At the end of Q4 2025, 610 institutions reported holding Franco-Nevada Corp. (FNV) in their 13F filings, up 39 from Q3 2025. 74 opened new positions and 52 sold out. The largest holders were FMR LLC ($4.2B), Massachusetts Financial Services Co. ($2.4B) and Vanguard Group Inc. ($1.7B). 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 Mario Gabelli (0.0% of GAMCO Investors's portfolio).
- Company
- Franco-Nevada Corp.
- CUSIP
- 351858105
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 74 | $124.0M |
| Exits | 52 | $107.1M |
All 13F filers, Q3 2025 → Q4 2025: 12,021,613 shares bought and 10,100,954 shares sold, net +1,920,659 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 610 holders
| FMR LLC | 0.22% | Add +14.3% | 20,332,087 | $4.2B |
| Massachusetts Financial Services Co. | 0.78% | Add +0.2% | 11,688,537 | $2.4B |
| Vanguard Group Inc. | 0.03% | Add +1.4% | 8,330,234 | $1.7B |
| Van Eck Associates Corp. | 1.28% | Add +12.8% | 7,441,133 | $1.5B |
| FIL Ltd | 0.93% | Reduce -12.3% | 6,016,926 | $1.2B |
| Bank of Montreal | 0.45% | Reduce -5.9% | 5,231,145 | $1.1B |
| Capital World Investors | 0.15% | Reduce -34.8% | 5,207,241 | $1.1B |
| First Eagle Investment Management, LLC | 1.87% | Add +26.5% | 5,123,444 | $1.1B |
| EdgePoint Investment Group Inc. | 5.70% | Reduce -5.5% | 3,351,002 | $694.6M |
| Royal Bank of Canada | 0.10% | Add +10.2% | 2,808,645 | $582.2M |
| Norges Bank | 0.06% | — | 2,791,151 | $578.6M |
| 1832 Asset Management L.P. | 0.69% | Add +182.5% | 2,602,355 | $539.4M |
| Renaissance Technologies | 0.80% | Reduce -13.0% | 2,478,118 | $513.7M |
| T. Rowe Price Associates Inc. | 0.06% | Reduce -9.8% | 2,477,975 | $513.6M |
| Arrowstreet Capital, Limited Partnership | 0.29% | Reduce -14.8% | 2,365,197 | $490.3M |
| Mackenzie Financial Corp. | 0.57% | Reduce -2.4% | 2,305,983 | $479.0M |
| Geode Capital Management, LLC | 0.03% | Add +11.4% | 1,932,148 | $412.4M |
| TD Asset Management Inc | 0.33% | Reduce -3.5% | 1,959,620 | $406.7M |
| Deutsche Bank AG | 0.13% | Add +30.7% | 1,889,414 | $391.6M |
| GQG Partners LLC | 0.60% | Add +1.8% | 1,746,117 | $362.4M |
| Orbis Allan Gray Ltd | 1.22% | Reduce -0.7% | 1,409,189 | $292.1M |
| Cibc World Market Inc. | 0.50% | Add +26.3% | 1,357,815 | $281.5M |
| National Bank of Canada | 0.28% | Reduce -16.3% | 1,299,180 | $268.9M |
| Capital Research Global Investors | 0.05% | Add +100.2% | 1,277,889 | $264.9M |
| Victory Capital Management Inc. | 0.14% | Reduce -24.5% | 1,197,679 | $248.3M |
| Canada Pension Plan Investment Board | 0.16% | Add +27.8% | 1,182,118 | $245.0M |
| Amundi | 0.07% | Add +12.3% | 1,140,962 | $236.5M |
| Invesco Ltd. | 0.02% | Add +13.3% | 1,070,436 | $221.9M |
| Manufacturers Life Insurance Company, The | 0.18% | Reduce -26.7% | 1,050,159 | $218.1M |
| Legal & General Group Plc | 0.05% | Add +5.9% | 1,044,515 | $216.8M |
| M&G PLC | 1.14% | Reduce -0.8% | 1,025,755 | $213.0M |
| Goldman Sachs Group Inc. | 0.03% | Reduce -2.1% | 999,645 | $207.2M |
| Horizon Kinetics Asset Management LLC | 2.71% | Reduce -4.4% | 968,101 | $200.7M |
| Beutel, Goodman & Co Ltd. | 1.18% | Reduce -7.2% | 927,474 | $192.5M |
| Morgan Stanley | 0.01% | Add +20.5% | 906,771 | $188.0M |
| JPMorgan Chase & Co. | 0.01% | Reduce -17.9% | 832,544 | $172.6M |
| Two Sigma Advisers, LP | 0.32% | Reduce -15.6% | 803,300 | $166.5M |
| Bank of America Corp. | 0.01% | Add +4.1% | 785,263 | $162.8M |
| CIBC Asset Management Inc | 0.35% | Reduce -15.2% | 692,194 | $143.9M |
| Scharf Investments, LLC | 3.85% | Add +15.8% | 692,209 | $143.5M |
| Markel Group | 1.13% | Add +12.9% | 683,500 | $141.7M |
| Clearbridge Investments, LLC | 0.11% | Reduce -3.3% | 647,433 | $134.2M |
| Picton Mahoney Asset Management | 1.43% | Add +6.7% | 630,703 | $130.9M |
| Tidal Investments LLC | 0.53% | Add +24.4% | 613,832 | $127.2M |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | 0.67% | Add +44.0% | 612,815 | $127.0M |
| Toronto Dominion Bank | 0.21% | Add +12.7% | 570,896 | $118.3M |
| Swiss National Bank | 0.06% | Reduce -7.9% | 510,760 | $106.1M |
| Chevy Chase Trust Holdings, LLC | 0.27% | Add +3.5% | 485,486 | $100.6M |
| Bank of Nova Scotia | 0.14% | Reduce -24.1% | 461,758 | $95.7M |
| Charles Schwab Investment Management Inc. | 0.01% | Add +1.2% | 440,483 | $91.4M |
| Allianz Asset Management GmbH | 0.10% | Add +11.0% | 428,510 | $88.9M |
| Two Sigma Investments, LP | 0.13% | Reduce -21.2% | 406,597 | $84.3M |
| Aviso Financial Inc. | 3.14% | Add +10.6% | 398,108 | $82.5M |
| Connor, Clark & Lunn Investment Management Ltd. | 0.21% | Reduce -53.4% | 377,962 | $78.3M |
| Fiera Capital Corp | 0.24% | Reduce -9.5% | 359,750 | $74.6M |
| Gilder Gagnon Howe & Co. LLC | 0.75% | Reduce -2.1% | 341,137 | $70.7M |
| American Century Companies Inc. | 0.03% | Add +27.1% | 320,812 | $66.5M |
| Carrhae Capital LLP | 4.06% | Add +162.2% | 293,772 | $60.9M |
| Mufg Securities (canada), LTD. | 1.69% | Reduce -8.0% | 293,527 | $60.9M |
| Marathon Asset Management Ltd | 2.31% | Reduce -5.9% | 288,741 | $59.9M |
| TD Waterhouse Canada Inc. | 0.36% | Add +3.1% | 284,337 | $58.6M |
| Addenda Capital Inc. | 1.70% | Add +88.1% | 203,643 | $57.9M |
| UBS Group AG | 0.01% | Add +2.5% | 266,574 | $55.3M |
| Dimensional Fund Advisors LP | 0.01% | Reduce -2.1% | 265,191 | $55.0M |
| BLI - Banque de Luxembourg Investments | 1.57% | Reduce -8.3% | 257,495 | $53.5M |
| D. E. Shaw & Co. | 0.04% | Add +112.6% | 240,528 | $49.9M |
| Sprott Inc. | 1.77% | Reduce -1.2% | 237,666 | $49.3M |
| BlackRock, Inc. | 0.00% | Add +3.8% | 232,310 | $48.2M |
| QV Investors Inc. | 3.85% | Reduce -7.2% | 226,560 | $47.0M |
| Carmignac Gestion | 0.63% | Add +797.2% | 225,511 | $46.7M |
| Euro Pacific Asset Management, LLC | 5.18% | Add +1.2% | 236,967 | $46.7M |
| Skerryvore Asset Management Ltd | 35.38% | Reduce -9.8% | 218,953 | $45.4M |
| St. James Investment Company, LLC | 7.16% | Reduce -0.8% | 215,261 | $44.6M |
| Covea Finance | 1.43% | Reduce -13.6% | 208,258 | $43.3M |
| Intact Investment Management Inc. | 1.23% | Add +83.9% | 206,208 | $42.7M |
| Nuveen, LLC | 0.01% | Add +0.2% | 203,835 | $42.3M |
| Annex Advisory Services, LLC | 0.79% | Add +4.9% | 199,972 | $41.5M |
| Bank of New York Mellon Corp | 0.01% | Add +1.2% | 198,978 | $41.2M |
| Marshall Wace, LLP | 0.04% | Add +3298.4% | 192,313 | $39.9M |
| Groupama Asset Managment | 0.57% | Reduce -0.5% | 184,641 | $38.3M |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 0.04% | Add +3579.3% | 132,711 | $37.8M |
| Cannell & Spears LLC | 0.69% | Reduce -0.3% | 176,862 | $36.7M |
| Northern Trust Corp. | 0.00% | Reduce -0.6% | 174,878 | $36.2M |
| Aviva PLC | 0.06% | Add +5.5% | 161,254 | $33.5M |
| Federation des caisses Desjardins du Quebec | 0.13% | Reduce -54.0% | 160,990 | $33.2M |
| Scotia Capital Inc. | 0.13% | Reduce -4.1% | 155,449 | $32.1M |
| CWA Asset Management Group, LLC | 1.16% | Add +6.3% | 154,592 | $32.0M |
| Allspring Global Investments Holdings, LLC | 0.05% | No change | 114,465 | $31.1M |
| MUFG Securities EMEA plc | 0.36% | New | 150,000 | $31.1M |
| America First Investment Advisors, LLC | 5.53% | Reduce -7.3% | 146,440 | $30.4M |
| Gabelli Funds LLC | 0.21% | Reduce -44.1% | 146,270 | $30.3M |
| Northwest & Ethical Investments L.P. | 0.68% | Reduce -6.3% | 144,606 | $30.0M |
| Scheer, Rowlett & Associates Investment Management Ltd. | 2.04% | Reduce -0.7% | 143,350 | $29.7M |
| Baird Financial Group, Inc. | 0.04% | Reduce -0.2% | 136,931 | $28.4M |
| CANADA LIFE ASSURANCE Co | 0.05% | Add +9.9% | 135,915 | $28.1M |
| Quadrature Capital Ltd | 0.28% | New | 130,600 | $27.1M |
| Wells Fargo & Company | 0.01% | Reduce -61.6% | 129,745 | $26.9M |
| Palisade Capital Management, LP | 0.89% | Reduce -2.1% | 129,664 | $26.9M |
| Schwartz Investment Counsel Inc. | 0.91% | Reduce -0.8% | 125,700 | $26.1M |
| Russell Investments Group, Ltd. | 0.03% | Add +16.8% | 123,483 | $25.6M |
"% of holder's portfolio" is FNV's weight in each manager's 13F, not the share of Franco-Nevada Corp. the manager owns.