FNV
Franco-Nevada Corporation · Basic Materials · Gold
Momentum inputs (comparable managers):
holder breadth +5.3% ·
share flow -0.5% ·
net new positions +5.0%
· formula
Ownership fragmentation: more holders, smaller aggregate stake
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q2 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q3 2026 | 3 | 0 | 865.05K | $201.01M | n/a | −1 |
| Q2 2026 | 135 | -3 | 101.24M | $21.34B | +4 | −9 |
| Q1 2026 | 142 | +6 | 107.77M | $26.74B | +9 | −4 |
| Q4 2025 | 135 | -1 | 113.28M | $23.52B | +2 | −2 |
| Q3 2025 | 21 | -1 | 49.69M | $11.07B | n/a | −2 |
| Q2 2025 | 20 | +1 | 44.54M | $7.31B | +2 | −1 |
| Q1 2025 | 16 | +1 | 23.24M | $3.66B | +1 | n/a |
| Q4 2024 | 15 | -1 | 22.37M | $2.63B | n/a | −1 |
| Q3 2024 | 16 | +1 | 19.21M | $2.39B | +1 | n/a |
| Q2 2024 | 15 | n/a | 17.40M | $2.06B | n/a | n/a |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Fidelity (FMR) ✦ | 13.23M | n/a | $2.17B | 0.1% | n/c | 1 | SEC ↗ ×6 |
| 2 | The Vanguard Group ✦ (passive) | 8.09M | n/a | $1.33B | 0.0% | n/c | 1 | SEC ↗ ×5 |
| 3 | Capital World Investors ✦ | 8.04M | +0.4% | $1.32B | 0.2% | ▲ Add | 5 | SEC ↗ |
| 4 | Renaissance Technologies ✦ | 3.26M | +7.5% | $534.04M | 0.7% | ▲ Add | 5 | SEC ↗ |
| 5 | Arrowstreet Capital ✦ | 3.22M | +35.2% | $528.29M | 0.4% | ▲ Add | 5 | SEC ↗ |
| 6 | Norges Bank ✦ (passive) | 2.80M | +29.2% | $460.22M | 0.1% | ▲ Add | 5 | SEC ↗ |
| 7 | Geode Capital Management ✦ (passive) | 1.50M | +20.2% | $247.05M | 0.0% | ▲ Add | 5 | SEC ↗ ×2 |
| 8 | T. Rowe Price ✦ | 1.48M | -58.0% | $242.17M | 0.0% | ▼ Trim | 5 | SEC ↗ |
| 9 | Two Sigma Investments ✦ | 621.14K | -6.3% | $101.82M | 0.2% | ▼ Trim | 5 | SEC ↗ |
| 10 | Markel Group ✦ | 569.50K | +8.4% | $93.35M | 0.8% | ▲ Add | 5 | SEC ↗ |
| 11 | Citadel Advisors ✦ | 521.94K | -31.8% | $85.56M | 0.1% | ▼ Trim | 5 | SEC ↗ ×2 |
| 12 | Millennium Management ✦ | 490.22K | -32.5% | $80.37M | 0.1% | ▼ Trim | 5 | SEC ↗ |
| 13 | D. E. Shaw & Co. ✦ | 237.47K | +16054.5% | $38.97M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 14 | BlackRock ✦ (passive) | 216.92K | n/a | $35.56M | 0.0% | n/c | 1 | SEC ↗ ×6 |
| 15 | Adage Capital Partners ✦ | 126.00K | New | $20.65M | 0.0% | New | 1 | SEC ↗ |
| 16 | Wellington Management ✦ | 86.17K | -9.7% | $14.12M | 0.0% | ▼ Trim | 5 | SEC ↗ ×2 |
| 17 | GAMCO Investors ✦ | 29.67K | +15.5% | $4.86M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 18 | Fairfax Financial ✦ | 16.80K | 0.0% | $2.75M | 0.1% | Held | 5 | SEC ↗ |
| 19 | Marshall Wace ✦ | 9.01K | New | $1.48M | 0.0% | New | 1 | SEC ↗ ×2 |
| 20 | AQR Capital Management ✦ | 7.68K | +402.7% | $1.26M | 0.0% | ▲ Add | 2 | SEC ↗ ×3 |
“Their weight” = the position's share of that manager's reported 13F equity value: the conviction measure. ✦ = curated manager.
New buyers
| Adage Capital Partners | $20.65M | 0.0% |
| Marshall Wace | $1.48M | 0.0% |
Exited
| Point72 Asset Management | $10.18M | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 1 holders, 3.96K shares, $630,204 reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold: shared-ownership counts, not fundamental relationships.