FRANCO NEVADA Corp (FNV) — Institutional Holders, Q2 2026
666 institutional investment managers reported a FNV position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $29.0B. Every filer is listed below, ranked by position value, 100 per page; this page shows ranks 1 to 100. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.
FNV in Q2 2026: what funds did
Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.
Biggest buyers
- ROYAL BANK OF CANADAAdded · +1,360,487 sh+$283.6M
- FIL LtdAdded · +918,766 sh+$191.5M
- Connor, Clark & Lunn Investment Management Ltd.Added · +483,007 sh+$100.7M
- Point72 Asset Management, L.P.Added · +329,853 sh+$68.8M
- TORONTO DOMINION BANKAdded · +257,671 sh+$53.7M
Biggest sellers
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIPTrimmed · -1,676,034 sh-$349.4M
- GQG PartnersSold out · -1,166,853 sh-$243.2M
- MACKENZIE FINANCIALTrimmed · -849,372 sh-$177.0M
- PRICE T ROWE ASSOCIATESTrimmed · -833,929 sh-$173.8M
- Capital World InvestorsTrimmed · -641,070 sh-$133.6M
FNV 13F holders ranked 1–100 of 666
| # | Institution | Shares | Value | % of portfolio | QoQShares vs Q1 2026 |
|---|---|---|---|---|---|
| 1 | FMR#1 · 21,649,301 sh | 21,649,301 | $4.5B | 0.20% | +0.2% |
| 2 | MASSACHUSETTS FINANCIAL SERVICES#2 · 11,045,957 sh | 11,045,957 | $2.4B | 0.75% | -0.4% |
| 3 | VAN ECK ASSOCIATES#3 · 7,017,409 sh | 7,017,409 | $1.5B | 0.89% | -7.1% |
| 4 | FIL Ltd#4 · 6,814,044 sh | 6,814,044 | $1.4B | 1.02% | +15.6% |
| 5 | VANGUARD CAPITAL MANAGEMENT#5 · 5,619,690 sh | 5,619,690 | $1.2B | 0.03% | +1.3% |
| 6 | BANK OF MONTREAL#6 · 5,361,688 sh | 5,361,688 | $1.1B | 0.37% | +5.0% |
| 7 | First Eagle Investment Management#7 · 5,273,317 sh | 5,273,317 | $1.1B | 1.83% | 0.0% |
| 8 | ROYAL BANK OF CANADA#8 · 4,359,454 sh | 4,359,454 | $908.7M | 0.14% | +45.4% |
| 9 | Capital World Investors#9 · 4,328,732 sh | 4,328,732 | $903.2M | 0.11% | -12.9% |
| 10 | EdgePoint Investment Group#10 · 3,159,182 sh | 3,159,182 | $658.5M | 4.98% | -8.7% |
| 11 | NORGES BANK#11 · 2,788,613 sh | 2,788,613 | $581.3M | 0.06% | — |
| 12 | 1832 Asset Management L.P.#12 · 2,569,467 sh | 2,569,467 | $535.6M | 0.27% | -1.5% |
| 13 | MACKENZIE FINANCIAL#13 · 1,595,402 sh | 1,595,402 | $472.1M | 0.47% | -34.7% |
| 14 | GEODE CAPITAL MANAGEMENT#14 · 2,165,139 sh | 2,165,139 | $462.7M | 0.02% | +11.9% |
| 15 | RENAISSANCE TECHNOLOGIES#15 · 2,036,918 sh | 2,036,918 | $424.6M | 0.58% | -8.2% |
| 16 | DEUTSCHE BANK AG\#16 · 1,786,773 sh | 1,786,773 | $372.4M | 0.11% | +3.1% |
| 17 | VANGUARD FIDUCIARY#17 · 1,700,117 sh | 1,700,117 | $354.7M | 0.08% | +1.0% |
| 18 | Capital Research Global Investors#18 · 1,596,170 sh | 1,596,170 | $332.8M | 0.05% | -1.5% |
| 19 | TD ASSET MANAGEMENT#19 · 1,581,785 sh | 1,581,785 | $329.9M | 0.29% | -18.4% |
| 20 | NATIONAL BANK OF CANADA#20 · 1,482,000 sh | 1,482,000 | $308.5M | 0.22% | +9.5% |
| 21 | Orbis Allan Gray Ltd#21 · 1,290,361 sh | 1,290,361 | $269.0M | 0.92% | +19.5% |
| 22 | CANADA PENSION PLAN INVESTMENT BOARD#22 · 1,220,989 sh | 1,220,989 | $254.5M | 0.14% | +3.3% |
| 23 | M&G Plc#23 · 1,055,680 sh | 1,055,680 | $230.5M | 1.15% | +18.6% |
| 24 | CIBC WORLD MARKET#24 · 1,082,752 sh | 1,082,752 | $225.7M | 0.36% | -18.0% |
| 25 | Amundi#25 · 1,032,999 sh | 1,032,999 | $215.3M | 0.05% | -13.3% |
| 26 | GOLDMAN SACHS GROUP#26 · 1,008,183 sh | 1,008,183 | $210.1M | 0.02% | +5.4% |
| 27 | PRICE T ROWE ASSOCIATES#27 · 962,629 sh | 962,629 | $200.7M | 0.02% | -46.4% |
| 28 | Legal & General Group Plc#28 · 929,497 sh | 929,497 | $193.9M | 0.04% | -12.3% |
| 29 | JPMORGAN CHASE#29 · 932,472 sh | 932,472 | $193.3M | 0.01% | +9.1% |
| 30 | Invesco Ltd.#30 · 921,285 sh | 921,285 | $192.0M | 0.02% | -7.1% |
| 31 | TWO SIGMA INVESTMENTS#31 · 863,844 sh | 863,844 | $180.1M | 0.13% | -33.2% |
| 32 | CIBC Asset Management#32 · 833,026 sh | 833,026 | $173.7M | 0.38% | +37.0% |
| 33 | TD Waterhouse Canada#33 · 817,307 sh | 817,307 | $172.1M | — | +5.1% |
| 34 | Vanguard Global Advisers#34 · 816,322 sh | 816,322 | $170.3M | 0.08% | +6.2% |
| 35 | Beutel, Goodman & Ltd.#35 · 813,030 sh | 813,030 | $169.6M | 1.25% | +35.2% |
| 36 | PICTON MAHONEY ASSET MANAGEMENT#36 · 796,135 sh | 796,135 | $165.7M | 1.23% | +4.9% |
| 37 | MARKEL GROUP#37 · 773,500 sh | 773,500 | $161.2M | 1.23% | +9.2% |
| 38 | HORIZON KINETICS ASSET MANAGEMENT#38 · 773,418 sh | 773,418 | $161.2M | 1.83% | +2.1% |
| 39 | TORONTO DOMINION BANK#39 · 771,070 sh | 771,070 | $160.7M | 0.19% | +50.2% |
| 40 | MORGAN STANLEY#40 · 765,677 sh | 765,677 | $159.6M | <0.01% | -5.7% |
| 41 | MANUFACTURERS LIFE INSURANCE COMPANY, THE#41 · 736,359 sh | 736,359 | $153.3M | 0.12% | -25.3% |
| 42 | Point72 Asset Management, L.P.#42 · 705,866 sh | 705,866 | $147.1M | 0.16% | +87.7% |
| 43 | Connor, Clark & Lunn Investment Management Ltd.#43 · 632,473 sh | 632,473 | $131.8M | 0.25% | +323.2% |
| 44 | Swiss National Bank#44 · 623,260 sh | 623,260 | $129.7M | 0.07% | -4.0% |
| 45 | Clearbridge Investments#45 · 610,251 sh | 610,251 | $127.2M | 0.11% | -2.9% |
| 46 | BANK OF AMERICA#46 · 607,272 sh | 607,272 | $126.6M | <0.01% | -13.6% |
| 47 | Chevy Chase#47 · 541,560 sh | 541,560 | $112.9M | 0.29% | +2.2% |
| 48 | BANK OF NOVA SCOTIA#48 · 491,382 sh | 491,382 | $102.5M | 0.15% | +1.2% |
| 49 | SCHARF INVESTMENTS#49 · 472,469 sh | 472,469 | $98.5M | 3.25% | -15.2% |
| 50 | Toroso Investments#50 · 466,139 sh | 466,139 | $97.2M | 0.17% | -22.7% |
| 51 | CHARLES SCHWAB INVESTMENT MANAGEMENT#51 · 463,370 sh | 463,370 | $96.7M | 0.01% | +2.4% |
| 52 | Select Equity Group, L.P.#52 · 416,544 sh | 416,544 | $86.9M | 0.43% | +0.2% |
| 53 | BRITISH COLUMBIA INVESTMENT MANAGEMENT#53 · 403,806 sh | 403,806 | $84.2M | 0.53% | +5.6% |
| 54 | UBS Group AG#54 · 384,466 sh | 384,466 | $80.1M | 0.01% | -17.7% |
| 55 | Aviso Financial#55 · 371,956 sh | 371,956 | $77.6M | 2.70% | -25.3% |
| 56 | VANGUARD ASSET MANAGEMENT, Ltd#56 · 350,955 sh | 350,955 | $73.2M | 0.05% | +13.6% |
| 57 | DIMENSIONAL FUND ADVISORS#57 · 348,916 sh | 348,916 | $72.7M | 0.01% | +43.6% |
| 58 | Groupe la Francaise#58 · 340,000 sh | 340,000 | $71.0M | 0.44% | +119.4% |
| 59 | AMERICAN CENTURY COMPANIES#59 · 325,147 sh | 325,147 | $67.8M | 0.03% | +0.3% |
| 60 | GILDER GAGNON HOWE#60 · 310,693 sh | 310,693 | $64.8M | 0.67% | -8.0% |
| 61 | MILLENNIUM MANAGEMENT#61 · 307,286 sh | 307,286 | $64.1M | 0.02% | +106.3% |
| 62 | Allianz Asset Management GmbH#62 · 251,665 sh | 251,665 | $62.1M | 0.06% | -0.6% |
| 63 | AQR CAPITAL MANAGEMENT#63 · 291,005 sh | 291,005 | $60.7M | 0.02% | +415.9% |
| 64 | Federation des caisses Desjardins du Quebec#64 · 290,262 sh | 290,262 | $60.1M | 0.18% | +9.3% |
| 65 | PUBLIC SECTOR PENSION INVESTMENT BOARD#65 · 274,167 sh | 274,167 | $57.1M | 0.15% | +200.8% |
| 66 | GROUPAMA ASSET MANAGMENT#66 · 275,234 sh | 275,234 | $57.1M | 0.72% | +17.5% |
| 67 | MUFG SECURITIES (CANADA), LTD.#67 · 272,806 sh | 272,806 | $56.8M | 1.53% | -4.6% |
| 68 | BlackRock#68 · 253,389 sh | 253,389 | $52.8M | <0.01% | +1.3% |
| 69 | Marathon Asset Management Ltd#69 · 250,994 sh | 250,994 | $52.4M | — | -12.8% |
| 70 | Fiera Capital#70 · 250,220 sh | 250,220 | $52.1M | 0.19% | -13.6% |
| 71 | SPROTT#71 · 226,629 sh | 226,629 | $47.2M | 1.50% | -0.3% |
| 72 | JANE STREET GROUP#72 · 221,897 sh | 221,897 | $46.3M | <0.01% | -52.5% |
| 73 | St. James Investment Company#73 · 215,769 sh | 215,769 | $45.0M | 7.14% | +0.7% |
| 74 | Nuveen#74 · 215,012 sh | 215,012 | $44.8M | 0.01% | +5.0% |
| 75 | QV Investors#75 · 211,562 sh | 211,562 | $44.1M | — | -4.7% |
| 76 | Addenda Capital#76 · 143,948 sh | 143,948 | $42.6M | — | -35.1% |
| 77 | Bank of New York Mellon#77 · 203,180 sh | 203,180 | $42.4M | <0.01% | +4.1% |
| 78 | Covea Finance#78 · 203,057 sh | 203,057 | $42.2M | — | -0.4% |
| 79 | BLI - Banque de Luxembourg Investments#79 · 201,995 sh | 201,995 | $42.0M | 1.48% | -21.6% |
| 80 | Navera Investment Management Ltd.#80 · 195,028 sh | 195,028 | $40.7M | 1.09% | New |
| 81 | CAISSE DE DEPOT ET PLACEMENT DU QUEBEC#81 · 191,986 sh | 191,986 | $40.0M | 0.06% | +147.8% |
| 82 | BARCLAYS PLC#82 · 190,432 sh | 190,432 | $39.7M | <0.01% | +83.1% |
| 83 | Purpose Unlimited#83 · 181,381 sh | 181,381 | $38.2M | 1.46% | +0.1% |
| 84 | Spears Abacus Advisors#84 · 180,724 sh | 180,724 | $37.7M | 0.67% | +1.6% |
| 85 | Allspring Global Investments#85 · 132,665 sh | 132,665 | $36.0M | 0.06% | +0.2% |
| 86 | NORTHERN#86 · 172,252 sh | 172,252 | $35.9M | <0.01% | -3.3% |
| 87 | Scheer, Rowlett & Associates Investment Management Ltd.#87 · 171,766 sh | 171,766 | $35.8M | 2.57% | +7.3% |
| 88 | Ceredex Value Advisors#88 · 169,312 sh | 169,312 | $35.3M | 0.99% | New |
| 89 | AVIVA PLC#89 · 168,005 sh | 168,005 | $35.0M | 0.05% | +1.1% |
| 90 | Merewether Investment Management#90 · 167,712 sh | 167,712 | $35.0M | 0.66% | +16.5% |
| 91 | Skerryvore Asset Management Ltd#91 · 163,253 sh | 163,253 | $34.0M | 30.38% | -6.9% |
| 92 | Annex Advisory Services#92 · 160,605 sh | 160,605 | $33.5M | — | +70.5% |
| 93 | BLAIR WILLIAM#93 · 156,208 sh | 156,208 | $32.6M | 0.08% | -1.3% |
| 94 | ANCHOR CAPITAL ADVISORS#94 · 153,496 sh | 153,496 | $32.0M | 0.90% | New |
| 95 | Jupiter Topco#95 · 151,252 sh | 151,252 | $31.5M | 0.01% | — |
| 96 | BNP Paribas Asset Management Holding S.A.#96 · 150,514 sh | 150,514 | $31.3M | 0.03% | -2.7% |
| 97 | GREAT WEST LIFE ASSURANCE#97 · 148,845 sh | 148,845 | $30.8M | 0.05% | +9.1% |
| 98 | SCOTIA CAPITAL#98 · 145,700 sh | 145,700 | $30.2M | 0.11% | -4.6% |
| 99 | Northwest & Ethical Investments L.P.#99 · 130,157 sh | 130,157 | $27.1M | 0.63% | -11.8% |
| 100 | RAYMOND JAMES FINANCIAL#100 · 127,058 sh | 127,058 | $26.5M | <0.01% | +1.8% |
Funds that sold out of FNV in Q2 2026 (58)
Held FNV at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.
Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.