Vault-13

FRANCO NEV CORP FNV

COM · Common Stock · CUSIP 351858105 · ISIN CA3518581051

495 institutional holders +4 vs Q1 2023
131,912,151131.9m shares reported held*
$18.9bnreported value*
43 new 155 added 170 reduced 46 sold out net sold ≈ $1.9bn (-13.0m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($69.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $143.05. Options: 18 managers hold calls ($259.0m notional), 15 hold puts ($125.2m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 471Q4 22: 488Q1 23: 491Q2 23: 495495Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022471
Q4 2022488
Q1 2023491
Q2 2023495

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
4000400Q4 22: 214 bought or addedQ4 22: 215 cut or sold outQ4 22Q1 23: 223 bought or addedQ1 23: 212 cut or sold outQ1 23Q2 23: 198 bought or addedQ2 23: 216 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022214215
Q1 2023223212
Q2 2023198216

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$100m$200m$300m$400mQ3 22 calls: $224.0mQ3 22 puts: $151.9mQ3 22P/C 0.68Q4 22 calls: $252.9mQ4 22 puts: $205.9mQ4 22P/C 0.81Q1 23 calls: $335.2mQ1 23 puts: $217.3mQ1 23P/C 0.65Q2 23 calls: $259.0mQ2 23 puts: $125.2mQ2 23P/C 0.48
Numbers
QuarterCallsPutsP/C
Q3 2022$224.0m$151.9m0.68
Q4 2022$252.9m$205.9m0.81
Q1 2023$335.2m$217.3m0.65
Q2 2023$259.0m$125.2m0.48

Biggest buyers

MANUFACTURERS LIFE INSURANCE COMPANY, THE Added +881,769+881.8k
TORONTO DOMINION BANK Added +678,366+678.4k
BESSEMER GROUP INC Added +356,377+356.4k
NORGES BANK Added +341,975+342.0k
FIL Ltd Added +328,848+328.8k
Man Group plc New +272,760+272.8k
Driehaus Capital Management LLC New +262,592+262.6k
VANGUARD GROUP INC Added +138,877+138.9k
CANADA PENSION PLAN INVESTMENT BOARD Added +132,500+132.5k
BRADLEY FOSTER & SARGENT INC/CT Added +123,648+123.6k

Biggest sellers

FMR LLC Reduced -12,424,846-12.4m
BANK OF AMERICA CORP /DE/ Reduced -1,074,590-1.1m
MACKENZIE FINANCIAL CORP Reduced -563,034-563.0k
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp Reduced -416,512-416.5k
MILLENNIUM MANAGEMENT LLC Reduced -269,641-269.6k
Man Group plc Sold out -222,879-222.9k
Quadrature Capital Ltd Reduced -183,800-183.8k
Capital World Investors Reduced -175,135-175.1k
VAN ECK ASSOCIATES CORP Reduced -151,031-151.0k
JARISLOWSKY, FRASER Ltd Reduced -141,315-141.3k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $99.7m698.9k shares
CITADEL ADVISORS LLC Reduced $29.9m209.9k shares
Parallax Volatility Advisers, L.P. Reduced $28.5m199.9k shares
PEAK6 Investments LLC Reduced $19.0m133.2k shares
SIMPLEX TRADING, LLC Reduced $15.0m105.5k shares
JANE STREET GROUP, LLC Reduced $12.0m84.2k shares
D. E. Shaw & Co., Inc. New $10.7m75.4k shares
BANK OF MONTREAL /CAN/ Unchanged $7.4m50.0k shares
UBS Group AG Added $7.1m49.8k shares
Walleye Trading LLC Added $5.9m41.1k shares

Biggest puts

D. E. Shaw & Co., Inc. Reduced $29.9m210.0k shares
CITADEL ADVISORS LLC Reduced $28.6m200.5k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $23.6m165.8k shares
Parallax Volatility Advisers, L.P. Reduced $18.0m126.4k shares
SIMPLEX TRADING, LLC Reduced $8.2m57.4k shares
SIG North Trading, ULC Reduced $5.3m37.0k shares
CAPITAL FUND MANAGEMENT S.A. New $3.0m21.0k shares
Walleye Trading LLC Reduced $3.0m20.9k shares
UBS Group AG Reduced $1.3m9.2k shares
Walleye Capital LLC Added $1.2m8.6k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
FMR LLC 13G · institution +1.0 pts · filed 2026-05-06 11.2% +1.0 pts 21.6m≈ $4.5bn 2026-05-06
BlackRock, Inc. 13G · institution +1.1 pts · filed 2026-10-27 6.2% +1.1 pts 11.9m≈ $2.5bn 2026-10-27

Insider purchases and sales in Q2 2023

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q2 2023.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FMR LLC 0.20% of their portfolio BOSTON, MA 16,357,25616.4m $2.3bn $2.3bn 0.20% Reduced -12.4m -12,424,846
2 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.49% of their portfolio Boston, MA 10,409,91410.4m $1.5bn $1.5bn 0.49% Added +35.8k +35,807
3 VAN ECK ASSOCIATES CORP 2.55% of their portfolio NEW YORK, NY 8,165,7798.2m $1.2bn $1.2bn 2.55% Reduced -151.0k -151,031
4 FIL Ltd 1.27% of their portfolio HAMILTON, D0 7,912,8307.9m $1.1bn $1.1bn 1.27% Added +328.8k +328,848
5 VANGUARD GROUP INC 0.02% of their portfolio Valley Forge, PA 6,992,1107.0m $997.1m $997.1m 0.02% Added +138.9k +138,877
6 BANK OF MONTREAL /CAN/ 0.24% of their portfolio TORONTO, A6 4,484,8444.5m $662.5m $662.5m 0.24% Added +34.2k +34,238
7 ROYAL BANK OF CANADA 0.17% of their portfolio TORONTO, A6 4,368,6954.4m $623.0m $623.0m 0.17% Reduced -59.7k -59,747
8 RENAISSANCE TECHNOLOGIES LLC 0.72% of their portfolio NEW YORK, NY 3,500,7033.5m $499.2m $499.2m 0.72% Added +27.2k +27,200
9 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.28% of their portfolio Toronto, A6 3,475,4523.5m $495.3m $495.3m 0.28% Added +881.8k +881,769
10 JARISLOWSKY, FRASER Ltd 2.53% of their portfolio MONTREAL, A8 2,984,6343.0m $425.9m $425.9m 2.53% Reduced -141.3k -141,315
11 Capital World Investors 0.07% of their portfolio LOS ANGELES, CA 2,582,1242.6m $368.0m $368.0m 0.07% Reduced -175.1k -175,135
12 VICTORY CAPITAL MANAGEMENT INC 0.39% of their portfolio San Antonio, TX 2,475,0902.5m $352.9m $352.9m 0.39% Added +98.5k +98,520
13 TD Asset Management Inc 0.36% of their portfolio Toronto, A6 2,223,0332.2m $317.2m $317.2m 0.36% Added +3.4k +3,411
14 First Eagle Investment Management, LLC 0.80% of their portfolio NEW YORK, NY 2,187,7072.2m $311.8m $311.8m 0.80% Added +68.5k +68,467
15 NORGES BANK 0.06% of their portfolio OSLO, Q8 1,972,4342.0m $281.1m $281.1m 0.06% Added +342.0k +341,975
16 M&G INVESTMENT MANAGEMENT LTD 1.43% of their portfolio London, X0 1,682,7071.7m $240.0m $240.0m 1.43% Added +31.1k +31,080
17 EdgePoint Investment Group Inc. 2.15% of their portfolio TORONTO, A6 1,681,8741.7m $239.8m $239.8m 2.15% Added +5.8k +5,798
18 BANK OF NOVA SCOTIA 0.62% of their portfolio TORONTO, A6 1,661,0491.7m $236.7m $236.7m 0.62% Added +48.5k +48,544
19 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 1,604,8461.6m $228.9m $228.9m 0.03% Reduced -1.1m -1,074,590
20 NEUBERGER BERMAN GROUP LLC 0.20% of their portfolio NEW YORK, NY 1,593,7491.6m $227.1m $227.1m 0.20% Added +11.5k +11,482
21 Connor, Clark & Lunn Investment Management Ltd. 1.13% of their portfolio VANCOUVER, A1 1,591,8391.6m $226.8m $226.8m 1.13% Reduced -55.5k -55,469
22 CIBC Asset Management Inc 0.87% of their portfolio TORONTO, Z4 1,563,8361.6m $223.0m $223.0m 0.87% Added +10.6k +10,605
23 MACKENZIE FINANCIAL CORP 0.32% of their portfolio TORONTO ONTARIO, A6 1,461,4721.5m $208.3m $208.3m 0.32% Reduced -563.0k -563,034
24 CIBC WORLD MARKET INC. 0.71% of their portfolio TORONTO, A6 1,452,0781.5m $207.1m $207.1m 0.71% Reduced -7.7k -7,749
25 TORONTO DOMINION BANK 0.15% of their portfolio TORONTO, ONTARIO, A6 1,445,3701.4m $207.8m $207.8m 0.15% Added +678.4k +678,366
26 PRINCIPAL FINANCIAL GROUP INC 0.14% of their portfolio DES MOINES, IA 1,424,5761.4m $203.2m $203.2m 0.14% Added +98.2k +98,153
27 NATIONAL BANK OF CANADA /FI/ 0.38% of their portfolio MONTREAL, A8 1,330,4101.3m $189.9m $189.9m 0.38% Reduced -69.1k -69,115
28 JPMORGAN CHASE & CO 0.02% of their portfolio NEW YORK, NY 1,322,4591.3m $188.6m $188.6m 0.02% Reduced -102.5k -102,489
29 Amundi 0.09% of their portfolio Paris, I0 1,217,4081.2m $176.0m $176.0m 0.09% Reduced -16.6k -16,607
30 Troy Asset Management Ltd 4.66% of their portfolio LONDON, X0 1,116,5951.1m $159.2m $159.2m 4.66% Reduced -338 -338
31 Legal & General Group Plc 0.05% of their portfolio London, X0 1,040,9471.0m $148.5m $148.5m 0.05% Added +54.7k +54,729
32 HORIZON KINETICS ASSET MANAGEMENT LLC 3.10% of their portfolio NEW YORK, NY 1,005,0541.0m $143.3m $143.3m 3.10% Reduced -32.9k -32,928
33 1832 Asset Management L.P. 0.25% of their portfolio TORONTO, A6 887,141887.1k $126.5m $126.5m 0.25% Reduced -1.4k -1,428
34 Fiera Capital Corp 0.35% of their portfolio MONTREAL, A8 857,461857.5k $122.4m $122.4m 0.35% Reduced -21.2k -21,195
35 DEUTSCHE BANK AG\ 0.06% of their portfolio FRANKFURT AM MAIN, 2M 846,534846.5k $120.7m $120.7m 0.06% Added +31.1k +31,134
36 Chevy Chase Trust Holdings, LLC 0.44% of their portfolio BETHESDA, MD 828,164828.2k $118.1m $118.1m 0.44% Reduced -1.4k -1,408
37 Beutel, Goodman & Co Ltd. 0.65% of their portfolio TORONTO, A6 808,521808.5k $115.4m $115.4m 0.65% Added +4.5k +4,470
38 CANADA PENSION PLAN INVESTMENT BOARD 0.17% of their portfolio TORONTO ONTARIO, A6 767,630767.6k $109.5m $109.5m 0.17% Added +132.5k +132,500
39 Swiss National Bank 0.07% of their portfolio ZURICH, V8 721,360721.4k $102.9m $102.9m 0.07% Reduced -48.4k -48,400
40 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 661,112661.1k $94.3m $94.3m 0.01% Reduced -46.3k -46,335
41 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 656,612656.6k $93.4m $93.4m 0.01% Added +38.3k +38,286
42 Navera Investment Management Ltd. 2.13% of their portfolio LONDON, X0 579,150579.1k $82.6m $82.6m 2.13% Reduced -10.4k -10,449
43 Caisse de depot et placement du Quebec 0.21% of their portfolio Montreal, A8 561,186561.2k $80.1m $80.1m 0.21% Reduced -121.9k -121,865
44 Employees Provident Fund Board 1.84% of their portfolio SHAH ALAM, N8 545,581545.6k $77.8m $77.8m 1.84% Unchanged
45 BlackRock Inc. 0.00% of their portfolio New York, NY 542,315542.3k $77.3m $77.3m 0.00% Reduced -47.6k -47,585
46 Alberta Investment Management Corp 0.71% of their portfolio EDMONTON, A0 519,283519.3k $74.1m $74.1m 0.71% Added +39.6k +39,557
47 Sumitomo Mitsui Trust Group, Inc. 0.06% of their portfolio CHIYODA-KU, TOKYO, M0 505,476505.5k $72.1m $72.1m 0.06% Reduced -109.8k -109,785
48 BESSEMER GROUP INC 0.15% of their portfolio WOODBRIDGE, NJ 488,200488.2k $69.6m $69.6m 0.15% Added +356.4k +356,377
49 CREDIT SUISSE AG/ 0.07% of their portfolio ZURICH, V8 476,878476.9k $68.0m $68.0m 0.07% Reduced -119.9k -119,889
50 CWA Asset Management Group, LLC 4.37% of their portfolio NAPLES, FL 445,852445.9k $63.6m $63.6m 4.37% Reduced -2.2k -2,237
51 Invesco Ltd. 0.02% of their portfolio ATLANTA, GA 439,230439.2k $62.6m $62.6m 0.02% Added +53.3k +53,292
52 SEGALL BRYANT & HAMILL, LLC 0.61% of their portfolio CHICAGO, IL 412,098412.1k $58.8m $58.8m 0.61% Reduced -2.6k -2,578
53 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.50% of their portfolio VICTORIA, A1 371,332371.3k $52.9m $52.9m 0.50% Reduced -416.5k -416,512
54 Marathon Asset Management Ltd 1.45% of their portfolio London, X0 361,649361.6k $51.6m $51.6m 1.45% Reduced -7.7k -7,709
55 Addenda Capital Inc. 2.35% of their portfolio MONTREAL, A8 296,789296.8k $56.0m $56.0m 2.35% Added +21.4k +21,439
56 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 280,779280.8k $40.0m $40.0m 0.01% Added +16.1k +16,133
57 Man Group plc 0.12% of their portfolio LONDON, X0 272,760272.8k $38.9m $38.9m 0.12% New
58 GABELLI FUNDS LLC 0.29% of their portfolio Rye, NY 269,160269.2k $38.4m $38.4m 0.29% Reduced -30.7k -30,700
59 TD Waterhouse Canada Inc. 0.51% of their portfolio TORONTO, A6 268,005268.0k $51.2m $51.2m 0.51% Reduced -21.9k -21,881
60 Quadrature Capital Ltd 0.83% of their portfolio LONDON, X0 265,300265.3k $37.8m $37.8m 0.83% Reduced -183.8k -183,800
61 Driehaus Capital Management LLC 0.47% of their portfolio Chicago, IL 262,592262.6k $37.4m $37.4m 0.47% New
62 Federation des caisses Desjardins du Quebec 0.39% of their portfolio LEVIS, A8 261,231261.2k $39.4m $39.4m 0.39% Added +14.1k +14,076
63 Canoe Financial LP 0.78% of their portfolio CALGARY, A0 259,846259.8k $37.0m $37.0m 0.78% Reduced -10.8k -10,812
64 CIDEL ASSET MANAGEMENT INC 1.58% of their portfolio TORONTO, A6 244,680244.7k $34.9m $34.9m 1.58% Added +1.8k +1,770
65 AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio KANSAS CITY, MO 242,719242.7k $34.6m $34.6m 0.03% Reduced -37.9k -37,937
66 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 237,423237.4k $33.9m $33.9m 0.01% Added +3.9k +3,874
67 CANADA LIFE ASSURANCE Co 0.08% of their portfolio WINNIPEG, A2 226,372226.4k $32.2m $32.2m 0.08% Reduced -36.2k -36,194
68 Telemark Asset Management, LLC 4.35% of their portfolio BOSTON, MA 225,000225.0k $32.1m $32.1m 4.35% Reduced -25.0k -25,000
69 Allianz Asset Management GmbH 0.06% of their portfolio MUNICH, 2M 219,728219.7k $31.4m $31.4m 0.06% Reduced -22.6k -22,626
70 HSBC HOLDINGS PLC 0.03% of their portfolio LONDON, X0 216,132216.1k $30.8m $30.8m 0.03% Reduced -80.7k -80,650
71 APG Asset Management N.V. 0.06% of their portfolio Amsterdam, P7 211,451211.5k $27.7m $27.7m 0.06% Reduced -37.8k -37,785
72 RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio ST PETERSBURG, FL 207,005207.0k $29.5m $29.5m 0.02% Added +239 +239
73 Credential Qtrade Securities Inc. 1.83% of their portfolio VANCOUVER, A1 204,127204.1k $29.1m $29.1m 1.83% Added +8.6k +8,640
74 TWO SIGMA INVESTMENTS, LP 0.08% of their portfolio NEW YORK, NY 198,940198.9k $28.4m $28.4m 0.08% Reduced -124.8k -124,761
75 CITIGROUP INC 0.04% of their portfolio NEW YORK, NY 190,813190.8k $27.2m $27.2m 0.04% Added +8.3k +8,279
76 SPROTT INC. 2.45% of their portfolio TORONTO, A6 188,760188.8k $26.9m $26.9m 2.45% Added +2.0k +1,952
77 Cannell & Co. 0.86% of their portfolio New York, NY 182,245182.2k $26.0m $26.0m 0.86% Reduced -5.8k -5,827
78 Progeny 3, Inc. 3.92% of their portfolio KIRKLAND, WA 181,411181.4k $25.9m $25.9m 3.92% Unchanged
79 TWO SIGMA ADVISERS, LP 0.07% of their portfolio NEW YORK, NY 179,700179.7k $25.6m $25.6m 0.07% Reduced -64.1k -64,100
80 AXA S.A. 0.08% of their portfolio PARIS, I0 164,880164.9k $23.5m $23.5m 0.08% Added +24.9k +24,885
81 Cannell & Spears LLC 1.88% of their portfolio NEW YORK, NY 161,894161.9k $23.1m $23.1m 1.88% Added +426 +426
82 Waratah Capital Advisors Ltd. 1.10% of their portfolio TORONTO, A6 153,117153.1k $21.8m $21.8m 1.10% Reduced -113.5k -113,532
83 Baird Financial Group, Inc. 0.06% of their portfolio MILWAUKEE, WI 152,807152.8k $21.8m $21.8m 0.06% Reduced -1.9k -1,886
84 BRADLEY FOSTER & SARGENT INC/CT 0.45% of their portfolio HARTFORD, CT 151,444151.4k $21.6m $21.6m 0.45% Added +123.6k +123,648
85 CORTLAND ASSOCIATES INC/MO 3.44% of their portfolio ST LOUIS, MO 149,655149.7k $21.3m $21.3m 3.44% Reduced -4.3k -4,330
86 TOCQUEVILLE ASSET MANAGEMENT L.P. 0.36% of their portfolio New York, NY 142,665142.7k $20.3m $20.3m 0.36% Unchanged
87 STATE OF WISCONSIN INVESTMENT BOARD 0.06% of their portfolio MADISON, WI 141,557141.6k $20.2m $20.2m 0.06% Added +29.3k +29,300
88 America First Investment Advisors, LLC 5.24% of their portfolio OMAHA, NE 136,776136.8k $19.5m $19.5m 5.24% Reduced -455 -455
89 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 136,400136.4k $19.5m $19.5m 0.00% Reduced -17.1k -17,096
90 AGF MANAGEMENT LTD 0.14% of their portfolio TORONTO, A6 133,543133.5k $19.0m $19.0m 0.14% Added +4.6k +4,623
91 PALISADE CAPITAL MANAGEMENT, LP 0.50% of their portfolio FORT LEE, NJ 133,111133.1k $19.0m $19.0m 0.50% Reduced -19.8k -19,828
92 Triasima Portfolio Management inc. 1.56% of their portfolio MONTREAL, A8 130,800130.8k $24.7m $24.7m 1.56% Reduced -1.2k -1,200
93 SCHWARTZ INVESTMENT COUNSEL INC 0.77% of their portfolio PLYMOUTH, MI 127,500127.5k $18.2m $18.2m 0.77% Reduced -5.9k -5,890
94 JUPITER ASSET MANAGEMENT LTD 0.19% of their portfolio London, X0 123,766123.8k $17.5m $17.5m 0.19% Added +5.4k +5,437
95 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 122,473122.5k $17.8m $17.8m 0.01% Added +6.2k +6,199
96 Korea Investment CORP 0.05% of their portfolio SEOUL, M5 122,461122.5k $17.5m $17.5m 0.05% Reduced -53.2k -53,225
97 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.03% of their portfolio FRANKFURT AM MAIN, 2M 122,056122.1k $17.4m $17.4m 0.03% Added +59.0k +59,045
98 ARMOR ADVISORS, L.L.C. 16.82% of their portfolio NEW YORK, NY 121,065121.1k $17.3m $17.3m 16.82% Reduced -11.1k -11,135
99 SCOTIA CAPITAL INC. 0.11% of their portfolio TORONTO, A6 118,536118.5k $16.7m $16.7m 0.11% Reduced -15.4k -15,447
100 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 115,243115.2k $16.4m $16.4m 0.01% Added +875 +875