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FRANCO-NEVADA CORP (FNV) — Hedge Fund Ownership Q4 2025

FNV
Q4 2025Q3 2025Q2 2025Q1 2025
  • FRANCO-NEVADA CORP (FNV) is held by 2 of 81 tracked hedge funds, with First Eagle Investment Management (2%) and Markel Group (1%) holding the largest stakes, indicating limited hedge fund interest relative to peers.
  • The biggest increases in FNV holdings came from First Eagle Investment Management (+27%) and Markel Group (+13%), highlighting conviction.
  • 1 hedge fund exited FNV.
  • Overall, hedge funds increased exposure to FRANCO-NEVADA CORP (FNV) by +24% vs the prior quarter and +50% vs prior year.
# Fund % of Portfolio † Shares † Shares vs Prior Quarter † Shares vs Prior Year † Aggregate Value † Reported Price * Option
1
First Eagle Investment Management
1.87% 5.1M +26.53% +52.19% $1.06B $207.29
2
Markel Group
Tom Gayner
1.13% 684K +12.88% +41.44% $141.7M $207.28
Fairfax Financial Holdings
Prem Watsa
EXITED
2 Total 5.8M +24.31% +50.18% $1.20B
* Reported price is not an actual purchase or sale price. It is the price as of the last portfolio date.
† Portfolio value, share counts, and period-over-period changes exclude options positions (PUT/CALL), which are shown in the Option column for reference only.