FN

FNV FRANCO-NEVADA CORP

2026Q2 · CUSIP 351858105 · Sector: Materials

Piling in

Net holder growth ranks near the top of the market

Funds that own it
663
Institutions that reported holding it to the SEC
Net increase in holders
+26
Last quarter 637 → now 663
How unusual is that
Top 20%
Stronger buying than 82% of US stocks
What the filings say, in one paragraph

663 funds held FNV at the end of 2026Q2, up 26 from the quarter before. That is stronger buying than 82.3% of US stocks — among the most piled-into names this quarter. FNV has had 21 buying rushes in its history, and the price moved +11.4% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Materials sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2013Q3: holders=163 2013Q4: holders=170 2014Q1: holders=176 2014Q2: holders=169 2014Q3: holders=184 2014Q4: holders=200 2015Q1: holders=200 2015Q2: holders=192 2015Q3: holders=199 2015Q4: holders=206 2016Q1: holders=235 2016Q2: holders=232 2016Q3: holders=242 2016Q4: holders=241 2017Q1: holders=250 2017Q2: holders=243 2017Q3: holders=259 2017Q4: holders=284 2018Q1: holders=276 2018Q2: holders=271 2018Q3: holders=267 2018Q4: holders=292 2019Q1: holders=290 2019Q2: holders=296 2019Q3: holders=321 2019Q4: holders=350 2020Q1: holders=365 2020Q2: holders=419 2020Q3: holders=436 2020Q4: holders=442 2021Q1: holders=421 2021Q2: holders=442 2021Q3: holders=441 2021Q4: holders=492 2022Q1: holders=509 2022Q2: holders=485 2022Q3: holders=465 2022Q4: holders=484 2023Q1: holders=488 2023Q2: holders=490 2023Q3: holders=491 2023Q4: holders=489 2024Q1: holders=500 2024Q2: holders=481 2024Q3: holders=488 2024Q4: holders=485 2025Q1: holders=521 2025Q2: holders=539 2025Q3: holders=570 2025Q4: holders=613 2026Q1: holders=637 2026Q2: holders=663 -54 -27 +0 +27 +54 146422697 13Q315Q116Q318Q119Q321Q122Q324Q125Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 21 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q2 Top 20% — —
2026Q1 Top 20% +3.6% —
2025Q4 Top 20% -11.5% +1.6%
2025Q3 Top 10% +30.7% +15.6%
2025Q2 Top 20% +11.9% +44.4%
2025Q1 Top 5% +7.3% +20.8%
2022Q1 Top 20% -2.3% +4.9%
2021Q4 Top 10% -7.9% -10.0%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
235
Change in large funds
+14
Total value they hold
$30.2B
Funds buying for the first time
93
Funds that sold out entirely
67
Price change that quarter
+6.1%
Funds holding puts (bearish)
14
Funds holding calls (bullish)
15

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.