Franco-Nevada Corporation
US ˙ NYSE ˙ CA3518581051

SecurityFNV / Franco-Nevada Corporation
InstitutionStansberry Asset Management, Llc
Latest Disclosed Ownership22,109 shares
Latest Disclosed Value $ 5,461,993
Stansberry Asset Management, Llc reports 1.42% decrease in ownership of FNV / Franco-Nevada Corporation

On May 15, 2026 - Stansberry Asset Management, Llc filed a 13F-HR form disclosing ownership of 22,109 shares of Franco-Nevada Corporation (US:FNV) valued at $5,462,028 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 17, 2026 disclosing 22,427 shares of Franco-Nevada Corporation. This represents a change in shares of -1.42% during the quarter. The current value of the position is $5,065,614 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Upgrade to unlock premium data and export to Excel .

Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-15 2026-03-31 13F FRANCO NEV COM 351858105 22,109 -318 -1.42 5,462 17.49 0.5615
2026-02-17 2025-12-31 13F FRANCO NEV COM 351858105 22,427 2,259 11.20 4,649 3.40 0.4709
2025-11-14 2025-09-30 13F FRANCO NEV COM 351858105 20,168 2,528 14.33 4,496 55.48 0.4703
2025-08-14 2025-06-30 13F FRANCO NEV COM 351858105 17,640 1,602 9.99 2,892 14.45 0.3160
2025-05-14 2025-03-31 13F FRANCO NEV COM 351858105 16,038 828 5.44 2,527 41.28 0.3035
2025-02-14 2024-12-31 13F FRANCO NEV COM 351858105 15,210 1,090 7.72 1,788 1.94 0.2322
2024-11-14 2024-09-30 13F FRANCO NEV COM 351858105 14,120 1,384 10.87 1,754 16.24 0.2191
2024-08-14 2024-06-30 13F FRANCO NEV COM 351858105 12,736 1,735 15.77 1,510 15.19 0.1980
2024-05-15 2024-03-31 13F FRANCO NEV COM 351858105 11,001 -21,587 -66.24 1,311 -63.72 0.1769
2024-02-14 2023-12-31 13F FRANCO NEV COM 351858105 32,588 -6,155 -15.89 3,611 -30.17 0.6000
2023-11-14 2023-09-30 13F FRANCO NEV COM 351858105 38,743 3,919 11.25 5,172 4.15 0.9052
2023-08-17 2023-06-30 13F/A-1 FRANCO NEV COM 351858105 34,824 63 0.18 4,966 -2.03 0.9084
2023-08-11 2023-06-30 13F FRANCO NEV COM 351858105 34,824 63 4,966 0.9553
2023-05-12 2023-03-31 13F FRANCO NEV COM 351858105 34,761 6,040 21.03 5,068 29.32 0.9821
2023-02-14 2022-12-31 13F FRANCO NEV COM 351858105 28,721 740 2.64 3,920 17.23 0.8094
2022-11-14 2022-09-30 13F FRANCO NEV COM 351858105 27,981 1,978 7.61 3,343 -2.28 0.7222
2022-08-15 2022-06-30 13F FRANCO NEV COM 351858105 26,003 -252 -0.96 3,421 -18.31 0.7280
2022-05-16 2022-03-31 13F FRANCO NEV COM 351858105 26,255 -28,529 -52.08 4,188 -44.72 0.6798
2022-02-14 2021-12-31 13F FRANCO NEV COM 351858105 54,784 9,622 21.31 7,576 29.13 1.2138
2021-11-15 2021-09-30 13F FRANCO NEV COM 351858105 45,162 1,620 3.72 5,867 -7.12 1.1796
2021-08-16 2021-06-30 13F FRANCO NEV COM 351858105 43,542 2,003 4.82 6,317 21.39 1.5263
2021-05-17 2021-03-31 13F FRANCO NEV COM 351858105 41,539 13,542 48.37 5,204 48.30 1.3761
2021-02-16 2020-12-31 13F FRANCO NEV COM 351858105 27,997 1,359 5.10 3,509 -5.62 0.9851
2020-11-16 2020-09-30 13F FRANCO NEV COM 351858105 26,638 70 0.26 3,718 0.22 1.2710
2020-08-14 2020-06-30 13F FRANCO NEV COM 351858105 26,568 -465 -1.72 3,710 37.92 1.5964
2020-05-15 2020-03-31 13F FRANCO NEVADA COM 351858105 27,033 1,967 7.85 2,690 3.90 1.4139
2020-02-14 2019-12-31 13F FRANCO NEVADA COM 351858105 25,066 4,104 19.58 2,589 35.48 1.0538
2019-11-14 2019-09-30 13F FRANCO NEVADA COM 351858105 20,962 976 4.88 1,911 12.68 0.8446
2019-08-14 2019-06-30 13F FRANCO NEVADA COM 351858105 19,986 774 4.03 1,696 17.61 0.6677
2019-05-15 2019-03-31 13F FRANCO NEVADA COM 351858105 19,212 -3,638 -15.92 1,442 -10.04 0.4947
2019-02-14 2018-12-31 13F FRANCO NEVADA COM 351858105 22,850 -2,374 -9.41 1,603 1.58 0.5041
2018-11-13 2018-09-30 13F FRANCO NEVADA COM 351858105 25,224 -3,561 -12.37 1,578 -24.93 0.4426
2018-08-13 2018-06-30 13F FRANCO NEVADA COM 351858105 28,785 -1,331 -4.42 2,102 2.04 0.6963
2018-05-14 2018-03-31 13F FRANCO NEVADA COM 351858105 30,116 4,524 17.68 2,060 0.68 1.0113
2018-02-12 2017-12-31 13F FRANCO NEVADA COM 351858105 25,592 25,592 2,046 0.8804
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.