First Eagle Investment Management, LLC, a registered investment adviser, initiated a new position in Franco-Nevada Corporation (NYSE:FNV) during Q4 2025, according to its most recent 13F filing with the Securities and Exchange Commission.
The institutional investor purchased 5,001,547 shares of the Basic Materials company, valued at approximately $1.0B as of the filing date.
Franco-Nevada Corporation's stock currently trades at $232.77 with a market capitalization of $41.3B.