SCHEDULE: FIL Limited Amends Franco Nevada Corp. Stake

Sentiment:

Beneficial Ownership Report


FIL Limited and its affiliates have filed an amended Schedule 13G, reporting a 3.6% beneficial ownership in Franco Nevada Corp. common stock.

Summary

  • FIL Limited, along with Pandanus Partners, L.P. and Pandanus Associates, Inc., collectively report beneficial ownership of 6,857,798 shares of Franco Nevada Corp. common stock.
  • This aggregate ownership represents 3.6% of the class of securities.
  • FIL Limited holds sole voting power over 6,185,875 shares.
  • All three reporting persons (FIL Limited, Pandanus Partners, L.P., and Pandanus Associates, Inc.) hold sole dispositive power over 6,857,798 shares.
  • The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Franco Nevada Corp.

Sentiment

Score: 5

Explanation: The filing is a routine disclosure of beneficial ownership and does not contain information that would significantly alter the sentiment towards the company's performance or outlook.

Future Outlook

NA

Industry Context

This filing is a routine disclosure by institutional investors, indicating their beneficial ownership stake in a publicly traded company. Schedule 13G filings are typically made by passive investors who do not intend to influence or change control of the issuer, providing transparency on significant holdings in the market.

Related Party Transactions

  • Pandanus Partners, L.P. is owned by trusts for the benefit of members of the Johnson family, including FIL's Chairman Abigail P. Johnson. Pandanus Associates, Inc. acts as the general partner of Pandanus Partners, L.P.

Key Dates

DateDescription
2022-12-19Effective date of Power of Attorney for signing representatives.
2023-01-31Date of previous Schedule 13G filing by FIL Limited, referenced for Power of Attorney accession number.
2025-09-30Date of event which requires filing of this statement.
2025-11-04Signature date of the Schedule 13G Amendment No. 1.

Keywords

Franco Nevada Corp, FNV, Schedule 13G, beneficial ownership, institutional investor, FIL Limited, Pandanus Partners, Pandanus Associates, common stock

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.