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FRANCO NEVADA CORP
FRANCO NEVADA CORP. Institutional holdings reported to the SEC.

Institutional Holders (2014Q4)
Portfolio Summary: 230 Institutional holders with a total value of $5,641,530,168.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 FMR LLC 14,777,880 727,702,000 12.90%
2 PRICE T ROWE ASSOCIATES INC /MD/ 13,971,008 689,989,000 12.23%
3 BlackRock Group LTD 12,258,945 603,018,000 10.69%
4 VAN ECK ASSOCIATES CORP 6,494,803 319,479,000 5.66%
5 NORGES BANK 5,029,122 248,406,000 4.40%
6 Connor, Clark & Lunn Investment Management Ltd. 4,103,015 202,662,000 3.59%
7 BlackRock Finance, Inc. 3,788,597 186,360,000 3.30%
8 TD ASSET MANAGEMENT INC 2,920,693 144,264,000 2.56%
9 BlackRock Institutional Trust Company, N.A. 2,369,557 116,559,000 2.07%
10 BANK OF MONTREAL /CAN/ 2,331,990 114,710,000 2.03%
11 Fiera Capital Corp 2,316,832 113,965,000 2.02%
12 ROYAL BANK OF CANADA 2,176,759 107,075,000 1.90%
13 TOCQUEVILLE ASSET MANAGEMENT L.P. 2,123,910 104,545,000 1.85%
14 APG Asset Management N.V. 1,611,732 92,084,000 1.63%
15 DEUTSCHE BANK AG\ 1,709,067 84,067,000 1.49%
16 CANADA PENSION PLAN INVESTMENT BOARD 1,607,657 79,408,000 1.41%
17 PUBLIC SECTOR PENSION INVESTMENT BOARD 1,399,480 69,125,000 1.23%
18 Alberta Investment Management Corp 1,188,200 67,977,000 1.20%
19 Swiss National Bank 1,346,200 66,410,000 1.18%
20 FRANKLIN RESOURCES INC 1,292,971 63,707,000 1.13%
21 PRUDENTIAL PLC 1,241,602 61,074,000 1.08%
22 JPMORGAN CHASE & CO 1,222,739 60,146,000 1.07%
23 1832 Asset Management L.P. 1,190,250 58,457,000 1.04%
24 First Eagle Investment Management, LLC 1,000,353 49,246,000 0.87%
25 CAISSE DE DEPOT ET PLACEMENT DU QUEBEC 897,967 44,354,000 0.79%
26 GUARDIAN CAPITAL LP 883,133 43,551,000 0.77%
27 OppenheimerFunds, Inc. 885,331 43,549,000 0.77%
28 St. James Investment Company, LLC 851,593 41,890,000 0.74%
29 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 747,613 36,927,000 0.65%
30 RENAISSANCE TECHNOLOGIES LLC 673,300 33,123,000 0.59%
31 Horizon Kinetics LLC 638,610 31,413,000 0.56%
32 BAROMETER CAPITAL MANAGEMENT INC. 521,800 29,852,000 0.53%
33 CIBC Asset Management Inc 581,605 28,702,000 0.51%
34 AQR CAPITAL MANAGEMENT LLC 575,846 28,443,000 0.50%
35 Invesco Ltd. 574,731 28,285,000 0.50%
36 Legal & General Group Plc 565,293 27,920,000 0.49%
37 BlackRock Fund Advisors 565,104 27,797,000 0.49%
38 AMERICAN CENTURY COMPANIES INC 527,030 26,032,000 0.46%
39 SUSQUEHANNA INTERNATIONAL GROUP, LLP 517,500 25,456,000 0.45% Call
40 TOBAM 473,400 23,383,000 0.41%
41 Sumitomo Mitsui Trust Group, Inc. 445,907 22,026,000 0.39%
42 I.G. INVESTMENT MANAGEMENT, LTD. 437,735 21,579,000 0.38%
43 Ninety One UK Ltd 390,521 19,289,000 0.34%
44 GABELLI FUNDS LLC 335,000 19,165,000 0.34%
45 ALPS ADVISORS INC 383,314 18,855,000 0.33%
46 RUSSELL FRANK CO/ 374,266 18,444,000 0.33%
47 MORGAN STANLEY 372,553 18,326,000 0.32%
48 CANADA LIFE ASSURANCE Co 360,619 17,774,000 0.32%
49 SHELL ASSET MANAGEMENT CO 302,950 17,332,000 0.31%
50 ROYCE & ASSOCIATES LP 324,700 15,972,000 0.28%
Page 1 of 5

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.