First Eagle Investments acquired 5.27M Franco-Nevada shares worth $1.11B. That's 1.88% of their equity portfolio (16th largest holding). The investor owns 2.62% of the outstanding Franco-Nevada stock. The first Franco-Nevada trade was made in Q1 2013. Since then First Eagle Investments bought shares 23 more times and sold shares on 24 occasions. The stake costed the investor $451M, netting the investor a gain of 145% so far.