First Eagle Investments acquired 3.37 Million Franco-Nevada shares worth $556 Million. That's 1.23% of their equity portfolio (33rd largest holding). The investor owns 1.75% of the outstanding Franco-Nevada stock. The first Franco-Nevada trade was made in Q1 2013. Since then First Eagle Investments bought shares twenty more times and sold shares on 22 occasions. The stake costed the investor $201 Million, netting the investor a gain of 176% so far.