FRANCO NEV CORP

Ticker: FNV CUSIP: 351858105 Class: Common Stock

HUTNER CAPITAL MANAGEMENT INC's Holding History (CIK: 0000944733)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 47,233 Value ($000) $9,791 Avg Close $202.79 Range $181.50 - $225.64

Q3 2025

Shares 46,767 Value ($000) $10,425 Avg Close $180.19 Range $152.89 - $223.15

Q2 2025

Shares 44,995 Value ($000) $7,376 Avg Close $165.23 Range $139.71 - $179.58

Q1 2025

Shares 47,842 Value ($000) $7,538 Avg Close $139.30 Range $118.28 - $159.01

Q4 2024

Shares 39,848 Value ($000) $4,686 Avg Close $122.82 Range $111.82 - $136.53

Q3 2024

Shares 34,880 Value ($000) $4,334 Avg Close $122.59 Range $112.72 - $130.27

Q2 2024

Shares 34,672 Value ($000) $4,109 Avg Close $119.91 Range $112.62 - $128.06

Q1 2024

Shares 34,558 Value ($000) $4,118 Avg Close $108.28 Range $101.89 - $118.17

Q4 2023

Shares 33,898 Value ($000) $3,756 Avg Close $119.31 Range $100.56 - $139.75

Q3 2023

Shares 33,938 Value ($000) $4,530 Avg Close $138.25 Range $127.55 - $145.73

Q2 2023

Shares 33,509 Value ($000) $4,778 Avg Close $146.40 Range $132.25 - $157.28

Q1 2023

Shares 30,708 Value ($000) $4,477 Avg Close $135.73 Range $119.02 - $146.90

Q4 2022

Shares 28,297 Value ($000) $3,862 Avg Close $128.26 Range $108.02 - $145.61

Q3 2022

Shares 27,560 Value ($000) $3,293 Avg Close $121.78 Range $106.49 - $130.89

Q2 2022

Shares 26,922 Value ($000) $3,542 Avg Close $142.91 Range $126.96 - $163.56

Q1 2022

Shares 26,336 Value ($000) $4,201 Avg Close $138.84 Range $120.45 - $162.30

Q4 2021

Shares 25,160 Value ($000) $3,479 Avg Close $133.03 Range $121.23 - $144.89

Q3 2021

Shares 20,643 Value ($000) $2,682 Avg Close $140.70 Range $121.81 - $157.20

Q2 2021

Shares 15,859 Value ($000) $2,301 Avg Close $138.67 Range $120.93 - $149.62

Q1 2021

Shares 15,322 Value ($000) $1,920 Avg Close $115.11 Range $100.94 - $127.25

Q4 2020

Shares 14,250 Value ($000) $1,786 Avg Close $128.78 Range $118.23 - $144.48

Q3 2020

Shares 12,794 Value ($000) $1,786 Avg Close $141.52 Range $128.51 - $158.15

Q2 2020

Shares 11,986 Value ($000) $1,674 Avg Close $126.31 Range $94.11 - $145.09

Q1 2020

Shares 11,986 Value ($000) $1,193 Avg Close $102.98 Range $73.33 - $116.27

Q4 2019

Shares 11,408 Value ($000) $1,178 Avg Close $91.46 Range $85.19 - $98.65

Q3 2019

Shares 11,638 Value ($000) $1,061 Avg Close $86.52 Range $77.13 - $95.43

Q2 2019

Shares 11,638 Value ($000) $988 Avg Close $71.05 Range $65.01 - $81.87

Q1 2019

Shares 11,638 Value ($000) $873 Avg Close $69.60 Range $63.70 - $74.09

Q4 2018

Shares 8,158 Value ($000) $572 Avg Close $62.48 Range $56.47 - $69.51

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	47,233	$9,791	$202.79	$181.50 - $225.64
Q3 2025	46,767	$10,425	$180.19	$152.89 - $223.15
Q2 2025	44,995	$7,376	$165.23	$139.71 - $179.58
Q1 2025	47,842	$7,538	$139.30	$118.28 - $159.01
Q4 2024	39,848	$4,686	$122.82	$111.82 - $136.53
Q3 2024	34,880	$4,334	$122.59	$112.72 - $130.27
Q2 2024	34,672	$4,109	$119.91	$112.62 - $128.06
Q1 2024	34,558	$4,118	$108.28	$101.89 - $118.17
Q4 2023	33,898	$3,756	$119.31	$100.56 - $139.75
Q3 2023	33,938	$4,530	$138.25	$127.55 - $145.73
Q2 2023	33,509	$4,778	$146.40	$132.25 - $157.28
Q1 2023	30,708	$4,477	$135.73	$119.02 - $146.90
Q4 2022	28,297	$3,862	$128.26	$108.02 - $145.61
Q3 2022	27,560	$3,293	$121.78	$106.49 - $130.89
Q2 2022	26,922	$3,542	$142.91	$126.96 - $163.56
Q1 2022	26,336	$4,201	$138.84	$120.45 - $162.30
Q4 2021	25,160	$3,479	$133.03	$121.23 - $144.89
Q3 2021	20,643	$2,682	$140.70	$121.81 - $157.20
Q2 2021	15,859	$2,301	$138.67	$120.93 - $149.62
Q1 2021	15,322	$1,920	$115.11	$100.94 - $127.25
Q4 2020	14,250	$1,786	$128.78	$118.23 - $144.48
Q3 2020	12,794	$1,786	$141.52	$128.51 - $158.15
Q2 2020	11,986	$1,674	$126.31	$94.11 - $145.09
Q1 2020	11,986	$1,193	$102.98	$73.33 - $116.27
Q4 2019	11,408	$1,178	$91.46	$85.19 - $98.65
Q3 2019	11,638	$1,061	$86.52	$77.13 - $95.43
Q2 2019	11,638	$988	$71.05	$65.01 - $81.87
Q1 2019	11,638	$873	$69.60	$63.70 - $74.09
Q4 2018	8,158	$572	$62.48	$56.47 - $69.51