5 Best Precious Metals Stocks to Buy

4. Franco-Nevada Corporation (NYSE:FNV)

Number of Hedge Funds Investors In Q1 2023: 31

Franco-Nevada Corporation (NYSE:FNV) is another Canadian firm. It is a mining streaming firm, with interests in assets in regions such as Panama, Chile, Peru, and the United States. Franco-Nevada Corporation (NYSE:FNV) also sells petroleum products and is headquartered in Toronto, Canada.

As of Q1 2023, 31 of the 943 hedge funds profiled by Insider Monkey had invested in the precious metals firm. Franco-Nevada Corporation (NYSE:FNV)’s biggest hedge fund investor is Jim Simons’ Renaissance Technologies with a $506 million stake.

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