B2GOLDBTG
13F holders, Q4 2025 (December 31)291holders +5
51new positions
55sold out
9famous investors
$4.51avg. 13F price*
At the end of Q4 2025, 291 institutions reported holding B2GOLD Corp. (BTG) in their 13F filings, up 5 from Q3 2025. 51 opened new positions and 55 sold out. The largest holders were Van Eck Associates Corp. ($470.2M), Vanguard Group Inc. ($252.3M) and Pale Fire Capital SE ($177.3M). 9 famous investors held it, including David E. Shaw (0.1% of D. E. Shaw & Co.'s portfolio), Israel Englander (0.1% of Millennium Management's portfolio) and Paul Tudor Jones (0.1% of Tudor Investment Corporation's portfolio).
- Company
- B2GOLD Corp.
- CUSIP
- 11777Q209
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 51 | $148.8M |
| Exits | 55 | $93.7M |
All 13F filers, Q3 2025 → Q4 2025: 166,656,085 shares bought and 144,927,575 shares sold, net +21,728,510 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 291 holders
| Van Eck Associates Corp. | 0.39% | Reduce -10.0% | 104,263,524 | $470.2M |
| Vanguard Group Inc. | 0.00% | Add +1.9% | 56,023,406 | $252.3M |
| Pale Fire Capital SE | 22.85% | Reduce -21.4% | 39,311,603 | $177.3M |
| D. E. Shaw & Co. | 0.13% | Add +208.5% | 36,242,057 | $163.4M |
| FMR LLC | 0.01% | Reduce -64.9% | 35,591,806 | $160.3M |
| American Century Companies Inc. | 0.08% | Add +0.8% | 34,336,389 | $154.6M |
| Dimensional Fund Advisors LP | 0.03% | Add +3.3% | 32,161,379 | $145.1M |
| Two Sigma Investments, LP | 0.17% | Add +12.0% | 24,058,488 | $108.5M |
| Millennium Management | 0.08% | Add +248.2% | 23,342,850 | $105.3M |
| Two Sigma Advisers, LP | 0.18% | Add +20.5% | 20,243,680 | $91.3M |
| Connor, Clark & Lunn Investment Management Ltd. | 0.20% | Add +30.6% | 17,133,266 | $77.1M |
| Norges Bank | 0.01% | — | 16,730,740 | $75.3M |
| Deutsche Bank AG | 0.02% | Add +68.5% | 15,447,214 | $69.7M |
| Bank of Montreal | 0.02% | Add +9.5% | 12,800,270 | $57.6M |
| Morgan Stanley | 0.00% | Add +39.9% | 12,635,354 | $57.0M |
| Susquehanna International Group, LLP | 0.07% | Add +57.8% | 11,751,956 | $53.0M |
| Jane Street Group, LLC | 0.06% | Add +180.3% | 11,391,303 | $51.4M |
| Condire Management, LP | 5.52% | New | 11,265,300 | $50.8M |
| Bank of America Corp. | 0.00% | Add +11.4% | 10,961,495 | $49.4M |
| Arrowstreet Capital, Limited Partnership | 0.03% | Reduce -42.6% | 10,428,546 | $47.0M |
| FIL Ltd | 0.03% | Add +0.3% | 10,087,928 | $45.4M |
| First Eagle Investment Management, LLC | 0.08% | Reduce -24.6% | 9,708,102 | $43.7M |
| Goldman Sachs Group Inc. | 0.01% | Add +32.0% | 9,569,165 | $43.2M |
| Amundi | 0.01% | Add +2.8% | 9,249,011 | $41.7M |
| Franklin Resources Inc. | 0.01% | Reduce -10.1% | 8,772,440 | $39.5M |
| Marshall Wace, LLP | 0.04% | Add +1124.3% | 8,556,658 | $38.6M |
| Mackenzie Financial Corp. | 0.04% | Add +472.1% | 8,193,157 | $37.3M |
| Quadrature Capital Ltd | 0.38% | Add +398.8% | 8,190,760 | $36.9M |
| Invesco Ltd. | 0.00% | Reduce -26.5% | 7,669,245 | $34.6M |
| Euro Pacific Asset Management, LLC | 3.77% | Add +0.5% | 7,584,250 | $34.0M |
| T. Rowe Price Associates Inc. | 0.00% | New | 7,294,502 | $32.9M |
| Legal & General Group Plc | 0.01% | Add +13.4% | 7,206,782 | $32.5M |
| BNP Paribas Financial Markets | 0.02% | Add +264.6% | 6,722,021 | $30.3M |
| Point72 Asset Management | 0.05% | Add +41.3% | 6,553,619 | $29.6M |
| Manufacturers Life Insurance Company, The | 0.02% | Add +1.7% | 6,283,749 | $28.4M |
| MAC Alpha Capital Management, LP | 14.48% | — | 5,842,923 | $26.3M |
| Royal Bank of Canada | 0.00% | Reduce -37.8% | 5,144,533 | $23.2M |
| Schroder Investment Management Group | 0.02% | Add +40.6% | 4,928,579 | $22.2M |
| TD Asset Management Inc | 0.02% | Add +11.7% | 4,767,858 | $21.5M |
| Voloridge Investment Management, LLC | 0.08% | New | 4,744,410 | $21.4M |
| Charles Schwab Investment Management Inc. | 0.00% | Add +2.4% | 4,637,523 | $20.9M |
| National Bank of Canada | 0.02% | Reduce -29.8% | 4,557,557 | $20.4M |
| UBS Group AG | 0.00% | Add +300.3% | 3,578,411 | $16.1M |
| Citadel Advisors | 0.01% | Reduce -14.7% | 3,442,629 | $15.5M |
| Group One Trading LLC | 0.42% | Reduce -5.7% | 3,121,618 | $14.1M |
| TT International Asset Management LTD | 2.89% | New | 3,044,764 | $13.7M |
| Toronto Dominion Bank | 0.02% | Add +83.5% | 3,006,974 | $13.5M |
| Easterly Investment Partners LLC | 0.81% | Add +3.9% | 2,934,687 | $13.2M |
| Acadian Asset Management LLC | 0.02% | Add +325.3% | 2,927,900 | $13.2M |
| Cibc World Market Inc. | 0.02% | Add +132.7% | 2,888,281 | $13.0M |
| Tudor Investment Corporation | 0.07% | Reduce -26.8% | 2,780,723 | $12.5M |
| Renaissance Technologies | 0.02% | Add +652.2% | 2,534,258 | $11.4M |
| Swiss National Bank | 0.01% | Add +1.4% | 2,489,323 | $11.2M |
| Allianz Asset Management GmbH | 0.01% | Reduce -23.3% | 2,310,916 | $10.4M |
| BlackRock, Inc. | 0.00% | Add +244.3% | 2,065,492 | $9.3M |
| Jump Financial, LLC | 0.12% | Add +2.6% | 2,014,862 | $9.1M |
| Merk Investments LLC | 2.50% | No change | 2,000,000 | $9.0M |
| OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) | 0.23% | Reduce -10.4% | 1,842,462 | $8.3M |
| Qube Research & Technologies Ltd | 0.01% | Add +145.2% | 1,774,851 | $8.0M |
| Geode Capital Management, LLC | 0.00% | Add +12.4% | 1,631,425 | $7.9M |
| Intact Investment Management Inc. | 0.21% | Add +5130.6% | 1,642,400 | $7.4M |
| GMO | 0.02% | Add +330.9% | 1,406,215 | $6.3M |
| Zweig-DiMenna Associates LLC | 0.44% | New | 1,384,300 | $6.2M |
| Regal Partners Ltd | 0.36% | New | 1,370,464 | $6.2M |
| Balyasny Asset Management L.P. | 0.01% | Add +415.4% | 1,319,177 | $5.9M |
| CIBC Asset Management Inc | 0.01% | Reduce -3.2% | 1,221,355 | $5.5M |
| Quantbot Technologies LP | 0.17% | Reduce -56.3% | 1,165,024 | $5.3M |
| Pavaki Capital Management LLC | 3.65% | — | 1,160,000 | $5.2M |
| Groupe la Francaise | 0.08% | Add +9.5% | 1,150,000 | $5.2M |
| Russell Investments Group, Ltd. | 0.01% | Add +39.6% | 1,102,820 | $5.0M |
| Allspring Global Investments Holdings, LLC | 0.01% | Reduce -48.8% | 1,062,000 | $4.8M |
| Aquatic Capital Management LLC | 0.13% | Reduce -60.6% | 1,052,735 | $4.7M |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 0.00% | New | 1,000,000 | $4.5M |
| Nuveen, LLC | 0.00% | Reduce -82.9% | 982,333 | $4.4M |
| Bank of Nova Scotia | 0.01% | Add +58.8% | 962,655 | $4.3M |
| McAlvany Wealth Management LLC | 3.24% | — | 940,831 | $4.2M |
| Wells Fargo & Company | 0.00% | Add +43.0% | 883,719 | $4.0M |
| LPL Financial LLC | 0.00% | Reduce -19.4% | 882,551 | $4.0M |
| Simplex Trading, LLC | 0.11% | Add +91.8% | 861,072 | $3.9M |
| Janus Henderson Group PLC | 0.00% | Reduce -45.3% | 845,682 | $3.8M |
| Raymond James Financial Inc. | 0.00% | Add +32.4% | 769,776 | $3.5M |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | 0.02% | Reduce -8.1% | 709,472 | $3.2M |
| Maryland State Retirement & Pension System | 0.06% | Reduce -0.8% | 684,556 | $3.1M |
| Prelude Capital Management, LLC | 0.22% | Add +17.4% | 657,500 | $3.0M |
| Genus Capital Management Inc. | 0.34% | No change | 650,040 | $2.9M |
| First Trust Advisors LP | 0.00% | Add +526.5% | 581,925 | $2.6M |
| IMC-Chicago, LLC | 0.04% | Add +570.2% | 566,854 | $2.6M |
| Public Employees Retirement System of Ohio | 0.01% | Add +11.3% | 544,607 | $2.5M |
| Eurizon Capital SGR S.p.A. | 0.01% | — | 537,613 | $2.4M |
| Barclays PLC | 0.00% | Reduce -0.2% | 530,568 | $2.4M |
| Global Strategic Management Inc. | 1.99% | — | 528,964 | $2.4M |
| Public Sector Pension Investment Board | 0.01% | Add +409.6% | 503,428 | $2.3M |
| Walleye Capital LLC | 0.01% | Add +17664.0% | 497,213 | $2.2M |
| Sprott Inc. | 0.08% | Reduce -45.7% | 471,520 | $2.1M |
| Eschler Asset Management LLP | 1.44% | New | 469,257 | $2.1M |
| PKO Investment Management Joint-Stock Co | 0.17% | Add +8.2% | 460,000 | $2.1M |
| Ruffer LLP | 0.09% | New | 454,824 | $2.1M |
| Mitsubishi UFJ Trust & Banking Corp | 0.00% | Reduce -9.7% | 458,345 | $2.0M |
| DRW Securities, LLC | 0.15% | Add +38.2% | 450,000 | $2.0M |
| TD Waterhouse Canada Inc. | 0.01% | Add +22.1% | 422,008 | $1.9M |
"% of holder's portfolio" is BTG's weight in each manager's 13F, not the share of B2GOLD Corp. the manager owns.