- Quarter end
- 31 Mar 2025
- the date the book describes
- Filed
- 15 May 2025
- latest of these filings; the earliest 12 May 2025
- Managers listing it
- 7
- at least, of 95 tracked, among listed positions
- Comparable managers
- 95
- filed both Q4 2024 and Q1 2025; 5 listed it in both
- Shares listed
- 91,173,894
- combined, among listed positions
- Reported value
- $260m
- combined, at the quarter end
Among the 95 comparable managers: 5 buyers (opened or added shares) and 2 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +19,096,111.
Managers listing BTG in Q1 2025
7 of 7 holders
| Action | Filing | |||||
|---|---|---|---|---|---|---|
| Two Sigma Investments LP | 23,850,280 | $68m | 0.15% | Added | +8,865,452 | 15 May 2025 (the filing on sec.gov) |
| Two Sigma Advisers LP | 22,281,980 | $64m | 0.14% | Added | +1,606,580 | 15 May 2025 (the filing on sec.gov) |
| Renaissance Technologies LLC | 15,773,222 | $45m | 0.07% | Trimmed | -11,413,433 | 14 May 2025 (the filing on sec.gov) |
| Arrowstreet Capital LP | 15,602,809 | $44m | under 0.1% | New | new | 14 May 2025 (the filing on sec.gov) |
| First Eagle Investment Management LLC | 12,842,101 | $37m | 0.08% | Added | +4,509,587 | 12 May 2025 (the filing on sec.gov) |
| Quantbot Technologies LP | 680,502 | $1.9m | 0.06% | Trimmed | -217,884 | 13 May 2025 (the filing on sec.gov) |
| Artisan Partners LP | 143,000 | $406k | under 0.1% | New | new | 14 May 2025 (the filing on sec.gov) |
Largest increases and reductions, by shares
Increases
- Arrowstreet Capital LPnew position · 15,602,809 shares now+15,602,809
- Two Sigma Investments LPexisting position · 23,850,280 shares now+8,865,452
- First Eagle Investment Management LLCexisting position · 12,842,101 shares now+4,509,587
- Two Sigma Advisers LPexisting position · 22,281,980 shares now+1,606,580
- Artisan Partners LPnew position · 143,000 shares now+143,000
Reductions
- Renaissance Technologies LLCexisting position · 15,773,222 shares now-11,413,433
- Quantbot Technologies LPexisting position · 680,502 shares now-217,884
New positions and exits
New (2)
Exited (0)
No exit shown by a manager’s own filing.
Ownership over time
Tracked managers listing it, at least.
| Quarter | Holders | Reported value | Buyers | Sellers |
|---|---|---|---|---|
| Q2 2015 | 2 | $6.3m | n.a. | n.a. |
| Q3 2015 | 1 | $6.3m | n.a. | n.a. |
| Q4 2015 | 1 | $7.8m | n.a. | n.a. |
| Q1 2016 | 1 | $13m | n.a. | n.a. |
| Q2 2016 | 3 | $370m | n.a. | n.a. |
| Q3 2016 | 3 | $398m | n.a. | n.a. |
| Q4 2016 | 4 | $362m | n.a. | n.a. |
| Q1 2017 | 4 | $425m | n.a. | n.a. |
| Q2 2017 | 4 | $426m | n.a. | n.a. |
| Q3 2017 | 4 | $414m | n.a. | n.a. |
| Q4 2017 | 3 | $459m | n.a. | n.a. |
| Q1 2018 | 3 | $431m | n.a. | n.a. |
| Q2 2018 | 3 | $410m | n.a. | n.a. |
| Q3 2018 | 3 | $350m | n.a. | n.a. |
| Q4 2018 | 5 | $465m | n.a. | n.a. |
| Q1 2019 | 6 | $424m | n.a. | n.a. |
| Q2 2019 | 7 | $521m | n.a. | n.a. |
| Q3 2019 | 8 | $609m | n.a. | n.a. |
| Q4 2019 | 8 | $753m | n.a. | n.a. |
| Q1 2020 | 8 | $609m | n.a. | n.a. |
| Q2 2020 | 10 | $1.1bn | n.a. | n.a. |
| Q3 2020 | 9 | $1.2bn | n.a. | n.a. |
| Q4 2020 | 10 | $1.0bn | n.a. | n.a. |
| Q1 2021 | 7 | $791m | n.a. | n.a. |
| Q2 2021 | 4 | $280m | n.a. | n.a. |
| Q3 2021 | 3 | $203m | n.a. | n.a. |
| Q4 2021 | 5 | $289m | n.a. | n.a. |
| Q1 2022 | 5 | $367m | n.a. | n.a. |
| Q2 2022 | 5 | $309m | n.a. | n.a. |
| Q3 2022 | 4 | $239m | n.a. | n.a. |
| Q4 2022 | 4 | $252m | n.a. | n.a. |
| Q1 2023 | 4 | $289m | n.a. | n.a. |
| Q2 2023 | 6 | $248m | n.a. | n.a. |
| Q3 2023 | 7 | $196m | n.a. | n.a. |
| Q4 2023 | 5 | $198m | 1 | 5 |
| Q1 2024 | 5 | $178m | 3 | 3 |
| Q2 2024 | 5 | $182m | 2 | 3 |
| Q3 2024 | 4 | $241m | 3 | 0 |
| Q4 2024 | 5 | $176m | 3 | 2 |
| Q1 2025 | 7 | $260m | 5 | 2 |
| Q2 2025 | 6 | $370m | 6 | 0 |
| Q3 2025 | 9 | $882m | 4 | 5 |
| Q4 2025 | 10 | $591m | 21 | 13 |
| Q1 2026 | 10 | $566m | 16 | 18 |
| Q2 2026 | 5 | $226m | 11 | 20 |
Compare with…
Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.
BTG and LIN →BTG and GLW →BTG and HWM →Choose a stock to compare with BTG →
How much of the picture this is
A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.
Which funds own BTG, latest filings →Back to the 13F Explorer →