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BTG in the 13F filings

B2gold Corp · CUSIP 11777Q209

Sector · Materials
Quarter
Q3 2026 · early filersQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023
Quarter end
31 Dec 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 22 Jan 2026
Managers listing it
34
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 9 listed it in both
Shares listed
235,212,918
combined, among listed positions
Reported value
$1.1bn
combined, at the quarter end

Among the 92 comparable managers: 21 buyers (opened or added shares) and 13 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +1,109,220.

Managers listing BTG in Q4 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q3 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

34 of 34 holders

ActionFiling
D. E. Shaw & Co.36,242,057$163m0.09%Added+24,493,71817 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)35,591,806$160munder 0.1%Trimmed-65,906,53117 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP24,058,488$109m0.15%Added+2,572,46917 Feb 2026 (the filing on sec.gov)
Millennium Management LLC23,342,850$105munder 0.1%Added+16,639,60117 Feb 2026 (the filing on sec.gov)
Two Sigma Advisers LP20,243,680$91m0.18%Added+3,438,50017 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP11,751,956$53munder 0.1%Added+4,302,47417 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC11,391,303$51munder 0.1%Added+7,327,40012 Feb 2026 (the filing on sec.gov)
Arrowstreet Capital LP10,428,546$47munder 0.1%Trimmed-7,742,94013 Feb 2026 (the filing on sec.gov)
First Eagle Investment Management LLC9,708,102$44m0.08%Trimmed-3,162,4814 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP8,556,658$39munder 0.1%Added+7,857,77413 Feb 2026 (the filing on sec.gov)
Invesco Ltd7,669,245$35munder 0.1%Trimmed-2,765,69019 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc7,294,502$33munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Point72 Asset Management LP6,553,619$30munder 0.1%Added+1,916,53417 Feb 2026 (the filing on sec.gov)
Voloridge Investment Management LLC4,744,410$21m0.08%Newnew17 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC3,442,629$16munder 0.1%Trimmed-594,85217 Feb 2026 (the filing on sec.gov)
Acadian Asset Management LLC2,927,900$13munder 0.1%Added+2,239,50010 Feb 2026 (the filing on sec.gov)
Tudor Investment Corp2,780,723$13munder 0.1%Trimmed-1,018,78017 Feb 2026 (the filing on sec.gov)
Renaissance Technologies LLC2,534,258$11munder 0.1%Added+2,197,36012 Feb 2026 (the filing on sec.gov)
Balyasny Asset Management LLC1,319,177$5.9munder 0.1%Added+1,063,21617 Feb 2026 (the filing on sec.gov)
Quantbot Technologies LP1,165,024$5.3m0.17%Trimmed-1,500,91610 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd845,682$3.8munder 0.1%Trimmed-699,90517 Feb 2026 (the filing on sec.gov)
Walleye Capital LLC497,213$2.2munder 0.1%Added+494,41413 Feb 2026 (the filing on sec.gov)
Man Group PLC400,300$1.8munder 0.1%Trimmed-673,82717 Feb 2026 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC391,553$1.8munder 0.1%Trimmed-99,76317 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC230,337$1.0munder 0.1%Added+37,26613 Feb 2026 (the filing on sec.gov)
Page 1 of 2

Largest increases and reductions, by shares

Q3 2025 to Q4 2025, among managers that listed it in both quarters or opened it.

Increases

Reductions

New positions and exits

At least these many: a manager is shown exiting only where its own filing shows the position gone.

New (4)

Exited (1)

Ownership over time

Every quarter on file. A quarter-end value moves with the price as well as with the shares held; buyers and sellers count comparable managers, by shares.
4 in Q3 2024 to 5 in Q2 2026

Tracked managers listing it, at least.

035810201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
BTG by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20152$6.3mn.a.n.a.
Q3 20151$6.3mn.a.n.a.
Q4 20151$7.8mn.a.n.a.
Q1 20161$13mn.a.n.a.
Q2 20163$370mn.a.n.a.
Q3 20163$398mn.a.n.a.
Q4 20164$362mn.a.n.a.
Q1 20174$425mn.a.n.a.
Q2 20174$426mn.a.n.a.
Q3 20174$414mn.a.n.a.
Q4 20173$459mn.a.n.a.
Q1 20183$431mn.a.n.a.
Q2 20183$410mn.a.n.a.
Q3 20183$350mn.a.n.a.
Q4 20185$465mn.a.n.a.
Q1 20196$424mn.a.n.a.
Q2 20197$521mn.a.n.a.
Q3 20198$609mn.a.n.a.
Q4 20198$753mn.a.n.a.
Q1 20208$609mn.a.n.a.
Q2 202010$1.1bnn.a.n.a.
Q3 20209$1.2bnn.a.n.a.
Q4 202010$1.0bnn.a.n.a.
Q1 20217$791mn.a.n.a.
Q2 20214$280mn.a.n.a.
Q3 20213$203mn.a.n.a.
Q4 20215$289mn.a.n.a.
Q1 20225$367mn.a.n.a.
Q2 20225$309mn.a.n.a.
Q3 20224$239mn.a.n.a.
Q4 20224$252mn.a.n.a.
Q1 20234$289mn.a.n.a.
Q2 20236$248mn.a.n.a.
Q3 20237$196mn.a.n.a.
Q4 20235$198m15
Q1 20245$178m33
Q2 20245$182m23
Q3 20244$241m30
Q4 20245$176m32
Q1 20257$260m52
Q2 20256$370m60
Q3 20259$882m45
Q4 202510$591m2113
Q1 202610$566m1618
Q2 20265$226m1120

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 →