B2GOLD Corp
BTG- Exchange
- NYSE
- Industry
- Gold and Silver Ores
- SEC CIK
- 0001429937
No open-market purchases or sales by B2GOLD Corp insiders were filed in the last 90 days; 302 institutions reported holding it in 13F filings for Q2 2026, worth $2.99B in total; no superinvestor holds it.
13F holders, Q4 2025
Institutional positions in B2GOLD Corp as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works
- Institutional holders
- 291
- +10 vs. Q3 2025
- Shares held
- 787.3M
- +47.9M (+6.5%) vs. Q3 2025
- Total value
- $3.55B
- −$113.1M (−3.1%) vs. Q3 2025
- New holders
- 66
- 114 more added
- Sold out
- 56
- 71 more reduced
7 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 2025: new holders, sold out and not filed yet
Holders and value by quarter
Institutions reporting BTG on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 302 | $2.99B |
| Q1 2026 | 299 | $3.39B |
| Q4 2025 | 291 | $3.55B |
| Q3 2025 | 288 | $3.69B |
| Q2 2025 | 257 | $2.77B |
| Q1 2025 | 256 | $2.10B |
| Q4 2024 | 242 | $1.61B |
| Q3 2024 | 253 | $2.04B |
| Q2 2024 | 262 | $1.60B |
| Q1 2024 | 253 | $1.63B |
| Q4 2023 | 226 | $2.07B |
| Q3 2023 | 236 | $1.92B |
| Q2 2023 | 231 | $2.47B |
| Q1 2023 | 228 | $2.41B |
| Q4 2022 | 213 | $2.08B |
| Q3 2022 | 212 | $1.86B |
| Q2 2022 | 219 | $1.94B |
| Q1 2022 | 213 | $2.59B |
| Q4 2021 | 235 | $2.23B |
| Q3 2021 | 240 | $1.97B |
| Q2 2021 | 237 | $2.44B |
| Q1 2021 | 244 | $2.56B |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding B2GOLD Corp; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Van Eck Associates Corp | 104,263,524 | $470.2M | 0.39% | −11,640,129−10.0% | Reduced |
| Vanguard Group Inc | 56,023,406 | $252.3M | 0.00% | +1,018,157+1.9% | Added |
| Pale Fire Capital SE | 39,311,603 | $177.3M | 22.85% | −10,704,306−21.4% | Reduced |
| D. E. Shaw & Co., Inc. | 36,242,057 | $163.4M | 0.12% | +24,493,718+208.5% | Added |
| FMR LLC | 35,591,806 | $160.3M | 0.01% | −65,906,531−64.9% | Reduced |
| American Century Companies Inc | 34,336,389 | $154.6M | 0.08% | +269,031+0.8% | Added |
| Dimensional Fund Advisors LP | 32,161,379 | $145.1M | 0.03% | +1,023,649+3.3% | Added |
| Two Sigma Investments, LP | 24,058,488 | $108.5M | 0.16% | +2,572,469+12.0% | Added |
| Millennium Management LLC | 23,342,850 | $105.3M | 0.08% | +16,639,601+248.2% | Added |
| Two Sigma Advisers, LP | 20,243,680 | $91.3M | 0.18% | +3,438,500+20.5% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 17,133,266 | $77.1M | 0.20% | +4,013,906+30.6% | Added |
| Norges Bank | 16,730,740 | $75.3M | 0.01% | +16,730,740 | New |
| Deutsche Bank AG | 15,447,214 | $69.7M | 0.02% | +6,281,975+68.5% | Added |
| Bank of Montreal | 12,800,270 | $57.6M | 0.02% | +1,111,009+9.5% | Added |
| Morgan Stanley | 12,635,354 | $57.0M | 0.00% | +3,602,147+39.9% | Added |
| Susquehanna International Group, LLP | 11,751,956 | $53.0M | 0.07% | +4,302,474+57.8% | Added |
| Jane Street Group, LLC | 11,391,303 | $51.4M | 0.06% | +7,327,400+180.3% | Added |
| Condire Management, LP | 11,265,300 | $50.8M | 5.30% | +11,265,300 | New |
| Bank of America Corp | 10,961,495 | $49.4M | 0.00% | +1,122,064+11.4% | Added |
| Arrowstreet Capital, Limited Partnership | 10,428,546 | $47.0M | 0.03% | −7,742,940−42.6% | Reduced |
| FIL Ltd | 10,087,928 | $45.4M | 0.03% | +30,511+0.3% | Added |
| First Eagle Investment Management, LLC | 9,708,102 | $43.7M | 0.08% | −3,162,481−24.6% | Reduced |
| Goldman Sachs Group Inc | 9,569,165 | $43.2M | 0.01% | +2,319,482+32.0% | Added |
| Amundi | 9,249,011 | $41.7M | 0.01% | +248,373+2.8% | Added |
| Franklin Resources Inc | 8,772,440 | $39.5M | 0.01% | −988,207−10.1% | Reduced |
| Marshall Wace, LLP | 8,556,658 | $38.6M | 0.04% | +7,857,774+1,124.3% | Added |
| Mackenzie Financial Corp | 8,193,157 | $37.3M | 0.04% | +6,761,114+472.1% | Added |
| Quadrature Capital Ltd | 8,190,760 | $36.9M | 0.38% | +6,548,760+398.8% | Added |
| Invesco Ltd. | 7,669,245 | $34.6M | 0.00% | −2,765,690−26.5% | Reduced |
| Euro Pacific Asset Management, LLC | 7,584,250 | $34.0M | 3.77% | +39,675+0.5% | Added |
| Price T Rowe Associates Inc | 7,294,502 | $32.9M | 0.00% | +7,294,502 | New |
| Legal & General Group Plc | 7,206,782 | $32.5M | 0.01% | +849,193+13.4% | Added |
| BNP Paribas Arbitrage, SA | 6,722,021 | $30.3M | 0.02% | +4,878,576+264.6% | Added |
| Point72 Asset Management, L.P. | 6,553,619 | $29.6M | 0.05% | +1,916,534+41.3% | Added |
| Manufacturers Life Insurance Company, The | 6,283,749 | $28.4M | 0.02% | +103,881+1.7% | Added |
| MAC Alpha Capital Management, LP | 5,842,923 | $26.3M | 14.48% | +5,842,923 | New |
| Royal Bank of Canada | 5,144,533 | $23.2M | 0.00% | −3,121,536−37.8% | Reduced |
| Schroder Investment Management Group | 4,928,579 | $22.2M | 0.02% | +1,422,317+40.6% | Added |
| TD Asset Management Inc | 4,767,858 | $21.5M | 0.02% | +500,641+11.7% | Added |
| Voloridge Investment Management, LLC | 4,744,410 | $21.4M | 0.08% | +4,744,410 | New |
| Charles Schwab Investment Management Inc | 4,637,523 | $20.9M | 0.00% | +108,934+2.4% | Added |
| National Bank of Canada | 4,557,557 | $20.4M | 0.02% | −1,936,005−29.8% | Reduced |
| UBS Group AG | 3,578,411 | $16.1M | 0.00% | +2,684,504+300.3% | Added |
| Citadel Advisors LLC | 3,442,629 | $15.5M | 0.01% | −594,852−14.7% | Reduced |
| Group One Trading, L.P. | 3,121,618 | $14.1M | 0.42% | −187,460−5.7% | Reduced |
| TT International Asset Management LTD | 3,044,764 | $13.7M | 2.89% | +3,044,764 | New |
| Toronto Dominion Bank | 3,006,974 | $13.5M | 0.02% | +1,368,257+83.5% | Added |
| Easterly Investment Partners LLC | 2,934,687 | $13.2M | 0.81% | +109,076+3.9% | Added |
| Acadian Asset Management LLC | 2,927,900 | $13.2M | 0.02% | +2,239,500+325.3% | Added |
| CIBC World Markets Inc. | 2,888,281 | $13.0M | 0.02% | +1,647,031+132.7% | Added |
| Tudor Investment Corp Et Al | 2,780,723 | $12.5M | 0.07% | −1,018,780−26.8% | Reduced |
| Renaissance Technologies LLC | 2,534,258 | $11.4M | 0.02% | +2,197,360+652.2% | Added |
| Swiss National Bank | 2,489,323 | $11.2M | 0.01% | +34,700+1.4% | Added |
| Allianz Asset Management GmbH | 2,310,916 | $10.4M | 0.01% | −702,198−23.3% | Reduced |
| BlackRock, Inc. | 2,065,492 | $9.32M | 0.00% | +1,465,507+244.3% | Added |
| Jump Financial, LLC | 2,014,862 | $9.09M | 0.11% | +51,516+2.6% | Added |
| Merk Investments LLC | 2,000,000 | $9.02M | 2.50% | 00.0% | Unchanged |
| UBS Oconnor LLC | 1,842,462 | $8.31M | 0.22% | −213,692−10.4% | Reduced |
| Qube Research & Technologies Ltd | 1,774,851 | $8.00M | 0.01% | +1,051,032+145.2% | Added |
| Geode Capital Management, LLC | 1,631,425 | $7.92M | 0.00% | +180,666+12.5% | Added |
| Intact Investment Management Inc. | 1,642,400 | $7.39M | 0.21% | +1,611,000+5,130.6% | Added |
| Grantham, Mayo, Van Otterloo & Co. LLC | 1,406,215 | $6.34M | 0.02% | +1,079,831+330.8% | Added |
| Zweig-DiMenna Associates LLC | 1,384,300 | $6.24M | 0.44% | +1,384,300 | New |
| VGI Partners Ltd | 1,370,464 | $6.18M | 0.36% | +1,370,464 | New |
| Balyasny Asset Management LLC | 1,319,177 | $5.95M | 0.01% | +1,063,216+415.4% | Added |
| CIBC Asset Management Inc | 1,221,355 | $5.50M | 0.01% | −40,512−3.2% | Reduced |
| Quantbot Technologies LP | 1,165,024 | $5.25M | 0.17% | −1,500,916−56.3% | Reduced |
| Pavaki Capital Management LLC | 1,160,000 | $5.23M | 3.65% | +1,160,000 | New |
| Groupe la Francaise | 1,150,000 | $5.18M | 0.08% | +100,000+9.5% | Added |
| Russell Investments Group, Ltd. | 1,102,820 | $5.00M | 0.01% | +313,076+39.6% | Added |
| Allspring Global Investments Holdings, LLC | 1,062,000 | $4.78M | 0.01% | −1,014,000−48.8% | Reduced |
| Aquatic Capital Management LLC | 1,052,735 | $4.75M | 0.13% | −1,620,888−60.6% | Reduced |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 1,000,000 | $4.51M | 0.00% | +1,000,000 | New |
| Nuveen, LLC | 982,333 | $4.43M | 0.00% | −4,765,802−82.9% | Reduced |
| Bank of Nova Scotia | 962,655 | $4.33M | 0.01% | +356,260+58.8% | Added |
| McAlvany Wealth Management LLC | 940,831 | $4.24M | 3.24% | +940,831 | New |
| Wells Fargo & Company | 883,719 | $3.99M | 0.00% | +265,613+43.0% | Added |
| LPL Financial LLC | 882,551 | $3.98M | 0.00% | −212,847−19.4% | Reduced |
| Simplex Trading, LLC | 861,072 | $3.88M | 0.11% | +412,128+91.8% | Added |
| Janus Henderson Group PLC | 845,682 | $3.82M | 0.00% | −699,905−45.3% | Reduced |
| Raymond James Financial Inc | 769,776 | $3.47M | 0.00% | +188,147+32.3% | Added |
| British Columbia Investment Management Corp | 709,472 | $3.19M | 0.02% | −62,316−8.1% | Reduced |
| Maryland State Retirement & Pension System | 684,556 | $3.08M | 0.06% | −5,400−0.8% | Reduced |
| Prelude Capital Management, LLC | 657,500 | $2.97M | 0.22% | +97,500+17.4% | Added |
| Genus Capital Management Inc. | 650,040 | $2.93M | 0.34% | 00.0% | Unchanged |
| First Trust Advisors LP | 581,925 | $2.62M | 0.00% | +489,046+526.5% | Added |
| IMC-Chicago, LLC | 566,854 | $2.56M | 0.04% | +482,274+570.2% | Added |
| Public Employees Retirement System of Ohio | 544,607 | $2.46M | 0.01% | +55,084+11.3% | Added |
| Eurizon Capital SGR S.p.A. | 537,613 | $2.44M | 0.01% | +537,613 | New |
| Barclays PLC | 530,568 | $2.39M | 0.00% | −996−0.2% | Reduced |
| Global Strategic Management Inc | 528,964 | $2.39M | 1.99% | +528,964 | New |
| Public Sector Pension Investment Board | 503,428 | $2.27M | 0.01% | +404,630+409.6% | Added |
| Walleye Capital LLC | 497,213 | $2.24M | 0.01% | +494,414+17,664.0% | Added |
| Sprott Inc. | 471,520 | $2.13M | 0.08% | −397,337−45.7% | Reduced |
| Eschler Asset Management LLP | 469,257 | $2.12M | 1.44% | +469,257 | New |
| PKO Investment Management Joint-Stock Co | 460,000 | $2.07M | 0.17% | +35,000+8.2% | Added |
| Ruffer LLP | 454,824 | $2.05M | 0.09% | +454,824 | New |
| Mitsubishi UFJ Trust & Banking Corp | 458,345 | $2.04M | 0.00% | −49,400−9.7% | Reduced |
| DRW Securities, LLC | 450,000 | $2.03M | 0.15% | +124,395+38.2% | Added |
| TD Waterhouse Canada Inc. | 422,008 | $1.90M | 0.01% | +76,384+22.1% | Added |