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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.

Institutional holdersQ4 2025: 291 institutions
Q1 2021: 244 institutionsQ2 2021: 237 institutionsQ3 2021: 240 institutionsQ4 2021: 235 institutionsQ1 2022: 213 institutionsQ2 2022: 219 institutionsQ3 2022: 212 institutionsQ4 2022: 213 institutionsQ1 2023: 228 institutionsQ2 2023: 231 institutionsQ3 2023: 236 institutionsQ4 2023: 226 institutionsQ1 2024: 253 institutionsQ2 2024: 262 institutionsQ3 2024: 253 institutionsQ4 2024: 242 institutionsQ1 2025: 256 institutionsQ2 2025: 257 institutionsQ3 2025: 288 institutionsQ4 2025: 291 institutionsQ1 2026: 299 institutionsQ2 2026: 302 institutions
Value heldQ4 2025: $3.55B
Q1 2021: $2.56BQ2 2021: $2.44BQ3 2021: $1.97BQ4 2021: $2.23BQ1 2022: $2.59BQ2 2022: $1.94BQ3 2022: $1.86BQ4 2022: $2.08BQ1 2023: $2.41BQ2 2023: $2.47BQ3 2023: $1.92BQ4 2023: $2.07BQ1 2024: $1.63BQ2 2024: $1.60BQ3 2024: $2.04BQ4 2024: $1.61BQ1 2025: $2.10BQ2 2025: $2.77BQ3 2025: $3.69BQ4 2025: $3.55BQ1 2026: $3.39BQ2 2026: $2.99B
Institutions holding BTG and their total value by quarter
QuarterHoldersValue
Q2 2026302$2.99B
Q1 2026299$3.39B
Q4 2025291$3.55B
Q3 2025288$3.69B
Q2 2025257$2.77B
Q1 2025256$2.10B
Q4 2024242$1.61B
Q3 2024253$2.04B
Q2 2024262$1.60B
Q1 2024253$1.63B
Q4 2023226$2.07B
Q3 2023236$1.92B
Q2 2023231$2.47B
Q1 2023228$2.41B
Q4 2022213$2.08B
Q3 2022212$1.86B
Q2 2022219$1.94B
Q1 2022213$2.59B
Q4 2021235$2.23B
Q3 2021240$1.97B
Q2 2021237$2.44B
Q1 2021244$2.56B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding B2GOLD Corp; share changes are against Q3 2025.

Institutions holding BTG in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Global Strategic Management Inc528,964$2.39M1.99%+528,964New
Barclays PLC530,568$2.39M0.00%−996−0.2%Reduced
Eurizon Capital SGR S.p.A.537,613$2.44M0.01%+537,613New
Public Employees Retirement System of Ohio544,607$2.46M0.01%+55,084+11.3%Added
IMC-Chicago, LLC566,854$2.56M0.04%+482,274+570.2%Added
First Trust Advisors LP581,925$2.62M0.00%+489,046+526.5%Added
Genus Capital Management Inc.650,040$2.93M0.34%00.0%Unchanged
Prelude Capital Management, LLC657,500$2.97M0.22%+97,500+17.4%Added
Maryland State Retirement & Pension System684,556$3.08M0.06%−5,400−0.8%Reduced
British Columbia Investment Management Corp709,472$3.19M0.02%−62,316−8.1%Reduced
Raymond James Financial Inc769,776$3.47M0.00%+188,147+32.3%Added
Janus Henderson Group PLC845,682$3.82M0.00%−699,905−45.3%Reduced
Simplex Trading, LLC861,072$3.88M0.11%+412,128+91.8%Added
LPL Financial LLC882,551$3.98M0.00%−212,847−19.4%Reduced
Wells Fargo & Company883,719$3.99M0.00%+265,613+43.0%Added
McAlvany Wealth Management LLC940,831$4.24M3.24%+940,831New
Bank of Nova Scotia962,655$4.33M0.01%+356,260+58.8%Added
Nuveen, LLC982,333$4.43M0.00%−4,765,802−82.9%Reduced
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main1,000,000$4.51M0.00%+1,000,000New
Aquatic Capital Management LLC1,052,735$4.75M0.13%−1,620,888−60.6%Reduced
Allspring Global Investments Holdings, LLC1,062,000$4.78M0.01%−1,014,000−48.8%Reduced
Russell Investments Group, Ltd.1,102,820$5.00M0.01%+313,076+39.6%Added
Groupe la Francaise1,150,000$5.18M0.08%+100,000+9.5%Added
Pavaki Capital Management LLC1,160,000$5.23M3.65%+1,160,000New
Quantbot Technologies LP1,165,024$5.25M0.17%−1,500,916−56.3%Reduced
CIBC Asset Management Inc1,221,355$5.50M0.01%−40,512−3.2%Reduced
Balyasny Asset Management LLC1,319,177$5.95M0.01%+1,063,216+415.4%Added
VGI Partners Ltd1,370,464$6.18M0.36%+1,370,464New
Zweig-DiMenna Associates LLC1,384,300$6.24M0.44%+1,384,300New
Grantham, Mayo, Van Otterloo & Co. LLC1,406,215$6.34M0.02%+1,079,831+330.8%Added
Intact Investment Management Inc.1,642,400$7.39M0.21%+1,611,000+5,130.6%Added
Geode Capital Management, LLC1,631,425$7.92M0.00%+180,666+12.5%Added
Qube Research & Technologies Ltd1,774,851$8.00M0.01%+1,051,032+145.2%Added
UBS Oconnor LLC1,842,462$8.31M0.22%−213,692−10.4%Reduced
Merk Investments LLC2,000,000$9.02M2.50%00.0%Unchanged
Jump Financial, LLC2,014,862$9.09M0.11%+51,516+2.6%Added
BlackRock, Inc.2,065,492$9.32M0.00%+1,465,507+244.3%Added
Allianz Asset Management GmbH2,310,916$10.4M0.01%−702,198−23.3%Reduced
Swiss National Bank2,489,323$11.2M0.01%+34,700+1.4%Added
Renaissance Technologies LLC2,534,258$11.4M0.02%+2,197,360+652.2%Added
Tudor Investment Corp Et Al2,780,723$12.5M0.07%−1,018,780−26.8%Reduced
CIBC World Markets Inc.2,888,281$13.0M0.02%+1,647,031+132.7%Added
Acadian Asset Management LLC2,927,900$13.2M0.02%+2,239,500+325.3%Added
Easterly Investment Partners LLC2,934,687$13.2M0.81%+109,076+3.9%Added
Toronto Dominion Bank3,006,974$13.5M0.02%+1,368,257+83.5%Added
TT International Asset Management LTD3,044,764$13.7M2.89%+3,044,764New
Group One Trading, L.P.3,121,618$14.1M0.42%−187,460−5.7%Reduced
Citadel Advisors LLC3,442,629$15.5M0.01%−594,852−14.7%Reduced
UBS Group AG3,578,411$16.1M0.00%+2,684,504+300.3%Added
National Bank of Canada4,557,557$20.4M0.02%−1,936,005−29.8%Reduced
Charles Schwab Investment Management Inc4,637,523$20.9M0.00%+108,934+2.4%Added
Voloridge Investment Management, LLC4,744,410$21.4M0.08%+4,744,410New
TD Asset Management Inc4,767,858$21.5M0.02%+500,641+11.7%Added
Schroder Investment Management Group4,928,579$22.2M0.02%+1,422,317+40.6%Added
Royal Bank of Canada5,144,533$23.2M0.00%−3,121,536−37.8%Reduced
MAC Alpha Capital Management, LP5,842,923$26.3M14.48%+5,842,923New
Manufacturers Life Insurance Company, The6,283,749$28.4M0.02%+103,881+1.7%Added
Point72 Asset Management, L.P.6,553,619$29.6M0.05%+1,916,534+41.3%Added
BNP Paribas Arbitrage, SA6,722,021$30.3M0.02%+4,878,576+264.6%Added
Legal & General Group Plc7,206,782$32.5M0.01%+849,193+13.4%Added
Price T Rowe Associates Inc7,294,502$32.9M0.00%+7,294,502New
Euro Pacific Asset Management, LLC7,584,250$34.0M3.77%+39,675+0.5%Added
Invesco Ltd.7,669,245$34.6M0.00%−2,765,690−26.5%Reduced
Quadrature Capital Ltd8,190,760$36.9M0.38%+6,548,760+398.8%Added
Mackenzie Financial Corp8,193,157$37.3M0.04%+6,761,114+472.1%Added
Marshall Wace, LLP8,556,658$38.6M0.04%+7,857,774+1,124.3%Added
Franklin Resources Inc8,772,440$39.5M0.01%−988,207−10.1%Reduced
Amundi9,249,011$41.7M0.01%+248,373+2.8%Added
Goldman Sachs Group Inc9,569,165$43.2M0.01%+2,319,482+32.0%Added
First Eagle Investment Management, LLC9,708,102$43.7M0.08%−3,162,481−24.6%Reduced
FIL Ltd10,087,928$45.4M0.03%+30,511+0.3%Added
Arrowstreet Capital, Limited Partnership10,428,546$47.0M0.03%−7,742,940−42.6%Reduced
Bank of America Corp10,961,495$49.4M0.00%+1,122,064+11.4%Added
Condire Management, LP11,265,300$50.8M5.30%+11,265,300New
Jane Street Group, LLC11,391,303$51.4M0.06%+7,327,400+180.3%Added
Susquehanna International Group, LLP11,751,956$53.0M0.07%+4,302,474+57.8%Added
Morgan Stanley12,635,354$57.0M0.00%+3,602,147+39.9%Added
Bank of Montreal12,800,270$57.6M0.02%+1,111,009+9.5%Added
Deutsche Bank AG15,447,214$69.7M0.02%+6,281,975+68.5%Added
Norges Bank16,730,740$75.3M0.01%+16,730,740New
Connor, Clark & Lunn Investment Management Ltd.17,133,266$77.1M0.20%+4,013,906+30.6%Added
Two Sigma Advisers, LP20,243,680$91.3M0.18%+3,438,500+20.5%Added
Millennium Management LLC23,342,850$105.3M0.08%+16,639,601+248.2%Added
Two Sigma Investments, LP24,058,488$108.5M0.16%+2,572,469+12.0%Added
Dimensional Fund Advisors LP32,161,379$145.1M0.03%+1,023,649+3.3%Added
American Century Companies Inc34,336,389$154.6M0.08%+269,031+0.8%Added
FMR LLC35,591,806$160.3M0.01%−65,906,531−64.9%Reduced
D. E. Shaw & Co., Inc.36,242,057$163.4M0.12%+24,493,718+208.5%Added
Pale Fire Capital SE39,311,603$177.3M22.85%−10,704,306−21.4%Reduced
Vanguard Group Inc56,023,406$252.3M0.00%+1,018,157+1.9%Added
Van Eck Associates Corp104,263,524$470.2M0.39%−11,640,129−10.0%Reduced
Continental General Insurance Co0$00.00%−5,964,422−100.0%Sold out
Canada Pension Plan Investment Board0$00.00%−2,312,300−100.0%Sold out
Waratah Capital Advisors Ltd.0$00.00%−2,250,259−100.0%Sold out
U S Global Investors Inc0$00.00%−2,078,516−100.0%Sold out
Cantor Fitzgerald, L. P.0$00.00%−1,143,710−100.0%Sold out
Invenomic Capital Management LP0$00.00%−990,484−100.0%Sold out
Woodline Partners LP0$00.00%−652,523−100.0%Sold out
Susquehanna Fundamental Investments, LLC0$00.00%−428,100−100.0%Sold out
Macquarie Group Ltd0$00.00%−400,000−100.0%Sold out