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BTG — B2GOLD CORP

Reported value held$1.15B
Funds holding (latest)46
SectorMaterials
Funds holding (Q2 2026)36
Institutional value$886.98M · 236.11M sh
New / Add / Cut / Exit2 / 13 / 17 / 2
Top-5 / Top-10 concentration49.0% / 74.1%
Institutional holdings change Reducing -1.0% (-2.27M sh)
Institutional value change Down -18.1%

As of Q2 2026, 36 SEC-registered investment managers reported holding BTG (B2GOLD CORP) in their latest 13F filings, with a combined reported value of $886.98M across 236.11M shares. That is -1.0% by share count (-2.27M shares) versus the previous quarter, while reported value moved -18.1%. Ownership is concentrated: the five largest holders account for 49.0% of reported value and the top ten for 74.1%.

Compared with the prior quarter, 2 opened new positions, 13 added to existing stakes, 17 trimmed, 2 exited entirely. 13F holdings are quarter-end snapshots, so these moves reflect positioning as of Q2 2026, not real-time trading.

BTG is classified in the Materials sector.

All figures on this page are computed from SEC Form 13F quarterly filings. 13F filers disclose long positions of $100,000 or more within 45 days of quarter end; short positions, options overlays and intra-quarter trades are not included, so treat the numbers as a quarterly snapshot of institutional ownership rather than real-time positioning.

Q2 2026 — 36 funds

FundSharesValuePortfolio WeightChange
Two Sigma Investments history 36.46M $136.37M 0.11% Reduce
Millennium Management history 25.00M $93.50M 0.04% Add
D. E. Shaw & Co history 19.12M $71.53M 0.04% Reduce
Goldman Sachs Group history 18.55M $69.36M 0.01% Reduce
Deutsche Bank AG history 17.10M $63.96M 0.02% Hold
Morgan Stanley history 16.34M $61.11M 0.00% Add
Norges Bank Investment Management history 14.67M $54.99M 0.01% Reduce
Fidelity International (FIL) history 10.16M $38.12M 0.03% Add
First Eagle Investment Management history 9.70M $36.36M 0.06% Hold
Bank of America Corp history 8.55M $31.99M 0.00% Reduce
Legal & General Investment Management America history 7.07M $26.50M 0.01% Reduce
Renaissance Technologies history 6.33M $23.68M 0.03% Add
Citadel Advisors history 6.19M $23.14M 0.00% Reduce
UBS Group AG history 5.74M $21.45M 0.00% Add
Franklin Resources history 5.32M $19.95M 0.01% Reduce
Amundi US history 5.29M $19.78M 0.01% Reduce
Point72 Asset Management history 5.08M $19.01M 0.02% Hold
Charles Schwab Investment Management history 4.48M $16.79M 0.00% Add
Geode Capital Management history 3.58M $16.63M 0.00% Add
CPP Investments history 3.95M $14.79M 0.01% Add
BlackRock Inc history 1.41M $5.27M 0.00% Add
Manulife Financial history 1.23M $4.62M 0.00% Reduce
Balyasny Asset Management history 1.15M $4.32M 0.01% Add
Citigroup Inc history 754.56K $2.83M 0.00% Reduce
Lazard Asset Management history 603.89K $2.26M 0.00% Add
Wells Fargo & Co history 543.54K $2.03M 0.00% Reduce
PSP Investments history 499.89K $1.87M 0.01% Add
Invesco Ltd history 482.25K $1.80M 0.00% Reduce
BNY Mellon history 331.41K $1.24M 0.00% Reduce
MFS Investment Management history 94.82K $501.91K 0.00% Add
Bridgewater Associates history 131.42K $491.66K 0.00% Reduce
Causeway Capital Management history 94.49K $354.32K 0.00% Hold
Arrowstreet Capital history 59.71K $223.77K 0.00% Reduce
AQR Capital Management history 33.67K $126.13K 0.00% Reduce
Fidelity Management & Research (FMR) history 9.98K $37.42K 0.00% New
JPMorgan Chase & Co history 400 $1.52K 0.00% New

Q1 2026 — 35 funds

FundSharesValuePortfolio WeightChange
Two Sigma Investments history 43.06M $195.08M 0.17% Add
D. E. Shaw & Co history 28.24M $128.02M 0.08% Reduce
Millennium Management history 23.12M $104.74M 0.04% Reduce
Goldman Sachs Group history 22.70M $102.84M 0.01% Add
Deutsche Bank AG history 17.10M $77.45M 0.03% Add
Morgan Stanley history 12.06M $54.64M 0.00% Reduce
Bank of America Corp history 12.05M $54.58M 0.00% Add
Fidelity International (FIL) history 10.08M $45.78M 0.04% Hold
First Eagle Investment Management history 9.70M $44.09M 0.06% Hold
Amundi US history 7.54M $34.14M 0.01% Reduce
Legal & General Investment Management America history 7.19M $32.57M 0.01% Hold
Citadel Advisors history 6.79M $30.76M 0.01% Reduce
Franklin Resources history 5.86M $26.61M 0.01% Reduce
Point72 Asset Management history 5.07M $22.99M 0.03% Reduce
Citigroup Inc history 4.55M $20.59M 0.01% Add
Charles Schwab Investment Management history 4.40M $19.90M 0.00% Reduce
Geode Capital Management history 3.20M $17.71M 0.00% Add
UBS Group AG history 2.81M $12.74M 0.00% Reduce
Renaissance Technologies history 2.67M $12.12M 0.02% Add
Arrowstreet Capital history 1.64M $7.45M 0.00% Reduce
Invesco Ltd history 1.46M $6.61M 0.00% Reduce
Manulife Financial history 1.25M $5.66M 0.01% Reduce
BlackRock Inc history 1.22M $5.55M 0.00% Reduce
Janus Henderson Group history 981.90K $4.44M 0.00% Add
Wells Fargo & Co history 756.80K $3.43M 0.00% Reduce
Balyasny Asset Management history 650.47K $2.95M 0.00% Reduce
Bridgewater Associates history 552.90K $2.50M 0.01% Add
PSP Investments history 495.49K $2.25M 0.01% Reduce
BNY Mellon history 382.76K $1.73M 0.00% Add
CPP Investments history 281.10K $1.28M 0.00% New
Lazard Asset Management history 185.92K $844.49K 0.00% Reduce
Causeway Capital Management history 94.49K $427.92K 0.01% Hold
MFS Investment Management history 63.00K $398.17K 0.00% Add
Marshall Wace history 87.80K $397.73K 0.00% Reduce
AQR Capital Management history 83.55K $379.58K 0.00% Add

Q4 2025 — 40 funds

FundSharesValuePortfolio WeightChange
Vanguard Group history 56.02M $252.27M 0.00% Add
D. E. Shaw & Co history 36.24M $163.39M 0.10% Add
Fidelity Management & Research (FMR) history 35.59M $160.25M 0.01% Reduce
Two Sigma Investments history 24.06M $108.50M 0.16% Add
Millennium Management history 23.34M $105.26M 0.05% Add
Norges Bank Investment Management history 16.73M $75.33M 0.01% Hold
Deutsche Bank AG history 15.45M $69.67M 0.02% Add
Morgan Stanley history 12.64M $56.99M 0.00% Add
Bank of America Corp history 10.96M $49.44M 0.00% Add
Arrowstreet Capital history 10.43M $46.99M 0.03% Reduce
Fidelity International (FIL) history 10.09M $45.42M 0.03% Hold
First Eagle Investment Management history 9.71M $43.71M 0.08% Reduce
Goldman Sachs Group history 9.57M $43.16M 0.01% Add
Amundi US history 9.25M $41.71M 0.01% Add
Franklin Resources history 8.77M $39.50M 0.01% Reduce
Marshall Wace history 8.56M $38.59M 0.04% Add
Invesco Ltd history 7.67M $34.59M 0.01% Reduce
Legal & General Investment Management America history 7.21M $32.49M 0.01% Add
Point72 Asset Management history 6.95M $31.36M 0.04% Add
Citadel Advisors history 6.83M $30.79M 0.01% Add
Manulife Financial history 6.28M $28.35M 0.02% Add
Charles Schwab Investment Management history 4.64M $20.91M 0.00% Add
UBS Group AG history 3.58M $16.14M 0.00% Add
Renaissance Technologies history 2.53M $11.43M 0.02% Add
BlackRock Inc history 2.07M $9.32M 0.00% Add
Geode Capital Management history 1.63M $7.92M 0.00% Add
Balyasny Asset Management history 1.32M $5.95M 0.01% Add
Wells Fargo & Co history 883.72K $3.99M 0.00% Add
Janus Henderson Group history 845.68K $3.82M 0.00% Reduce
PSP Investments history 503.43K $2.27M 0.01% Add
Citigroup Inc history 380.22K $1.71M 0.00% Add
BNY Mellon history 371.74K $1.68M 0.00% Add
Lazard Asset Management history 250.00K $1.13M 0.00% New
Causeway Capital Management history 94.49K $426.01K 0.01% Hold
Bridgewater Associates history 64.77K $292.03K 0.00% Add
AQR Capital Management history 44.75K $201.50K 0.00% New
MFS Investment Management history 37.11K $167.38K 0.00% New
JPMorgan Chase & Co history 21.10K $95.16K 0.00% Add
T. Rowe Price Associates history 7.29M $32.90K 0.00% New
PNC Financial Services history 2.40K $10.82K 0.00% Hold

Q3 2025 — 36 funds

FundSharesValuePortfolio WeightChange
Fidelity Management & Research (FMR) history 101.50M $501.77M 0.03% Add
Vanguard Group history 55.01M $271.95M 0.00% Add
Two Sigma Investments history 21.49M $106.36M 0.17% Reduce
Arrowstreet Capital history 18.17M $89.91M 0.06% Reduce
First Eagle Investment Management history 12.87M $63.61M 0.12% Hold
D. E. Shaw & Co history 11.75M $58.14M 0.04% Add
Invesco Ltd history 10.43M $51.65M 0.01% Add
Fidelity International (FIL) history 10.06M $49.72M 0.04% Add
Bank of America Corp history 9.84M $48.71M 0.00% Add
Franklin Resources history 9.76M $48.24M 0.01% Reduce
Amundi US history 9.00M $47.97M 0.02% Add
Deutsche Bank AG history 9.17M $45.37M 0.02% Add
Morgan Stanley history 9.03M $44.71M 0.00% Add
Goldman Sachs Group history 7.25M $35.89M 0.00% Reduce
Millennium Management history 6.70M $33.18M 0.01% Reduce
Legal & General Investment Management America history 6.36M $31.44M 0.01% Add
Manulife Financial history 6.18M $30.56M 0.03% Reduce
Citadel Advisors history 5.98M $29.59M 0.01% Reduce
Point72 Asset Management history 4.64M $22.95M 0.04% Add
Charles Schwab Investment Management history 4.53M $22.39M 0.00% Add
CPP Investments history 2.31M $11.43M 0.01% New
Geode Capital Management history 1.45M $7.71M 0.00% Reduce
Janus Henderson Group history 1.55M $7.64M 0.00% Reduce
UBS Group AG history 893.91K $4.42M 0.00% Reduce
Marshall Wace history 698.88K $3.46M 0.00% Reduce
Wells Fargo & Co history 618.11K $3.06M 0.00% Reduce
BlackRock Inc history 599.99K $2.97M 0.00% Reduce
BNY Mellon history 362.20K $1.79M 0.00% Add
Renaissance Technologies history 336.90K $1.67M 0.00% Reduce
Balyasny Asset Management history 255.96K $1.27M 0.00% Add
PSP Investments history 98.80K $488.52K 0.00% New
Causeway Capital Management history 94.49K $467.23K 0.01% Hold
Citigroup Inc history 67.11K $331.85K 0.00% Reduce
Bridgewater Associates history 46.26K $228.76K 0.00% Reduce
JPMorgan Chase & Co history 17.90K $88.61K 0.00% Reduce
PNC Financial Services history 2.40K $11.88K 0.00% New

Q2 2025 — 35 funds

FundSharesValuePortfolio WeightChange
Fidelity Management & Research (FMR) history 80.27M $290.00M 0.02% Add
Vanguard Group history 53.63M $193.75M 0.00% Reduce
Arrowstreet Capital history 34.31M $123.90M 0.09% Add
Citadel Advisors history 29.13M $105.15M 0.02% Add
Two Sigma Investments history 28.13M $101.53M 0.19% Add
Norges Bank Investment Management history 16.74M $60.52M 0.01% Add
First Eagle Investment Management history 12.86M $46.48M 0.09% Hold
Millennium Management history 11.70M $42.24M 0.02% Add
Goldman Sachs Group history 10.99M $39.66M 0.01% Add
Franklin Resources history 10.39M $37.56M 0.01% Add
Invesco Ltd history 9.23M $33.33M 0.01% Reduce
Morgan Stanley history 8.88M $32.06M 0.00% Add
Deutsche Bank AG history 7.50M $27.07M 0.01% Reduce
Manulife Financial history 6.85M $24.60M 0.02% Reduce
Bank of America Corp history 6.67M $24.09M 0.00% Add
Renaissance Technologies history 6.19M $22.34M 0.03% Reduce
Amundi US history 5.94M $21.72M 0.01% Reduce
Legal & General Investment Management America history 5.31M $19.16M 0.01% Add
Charles Schwab Investment Management history 4.11M $14.82M 0.00% Reduce
Geode Capital Management history 3.07M $13.79M 0.00% Add
Point72 Asset Management history 2.65M $9.55M 0.02% Reduce
Wells Fargo & Co history 1.88M $6.78M 0.00% Add
Janus Henderson Group history 1.60M $5.76M 0.00% Reduce
UBS Group AG history 1.48M $5.36M 0.00% Reduce
JPMorgan Chase & Co history 1.17M $4.21M 0.00% Add
Marshall Wace history 972.89K $3.51M 0.00% New
BlackRock Inc history 611.45K $2.21M 0.00% Reduce
Citigroup Inc history 247.66K $892.99K 0.00% Reduce
BNY Mellon history 192.82K $696.07K 0.00% Add
D. E. Shaw & Co history 170.38K $615.71K 0.00% Reduce
Balyasny Asset Management history 114.51K $413.37K 0.00% New
Causeway Capital Management history 94.49K $340.71K 0.01% Hold
Bridgewater Associates history 72.44K $261.19K 0.00% Add
Fidelity International (FIL) history 53.49K $193.25K 0.00% Add
Prudential Financial history 29.93K $107.92K 0.00% Hold

Q1 2025 — 32 funds

FundSharesValuePortfolio WeightChange
Fidelity Management & Research (FMR) history 78.81M $223.99M 0.01% Add
Vanguard Group history 54.10M $153.75M 0.00% Add
Two Sigma Investments history 23.85M $67.97M 0.15% Add
Invesco Ltd history 19.79M $56.41M 0.01% Add
Renaissance Technologies history 15.77M $44.95M 0.07% Reduce
Arrowstreet Capital history 15.60M $44.39M 0.04% New
First Eagle Investment Management history 12.84M $36.51M 0.08% Add
Amundi US history 10.85M $31.68M 0.01% Add
Franklin Resources history 10.14M $28.83M 0.01% Add
Deutsche Bank AG history 8.31M $23.68M 0.01% Add
Goldman Sachs Group history 8.16M $23.25M 0.00% Add
Manulife Financial history 6.95M $19.87M 0.02% Reduce
Morgan Stanley history 6.57M $18.72M 0.00% Add
Bank of America Corp history 6.40M $18.25M 0.00% Add
Point72 Asset Management history 4.55M $12.97M 0.03% New
D. E. Shaw & Co history 4.41M $12.57M 0.01% Reduce
Charles Schwab Investment Management history 4.16M $11.82M 0.00% Add
Citadel Advisors history 3.91M $11.15M 0.00% Reduce
Geode Capital Management history 2.63M $9.63M 0.00% Add
Janus Henderson Group history 2.71M $7.83M 0.00% New
Legal & General Investment Management America history 2.41M $6.86M 0.00% Add
UBS Group AG history 2.18M $6.22M 0.00% Add
Millennium Management history 1.26M $3.58M 0.00% Reduce
BlackRock Inc history 628.98K $1.79M 0.00% Add
Wells Fargo & Co history 494.67K $1.41M 0.00% Add
Citigroup Inc history 249.52K $709.07K 0.00% Reduce
BNY Mellon history 158.14K $450.70K 0.00% Reduce
Causeway Capital Management history 94.49K $268.52K 0.01% Reduce
JPMorgan Chase & Co history 73.65K $209.91K 0.00% Reduce
Bridgewater Associates history 68.29K $194.06K 0.00% New
Fidelity International (FIL) history 43.42K $123.40K 0.00% Add
Prudential Financial history 29.93K $85.05K 0.00% New

View all 46 fund holders →

New Positions (Q2 2026)

Fully Exited (vs previous quarter)

Fund Position History — shares by quarter (top 20 funds)

FundQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Two Sigma Investments 36.46M 43.06M 24.06M 21.49M 28.13M 23.85M 14.98M 15.22M 13.62M 7.44M 7.00M 13.99M 15.71M 13.26M 5.11M 6.29M 15.83M 11.77M 9.23M 4.35M
Millennium Management 25.00M 23.12M 23.34M 6.70M 11.70M 1.26M 1.28M 922.74K 6.25M 4.28M 1.16M 901.44K 3.12M 7.63M 2.01M 105.67K 2.08M 1.68M 3.13M 709.56K
D. E. Shaw & Co 19.12M 28.24M 36.24M 11.75M 170.38K 4.41M 8.80M 8.35M 938.74K 549.89K 99.76K 311.56K 190.29K — — — 24.45K 29.52K 47.72K 553.04K
Goldman Sachs Group 18.55M 22.70M 9.57M 7.25M 10.99M 8.16M 2.90M 2.50M 9.78M 6.71M 4.46M 1.26M 3.48M 534.81K 1.45M 1.38M 1.20M 426.74K 468.73K 572.37K
Deutsche Bank AG 17.10M 17.10M 15.45M 9.17M 7.50M 8.31M 7.54M 7.12M 7.70M 7.53M 5.49M 4.96M 4.50M 4.12M 102.27K 2.55K 46.84K 823.85K 4.59M 5.79M
Morgan Stanley 16.34M 12.06M 12.64M 9.03M 8.88M 6.57M 3.19M 3.57M 5.57M 6.30M 2.18M 3.77M 3.75M 1.83M 1.99M 1.77M 3.16M 4.14M 7.18M 4.60M
Norges Bank Investment Management 14.67M — 16.73M — 16.74M — 16.43M — 16.27M — 15.85M — — — 11.70M — — — — —
Fidelity International (FIL) 10.16M 10.08M 10.09M 10.06M 53.49K 43.42K 38.05K 27.67K 23.37K 17.86K 2.71M 2.71M 14.43M 14.37M 13.72M 13.49M 13.36M 13.35M 3.00M 2.00M
First Eagle Investment Management 9.70M 9.70M 9.71M 12.87M 12.86M 12.84M 8.33M 18.12M 18.12M 27.22M 11.20M 3.39M 3.37M 22.70M 28.75M 26.28M 24.81M 24.81M 21.79M 19.56M
Bank of America Corp 8.55M 12.05M 10.96M 9.84M 6.67M 6.40M 4.52M 667.66K 2.36M 2.77M 860.75K 1.91M 2.98M 1.21M 928.18K 1.57M 819.36K 713.33K 7.18M 1.17M
Legal & General Investment Management America 7.07M 7.19M 7.21M 6.36M 5.31M 2.41M 2.39M 2.54M 2.60M 2.69M 2.68M 3.05M 2.97M 2.78M 2.85M 3.39M 3.30M 2.94M 3.23M 5.83M
Renaissance Technologies 6.33M 2.67M 2.53M 336.90K 6.19M 15.77M 27.19M 26.91M 24.47M 26.36M 29.67M 29.95M 30.96M 30.76M 32.01M 35.52M 36.31M 32.07M 33.17M 33.71M
Citadel Advisors 6.19M 6.79M 6.83M 5.98M 29.13M 3.91M 7.87M 2.55M 2.63M 5.38M 3.45M 2.65M 2.92M 2.09M 2.31M 2.40M 3.58M 1.96M 4.79M 1.57M
UBS Group AG 5.74M 2.81M 3.58M 893.91K 1.48M 2.18M 1.88M 627.42K 627.74K 801.22K 760.33K 766.98K 809.26K 504.37K 698.92K 795.59K 716.71K 649.06K 669.31K 567.85K
Franklin Resources 5.32M 5.86M 8.77M 9.76M 10.39M 10.14M 8.91M 9.43M 9.84M 10.41M 10.43M 9.58M 9.57M 9.98M 9.93M 10.40M 10.56M 11.69M 11.84M 12.14M
Amundi US 5.29M 7.54M 9.25M 9.00M 5.94M 10.85M 8.14M 5.92M 7.72M 6.34M 6.75M 6.36M 7.04M 9.58M 9.71M 8.38M 6.69M 5.99M 5.76M 6.64M
Point72 Asset Management 5.08M 5.07M 6.95M 4.64M 2.65M 4.55M — — — — — — — — — — — — — —
Charles Schwab Investment Management 4.48M 4.40M 4.64M 4.53M 4.11M 4.16M 3.95M 3.96M 3.81M — — — — — — — — — — —
Geode Capital Management 3.58M 3.20M 1.63M 1.45M 3.07M 2.63M 2.27M 2.08M 1.41M 1.31M 1.68M 1.42M 719.40K 651.99K 610.17K 610.12K 536.45K 562.71K 593.78K 2.85M
CPP Investments 3.95M 281.10K — 2.31M — — — 1.17M 1.17M 373.50K 1.01M 1.01M 762.80K 10.70K 10.70K 541.20K 123.00K 50.30K — —

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