BTG
B2Gold Corp. · Basic Materials · Gold
Momentum inputs (comparable managers):
holder breadth -12.5% ·
share flow +8.1% ·
net new positions -14.3%
· formula
Concentrated accumulation: rising shares among fewer holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q4 2024
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q3 2026 | 2 | 0 | 826.23K | $4.33M | n/a | n/a |
| Q2 2026 | 97 | -1 | 466.93M | $1.76B | +8 | −11 |
| Q1 2026 | 102 | -1 | 465.38M | $2.11B | +6 | −8 |
| Q4 2025 | 103 | +2 | 538.65M | $2.43B | +3 | n/a |
| Q3 2025 | 16 | 0 | 242.88M | $1.20B | n/a | −1 |
| Q2 2025 | 14 | +1 | 266.33M | $964.73M | +1 | n/a |
| Q1 2025 | 10 | +3 | 88.09M | $252.97M | +3 | n/a |
| Q4 2024 | 7 | -1 | 77.88M | $191.45M | n/a | −1 |
| Q3 2024 | 8 | 0 | 72.05M | $223.26M | n/a | n/a |
| Q2 2024 | 8 | n/a | 66.90M | $180.61M | n/a | n/a |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Renaissance Technologies ✦ | 27.19M | +1.0% | $66.34M | 0.1% | ▲ Add | 3 | SEC ↗ |
| 2 | Norges Bank ✦ (passive) | 16.43M | +1.0% | $40.19M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 3 | Two Sigma Investments ✦ | 14.98M | -1.6% | $36.56M | 0.1% | ▼ Trim | 3 | SEC ↗ |
| 4 | D. E. Shaw & Co. ✦ | 8.80M | +5.3% | $21.49M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 5 | Citadel Advisors ✦ | 6.92M | +304.4% | $16.89M | 0.0% | ▲ Add | 3 | SEC ↗ ×2 |
| 6 | Geode Capital Management ✦ (passive) | 2.27M | +9.2% | $6.85M | 0.0% | ▲ Add | 3 | SEC ↗ ×2 |
| 7 | Millennium Management ✦ | 1.28M | +39.0% | $3.13M | 0.0% | ▲ Add | 3 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value: the conviction measure. ✦ = curated manager.
New buyers
| No new tracked buyers this quarter. |
Exited
| Arrowstreet Capital | $1.80M | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 292 holders, 744.50M shares, $2.85B reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold: shared-ownership counts, not fundamental relationships.