B2GOLD CORP - Common Shares (BTG) Institutional Ownership

13F Institutional Holders and Ownership History from Q1 2014 to Q4 2025

Type / Class
Equity / Common Shares
Symbol
BTG on NYSE
Shares outstanding
1,322,296,682
Price per share
$4.51
All holders as of 30 Sep 2025
Q3 2025
Total 13F shares
745,770,894
Total reported value
$3,692,909,789
% of total 13F portfolios
0.01%
Share change
-21,254,393
Value change
-$71,302,471
Number of holders
284
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of B2GOLD CORP - Common Shares (BTG) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
VAN ECK ASSOCIATES CORP 8.8% -15% $574,028,824 -$98,716,583 115,965,419 -15% VAN ECK ASSOCIATES CORP 30 Sep 2025
FMR LLC 7.7% +28% $502,416,768 +$112,308,486 101,498,337 +29% FMR LLC 30 Sep 2025
Pale Fire Capital SE 5% -0.6% $265,674,072 -$969,600 65,760,909 -0.36% Pale Fire Capital SICAV a.s. 30 Jun 2025
BlackRock, Inc. 4.4% $188,008,160 58,027,210 BlackRock, Inc. 31 Mar 2025

As of 30 Sep 2025, 284 institutional investors reported holding 745,770,894 shares of B2GOLD CORP - Common Shares (BTG). This represents 56% of the company’s total 1,322,296,682 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of B2GOLD CORP - Common Shares (BTG) together control 45% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
VAN ECK ASSOCIATES CORP 8.8% 115,903,653 -12% 0.53% $573,718,000
FMR LLC 7.7% 101,498,337 +26% 0.03% $501,766,589
VANGUARD GROUP INC 4.2% 55,005,249 +2.6% 0% $271,945,951
Pale Fire Capital SE 3.8% 50,015,909 -24% 27% $247,578,750
AMERICAN CENTURY COMPANIES INC 2.6% 34,067,358 +15% 0.09% $168,455,144
DIMENSIONAL FUND ADVISORS LP 2.4% 31,137,730 +4.9% 0.03% $154,132,472
TWO SIGMA INVESTMENTS, LP 1.6% 21,486,019 -24% 0.16% $106,355,794
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 1.4% 18,171,486 -47% 0.06% $89,911,525
TWO SIGMA ADVISERS, LP 1.3% 16,805,180 -30% 0.17% $83,185,641
Connor, Clark & Lunn Investment Management Ltd. 0.99% 13,119,360 +34% 0.2% $64,842,635
First Eagle Investment Management, LLC 0.97% 12,870,583 +0.11% 0.12% $63,612,815
D. E. Shaw & Co., Inc. 0.89% 11,748,339 +6796% 0.05% $58,139,050
BANK OF MONTREAL /CAN/ 0.88% 11,689,261 +18% 0.03% $57,774,135
Invesco Ltd. 0.79% 10,434,935 +13% 0.01% $51,652,929
FIL Ltd 0.76% 10,057,417 +18704% 0.04% $49,719,788
BANK OF AMERICA CORP /DE/ 0.74% 9,839,431 +47% 0% $48,705,185
FRANKLIN RESOURCES INC 0.74% 9,760,647 -6% 0.01% $48,241,966
DEUTSCHE BANK AG\ 0.69% 9,165,239 +22% 0.02% $45,367,933
MORGAN STANLEY 0.68% 9,033,207 +1.7% 0% $44,714,375
Amundi 0.68% 9,000,638 +52% 0.02% $47,973,400
ROYAL BANK OF CANADA 0.63% 8,266,069 +84% 0.01% $40,918,000
Euro Pacific Asset Management, LLC 0.57% 7,544,575 +8.5% 4.5% $36,984,000
SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.56% 7,449,482 +59% 0.05% $36,874,936
GOLDMAN SACHS GROUP INC 0.55% 7,249,683 -34% 0.01% $35,885,930
MILLENNIUM MANAGEMENT LLC 0.51% 6,703,249 -43% 0.03% $33,181,083

Institutional Holders of B2GOLD CORP - Common Shares (BTG) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 9,932,097 $44,566,244 -$3,957,247 $4.51 34
2025 Q3 745,770,894 $3,692,909,789 -$71,302,471 $4.95 284
2025 Q2 766,188,755 $2,769,386,852 +$172,389,107 $3.61 251
2025 Q1 719,723,490 $2,052,453,567 +$161,181,759 $2.85 249
2024 Q4 657,958,765 $1,610,122,839 +$75,965,040 $2.44 235
2024 Q3 621,811,389 $1,977,492,445 +$120,594,989 $3.08 246
2024 Q2 590,624,606 $1,591,759,079 -$28,233,259 $2.70 255
2024 Q1 603,981,520 $1,578,546,214 -$157,118,867 $2.61 242
2023 Q4 2,060,307 $6,510,995 -$3,107,012 $3.17 4
2023 Q3 647,430,997 $1,874,872,480 -$67,987,469 $2.89 221
2023 Q2 659,627,268 $2,353,347,574 +$237,918,163 $3.57 219
2023 Q1 594,416,728 $2,345,337,541 +$105,141,780 $3.94 217
2022 Q4 578,195,648 $2,063,704,699 +$52,688,737 $3.57 203
2022 Q3 566,373,939 $1,823,964,877 +$14,800,873 $3.22 195
2022 Q2 563,150,562 $1,891,877,864 +$11,387,816 $3.39 202
2022 Q1 546,567,356 $2,510,226,909 +$3,773,902 $4.59 197
2021 Q4 553,760,511 $2,175,758,904 -$20,496,972 $3.93 220
2021 Q3 567,789,467 $1,955,564,962 -$10,173,427 $3.42 229
2021 Q2 574,797,160 $2,425,982,550 -$69,132,020 $4.21 231
2021 Q1 590,663,382 $2,561,414,320 -$113,431,284 $4.31 230
2020 Q4 601,156,423 $3,355,760,406 -$52,756,488 $5.60 227
2020 Q3 603,008,702 $3,919,024,586 +$3,678,429 $6.51 208
2020 Q2 615,671,181 $3,512,413,800 +$26,010,131 $5.69 206
2020 Q1 606,752,510 $1,847,826,339 -$99,949,898 $3.04 145
2019 Q4 635,203,910 $2,545,824,080 +$23,794,746 $4.01 156
2019 Q3 637,299,363 $2,065,652,903 +$142,003,428 $3.23 148
2019 Q2 592,982,954 $1,800,273,079 +$61,637,358 $3.03 142
2019 Q1 605,330,396 $1,699,088,484 -$20,851,907 $2.81 144
2018 Q4 610,366,329 $1,784,391,324 +$39,083,932 $2.92 141
2018 Q3 599,093,831 $1,372,201,591 +$21,018,996 $2.30 126
2018 Q2 585,676,665 $1,515,740,347 -$712,172 $2.58 125
2018 Q1 589,570,815 $1,612,021,195 +$6,507,425 $2.73 123
2017 Q4 592,427,101 $1,833,438,716 +$11,952,472 $3.10 120
2017 Q3 593,035,701 $1,647,879,124 +$14,341,504 $2.80 117
2017 Q2 584,321,907 $1,642,883,971 -$83,955,108 $2.81 112
2017 Q1 614,322,110 $1,743,124,178 +$95,469,508 $2.83 113
2016 Q4 580,987,036 $1,379,175,643 +$15,822,380 $2.37 110
2016 Q3 581,149,431 $1,525,075,000 -$44,733,529 $2.63 112
2016 Q2 598,021,389 $1,499,329,000 +$65,801,361 $2.51 95
2016 Q1 573,121,661 $952,700,000 -$36,655,728 $1.66 84
2015 Q4 613,337,291 $622,605,000 +$26,176,987 $1.02 87
2015 Q3 587,316,379 $618,579,000 -$72,952,910 $1.05 89
2015 Q2 631,429,588 $965,981,320 +$11,145,430 $1.53 98
2015 Q1 605,150,819 $911,578,000 +$38,035,409 $1.52 94
2014 Q4 613,736,477 $1,007,497,140 +$76,461,373 $1.62 99
2014 Q3 566,211,912 $1,154,153,934 +$195,779,902 $2.03 105
2014 Q2 471,589,674 $1,379,352,803 +$141,681,144 $2.92 94
2014 Q1 424,046,211 $1,151,404,184 -$2,497,373 $2.70 92