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
-$71,302,758
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% $229,505,572 -$837,600 65,760,909 -0.36% Pale Fire Capital SICAV a.s. 30 Jun 2025
BlackRock, Inc. 4.4% $179,884,351 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 9,228,089 $41,373,637 -$4,974,352 $4.51 24
2025 Q3 745,770,894 $3,692,909,789 -$71,302,758 $4.95 284
2025 Q2 766,188,755 $2,769,386,852 +$176,449,658 $3.61 251
2025 Q1 719,743,074 $2,052,509,239 +$161,182,416 $2.85 250
2024 Q4 657,978,569 $1,610,113,061 +$36,155,189 $2.44 237
2024 Q3 638,338,437 $2,028,567,280 +$164,825,060 $3.08 248
2024 Q2 591,438,923 $1,593,937,491 -$71,249,377 $2.70 255
2024 Q1 620,147,362 $1,620,931,527 -$99,181,952 $2.61 244
2023 Q4 653,512,899 $2,066,250,223 -$23,454,809 $3.16 221
2023 Q3 664,080,652 $1,922,724,470 -$67,955,535 $2.89 228
2023 Q2 683,114,540 $2,437,510,308 +$277,215,011 $3.57 227
2023 Q1 607,510,025 $2,399,217,573 +$108,117,299 $3.94 224
2022 Q4 580,827,459 $2,073,098,211 +$49,864,848 $3.57 208
2022 Q3 569,036,336 $1,832,375,891 -$6,051,577 $3.22 201
2022 Q2 566,299,483 $1,921,200,329 +$32,062,354 $3.39 207
2022 Q1 556,618,855 $2,556,564,556 +$6,505,305 $4.59 205
2021 Q4 556,534,403 $2,186,506,546 -$25,142,348 $3.93 224
2021 Q3 553,973,191 $1,892,741,987 -$30,672,927 $3.42 225
2021 Q2 566,435,861 $2,380,294,728 -$62,959,379 $4.21 230
2021 Q1 581,194,146 $2,509,681,561 -$117,656,926 $4.31 225
2020 Q4 601,346,641 $3,356,831,011 -$54,986,223 $5.60 231
2020 Q3 605,271,587 $3,933,953,921 -$23,650,927 $6.51 212
2020 Q2 616,307,935 $3,515,987,776 -$28,235,901 $5.69 210
2020 Q1 608,937,494 $1,854,474,205 -$103,474,741 $3.04 153
2019 Q4 649,279,429 $2,615,677,639 +$36,865,310 $4.01 165
2019 Q3 641,340,666 $2,078,843,899 +$92,169,527 $3.24 153
2019 Q2 594,447,607 $1,804,721,860 +$37,773,529 $3.03 146
2019 Q1 606,783,965 $1,703,141,324 -$19,221,083 $2.81 149
2018 Q4 613,332,408 $1,793,060,314 +$34,250,677 $2.92 145
2018 Q3 600,185,747 $1,374,677,834 +$21,775,805 $2.30 127
2018 Q2 586,259,217 $1,517,241,972 -$26,709,505 $2.58 128
2018 Q1 596,148,471 $1,629,981,520 +$2,985,999 $2.73 126
2017 Q4 593,068,025 $1,835,423,259 +$12,020,969 $3.10 124
2017 Q3 593,650,656 $1,649,575,746 +$15,876,576 $2.80 119
2017 Q2 584,933,475 $1,644,598,645 -$83,969,616 $2.81 114
2017 Q1 614,938,813 $1,744,874,862 +$96,291,946 $2.83 115
2016 Q4 581,248,276 $1,379,871,656 +$15,964,399 $2.37 112
2016 Q3 581,259,431 $1,525,362,445 -$44,446,535 $2.63 113
2016 Q2 598,022,389 $1,499,331,000 +$65,823,934 $2.51 96
2016 Q1 573,121,661 $952,700,000 -$37,007,567 $1.66 84
2015 Q4 613,686,224 $622,956,900 +$26,171,887 $1.02 88
2015 Q3 587,821,888 $619,301,139 -$72,909,217 $1.05 92
2015 Q2 631,756,330 $966,484,401 +$11,285,642 $1.53 100
2015 Q1 620,752,328 $935,282,805 +$43,360,568 $1.52 97
2014 Q4 618,429,110 $1,016,624,685 +$77,117,893 $1.62 101
2014 Q3 570,975,058 $1,163,823,730 +$199,108,444 $2.03 107
2014 Q2 471,631,434 $1,379,474,348 +$141,601,185 $2.92 95
2014 Q1 424,115,671 $1,151,592,539 -$2,862,396 $2.70 93