Caption Management’s B2Gold BTG Stock Holding History

Caption Management’s Portfolio BTG Stock Details BTG Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$113K	Sell	25,000 -55,000	-69%	-$276K	0.01%	1387
2025 Q4	$361K	Hold	80,000	–	–	0.02%	1296
2025 Q3	$396K	Buy	80,000 +50,419	+170%	+$198K	0.02%	1351
2025 Q2	$107K	Sell	29,581 -106,000	-78%	-$348K	0.01%	1313
2025 Q1	$386K	Buy	+135,581	New	+$364K	0.02%	1159
2023 Q1	–	Sell	-32,000	Closed	-$114K	–	1179
2022 Q4	$114K	Buy	32,000 +30,216	+1,694%	+$100K	0.02%	1121
2022 Q3	$6K	Buy	+1,784	New	+$5.88K	﹤0.01%	1448
2022 Q2	–	Hold	0	–	–	–	1528
2022 Q1	–	Sell	-214,000	Closed	-$860K	–	1540
2021 Q4	$841K	Buy	214,000 +213,825	+122,186%	+$858K	0.05%	1107
2021 Q3	$1K	Buy	+175	New	+$676	﹤0.01%	1454
2021 Q2	–	Sell	-31,500	Closed	-$154K	–	1362
2021 Q1	$137K	Buy	+31,500	New	+$154K	0.02%	946
2020 Q4	–	Hold	0	–	–	–	1010
2020 Q3	–	Hold	0	–	–	–	1070
2020 Q2	–	Hold	0	–	–	–	981

Other funds holding BTG

VanEck Associates

VanEck Associates New York $133B AUM 72.99% 1-Year Est. Return

Pale Fire Capital SE Prague, Czech Republic $1.14B AUM 42.87% 1-Year Est. Return

Two Sigma Investments

Two Sigma Investments New York $121B AUM 33.93% 1-Year Est. Return

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

American Century Companies

American Century Companies Kansas City, Missouri $194B AUM 35% 1-Year Est. Return

Dimensional Fund Advisors

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

D.E. Shaw & Co New York $127B AUM 43.98% 1-Year Est. Return

Millennium Management

Millennium Management New York $134B AUM 35.51% 1-Year Est. Return

Goldman Sachs New York $761B AUM 31.28% 1-Year Est. Return

Jane Street New York $93.1B AUM 61.18% 1-Year Est. Return