Macquarie Group’s B2Gold BTG Stock Holding History

Macquarie Group’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
2025 Q4	–	Sell	-400,000	Closed	-$1.98M	–	953
2025 Q3	$1.98M	Buy	400,000 +349,561	+693%	+$1.37M	﹤0.01%	1170
2025 Q2	$182K	Buy	+50,439	New	+$166K	﹤0.01%	1545
2023 Q2	–	Sell	-411,491	Closed	-$1.62M	–	1667
2023 Q1	$1.62M	Hold	411,491	–	–	﹤0.01%	1226
2022 Q4	$1.47M	Hold	411,491	–	–	﹤0.01%	1302
2022 Q3	$1.32M	Buy	+411,491	New	+$1.36M	﹤0.01%	1355
2021 Q1	–	Sell	-18,556	Closed	-$104K	–	2465
2020 Q4	$104K	Hold	18,556	–	–	﹤0.01%	1865
2020 Q3	$121K	Hold	18,556	–	–	﹤0.01%	1731
2020 Q2	$105K	Sell	18,556 -30,378	-62%	-$152K	﹤0.01%	1735
2020 Q1	$148K	Buy	+48,934	New	+$194K	﹤0.01%	1528
2013 Q4	–	Sell	-27,073	Closed	-$68K	–	1551
2013 Q3	$68K	Sell	27,073 -8,340	-24%	-$22.6K	﹤0.01%	1536
2013 Q2	$75K	Buy	+35,413	New	+$78.8K	﹤0.01%	1484

Other funds holding BTG

VanEck Associates New York $164B AUM 112.45% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

PFCS

Pale Fire Capital SE Prague, Czech Republic $1.41B AUM 25.22% 1-Year Est. Return

D.E. Shaw & Co New York $210B AUM 57.28% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

American Century Companies Kansas City, Missouri $226B AUM 44.75% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return

Two Sigma Investments New York $138B AUM 41.87% 1-Year Est. Return

Millennium Management New York $276B AUM 44.8% 1-Year Est. Return

Two Sigma Advisers New York $51.4B AUM 31.07% 1-Year Est. Return

Macquarie Group's BTG Position: Q4 2025 in Review

Macquarie Group sold out of B2Gold (BTG) in Q4 2025, closing a stake of 400,000 shares — an estimated $1.98M sold.

Macquarie Group first reported a position in BTG in Q2 2013 and held it in 11 quarters. The position peaked at $1.98M in Q3 2025. 291 funds tracked by Wall St. Rank hold BTG as of Q4 2025.

Macquarie Group reported no remaining B2Gold position as of Q4 2025 after selling out during the quarter.
Macquarie Group sold 400,000 B2Gold shares in Q4 2025, an estimated $1.98M.
Macquarie Group first reported a position in B2Gold in Q2 2013 and held it in 11 quarters.
Macquarie Group's B2Gold position peaked at $1.98M in Q3 2025.
291 funds tracked by Wall St. Rank held B2Gold as of Q4 2025.

Based on Macquarie Group's 13F filing for Q4 2025, filed 13 Feb 2026.