Tocqueville Asset Management’s B2Gold BTG Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2020 Q1	–	Sell	-17,995,331	Closed	-$72.2M	–	643
2019 Q4	$72.2M	Sell	17,995,331 -736,000	-4%	-$2.95M	1.06%	12
2019 Q3	$60.5M	Sell	18,731,331 -362,000	-2%	-$1.17M	0.82%	24
2019 Q2	$57.9M	Sell	19,093,331 -354,000	-2%	-$1.07M	0.75%	26
2019 Q1	$54.6M	Sell	19,447,331 -274,600	-1%	-$772K	0.73%	28
2018 Q4	$57.6M	Sell	19,721,931 -861,100	-4%	-$2.51M	0.86%	18
2018 Q3	$47.3M	Hold	20,583,031	–	–	0.6%	41
2018 Q2	$53.1M	Sell	20,583,031 -2,856,700	-12%	-$7.37M	0.67%	35
2018 Q1	$64M	Sell	23,439,731 -1,065,000	-4%	-$2.91M	0.82%	22
2017 Q4	$76M	Sell	24,504,731 -1,630,500	-6%	-$5.05M	0.86%	19
2017 Q3	$73.2M	Sell	26,135,231 -934,800	-3%	-$2.62M	0.84%	22
2017 Q2	$76.1M	Buy	27,070,031 +55,100	+0.2%	+$155K	0.91%	23
2017 Q1	$76.5M	Sell	27,014,931 -352,000	-1%	-$996K	0.93%	21
2016 Q4	$64.9M	Buy	27,366,931 +2,817,600	+11%	+$6.68M	0.83%	23
2016 Q3	$64.6M	Sell	24,549,331 -2,097,200	-8%	-$5.52M	0.78%	32
2016 Q2	$66.9M	Sell	26,646,531 -975,100	-4%	-$2.45M	0.8%	34
2016 Q1	$45.9M	Buy	27,621,631 +950,300	+4%	+$1.58M	0.61%	42
2015 Q4	$27.2M	Sell	26,671,331 -1,448,400	-5%	-$1.48M	0.37%	75
2015 Q3	$29.5M	Buy	28,119,731 +100,000	+0.4%	+$105K	0.4%	71
2015 Q2	$42.9M	Buy	28,019,731 +415,900	+2%	+$636K	0.5%	49
2015 Q1	$42M	Buy	27,603,831 +1,174,008	+4%	+$1.78M	0.49%	53
2014 Q4	$42.8M	Buy	26,429,823 +60,200	+0.2%	+$97.5K	0.46%	63
2014 Q3	$53.5M	Buy	26,369,623 +5,120,801	+24%	+$10.4M	0.59%	44
2014 Q2	$62M	Buy	+21,248,822	New	+$62M	0.6%	41
2013 Q4	–	Sell	-15,383,630	Closed	-$38.2M	–	1362
2013 Q3	$38.2M	Buy	15,383,630 +1,132,600	+8%	+$2.81M	0.48%	67
2013 Q2	$30.4M	Buy	+14,251,030	New	+$30.4M	0.41%	82