B2Gold
99 hedge funds and large institutions have $1.4B invested in B2Gold in 2014 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 35 increasing their positions, 31 reducing their positions, and 14 closing their positions.
21% more capital invested
Capital invested by funds: $1.15B → $1.4B (+$244M)
13% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 31
7.57% more ownership
Funds ownership: 62.88% → 70.45% (+7.6%)
1% more funds holding
Funds holding: 98 → 99 (+1)
7% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 14
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Tocqueville Asset Management
New York
|
+$57.7M |
| 2 |
PP
Prudential plc
London, England,
United Kingdom
|
+$49.9M |
| 3 |
O
OppenheimerFunds
New York
|
+$48M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$44.2M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$13.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$49.1M |
| 2 |
SVG
Sun Valley Gold
Sun Valley,
Idaho
|
-$20.6M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$13.9M |
| 4 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
-$5.75M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$4.88M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BP
101
BI Partners
Darien,
Connecticut
| – | -$3.26M | -1,200,000 | Closed |
|
|
LC
102
Loews Corp
New York
| – | -$2.7M | -995,605 | Closed |
|
|
PI
103
PineBridge Investments
New York
| – | -$789K | -262,888 | Closed |
|
|
LP
104
LMR Partners
London,
United Kingdom
| – | -$251K | -93,067 | Closed |
|
105
Marshall Wace
London,
United Kingdom
| – | -$241K | -89,700 | Closed |
|
|
SIM
106
Strategic Investment Management
Arlington,
Virginia
| – | -$174K | -64,722 | Closed |
|
|
PP
107
Paloma Partners
Greenwich,
Connecticut
| – | -$117K | -43,605 | Closed |
|
108
D.E. Shaw & Co
New York
| – | -$102K | -37,873 | Closed |
|
|
GCIA
109
Gabelli & Co Investment Advisers
Rye,
New York
| – | -$43K | -14,406 | Closed |
|
|
FTUS
110
Flow Traders U.S.
New York
| – | -$18K | -6,736 | Closed |
|
|
HIM
111
Hillsdale Investment Management
Toronto,
Ontario, Canada
| – | -$2K | -891 | Closed |
|
BTG Hedge Fund Activity: Q2 2014 in Review
99 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in B2Gold (BTG) for Q2 2014, worth a combined $1.4B — up 21% from $1.15B a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new BTG positions and 14 closed out — a net gain of 1 holder — while 35 added to existing stakes and 31 trimmed.
The largest buyer was Tocqueville Asset Management, opening a new position worth an estimated $57.7M. The largest seller was Fiera Capital (Canada), cutting an estimated $49.1M.
- 99 institutional investors held B2Gold (BTG) as of Q2 2014, up from 98 in Q1 2014.
- Funds reported $1.4B of B2Gold stock for Q2 2014, up 21% quarter-over-quarter.
- 15 funds opened new B2Gold positions in Q2 2014 and 14 closed out, a net change of +1 holder.
- The largest B2Gold buyer in Q2 2014 was Tocqueville Asset Management, an estimated $57.7M added.
- The largest B2Gold seller in Q2 2014 was Fiera Capital (Canada), an estimated $49.1M sold.
Based on aggregated 13F filings for Q2 2014.