B2Gold
93 hedge funds and large institutions have $955M invested in B2Gold in 2016 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 20 increasing their positions, 40 reducing their positions, and 13 closing their positions.
55% more capital invested
Capital invested by funds: $618M → $955M (+$337M)
2% less funds holding
Funds holding: 95 → 93 (-2)
5.44% less ownership
Funds ownership: 67.95% → 62.51% (-5.4%)
15% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 13
50% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 40
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$15.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.74M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$3.42M |
| 4 |
AA
ALPS Advisors
Denver,
Colorado
|
+$3.36M |
| 5 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$3.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Sentry Investments
Toronto,
Ontario, Canada
|
-$11.7M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$11.4M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$11.4M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$9.29M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$6.12M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Two Sigma Investments
New York
| – | -$84K | -82,770 | Closed |
|
102
Wellington Management Group
Boston,
Massachusetts
| – | -$78K | -77,160 | Closed |
|
|
CSS
103
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$19K | -18,692 | Closed |
|
|
GA
104
Geneva Advisors
Chicago,
Illinois
| – | -$11K | -11,000 | Closed |
|
BTG Hedge Fund Activity: Q1 2016 in Review
93 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in B2Gold (BTG) for Q1 2016, worth a combined $955M — up 55% from $618M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of BTG and 11 opened new positions — a net loss of 2 holders — while 40 trimmed existing stakes and 20 added.
The largest buyer was Fiera Capital (Canada), adding an estimated $15.1M. The largest seller was Sentry Investments, cutting an estimated $11.7M.
- 93 institutional investors held B2Gold (BTG) as of Q1 2016, down from 95 in Q4 2015.
- Funds reported $955M of B2Gold stock for Q1 2016, up 55% quarter-over-quarter.
- 11 funds opened new B2Gold positions in Q1 2016 and 13 closed out, a net change of -2 holders.
- The largest B2Gold buyer in Q1 2016 was Fiera Capital (Canada), an estimated $15.1M added.
- The largest B2Gold seller in Q1 2016 was Sentry Investments, an estimated $11.7M sold.
Based on aggregated 13F filings for Q1 2016.