B2Gold
BTG
226 hedge funds and large institutions have $2.07B invested in B2Gold in 2023 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 88 increasing their positions, 66 reducing their positions, and 39 closing their positions.
982% more call options, than puts
Call options by funds: $51.8M | Put options by funds: $4.79M
33% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 66
8% more capital invested
Capital invested by funds: $1.92B → $2.07B (+$145M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.34% less ownership
Funds ownership: 50.66% → 50.33% (-0.34%)
4% less funds holding
Funds holding: 235 → 226 (-9)
15% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$31.5M |
| 2 |
First Eagle Investment Management
New York
|
+$24.7M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$23.6M |
| 4 |
Man Group
London,
United Kingdom
|
+$21.6M |
| 5 |
Goldman Sachs
New York
|
+$10.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ninety One (UK)
London,
United Kingdom
|
-$28M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$27.1M |
| 3 |
Two Sigma Investments
New York
|
-$22M |
| 4 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
-$16.8M |
| 5 |
JP Morgan Chase
New York
|
-$15.9M |
BTG Hedge Fund Activity: Q4 2023 in Review
226 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in B2Gold (BTG) for Q4 2023, worth a combined $2.07B — up 7.5% from $1.92B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of BTG and 33 opened new positions — a net loss of 6 holders — while 66 trimmed existing stakes and 88 added.
The largest buyer was VanEck Associates, adding an estimated $31.5M. The largest seller was Ninety One (UK), exiting entirely with an estimated $28M sold.
- 226 institutional investors held B2Gold (BTG) as of Q4 2023, down from 235 in Q3 2023.
- Funds reported $2.07B of B2Gold stock for Q4 2023, up 7.5% quarter-over-quarter.
- 33 funds opened new B2Gold positions in Q4 2023 and 39 closed out, a net change of -6 holders.
- The largest B2Gold buyer in Q4 2023 was VanEck Associates, an estimated $31.5M added.
- The largest B2Gold seller in Q4 2023 was Ninety One (UK), an estimated $28M sold.
Based on aggregated 13F filings for Q4 2023.