B2Gold
243 hedge funds and large institutions have $1.61B invested in B2Gold in 2024 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 74 increasing their positions, 81 reducing their positions, and 43 closing their positions.
1.34% more ownership
Funds ownership: 48.86% → 50.2% (+1.3%)
7% more call options, than puts
Call options by funds: $8.61M | Put options by funds: $8.03M
9% less repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 81
4% less funds holding
Funds holding: 253 → 243 (-10)
14% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 43
21% less capital invested
Capital invested by funds: $2.04B → $1.61B (-$424M)
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFCS
Pale Fire Capital SE
Prague,
Czech Republic
|
+$103M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$15.9M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$15.3M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$11.6M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$11.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
-$28.7M |
| 2 |
VanEck Associates
New York
|
-$21M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$20.5M |
| 4 |
EPIM
Equinox Partners Investment Management
Stamford,
Connecticut
|
-$9.23M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$8.64M |
BTG Hedge Fund Activity: Q4 2024 in Review
243 of the 7,607 institutional investors tracked by Wall St. Rank reported a position in B2Gold (BTG) for Q4 2024, worth a combined $1.61B — down 21% from $2.04B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of BTG and 37 opened new positions — a net loss of 6 holders — while 81 trimmed existing stakes and 74 added.
The largest buyer was Pale Fire Capital SE, adding an estimated $103M. The largest seller was First Eagle Investment Management, cutting an estimated $28.7M.
- 243 institutional investors held B2Gold (BTG) as of Q4 2024, down from 253 in Q3 2024.
- Funds reported $1.61B of B2Gold stock for Q4 2024, down 21% quarter-over-quarter.
- 37 funds opened new B2Gold positions in Q4 2024 and 43 closed out, a net change of -6 holders.
- The largest B2Gold buyer in Q4 2024 was Pale Fire Capital SE, an estimated $103M added.
- The largest B2Gold seller in Q4 2024 was First Eagle Investment Management, an estimated $28.7M sold.
Based on aggregated 13F filings for Q4 2024.