250 hedge funds and large institutions have $2.77B invested in B2Gold in 2025 Q2 according to their latest regulatory filings, with 41 funds opening new positions, 90 increasing their positions, 73 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed
Holders
250
Holders Change
-1
Holders Change %
-0.4%
% of All Funds
3.35%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.04%
New
41
Increased
90
Reduced
73
Closed
38
Calls
$26.7M
Puts
$26.5M
Net Calls
+$212K
Net Calls Change
-$569K
Name Holding Trade Value Shares
Change
Shares
Change %
VanEck Associates
1
VanEck Associates
New York
$474M -$66.9M -18,524,763 -12%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$290M +$5.26M +1,455,319 +2%
PFCS
3
Pale Fire Capital SE
Czech Republic
$237M +$3.33M +922,500 +1%
Vanguard Group
4
Vanguard Group
Pennsylvania
$194M -$1.72M -474,782 -0.9%
Arrowstreet Capital
5
Arrowstreet Capital
Massachusetts
$124M +$67.5M +18,703,995 +120%
American Century Companies
6
American Century Companies
Missouri
$107M +$11.6M +3,206,141 +12%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$107M +$14.5M +4,005,758 +16%
Two Sigma Investments
8
Two Sigma Investments
New York
$102M +$15.4M +4,275,035 +18%
Citadel Advisors
9
Citadel Advisors
Florida
$101M +$90.2M +24,998,568 +869%
Two Sigma Advisers
10
Two Sigma Advisers
New York
$87M +$6.52M +1,804,800 +8%
Norges Bank
11
Norges Bank
Norway
$60.5M +$60.5M +16,738,764 New
First Eagle Investment Management
12
First Eagle Investment Management
New York
$46.5M +$52K +14,389 +0.1%
Millennium Management
13
Millennium Management
New York
$42.1M +$37.6M +10,412,955 +828%
Goldman Sachs
14
Goldman Sachs
New York
$39.7M +$10.2M +2,826,233 +35%
Franklin Resources
15
Franklin Resources
California
$37.6M +$885K +244,780 +2%
Bank of Montreal
16
Bank of Montreal
Ontario, Canada
$35.8M -$1.52M -419,135 -4%
Connor, Clark & Lunn Investment Management (CC&L)
17
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$35.3M +$8.18M +2,261,281 +30%
Invesco
18
Invesco
Georgia
$33.3M -$38.1M -10,558,319 -53%
Morgan Stanley
19
Morgan Stanley
New York
$32.1M +$8.35M +2,313,214 +35%
Deutsche Bank
20
Deutsche Bank
Germany
$27.1M -$2.92M -809,062 -10%
NL
21
Nuveen LLC
North Carolina
$25.5M -$6.16M -1,707,949 -19%
National Bank of Canada
22
National Bank of Canada
Quebec, Canada
$25.4M +$7.19M +2,000,319 +39%
EPAM
23
Euro Pacific Asset Management
Puerto Rico
$25.1M +$4.06M +1,124,681 +19%
Manulife (Manufacturers Life Insurance)
24
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$24.6M -$381K -105,882 -2%
Bank of America
25
Bank of America
North Carolina
$24.1M +$975K +270,073 +4%