§ METALS & MINING
USD · Metals & MiningBTG
B2GOLD CORP
USDSector · Metals & MiningBeta · 2.47
§ 01 · PRICE
Price action
1D5D1M6MYTD1YMAX
§ 03 · SIGNAL STACK · WHAT THE INPUTS SAY
13F FLOW
165 increased/new, 94 decreased/exited (13F)
AC 13F Analysis
§ 04 · FUNDAMENTALS · THE BOOKS
| P/E | 16.3 | P/B | 1.68 |
| EPS (TTM) | 0.27 | Dividend | 3.22% |
§ 05 · WHO OWNS IT
Top institutional holders
| Fund | Shares | % port | Δ Q/Q |
|---|---|---|---|
| Pale Fire Capital SE | 69.7M | 27.8% | +77% |
| TWO SIGMA INVESTMENTS, LP | 43.1M | 0.2% | +79% |
| VANGUARD CAPITAL MANAGEMENT LLC | 37.0M | n/a | n/a |
| AMERICAN CENTURY COMPANIES INC | 35.0M | 0.1% | +2% |
| Dimensional Fund Advisors | 33.5M | 0.0% | +4% |
| DE Shaw | 28.2M | 0.1% | −22% |
◇ AC INTELLIGENCE
Top institutional owners for BTG as of the most recent 13F reporting period (Q1 2026 · Period ended Mar 31). Δ Q/Q reflects share-count change vs. the prior filing — positive green means adding, negative red means trimming. Cross-reference with the ownership-mix bars below to see which strategy cohort is driving the flow.
§ 06 · WHO OWNS IT · BY STRATEGY
OTHER90.9% · 0 holders
OTHER5.3% · 216 holders
QUALITY / COMPOUNDER1.2% · 20 holders
DEALER / BANK1.2% · 25 holders
TACTICAL / MACRO0.4% · 5 holders
ACTIVIST0.3% · 1 holder
DEEP VALUE0.2% · 2 holders
SYSTEMATIC / QUANT0.2% · 13 holders
PASSIVE / INDEX0.2% · 9 holders
INCOME / DEFENSIVE0.0% · 10 holders
◇ AC INTELLIGENCE
Ownership mix by behavioral cohort. Top bars indicate which style of capital dominates the float — passive indexing, quality compounders, dealer/bank, systematic quant, etc. Big quality-compounder share means concentrated active conviction; heavy passive share means flows are dictated by index rebalances, not fundamentals.
§ 07 · INSIDER ACTIVITY · LAST 180 DAYS
NO INSIDER FILINGS
◇ AC INTELLIGENCE
No Form 4 filings on record for BTG in the last 180 days.
§ 08 · COVERAGE · OUR RECENT NOTES
No notes mention BTG yet.