13FPulse
BT

BTG B2GOLD CORP

2026Q2 · CUSIP 11777Q209 · Sector: Materials

Normal

Fund flows are within the usual range

Funds that own it
297
Institutions that reported holding it to the SEC
Net increase in holders
+2
Last quarter 295 → now 297
How unusual is that
Below average
Stronger than only 45% of US stocks
What the filings say, in one paragraph

297 funds held BTG at the end of 2026Q2, up 2 from the quarter before. Fund flows are within the usual range — nothing unusual. On the business itself, the P/E is 12.9x. BTG has had 8 buying rushes in its history, and the price moved -2.3% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Materials sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2013Q3: holders=92 2013Q4: holders=97 2014Q1: holders=95 2014Q2: holders=97 2014Q3: holders=110 2014Q4: holders=102 2015Q1: holders=106 2015Q2: holders=105 2015Q3: holders=97 2015Q4: holders=94 2016Q1: holders=91 2016Q2: holders=103 2016Q3: holders=120 2016Q4: holders=118 2017Q1: holders=118 2017Q2: holders=118 2017Q3: holders=121 2017Q4: holders=127 2018Q1: holders=129 2018Q2: holders=127 2018Q3: holders=132 2018Q4: holders=145 2019Q1: holders=150 2019Q2: holders=149 2019Q3: holders=154 2019Q4: holders=165 2020Q1: holders=163 2020Q2: holders=216 2020Q3: holders=220 2020Q4: holders=239 2021Q1: holders=240 2021Q2: holders=233 2021Q3: holders=236 2021Q4: holders=234 2022Q1: holders=208 2022Q2: holders=216 2022Q3: holders=211 2022Q4: holders=213 2023Q1: holders=227 2023Q2: holders=227 2023Q3: holders=235 2023Q4: holders=225 2024Q1: holders=252 2024Q2: holders=262 2024Q3: holders=252 2024Q4: holders=242 2025Q1: holders=254 2025Q2: holders=256 2025Q3: holders=287 2025Q4: holders=290 2026Q1: holders=295 2026Q2: holders=297 -53 -26.5 +0 +26.5 +53 81197312 13Q315Q116Q318Q119Q321Q122Q324Q125Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 8 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2025Q3 Top 10% +28.3% +17.5%
2024Q1 Top 20% -3.7% -4.8%
2023Q1 Top 20% -23.4% -23.5%
2022Q2 Top 20% +5.2% +3.3%
2020Q2 Top 5% -16.1% -31.7%
2018Q4 Top 20% -12.6% +19.3%
2016Q3 Top 10% +29.3% +0.0%
2014Q3 Top 20% -6.8% +1.7%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
130
Change in large funds
+5
Total value they hold
$3.0B
Funds buying for the first time
53
Funds that sold out entirely
51
Price change that quarter
+15.7%
Funds holding puts (bearish)
13
Funds holding calls (bullish)
14

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
12.9
EPS (TTM)
$0.42
EPS YoY
Revenue (TTM)
Revenue YoY
Net margin
ROE
Debt ratio
FCF (TTM)
Dividend (TTM)
No dividend

As of 2025-12-31 · SEC filings (XBRL)

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2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.