Ray Dalio's BTG Position Overview
Ray Dalio (via Bridgewater Associates, Lp) currently holds 64,773 shares of B2Gold Corp. (BTG) worth $292,028, representing 0.00% of the portfolio. First purchased in 2016-Q2, this long-term strategic position has been held for 32 quarters.
Based on 13F filings, Ray Dalio has maintained a strategic position in BTG, demonstrating sustained confidence in this investment. Largest addition occurred in Q2 2023, adding 284,149 shares. Largest reduction occurred in Q2 2017, reducing 699,650 shares.
Analysis based on 13F filings available since 2013 Q2
Ray Dalio's B2Gold (BTG) Holding Value Over Time
Track share changes against reported price movement
Quarterly B2Gold (BTG) Trades by Ray Dalio
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +18,509 | Add 40.01% | 64,773 | $4.51 |
| Q3 2025 | -26,175 | Reduce 36.13% | 46,264 | $4.94 |
| Q2 2025 | +4,150 | Add 6.08% | 72,439 | $3.61 |
| Q1 2025 | +68,289 | New Buy | 68,289 | $2.84 |
| Q4 2023 | -299,241 | Sold Out | 0 | $0.00 |
| Q3 2023 | -138,921 | Reduce 31.71% | 299,241 | $2.88 |
| Q2 2023 | +284,149 | Add 184.50% | 438,162 | $3.57 |
| Q1 2023 | +154,013 | New Buy | 154,013 | $3.95 |
| Q2 2022 | -349,514 | Sold Out | 0 | $0.00 |
| Q1 2022 | +202,796 | Add 138.22% | 349,514 | $4.59 |
| Q4 2021 | -51,609 | Reduce 26.02% | 146,718 | $3.94 |
| Q3 2021 | -31,267 | Reduce 13.62% | 198,327 | $3.42 |
| Q2 2021 | -26,691 | Reduce 10.41% | 229,594 | $4.20 |
| Q1 2021 | +85,000 | Add 49.62% | 256,285 | $4.30 |
| Q4 2020 | +171,285 | New Buy | 171,285 | $5.60 |
| Q2 2020 | -105,023 | Sold Out | 0 | $0.00 |
| Q1 2020 | -82,129 | Reduce 43.88% | 105,023 | $2.99 |
| Q4 2019 | +16,207 | Add 9.48% | 187,152 | $4.02 |
| Q3 2019 | +20,223 | Add 13.42% | 170,945 | $3.25 |
| Q2 2019 | -9,391 | Reduce 5.87% | 150,722 | $3.05 |
| Q1 2019 | -7,515 | Reduce 4.48% | 160,113 | $2.80 |
| Q4 2018 | +8,741 | Add 5.50% | 167,628 | $2.92 |
| Q3 2018 | -24,322 | Reduce 13.28% | 158,887 | $2.27 |
| Q2 2018 | +19,561 | Add 11.95% | 183,209 | $2.59 |
| Q1 2018 | -14,518 | Reduce 8.15% | 163,648 | $2.74 |
| Q4 2017 | -9,022 | Reduce 4.82% | 178,166 | $3.10 |
| Q3 2017 | -59,424 | Reduce 24.10% | 187,188 | $2.75 |
| Q2 2017 | -699,650 | Reduce 73.94% | 246,612 | $2.81 |
| Q1 2017 | -44,043 | Reduce 4.45% | 946,262 | $2.84 |
| Q4 2016 | +117,805 | Add 13.50% | 990,305 | $2.37 |
| Q3 2016 | +199,300 | Add 29.60% | 872,500 | $2.62 |
| Q2 2016 | +673,200 | New Buy | 673,200 | $2.50 |
Ray Dalio's B2Gold Investment FAQs
Ray Dalio first purchased B2Gold Corp. (BTG) in Q2 2016, acquiring 673,200 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Ray Dalio has held B2Gold Corp. (BTG) for 32 quarters since Q2 2016.
Ray Dalio's largest addition to B2Gold Corp. (BTG) was in Q2 2016, adding 673,200 shares worth $1.68 M.
According to the latest 13F filing for Q4 2025, Ray Dalio's firm, Bridgewater Associates, Lp, owns 64,773 shares of B2Gold Corp. (BTG), valued at approximately $292,028.
As of the Q4 2025 filing, B2Gold Corp. (BTG) represents approximately 0.00% of Ray Dalio's publicly disclosed stock portfolio, making it one of their key holdings.
Ray Dalio's peak holding in B2Gold Corp. (BTG) was 990,305 shares, as reported at the end of Q4 2016.