Cardinal Point Capital Management ULC BTG B2GOLD CORP

Ownership history in Cardinal Point Capital Management ULC  ·  5 quarters on record

AI Ownership Summary

Cardinal Point Capital Management ULC reported B2GOLD CORP (BTG) in 5 quarterly 13F filings from 2025 Q1 through 2026 Q1. Peak portfolio weight reached 0.04% in 2025 Q3. The latest visible filing shows BTG at 0.03% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings.

What this BTG ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was Cardinal Point Capital Management ULC's position in B2GOLD CORP, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2026 Q1

BTG was reported at 0.03% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
0.04% in 2025 Q3

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2025 Q1 to 2026 Q1

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

How Cardinal Point Capital Management ULC held BTG — position size vs. price
% of Fund (quarterly)    BTG price (quarter-end, indexed to 100)    SPY (indexed to 100)    QQQ (indexed to 100)
📋 Quarterly Holdings History 5 quarters  
Quarter Action Sold % After 3M Timing Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2026 Q1 REDUCED 112,250 -7,200 -6.0% 0.03% $509K 2026-04-20 $4.94
2025 Q4 REDUCED 5.2% +0.9% 119,450 -6,600 -5.2% 0.04% $539K 2026-02-05 $4.70
2025 Q3 REDUCED 6.3% -8.3% 126,050 -8,500 -6.3% 0.04% $623K 2025-11-06 $3.79
2025 Q2 REDUCED 18.5% +37.2% 134,550 -30,500 -18.5% 0.04% $485K 2025-07-31 $3.36
2025 Q1 INITIATED 165,050 0.04% $470K 2025-05-08 $2.99

FAQ About Cardinal Point Capital Management ULC and BTG

These are the practical questions this page is built to answer before you even open the full history table.

How long has Cardinal Point Capital Management ULC reported owning BTG?

Cardinal Point Capital Management ULC reported BTG across 5 quarterly 13F filings, from 2025 Q1 through 2026 Q1.

What was the largest reported BTG position in Cardinal Point Capital Management ULC's portfolio?

The largest reported portfolio weight for BTG was 0.04% in 2025 Q3.

What is the latest reported BTG position on this page?

The most recent filing on this page is 2026 Q1, when Cardinal Point Capital Management ULC reported 112,250 shares, equal to 0.03% of portfolio, with an estimated market value of $509K.

What does the chart on this BTG ownership page compare?

The chart compares Cardinal Point Capital Management ULC's quarterly BTG portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

How well did Cardinal Point Capital Management ULC time their BTG position?

Based on 13F filing dates vs. subsequent BTG price moves, Cardinal Point Capital Management ULC correctly timed 1 out of 4 reported position changes (25%). The annualised alpha on BTG relative to SPY over the holding period was +32.1%.

← Back to Cardinal Point Capital Management ULC Holdings