Blue Gold Limited Class A Ordinary Shares

BGL • NASDAQ

Blue Gold Limited Class A Ordinary Shares is a publicly traded company on NASDAQ, with a market cap of $96.2M. As of Q3 2025, 2% of shares are held by 12 institutional investors, with VAN ECK ASSOCIATES CORP as the largest holder at 1.48%.

Market Cap$96.2M

Websitebluegoldmines.com

Overview

Overview of institutional ownership in BGL as of Q3 2025 with a market cap of $283.5M

All Institutions

Institutions: 12
Value Held: $5.5M
Shares Held: 589.2K
Avg Position: $455.6K
Median Position: $110.8K

Hedge Funds

Hedge Funds: 1
Value Held: $106.8K
Shares Held: 11.5K
Avg Position: $106.8K
Median Position: $106.8K

Ownership Breakdown

Institutional (non-HF)

1.89%

$5.4M

Hedge Funds

0.038%

$106.8K

Retail & Other

98.07%

$278.0M

Based on market cap of $283.5M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in BGL as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VAN ECK ASSOCIATES CORP ETF Provider	Jan Frederick Vaneck CEO	$4.2M 0.00% of portfolio	1.48% 452.8K shares	Q3 2025 Held for 2 months	$96.6B
Q Qube Research & Technologies Ltd Institution	-	$303.0K 0.00% of portfolio	0.11% 32.7K shares	Q3 2025 Held for 2 months	$70.6B
Marshall Wace LLP Institution	Diana Lj Harrison President	$260.7K 0.00% of portfolio	0.09% 28.1K shares	Q3 2025 Held for 2 months	$90.3B
UBS Group AG Institution	Sergio P. Ermotti CEO	$191.4K 0.00% of portfolio	0.07% 20.6K shares	Q3 2025 Held for 2 months	$511.54B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$167.0K 0.00% of portfolio	0.06% 18.0K shares	Q3 2025 Held for 2 months	$1.57T
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$114.9K 0.00% of portfolio	0.04% 12.4K shares	Q3 2025 Held for 2 months	$1.65T
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	Dan Michael Berkovitz Chairman	$106.8K 0.00% of portfolio	0.04% 11.5K shares	Q3 2025 Held for 2 months	$121.98B
R Rathbone Brothers plc RIA/Wealth	Robert Paul Stockton CEO	$106.7K 0.00% of portfolio	0.04% 11.5K shares	Q3 2025 Held for 2 months	$24.6B
S SBI Securities Co., Ltd. Institution	-	$9.9K 0.00% of portfolio	0.00% 1.1K shares	Q3 2025 Held for 2 months	$3.9B
A Advisor Group Holdings, Inc. Institution	-	$5.7K 0.00% of portfolio	0.00% 600.0 shares	Q2 2025 Held for 5 months	$71.0B

Net Capital Flow

Institutional buying and selling activity for BGL in Q3 2025

Traded: +$1.5M
Buyers: 12
Sellers: 1
Total Bought: +$5.5M
Total Sold: −$3.9M
Avg Position: $364.5K

Biggest Buyers

Institution	Net Bought	Current Position
VAN ECK ASSOCIATES CORP ETF Provider	+$4.2M +452.8K shares	$4.2M 452.8K shares
Q Qube Research & Technologies Ltd Institution	+$303.0K +32.7K shares	$303.0K 32.7K shares
Marshall Wace LLP Institution	+$260.7K +28.1K shares	$260.7K 28.1K shares
UBS Group AG Institution	+$191.4K +20.6K shares	$191.4K 20.6K shares
GEODE CAPITAL MANAGEMENT LLC ETF Provider	+$167.0K +18.0K shares	$167.0K 18.0K shares
MORGAN STANLEY RIA/Wealth	+$114.9K +12.4K shares	$114.9K 12.4K shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$106.8K +11.5K shares	$106.8K 11.5K shares
R Rathbone Brothers plc RIA/Wealth	+$106.7K +11.5K shares	$106.7K 11.5K shares
S SBI Securities Co., Ltd. Institution	+$9.9K +1.1K shares	$9.9K 1.1K shares
A Advisor Group Holdings, Inc. Institution	+$4.7K +500.0 shares	$5.7K 600.0 shares

Biggest Sellers

Institution	Net Sold	Current Position
Cable Car Capital LLC Hedge Fund•Long/Short	−$3.9M −95.0K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited BGL in Q3 2025

New Positions: 13
New Value: $5.5M
Exited Positions: 1
Exited Value: $3.9M

New Positions

Institution	Position Value
VAN ECK ASSOCIATES CORP ETF Provider	$4.2M 452.8K shares
Q Qube Research & Technologies Ltd Institution	$303.0K 32.7K shares
Marshall Wace LLP Institution	$260.7K 28.1K shares
UBS Group AG Institution	$191.4K 20.6K shares
GEODE CAPITAL MANAGEMENT LLC ETF Provider	$167.0K 18.0K shares
MORGAN STANLEY RIA/Wealth	$114.9K 12.4K shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$106.8K 11.5K shares
R Rathbone Brothers plc RIA/Wealth	$106.7K 11.5K shares
S SBI Securities Co., Ltd. Institution	$9.9K 1.1K shares
H HighMark Wealth Management LLC RIA/Wealth	$278.0 30.0 shares

Exited Positions

Institution	Previous Position
Cable Car Capital LLC Hedge Fund•Long/Short	$3.9M 95.0K shares

Options Activity

Institutions with the largest Call and Put options positions in BGL as of Q3 2025

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with BGL as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
VAN ECK ASSOCIATES CORP ETF Provider	Jan Frederick Vaneck CEO	0.00% $4.2M	1.48% 452.8K shares	Q3 2025 Held for 2 months	$96.6B
R Rathbone Brothers plc RIA/Wealth	Robert Paul Stockton CEO	0.00% $106.7K	0.04% 11.5K shares	Q3 2025 Held for 2 months	$24.6B
Q Qube Research & Technologies Ltd Institution	-	0.00% $303.0K	0.11% 32.7K shares	Q3 2025 Held for 2 months	$70.6B
Marshall Wace LLP Institution	Diana Lj Harrison President	0.00% $260.7K	0.09% 28.1K shares	Q3 2025 Held for 2 months	$90.3B
S SBI Securities Co., Ltd. Institution	-	0.00% $9.9K	0.00% 1.1K shares	Q3 2025 Held for 2 months	$3.9B
H HighMark Wealth Management LLC RIA/Wealth	Todd Edward Arens Managing Partner	0.00% $278.0	0.00% 30.0 shares	Q3 2025 Held for 2 months	$227.1M
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	Dan Michael Berkovitz Chairman	0.00% $106.8K	0.04% 11.5K shares	Q3 2025 Held for 2 months	$121.98B
UBS Group AG Institution	Sergio P. Ermotti CEO	0.00% $191.4K	0.07% 20.6K shares	Q3 2025 Held for 2 months	$511.54B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	0.00% $167.0K	0.06% 18.0K shares	Q3 2025 Held for 2 months	$1.57T
A Advisor Group Holdings, Inc. Institution	-	0.00% $5.7K	0.00% 600.0 shares	Q2 2025 Held for 5 months	$71.0B