BLUE GOLD LTD BGLWW
*W EXP 04/01/203 · Equity WRT · CUSIP G1331C112
- SectorMaterials
- IndustryMetal Mining
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $0.11. Options: 2 managers hold calls ($29.8k notional), 0 hold puts (—).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q2 2025 | 25 |
| Q3 2025 | 28 |
| Q4 2025 | 23 |
| Q1 2026 | 22 |
| Q2 2026 | 24 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2025 | 11 | 10 |
| Q4 2025 | 2 | 11 |
| Q1 2026 | 3 | 4 |
| Q2 2026 | 4 | 2 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $157.0k | $0 | 0.00 |
| Q4 2025 | $144.5k | $0 | 0.00 |
| Q1 2026 | $62.0k | $0 | 0.00 |
| Q2 2026 | $29.8k | $0 | 0.00 |
Biggest buyers
| StoneX Group Inc. | Added | +84.5k |
| Virtu Financial LLC | New | +62.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | +55.8k |
| WOLVERINE ASSET MANAGEMENT LLC | New | +6.3k |
Biggest sellers
| Ionic Capital Management LLC | Sold out | -153.0k |
| FARALLON CAPITAL MANAGEMENT, L.L.C. | Reduced | -44.2k |
Biggest calls
| MILLENNIUM MANAGEMENT LLC | Unchanged | $25.0k260.0k shares |
| CITIGROUP INC | Unchanged | $4.8k50.0k shares |
Biggest puts
| None |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| Calamos Advisors LLC 0.00% of their portfolio | 1.2m $141.5k | Unchanged |
| ARISTEIA CAPITAL, L.L.C. 0.00% of their portfolio | 895.8k $86.0k | Unchanged |
| Saba Capital Management, L.P. 0.00% of their portfolio | 484.3k $46.5k | Unchanged |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.00% of their portfolio | 450.0k $43.2k | Unchanged |
| Clear Street Group Inc. 0.00% of their portfolio | 417.4k $40.1k | Unchanged |
| FARALLON CAPITAL MANAGEMENT, L.L.C. 0.00% of their portfolio | 255.8k $30.7k | Reduced -44.2k |
| Alberta Investment Management Corp 0.00% of their portfolio | 250.0k $24.0k | Unchanged |
| Davidson Kempner Capital Management LP 0.00% of their portfolio | 250.0k $24.0k | Unchanged |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 200.0k $24.0k | Unchanged |
| Blue Owl Capital Holdings LP 0.00% of their portfolio | 175.0k $21.0k | Unchanged |
| StoneX Group Inc. 0.00% of their portfolio | 127.2k $25.7k | Added +84.5k |
| TENOR CAPITAL MANAGEMENT Co., L.P. 0.00% of their portfolio | 100.0k $9.6k | Unchanged |
| LMR Partners LLP 0.00% of their portfolio | 100.0k $9.6k | Unchanged |
| Bracebridge Capital, LLC 0.00% of their portfolio | 75.0k $7.2k | Unchanged |
| MOORE CAPITAL MANAGEMENT, LP 0.00% of their portfolio | 75.0k $7.2k | Unchanged |
| Silver Rock Financial LP 0.01% of their portfolio | 69.9k $6.7k | Unchanged |
| Virtu Financial LLC 0.00% of their portfolio | 62.8k $8.0k | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 55.8k $6.7k | New |
| DUPONT CAPITAL MANAGEMENT CORP 0.28% of their portfolio | 50.0k $6.0k | Unchanged |
| TPG GP A, LLC 0.00% of their portfolio | 33.1k $3.2k | Unchanged |
| WHITEBOX ADVISORS LLC 0.00% of their portfolio | 23.2k $2.2k | Unchanged |
| MMCAP International Inc. SPC 0.00% of their portfolio | 12.5k $1.2k | Unchanged |
| CSS LLC/IL 0.00% of their portfolio | 10.8k $1.0k | Unchanged |
| WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio | 6.3k $604 | New |