ASA Gold and Precious Metals
ASA
39 hedge funds and large institutions have $118M invested in ASA Gold and Precious Metals in 2013 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 8 reducing their positions, and 5 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 8
0% more funds holding
Funds holding: 39 → 39 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
3% less capital invested
Capital invested by funds: $121M → $118M (-$3.1M)
3.07% less ownership
Funds ownership: 49.51% → 46.44% (-3.1%)
88% less call options, than puts
Call options by funds: $65K | Put options by funds: $558K
Top Buyers
| 1 |
Lazard Asset Management
New York
|
+$1.53M |
| 2 |
PG
PEAK6 Group
Chicago,
Illinois
|
+$760K |
| 3 |
MWR
McAdams Wright Ragen
Seattle,
Washington
|
+$759K |
| 4 |
RA
Royce & Associates
New York
|
+$720K |
| 5 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
+$588K |
Top Sellers
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$8.03M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$2.06M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1.39M |
| 4 |
JP Morgan Chase
New York
|
-$1.29M |
| 5 |
U
UBS
Zurich,
Switzerland
|
-$148K |
ASA Hedge Fund Activity: Q3 2013 in Review
39 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in ASA Gold and Precious Metals (ASA) for Q3 2013, worth a combined $118M — down 2.5% from $121M a quarter earlier.
Fund positioning in ASA was balanced in Q3 2013: 5 funds opened new positions, 5 closed out, 12 added to existing stakes and 8 trimmed.
The largest buyer was Lazard Asset Management, adding an estimated $1.53M. The largest seller was City of London Investment Management, cutting an estimated $8.03M.
- 39 institutional investors held ASA Gold and Precious Metals (ASA) as of Q3 2013, unchanged from Q2 2013.
- Funds reported $118M of ASA Gold and Precious Metals stock for Q3 2013, down 2.5% quarter-over-quarter.
- 5 funds opened new ASA Gold and Precious Metals positions in Q3 2013 and 5 closed out, a net change of 0 holders.
- The largest ASA Gold and Precious Metals buyer in Q3 2013 was Lazard Asset Management, an estimated $1.53M added.
- The largest ASA Gold and Precious Metals seller in Q3 2013 was City of London Investment Management, an estimated $8.03M sold.
Based on aggregated 13F filings for Q3 2013.