ASA Gold and Precious Metals
ASA
63 hedge funds and large institutions have $384M invested in ASA Gold and Precious Metals in 2025 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 13 increasing their positions, 21 reducing their positions, and 5 closing their positions.
120% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 5
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
11% more funds holding
Funds holding: 57 → 63 (+6)
7% more capital invested
Capital invested by funds: $359M → $384M (+$24.7M)
1.26% more ownership
Funds ownership: 61.73% → 62.99% (+1.3%)
38% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Verition Fund Management
Greenwich,
Connecticut
|
+$5.61M |
| 2 |
MC
Medici Capital
Newport Beach,
California
|
+$5.07M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$4.57M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.17M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.91M |
| 2 |
Lazard Asset Management
New York
|
-$3.64M |
| 3 |
EAM
Everstar Asset Management
Mooresville,
North Carolina
|
-$862K |
| 4 |
MTC
Matrix Trust Company
Denver,
Colorado
|
-$483K |
| 5 |
Ohio Public Employees Retirement System (OPERS)
Columbus,
Ohio
|
-$432K |
ASA Hedge Fund Activity: Q2 2025 in Review
63 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in ASA Gold and Precious Metals (ASA) for Q2 2025, worth a combined $384M — up 6.9% from $359M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new ASA positions and 5 closed out — a net gain of 6 holders — while 13 added to existing stakes and 21 trimmed.
The largest buyer was Verition Fund Management, adding an estimated $5.61M. The largest seller was Morgan Stanley, cutting an estimated $4.91M.
- 63 institutional investors held ASA Gold and Precious Metals (ASA) as of Q2 2025, up from 57 in Q1 2025.
- Funds reported $384M of ASA Gold and Precious Metals stock for Q2 2025, up 6.9% quarter-over-quarter.
- 11 funds opened new ASA Gold and Precious Metals positions in Q2 2025 and 5 closed out, a net change of +6 holders.
- The largest ASA Gold and Precious Metals buyer in Q2 2025 was Verition Fund Management, an estimated $5.61M added.
- The largest ASA Gold and Precious Metals seller in Q2 2025 was Morgan Stanley, an estimated $4.91M sold.
Based on aggregated 13F filings for Q2 2025.