ASA Gold and Precious Metals
48 hedge funds and large institutions have $105M invested in ASA Gold and Precious Metals in 2013 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 10 increasing their positions, 13 reducing their positions, and 3 closing their positions.
300% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 3
23% more funds holding
Funds holding: 39 → 48 (+9)
1.82% less ownership
Funds ownership: 46.24% → 44.43% (-1.8%)
11% less capital invested
Capital invested by funds: $118M → $105M (-$13.1M)
23% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VDBMI
Van Den Berg Management I
Austin,
Texas
|
+$5.69M |
| 2 |
SCM
Summit Capital Management
Seattle,
Washington
|
+$1.98M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$1M |
| 4 |
ADBIC
A.D. Beadell Investment Counsel
Mequon,
Wisconsin
|
+$674K |
| 5 |
SG Americas Securities
New York
|
+$617K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$8.61M |
| 2 |
MWR
McAdams Wright Ragen
Seattle,
Washington
|
-$1.75M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1.62M |
| 4 |
WM
WS Management
Jacksonville,
Florida
|
-$1.45M |
| 5 |
Morgan Stanley
New York
|
-$1.41M |
ASA Hedge Fund Activity: Q4 2013 in Review
48 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in ASA Gold and Precious Metals (ASA) for Q4 2013, worth a combined $105M — down 11% from $118M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new ASA positions and 3 closed out — a net gain of 9 holders — while 10 added to existing stakes and 13 trimmed.
The largest buyer was Van Den Berg Management I, opening a new position worth an estimated $5.69M. The largest seller was City of London Investment Management, cutting an estimated $8.61M.
- 48 institutional investors held ASA Gold and Precious Metals (ASA) as of Q4 2013, up from 39 in Q3 2013.
- Funds reported $105M of ASA Gold and Precious Metals stock for Q4 2013, down 11% quarter-over-quarter.
- 12 funds opened new ASA Gold and Precious Metals positions in Q4 2013 and 3 closed out, a net change of +9 holders.
- The largest ASA Gold and Precious Metals buyer in Q4 2013 was Van Den Berg Management I, an estimated $5.69M added.
- The largest ASA Gold and Precious Metals seller in Q4 2013 was City of London Investment Management, an estimated $8.61M sold.
Based on aggregated 13F filings for Q4 2013.