ASA Gold and Precious Metals
ASA
47 hedge funds and large institutions have $110M invested in ASA Gold and Precious Metals in 2014 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 13 reducing their positions, and 8 closing their positions.
2.02% less ownership
Funds ownership: 44.43% → 42.41% (-2%)
2% less funds holding
Funds holding: 48 → 47 (-1)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
23% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 13
72% less capital inflows, than outflows
Capital inflows: $2.01M | Capital outflows: $7.16M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$405K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$319K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$300K |
| 4 |
Veritable
Wilmington,
Delaware
|
+$296K |
| 5 |
ADBIC
A.D. Beadell Investment Counsel
Mequon,
Wisconsin
|
+$244K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
City of London Investment Management
London,
United Kingdom
|
-$2.88M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.66M |
| 3 |
UBS
Zurich,
Switzerland
|
-$672K |
| 4 |
SG Americas Securities
New York
|
-$587K |
| 5 |
LCM
Lucas Capital Management
Red Bank,
New Jersey
|
-$294K |
ASA Hedge Fund Activity: Q1 2014 in Review
47 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in ASA Gold and Precious Metals (ASA) for Q1 2014, worth a combined $110M — up 4% from $105M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of ASA and 7 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 10 added.
The largest buyer was TFS Capital, opening a new position worth an estimated $405K. The largest seller was City of London Investment Management, exiting entirely with an estimated $2.88M sold.
- 47 institutional investors held ASA Gold and Precious Metals (ASA) as of Q1 2014, down from 48 in Q4 2013.
- Funds reported $110M of ASA Gold and Precious Metals stock for Q1 2014, up 4% quarter-over-quarter.
- 7 funds opened new ASA Gold and Precious Metals positions in Q1 2014 and 8 closed out, a net change of -1 holder.
- The largest ASA Gold and Precious Metals buyer in Q1 2014 was TFS Capital, an estimated $405K added.
- The largest ASA Gold and Precious Metals seller in Q1 2014 was City of London Investment Management, an estimated $2.88M sold.
Based on aggregated 13F filings for Q1 2014.