ASA Gold and Precious Metals
44 hedge funds and large institutions have $115M invested in ASA Gold and Precious Metals in 2014 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 17 reducing their positions, and 6 closing their positions.
5% more capital invested
Capital invested by funds: $110M → $115M (+$5.16M)
1.83% less ownership
Funds ownership: 42.41% → 40.57% (-1.8%)
6% less funds holding
Funds holding: 47 → 44 (-3)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
71% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.79M |
| 2 |
B
Baird
Milwaukee,
Wisconsin
|
+$229K |
| 3 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$75K |
| 4 |
MWR
McAdams Wright Ragen
Seattle,
Washington
|
+$27.6K |
| 5 |
WM
WS Management
Jacksonville,
Florida
|
+$17.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$4.22M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.09M |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$397K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$312K |
| 5 |
Bank of New York Mellon
New York
|
-$201K |
ASA Hedge Fund Activity: Q2 2014 in Review
44 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in ASA Gold and Precious Metals (ASA) for Q2 2014, worth a combined $115M — up 4.7% from $110M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of ASA and 3 opened new positions — a net loss of 3 holders — while 17 trimmed existing stakes and 5 added.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $1.79M. The largest seller was Lazard Asset Management, cutting an estimated $4.22M.
- 44 institutional investors held ASA Gold and Precious Metals (ASA) as of Q2 2014, down from 47 in Q1 2014.
- Funds reported $115M of ASA Gold and Precious Metals stock for Q2 2014, up 4.7% quarter-over-quarter.
- 3 funds opened new ASA Gold and Precious Metals positions in Q2 2014 and 6 closed out, a net change of -3 holders.
- The largest ASA Gold and Precious Metals buyer in Q2 2014 was Wolverine Asset Management, an estimated $1.79M added.
- The largest ASA Gold and Precious Metals seller in Q2 2014 was Lazard Asset Management, an estimated $4.22M sold.
Based on aggregated 13F filings for Q2 2014.