ASA Gold and Precious Metals
50 hedge funds and large institutions have $49.7M invested in ASA Gold and Precious Metals in 2014 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
22% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 9
14% more funds holding
Funds holding: 44 → 50 (+6)
18.74% less ownership
Funds ownership: 40.57% → 21.84% (-19%)
57% less capital invested
Capital invested by funds: $115M → $49.7M (-$65M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $4K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.88M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.44M |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$1.2M |
| 4 |
B
Baird
Milwaukee,
Wisconsin
|
+$977K |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$547K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$58M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.11M |
| 3 |
VDBMI
Van Den Berg Management I
Austin,
Texas
|
-$978K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$308K |
| 5 |
RA
Royce & Associates
New York
|
-$70K |
ASA Hedge Fund Activity: Q3 2014 in Review
50 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in ASA Gold and Precious Metals (ASA) for Q3 2014, worth a combined $49.7M — down 57% from $115M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new ASA positions and 3 closed out — a net gain of 6 holders — while 11 added to existing stakes and 9 trimmed.
The largest buyer was City of London Investment Management, opening a new position worth an estimated $1.88M. The largest seller was Lazard Asset Management, exiting entirely with an estimated $58M sold.
- 50 institutional investors held ASA Gold and Precious Metals (ASA) as of Q3 2014, up from 44 in Q2 2014.
- Funds reported $49.7M of ASA Gold and Precious Metals stock for Q3 2014, down 57% quarter-over-quarter.
- 9 funds opened new ASA Gold and Precious Metals positions in Q3 2014 and 3 closed out, a net change of +6 holders.
- The largest ASA Gold and Precious Metals buyer in Q3 2014 was City of London Investment Management, an estimated $1.88M added.
- The largest ASA Gold and Precious Metals seller in Q3 2014 was Lazard Asset Management, an estimated $58M sold.
Based on aggregated 13F filings for Q3 2014.