ASA Gold and Precious Metals
46 hedge funds and large institutions have $80.4M invested in ASA Gold and Precious Metals in 2016 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 4 increasing their positions, 21 reducing their positions, and 9 closing their positions.
38% more capital invested
Capital invested by funds: $58.1M → $80.4M (+$22.3M)
2.21% less ownership
Funds ownership: 41.94% → 39.73% (-2.2%)
6% less funds holding
Funds holding: 49 → 46 (-3)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
81% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
+$3.63M |
| 2 |
CL
CSS LLC
Chicago,
Illinois
|
+$347K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$233K |
| 4 |
BFM
Boothbay Fund Management
New York
|
+$224K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$144K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$3.3M |
| 2 |
RA
Royce & Associates
New York
|
-$2.09M |
| 3 |
SG Americas Securities
New York
|
-$513K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$399K |
| 5 |
HFS
HL Financial Services
Louisville,
Kentucky
|
-$223K |
ASA Hedge Fund Activity: Q1 2016 in Review
46 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in ASA Gold and Precious Metals (ASA) for Q1 2016, worth a combined $80.4M — up 38% from $58.1M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of ASA and 6 opened new positions — a net loss of 3 holders — while 21 trimmed existing stakes and 4 added.
The largest buyer was Matisse Capital, opening a new position worth an estimated $3.63M. The largest seller was City of London Investment Management, exiting entirely with an estimated $3.3M sold.
- 46 institutional investors held ASA Gold and Precious Metals (ASA) as of Q1 2016, down from 49 in Q4 2015.
- Funds reported $80.4M of ASA Gold and Precious Metals stock for Q1 2016, up 38% quarter-over-quarter.
- 6 funds opened new ASA Gold and Precious Metals positions in Q1 2016 and 9 closed out, a net change of -3 holders.
- The largest ASA Gold and Precious Metals buyer in Q1 2016 was Matisse Capital, an estimated $3.63M added.
- The largest ASA Gold and Precious Metals seller in Q1 2016 was City of London Investment Management, an estimated $3.3M sold.
Based on aggregated 13F filings for Q1 2016.