ASA Gold and Precious Metals
47 hedge funds and large institutions have $64M invested in ASA Gold and Precious Metals in 2016 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 14 increasing their positions, 9 reducing their positions, and 7 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 9
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
4% more funds holding
Funds holding: 45 → 47 (+2)
2.61% more ownership
Funds ownership: 27.45% → 30.06% (+2.6%)
18% less capital invested
Capital invested by funds: $78.3M → $64M (-$14.3M)
35% less call options, than puts
Call options by funds: $140K | Put options by funds: $216K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$3.15M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$1.3M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$475K |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
+$398K |
| 5 |
Lazard Asset Management
New York
|
+$349K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$387K |
| 2 |
ICM
Ionic Capital Management
New York
|
-$385K |
| 3 |
PG
PEAK6 Group
Chicago,
Illinois
|
-$226K |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$222K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$72.9K |
ASA Hedge Fund Activity: Q4 2016 in Review
47 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in ASA Gold and Precious Metals (ASA) for Q4 2016, worth a combined $64M — down 18% from $78.3M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new ASA positions and 7 closed out — a net gain of 2 holders — while 14 added to existing stakes and 9 trimmed.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $3.15M. The largest seller was Cambridge Investment Research Advisors, exiting entirely with an estimated $387K sold.
- 47 institutional investors held ASA Gold and Precious Metals (ASA) as of Q4 2016, up from 45 in Q3 2016.
- Funds reported $64M of ASA Gold and Precious Metals stock for Q4 2016, down 18% quarter-over-quarter.
- 9 funds opened new ASA Gold and Precious Metals positions in Q4 2016 and 7 closed out, a net change of +2 holders.
- The largest ASA Gold and Precious Metals buyer in Q4 2016 was Wolverine Asset Management, an estimated $3.15M added.
- The largest ASA Gold and Precious Metals seller in Q4 2016 was Cambridge Investment Research Advisors, an estimated $387K sold.
Based on aggregated 13F filings for Q4 2016.