ASA Gold and Precious Metals
ASA
63 hedge funds and large institutions have $74.4M invested in ASA Gold and Precious Metals in 2020 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 17 increasing their positions, 12 reducing their positions, and 10 closing their positions.
42% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 12
40% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 10
2% more funds holding
Funds holding: 62 → 63 (+1)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.69% less ownership
Funds ownership: 38.12% → 37.43% (-0.69%)
15% less call options, than puts
Call options by funds: $129K | Put options by funds: $151K
26% less capital invested
Capital invested by funds: $101M → $74.4M (-$26.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$4.29M |
| 2 |
Morgan Stanley
New York
|
+$1.42M |
| 3 |
BFM
Boothbay Fund Management
New York
|
+$1.37M |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$1.37M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$676K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$4.76M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$2M |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
-$1.81M |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
-$1.55M |
| 5 |
AC
Almitas Capital
Santa Monica,
California
|
-$1.23M |
ASA Hedge Fund Activity: Q1 2020 in Review
63 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in ASA Gold and Precious Metals (ASA) for Q1 2020, worth a combined $74.4M — down 26% from $101M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new ASA positions and 10 closed out — a net gain of 4 holders — while 17 added to existing stakes and 12 trimmed.
The largest buyer was City of London Investment Management, adding an estimated $4.29M. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $4.76M sold.
- 63 institutional investors held ASA Gold and Precious Metals (ASA) as of Q1 2020, up from 62 in Q4 2019.
- Funds reported $74.4M of ASA Gold and Precious Metals stock for Q1 2020, down 26% quarter-over-quarter.
- 14 funds opened new ASA Gold and Precious Metals positions in Q1 2020 and 10 closed out, a net change of +4 holders.
- The largest ASA Gold and Precious Metals buyer in Q1 2020 was City of London Investment Management, an estimated $4.29M added.
- The largest ASA Gold and Precious Metals seller in Q1 2020 was Wolverine Asset Management, an estimated $4.76M sold.
Based on aggregated 13F filings for Q1 2020.