ASA Gold and Precious Metals
57 hedge funds and large institutions have $147M invested in ASA Gold and Precious Metals in 2020 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 23 reducing their positions, and 11 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
12% more capital invested
Capital invested by funds: $132M → $147M (+$16M)
2.99% less ownership
Funds ownership: 38.91% → 35.92% (-3%)
10% less funds holding
Funds holding: 63 → 57 (-6)
45% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 11
69% less call options, than puts
Call options by funds: $177K | Put options by funds: $568K
70% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ADBIC
A.D. Beadell Investment Counsel
Mequon,
Wisconsin
|
+$2.87M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$789K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$422K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$262K |
| 5 |
KP
Keel Point
Huntsville,
Alabama
|
+$242K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.8M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$1.86M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$1.67M |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$1.49M |
| 5 |
BFM
Boothbay Fund Management
New York
|
-$785K |
ASA Hedge Fund Activity: Q3 2020 in Review
57 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in ASA Gold and Precious Metals (ASA) for Q3 2020, worth a combined $147M — up 12% from $132M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of ASA and 6 opened new positions — a net loss of 5 holders — while 23 trimmed existing stakes and 7 added.
The largest buyer was A.D. Beadell Investment Counsel, adding an estimated $2.87M. The largest seller was Morgan Stanley, cutting an estimated $5.8M.
- 57 institutional investors held ASA Gold and Precious Metals (ASA) as of Q3 2020, down from 63 in Q2 2020.
- Funds reported $147M of ASA Gold and Precious Metals stock for Q3 2020, up 12% quarter-over-quarter.
- 6 funds opened new ASA Gold and Precious Metals positions in Q3 2020 and 11 closed out, a net change of -5 holders.
- The largest ASA Gold and Precious Metals buyer in Q3 2020 was A.D. Beadell Investment Counsel, an estimated $2.87M added.
- The largest ASA Gold and Precious Metals seller in Q3 2020 was Morgan Stanley, an estimated $5.8M sold.
Based on aggregated 13F filings for Q3 2020.