ASA Gold and Precious Metals
55 hedge funds and large institutions have $119M invested in ASA Gold and Precious Metals in 2022 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 13 reducing their positions, and 10 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 13
1.29% more ownership
Funds ownership: 48.15% → 49.43% (+1.3%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
10% less funds holding
Funds holding: 61 → 55 (-6)
12% less capital invested
Capital invested by funds: $136M → $119M (-$16.8M)
60% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$5.25M |
| 2 |
BFM
Boothbay Fund Management
New York
|
+$671K |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$671K |
| 4 |
TPWM
Twelve Points Wealth Management
Concord,
Massachusetts
|
+$603K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$367K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ADBIC
A.D. Beadell Investment Counsel
Mequon,
Wisconsin
|
-$1.21M |
| 2 |
Lazard Asset Management
New York
|
-$738K |
| 3 |
ICM
Ionic Capital Management
New York
|
-$683K |
| 4 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
-$529K |
| 5 |
CANY
Caxton Associates (New York)
New York
|
-$328K |
ASA Hedge Fund Activity: Q3 2022 in Review
55 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in ASA Gold and Precious Metals (ASA) for Q3 2022, worth a combined $119M — down 12% from $136M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of ASA and 4 opened new positions — a net loss of 6 holders — while 13 trimmed existing stakes and 15 added.
The largest buyer was City of London Investment Management, adding an estimated $5.25M. The largest seller was A.D. Beadell Investment Counsel, cutting an estimated $1.21M.
- 55 institutional investors held ASA Gold and Precious Metals (ASA) as of Q3 2022, down from 61 in Q2 2022.
- Funds reported $119M of ASA Gold and Precious Metals stock for Q3 2022, down 12% quarter-over-quarter.
- 4 funds opened new ASA Gold and Precious Metals positions in Q3 2022 and 10 closed out, a net change of -6 holders.
- The largest ASA Gold and Precious Metals buyer in Q3 2022 was City of London Investment Management, an estimated $5.25M added.
- The largest ASA Gold and Precious Metals seller in Q3 2022 was A.D. Beadell Investment Counsel, an estimated $1.21M sold.
Based on aggregated 13F filings for Q3 2022.