ASA Gold and Precious Metals
52 hedge funds and large institutions have $165M invested in ASA Gold and Precious Metals in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 22 reducing their positions, and 13 closing their positions.
6,525% more call options, than puts
Call options by funds: $530K | Put options by funds: $8K
14% more capital invested
Capital invested by funds: $145M → $165M (+$20.5M)
0.98% more ownership
Funds ownership: 52.39% → 53.36% (+0.98%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
19% less funds holding
Funds holding: 64 → 52 (-12)
68% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 22
77% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$6.78M |
| 2 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
+$3.01M |
| 3 |
Morgan Stanley
New York
|
+$1.37M |
| 4 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$1.12M |
| 5 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
+$595K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Almitas Capital
Santa Monica,
California
|
-$2.33M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.87M |
| 3 |
Lazard Asset Management
New York
|
-$1.76M |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$1.12M |
| 5 |
QC
Quantedge Capital
Singapore
|
-$510K |
ASA Hedge Fund Activity: Q1 2023 in Review
52 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in ASA Gold and Precious Metals (ASA) for Q1 2023, worth a combined $165M — up 14% from $145M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of ASA and 3 opened new positions — a net loss of 10 holders — while 22 trimmed existing stakes and 7 added.
The largest buyer was Saba Capital Management, adding an estimated $6.78M. The largest seller was Almitas Capital, exiting entirely with an estimated $2.33M sold.
- 52 institutional investors held ASA Gold and Precious Metals (ASA) as of Q1 2023, down from 64 in Q4 2022.
- Funds reported $165M of ASA Gold and Precious Metals stock for Q1 2023, up 14% quarter-over-quarter.
- 3 funds opened new ASA Gold and Precious Metals positions in Q1 2023 and 13 closed out, a net change of -10 holders.
- The largest ASA Gold and Precious Metals buyer in Q1 2023 was Saba Capital Management, an estimated $6.78M added.
- The largest ASA Gold and Precious Metals seller in Q1 2023 was Almitas Capital, an estimated $2.33M sold.
Based on aggregated 13F filings for Q1 2023.