ASA Gold and Precious Metals
51 hedge funds and large institutions have $157M invested in ASA Gold and Precious Metals in 2023 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 17 reducing their positions, and 7 closing their positions.
153% more call options, than puts
Call options by funds: $172K | Put options by funds: $68K
1.36% more ownership
Funds ownership: 53.36% → 54.73% (+1.4%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5% less capital invested
Capital invested by funds: $165M → $157M (-$7.85M)
2% less funds holding
Funds holding: 52 → 51 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
53% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$7.5M |
| 2 |
AI
Acuitas Investments
Seattle,
Washington
|
+$1.52M |
| 3 |
TPWM
Twelve Points Wealth Management
Concord,
Massachusetts
|
+$520K |
| 4 |
Lazard Asset Management
New York
|
+$185K |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$81.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$1.96M |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$852K |
| 3 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
-$619K |
| 4 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
-$476K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$462K |
ASA Hedge Fund Activity: Q2 2023 in Review
51 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in ASA Gold and Precious Metals (ASA) for Q2 2023, worth a combined $157M — down 4.8% from $165M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of ASA and 6 opened new positions — a net loss of 1 holder — while 17 trimmed existing stakes and 8 added.
The largest buyer was Saba Capital Management, adding an estimated $7.5M. The largest seller was City of London Investment Management, cutting an estimated $1.96M.
- 51 institutional investors held ASA Gold and Precious Metals (ASA) as of Q2 2023, down from 52 in Q1 2023.
- Funds reported $157M of ASA Gold and Precious Metals stock for Q2 2023, down 4.8% quarter-over-quarter.
- 6 funds opened new ASA Gold and Precious Metals positions in Q2 2023 and 7 closed out, a net change of -1 holder.
- The largest ASA Gold and Precious Metals buyer in Q2 2023 was Saba Capital Management, an estimated $7.5M added.
- The largest ASA Gold and Precious Metals seller in Q2 2023 was City of London Investment Management, an estimated $1.96M sold.
Based on aggregated 13F filings for Q2 2023.