ASA Gold and Precious Metals
52 hedge funds and large institutions have $144M invested in ASA Gold and Precious Metals in 2023 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 14 reducing their positions, and 5 closing their positions.
251% more call options, than puts
Call options by funds: $235K | Put options by funds: $67K
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
2% more funds holding
Funds holding: 51 → 52 (+1)
1.37% more ownership
Funds ownership: 54.73% → 56.1% (+1.4%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
7% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 14
8% less capital invested
Capital invested by funds: $157M → $144M (-$12.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$9.8M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.01M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$601K |
| 4 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
+$558K |
| 5 |
TPWM
Twelve Points Wealth Management
Concord,
Massachusetts
|
+$334K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$4.52M |
| 2 |
Morgan Stanley
New York
|
-$1.9M |
| 3 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
-$1.12M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$657K |
| 5 |
PGFC
Peapack-Gladstone Financial Corp
Bedminster,
New Jersey
|
-$207K |
ASA Hedge Fund Activity: Q3 2023 in Review
52 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in ASA Gold and Precious Metals (ASA) for Q3 2023, worth a combined $144M — down 8.2% from $157M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new ASA positions and 5 closed out — a net gain of 1 holder — while 13 added to existing stakes and 14 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $9.8M. The largest seller was City of London Investment Management, cutting an estimated $4.52M.
- 52 institutional investors held ASA Gold and Precious Metals (ASA) as of Q3 2023, up from 51 in Q2 2023.
- Funds reported $144M of ASA Gold and Precious Metals stock for Q3 2023, down 8.2% quarter-over-quarter.
- 6 funds opened new ASA Gold and Precious Metals positions in Q3 2023 and 5 closed out, a net change of +1 holder.
- The largest ASA Gold and Precious Metals buyer in Q3 2023 was Saba Capital Management, an estimated $9.8M added.
- The largest ASA Gold and Precious Metals seller in Q3 2023 was City of London Investment Management, an estimated $4.52M sold.
Based on aggregated 13F filings for Q3 2023.