ASA Gold and Precious Metals
50 hedge funds and large institutions have $162M invested in ASA Gold and Precious Metals in 2023 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 19 reducing their positions, and 8 closing their positions.
234% more call options, than puts
Call options by funds: $157K | Put options by funds: $47K
12% more capital invested
Capital invested by funds: $144M → $162M (+$17.3M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.49% less ownership
Funds ownership: 56.1% → 55.61% (-0.49%)
4% less funds holding
Funds holding: 52 → 50 (-2)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
47% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$20.8M |
| 2 |
Goldman Sachs
New York
|
+$6.23M |
| 3 |
AC
Almitas Capital
Santa Monica,
California
|
+$3.83M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$231K |
| 5 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$206K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$14.9M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$13.3M |
| 3 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
-$1.2M |
| 4 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$970K |
| 5 |
PGFC
Peapack-Gladstone Financial Corp
Bedminster,
New Jersey
|
-$571K |
ASA Hedge Fund Activity: Q4 2023 in Review
50 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in ASA Gold and Precious Metals (ASA) for Q4 2023, worth a combined $162M — up 12% from $144M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of ASA and 6 opened new positions — a net loss of 2 holders — while 19 trimmed existing stakes and 10 added.
The largest buyer was Saba Capital Management, adding an estimated $20.8M. The largest seller was City of London Investment Management, cutting an estimated $14.9M.
- 50 institutional investors held ASA Gold and Precious Metals (ASA) as of Q4 2023, down from 52 in Q3 2023.
- Funds reported $162M of ASA Gold and Precious Metals stock for Q4 2023, up 12% quarter-over-quarter.
- 6 funds opened new ASA Gold and Precious Metals positions in Q4 2023 and 8 closed out, a net change of -2 holders.
- The largest ASA Gold and Precious Metals buyer in Q4 2023 was Saba Capital Management, an estimated $20.8M added.
- The largest ASA Gold and Precious Metals seller in Q4 2023 was City of London Investment Management, an estimated $14.9M sold.
Based on aggregated 13F filings for Q4 2023.