Americas Gold and Silver
USAS
77 hedge funds and large institutions have $296M invested in Americas Gold and Silver in 2025 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 26 increasing their positions, 19 reducing their positions, and 9 closing their positions.
200% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 9
85% more capital invested
Capital invested by funds: $160M → $296M (+$136M)
37% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 19
28% more funds holding
Funds holding: 60 → 77 (+17)
17.23% more ownership
Funds ownership: 11.83% → 29.05% (+17%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MBI
Montrusco Bolton Investments
Montreal,
Quebec, Canada
|
+$6.97M |
| 2 |
Mirae Asset Global ETFs Holdings
Causeway Bay,
Hong Kong
|
+$5.48M |
| 3 |
AA
ALPS Advisors
Denver,
Colorado
|
+$5.05M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$3.14M |
| 5 |
Millennium Management
New York
|
+$2.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NAM
NewGen Asset Management
Toronto,
Ontario, Canada
|
-$9.29M |
| 2 |
NELSF
NewGen Equity Long/Short Fund
Grand Cayman,
Cayman Islands
|
-$9.29M |
| 3 |
MI
Merk Investments
Menlo Park,
California
|
-$7.27M |
| 4 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
-$4.5M |
| 5 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
-$2.35M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PA
76
Parallel Advisors
San Francisco,
California
| $193 | – | – | – |
|
|
DB
77
Danske Bank
Copenhagen K,
Denmark
| $11 | +$8 | +3 | New |
|
|
TI
78
Tidal Investments
Milwaukee,
Wisconsin
| – | -$4.5M | -2,228,310 | Closed |
|
79
DZ Bank
Frankfurt Am Main,
Germany
| – | -$256K | -127,297 | Closed |
|
80
Marshall Wace
London,
United Kingdom
| – | -$169K | -83,440 | Closed |
|
|
TSS
81
Two Sigma Securities
New York
| – | -$123K | -60,947 | Closed |
|
82
American Century Companies
Kansas City,
Missouri
| – | -$116K | -57,536 | Closed |
|
|
SRL
83
Scientech Research LLC
Jersey City,
New Jersey
| – | -$13.2K | -6,542 | Closed |
|
|
FA
84
FSA Advisors
Troy,
Michigan
| – | -$8.28K | -4,101 | Closed |
|
|
BIG
85
Builder Investment Group
Atlanta,
Georgia
| – | -$8.08K | -4,000 | Closed |
|
86
Raymond James Financial
St Petersburg,
Florida
| – | -$3.85K | -1,905 | Closed |
|
USAS Hedge Fund Activity: Q3 2025 in Review
77 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in Americas Gold and Silver (USAS) for Q3 2025, worth a combined $296M — up 85% from $160M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new USAS positions and 9 closed out — a net gain of 18 holders — while 26 added to existing stakes and 19 trimmed.
The largest buyer was Montrusco Bolton Investments, opening a new position worth an estimated $6.97M. The largest seller was NewGen Asset Management, cutting an estimated $9.29M.
- 77 institutional investors held Americas Gold and Silver (USAS) as of Q3 2025, up from 60 in Q2 2025.
- Funds reported $296M of Americas Gold and Silver stock for Q3 2025, up 85% quarter-over-quarter.
- 27 funds opened new Americas Gold and Silver positions in Q3 2025 and 9 closed out, a net change of +18 holders.
- The largest Americas Gold and Silver buyer in Q3 2025 was Montrusco Bolton Investments, an estimated $6.97M added.
- The largest Americas Gold and Silver seller in Q3 2025 was NewGen Asset Management, an estimated $9.29M sold.
Based on aggregated 13F filings for Q3 2025.