Americas Gold and Silver
USAS
58 hedge funds and large institutions have $78.7M invested in Americas Gold and Silver in 2025 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 18 increasing their positions, 11 reducing their positions, and 6 closing their positions.
3,137% more capital inflows, than outflows
Capital inflows: $59.2M | Capital outflows: $1.83M
167% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 6
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
64% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 11
21% more funds holding
Funds holding: 48 → 58 (+10)
12.2% more ownership
Funds ownership: 12.67% → 24.87% (+12%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Merk Investments
Menlo Park,
California
|
+$34.8M |
| 2 |
NewGen Asset Management
Toronto,
Ontario, Canada
|
+$13.2M |
| 3 |
Intact Investment Management
Montreal,
Quebec, Canada
|
+$2.68M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$1.75M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$1.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tidal Investments
Milwaukee,
Wisconsin
|
-$1.17M |
| 2 |
U.S. Global Investors (USGI)
San Antonio,
Texas
|
-$305K |
| 3 |
Anson Funds Management
Dallas,
Texas
|
-$193K |
| 4 |
WA
WealthTrust Axiom
Wayne,
Pennsylvania
|
-$88.3K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$18.9K |
USAS Hedge Fund Activity: Q1 2025 in Review
58 of the 7,481 institutional investors tracked by Wall St. Rank reported a position in Americas Gold and Silver (USAS) for Q1 2025, worth a combined $78.7M — up 489% from $13.4M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new USAS positions and 6 closed out — a net gain of 10 holders — while 18 added to existing stakes and 11 trimmed.
The largest buyer was Merk Investments, adding an estimated $34.8M. The largest seller was Tidal Investments, cutting an estimated $1.17M.
- 58 institutional investors held Americas Gold and Silver (USAS) as of Q1 2025, up from 48 in Q4 2024.
- Funds reported $78.7M of Americas Gold and Silver stock for Q1 2025, up 489% quarter-over-quarter.
- 16 funds opened new Americas Gold and Silver positions in Q1 2025 and 6 closed out, a net change of +10 holders.
- The largest Americas Gold and Silver buyer in Q1 2025 was Merk Investments, an estimated $34.8M added.
- The largest Americas Gold and Silver seller in Q1 2025 was Tidal Investments, an estimated $1.17M sold.
Based on aggregated 13F filings for Q1 2025.