Americas Gold and Silver
USAS
60 hedge funds and large institutions have $160M invested in Americas Gold and Silver in 2025 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 22 increasing their positions, 12 reducing their positions, and 11 closing their positions.
103% more capital invested
Capital invested by funds: $78.7M → $160M (+$81M)
83% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 12
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
4.69% more ownership
Funds ownership: 24.87% → 29.57% (+4.7%)
3% more funds holding
Funds holding: 58 → 60 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global ETFs Holdings
Causeway Bay,
Hong Kong
|
+$8.47M |
| 2 |
AA
ALPS Advisors
Denver,
Colorado
|
+$1.66M |
| 3 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
+$1.29M |
| 4 |
Two Sigma Investments
New York
|
+$819K |
| 5 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
+$711K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$1.12M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$1.03M |
| 3 |
ACI
Alpha Cubed Investments
Irvine,
California
|
-$385K |
| 4 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
-$341K |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$314K |
USAS Hedge Fund Activity: Q2 2025 in Review
60 of the 7,614 institutional investors tracked by Wall St. Rank reported a position in Americas Gold and Silver (USAS) for Q2 2025, worth a combined $160M — up 103% from $78.7M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new USAS positions and 11 closed out — a net gain of 2 holders — while 22 added to existing stakes and 12 trimmed.
The largest buyer was Mirae Asset Global ETFs Holdings, opening a new position worth an estimated $8.47M. The largest seller was Millennium Management, cutting an estimated $1.12M.
- 60 institutional investors held Americas Gold and Silver (USAS) as of Q2 2025, up from 58 in Q1 2025.
- Funds reported $160M of Americas Gold and Silver stock for Q2 2025, up 103% quarter-over-quarter.
- 13 funds opened new Americas Gold and Silver positions in Q2 2025 and 11 closed out, a net change of +2 holders.
- The largest Americas Gold and Silver buyer in Q2 2025 was Mirae Asset Global ETFs Holdings, an estimated $8.47M added.
- The largest Americas Gold and Silver seller in Q2 2025 was Millennium Management, an estimated $1.12M sold.
Based on aggregated 13F filings for Q2 2025.