Americas Gold and Silver
USAS
78 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, 27 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
42% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 19
30% more funds holding
Funds holding: 60 → 78 (+18)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.51% less ownership
Funds ownership: 29.57% → 29.06% (-0.51%)
2% less capital inflows, than outflows
Capital inflows: $40.2M | Capital outflows: $41M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Montrusco Bolton Investments
Montreal,
Quebec, Canada
|
+$6.97M |
| 2 |
Mirae Asset Global ETFs Holdings
Causeway Bay,
Hong Kong
|
+$5.48M |
| 3 |
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 |
NewGen Asset Management
Toronto,
Ontario, Canada
|
-$9.29M |
| 2 |
NELSF
NewGen Equity Long/Short Fund
Grand Cayman,
Cayman Islands
|
-$9.29M |
| 3 |
Merk Investments
Menlo Park,
California
|
-$7.27M |
| 4 |
Tidal Investments
Milwaukee,
Wisconsin
|
-$4.5M |
| 5 |
Sprott Inc
Toronto,
Ontario, Canada
|
-$2.35M |
USAS Hedge Fund Activity: Q3 2025 in Review
78 of the 7,656 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 27 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.
- 78 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.