SEC Form 13F Information Table Summary
Business Context and Reporting Period
This filing is a Form 13F Information Table submitted by ASA Gold & Precious Metals Ltd for the reporting period ending March 31, 2016. The form discloses the company's holdings of U.S. equity securities as of the end of the quarter.
Key Financial Metrics and Holdings
The filing details a portfolio concentrated in the mining and precious metals sectors. The total value of reported holdings is approximately $127.8 million (sum of Column 4 values). The portfolio consists of 22 distinct positions, primarily common stocks and American Depositary Receipts (ADRs) of mining companies, as well as two exchange-traded funds (ETFs) tracking palladium and platinum.
| Issuer | Shares Held | Value ($000s) | Voting Authority |
|---|---|---|---|
| Agnico Eagle Mines Ltd | 539,300 | 19,501 | Sole |
| Barrick Gold Corp | 1,375,000 | 18,673 | Sole |
| Newmont Mining Corp | 695,368 | 18,483 | Sole |
| Randgold Resources Ltd | 287,100 | 26,072 | Sole |
| Goldcorp Inc | 932,400 | 15,133 | Sole |
| Franco Nevada Corp | 175,000 | 10,734 | Sole |
| Royal Gold Inc | 210,000 | 10,771 | Sole |
| Tahoe Resources Inc | 708,200 | 7,091 | Sole |
| Compania De Minas Buenaventura | 699,000 | 5,145 | Sole |
| Alamos Gold Inc | 600,000 | 3,174 | Sole |
| B2Gold Corp | 1,594,338 | 2,648 | Sole |
| MAG Silver Corp | 275,000 | 2,593 | Sole |
| Asanko Gold Inc | 975,000 | 2,069 | Sole |
| Eldorado Gold Corp | 650,000 | 2,054 | Sole |
| ETFS Palladium Trust | 70,000 | 3,800 | Sole |
| ETFS Platinum Trust | 22,500 | 2,116 | Sole |
| Kinross Gold Corp | 1,000,000 | 3,400 | Sole |
| New Gold Inc | 600,000 | 2,238 | Sole |
| Stillwater Mining Co | 150,000 | 1,598 | Sole |
| Dominion Diamond Corp | 50,000 | 555 | Sole |
| Primero Mining Corp | 200,000 | 362 | Sole |
Material Changes and Guidance
Material Changes: This filing is a snapshot of holdings as of March 31, 2016. It does not contain comparative data against the prior quarter (December 31, 2015) or year-over-year changes. Therefore, material changes in position size or value cannot be determined from this document alone.
Guidance and Outlook: Form 13F filings are regulatory disclosures of holdings and do not contain management commentary, financial guidance, risk factors, or outlook statements. No such information is present in this text.
Investor Verification Checklist
- Portfolio Concentration: Verify the exposure to the gold and precious metals sector, which constitutes the entirety of the reported holdings.
- Top Holdings: Confirm the valuation of the top four positions (Randgold, Agnico Eagle, Barrick, Newmont), which represent a significant portion of the total portfolio value.
- Voting Rights: Note that the manager holds "Sole" voting authority for all listed securities, indicating full control over voting decisions for these assets.
- Derivatives: Confirm the absence of put or call options in the reported portfolio; all holdings are listed as common stock or beneficial interests.