SEC Form 13F Summary: ASA Gold & Precious Metals Ltd
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 September 30, 2015. The form discloses the investment manager's holdings of U.S. equity securities. The filing indicates that the manager exercises sole voting authority over all reported positions.
Key Financial Metrics and Portfolio Composition
The filing does not provide the company's own revenue, profit, cash flow, or debt metrics. Instead, it details the value and quantity of securities held by the investment manager. The portfolio is heavily concentrated in the mining and precious metals sector.
| Issuer | Security Type | Value ($000s) | Shares/Units |
|---|---|---|---|
| Agnico Eagle Mines Ltd | Common Stock | 12,136 | 479,300 |
| Goldcorp Inc | Common Stock | 11,674 | 932,400 |
| Newmont Mining Corp | Common Stock | 11,175 | 695,368 |
| Randgold Resources Ltd | ADR | 19,033 | 322,100 |
| Barrick Gold Corp | Common Stock | 8,745 | 1,375,000 |
| Royal Gold Inc | Common Stock | 8,691 | 185,000 |
| Compania de Minas Buenaventura | Sponsored ADR | 4,762 | 799,000 |
| ETFS Palladium Trust | Shares of Beneficial Interest | 4,407 | 70,000 |
| Freeport-McMoRan Inc | Class B | 3,052 | 315,000 |
| Alamos Gold Inc | Common Stock | 2,134 | 575,000 |
| Eldorado Gold Corp | Common Stock | 2,093 | 650,000 |
| ETFS Platinum Trust | Shares of Beneficial Interest | 1,977 | 22,500 |
| Kinross Gold Corp | Common Stock | 1,720 | 1,000,000 |
| B2Gold Corp | Common Stock | 1,689 | 1,594,338 |
| Stillwater Mining Co | Common Stock | 1,550 | 150,000 |
| New Gold Inc | Common Stock | 1,362 | 600,000 |
| Asanko Gold Inc | Common Stock | 1,150 | 784,900 |
| Franco Nevada Corp | Common Stock | 993 | 225,000 |
| Tahoe Resources Inc | Common Stock | 548 | 708,200 |
| Primero Mining Corp | Common Stock | 466 | 200,000 |
| Dominion Diamond Corp | Common Stock | 534 | 50,000 |
Material Changes and Outlook
Material Changes: This filing is a snapshot of holdings as of September 30, 2015. The text does not provide comparative data from the prior quarter (June 30, 2015) to determine material changes in position size or value.
Guidance and Risks: The filing contains no management commentary, financial guidance, or specific risk disclosures regarding the underlying companies. It strictly reports ownership data.
Unusual Items: The portfolio includes exposure to precious metals via ETFs (Palladium and Platinum Trusts) alongside direct equity stakes in major gold producers and royalty/streaming companies (Franco Nevada, Royal Gold).
Key Facts for Investor Verification
- Concentration Risk: The top four holdings (Randgold, Agnico Eagle, Goldcorp, Newmont) represent a significant portion of the reported portfolio value.
- Sector Exposure: The portfolio is almost exclusively focused on the mining and precious metals sector, with no diversification into other industries.
- Voting Rights: The manager holds sole voting authority for all listed securities, indicating direct control over these positions.
- Valuation Context: Values are reported in thousands of dollars; investors should verify current market prices to assess the current value of these positions relative to the 2015 reporting date.