Business Context and Reporting Period
This Form 13F-HR is a quarterly holdings report filed by ASA (Bermuda) Limited, an institutional investment manager, for the period ended June 30, 2006. The report discloses the manager's equity holdings in U.S. securities as of the reporting date.
Key Financial Metrics
The filing details the aggregate value of reported holdings rather than the financial performance of the manager itself.
- Total Portfolio Value: $174,100 (in thousands)
- Total Number of Holdings: 7
- Primary Sector: Gold and precious metals mining
- Largest Holding by Value: Harmony Gold Mining Company Limited ($35,291 thousand)
- Largest Holding by Shares: Harmony Gold Mining Company Limited (2,166,400 shares)
Material Changes and Portfolio Composition
The filing lists specific equity positions held as of June 30, 2006. All reported positions are held with sole voting authority. The portfolio is concentrated in the following issuers:
- Barrick Gold Corporation
- Compania de Minas Buenaventura
- Goldcorp Inc.
- Harmony Gold Mining Company Limited
- Meridian Gold Inc.
- Newmont Mining Corporation
- Randgold Resources Limited
Note: As this is a snapshot of holdings, the filing does not provide data on material changes compared to the prior quarter.
Guidance, Outlook, and Risks
The filing text does not provide management commentary, future guidance, risk factors, or contingencies. Form 13F reports are strictly regulatory disclosures of current holdings and do not contain forward-looking statements or operational analysis.
Key Facts for Investor Verification
- Verify the total reported value of $174.1 million against the sum of individual position values.
- Confirm that all 7 holdings are concentrated in the gold mining sector.
- Note that the reporting manager, ASA (Bermuda) Limited, holds sole voting authority for all listed positions.
- Check the specific share counts for Harmony Gold (2,166,400) and Compania de Minas Buenaventura (900,000) as they represent significant portions of the portfolio.