SEC Filing Summary: Form 13F-HR
Business Context and Reporting Period
This filing is a Form 13F Holdings Report submitted by ASA (Bermuda) Limited, an institutional investment manager, for the period ended December 31, 2006. The report was signed on January 25, 2007, by Robert J.A. Irwin, Chairman, President & Treasurer. The filing discloses equity holdings managed by the firm, focusing exclusively on the precious metals and mining sector.
Key Financial Metrics
The report details a portfolio of 7 equity positions with a total reported value of $180,210,000 (stated in thousands). The portfolio is concentrated in common stocks and American Depositary Receipts (ADRs) of major gold and precious metals producers. Voting authority is held solely by the manager for all reported positions.
| Issuer | Security Type | Shares/Units | Value ($000s) |
|---|---|---|---|
| Harmony Gold Mining Company Limited | Sponsored ADR | 2,166,400 | 34,121 |
| Goldcorp Inc. | Common Stock | 900,000 | 25,596 |
| Compania de Minas Buenaventura | Sponsored ADR | 900,000 | 25,254 |
| Barrick Gold Corporation | Common Stock | 925,000 | 28,398 |
| Newmont Mining Corporation | Common Stock | 520,368 | 23,495 |
| Meridian Gold Inc. | Common Stock | 800,000 | 22,232 |
| Randgold Resources Limited | ADR | 900,000 | 21,114 |
Material Changes
The filing text does not provide comparative data for the prior quarter or year; therefore, material changes in holdings versus the prior comparable period cannot be determined from this document alone.
Guidance, Outlook, and Risks
Form 13F filings are statutory disclosures of holdings and do not contain management guidance, forward-looking outlooks, or specific risk commentary regarding the underlying issuers. The filing confirms that the manager holds sole voting discretion for all listed securities. No unusual items or contingencies are disclosed in this report.
Investor Verification Checklist
- Verify the total portfolio value of $180.2 million against the manager's total assets under management to assess concentration risk.
- Confirm the specific share counts and CUSIP numbers for the 7 holdings to ensure accurate tracking of the manager's exposure to the gold sector.
- Review prior quarter 13F filings to calculate the net change in positions for each issuer, as this report does not provide historical comparison data.
- Validate that the "Sole" voting authority designation applies to all positions, indicating no shared control with other managers.