Business Context and Reporting Period
This Form 13F-HR filing is submitted by ASA (Bermuda) Limited, an institutional investment manager, for the quarter ended March 31, 2006. The report discloses equity holdings managed by the firm as of the reporting date.
Key Financial Metrics
The filing reports a total portfolio value of $160,344,000 across 7 distinct equity positions. The portfolio is heavily concentrated in the precious metals and mining sector.
| Issuer | Shares Held | Value ($000s) | Voting Authority |
|---|---|---|---|
| Harmony Gold Mining Company Limited (ADR) | 2,166,400 | 34,402 | Sole |
| Newmont Mining Corporation | 520,368 | 27,002 | Sole |
| Goldcorp Incorporated | 900,000 | 26,325 | Sole |
| Compania de Minas Buenaventura (ADR) | 900,000 | 22,221 | Sole |
| Barrick Gold Corporation | 730,000 | 19,885 | Sole |
| Meridian Gold Incorporated | 600,000 | 17,790 | Sole |
| Randgold Resources Limited (ADR) | 700,000 | 12,719 | Sole |
Material Changes
The filing text does not provide comparative data for the prior quarter or year; therefore, material changes in holdings or portfolio value cannot be determined from this document alone.
Guidance, Outlook, and Risks
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 filing.
Investor Verification Checklist
- Verify the current market price of the top three holdings (Harmony Gold, Newmont Mining, Goldcorp) to assess current portfolio valuation.
- Confirm whether the "Sole" voting authority status for all positions remains unchanged in subsequent filings.
- Check subsequent 13F filings to determine if the manager has altered its concentration in the precious metals sector.
- Validate the share counts against the issuer's public cap tables to ensure accuracy of the reported positions.