SEC Form 13F Information Table Summary
Business Context and Reporting Period
Company: ASA Gold & Precious Metals Ltd
Filing Type: Form 13F Information Table
Reporting Period: December 31, 2016
Context: This filing discloses the equity securities held by the investment manager as of the end of the fourth quarter of 2016. The portfolio is heavily concentrated in the gold and precious metals mining sector.
Key Financial Metrics and Portfolio Composition
The filing details holdings in 18 issuers, all within the mining and precious metals industry. The table provides the number of shares, value (in thousands), and voting authority for each position.
| Issuer | Shares Held | Value ($000s) | Voting Authority |
|---|---|---|---|
| Agnico Eagle Mines Ltd | 450,000 | 18,900 | Sole |
| Alamos Gold Inc | 600,000 | 4,134 | Sole |
| Asanko Gold Inc | 1,425,000 | 4,369 | Sole |
| B2Gold Corp | 1,594,338 | 3,784 | Sole |
| Barrick Gold Corp | 1,175,000 | 18,777 | Sole |
| Compania De Minas Buenaventura | 699,000 | 7,885 | Sole |
| Eldorado Gold Corp | 650,000 | 2,093 | Sole |
| Franco Nevada Corp | 160,000 | 9,558 | Sole |
| Goldcorp Inc | 932,400 | 12,681 | Sole |
| Kinross Gold Corp | 800,000 | 2,488 | Sole |
| MAG Silver Corp | 275,000 | 3,024 | Sole |
| New Gold Inc | 500,000 | 1,750 | Sole |
| Newmont Mining Corp | 645,368 | 21,988 | Sole |
| Randgold Resources Ltd | 269,100 | 20,543 | Sole |
| Royal Gold Inc | 190,000 | 12,037 | Sole |
| Stillwater Mining Co | 375,000 | 6,041 | Sole |
| Tahoe Resources Inc | 708,200 | 6,666 | Sole |
Note: The filing does not provide aggregate portfolio value, revenue, profit, cash flow, debt, or liquidity metrics for ASA Gold & Precious Metals Ltd itself, as Form 13F reports holdings, not the manager's financial performance.
Material Changes and Guidance
Material Changes: This filing is a snapshot of holdings as of December 31, 2016. It does not contain comparative data against the prior period (September 30, 2016) to determine material changes in position size or composition.
Guidance and Outlook: The filing text does not provide management commentary, future guidance, risk factors, or contingencies. Form 13F is a regulatory disclosure of holdings and does not include forward-looking statements.
Key Facts for Investor Verification
- Concentration Risk: The portfolio is exclusively invested in gold and precious metals mining companies, exposing the fund to sector-specific volatility.
- Top Holdings by Value: Newmont Mining Corp ($21,988k), Randgold Resources Ltd ($20,543k), Agnico Eagle Mines Ltd ($18,900k), and Barrick Gold Corp ($18,777k) represent the largest positions.
- Voting Control: The manager exercises "Sole" voting authority for all listed positions, indicating full control over voting decisions for these shares.
- Data Limitations: Investors should note that this document does not disclose the total assets under management, cash positions, or leverage of ASA Gold & Precious Metals Ltd.