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 December 31, 2013. The form discloses the investment manager's holdings of equity securities as required by the Securities and Exchange Commission.
Key Financial Metrics and Holdings
The filing details a portfolio concentrated in the precious metals and mining sectors. The total value of reported holdings is approximately $130.5 million (sum of Column 4 values). The portfolio consists of 18 distinct issuers, primarily common stocks and American Depositary Receipts (ADRs).
| Issuer | Shares Held | Value ($000s) | Voting Authority |
|---|---|---|---|
| Barrick Gold Corp | 1,400,000 | 24,682 | Sole |
| Randgold Res Ltd (ADR) | 397,200 | 24,948 | Sole |
| Golcorp Inc. | 982,400 | 21,289 | Sole |
| Freeport-McMoRan Copper & Gold | 550,000 | 20,757 | Sole |
| Agnico Eagle Mines Ltd | 429,300 | 11,325 | Sole |
| Tahoe Resources Inc. | 833,200 | 13,859 | Sole |
| Royal Gold Inc. | 210,000 | 9,675 | Sole |
| Compania de Minas Buenaventura (ADR) | 849,000 | 9,526 | Sole |
| Franco-Nevada Corp. | 225,000 | 9,169 | Sole |
| B2 Gold Corp | 994,338 | 2,041 | Sole |
| Eldorado Gold Corp. | 650,000 | 3,698 | Sole |
| ETFS Palladium Trust | 70,000 | 4,887 | Sole |
| Newmont Mining Corp | 620,368 | 14,287 | Sole |
| Kinross Gold Corp | 1,000,000 | 4,380 | Sole |
| New Gold Inc. | 600,000 | 3,144 | Sole |
| Novacopper Inc. | 205,861 | 312 | Sole |
| ETFS Platinum Trust | 22,500 | 3,013 | Sole |
Note: The filing does not provide data on revenue, profit, cash flow, margins, debt, or liquidity for ASA Gold & Precious Metals Ltd, as Form 13F is a disclosure of holdings, not a financial performance report.
Material Changes and Outlook
The filing text does not provide comparative data against the prior period, nor does it contain management commentary, guidance, outlook, or risk factors. It strictly lists the securities held as of the reporting date.
Investor Verification Checklist
- Portfolio Concentration: Verify the exposure to specific mining jurisdictions and commodity price sensitivity (Gold, Copper, Palladium, Platinum).
- Top Holdings: Confirm the valuation of the top three positions (Randgold, Barrick, Goldcorp) which represent a significant portion of the reported value.
- Voting Rights: Note that the manager exercises "Sole" voting authority for all listed positions.
- Asset Class: Confirm the inclusion of commodity ETFs (Palladium and Platinum Trusts) alongside direct equity mining stocks.