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 September 30, 2013. The form discloses the investment manager's holdings of equity securities as required by the Securities and Exchange Commission.
Key Financial Metrics and Portfolio Composition
The filing details a portfolio heavily concentrated in the precious metals and mining sectors. The total value of reported holdings is approximately $153,545,000 (sum of Column 4 values). The portfolio consists of 18 distinct issuers, primarily common stocks and American Depositary Receipts (ADRs).
| Issuer | Class | Shares/Units | Value ($000s) | Voting Authority |
|---|---|---|---|---|
| Barrick Gold Corp | COM | 1,300,000 | 24,206 | Sole |
| Golcorp Inc. | COM | 982,400 | 25,552 | Sole |
| Randgold Res Ltd | ADR | 419,700 | 30,021 | Sole |
| Tahoe Resources Inc. | COM | 873,200 | 15,704 | Sole |
| Freeport-McMoRan Copper & Gold | COM | 550,000 | 18,194 | Sole |
| Agnico-Eagle Mines Ltd | COM | 429,300 | 11,364 | Sole |
| Compania de Minas Buenaventura | SPONSORED ADR | 909,000 | 10,644 | Sole |
| Franco-Nevada Corp. | COM | 225,000 | 10,199 | Sole |
| Royal Gold Inc. | COM | 210,000 | 10,219 | Sole |
| Other Holdings (9 issuers) | Mixed | Various | 7,442 | Sole |
Note: The filing does not provide data on revenue, profit, cash flow, operating margins, debt, or liquidity for ASA Gold & Precious Metals Ltd, as Form 13F is a disclosure of holdings, not an operational financial statement.
Material Changes and Unusual Items
The filing text does not provide comparative data against the prior quarter (June 30, 2013) to determine material changes in position size or composition. No unusual items, contingencies, or management commentary are included in this specific form type.
Investor Verification Checklist
- Portfolio Concentration: Verify the exposure to the top three holdings (Randgold, Golcorp, Barrick), which represent a significant portion of the reported value.
- Valuation Accuracy: Confirm the reported market values align with the closing prices of the respective securities on September 30, 2013.
- Voting Rights: Note that the manager exercises "Sole" voting authority for all reported positions, indicating full control over these assets.
- Asset Class: Confirm the absence of derivatives (puts/calls) or other non-equity instruments in this specific table, as all entries are listed as "SH" (Shares).