SEC Filing Summary: ASA Gold & Precious Metals Ltd (Form 13F-HR)
Business Context and Reporting Period
This Form 13F-HR is a quarterly holdings report filed by ASA Gold & Precious Metals Ltd, an institutional investment manager. The report covers the period ended September 30, 2011, and was signed by Rodney D. Yee (COO, CFO & Treasurer) on October 7, 2011. The filing represents the complete holdings of the reporting manager.
Key Financial Metrics
As a Form 13F filing, this document reports equity holdings rather than the operating financials of the manager itself. Key portfolio metrics include:
- Total Portfolio Value: $334,658,000 (reported as $334,658 in thousands).
- Number of Holdings: 13 distinct equity positions.
- Investment Discretion: Sole discretion for all reported positions.
- Top Holdings by Value:
- Barrick Gold Corp: $58,313,000
- Randgold Resources Ltd (ADR): $57,519,000
- Goldcorp Inc.: $49,401,000
- Agnico-Eagle Mines Ltd: $31,248,000
- Newmont Mining Corp: $32,731,000
Note: Revenue, profit, cash flow, margins, debt, and liquidity metrics for ASA Gold & Precious Metals Ltd are not provided in this filing type.
Material Changes
The filing text does not provide comparative data against the prior quarter (June 30, 2011) or year-over-year figures. Consequently, material changes in holdings, value, or strategy cannot be determined from this document alone.
Guidance, Outlook, and Risks
Form 13F filings are statutory reports of holdings and do not contain management commentary, forward-looking guidance, risk factors, or disclosures of contingencies. The portfolio composition indicates a concentrated focus on the precious metals and mining sector, including major producers (Barrick, Newmont, Goldcorp) and royalty/streaming companies (Royal Gold).
Investor Verification Checklist
- Verify the total portfolio value of $334.7 million against the firm's latest 10-K or 10-Q for context on asset size.
- Compare the 13 holdings listed here with the previous quarter's 13F to identify new entries or exits.
- Confirm the concentration risk, as the top 5 holdings represent approximately 60% of the reported portfolio value.
- Check for any subsequent amendments to this filing that may have updated share counts or values.