SEC Filing Summary: Form 13F-HR
Business Context and Reporting Period
This filing is a Form 13F Holdings Report submitted by ASA (Bermuda) Limited, an institutional investment manager based in Buffalo, New York. The report covers the quarter ended March 31, 2005, and was signed by Robert J.A. Irwin on May 6, 2005. The filing discloses equity holdings managed by the firm, focusing exclusively on the precious metals and mining sector.
Key Financial Metrics
The report details a portfolio of 5 equity positions with a total fair market value of $94,156,000. The firm holds sole voting authority for all reported positions. The specific holdings are as follows:
| Issuer | Security Type | Shares Held | Market Value ($000s) |
|---|---|---|---|
| Compania de Minas Buenaventura | Sponsored ADR | 900,000 | 20,502 |
| Newmont Mining Corporation | Common Stock | 520,368 | 21,986 |
| Harmony Gold Mining Limited | Sponsored ADR | 2,166,400 | 16,898 |
| Placer Dome, Inc. | Common Stock | 1,065,312 | 17,279 |
| Barrick Gold Corporation | Common Stock | 730,000 | 17,491 |
Note: Form 13F filings do not disclose revenue, profit, cash flow, margins, debt, or liquidity metrics for the reporting manager or the underlying issuers.
Material Changes
The filing text does not provide comparative data for the prior quarter (December 31, 2004). Consequently, material changes in position size or portfolio composition versus the prior period cannot be determined from this document alone.
Guidance, Outlook, and Risks
Form 13F is a regulatory disclosure of holdings and does not contain management commentary, forward-looking guidance, risk factors, or details on contingencies. The filing indicates no other included managers and no amendments or restatements were made to this specific report.
Investor Verification Checklist
- Verify the current market value of the 5 mining sector holdings against the reported $94.2 million total.
- Confirm whether the share counts represent a significant percentage of outstanding shares for each issuer to assess potential influence.
- Check subsequent 13F filings to determine if these positions were maintained, increased, or liquidated in the following quarter.
- Review the financial statements of the underlying issuers (Barrick, Newmont, Placer Dome, etc.) for operational performance, as this filing contains no such data.