Business Context and Reporting Period
This Form 13F-HR filing is submitted by ASA (Bermuda) Limited, an institutional investment manager, for the quarter ended September 30, 2006. The report discloses equity holdings in U.S. securities held by the manager.
Key Financial Metrics
The filing provides aggregate portfolio data rather than operational financial metrics (revenue, profit, cash flow) for the manager itself.
- Total Portfolio Value: $157,454,000
- Total Number of Holdings: 7
- Primary Sector: Gold and Precious Metals Mining
- Largest Holding by Value: Barrick Gold Corporation ($28,416,000)
Material Changes and Portfolio Composition
The filing lists specific equity positions held as of the reporting date. The portfolio is heavily concentrated in the mining sector. The filing text does not provide comparative data for the prior period to determine material changes in holdings or value.
| Issuer | Shares Held | Value ($000s) |
|---|---|---|
| Barrick Gold Corporation | 925,000 | 28,416 |
| Harmony Gold Mining Company Limited | 2,166,400 | 28,012 |
| Compania de Minas Buenaventura | 900,000 | 24,300 |
| Newmont Mining Corporation | 520,368 | 22,246 |
| Goldcorp Inc. | 900,000 | 21,240 |
| Randgold Resources Limited | 900,000 | 18,324 |
| Meridian Gold Inc. | 600,000 | 14,916 |
Guidance, Outlook, and Risks
The filing text does not contain management commentary, forward-looking guidance, risk factors, or contingencies. Form 13F reports are strictly disclosure documents regarding holdings and do not include operational outlooks.
Investor Verification Checklist
- Verify the total portfolio value of $157.5 million against the sum of individual holdings.
- Confirm the concentration risk, as 100% of reported holdings are in the gold/mining sector.
- Note that voting authority for all listed positions is held solely by the manager.
- Check subsequent filings to determine if these positions were maintained or liquidated in the following quarter.