ASA - Asa Gold & Precious Metals Ltd

Insider Purchase by Saba Capital Management, L.P. (10%)

Stock Price (After Trade)
Stock Price (Before Trade)

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Trade Summary

4 days ago, Saba Capital Management, L.P., serving as 10% owner at Asa Gold & Precious Metals Ltd (ASA), purchased 16,004 shares at $60.14 per share, for a total transaction value of $962,492.00. Following this transaction, Saba Capital Management, L.P. now holds 5,391,713 shares of ASA.

The trade was executed on Tuesday, December 30, 2025 and publicly disclosed via SEC Form 4 filing on Friday, January 2, 2026, 3 days after the trade was made.

Asa Gold & Precious Metals Ltd operates in the FINANCIAL SERVICES sector, specifically within the ASSET MANAGEMENT industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.

Saba Capital Management, L.P.

Saba Capital Management, L.P.

10%

Saba Capital Management, L.P. Saba Capital Management, L.P. (Saba) is a New York-based global alternative asset management firm founded in 2009 by Boaz Weinstein. The firm specializes in credit relative value strategies, tail hedging, closed-end funds, and SPACs, employing a rigorous investment process that integrates quantitative models, fundamental analysis, and technical research to capitalize on market dislocations and generate superior risk-adjusted returns. Headquartered at 405 Lexington Avenue in New York City, Saba manages a diverse portfolio valued at approximately $3.7 billion as of recent SEC filings, with top holdings including BlackRock ESG Capital Allocation Term Trust and PIMCO Dynamic Income Strategy Fund. Saba's team, many of whom have collaborated for over a decade, traces its roots to Weinstein's credit trading group at Deutsche Bank, which spun out with proprietary intellectual property to launch the flagship Capital Master Fund in 2009. Career highlights include profiting from the 2012 JPMorgan "London Whale" loss, capital structure arbitrages in Linn Energy and Chesapeake Energy in 2016, and strong performance during the 2020 market crash—yielding 33% for its flagship fund and 99% for its tail fund—earning it Hedge Fund of the Year from *Risk* magazine in 2021. The firm has actively engaged as a corporate insider, recently trading at 10% ownership in New Germany Fund Inc. (GF) and pursuing activist initiatives with U.K. investment trusts and U.S. closed-end funds to enhance shareholder value through liquidity and governance reforms. Boaz Weinstein serves as portfolio manager and key leader, overseeing Saba's operations as a registered investment advisor with around 35 employees. The firm continues to focus on innovative solutions for investors seeking alpha in volatile markets.

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Trade Price

$60.14

Quantity

16,004

Total Value

$962,492.00

Shares Owned

5,391,713

Trade Date

Tuesday, December 30, 2025

4 days ago

SEC Filing Date

Friday, January 2, 2026

Filed 3 days after trade

FINANCIAL SERVICESASSET MANAGEMENT

About Asa Gold & Precious Metals Ltd

Company Overview

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