Saba Capital ups ASA stake with share purchases
Saba Capital Management, L.P., a 10% owner of ASA Gold & Precious Metals Ltd, reported open-market purchases of the company’s common stock.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Saba Capital Management, L.P., a 10% owner of ASA Gold & Precious Metals Ltd, reported open-market purchases of the company’s common stock. On January 13, 2026, it bought 15,162 shares at a price of $64.52 per share. On January 14, 2026, it purchased an additional 5,000 shares at $63.82 per share.
After these transactions, Saba Capital Management, L.P. beneficially owned 5,452,444 common shares, reported as held indirectly. The filing is made by one reporting person and reflects non-derivative equity holdings, with no derivative securities reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 5,000 | $63.82 | $319K |
| Purchase | Common Stock | 15,162 | $64.52 | $978K |
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did Saba Capital report for ASA (ASA)?
Saba Capital Management, L.P. reported buying ASA Gold & Precious Metals Ltd common stock in two open-market transactions on January 13 and 14, 2026.
What is Saba Capital’s total beneficial ownership in ASA after these trades?
Following the reported purchases, Saba Capital Management, L.P. beneficially owned 5,452,444 shares of ASA Gold & Precious Metals Ltd common stock, held indirectly.
Does the Form 4 show any ASA derivative securities for Saba Capital?
No. The Form 4 reports only non-derivative common stock transactions and shows no derivative securities in Table II.
Is the ASA (ASA) Form 4 filed by more than one reporting person?
No. The document indicates it is a Form filed by one reporting person, which is Saba Capital Management, L.P.
AI-generated analysis. How Rhea-AI works. Not financial advice.