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NAM
NewGen Asset Management Portfolio holdings
AUM
$259M
1-Year Est. Return
140.76%
This Fund
S&P 500
This Quarter
Est. Return
+2.45%
1 Year Est. Return
+140.76%
3 Year Est. Return
+390.96%
5 Year Est. Return
+454.65%
10 Year Est. Return
–
AUM
$182M
AUM Growth
-$77.5M
(-30%)
Cap. Flow
-$57.4M
Cap. Flow
% of AUM
-31.6%
Top 10 Holdings %
Top 10 Hldgs %
70.08%
Holding
38
New
12
Increased
5
Reduced
5
Closed
14
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Nutrien
NTR
|
+$15.6M |
| 2 |
Celestica
CLS
|
+$6.84M |
| 3 |
RB Global
RBA
|
+$6.77M |
| 4 |
Cameco
CCJ
|
+$5.91M |
| 5 |
ATS Corp
ATS
|
+$4.32M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SJR
Shaw Communications Inc.
SJR
|
+$60.5M |
| 2 |
Rogers Communications
RCI
|
+$15.9M |
| 3 |
Brookfield Infrastructure Partners
BIP
|
+$12.7M |
| 4 |
Triple Flag Precious Metals
TFPM
|
+$10.5M |
| 5 |
Algonquin Power & Utilities
AQN
|
+$8.95M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 22.66% |
| 2 | Materials | 18.12% |
| 3 | Energy | 14.96% |
| 4 | Industrials | 6.41% |
| 5 | Utilities | 5.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
CALL
Canadian Imperial Bank of Commerce
CM
$108B
| – | – |
-100,000
| Closed | -$4.24M |
|
27
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$16.6B
| – | – |
-8,000
| Closed | -$604K |
|
|
28
Rogers Communications
RCI
$18.3B
| – | – |
-338,500
| Closed | -$15.9M |
|
|
29
PUT
Rogers Communications
RCI
$18.3B
| – | – |
-319,100
| Closed | -$14.8M |
|
30
CALL
Royal Bank of Canada
RY
$294B
| – | – |
-70,000
| Closed | -$6.69M |
|
31
Shopify
SHOP
$187B
| – | – |
-80,000
| Closed | -$3.84M |
|
|
32
Triple Flag Precious Metals
TFPM
$6.46B
| – | – |
-700,000
| Closed | -$10.5M |
|
33
CALL
West Fraser Timber
WFG
$5.5B
| – | – |
-50,000
| Closed | -$3.56M |
|
|
ERF
34
DELISTED
Enerplus Corporation
ERF
| – | – |
-296,000
| Closed | -$4.27M |
|
|
SJR
35
DELISTED
Shaw Communications Inc.
SJR
| – | – |
-2,022,700
| Closed | -$60.5M |
|
|
LAC
36
DELISTED
Lithium Americas Corp. Common Shares
LAC
| – | – |
-282,000
| Closed | -$6.14M |
|
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NewGen Asset Management's Q2 2023 Portfolio in Review
As of Q2 2023, NewGen Asset Management held 38 positions worth $182M, down 30% from $259M the previous quarter. Its ten largest holdings account for 70% of the portfolio.
NewGen Asset Management withdrew a net $57.4M in Q2 2023, closing 14 positions and reducing 5 holdings. Its most notable exit was Shaw Communications Inc., an estimated $60.5M position sold in full.
By sector, the portfolio is most concentrated in Technology at 23% of assets, up from 12% a quarter earlier, followed by Materials and Energy.
Against the trend, NewGen Asset Management opened a new position in Nutrien worth $14.5M.
- NewGen Asset Management's largest Q2 2023 buy was Nutrien: 245,000 shares worth $14.5M.
- NewGen Asset Management added most to Celestica in Q2 2023, an estimated $6.84M increase.
- NewGen Asset Management's biggest Q2 2023 reduction was Brookfield Infrastructure Partners, cutting an estimated $12.7M.
- NewGen Asset Management fully exited Shaw Communications Inc. in Q2 2023, selling an estimated $60.5M.
- NewGen Asset Management's ten largest holdings make up 70% of its $182M portfolio in Q2 2023.
- NewGen Asset Management opened 12 new positions and closed 14 in Q2 2023.
- NewGen Asset Management's portfolio value fell 30% quarter-over-quarter to $182M.
Based on NewGen Asset Management's 13F filing for Q2 2023, filed 14 Aug 2023.