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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
+5.29%
1 Year Est. Return
+140.76%
3 Year Est. Return
+390.96%
5 Year Est. Return
+454.65%
10 Year Est. Return
–
AUM
$141M
AUM Growth
-$40.9M
(-23%)
Cap. Flow
-$43.8M
Cap. Flow
% of AUM
-31.14%
Top 10 Holdings %
Top 10 Hldgs %
69.28%
Holding
34
New
10
Increased
3
Reduced
6
Closed
13
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
EFXT
Enerflex
EFXT
|
+$12.3M |
| 2 |
Brookfield Renewable
BEPC
|
+$11.2M |
| 3 |
West Fraser Timber
WFG
|
+$5.9M |
| 4 |
TC Energy
TRP
|
+$5.52M |
| 5 |
Cenovus Energy
CVE
|
+$4.77M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PDS
Precision Drilling
PDS
|
+$6.52M |
| 2 |
Brookfield Infrastructure Partners
BIP
|
+$6.31M |
| 3 |
Agnico Eagle Mines
AEM
|
+$6.25M |
| 4 |
Celestica
CLS
|
+$5.18M |
| 5 |
Kinross Gold
KGC
|
+$5.02M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 28.3% |
| 2 | Technology | 24.11% |
| 3 | Materials | 17% |
| 4 | Industrials | 10.4% |
| 5 | Utilities | 9.51% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
26
Kinross Gold
KGC
$32.8B
| – | – |
-1,050,000
| Closed | -$5.02M |
|
27
Lightspeed Commerce
LSPD
$1.35B
| – | – |
-250,000
| Closed | -$4.23M |
|
28
CALL
Nutrien
NTR
$30.7B
| – | – |
-100,000
| Closed | -$5.91M |
|
29
Pembina Pipeline
PBA
$27.6B
| – | – |
-170,000
| Closed | -$4.5M |
|
30
PUT
Invesco QQQ Trust
QQQ
$484B
| – | – |
-60,000
| Closed | -$22.2M |
|
31
CALL
Rogers Communications
RCI
$18.6B
| – | – |
-365,000
| Closed | -$16.7M |
|
|
EBET
32
DELISTED
EBET, INC. Common Stock
EBET
| – | – |
-29,850
| Closed | -$106K |
|
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NewGen Asset Management's Q3 2023 Portfolio in Review
As of Q3 2023, NewGen Asset Management held 34 positions worth $141M, down 23% from $182M the previous quarter. Its ten largest holdings account for 69% of the portfolio.
NewGen Asset Management withdrew a net $43.8M in Q3 2023, closing 13 positions and reducing 6 holdings. Its most notable exit was Brookfield Infrastructure Partners, an estimated $6.31M position sold in full.
By sector, the portfolio is most concentrated in Energy at 28% of assets, up from 15% a quarter earlier, followed by Technology and Materials.
Against the trend, NewGen Asset Management opened a new position in Enerflex worth $10.5M.
- NewGen Asset Management's largest Q3 2023 buy was Enerflex: 1,836,200 shares worth $10.5M.
- NewGen Asset Management added most to RB Global in Q3 2023, an estimated $2.16M increase.
- NewGen Asset Management's biggest Q3 2023 reduction was Precision Drilling, cutting an estimated $6.52M.
- NewGen Asset Management fully exited Brookfield Infrastructure Partners in Q3 2023, selling an estimated $6.31M.
- NewGen Asset Management's ten largest holdings make up 69% of its $141M portfolio in Q3 2023.
- NewGen Asset Management opened 10 new positions and closed 13 in Q3 2023.
- NewGen Asset Management's portfolio value fell 23% quarter-over-quarter to $141M.
Based on NewGen Asset Management's 13F filing for Q3 2023, filed 1 Nov 2023.