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NewGen Asset Management Portfolio holdings
AUM
$259M
1-Year Est. Return
140.76%
This Fund
S&P 500
This Quarter
Est. Return
+5.96%
1 Year Est. Return
+140.76%
3 Year Est. Return
+390.96%
5 Year Est. Return
+454.65%
10 Year Est. Return
–
AUM
$195M
AUM Growth
+$54.3M
(+39%)
Cap. Flow
+$46M
Cap. Flow
% of AUM
23.59%
Top 10 Holdings %
Top 10 Hldgs %
66.39%
Holding
35
New
14
Increased
6
Reduced
5
Closed
9
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Brookfield Infrastructure
BIPC
|
+$19.3M |
| 2 |
VRN
Veren
VRN
|
+$12.4M |
| 3 |
Franco-Nevada
FNV
|
+$11.8M |
| 4 |
NVEI
Nuvei Corporation Subordinate Voting Shares
NVEI
|
+$8.16M |
| 5 |
Teck Resources
TECK
|
+$6.99M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Nutrien
NTR
|
+$10.2M |
| 2 |
Celestica
CLS
|
+$6.55M |
| 3 |
West Fraser Timber
WFG
|
+$5.44M |
| 4 |
Cenovus Energy
CVE
|
+$5.21M |
| 5 |
TC Energy
TRP
|
+$5.16M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 28.17% |
| 2 | Utilities | 16.05% |
| 3 | Materials | 15.27% |
| 4 | Technology | 15.1% |
| 5 | Industrials | 10.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
ATS Corp
ATS
$2.05B
| – | – |
-115,800
| Closed | -$4.94M |
|
|
27
Cenovus Energy
CVE
$52.1B
| – | – |
-250,000
| Closed | -$5.21M |
|
|
28
Nutrien
NTR
$30.7B
| – | – |
-165,700
| Closed | -$10.2M |
|
29
NexGen Energy
NXE
$6.99B
| – | – |
-454,700
| Closed | -$2.71M |
|
30
CALL
Shopify
SHOP
$195B
| – | – |
-100,000
| Closed | -$5.46M |
|
|
31
TC Energy
TRP
$65.9B
| – | – |
-150,000
| Closed | -$5.16M |
|
|
32
CALL
West Fraser Timber
WFG
$5.65B
| – | – |
-75,000
| Closed | -$5.44M |
|
|
33
West Fraser Timber
WFG
$5.65B
| – | – |
-75,000
| Closed | -$5.44M |
|
|
ODVWW
34
DELISTED
Osisko Development Corp. Warrant
ODVWW
| – | – |
-15,000
| Closed | -$44.1K |
|
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NewGen Asset Management's Q4 2023 Portfolio in Review
As of Q4 2023, NewGen Asset Management held 35 positions worth $195M, up 39% from $141M the previous quarter. Its ten largest holdings account for 66% of the portfolio.
NewGen Asset Management deployed $46M of net new capital in Q4 2023, opening 14 new positions and adding to 6 existing holdings. Its largest new stake was Brookfield Infrastructure: 606,700 shares worth $21.4M.
By sector, the portfolio is most concentrated in Energy at 28% of assets, down from 28% a quarter earlier, followed by Utilities and Materials.
On the sell side, the largest reduction was Celestica, an estimated $6.55M trimmed.
- NewGen Asset Management's largest Q4 2023 buy was Brookfield Infrastructure: 606,700 shares worth $21.4M.
- NewGen Asset Management added most to Teck Resources in Q4 2023, an estimated $6.99M increase.
- NewGen Asset Management's biggest Q4 2023 reduction was Celestica, cutting an estimated $6.55M.
- NewGen Asset Management fully exited Nutrien in Q4 2023, selling an estimated $10.2M.
- NewGen Asset Management's ten largest holdings make up 66% of its $195M portfolio in Q4 2023.
- NewGen Asset Management opened 14 new positions and closed 9 in Q4 2023.
- NewGen Asset Management's portfolio value rose 39% quarter-over-quarter to $195M.
Based on NewGen Asset Management's 13F filing for Q4 2023, filed 6 Feb 2024.