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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
+11.2%
1 Year Est. Return
+140.76%
3 Year Est. Return
+390.96%
5 Year Est. Return
+454.65%
10 Year Est. Return
–
AUM
$234M
AUM Growth
+$38.8M
Cap. Flow
+$18.4M
Cap. Flow %
7.89%
Top 10 Hldgs %
68.61%
Holding
42
New
16
Increased
6
Reduced
9
Closed
11

Top Buys

Rank Stock Value
1
CDE icon
Coeur Mining
CDE
+$22.2M
2
BEPC icon
Brookfield Renewable
BEPC
+$14.6M
3
CVE icon
Cenovus Energy
CVE
+$5.38M
4
BCE icon
BCE
BCE
+$5.33M
5
RY icon
Royal Bank of Canada
RY
+$4.93M

Top Sells

Rank Stock Value
1
BIPC icon
Brookfield Infrastructure
BIPC
+$21.4M
2
RBA icon
RB Global
RBA
+$10M
3
ENB icon
Enbridge
ENB
+$6.8M
4
VRN
Veren
VRN
+$6.64M
5
CCJ icon
Cameco
CCJ
+$5.76M

Sector Composition

Rank Sector Weight
1 Materials 24.73%
2 Energy 17.94%
3 Technology 10.35%
4 Utilities 8.02%
5 Industrials 5.44%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
OGI
26
Organigram Holdings
OGI
$139M
$1.24M 0.53%
+575,000
New +$1.11M
SPIR icon
27
Spire Global
SPIR
$555M
$960K 0.41%
+80,000
New +$794K
BOLD
28
Boundless Bio
BOLD
$65M
$713K 0.3%
+50,000
New +$713K
TSAT icon
29
Telesat
TSAT
$897M
$426K 0.18%
+50,000
New +$472K
XLF icon
30
PUT
State Street Financial Select Sector SPDR ETF
XLF
$58.2B
$105K 0.05%
+2,500
New +$98.7K
BB icon
31
PUT
BlackBerry
BB
$5.26B
– –
-1,000,000
Closed -$3.54M
BIPC icon
32
Brookfield Infrastructure
BIPC
$4.85B
– –
-606,700
Closed -$21.4M
CCJ icon
33
CALL
Cameco
CCJ
$42.4B
– –
-150,000
Closed -$6.46M
DCBO
34
Docebo
DCBO
$566M
– –
-99
Closed -$4.79K
ELBM
35
Electra Battery Materials
ELBM
$64.1M
– –
-358,924
Closed -$524K
HYG icon
36
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$16.6B
– –
-57,500
Closed -$4.45M
ORLA
37
DELISTED
Orla Mining
ORLA
– –
-1,450,000
Closed -$4.71M
RBA icon
38
RB Global
RBA
$17.5B
– –
-150,000
Closed -$10M
TAC icon
39
TransAlta
TAC
$3.93B
– –
-476,000
Closed -$3.96M
UEC icon
40
Uranium Energy
UEC
$5.57B
– –
-450,000
Closed -$2.88M
XLF icon
41
CALL
State Street Financial Select Sector SPDR ETF
XLF
$58.2B
– –
-2,500
Closed -$94K
1
2

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PW
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TC
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MCA
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JFG
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BOC
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FAFN
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KC
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NewGen Asset Management's Q1 2024 Portfolio in Review

As of Q1 2024, NewGen Asset Management held 42 positions worth $234M, up 20% from $195M the previous quarter. Its ten largest holdings account for 69% of the portfolio.

NewGen Asset Management deployed $18.4M of net new capital in Q1 2024, opening 16 new positions and adding to 6 existing holdings. Its largest new stake was Coeur Mining: 7,704,725 shares worth $29M.

By sector, the portfolio is most concentrated in Materials at 25% of assets, up from 15% a quarter earlier, followed by Energy and Technology.

On the sell side, the largest reduction was Enbridge, an estimated $6.8M trimmed.

  • NewGen Asset Management's largest Q1 2024 buy was Coeur Mining: 7,704,725 shares worth $29M.
  • NewGen Asset Management added most to Brookfield Renewable in Q1 2024, an estimated $14.6M increase.
  • NewGen Asset Management's biggest Q1 2024 reduction was Enbridge, cutting an estimated $6.8M.
  • NewGen Asset Management fully exited Brookfield Infrastructure in Q1 2024, selling an estimated $21.4M.
  • NewGen Asset Management's ten largest holdings make up 69% of its $234M portfolio in Q1 2024.
  • NewGen Asset Management opened 16 new positions and closed 11 in Q1 2024.
  • NewGen Asset Management's portfolio value rose 20% quarter-over-quarter to $234M.

Based on NewGen Asset Management's 13F filing for Q1 2024, filed 15 May 2024.