NAM
NewGen Asset Management Portfolio holdings
AUM
$243M
Turnover
63.83%
1-Year Est. Return
86.06%
This Fund
S&P 500
This Quarter
Est. Return
+2.45%
1 Year Est. Return
+86.06%
3 Year Est. Return
+401.85%
5 Year Est. Return
+425.12%
10 Year Est. Return
–
AUM
$182M
AUM Growth
-$77.5M
(-30%)
Cap. Flow
-$84.3M
Cap. Flow
% of AUM
-46.44%
Top 10 Holdings %
Top 10 Hldgs %
70.08%
Holding
38
New
12
Increased
5
Reduced
5
Closed
14
Avg Time Held Equity + Options
0.4
years
Top 10 Avg Time Held Equity + Options
0.1
years
Top 20 Avg Time Held Equity + Options
0.5
years
Avg Time Held Equity only
0.5
years
Top 10 Avg Time Held Equity only
0.3
years
Top 20 Avg Time Held Equity only
0.5
years
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 | Miscellaneous | 29.82% |
| 2 | Technology | 22.66% |
| 3 | Materials | 18.12% |
| 4 | Energy | 14.96% |
| 5 | Industrials | 6.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Open Text
OTEX
$6.05B
| $23.9M | 13.15% |
574,400
+5,000
| +0.9% | +$201K |
2022 Q4
2 quarters
|
|
2
PUT
Invesco QQQ Trust
QQQ
$488B
| $22.2M | 12.21% |
+60,000
| New | +$20.2M |
2023 Q2
0 quarters
|
|
|
3
CALL
Rogers Communications
RCI
$16.8B
| $16.7M | 9.18% |
+365,000
| New | +$17.1M |
2023 Q2
0 quarters
|
|
|
4
Nutrien
NTR
$33.3B
| $14.5M | 7.97% |
+245,000
| New | +$15.6M |
2023 Q2
0 quarters
|
|
|
5
Celestica
CLS
$40.8B
| $13M | 7.18% |
899,178
+552,954
| +160% | +$6.84M |
2023 Q1
1 quarter
|
|
6
Precision Drilling
PDS
$1.07B
| $9.76M | 5.38% |
199,500
+50,000
| +33% | +$2.39M |
2023 Q1
1 quarter
|
|
|
7
RB Global
RBA
$16.3B
| $7.2M | 3.97% |
+120,000
| New | +$6.77M |
2023 Q2
0 quarters
|
|
8
Teck Resources
TECK
$31.8B
| $7.16M | 3.94% |
170,000
-53,335
| -24% | -$2.29M |
2022 Q1
5 quarters
|
|
|
9
Cameco
CCJ
$35.5B
| $6.58M | 3.62% |
+210,000
| New | +$5.91M |
2023 Q2
0 quarters
|
|
10
Enbridge
ENB
$106B
| $6.32M | 3.48% |
170,000
+20,000
| +13% | +$762K |
2023 Q1
1 quarter
|
|
|
11
Brookfield Infrastructure Partners
BIP
$16.7B
| $6.31M | 3.48% |
172,920
-355,030
| -67% | -$12.7M |
2021 Q2
8 quarters
|
|
12
Agnico Eagle Mines
AEM
$89.6B
| $6.25M | 3.44% |
125,000
+25,000
| +25% | +$1.35M |
2022 Q4
2 quarters
|
|
|
13
CALL
Nutrien
NTR
$33.3B
| $5.91M | 3.25% |
+100,000
| New | +$6.37M |
2023 Q2
0 quarters
|
|
14
Kinross Gold
KGC
$26.4B
| $5.02M | 2.77% |
1,050,000
-650,000
| -38% | -$3.25M |
2023 Q1
1 quarter
|
|
15
Pembina Pipeline
PBA
$28.2B
| $4.5M | 2.48% |
170,000
| – | – |
2022 Q2
4 quarters
|
|
16
TransAlta
TAC
$4B
| $4.46M | 2.46% |
476,000
-373,400
| -44% | -$3.5M |
2020 Q4
10 quarters
|
|
|
17
ATS Corp
ATS
$1.69B
| $4.43M | 2.44% |
+96,100
| New | +$4.32M |
2023 Q2
0 quarters
|
|
18
Lightspeed Commerce
LSPD
$1.33B
| $4.23M | 2.33% |
+250,000
| New | +$3.59M |
2023 Q2
0 quarters
|
|
19
CALL
Cenovus Energy
CVE
$60.2B
| $4.21M | 2.32% |
247,800
-652,200
| -72% | -$11M |
2023 Q1
1 quarter
|
|
|
QIPT
20
DELISTED
Quipt Home Medical
QIPT
| $3.71M | 2.04% |
+694,100
| New | +$4.1M |
2023 Q2
0 quarters
|
|
21
PUT
iShares US Real Estate ETF
IYR
$4.12B
| $320K | 0.18% |
+370,000
| New | +$31.1M |
2023 Q2
0 quarters
|
|
|
EBET
22
DELISTED
EBET, INC. Common Stock
EBET
| $106K | 0.06% |
+29,850
| New | +$247K |
2023 Q2
0 quarters
|
|
|
23
Algonquin Power & Utilities
AQN
$3.96B
| – | – |
-1,065,000
| Closed | -$8.95M | – |
|
24
Brookfield Renewable
BEP
$8.37B
| – | – |
-150,000
| Closed | -$4.73M | – |
|
25
CALL
Scotiabank
BNS
$110B
| – | – |
-137,500
| Closed | -$6.92M | – |
|
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UWM
OWSCM
PSF
EAM
HSWS
MWA
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 $84.3M 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 Miscellaneous at 30% of assets, up from 20% a quarter earlier, followed by Technology and Materials.
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.