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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
+5.29%
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
| 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
| 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
| 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 | |
|---|---|---|---|---|---|---|
1
Open Text
OTEX
$5.61B
| $18.1M | 12.84% |
514,500
-59,900
| -10% | -$2.34M |
|
|
2
Celestica
CLS
$34.5B
| $15.8M | 11.27% |
646,292
-252,886
| -28% | -$5.18M |
|
|
EFXT
3
Enerflex
EFXT
$2.86B
| $10.5M | 7.48% |
+1,836,200
| New | +$12.3M |
|
4
Nutrien
NTR
$32.3B
| $10.2M | 7.28% |
165,700
-79,300
| -32% | -$5.02M |
|
5
RB Global
RBA
$20.7B
| $9.69M | 6.89% |
155,000
+35,000
| +29% | +$2.16M |
|
|
6
Brookfield Renewable
BEPC
$6.19B
| $9.23M | 6.56% |
+385,400
| New | +$11.2M |
|
|
PDS
7
Precision Drilling
PDS
$1.07B
| $6.51M | 4.63% |
96,970
-102,530
| -51% | -$6.52M |
|
8
Teck Resources
TECK
$27.4B
| $6.25M | 4.44% |
145,000
-25,000
| -15% | -$1.04M |
|
9
Enbridge
ENB
$124B
| $5.64M | 4.01% |
170,000
| – | – |
|
10
CALL
Shopify
SHOP
$159B
| $5.46M | 3.88% |
+100,000
| New | +$6.06M |
|
|
11
CALL
West Fraser Timber
WFG
$5.54B
| $5.44M | 3.87% |
+75,000
| New | +$5.9M |
|
|
12
West Fraser Timber
WFG
$5.54B
| $5.44M | 3.87% |
+75,000
| New | +$5.9M |
|
|
13
Cenovus Energy
CVE
$51.6B
| $5.21M | 3.7% |
+250,000
| New | +$4.77M |
|
|
14
TC Energy
TRP
$72.8B
| $5.16M | 3.67% |
+150,000
| New | +$5.52M |
|
15
ATS Corp
ATS
$2.69B
| $4.94M | 3.51% |
115,800
+19,700
| +20% | +$870K |
|
16
TransAlta
TAC
$4.21B
| $4.14M | 2.94% |
476,000
| – | – |
|
|
QIPT
17
DELISTED
Quipt Home Medical
QIPT
| $4.1M | 2.92% |
805,500
+111,400
| +16% | +$597K |
|
18
Cameco
CCJ
$37.5B
| $4.04M | 2.88% |
102,000
-108,000
| -51% | -$3.82M |
|
19
NexGen Energy
NXE
$5.88B
| $2.71M | 1.93% |
+454,700
| New | +$2.35M |
|
|
ELBM
20
Electra Battery Materials
ELBM
$54.5M
| $1.98M | 1.41% |
+800,614
| New | +$2.98M |
|
|
ODVWW
21
DELISTED
Osisko Development Corp. Warrant
ODVWW
| $44.1K | 0.03% |
+15,000
| New | +$30.2K |
|
|
22
Agnico Eagle Mines
AEM
$68.9B
| – | – |
-125,000
| Closed | -$6.25M |
|
|
23
Brookfield Infrastructure Partners
BIP
$18B
| – | – |
-172,920
| Closed | -$6.31M |
|
|
24
CALL
Cenovus Energy
CVE
$51.6B
| – | – |
-247,800
| Closed | -$4.21M |
|
25
PUT
iShares US Real Estate ETF
IYR
$4.84B
| – | – |
-370,000
| Closed | -$320K |
|
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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.