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NewGen Asset Management Portfolio holdings

AUM $243M
1-Year Est. Return 86.06%
This Fund
S&P 500
This Quarter Est. Return
+11.2%
1 Year Est. Return
+86.06%
3 Year Est. Return
+401.85%
5 Year Est. Return
+425.12%
10 Year Est. Return
–
AUM
$234M
AUM Growth
+$38.8M
Cap. Flow
-$4.31M
Cap. Flow %
-1.84%
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 Miscellaneous 21.57%
3 Energy 17.94%
4 Technology 10.35%
5 Utilities 8.02%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CDE icon
1
Coeur Mining
CDE
$21.8B
$29M 12.43%
+7,704,725
New +$22.2M
SPY icon
2
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$814B
$28.8M 12.31%
+55,000
New +$27.4M
BEPC icon
3
Brookfield Renewable
BEPC
$5.89B
$18.7M 8.02%
762,800
+556,400
+270% +$14.6M
FNV icon
4
Franco-Nevada
FNV
$51.3B
$15.4M 6.6%
129,400
+32,700
+34% +$3.6M
TECK icon
5
Teck Resources
TECK
$33.9B
$13.3M 5.71%
291,506
-35,494
-11% -$1.42M
CLS icon
6
Celestica
CLS
$39.4B
$12.7M 5.43%
282,500
-117,500
-29% -$4.46M
FNV icon
7
CALL
Franco-Nevada
FNV
$51.3B
$11.9M 5.1%
100,000
+20,000
+25% +$2.2M
OTEX icon
8
Open Text
OTEX
$5.8B
$11.1M 4.74%
285,345
-136,655
-32% -$5.5M
EFXT
9
Enerflex
EFXT
$2.72B
$10.4M 4.44%
1,779,900
-406,300
-19% -$2.17M
NOA
10
North American Construction
NOA
$359M
$8.98M 3.84%
402,907
+202,907
+101% +$4.72M
NVEI
11
DELISTED
Nuvei Corporation Subordinate Voting Shares
NVEI
$8.73M 3.73%
275,980
-149,020
-35% -$3.77M
BCE icon
12
CALL
BCE
BCE
$22.1B
$6.8M 2.91%
+200,000
New +$7.61M
CVE icon
13
Cenovus Energy
CVE
$59.7B
$6.3M 2.69%
+315,000
New +$5.38M
VRN
14
DELISTED
Veren
VRN
$5.95M 2.55%
726,800
-948,200
-57% -$6.64M
RY icon
15
Royal Bank of Canada
RY
$292B
$5.04M 2.16%
+50,000
New +$4.93M
BCE icon
16
BCE
BCE
$22.1B
$4.76M 2.04%
+140,000
New +$5.33M
QIPT
17
DELISTED
Quipt Home Medical
QIPT
$4.18M 1.79%
955,700
+130,000
+16% +$587K
ENB icon
18
Enbridge
ENB
$109B
$4.16M 1.78%
115,000
-191,700
-63% -$6.8M
PRMW
19
DELISTED
Primo Water Corporation
PRMW
$3.92M 1.67%
+215,000
New +$3.38M
PDS
20
Precision Drilling
PDS
$1.16B
$3.55M 1.52%
52,770
-71,200
-57% -$4.3M
RDNT icon
21
RadNet
RDNT
$5.8B
$3.16M 1.35%
+65,000
New +$2.62M
TFII icon
22
TFI International
TFII
$11.3B
$3.03M 1.3%
+19,000
New +$2.72M
GIL icon
23
Gildan
GIL
$9.89B
$2.87M 1.23%
+77,400
New +$2.63M
CCJ icon
24
Cameco
CCJ
$43.9B
$2.62M 1.12%
60,500
-131,400
-68% -$5.76M
ETSY icon
25
Etsy
ETSY
$7.02B
$2.04M 0.87%
+29,700
New +$2.13M
1
2

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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's Q1 2024 filing shows 16 new, 6 increased, 9 reduced and 11 closed positions. Its largest new stake was Coeur Mining: 7,704,725 shares worth $29M. The largest sale was Brookfield Infrastructure, an estimated $21.4M.

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

  • 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.