NELSF
USAS

NewGen Equity Long/Short Fund’s Americas Gold and Silver USAS Stock Holding History

NewGen Equity Long/Short Fund’s Portfolio USAS Stock Details USAS Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2025
Q3 		$36.9M Sell
9,285,312
-3,554,688
-28% -$9.29M 9.86% 4
2025
Q2 		$25.9M Buy
+12,840,000
New +$20.7M 15.19% 1

Other funds holding USAS

MI
Merk Investments Menlo Park, California $314M AUM 74.91% 1-Year Est. Return
NAM
NewGen Asset Management Toronto, Ontario, Canada $243M AUM 86.06% 1-Year Est. Return
Mirae Asset Global ETFs Holdings
Mirae Asset Global ETFs Holdings Causeway Bay, Hong Kong $83.9B AUM 60.43% 1-Year Est. Return
AA
ALPS Advisors Denver, Colorado $21.3B AUM 23.41% 1-Year Est. Return
MBI
Montrusco Bolton Investments Montreal, Quebec, Canada $6.46B AUM 26.7% 1-Year Est. Return
Bank of America
Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return
Millennium Management
Millennium Management New York $276B AUM 44.8% 1-Year Est. Return
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance) Canada, Ontario, Canada $128B AUM 35.83% 1-Year Est. Return
SI
Sprott Inc Toronto, Ontario, Canada $3.15B AUM 70.1% 1-Year Est. Return
Connor, Clark & Lunn Investment Management (CC&L)
Connor, Clark & Lunn Investment Management (CC&L) Vancouver, British Columbia, Canada $52.8B AUM 58.98% 1-Year Est. Return

NewGen Equity Long/Short Fund's USAS Position: Q3 2025 in Review

NewGen Equity Long/Short Fund reduced its Americas Gold and Silver (USAS) stake by 28% in Q3 2025, selling an estimated $9.29M and leaving 9,285,312 shares worth $36.9M. The position accounts for 9.86% of the portfolio, ranked #4.

NewGen Equity Long/Short Fund first reported a position in USAS in Q2 2025 and has held it in 2 quarters since. 77 funds tracked by Wall St. Rank hold USAS as of Q3 2025.

  • NewGen Equity Long/Short Fund held 9,285,312 shares of Americas Gold and Silver worth $36.9M as of Q3 2025.
  • NewGen Equity Long/Short Fund sold 3,554,688 Americas Gold and Silver shares in Q3 2025, an estimated $9.29M.
  • Americas Gold and Silver made up 9.86% of NewGen Equity Long/Short Fund's portfolio in Q3 2025, its #4 holding.
  • NewGen Equity Long/Short Fund first reported a position in Americas Gold and Silver in Q2 2025 and has held it in 2 quarters since.
  • 77 funds tracked by Wall St. Rank held Americas Gold and Silver as of Q3 2025.

Based on NewGen Equity Long/Short Fund's 13F filing for Q3 2025, filed 13 Nov 2025.