Latest NewGen Asset Management Ltd Stock Portfolio
$233Million
Equity Portfolio Value
Last Reported on: 15 May, 2024
About NewGen Asset Management Ltd and it’s 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, NewGen Asset Management Ltd reported an equity portfolio of $233.8 Millions as of 31 Mar, 2024.
The top stock holdings of NewGen Asset Management Ltd are CDE, BEPC, FNV. The fund has invested 12.4% of it's portfolio in COEUR MINING INC and 8% of portfolio in BROOKFIELD RENEWABLE CORP.
The fund managers got completely rid off BROOKFIELD INFRASTRUCTURE-A (BIPC), RB GLOBAL INC (RBA) and ORLA MINING LTD (ORLA) stocks. They significantly reduced their stock positions in CAMECO CORP (CCJ), ENBRIDGE INC (ENB) and PRECISION DRILLING CORP (PDS). NewGen Asset Management Ltd opened new stock positions in COEUR MINING INC (CDE), CENOVUS ENERGY INC (CVE) and ROYAL BANK OF CANADA (RY). The fund showed a lot of confidence in some stocks as they added substantially to BROOKFIELD RENEWABLE CORP (BEPC), NORTH AMERICAN CONSTRUCTION (NOA) and FRANCO NEVADA CORP (FNV).
The top stock holdings of NewGen Asset Management Ltd are CDE, BEPC, FNV. The fund has invested 12.4% of it's portfolio in COEUR MINING INC and 8% of portfolio in BROOKFIELD RENEWABLE CORP.
The fund managers got completely rid off BROOKFIELD INFRASTRUCTURE-A (BIPC), RB GLOBAL INC (RBA) and ORLA MINING LTD (ORLA) stocks. They significantly reduced their stock positions in CAMECO CORP (CCJ), ENBRIDGE INC (ENB) and PRECISION DRILLING CORP (PDS). NewGen Asset Management Ltd opened new stock positions in COEUR MINING INC (CDE), CENOVUS ENERGY INC (CVE) and ROYAL BANK OF CANADA (RY). The fund showed a lot of confidence in some stocks as they added substantially to BROOKFIELD RENEWABLE CORP (BEPC), NORTH AMERICAN CONSTRUCTION (NOA) and FRANCO NEVADA CORP (FNV).
New Buys
| Ticker | $ Bought |
|---|---|
| COEUR MINING INC | 29,046,800 |
| CENOVUS ENERGY INC | 6,296,850 |
| ROYAL BANK OF CANADA | 5,044,000 |
| BCE INC | 4,757,200 |
| PRIMO WATER CORP | 3,915,150 |
| RADNET INC | 3,162,900 |
| TFI INTERNATIONAL INC | 3,029,740 |
| GILDAN ACTIVEWEAR INC | 2,873,860 |
New stocks bought by NewGen Asset Management Ltd
Additions
| Ticker | % Inc. |
|---|---|
| ATLANTICA JERSEY LTD | 293 |
| BROOKFIELD RENEWABLE CORP | 269 |
| NORTH AMERICAN CONSTRUCTION | 101 |
| FRANCO NEVADA CORP | 33.82 |
| QUIPT HOME MEDICAL CORP | 15.74 |
Additions to existing portfolio by NewGen Asset Management Ltd
Reductions
| Ticker | % Reduced |
|---|---|
| CAMECO CORP | -68.47 |
| ENBRIDGE INC | -62.5 |
| PRECISION DRILLING CORP | -57.43 |
| CRESCENT POINT ENERGY CORP | -56.61 |
| NUVEI CORP | -35.06 |
| OPEN TEXT CORP | -32.38 |
| CELESTICA INC | -29.38 |
| ENERFLEX LTD | -18.58 |
NewGen Asset Management Ltd reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| ORLA MINING LTD | -4,712,500 |
| ELECTRA BATTERY MATERIALS CO | -524,173 |
| BROOKFIELD INFRASTRUCTURE-A | -21,404,400 |
| TRANSALTA CORP | -3,955,560 |
| URANIUM ENERGY CORP | -2,880,000 |
| RB GLOBAL INC | -10,033,500 |
| DOCEBO INC | -4,790 |
NewGen Asset Management Ltd got rid off the above stocks
Current Stock Holdings of NewGen Asset Management Ltd
Last Reported on: 15 May, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options |
|---|---|---|---|---|---|---|---|
| BCE | BCE INC | 2.04 | 140,000 | 4,757,200 | NEW | ||
| BEPC | BROOKFIELD RENEWABLE CORP | 8.02 | 762,800 | 18,742,000 | ADDED | 269 | |
| BIPC | BROOKFIELD INFRASTRUCTURE-A | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| CCJ | CAMECO CORP | 1.12 | 60,500 | 2,620,860 | REDUCED | -68.47 | |
| CDE | COEUR MINING INC | 12.43 | 7,704,720 | 29,046,800 | NEW | ||
| CLS | CELESTICA INC | 5.43 | 282,500 | 12,695,600 | REDUCED | -29.38 | |
| CPG | CRESCENT POINT ENERGY CORP | 2.55 | 726,800 | 5,952,490 | REDUCED | -56.61 | |
| CVE | CENOVUS ENERGY INC | 2.69 | 315,000 | 6,296,850 | NEW | ||
| DCBO | DOCEBO INC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| ELBM | ELECTRA BATTERY MATERIALS CO | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| ENB | ENBRIDGE INC | 1.78 | 115,000 | 4,160,700 | REDUCED | -62.5 | |
| ETSY | ETSY INC | 0.87 | 29,700 | 2,040,980 | NEW | ||
| FNV | FRANCO NEVADA CORP | 6.60 | 129,400 | 15,419,300 | ADDED | 33.82 | |
| GIL | GILDAN ACTIVEWEAR INC | 1.23 | 77,400 | 2,873,860 | NEW | ||
| NOA | NORTH AMERICAN CONSTRUCTION | 3.84 | 402,907 | 8,976,770 | ADDED | 101 | |
| NVEI | NUVEI CORP | 3.73 | 275,980 | 8,726,490 | REDUCED | -35.06 | |
| OGI | ORGANIGRAM HOLDINGS INC | 0.53 | 575,000 | 1,236,250 | NEW | ||
| ORLA | ORLA MINING LTD | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| OTEX | OPEN TEXT CORP | 4.74 | 285,345 | 11,079,900 | REDUCED | -32.38 | |
| PDS | PRECISION DRILLING CORP | 1.52 | 52,770 | 3,550,890 | REDUCED | -57.43 | |
| PRMW | PRIMO WATER CORP | 1.68 | 215,000 | 3,915,150 | NEW | ||
| QIPT | QUIPT HOME MEDICAL CORP | 1.79 | 955,700 | 4,176,410 | ADDED | 15.74 | |
| RBA | RB GLOBAL INC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| RDNT | RADNET INC | 1.35 | 65,000 | 3,162,900 | NEW | ||
| RY | ROYAL BANK OF CANADA | 2.16 | 50,000 | 5,044,000 | NEW | ||
| SPIR | SPIRE GLOBAL INC | 0.41 | 80,000 | 960,000 | NEW | ||
| TAC | TRANSALTA CORP | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| TCKRF | TECK RESOURCES LTD | 5.71 | 291,506 | 13,345,100 | REDUCED | -10.85 | |
| TFII | TFI INTERNATIONAL INC | 1.30 | 19,000 | 3,029,740 | NEW | ||
| TSAT | TELESAT CORP | 0.18 | 50,000 | 426,000 | NEW | ||
| UEC | URANIUM ENERGY CORP | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| ENERFLEX LTD | 4.44 | 1,779,900 | 10,376,800 | REDUCED | -18.58 | ||
| ATLANTICA JERSEY LTD | 1.22 | 2,950,000 | 2,839,520 | ADDED | 293 | ||
| BOUNDLESS BIO INC | 0.30 | 50,000 | 712,500 | NEW |