Latest NewGen Asset Management Ltd Stock Portfolio
$194Million
Equity Portfolio Value
Last Reported on: 06 Feb, 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 $195 Millions as of 31 Dec, 2023.
The top stock holdings of NewGen Asset Management Ltd are BIPC, OTEX, TCKRF. The fund has invested 11% of it's portfolio in BROOKFIELD INFRASTRUCTURE-A and 9.1% of portfolio in OPEN TEXT CORP.
The fund managers got completely rid off NUTRIEN LTD (NTR), WEST FRASER TIMBER CO LTD (WFG) and CENOVUS ENERGY INC (CVE) stocks. They significantly reduced their stock positions in ELECTRA BATTERY MATERIALS CO (ELBM), BROOKFIELD RENEWABLE COR-A (BEPC) and CELESTICA INC (CLS). NewGen Asset Management Ltd opened new stock positions in BROOKFIELD INFRASTRUCTURE-A (BIPC), CRESCENT POINT ENERGY CORP (CPG) and NUVEI CORP-SUBORDINATE VTG (NVEI). The fund showed a lot of confidence in some stocks as they added substantially to TECK RESOURCES LTD-CLS B (TCKRF), CAMECO CORP (CCJ) and ENBRIDGE INC (ENB).
The top stock holdings of NewGen Asset Management Ltd are BIPC, OTEX, TCKRF. The fund has invested 11% of it's portfolio in BROOKFIELD INFRASTRUCTURE-A and 9.1% of portfolio in OPEN TEXT CORP.
The fund managers got completely rid off NUTRIEN LTD (NTR), WEST FRASER TIMBER CO LTD (WFG) and CENOVUS ENERGY INC (CVE) stocks. They significantly reduced their stock positions in ELECTRA BATTERY MATERIALS CO (ELBM), BROOKFIELD RENEWABLE COR-A (BEPC) and CELESTICA INC (CLS). NewGen Asset Management Ltd opened new stock positions in BROOKFIELD INFRASTRUCTURE-A (BIPC), CRESCENT POINT ENERGY CORP (CPG) and NUVEI CORP-SUBORDINATE VTG (NVEI). The fund showed a lot of confidence in some stocks as they added substantially to TECK RESOURCES LTD-CLS B (TCKRF), CAMECO CORP (CCJ) and ENBRIDGE INC (ENB).
New Buys
| Ticker | $ Bought |
|---|---|
| BROOKFIELD INFRASTRUCTURE-A | 21,404,400 |
| CRESCENT POINT ENERGY CORP | 11,607,800 |
| NUVEI CORP-SUBORDINATE VTG | 11,160,500 |
| FRANCO NEVADA CORP | 10,715,300 |
| ORLA MINING LTD | 4,712,500 |
| NORTH AMERICAN CONSTRUCTION | 4,170,000 |
| URANIUM ENERGY CORP | 2,880,000 |
| ATLANTICA JERSEY LTD | 720,225 |
New stocks bought by NewGen Asset Management Ltd
Additions
| Ticker | % Inc. |
|---|---|
| TECK RESOURCES LTD-CLS B | 125 |
| CAMECO CORP | 88.14 |
| ENBRIDGE INC | 80.41 |
| PRECISION DRILLING CORP | 27.84 |
| ENERFLEX LTD | 19.06 |
| QUIPT HOME MEDICAL CORP | 2.51 |
Additions to existing portfolio by NewGen Asset Management Ltd
Reductions
| Ticker | % Reduced |
|---|---|
| ELECTRA BATTERY MATERIALS CO | -55.17 |
| BROOKFIELD RENEWABLE COR-A | -46.45 |
| CELESTICA INC | -38.11 |
| OPEN TEXT CORP | -17.98 |
| RB GLOBAL INC | -3.23 |
NewGen Asset Management Ltd reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| NEXGEN ENERGY LTD | -2,714,560 |
| CENOVUS ENERGY INC | -5,205,000 |
| NUTRIEN LTD | -10,233,600 |
| TC ENERGY CORP | -5,161,500 |
| ATS CORPORATION | -4,935,400 |
| WEST FRASER TIMBER CO LTD | -5,440,500 |
| OSISKO DEVELOPMENT CORP | -44,100 |
NewGen Asset Management Ltd got rid off the above stocks
Current Stock Holdings of NewGen Asset Management Ltd
Last Reported on: 06 Feb, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options |
|---|---|---|---|---|---|---|---|
| BEPC | BROOKFIELD RENEWABLE COR-A | 3.05 | 206,400 | 5,942,260 | REDUCED | -46.45 | |
| BIPC | BROOKFIELD INFRASTRUCTURE-A | 10.98 | 606,700 | 21,404,400 | NEW | ||
| CCJ | CAMECO CORP | 4.24 | 191,900 | 8,270,890 | ADDED | 88.14 | |
| CLS | CELESTICA INC | 6.01 | 400,000 | 11,712,000 | REDUCED | -38.11 | |
| CPG | CRESCENT POINT ENERGY CORP | 5.95 | 1,675,000 | 11,607,800 | NEW | ||
| CVE | CENOVUS ENERGY INC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| DCBO | DOCEBO INC | 0.00 | 99.00 | 4,790 | NEW | ||
| ELBM | ELECTRA BATTERY MATERIALS CO | 0.27 | 1,435,700 | 524,173 | REDUCED | -55.17 | |
| ENB | ENBRIDGE INC | 5.67 | 306,700 | 11,047,300 | ADDED | 80.41 | |
| FNV | FRANCO NEVADA CORP | 5.50 | 96,700 | 10,715,300 | NEW | ||
| NOA | NORTH AMERICAN CONSTRUCTION | 2.14 | 200,000 | 4,170,000 | NEW | ||
| NTR | NUTRIEN LTD | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| NVEI | NUVEI CORP-SUBORDINATE VTG | 5.72 | 425,000 | 11,160,500 | NEW | ||
| NXE | NEXGEN ENERGY LTD | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| ODV | OSISKO DEVELOPMENT CORP | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| ORLA | ORLA MINING LTD | 2.42 | 1,450,000 | 4,712,500 | NEW | ||
| OTEX | OPEN TEXT CORP | 9.10 | 422,000 | 17,732,400 | REDUCED | -17.98 | |
| PDS | PRECISION DRILLING CORP | 3.45 | 123,970 | 6,730,330 | ADDED | 27.84 | |
| QIPT | QUIPT HOME MEDICAL CORP | 2.16 | 825,700 | 4,202,810 | ADDED | 2.51 | |
| RBA | RB GLOBAL INC | 5.15 | 150,000 | 10,033,500 | REDUCED | -3.23 | |
| TAC | TRANSALTA CORP | 2.03 | 476,000 | 3,955,560 | UNCHANGED | 0.00 | |
| TCKRF | TECK RESOURCES LTD-CLS B | 7.09 | 327,000 | 13,822,300 | ADDED | 125 | |
| TRP | TC ENERGY CORP | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| UEC | URANIUM ENERGY CORP | 1.48 | 450,000 | 2,880,000 | NEW | ||
| WFG | WEST FRASER TIMBER CO LTD | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| ENERFLEX LTD | 5.24 | 2,186,200 | 10,209,600 | ADDED | 19.06 | ||
| ATLANTICA JERSEY LTD | 0.37 | 750,000 | 720,225 | NEW | |||
| ATS CORPORATION | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 |