CIK: 0001845012
Total reported value
$258.6M
Reporting period: 2026-03-31 · Number of holdings: 30
NewGen Asset Management Ltd disclosed 30 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $258.6M and a quarterly turnover rate of 118.9%.
Browse other institutions with $100M to $1B AUMBrowse other institutions starting with "N"
NewGen Asset Management Ltd's disclosed holdings carry a Herfindahl concentration index of 0.112 — mathematically equivalent to about 9 equally-sized positions, well below its 30 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes vary widely across the portfolio (a coefficient of variation of 1.53), with a handful of outsized bets alongside many smaller positions.
No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.
Sector classification currently covers about 15% of this portfolio's disclosed value; the remainder includes holdings (e.g. unmapped tickers, options, or other security types) not yet covered by our sector mapping.
Trim USAS
-13.1% -$3.5M
Trim CDE
-12.9% -$1.1M
Trim GIL
+7.5% -$492.8K
Trim BAM
-46.0% -$2.8M
Trim VZLA
-0.7% -$2.0M
Trim TRS
-59.8% -$2.1M
Showing top 29 holdings (of 30 total)
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-Large Cap & Growth | 25.15% | +25.15% | NEW | |
| 2 | HSLV | Highlander Silver CORP | Stock-Other | 11.14% | +11.14% | NEW | |
| 3 | USAS | Americas Gold And Silver Cor | Stock-Other | 10.88% | -8.68% | -13.06% | |
| 4 | HYG | Ishr Ibx Usd Hiyld Cb Etf-ui | ETF-High Yield | 9.23% | +9.23% | NEW | |
| 5 | MDA | Mda Space LTD | Stock-Other | 6.12% | +6.12% | NEW | |
| 6 | EFXT | Enerflex LTD | Stock-Other | 5.96% | -1.53% | -6.36% | |
| 7 | CDE | Coeur Mining INC | Stock-Materials | 4.54% | -3.36% | -12.93% | |
| 8 | GIL | Gildan Activewear INC | Stock-Consumer Disc | 4.36% | -2.90% | +7.54% | |
| 9 | BGSI | THE Boyd Group INC | Stock-Other | 3.44% | +0.75% | +155.68% | |
| 10 | SSRM | Ssr Mining INC | Stock-Materials | 3.18% | +3.18% | NEW | |
| 11 | BEP | Brookfield Renewable Partners L.P. | Stock-Other | 3.02% | -0.98% | — | |
| 12 | WFG | West Fraser Timber Co LTD | Stock-Other | 2.52% | +2.52% | NEW | |
| 13 | ENB | Enbridge INC | Stock-Energy | 1.88% | -0.78% | — | |
| 14 | CAE | Cae INC | Stock-Other | 1.59% | +1.59% | NEW | |
| 15 | ARI | Apollo Commercial Real Estat | Stock-Other | 1.25% | +1.25% | NEW | |
| 16 | VZLA | Vizsla Silver CORP | Stock-Other | 1.14% | -1.90% | -0.70% | |
| 17 | BAM | Brookfield Asset Mgmt-a | Stock-Financials | 0.93% | -2.30% | -46.00% | |
| 18 | ZD | Ziff Davis INC | Stock-Other | 0.85% | +0.85% | NEW | |
| 19 | DCBO | Docebo INC | Stock-Other | 0.60% | +0.60% | NEW | |
| 20 | TRS | Trimas CORP | Stock-Other | 0.56% | -1.62% | -59.80% | |
| 21 | ELME | Elme Communities | Stock-Other | 0.45% | +0.45% | NEW | |
| 22 | PSBD | Palmer Square Capital Bdc In | Stock-Other | 0.28% | +0.28% | NEW | |
| 23 | OCSL | Oaktree Specialty Lending Co | Stock-Other | 0.18% | +0.18% | NEW | |
| 24 | MFIC | Midcap Financial Investment | Stock-Other | 0.15% | +0.15% | NEW | |
| 25 | NCDL | Nuveen Churchill Direct Lend | Stock-Other | 0.14% | +0.14% | NEW | |
| 26 | MSDL | Morgan Stanley Direct Lendin | Stock-Other | 0.13% | +0.13% | NEW | |
| 27 | BW | Babcock & Wilcox Enterpr | Stock-Other | 0.13% | +0.13% | NEW | |
| 28 | GBDC | Golub Capital Bdc INC | Stock-Financials | 0.13% | +0.13% | NEW | |
| 29 | ANNA | Aleanna INC | Stock-Other | 0.09% | +0.04% | — |
Performance for Q3 2026
+2.8%
Performance Last 4 Quarters
+66%
Based on 66% of reported portfolio value with available pricing
| Period | Holdings | Total value | Stability | Top holdings |
|---|---|---|---|---|
| 2026-03-31 | 30 | $258.6M | 100 | |
| 2025-12-31 | 23 | $162.0M | 100 | |
| 2025-09-30 | 29 | $374.0M | 100 | |
| 2025-06-30 | 25 | $178.5M | 0 | |
| 2025-03-31 | 30 | $154.1M | 100 | |
| 2024-12-31 | 30 | $110.2M | 0 | |
| 2024-09-30 | 29 | $200.8M | 0 | |
| 2024-06-30 | 29 | $230.1M | 0 | |
| 2024-03-31 | 31 | $233.8M | 0 | |
| 2023-12-31 | 26 | $195.0M | 0 | |
| 2023-09-30 | 21 | $140.6M | 0 | |
| 2023-06-30 | 24 | $181.5M | 0 | |
| 2023-03-31 | 27 | $259.0M | 0 | |
| 2022-12-31 | 22 | $198.6M | 0 | |
| 2022-09-30 | 28 | $171.0M | 0 | |
| 2022-06-30 | 22 | $157.8M | 0 | |
| 2022-03-31 | 38 | $222.6M | 0 | |
| 2021-12-31 | 28 | $164.7M | 0 | |
| 2021-09-30 | 32 | $178.1M | 0 | |
| 2021-06-30 | 46 | $264.9M | 100 | |
| 2021-03-31 | 48 | $242.0M | 100 | |
| 2020-12-31 | 31 | $73.9M | — |
NewGen Asset Management Ltd's most significant position changes for 2026-03-31: New buy: Ss Spdr S&p 500 ETF Trust-us (SPY); New buy: Highlander Silver CORP (HSLV); New buy: Ishr Ibx Usd Hiyld Cb Etf-ui (HYG); New buy: Mda Space LTD (MDA); Sold out: I-80 Gold CORP -26 (IAUX-WS).
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | BGSI | THE Boyd Group INC | +0.8% | +155.68% | Add |
| 2 | ANNA | Aleanna INC | 0% | — | Unchanged |
| 3 | ENB | Enbridge INC | -0.8% | — | Unchanged |
| 4 | BEP | Brookfield Renewable Partners L.P. | -1% | — | Unchanged |
| 5 | EFXT | Enerflex LTD | -1.5% | -6.36% | Trim |
| 6 | TRS | Trimas CORP | -1.6% | -59.80% | Trim |
| 7 | VZLA | Vizsla Silver CORP | -1.9% | -0.70% | Trim |
| 8 | BAM | Brookfield Asset Mgmt-a | -2.3% | -46.00% | Trim |
| 9 | GIL | Gildan Activewear INC | -2.9% | +7.54% | Add |
| 10 | CDE | Coeur Mining INC | -3.4% | -12.93% | Trim |
| 11 | USAS | Americas Gold And Silver Cor | -8.7% | -13.06% | Trim |
| 12 | SPY | Ss Spdr S&p 500 ETF Trust-us | — | NEW | New buy |
| 13 | HSLV | Highlander Silver CORP | — | NEW | New buy |
| 14 | HYG | Ishr Ibx Usd Hiyld Cb Etf-ui | — | NEW | New buy |
| 15 | MDA | Mda Space LTD | — | NEW | New buy |
| 16 | IAUX-WS | I-80 Gold CORP -26 | — | EXIT | Sold out |
| 17 | CCJ | Cameco CORP | — | EXIT | Sold out |
| 18 | BB | Blackberry LTD | — | EXIT | Sold out |
| 19 | SLSR | Solaris Resources INC | — | EXIT | Sold out |
| 20 | SSRM | Ssr Mining INC | — | NEW | New buy |
| 21 | WFG | West Fraser Timber Co LTD | — | NEW | New buy |
| 22 | DSGX | Descartes Systems Grp/the | — | EXIT | Sold out |
| 23 | CVE | Cenovus Energy INC | — | EXIT | Sold out |
| 24 | CAE | Cae INC | — | NEW | New buy |
| 25 | ARI | Apollo Commercial Real Estat | — | NEW | New buy |
| 26 | ZD | Ziff Davis INC | — | NEW | New buy |
| 27 | ✓ | — | EXIT | Sold out | |
| 28 | RDNT | Radnet INC | — | EXIT | Sold out |
| 29 | DCBO | Docebo INC | — | NEW | New buy |
| 30 | USAU | US Gold CORP | — | EXIT | Sold out |
| 31 | NOA | North American Construction | — | EXIT | Sold out |
| 32 | ELME | Elme Communities | — | NEW | New buy |
| 33 | TII | Titan Mining CORP | — | EXIT | Sold out |
| 34 | PSBD | Palmer Square Capital Bdc In | — | NEW | New buy |
| 35 | OCSL | Oaktree Specialty Lending Co | — | NEW | New buy |
| 36 | MFIC | Midcap Financial Investment | — | NEW | New buy |
| 37 | NCDL | Nuveen Churchill Direct Lend | — | NEW | New buy |
| 38 | MSDL | Morgan Stanley Direct Lendin | — | NEW | New buy |
| 39 | BW | Babcock & Wilcox Enterpr | — | NEW | New buy |
| 40 | GBDC | Golub Capital Bdc INC | — | NEW | New buy |
| Period | Filed | Type | EDGAR |
|---|---|---|---|
| 2026-03-31 | 2026-05-08 | 13F-HR | View on EDGAR |
| 2025-12-31 | 2026-02-17 | 13F-HR | View on EDGAR |
| 2025-09-30 | 2025-12-17 | 13F-HR | View on EDGAR |
| 2025-06-30 | 2025-08-25 | Amendment | View on EDGAR |
| 2025-06-30 | 2025-08-19 | 13F-HR | View on EDGAR |
| 2025-03-31 | 2025-04-15 | 13F-HR | View on EDGAR |
| 2024-12-31 | 2025-02-14 | 13F-HR | View on EDGAR |
| 2024-09-30 | 2024-11-04 | 13F-HR | View on EDGAR |
| 2024-06-30 | 2024-07-31 | 13F-HR | View on EDGAR |
| 2024-03-31 | 2024-05-15 | 13F-HR | View on EDGAR |
| 2023-12-31 | 2024-02-06 | 13F-HR | View on EDGAR |
| 2023-09-30 | 2023-11-01 | 13F-HR | View on EDGAR |
| 2023-06-30 | 2023-08-14 | 13F-HR | View on EDGAR |
| 2023-03-31 | 2023-05-15 | Amendment | View on EDGAR |
| 2023-03-31 | 2023-05-12 | 13F-HR | View on EDGAR |
| 2022-12-31 | 2023-02-06 | 13F-HR | View on EDGAR |
| 2022-09-30 | 2022-11-08 | 13F-HR | View on EDGAR |
| 2022-06-30 | 2022-07-27 | 13F-HR | View on EDGAR |
| 2022-03-31 | 2022-04-22 | 13F-HR | View on EDGAR |
| 2021-12-31 | 2022-02-07 | 13F-HR | View on EDGAR |
| 2021-09-30 | 2021-11-02 | 13F-HR | View on EDGAR |
| 2021-06-30 | 2021-07-28 | 13F-HR | View on EDGAR |
| 2021-03-31 | 2021-05-06 | 13F-HR | View on EDGAR |
| 2020-12-31 | 2021-02-09 | 13F-HR | View on EDGAR |
Institutions with a similar AUM
CIK 0002030542
Total reported value
$258.6M
31 stks
2026-03-31
AUM within 0.0% of this institution
CIK 0001216093
Total reported value
$258.7M
26 stks
2026-03-31
AUM within 0.0% of this institution
CIK 0001689470
Total reported value
$258.5M
115 stks
2026-03-31
AUM within 0.0% of this institution
Institutions with overlapping top holdings
CIK 0001774035
Total reported value
$374.0M
29 stks
2025-09-30
Stale — no recent filing
3 of the top 5 holdings overlap, including Ss Spdr S&p 500 ETF Trust-us
CIK 0000924192
Total reported value
$3.3B
631 stks
2022-12-31
Stale — no recent filing
2 of the top 5 holdings overlap, including Ss Spdr S&p 500 ETF Trust-us
CIK 0001084580
Total reported value
$12.0B
1,610 stks
2022-09-30
Stale — no recent filing
2 of the top 5 holdings overlap, including Ishr Ibx Usd Hiyld Cb Etf-ui