NewGen Asset Management Ltd Hedge Fund

Location: Toronto, Ontario, Canada

CIK: 0001845012 · Show all filings

Period: Q1 2023 (← Previous) (Next →)

Filing Date: May 15, 2023

Total Value: $259M (100.0% shares, 0.0% debt)

Holdings (26)

— SHAW COMMUNICATIONS INC-B 23.4%

Value $60.5M Shares 2,022,700 Est. Cost $28.66 Unrealized —

OTEX OPEN TEXT CORP 8.5%

Value $21.95M Shares 569,400 Est. Cost $28.52 Unrealized +10.7%

BIP BROOKFIELD INFRASTRUCTURE PA 6.9%

Value $17.83M Shares 527,950 Est. Cost $37.37 Unrealized —

CVE CENOVUS ENERGY INC 6.1%

Value $15.71M Shares 900,000 Est. Cost — Unrealized —

RCI ROGERS COMMUNICATIONS INC 6.1%

Value $15.69M Shares 338,500 Est. Cost $43.32 Unrealized +9.5%

RCI ROGERS COMMUNICATIONS INC 5.7%

Value $14.79M Shares 319,100 Est. Cost $43.32 Unrealized +9.5%

TFPM TRIPLE FLAG PRECIOUS MET-W/I 4.0%

Value $10.46M Shares 700,000 Est. Cost $13.63 Unrealized 0.0%

AQN ALGONQUIN POWER & UTILITIES 3.5%

Value $8.946M Shares 1,065,000 Est. Cost $6.50 Unrealized 0.0%

TECK TECK RESOURCES LTD-CLS B 3.1%

Value $8.152M Shares 223,335 Est. Cost $33.98 Unrealized +16.8%

KGC KINROSS GOLD CORP 3.1%

Value $8.007M Shares 1,700,000 Est. Cost $4.24 Unrealized 0.0%

PDS PRECISION DRILLING CORP 3.0%

Value $7.687M Shares 149,500 Est. Cost $64.76 Unrealized 0.0%

TAC TRANSALTA CORP 2.9%

Value $7.432M Shares 849,400 Est. Cost $9.41 Unrealized -6.4%

BNS THE BANK OF NOVA SCOTIA 2.7%

Value $6.925M Shares 137,500 Est. Cost — Unrealized —

RY ROYAL BANK OF CANADA 2.6%

Value $6.691M Shares 70,000 Est. Cost — Unrealized —

— LITHIUM AMERICAS CORP 2.4%

Value $6.136M Shares 282,000 Est. Cost $23.66 Unrealized —

ENB ENBRIDGE INC 2.2%

Value $5.723M Shares 150,000 Est. Cost $32.44 Unrealized 0.0%

PBA PEMBINA PIPELINE 2.1%

Value $5.508M Shares 170,000 Est. Cost $32.30 Unrealized -8.9%

AEM AGNICO EAGLE MINES LTD 2.0%

Value $5.097M Shares 100,000 Est. Cost $43.84 Unrealized +9.7%

BEP BROOKFIELD RENEWABLE PARTNER 1.8%

Value $4.726M Shares 150,000 Est. Cost $25.34 Unrealized —

— CELESTICA INC 1.7%

Value $4.466M Shares 346,224 Est. Cost $12.90 Unrealized —

— ENERPLUS CORP 1.6%

Value $4.265M Shares 296,000 Est. Cost $13.54 Unrealized —

CM CANADIAN IMPERIAL BANK OF COMMERCE 1.6%

Value $4.242M Shares 100,000 Est. Cost — Unrealized —

SHOP SHOPIFY INC - CLASS A 1.5%

Value $3.835M Shares 80,000 Est. Cost $34.15 Unrealized +28.9%

WFG WEST FRASER TIMBER CO. LTD 1.4%

Value $3.562M Shares 50,000 Est. Cost — Unrealized —

HYG ISHARES IBOXX HIGH YIELD CORPORATE BOND ETF 0.2%

Value $604K Shares 8,000 Est. Cost — Unrealized —

— ATLANTICA JERSEY LTD 0.0%

Value $51,124 Shares 50,000 Est. Cost $1.02 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	SHAW COMMUNICATIONS INC-B	2,022,700	$60.5M	23.4%	$28.66	—	Stock	82028K200
OTEX	OPEN TEXT CORP	569,400	$21.95M	8.5%	$28.52	+10.7%	Stock	683715106
BIP	BROOKFIELD INFRASTRUCTURE PA	527,950	$17.83M	6.9%	$37.37	—	Stock	G16252101
CVE	CENOVUS ENERGY INC	900,000	$15.71M	6.1%	—	—	Call	15135U109
RCI	ROGERS COMMUNICATIONS INC	338,500	$15.69M	6.1%	$43.32	+9.5%	Stock	775109200
RCI	ROGERS COMMUNICATIONS INC	319,100	$14.79M	5.7%	$43.32	+9.5%	Put	775109200
TFPM	TRIPLE FLAG PRECIOUS MET-W/I	700,000	$10.46M	4.0%	$13.63	0.0%	Stock	89679M104
AQN	ALGONQUIN POWER & UTILITIES	1,065,000	$8.946M	3.5%	$6.50	0.0%	Stock	015857105
TECK	TECK RESOURCES LTD-CLS B	223,335	$8.152M	3.1%	$33.98	+16.8%	Stock	878742204
KGC	KINROSS GOLD CORP	1,700,000	$8.007M	3.1%	$4.24	0.0%	Stock	496902404
PDS	PRECISION DRILLING CORP	149,500	$7.687M	3.0%	$64.76	0.0%	Stock	74022D407
TAC	TRANSALTA CORP	849,400	$7.432M	2.9%	$9.41	-6.4%	Stock	89346D107
BNS	THE BANK OF NOVA SCOTIA	137,500	$6.925M	2.7%	—	—	Call	064149107
RY	ROYAL BANK OF CANADA	70,000	$6.691M	2.6%	—	—	Call	780087102
—	LITHIUM AMERICAS CORP	282,000	$6.136M	2.4%	$23.66	—	Stock	53680Q207
ENB	ENBRIDGE INC	150,000	$5.723M	2.2%	$32.44	0.0%	Stock	29250N105
PBA	PEMBINA PIPELINE	170,000	$5.508M	2.1%	$32.30	-8.9%	Stock	706327103
AEM	AGNICO EAGLE MINES LTD	100,000	$5.097M	2.0%	$43.84	+9.7%	Stock	008474108
BEP	BROOKFIELD RENEWABLE PARTNER	150,000	$4.726M	1.8%	$25.34	—	Stock	G16258108
—	CELESTICA INC	346,224	$4.466M	1.7%	$12.90	—	Stock	15101Q108
—	ENERPLUS CORP	296,000	$4.265M	1.6%	$13.54	—	Stock	292766102
CM	CANADIAN IMPERIAL BANK OF COMMERCE	100,000	$4.242M	1.6%	—	—	Call	136069101
SHOP	SHOPIFY INC - CLASS A	80,000	$3.835M	1.5%	$34.15	+28.9%	Stock	82509L107
WFG	WEST FRASER TIMBER CO. LTD	50,000	$3.562M	1.4%	—	—	Call	952845105
HYG	ISHARES IBOXX HIGH YIELD CORPORATE BOND ETF	8,000	$604K	0.2%	—	—	Put	464288513
—	ATLANTICA JERSEY LTD	50,000	$51,124	0.0%	$1.02	—	Fixed Income	04916EAB0