NewGen Asset Management Ltd Hedge Fund

Location: Toronto, Ontario, Canada

CIK: 0001845012 · Show all filings

Period: Q4 2023 (← Previous) (Next →)

Filing Date: Feb 6, 2024

Total Value: $195M (100.0% shares, 0.0% debt)

Holdings (26)

— BROOKFIELD INFRASTRUCTURE-A 11.0%

Value $21.4M Shares 606,700 Est. Cost $35.28 Unrealized —

OTEX OPEN TEXT CORP 9.1%

Value $17.73M Shares 422,000 Est. Cost $28.52 Unrealized +22.5%

TECK TECK RESOURCES LTD-CLS B 7.1%

Value $13.82M Shares 327,000 Est. Cost $36.44 Unrealized +5.4%

— CELESTICA INC 6.0%

Value $11.71M Shares 400,000 Est. Cost $13.88 Unrealized —

— CRESCENT POINT ENERGY CORP 6.0%

Value $11.61M Shares 1,675,000 Est. Cost $6.93 Unrealized —

— NUVEI CORP-SUBORDINATE VTG 5.7%

Value $11.16M Shares 425,000 Est. Cost $26.26 Unrealized —

ENB ENBRIDGE INC 5.7%

Value $11.05M Shares 306,700 Est. Cost $31.06 Unrealized -5.3%

FNV FRANCO NEVADA CORP 5.5%

Value $10.72M Shares 96,700 Est. Cost $119.31 Unrealized 0.0%

EFXT ENERFLEX LTD 5.2%

Value $10.21M Shares 2,186,200 Est. Cost $6.18 Unrealized -31.1%

RBA RB GLOBAL INC 5.1%

Value $10.03M Shares 150,000 Est. Cost $57.57 Unrealized +11.6%

FNV FRANCO NEVADA CORP 4.5%

Value $8.865M Shares 80,000 Est. Cost $119.31 Unrealized 0.0%

CCJ CAMECO CORP 4.2%

Value $8.271M Shares 191,900 Est. Cost $34.36 Unrealized +21.2%

PDS PRECISION DRILLING CORP 3.5%

Value $6.73M Shares 123,970 Est. Cost $59.90 Unrealized -3.6%

CCJ CAMECO CORP 3.3%

Value $6.465M Shares 150,000 Est. Cost $34.36 Unrealized +21.2%

— BROOKFIELD RENEWABLE COR-A 3.0%

Value $5.942M Shares 206,400 Est. Cost $23.94 Unrealized —

ORLA ORLA MINING LTD 2.4%

Value $4.713M Shares 1,450,000 Est. Cost $3.14 Unrealized 0.0%

HYG ISHARES IBOXX HIGH YIELD CORPORATE BOND ETF 2.3%

Value $4.45M Shares 57,500 Est. Cost — Unrealized —

QIPT QUIPT HOME MEDICAL CORP 2.2%

Value $4.203M Shares 825,700 Est. Cost $5.80 Unrealized -17.5%

NOA NORTH AMERICAN CONSTRUCTION 2.1%

Value $4.17M Shares 200,000 Est. Cost $20.63 Unrealized 0.0%

TAC TRANSALTA CORP 2.0%

Value $3.956M Shares 476,000 Est. Cost $9.41 Unrealized -14.2%

BB BLACKBERRY LTD. 1.8%

Value $3.54M Shares 1,000,000 Est. Cost — Unrealized —

UEC URANIUM ENERGY CORP 1.5%

Value $2.88M Shares 450,000 Est. Cost $5.96 Unrealized 0.0%

— ATLANTICA JERSEY LTD 0.4%

Value $720K Shares 750,000 Est. Cost $0.96 Unrealized —

— ELECTRA BATTERY MATERIALS CO 0.3%

Value $524K Shares 1,435,696 Est. Cost $0.62 Unrealized —

XLF FINANCIAL SELECT SECTOR SPDR FUND 0.0%

Value $94,000 Shares 2,500 Est. Cost — Unrealized —

DCBO DOCEBO INC 0.0%

Value $4,790 Shares 99 Est. Cost $44.57 Unrealized 0.0%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	BROOKFIELD INFRASTRUCTURE-A	606,700	$21.4M	11.0%	$35.28	—	Stock	11275Q107
OTEX	OPEN TEXT CORP	422,000	$17.73M	9.1%	$28.52	+22.5%	Stock	683715106
TECK	TECK RESOURCES LTD-CLS B	327,000	$13.82M	7.1%	$36.44	+5.4%	Stock	878742204
—	CELESTICA INC	400,000	$11.71M	6.0%	$13.88	—	Stock	15101Q108
—	CRESCENT POINT ENERGY CORP	1,675,000	$11.61M	6.0%	$6.93	—	Stock	22576C101
—	NUVEI CORP-SUBORDINATE VTG	425,000	$11.16M	5.7%	$26.26	—	Stock	67079A102
ENB	ENBRIDGE INC	306,700	$11.05M	5.7%	$31.06	-5.3%	Stock	29250N105
FNV	FRANCO NEVADA CORP	96,700	$10.72M	5.5%	$119.31	0.0%	Stock	351858105
EFXT	ENERFLEX LTD	2,186,200	$10.21M	5.2%	$6.18	-31.1%	Stock	29269R105
RBA	RB GLOBAL INC	150,000	$10.03M	5.1%	$57.57	+11.6%	Stock	74935Q107
FNV	FRANCO NEVADA CORP	80,000	$8.865M	4.5%	$119.31	0.0%	Call	351858105
CCJ	CAMECO CORP	191,900	$8.271M	4.2%	$34.36	+21.2%	Stock	13321L108
PDS	PRECISION DRILLING CORP	123,970	$6.73M	3.5%	$59.90	-3.6%	Stock	74022D407
CCJ	CAMECO CORP	150,000	$6.465M	3.3%	$34.36	+21.2%	Call	13321L108
—	BROOKFIELD RENEWABLE COR-A	206,400	$5.942M	3.0%	$23.94	—	Stock	11284V105
ORLA	ORLA MINING LTD	1,450,000	$4.713M	2.4%	$3.14	0.0%	Stock	68634K106
HYG	ISHARES IBOXX HIGH YIELD CORPORATE BOND ETF	57,500	$4.45M	2.3%	—	—	Put	464288513
QIPT	QUIPT HOME MEDICAL CORP	825,700	$4.203M	2.2%	$5.80	-17.5%	Stock	74880P104
NOA	NORTH AMERICAN CONSTRUCTION	200,000	$4.17M	2.1%	$20.63	0.0%	Stock	656811106
TAC	TRANSALTA CORP	476,000	$3.956M	2.0%	$9.41	-14.2%	Stock	89346D107
BB	BLACKBERRY LTD.	1,000,000	$3.54M	1.8%	—	—	Put	09228F103
UEC	URANIUM ENERGY CORP	450,000	$2.88M	1.5%	$5.96	0.0%	Stock	916896103
—	ATLANTICA JERSEY LTD	750,000	$720K	0.4%	$0.96	—	FIXED INCOME	04916EAB0
—	ELECTRA BATTERY MATERIALS CO	1,435,696	$524K	0.3%	$0.62	—	Stock	28474P201
XLF	FINANCIAL SELECT SECTOR SPDR FUND	2,500	$94,000	0.0%	—	—	Call	81369Y605
DCBO	DOCEBO INC	99	$4,790	0.0%	$44.57	0.0%	Stock	25609L105