NewGen Asset Management Ltd Hedge Fund

Location: Toronto, Ontario, Canada

CIK: 0001845012 · Show all filings

Period: Q1 2026 (← Previous) (Next →)

Filing Date: May 8, 2026

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

Holdings (30)

SPY STATE STREET SPDR S&P 500 ETF 25.1%

Value $65.03M Shares 100,000 Est. Cost — Unrealized —

HSLV HIGHLANDER SILVER CORP 11.1%

Value $28.81M Shares 4,900,000 Est. Cost $5.88 Unrealized —

HYG ISHARES IBOXX USD HIGH YIELD CORPORATE BOND ETF 9.2%

Value $23.87M Shares 300,000 Est. Cost — Unrealized —

USAS AMERICAS GOLD AND SILVER CORPORTATION 9.0%

Value $23.23M Shares 4,449,900 Est. Cost $2.61 Unrealized +180.1%

MDALF MDA SPACE LTD 6.1%

Value $15.82M Shares 625,000 Est. Cost $25.60 Unrealized 0.0%

EFXT ENERFLEX LTD 6.0%

Value $15.41M Shares 736,744 Est. Cost $7.05 Unrealized +148.9%

CDE COEUR MINING INC 4.5%

Value $11.73M Shares 625,000 Est. Cost $17.39 Unrealized +28.4%

GIL GILDAN ACTIVEWEAR INC 4.4%

Value $11.27M Shares 202,598 Est. Cost $63.52 Unrealized +6.1%

BGSI BOYD GROUP INC 3.4%

Value $8.895M Shares 69,800 Est. Cost $163.95 Unrealized +1.4%

SSRM SSR MINING INC 3.2%

Value $8.232M Shares 280,000 Est. Cost $25.47 Unrealized 0.0%

BEP BROOKFIELD RENEWABLE PARTNERS L.P 3.0%

Value $7.799M Shares 239,500 Est. Cost $22.16 Unrealized —

WFG WEST FRASER TIMBER CO LTD 2.5%

Value $6.529M Shares 100,000 Est. Cost $69.34 Unrealized 0.0%

USAS AMERICAS GOLD AND SILVER CORPORTATION 1.9%

Value $4.908M Shares 940,200 Est. Cost $2.61 Unrealized +180.1%

ENB ENBRIDGE INC 1.9%

Value $4.873M Shares 90,000 Est. Cost $31.06 Unrealized +56.4%

CAE CAE, INC 1.6%

Value $4.121M Shares 158,200 Est. Cost $31.81 Unrealized 0.0%

ARI APOLLO COMMERCIAL REAL ESTATE FINANCE, INC 1.2%

Value $3.228M Shares 305,670 Est. Cost $10.56 Unrealized —

VZLA VIZSLA SILVER CORP 1.1%

Value $2.949M Shares 893,700 Est. Cost $4.70 Unrealized +9.3%

BAM BROOKFIELD ASSET MANAGEMENT LTD. 0.9%

Value $2.4M Shares 54,000 Est. Cost $57.38 Unrealized -10.3%

ZD ZIFF DAVIS INC 0.9%

Value $2.203M Shares 52,500 Est. Cost $34.39 Unrealized 0.0%

DCBO DOCEBO INC 0.6%

Value $1.558M Shares 89,172 Est. Cost $19.32 Unrealized 0.0%

TRS TRIMAS CORP 0.6%

Value $1.438M Shares 40,000 Est. Cost $34.92 Unrealized +1.7%

ELME ELME COMMUNITIES 0.4%

Value $1.159M Shares 576,764 Est. Cost $2.01 Unrealized —

PSBD PALMER SQUARE CAPITAL BDC INC 0.3%

Value $720K Shares 73,684 Est. Cost $11.63 Unrealized 0.0%

OCSL OAKTREE SPECIALTY LENDING CORPORATION 0.2%

Value $458K Shares 40,500 Est. Cost $12.40 Unrealized 0.0%

MFIC MIDCAP FINANCIAL INVESTMENT 0.2%

Value $393K Shares 35,000 Est. Cost $11.28 Unrealized 0.0%

NCDL NUVEEN CHURCHILL DIRECT LENDING CORP. 0.1%

Value $355K Shares 27,900 Est. Cost $13.59 Unrealized 0.0%

MSDL MORGAN STANLEY DIRECT LENDING FUND 0.1%

Value $339K Shares 24,300 Est. Cost $16.03 Unrealized 0.0%

BW BABCOCK & WILCOX ENTERPRISES, INC. 0.1%

Value $329K Shares 22,400 Est. Cost — Unrealized —

GBDC GOLUB CAPITAL BDC INC 0.1%

Value $324K Shares 25,600 Est. Cost $13.12 Unrealized 0.0%

ANNA ALEANNA INC 0.1%

Value $234K Shares 28,283 Est. Cost $10.41 Unrealized -74.9%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SPY	STATE STREET SPDR S&P 500 ETF	100,000	$65.03M	25.1%	—	—	Put	78462F103
HSLV	HIGHLANDER SILVER CORP	4,900,000	$28.81M	11.1%	$5.88	—	Stock	43087N204
HYG	ISHARES IBOXX USD HIGH YIELD CORPORATE BOND ETF	300,000	$23.87M	9.2%	—	—	Put	464288513
USAS	AMERICAS GOLD AND SILVER CORPORTATION	4,449,900	$23.23M	9.0%	$2.61	+180.1%	Stock	03062D803
MDALF	MDA SPACE LTD	625,000	$15.82M	6.1%	$25.60	0.0%	Stock	55293N109
EFXT	ENERFLEX LTD	736,744	$15.41M	6.0%	$7.05	+148.9%	Stock	29269R105
CDE	COEUR MINING INC	625,000	$11.73M	4.5%	$17.39	+28.4%	Stock	192108504
GIL	GILDAN ACTIVEWEAR INC	202,598	$11.27M	4.4%	$63.52	+6.1%	Stock	375916103
BGSI	BOYD GROUP INC	69,800	$8.895M	3.4%	$163.95	+1.4%	Stock	103310108
SSRM	SSR MINING INC	280,000	$8.232M	3.2%	$25.47	0.0%	Stock	784730103
BEP	BROOKFIELD RENEWABLE PARTNERS L.P	239,500	$7.799M	3.0%	$22.16	—	Stock	G16258108
WFG	WEST FRASER TIMBER CO LTD	100,000	$6.529M	2.5%	$69.34	0.0%	Stock	952845105
USAS	AMERICAS GOLD AND SILVER CORPORTATION	940,200	$4.908M	1.9%	$2.61	+180.1%	Call	03062D803
ENB	ENBRIDGE INC	90,000	$4.873M	1.9%	$31.06	+56.4%	Stock	29250N105
CAE	CAE, INC	158,200	$4.121M	1.6%	$31.81	0.0%	Stock	124765108
ARI	APOLLO COMMERCIAL REAL ESTATE FINANCE, INC	305,670	$3.228M	1.2%	$10.56	—	Stock	03762U105
VZLA	VIZSLA SILVER CORP	893,700	$2.949M	1.1%	$4.70	+9.3%	Stock	92859G608
BAM	BROOKFIELD ASSET MANAGEMENT LTD.	54,000	$2.4M	0.9%	$57.38	-10.3%	Stock	113004105
ZD	ZIFF DAVIS INC	52,500	$2.203M	0.9%	$34.39	0.0%	Stock	48123V102
DCBO	DOCEBO INC	89,172	$1.558M	0.6%	$19.32	0.0%	Stock	25609L105
TRS	TRIMAS CORP	40,000	$1.438M	0.6%	$34.92	+1.7%	Stock	896215209
ELME	ELME COMMUNITIES	576,764	$1.159M	0.4%	$2.01	—	Stock	939653101
PSBD	PALMER SQUARE CAPITAL BDC INC	73,684	$720K	0.3%	$11.63	0.0%	Stock	69702V107
OCSL	OAKTREE SPECIALTY LENDING CORPORATION	40,500	$458K	0.2%	$12.40	0.0%	Stock	67401P405
MFIC	MIDCAP FINANCIAL INVESTMENT	35,000	$393K	0.2%	$11.28	0.0%	Stock	03761U502
NCDL	NUVEEN CHURCHILL DIRECT LENDING CORP.	27,900	$355K	0.1%	$13.59	0.0%	Stock	67090S108
MSDL	MORGAN STANLEY DIRECT LENDING FUND	24,300	$339K	0.1%	$16.03	0.0%	Stock	61774A103
BW	BABCOCK & WILCOX ENTERPRISES, INC.	22,400	$329K	0.1%	—	—	Call	05614L209
GBDC	GOLUB CAPITAL BDC INC	25,600	$324K	0.1%	$13.12	0.0%	Stock	38173M102
ANNA	ALEANNA INC	28,283	$234K	0.1%	$10.41	-74.9%	Stock	01444V103