NewGen Asset Management Ltd

Registered adviser

CIK

1845012

Location

TORONTO, A6

Portfolio Value

Small $236,140,521

Diversification

Diversified

Filing Date

Global Rank

#5,975 / 8,818 ▼ 725

Top Industry

Aerospace & Defense 18.0%

Period ended 4 months ago

Filed Aug 13, 2026 · 3mo

23 quarters · since Dec 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 163822

Roster of Oct 1, 2026

Regulatory AUM

$774,830,666

Main clients

Pooled investment vehicles (96% of AUM)

Private funds

1 fund · Hedge funds

Focus by fund count, roster of Oct 1, 2026

$217,249,995 gross assets

Private funds on Schedule D 7.B.(1)

As filed May 25, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$339,934,208 gross assets in 1 fund Hedge funds $339,934,208 (1)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Feb 2026 to Oct 2026	$774,830,666	Pooled investment vehicles (96%)
Feb 2025 to Jan 2026	$652,052,533	Pooled investment vehicles (92%)
Jun 2024 to Jan 2025	$522,579,097	Pooled investment vehicles (93%)
Feb 2024 to May 2024	$780,950,634	Pooled investment vehicles (95%)
May 2023 to Jan 2024	$986,717,272	Pooled investment vehicles (94%)
Feb 2023 to Apr 2023	$986,717,272	Pooled investment vehicles (94%)

5 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Concentrated

The top 10 positions are 75.4% of the book (60%+)

Turnover

High turnover

140.4% over the last four quarters (100%+)

Horizon

Short horizon

Value-weighted holding period 3.6 quarters (under 4)

Closest benchmark: the Nasdaq-100 as of 2026-06-30, active share 99.4%; sector active share 63.7% against the combined 13F book's sector weights.

Over time 23 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

31 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

12.7%

−12.5 pts

Top 5

43.6%

−18.9 pts

Top 10

69.7%

−14.3 pts

HHI

613

Diversified−508

Portfolio Trend

23 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Basic Materials	26.3%	$62,056,360	6
Industrials	20.7%	$48,867,456	4
Energy	15.2%	$35,902,291	5
Unclassified	14.5%	$34,348,000	2
Consumer Cyclical	9.8%	$23,030,676	2
Technology	3.7%	$8,687,466	2
Real Estate	3.5%	$8,348,543	2
Utilities	3.2%	$7,606,500	1
Financial Services	2.3%	$5,327,229	6
Healthcare	0.8%	$1,966,000	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

11 positions

Ticker	Company	Δ Shares	Shares	Value
ELME	Elme Communities	+465,069	1,041,833	$1,541,912
ARI	Apollo Commercial Real Estate Finance, Inc.	+331,655	637,325	$6,806,631
MDA	MDA Space Ltd.	+100,000	725,000	$29,928,000
CAE	Cae Inc	+99,400	257,600	$6,455,456
GIL	Gildan Activewear Inc.	+97,402	300,000	$15,480,000
PSBD	Palmer Square Capital BDC Inc.	+80,855	154,539	$1,610,296
OCSL	Oaktree Specialty Lending Corp	+33,319	73,819	$881,398
GBDC	GOLUB CAPITAL BDC, Inc.	+14,400	40,000	$515,200
BGSI	Boyd Group Services Inc.	+10,000	79,800	$7,550,676
MFIC	MidCap Financial Investment Corp	+10,000	45,000	$453,600
MSDL	Morgan Stanley Direct Lending Fund	+10,000	34,300	$518,616
No positions match the current search.

Trimmed

Positions the filer reduced

4 positions

Ticker	Company	Δ Shares	Shares	Value
USAS	Americas Gold & Silver Corp	−949,900	3,500,000	$16,520,000
HSLV	Highlander Silver Corp.	−720,000	4,180,000	$19,478,800
VZLA	Vizsla Silver Corp.	−300,000	593,700	$1,959,210
EFXT	Enerflex Ltd.	−100,000	636,744	$15,606,595
No positions match the current search.

New Positions

Positions the filer opened this quarter

10 positions

Ticker	Company	Shares	Value
TAC	Transalta Corp	550,000	$7,606,500
AEM	Agnico Eagle Mines Ltd	45,000	$6,980,850
SHOP	Shopify Inc.	53,700	$6,131,466
CCJ	Cameco Corp	50,000	$5,093,000
IAG	Iamgold Corp	300,000	$4,752,000
SLSR	Solaris Resources Inc.	550,000	$4,609,000
ATS	ATS Corp	150,000	$4,317,000
VISN	Vistance Networks, Inc.	200,000	$2,556,000
TRLV	Trulieve Cannabis Corp.	200,000	$1,966,000
SLRC	SLR Investment Corp.	108,983	$1,348,119
No positions match the current search.

Sold Out

Positions the filer fully exited

9 positions

Ticker	Company	Shares	Value
CDE	Coeur Mining, Inc.	625,000	$11,731,250
SSRM	Ssr Mining Inc.	280,000	$8,232,000
BEP	Brookfield Renewable Partners L.P.	239,500	$7,817,280
WFG	West Fraser Timber Co., Ltd	100,000	$6,529,000
BAM	Brookfield Asset Management Ltd.	54,000	$2,400,300
ZD	Ziff Davis, Inc.	52,500	$2,202,900
DCBO	Docebo Inc.	89,172	$1,557,834
TRS	Trimas Corp	40,000	$1,437,600
NCDL	Nuveen Churchill Direct Lending Corp.	27,900	$354,888
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

31 tracked positions · $236,140,521 total · filing declares 34 positions · $242,731,790 · as of Jun 30, 2026

All sectors Basic Materials Consumer Cyclical Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
MDA	MDA Space Ltd. Industrials	Added	725,000	+100,000	$29,928,000	+89.1%	2	unpriced	12.67%
SLV	iShares Silver Trust CALL	NEW	400,000	NEW	$21,388,000	NEW	—	—	9.06%
HSLV	Highlander Silver Corp. Basic Materials	Reduced	4,180,000	-720,000	$19,478,800	−32.4%	2	unpriced	8.25%
USAS	Americas Gold & Silver Corp Basic Materials	Reduced	3,500,000	-1,890,100	$16,520,000	−41.3%	7	$1.23	7.00%
EFXT	Enerflex Ltd. Energy	Reduced	636,744	-100,000	$15,606,595	+1.3%	12	$7.16	6.61%
GIL	Gildan Activewear Inc. Consumer Cyclical	Added	300,000	+97,402	$15,480,000	+37.3%	3	$60.59	6.56%
AEM	Agnico Eagle Mines Ltd CALL + SHARES Basic Materials	NEW	95,000	NEW	$14,737,350	NEW	1	$185.24	6.24%
SILJ	CALL	NEW	500,000	NEW	$12,960,000	NEW	—	—	5.49%
PDS	PRECISION DRILLING Corp CALL Energy	NEW	133,600	NEW	$10,241,776	NEW	—	—	4.34%
TRI	Thomson Reuters Corp CALL Industrials	NEW	100,000	NEW	$8,167,000	NEW	—	—	3.46%
TAC	Transalta Corp Utilities	NEW	550,000	NEW	$7,606,500	NEW	1	$13.21	3.22%
BGSI	Boyd Group Services Inc. Consumer Cyclical	Added	79,800	+10,000	$7,550,676	−15.4%	3	$154.34	3.20%
ARI	Apollo Commercial Real Estate Finance, Inc. Real Estate	Added	637,325	+331,655	$6,806,631	+110.9%	2	$10.66	2.88%
CAE	Cae Inc Industrials	Added	257,600	+99,400	$6,455,456	+56.6%	2	$28.58	2.73%
SHOP	Shopify Inc. Technology	NEW	53,700	NEW	$6,131,466	NEW	1	$114.12	2.60%
CCJ	Cameco Corp Energy	NEW	50,000	NEW	$5,093,000	NEW	1	$112.12	2.16%
ENB	Enbridge Inc Energy	Held	90,000	0	$4,878,900	+0.1%	14	$36.70	2.07%
IAG	Iamgold Corp Basic Materials	NEW	300,000	NEW	$4,752,000	NEW	1	$17.47	2.01%
SLSR	Solaris Resources Inc. Basic Materials	NEW	550,000	NEW	$4,609,000	NEW	1	$9.68	1.95%
ATS	ATS Corp Industrials	NEW	150,000	NEW	$4,317,000	NEW	1	$30.78	1.83%
VISN	Vistance Networks, Inc. Technology	NEW	200,000	NEW	$2,556,000	NEW	1	$14.11	1.08%
TRLV	Trulieve Cannabis Corp. Healthcare	NEW	200,000	NEW	$1,966,000	NEW	1	$8.60	0.83%
VZLA	Vizsla Silver Corp. Basic Materials	Reduced	593,700	-300,000	$1,959,210	−33.6%	3	$4.70	0.83%
PSBD	Palmer Square Capital BDC Inc. Financial Services	Added	154,539	+80,855	$1,610,296	+123.7%	2	$10.94	0.68%
ELME	Elme Communities Real Estate	Added	1,041,833	+465,069	$1,541,912	+33.0%	2	$2.73	0.65%
SLRC	SLR Investment Corp. Financial Services	NEW	108,983	NEW	$1,348,119	NEW	1	$13.90	0.57%
OCSL	Oaktree Specialty Lending Corp Financial Services	Added	73,819	+33,319	$881,398	+92.6%	2	$12.01	0.37%
MSDL	Morgan Stanley Direct Lending Fund Financial Services	Added	34,300	+10,000	$518,616	+52.9%	2	$15.38	0.22%
GBDC	GOLUB CAPITAL BDC, Inc. Financial Services	Added	40,000	+14,400	$515,200	+59.0%	2	$12.90	0.22%
MFIC	MidCap Financial Investment Corp Financial Services	Added	45,000	+10,000	$453,600	+15.3%	2	$11.01	0.19%
ANNA	AleAnna, Inc. Energy	Held	28,283	0	$82,020	−65.0%	7	$9.93	0.03%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.