Q4 2025 · 13F-HR
NewGen Asset Management Ltdholdings as filed
Filed 2026-02-17 · accession 0001845012-26-000001
$162.0M
Reported value
23
Positions
2025-12-31
Period end
The Brief · NewGen Asset Management Ltd · Q4 2025
AI · grounded in 13F
NewGen Asset Management Ltd exited its position in SPY, reducing exposure by $68.2M. The fund also closed positions in QQQ and HYG, totaling reductions of $62.9M and $48.5M respectively. To offset these exits, the fund established new positions in CDE for $12.8M and GIL for $11.8M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 03062D803 | USAS | AMERICAS GOLD AND SILVER CORP | $31.7M | 19.6% | 6,200,000 | Common | SOLE |
| 44955L155 | IAUX/WS | I-80 GOLD CORP | $14.6M | 9.02% | 10,011,000 | Common | SOLE |
| 192108504 | CDE | COEUR MINING INC | $12.8M | 7.90% | 717,800 | Common | SOLE |
| 29269R105 | EFXT | ENERFLEX LTD | $12.1M | 7.49% | 786,744 | Common | SOLE |
| 13321L108 | CCJ | CAMECO CORP | $11.4M | 7.05% | 124,900 | Common | SOLE |
| 09228F103 | BB | BLACKBERRY LTD | $10.2M | 6.29% | 2,689,000 | Common | SOLE |
| 83419D201 | SLSR | SOLARIS RESOURCES INC | $9.8M | 6.04% | 1,219,657 | Common | SOLE |
| G16258108 | BEP | BROOKFIELD RENEWABLE PARTNERS | $6.5M | 4.00% | 239,500 | Common | SOLE |
| 375916103 | GIL | GILDAN ACTIVEWEAR INC | $6.2M | 3.81% | 98,798 | Common | SOLE |
| 249906108 | DSGX | DESCARTES SYSTEMS GROUP/THE | $6.1M | 3.79% | 70,000 | Common | SOLE |
| 375916103 | GIL | GILDAN ACTIVEWEAR INC | $5.6M | 3.45% | 89,600 | CALL | SOLE |
| 113004105 | BAM | BROOKFIELD ASSET MANAGEMENT | $5.2M | 3.23% | 100,000 | Common | SOLE |
| 92859G608 | VZLA | VIZSLA SILVER CORP | $4.9M | 3.04% | 900,000 | Common | SOLE |
| 15135U109 | CVE | CENOVUS ENERGY INC | $4.9M | 3.03% | 290,500 | Common | SOLE |
| 103310108 | BGSI | BOYD GROUP INC | $4.3M | 2.69% | 27,300 | Common | SOLE |
| 29250N105 | ENB | ENBRIDGE INC | $4.3M | 2.66% | 90,000 | Common | SOLE |
| 896215209 | TRS | TRIMAS CORP | $3.5M | 2.18% | 99,500 | Common | SOLE |
| G24979109 | CHAC | CRANE HARBOR ACQUISITION CORP CLASS A | $2.0M | 1.23% | 185,300 | Common | SOLE |
| 750491102 | RDNT | RADNET INC | $1.8M | 1.10% | 25,000 | Common | SOLE |
| 90291C201 | USAU | US GOLD CORP | $1.6M | 0.96% | 80,000 | Common | SOLE |
| 656811106 | NOA | NORTH AMERICAN CONSTRUCTION GROUP LTD | $1.3M | 0.78% | 87,699 | Common | SOLE |
| 88831L202 | TII | TITAN MINING CORP | $1.1M | 0.65% | 374,858 | Common | SOLE |
| 01444V103 | ANNA | ALEANNA INC | $81,339 | 0.05% | 28,283 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.