SEC 13F Intelligence

Managers / Q2 2020 · view latest →

NEW GENERATION ADVISORS, LLC

CIK 0001107211 · 13 ELM STREET, SUITE 2, MANCHESTER, MA, 01944 · 978-704-6200

Reported Value
$39M
Q2 2020
Positions
23
Filings on Record
7
2019–present window
Filed
Aug 14, 2020
original filing

Summary

New Generation Advisors, LLC reported $39M in U.S.-listed holdings across 23 positions for Q2 2020.

Its largest position, GNW, represents 15.6% of the portfolio.

Compared with Q1 2020, the fund opened 4 new positions and exited 1.

Portfolio Metrics

Turnover
+16.9%
vs prior filed quarter
Top-10 Concentration
+74.5%
share of reported value
Largest Position
+15.6%
Genworth Financial
New / Exited
4 / 1
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q1 ’19: $142MQ1 ’19Q2 ’19: $127MQ2 ’19Q3 ’19: $107MQ3 ’19Q4 ’19: $89MQ4 ’19Q1 ’20: $33MQ1 ’20Q2 ’20: $39MQ2 ’20Q3 ’20: $46MQ3 ’20filingsflow.com

Portfolio Composition

By security type
Common Stock: 82.7%Other: 8.2%REIT: 6.7%PUBLIC: 2.5%
  • Common Stock · 82.7% · $33M
  • Other · 8.2% · $3M
  • REIT · 6.7% · $3M
  • PUBLIC · 2.5% · $969,000

Quarter-over-Quarter Changes full breakdown →

vs Q1 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
NATIONAL CINEMEDIA INCNEW+973.3K973.3K+$3M$3M
EPREPR PROPERTIESNEW+80.0K80.0K+$3M$3M
IMAXIMAX CORPNEW+169.3K169.3K+$2M$2M
EPR PROPERTIES CONV PFD USD1.4375NEW+53.2K53.2K+$969,000$969,000
URBAN ONE INCSOLD OUT−443.9K0−$422,000$0
BATLBATTALION OIL CORPTRIMMED−92.1K9.5K−$385,000$90,000
BXCBLUELINX HLDGS INCTRIMMED−334.0K218.8K−$861,000$2M
BONANZA CREEK ENERGY, INCTRIMMED−32.1K55.1K−$165,000$816,000

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2020

21 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GNWGENWORTH FINANCIAL INChistory →CL A15.63%$6M2.67M
2CORNERSTONE BUILDING BRANDS INCCOMMON8.84%$3M575.7K
3OSGAMBAC FINANCIAL GROUP, INChistory →COMMON8.23%$3M226.8K
4GLOBALSTAR, INCCOMMON7.86%$3M9.50M
5NATIONAL CINEMEDIA INCCOMMON7.32%$3M973.3K
6EPREPR PROPERTIEShistory →COMMON6.71%$3M80.0K
7CIVEO CORPCOMMON5.81%$2M3.72M
8IMAXIMAX CORPhistory →COMMON4.81%$2M169.3K
9BXCBLUELINX HLDGS INChistory →COMMON4.75%$2M218.8K
10PCGP G & E CORPhistory →COMMON4.58%$2M203.9K
11IHRTIHEARTMEDIA, INChistory →CL A2.95%$1M139.3K
12PENN VIRGINIA CORPCOMMON2.93%$1M121.3K
13SDSANDRIDGE ENERGY, INChistory →COMMON2.83%$1M865.4K
14EPR PROPERTIES CONV PFD USD1.4375CL C2.45%$969,00053.2K
15BONANZA CREEK ENERGY, INCCOMMON2.07%$816,00055.1K
16CMLSQCUMULUS MEDIA INChistory →CL A1.93%$760,000192.4K
17TTITETRA TECHNOLOGIES INChistory →COMMON1.57%$619,0001.16M
18AMPYAMPLIFY ENERGYhistory →COMMON1.22%$481,000391.4K
19SILVERBOW RESOURCES, INCCOMMON1.21%$477,000148.7K
20INTELSAT S.A.COMMON0.82%$325,000601.1K
21BATLBATTALION OIL CORPCOMMON0.23%$90,0009.5K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q3 2020$46M22Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$39M23Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$33M20May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$89M21Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$107M28Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$127M32Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$142M33May 15, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.