Managers / Q1 2026
NewGen Asset Management Ltd
CIK 0001845012 · COMMERCE COURT NORTH, SUITE 2900, 25 KING STREET WEST, BOX 405, TORONTO, A6, M5L1G3 · 416-941-9111
Summary
Newgen Asset Management Ltd reported $259M in U.S.-listed holdings across 30 positions for Q1 2026.
Its largest position, HSLV, represents 11.1% of the portfolio.
Compared with Q4 2025, the fund opened 18 new positions and exited 11.
Portfolio Metrics
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. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- Common Stock · 60.9% · $158M
- ETP · 34.4% · $89M
- Other · 3.0% · $8M
- REIT · 1.7% · $4M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| STATE STREET SPDR S&P 500 ETF | NEW | +100.0K | 100.0K | +$65M | $65M |
| HSLVHIGHLANDER SILVER CORP | NEW | +4.90M | 4.90M | +$29M | $29M |
| ISHARES IBOXX USD HIGH YIELD CORPORATE BOND ETF | NEW | +300.0K | 300.0K | +$24M | $24M |
| MDAMDA SPACE LTD | NEW | +625.0K | 625.0K | +$16M | $16M |
| SSRMSSR MINING INC | NEW | +280.0K | 280.0K | +$8M | $8M |
| WFGWEST FRASER TIMBER CO LTD | NEW | +100.0K | 100.0K | +$7M | $7M |
| CAECAE, INC | NEW | +158.2K | 158.2K | +$4M | $4M |
| APOLLO COMMERCIAL REAL ESTATE FINANCE, INC | NEW | +305.7K | 305.7K | +$3M | $3M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2026
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $259M | 30 | May 8, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $162M | 23 | Feb 17, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025REVEALED | $349M | 49 | Aug 19, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $154M | 30 | Apr 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $110M | 30 | Feb 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $201M | 29 | Nov 4, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $230M | 29 | Jul 31, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $234M | 31 | May 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $195M | 26 | Feb 6, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $141M | 21 | Nov 1, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $182M | 24 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | Under review | 27 | May 15, 2023 | RESTATEMENT | changes · EDGAR ↗ |
| Q4 2022 | Under review | 22 | Feb 6, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $171M | 28 | Nov 8, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $158M | 22 | Jul 27, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $223M | 38 | Apr 22, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $165M | 28 | Feb 7, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $178M | 32 | Nov 2, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $265M | 46 | Jul 28, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $242M | 48 | May 6, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $74M | 31 | Feb 9, 2021 | 13F-HR | changes · 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 ↗.