Skip to content
Disclosery

NewGen Asset Management Ltd

Follow

13F filer, CIK 1845012, TORONTO, Ontario, Canada

NewGen Asset Management Ltd reported $161,997,488 across 23 holdings for the quarter ended 2025-12-31, in a 13F-HR filed 2026-02-17. Its ten largest share positions make up 77.63% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001845012-26-000001

Period
2025-12-31
Reported value
$162M
Holdings
23
Top 10 weight
77.63%
New
12
Sold out
18

Largest buys vs the previous quarter

SecurityShares changeApprox. value
CDEnew+717,800$12.8M
GILnew+98,798$6.17M
DSGXnew+70,000$6.14M
VZLAnew+900,000$4.92M
CVEnew+290,500$4.92M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
USASreduced-3,085,312-$15.8M
Bexited-425,000-$13.9M
IAGexited-780,000-$9.03M
UECexited-400,000-$6.05M
PPTAexited-245,000-$5.89M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q4 2025

Share positions as resolved from 13F-HR 0001845012-26-000001, largest first. % of portfolio is the value over $156,401,072, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
USASAMERICAS GOLD AND SILVER CORQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 9,285,312 shares; 2025Q4: 6,200,000 shares 6,200,000$31.7M20.26%-3,085,312Timeline
IAUX/WSI-80 GOLD CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 10,000,000 shares; 2025Q4: 10,011,000 shares 10,011,000$14.6M9.35%+11,000Timeline
CDECOEUR MNG INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 7,713,117 shares; 2024Q4: 800,000 shares; 2025Q1: 1,300,000 shares; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 717,800 shares 717,800$12.8M8.18%newTimeline
EFXTENERFLEX LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,395,355 shares; 2024Q4: 670,355 shares; 2025Q1: 543,644 shares; 2025Q2: 713,344 shares; 2025Q3: 713,344 shares; 2025Q4: 786,744 shares 786,744$12.1M7.76%+73,400Timeline
CCJCAMECO CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 192,000 shares; 2025Q3: 129,400 shares; 2025Q4: 124,900 shares 124,900$11.4M7.31%-4,500Timeline
BBBLACKBERRY LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 3,778,360 shares; 2025Q1: 1,700,000 shares; 2025Q2: 2,700,000 shares; 2025Q3: 2,800,000 shares; 2025Q4: 2,689,000 shares 2,689,000$10.2M6.52%-111,000Timeline
SLSRSOLARIS RES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 600,000 shares; 2025Q1: 1,200,000 shares; 2025Q2: 1,500,000 shares; 2025Q3: 1,648,200 shares; 2025Q4: 1,219,657 shares 1,219,657$9.78M6.25%-428,543Timeline
BEPBROOKFIELD RENEWABLE ENERGYQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 508,500 shares; 2024Q4: not reported; 2025Q1: 250,000 shares; 2025Q2: 241,900 shares; 2025Q3: 239,500 shares; 2025Q4: 239,500 shares 239,500$6.47M4.14%0Timeline
GILGILDAN ACTIVEWEAR INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 98,798 shares 98,798$6.17M3.95%newTimeline
DSGXDESCARTES SYS GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 70,000 shares 70,000$6.14M3.93%newTimeline
BAMBROOKFIELD ASSET MANAGMT LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 75,000 shares; 2025Q4: 100,000 shares 100,000$5.24M3.35%+25,000Timeline
VZLAVIZSLA SILVER CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 900,000 shares 900,000$4.92M3.15%newTimeline
CVECENOVUS ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 300,000 shares; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 290,500 shares 290,500$4.92M3.14%newTimeline
BGSIBOYD GROUP SERVICES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 27,300 shares 27,300$4.35M2.78%newTimeline
ENBENBRIDGE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 115,000 shares; 2024Q4: 115,000 shares; 2025Q1: 115,000 shares; 2025Q2: 90,000 shares; 2025Q3: 90,000 shares; 2025Q4: 90,000 shares 90,000$4.3M2.75%0Timeline
TRSTRIMAS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 99,500 shares 99,500$3.53M2.26%newTimeline
CHACCRANE HARBOR ACQU CORP - AQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 185,300 shares 185,300$2M1.28%newTimeline
RDNTRADNET INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 29,070 shares; 2024Q4: 43,200 shares; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 25,000 shares 25,000$1.78M1.14%newTimeline
USAUU S GOLD CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 80,000 shares 80,000$1.55M0.99%newTimeline
NOANORTH AMERN CONSTR GROUP LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 209,180 shares; 2024Q4: not reported; 2025Q1: 150,000 shares; 2025Q2: not reported; 2025Q3: 302,908 shares; 2025Q4: 87,699 shares 87,699$1.26M0.81%-215,209Timeline
TIITITAN MNG CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 374,858 shares 374,858$1.05M0.67%newTimeline
ANNAALEANNA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 28,283 shares; 2025Q1: 28,283 shares; 2025Q2: 28,283 shares; 2025Q3: 28,283 shares; 2025Q4: 28,283 shares 28,283$81.3K0.05%0Timeline

Options

Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).

SecurityTypeAmountValueChange
GILGILDAN ACTIVEWEAR INC Stockcall89,600$5.6Mnew

Sold out in Q4 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
SPYSTATE STR SPDR S&P 500 ETF T100,000$68.2Mput
QQQINVESCO QQQ TR100,000$62.9Mput
HYGISHARES TR600,000$48.5Mput
SLVISHARES SILVER TR500,000$22Mcall
BBARRICK MNG CORP425,000$13.9Mshares
IAGIAMGOLD CORP780,000$9.03Mshares
CGAUCENTERRA GOLD INC600,000$7.03Mcall
UECURANIUM ENERGY CORP400,000$6.05Mshares
PPTAPERPETUA RESOURCES CORP245,000$5.89Mshares
UECURANIUM ENERGY CORP354,900$5.37Mcall
NTSKNETSKOPE INC150,000$3.55Mshares
VOXRVOX ROYALTY CORP617,500$2.64Mshares
DEFTDEFI TECHNOLOGIES INC1,369,864$2.62Mshares
ASTLALGOMA STL GROUP INC246,097$1.03Mshares
CHEGG INCCHEGG INC1,002,000$884Kprincipal
LITSLITE STRATEGY INC300,000$627Kshares
POETPOET TECHNOLOGIES INC18,900$122Kshares
SUIGSUI GROUP HOLDINGS LIMITED1,300$3.87Kshares

How Q4 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001845012-26-000001 base2026-02-17acceptance time not in the bulk data set