NewGen Asset Management Ltd expanded and adjusted its holdings across several U.S.-listed and international names in the first quarter, beginning with Enerflex, where the firm reduced its stake by 6.4 to 736,744 shares, valued at about $15.4 million, making Enerflex roughly 6% of its portfolio and the fourth-largest position. The firm also established a new position in Palmer Square Capital BDC Inc., buying 73,684 shares worth around $720,000, which comprises about 0.3% of its portfolio and places the stock as its 20th-largest holding. In the same period, NewGen disclosed a new Docebo Inc. stake of 89,172 shares valued at approximately $1.56 million, representing about 0.6% of its portfolio and ranking as the 17th-largest holding. Docebo attracted attention from other major investors as well, with several funds increasing or adjusting their stakes during prior quarters, illustrating a broader rebalancing in the stock. Overall, NewGen Asset Management’s activity across Enerflex, Palmer Square Capital BDC, and Docebo shows a pattern of selective additions to smaller to mid-sized positions while trimming a larger, more established holding. The disclosures underscore NewGen’s ongoing strategy of diversifying across mid-cap equities and alternative credit-related vehicles while keeping notable positions in its core portfolio intact.