What smart money is saying about NexGen Energy

Position history

Every position in NexGen Energy on record in the archive was reported in Q2 2026, across 1 fund letter, with no move described.

Bought and Sold count moves: the same sentence published by several funds of one house in a quarter counts once.

Fund activity · 1 position

• HoldsPolen Capital International Small Cap Equity

  June 2026

  “Strategy performance was partially offset by several holdings affected by industry-specific headwinds. NexGen Energy, a Canada-based uranium developer, continued to advance its uranium mining project following regulatory approval; however, its share price remained correlated with uranium prices, which were down to flat during the quarter. 3 Portfolio Performance & Attribution (continued) Nippon Avionics, a prime contractor to Japan’s Defense Agency that provides information systems equipment, continued to benefit from Japan’s expanding defense budget but faced growing pains related to production capacity and labor shortages. IHI Corporation, a Japanese industrial conglomerate, continued to execute the final phase of its structural reform program by exiting lower-growth, lower-margin businesses and reinvesting in higher- growth aerospace, defense, and energy businesses. The stock was also weighed down by market concerns that its highly profitable commercial aerospace segment could be affected by a potential jet fuel shortage related to the Middle East conflict, which ultimately did not materialize. Although these stocks underperformed during the quarter, we continue to hold them because our longer-term investment case for each remains intact, and the valuation gap has become more favorable.”

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  NexGen Energy