PenderFund Capital Management

PenderFund Capital Management as of March 31, 2026

Portfolio Holdings for PenderFund Capital Management

PenderFund Capital Management holds 253 positions in its portfolio as reported in the March 2026 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
First Majestic Silver Corp Note 0.375% 1/1 (Principal) 8.5 $54M 39M 1.41
Northern Oil & Gas Note 3.625% 4/1 (Principal) 7.8 $50M 45M 1.12
Fluence Energy Note 2.250% 6/1 (Principal) 6.0 $38M 37M 1.02
Southern Note 4.500% 6/1 (Principal) 5.3 $34M 30M 1.13
Nio Note 4.625%10/1 (Principal) 4.6 $30M 29M 1.02
Equinox Gold Corp Note 4.750%10/1 (Principal) 4.6 $29M 12M 2.44
Abrdn Platinum Etf Trust Physcl Platm Shs (PPLT) 4.5 $29M 160k 178.23
Duke Energy Corp Note 4.125% 4/1 (Principal) 4.4 $28M 25M 1.12
Nio Note 3.875%10/1 (Principal) 4.1 $26M 25M 1.04
Ppl Cap Fdg Note 2.875% 3/1 (Principal) 4.0 $26M 22M 1.17
Evolent Health Note 3.500%12/0 (Principal) 3.6 $23M 42M 0.54
Wolfspeed Note 2.500% 6/1 (Principal) 2.6 $16M 11M 1.44
Teucrium Commodity Tr Corn Fd Shs (CORN) 2.3 $15M 804k 18.40
Cardlytics Note 4.250% 4/0 (Principal) 2.1 $14M 48M 0.28
Telesat Corp Cl A & Cl B Shs (TSAT) 2.1 $13M 371k 35.42
Equinox Gold Corp equities (EQX) 1.8 $12M 813k 14.44
Meritage Homes Corp Note 1.750% 5/1 (Principal) 1.8 $12M 12M 0.97
Sangoma Technologies Corp Com New (SANG) 1.7 $11M 2.8M 3.94
Mda-tc (MDALF) 1.7 $11M 436k 25.33
PAR Technology Corporation (PAR) 1.7 $11M 813k 13.33
Esperion Therapeutics (ESPR) 1.7 $11M 3.9M 2.74
Opko Health Note 3.750% 1/1 (Principal) 1.4 $9.2M 7.3M 1.25
Wstrn Ast Clymr Infltn Lkd Opts & Inc (WIW) 1.4 $8.7M 1.0M 8.46
Txnm Energy Note 5.750% 6/0 (Principal) 1.2 $8.0M 5.9M 1.35
Evolent Health Debt 4.500% 8/1 (Principal) 1.2 $7.9M 16M 0.51
Alibaba Group Hldg Note 0.500% 6/0 (Principal) 1.1 $7.0M 5.0M 1.39
Super Micro Computer Note 2.250% 7/1 (Principal) 0.8 $5.3M 6.0M 0.88
Par Technology Corp Note 1.500%10/1 (Principal) 0.7 $4.7M 5.0M 0.93
Adecoagro S A (AGRO) 0.6 $3.8M 250k 15.02
Blue Moon Metals Ord (BMOOF) 0.6 $3.7M 565k 6.48
Highlander Silver Corp 0.5 $3.4M 588k 5.84
Nexgen Energy (NXE) 0.5 $3.1M 263k 11.60
Clarivate Ord Shs (CLVT) 0.4 $2.8M 1.1M 2.53
Kkr & Co (KKR) 0.4 $2.7M 29k 92.50
Teucrium Commodity Tr Soybean Fd (SOYB) 0.4 $2.4M 100k 24.40
Burford Capital Ord Shs (BUR) 0.4 $2.3M 498k 4.52
Generac Holdings (GNRC) 0.3 $2.1M 11k 195.33
Fluor Corporation (FLR) 0.3 $2.1M 45k 46.65
Deckers Outdoor Corporation (DECK) 0.3 $2.1M 21k 100.09
Standardaero (SARO) 0.3 $2.1M 81k 25.83
Maplebear (CART) 0.3 $2.1M 56k 37.46
Dollar Tree (DLTR) 0.3 $2.0M 19k 109.51
Morgan Stanley Emerging Markets Domestic (EDD) 0.3 $2.0M 400k 5.07
Addus Homecare Corp (ADUS) 0.3 $1.7M 19k 93.65
Isoenergy Com New (ISOU) 0.2 $1.5M 145k 10.60
Shopify Cl A Sub Vtg Shs (SHOP) 0.2 $1.5M 13k 118.65
Brookfield Corp Cl A Ltd Vt Sh (BN) 0.2 $1.4M 36k 40.52
Stoneco Com Cl A (STNE) 0.2 $1.4M 100k 14.12
Booz Allen Hamilton Hldg Cor Cl A (BAH) 0.2 $1.4M 18k 78.03
International Flavors & Fragrances (IFF) 0.2 $1.3M 18k 72.55
Cenovus Energy (CVE) 0.2 $1.1M 40k 26.54
Hexcel Corporation (HXL) 0.2 $1.0M 13k 80.93
Markel Corporation (MKL) 0.2 $990k 517.00 1914.07
Brookfield Renewable Energy Partnership Unit (BEP) 0.2 $979k 30k 32.62
Wheaton Precious Metals Corp (WPM) 0.2 $971k 7.4k 131.26
Evercore Class A (EVR) 0.1 $925k 3.1k 298.51
Danaher Corporation (DHR) 0.1 $891k 4.7k 189.60
Boyd Group Services (BGSI) 0.1 $881k 6.9k 127.66
Nathan's Famous (NATH) 0.1 $866k 8.6k 100.73
Microsoft Corporation (MSFT) 0.1 $851k 2.3k 370.17
Baidu Spon Adr Rep A (BIDU) 0.1 $847k 7.6k 111.42
Western Asset Inflt Lnk Com Sh Ben Int (WIA) 0.1 $836k 104k 8.05
Amphenol Corp Cl A (APH) 0.1 $708k 5.6k 126.35
Chart Industries (GTLS) 0.1 $641k 3.1k 206.75
Caterpillar (CAT) 0.1 $638k 900.00 708.46
Ssr Mining (SSRM) 0.1 $635k 22k 29.40
Warner Bros Discovery Com Ser A (WBD) 0.1 $612k 22k 27.46
Hologic 0.1 $605k 8.0k 75.59
Amicus Therapeutics (FOLD) 0.1 $594k 41k 14.46
Maravai Lifesciences Hldgs I Com Cl A (MRVI) 0.1 $580k 205k 2.83
Day One Biopharmaceuticals I (DAWN) 0.1 $575k 27k 21.44
Ats (ATS) 0.1 $564k 20k 28.19
Air Lease Corp Cl A 0.1 $554k 8.5k 64.94
Green Dot Corp Cl A (GDOT) 0.1 $540k 48k 11.22
Microchip Technology (MCHP) 0.1 $500k 7.7k 64.61
Drugs Made In Amer Acq Ii Usd Ord Shs (DMII) 0.1 $496k 50k 9.98
Waste Connections (WCN) 0.1 $487k 3.0k 162.48
Bel Fuse Cl A (BELFA) 0.1 $487k 2.7k 180.20
Talen Energy Corp (TLN) 0.1 $479k 1.5k 319.23
Western Copper And Gold Cor (WRN) 0.1 $472k 186k 2.54
Kore Group Hldgs Com New (KORE) 0.1 $471k 52k 9.02
Select Medical Holdings Corporation (SEM) 0.1 $468k 29k 16.29
Ncr Atleos Corporation Com Shs (NATL) 0.1 $466k 11k 43.58
Tri Pointe Homes (TPH) 0.1 $463k 9.9k 46.73
Digitalbridge Group Cl A New (DBRG) 0.1 $458k 30k 15.42
Kennedy-Wilson Holdings (KW) 0.1 $457k 42k 10.82
Amc Networks Note 4.250% 2/1 (Principal) 0.1 $449k 501k 0.90
Sizzle Acquisition Corp. Ii Usd Cl A Ord Shs (SZZL) 0.1 $448k 44k 10.26
Janus Henderson Group Ord Shs (JHG) 0.1 $447k 8.7k 51.37
Arm Holdings Sponsored Ads (ARM) 0.1 $424k 2.8k 151.28
Wolfspeed Common Stock (WOLF) 0.1 $406k 25k 16.31
Xenon Pharmaceuticals (XENE) 0.1 $398k 6.9k 58.15
Golden Entmt (GDEN) 0.1 $397k 15k 26.69
Webster Financial Corporation (WBS) 0.1 $396k 5.7k 69.42
Great Lakes Dredge & Dock Corporation 0.1 $394k 23k 17.00
Intuit (INTU) 0.1 $389k 900.00 432.38
Servicenow (NOW) 0.1 $387k 3.7k 104.55
Penumbra (PEN) 0.1 $384k 1.2k 328.37
Titan Acquisition Corp Cl A (TACH) 0.1 $378k 37k 10.33
Thayer Ventures Acq Corp Ii Cl A (TVAI) 0.1 $368k 36k 10.23
Adobe Systems Incorporated (ADBE) 0.1 $365k 1.5k 243.08
Clear Channel Outdoor Holdings (CCO) 0.1 $362k 153k 2.37
Peakstone Realty Trust Common Shares (PKST) 0.1 $345k 17k 20.89
Semrush Hldgs Cl A Com (SEMR) 0.1 $344k 29k 11.94
Blue Foundry Bancorp 0.1 $342k 26k 13.24
Launch One Acquisition Corp Shs Class A (LPAA) 0.1 $336k 31k 10.71
Arcellx Common Stock (ACLX) 0.1 $333k 2.9k 114.82
Ihs Holding Ord Shs (IHS) 0.1 $332k 40k 8.23
Integra Res Corp (ITRG) 0.1 $324k 120k 2.70
Astrazeneca Ord (AZN) 0.1 $323k 1.7k 193.72
Fonar Corp Com New (FONR) 0.1 $321k 17k 18.56
Jabil Circuit (JBL) 0.1 $321k 1.2k 265.63
CSG Systems International (CSGS) 0.1 $320k 4.0k 79.94
PNM Resources (TXNM) 0.0 $316k 5.4k 58.46
Soulpower Acquisition Corp Usd Cl A Ord Shs (SOUL) 0.0 $308k 30k 10.25
On24 0.0 $304k 38k 8.10
Clearwater Analytics Hldgs I Cl A (CWAN) 0.0 $303k 13k 23.65
D. Boral Arc Acq I Corp. Shs Cl A (BCAR) 0.0 $298k 29k 10.12
Diamond Hill Invt Group Com New (DHIL) 0.0 $294k 1.7k 172.10
ProAssurance Corporation (PRA) 0.0 $279k 11k 24.72
Vine Hill Cap Invt Corp. Ord Shs Cl A 0.0 $275k 25k 11.00
Zim Integrated Shipping Serv SHS (ZIM) 0.0 $261k 9.9k 26.35
Solarius Capital Acqu Corp Shs Cl A (SOCA) 0.0 $259k 25k 10.18
Idea Acquisition Corp Unit 01/06/2031 (IACOU) 0.0 $248k 25k 9.91
Vine Hill Cap Invts Corp Ii Cl A 0.0 $248k 25k 9.90
Copa Holdings Sa Cl A (CPA) 0.0 $239k 2.1k 113.61
International Money Express (IMXI) 0.0 $239k 15k 15.80
Lisata Therapeutics (LSTA) 0.0 $238k 48k 5.01
Cartesian Growth Corp Iii Com Cl A (CGCT) 0.0 $233k 23k 10.25
Blue Wtr Acquisition Corp. I Ord Shs Cl A (BLUW) 0.0 $232k 23k 10.29
Renatus Tactical Acquis Shs Cl A (RTAC) 0.0 $231k 23k 10.28
AES Corporation (AES) 0.0 $231k 16k 14.09
Sunopta (STKL) 0.0 $229k 35k 6.48
Enhabit Ord (EHAB) 0.0 $223k 16k 14.09
Thermon Group Holdings (THR) 0.0 $222k 4.4k 50.40
Mack-Cali Realty (VRE) 0.0 $219k 12k 18.87
Sim Acquisition Corp. I Shs Cl A (SIMA) 0.0 $219k 20k 10.73
Ero Copper Corp (ERO) 0.0 $210k 7.9k 26.67
Silicon Laboratories (SLAB) 0.0 $208k 1.0k 208.15
Eqv Ventures Ac Corp. Ii Ord Shs Cl A (EVAC) 0.0 $204k 20k 10.09
Lensar (LNSR) 0.0 $199k 33k 5.96
Mister Car Wash (MCW) 0.0 $198k 28k 6.97
Northwestern Energy Group In Com New (NWE) 0.0 $191k 2.9k 65.94
Talkspace (TALK) 0.0 $191k 37k 5.17
LSI Industries (LYTS) 0.0 $189k 10k 18.60
Brighthouse Finl (BHF) 0.0 $186k 3.1k 59.88
Highview Merger Corp Ord Sh Cl A (HVMC) 0.0 $181k 18k 10.05
Wen Acquisition Corp Com Cl A (WENN) 0.0 $179k 18k 10.18
Range Cap Acquisition Corp I Cl A Ord Shs (RNGT) 0.0 $173k 17k 10.00
Armada Acquisition Corp Iii Unit 02/13/2031 0.0 $160k 16k 9.99
Pioneer Acquisition I Corp Cl A Ord Shs (PACH) 0.0 $154k 15k 10.16
Mckinley Acquisition Corp Shs Cl A (MKLY) 0.0 $150k 15k 10.06
X3 Acquisition Corp Ord Shs Cl A 0.0 $148k 15k 9.84
Advisorshares Tr Pure Us Cannabis (MSOS) 0.0 $144k 41k 3.55
Americas Gold And Silver Cor Com New (USAS) 0.0 $139k 27k 5.22
New Providence Acquisition C Usd Cl A Ord Shs (NPAC) 0.0 $130k 13k 10.26
Fidelity Natl Finl Com Shs (FNF) 0.0 $125k 2.7k 46.38
Best Spac I Acquisition Corp Usd Cl A Ord Shs (BSAA) 0.0 $121k 12k 10.24
Republic Digital Acquisition Usd Cl A Ord Shs (RDAG) 0.0 $108k 11k 10.22
Graf Global Corp Ord Shs Cl A (GRAF) 0.0 $107k 10k 10.71
M3-brigade Acquisition Vi Ord Shs Cl A (MBVI) 0.0 $104k 10k 10.05
Lightwave Acquisition Corp Usd Cl A Ord Shs (LWAC) 0.0 $103k 10k 10.13
Cantor Equity Partners Iv In Shs Cl A (CEPF) 0.0 $102k 10k 10.19
Bain Cap Gss Invt Corp Ord Cl A (BCSS) 0.0 $101k 10k 10.11
Chenghe Acquisition Iii Ord Shs Cl A (CHEC) 0.0 $101k 10k 10.09
Trailblazer Acquisition Corp Ord Shs Cl A (BLZR) 0.0 $101k 10k 10.05
Galata Acquisition Corp Ii Ord Shs Cl A (LATA) 0.0 $100k 10k 9.99
Cambridge Acquisition Corp Unit 01/30/2031 0.0 $100k 10k 9.96
Ithax Acquisition Corp Iii Usd Cl A Ord Shs 0.0 $99k 10k 9.90
Voyager Acquisition Corp Cl A (VACH) 0.0 $99k 7.9k 12.49
Onestream Cl A 0.0 $94k 3.9k 24.00
Oxley Bridge Acq Usd Cl A Ord Shs (OBA) 0.0 $92k 9.1k 10.13
Figx Cap Acquisition Corp. Usd Cl A Ord Shs (FIGX) 0.0 $91k 9.0k 10.13
Tredegar Corporation (TG) 0.0 $89k 11k 7.95
United Security Bancshares 0.0 $87k 8.3k 10.51
Fifth Era Acquisition Corp I Ord Shs Cl A (FERA) 0.0 $85k 8.2k 10.32
Amplify Etf Tr Altrntv Harv Etf (MJ) 0.0 $83k 3.6k 23.02
Perimeter Acquisition Corp I Com Cl A (PMTR) 0.0 $82k 8.0k 10.25
Monro Muffler Brake (MNRO) 0.0 $80k 5.0k 16.04
Cantor Equity Partners Iii I Shs Cl A (CAEP) 0.0 $74k 7.2k 10.31
Hcm Iii Acquisition Corp Ord Shs Cl A (HCMA) 0.0 $73k 7.2k 10.10
Paypal Holdings (PYPL) 0.0 $72k 1.6k 45.23
Jfrog Ord Shs (FROG) 0.0 $70k 1.5k 46.93
Gitlab Class A Com (GTLB) 0.0 $65k 3.0k 21.64
Profound Med Corp Com New (PROF) 0.0 $60k 9.4k 6.40
Inflection Pt Acquisition Cl A Ord Shs (IPCX) 0.0 $51k 5.0k 10.21
1rt Acquisition Corp. Usd Cl A Ord Shs (ONCH) 0.0 $51k 5.0k 10.14
Cantor Equity Partners Vi In Cl A Ord Shs (CEPS) 0.0 $51k 5.0k 10.12
Cantor Equity Partners V Shs Cl A S (CEPV) 0.0 $51k 5.0k 10.10
Futurecrest Acquisition Corp Cl A Ord Shs (FCRS) 0.0 $50k 5.0k 10.06
Spartacus Acquisition Corp I Unit 01/30/2031 0.0 $50k 5.0k 10.04
Leapfrog Acquisition Corp Cl A Ord Shs 0.0 $50k 5.0k 9.93
American Drive Acquisition C Usd Cl A Ord Shs 0.0 $50k 5.0k 9.90
Crane Hbr Acquisition Corp I Ord Shs Cl A 0.0 $50k 5.0k 9.90
Launchpad Cadenza Acqu Corp Usd Cl A Ord Shs 0.0 $50k 5.0k 9.90
Social Comm Partners Corp Ord Shs Cl A 0.0 $50k 5.0k 9.90
Activate Energy Acquisit Cor Cl A Ord Shs 0.0 $50k 5.0k 9.89
Aldabra 4 Lqdty Opp Veh Cl A Ord Shs 0.0 $50k 5.0k 9.89
Iron Horse Acquisit Ii Corp 0.0 $49k 5.0k 9.87
Soren Acquisition Corp Usd Cl A Ord Shs 0.0 $49k 5.0k 9.87
Mountain Lake Acquisit Corp Usd Cl A Ord Shs 0.0 $49k 5.0k 9.85
Modine Manufacturing (MOD) 0.0 $46k 210.00 216.71
Uranium Energy (UEC) 0.0 $45k 3.3k 13.50
Linkbancorp (LNKB) 0.0 $43k 5.2k 8.34
Verisign (VRSN) 0.0 $39k 155.00 248.36
Lauder Estee Cos Cl A (EL) 0.0 $36k 500.00 71.77
Genpact SHS (G) 0.0 $35k 930.00 37.25
Rambus (RMBS) 0.0 $34k 400.00 86.03
Mercury General Corporation (MCY) 0.0 $34k 390.00 88.15
Itron (ITRI) 0.0 $34k 380.00 89.63
Antero Res (AR) 0.0 $30k 700.00 42.44
Brookfield Business Corp Cl A Sub Vtg Sh (BBUC) 0.0 $29k 925.00 31.64
Euronet Worldwide (EEFT) 0.0 $29k 440.00 66.37
Churchill Cap Corp Xi Cl A Ord Shs 0.0 $25k 2.5k 10.17
Otg Acquisition Corp. I Ord Cl A (OTGA) 0.0 $25k 2.5k 10.06
Cooper Cos (COO) 0.0 $22k 300.00 71.50
Mayfair Gold Corp Com New 0.0 $18k 5.8k 3.09
FactSet Research Systems (FDS) 0.0 $15k 70.00 216.99
Miluna Acquisition Corp Usd Cl A Ord Shs (MMTX) 0.0 $14k 1.4k 10.01
Atrium Therapeutics (RNA) 0.0 $6.6k 490.00 13.37
Cartesian Growth Corp Iii *w Exp 05/02/203 (CGCTW) 0.0 $6.5k 9.1k 0.72
Drugs Made In Amer Acq Ii Right 09/16/2030 (DMIIR) 0.0 $4.0k 50k 0.08
Encore Energy Corp Com New (EU) 0.0 $3.1k 1.7k 1.81
Vine Hill Cap Invts Corp Ii *w Exp 11/25/203 0.0 $3.0k 8.3k 0.37
Range Cap Acquisition Corp I *w Exp 09/29/203 (RNGTW) 0.0 $2.9k 8.7k 0.33
Highview Merger Corp *w Exp 07/24/203 (HVMCW) 0.0 $2.6k 9.0k 0.29
X3 Acquisition Corp *w Exp 12/19/203 0.0 $1.9k 7.5k 0.25
European Wax Ctr Class A Com (EWCZ) 0.0 $1.7k 300.00 5.78
Mckinley Acquisition Corp Right 07/25/2030 (MKLYR) 0.0 $1.6k 15k 0.11
Intercure Com New (INCR) 0.0 $1.5k 2.0k 0.75
Trailblazer Acquisition Corp *w Exp 09/30/203 (BLZRW) 0.0 $1.3k 3.3k 0.40
Bain Cap Gss Invt Corp *w Exp 01/01/202 (BCSS.WS) 0.0 $1.2k 2.0k 0.62
M3-brigade Acquisition Vi *w Exp 08/18/203 (MBVIW) 0.0 $1.2k 3.5k 0.34
Ithax Acquisition Corp Iii *w Exp 11/17/203 0.0 $1.1k 5.0k 0.21
Galata Acquisition Corp Ii *w Exp 09/12/203 (LATAW) 0.0 $999.933200 3.3k 0.30
Chenghe Acquisition Iii *w Exp 09/09/203 (CHECW) 0.0 $938.000000 5.0k 0.19
Crane Hbr Acquisition Corp I Right 12/09/2030 0.0 $919.000000 5.0k 0.18
Social Comm Partners Corp *w Exp 02/13/203 0.0 $775.000000 2.5k 0.31
Activate Energy Acquisit Cor *w Exp 11/10/203 0.0 $762.000000 2.5k 0.30
Futurecrest Acquisition Corp *w Exp 09/30/203 (FCRS.WS) 0.0 $738.000000 1.3k 0.59
Iron Horse Acquisit Ii Corp Right 07/11/2030 0.0 $675.000000 5.0k 0.14
Leapfrog Acquisition Corp *w Exp 11/10/203 0.0 $638.000000 2.5k 0.26
1rt Acquisition Corp. *w Exp 06/26/203 (ONCHW) 0.0 $556.000000 1.3k 0.44
Soren Acquisition Corp *w Exp 12/19/203 0.0 $532.953400 1.7k 0.32
Aldabra 4 Lqdty Opp Veh *w Exp 12/23/203 0.0 $500.966200 1.7k 0.30
American Drive Acquisition C *w Exp 02/06/203 0.0 $499.966600 1.7k 0.30
Launchpad Cadenza Acqu Corp *w Exp 12/15/203 0.0 $375.016600 1.7k 0.23
Otg Acquisition Corp. I *w Exp 09/05/203 (OTGAW) 0.0 $344.000000 1.3k 0.28
Mountain Lake Acquisit Corp *w Exp 01/21/203 0.0 $325.000000 2.5k 0.13
Churchill Cap Corp Xi *w Exp 12/10/203 0.0 $181.000000 250.00 0.72
Miluna Acquisition Corp *w Exp 09/29/203 (MMTXW) 0.0 $176.031200 1.4k 0.13
HNI Corporation (HNI) 0.0 $33.000000 1.00 33.00
Lanvin Group Holdings Limite *w Exp 01/14/202 (LANV.WS) 0.0 $28.000000 2.5k 0.01