PenderFund Capital Management Ltd.

CIK

1706164

Location

VANCOUVER, A1

Portfolio Value

Micro $2,291,748

Diversification

Diversified

Filing Date

Global Rank

#3,898 / 8,232 ▼ 206

Top Industry

Asset Management 11.3%

3Y Alpha vs SPY

-11.7%

Period ended 2 months ago

Filed May 15, 2026 · 29d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+29.4%

SPY

+76.5%

Annualised alpha

-11.9%

Max drawdown

−31.1%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

183 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

14.5%

−4.0 pts

Top 5

38.4%

−14.4 pts

Top 10

57.5%

−17.0 pts

HHI

468

Diversified−342

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	24.6%	$48,566,963	32
Financial Services	15.0%	$29,651,903	67
Unclassified	14.5%	$28,566,050	2
Industrials	12.1%	$23,876,098	16
Basic Materials	11.6%	$22,949,912	11
Healthcare	9.5%	$18,812,328	21
Consumer Cyclical	3.6%	$7,129,617	10
Consumer Defensive	3.1%	$6,050,433	5
Energy	2.9%	$5,719,754	6
Communication Services	1.2%	$2,291,748	4
Utilities	1.1%	$2,196,031	5
Real Estate	0.7%	$1,351,850	4

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
CLVT	Clarivate PLC	+592,600	1,113,600	$2,817,408
PAR	Par Technology Corp	+394,796	812,462	$10,830,118
WRN	Western Copper & Gold Corp	+117,645	186,145	$470,946
CART	Maplebear Inc.	+55,420	56,015	$2,098,321
ISOU	IsoEnergy Ltd.	+33,600	145,200	$1,530,408
FOLD	AMICUS THERAPEUTICS, INC.	+29,200	41,100	$594,306
GDOT	Green Dot Corp	+28,600	48,100	$539,682
KW	Kennedy-Wilson Holdings, Inc.	+21,000	42,200	$456,604
DECK	Deckers Outdoor Corp	+18,871	20,981	$2,099,988
ONTF	ON24 INC.	+18,600	37,500	$303,750
BAH	Booz Allen Hamilton Holding Corp	+17,270	17,620	$1,374,888
SEMR	SEMrush Holdings, Inc.	+10,805	28,828	$344,206
KKR	KKR & Co. Inc.	+9,600	29,340	$2,713,950
FONR	Fonar Corp	+9,200	17,300	$321,088
LNSR	LENSAR, Inc.	+8,781	33,381	$198,950
WIW	Western Asset Inflation-Linked Opportunities & Income Fund	+7,800	1,023,197	$8,656,246
WIA	Western Asset Inflation-Linked Income Fund	+7,500	103,800	$838,704
GDEN	NEW ROYAL HOLDCO I INC.	+6,355	14,855	$396,479
NXE	NexGen Energy Ltd.	+6,200	263,000	$3,050,800
CWAN	Clearwater Analytics Holdings, Inc.	+5,700	12,800	$302,720
WBD	Warner Bros. Discovery, Inc.	+5,500	22,300	$612,358
JHG	Janus Henderson Group PLC	+5,200	8,700	$446,919
BLFY	Blue Foundry Bancorp	+4,196	25,796	$341,539
HOLX	HOLOGIC INC	+3,600	8,000	$604,720
PRA	Proassurance Corp	+1,891	11,292	$279,138
No positions match the current search.

Trimmed

Positions the filer reduced

20 positions

Ticker	Company	Δ Shares	Shares	Value
EQX	Equinox Gold Corp.	−1,783,654	812,500	$11,748,750
ESPR	Esperion Therapeutics, Inc.	−500,000	3,891,926	$10,663,877
ERO	Ero Copper Corp.	−94,720	7,870	$209,892
PPLT	abrdn Platinum ETF Trust	−82,000	160,000	$28,516,800
TSAT	Telesat Corp	−38,600	371,153	$13,435,738
WBS	Webster Financial Corp	−32,138	5,700	$395,694
USAS	Americas Gold & Silver Corp	−26,700	26,700	$139,374
HXL	Hexcel Corp /De/	−18,825	12,898	$1,043,835
IFF	International Flavors & Fragrances Inc	−16,600	17,612	$1,277,750
MRVI	Maravai Lifesciences Holdings, Inc.	−15,500	205,000	$580,150
BN	BROOKFIELD Corp /ON/	−10,500	35,610	$1,441,136
MCHP	Microchip Technology Inc	−7,100	7,735	$499,758
BGSI	Boyd Group Services Inc.	−5,600	6,900	$882,234
SOCA	Solarius Capital Acquisition Corp.	−3,700	25,400	$258,318
FERA	Fifth Era Acquisition Corp I	−1,900	8,200	$84,460
NPAC	New Providence Acquisition Corp. III/Cayman	−1,065	12,700	$130,302
TXNM	Txnm Energy Inc	−800	5,400	$315,684
SANG	Sangoma Technologies Corp	−500	2,820,933	$10,945,220
AR	ANTERO RESOURCES Corp	−100	700	$29,708
JBL	Jabil Inc	−50	1,207	$320,615
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
MDA	MDA Space Ltd.	436,232	$11,045,394
BMM	Blue Moon Metals Inc.	565,298	$3,697,048
HSLV	Highlander Silver Corp.	587,800	$3,456,264
GNRC	Generac Holdings Inc.	10,850	$2,119,330
EDD	Morgan Stanley Emerging Markets Domestic Debt Fund, Inc.	400,000	$2,028,000
SHOP	Shopify Inc.	12,800	$1,518,336
WPM	Wheaton Precious Metals Corp.	7,400	$969,474
NATH	Nathans Famous, Inc.	8,600	$866,278
MSFT	Microsoft Corp	2,300	$851,391
APH	Amphenol Corp /De/	5,600	$707,560
CAT	Caterpillar Inc	900	$637,614
SSRM	Ssr Mining Inc.	21,594	$634,863
DAWN	Day One Biopharmaceuticals, Inc.	26,800	$574,592
DMII	Drugs Made In America Acquisition II Corp.	49,700	$495,509
KORE	KORE Group Holdings, Inc.	52,184	$470,699
SEM	Select Medical Holdings Corp	28,700	$467,523
NATL	NCR Atleos Corp	10,700	$466,306
TPH	Tri Pointe Homes, Inc.	9,900	$462,627
ARM	Arm Holdings PLC /Uk	2,800	$423,584
GLDD	Great Lakes Dredge & Dock CORP	23,200	$394,400
INTU	Intuit Inc.	900	$389,142
NOW	ServiceNow, Inc.	3,700	$386,835
PEN	Penumbra Inc	1,170	$384,192
ADBE	Adobe Inc.	1,500	$364,620
CCO	Clear Channel Outdoor Holdings, Inc.	152,700	$361,899
No positions match the current search.

Sold Out

Positions the filer fully exited

22 positions

Ticker	Company	Shares	Value
SLV	iShares Silver Trust	247,500	$15,943,950
PSLV	Sprott Physical Silver Trust	565,000	$13,362,250
LAD	Lithia Motors Inc	2,400	$797,592
CCJ	Cameco Corp	7,300	$667,877
NVDA	Nvidia Corp	3,500	$652,750
AAUC	Allied Gold Corp	27,000	$617,760
VZLA	Vizsla Silver Corp.	83,000	$454,010
AGI	Alamos Gold Inc	10,000	$385,800
CTLP	Cantaloupe, Inc.	30,800	$327,096
ON	On Semiconductor Corp	5,800	$314,070
TXN	Texas Instruments Inc	1,800	$312,282
MA	Mastercard Inc	500	$285,440
ASTL	Algoma Steel Group Inc.	50,000	$205,000
EM	Smart Share Global Ltd	131,500	$153,855
AMWD	American Woodmark Corp	1,800	$97,020
TGNA	TEGNA INC	4,500	$87,345
ONL	Orion Properties Inc.	37,000	$83,620
GOOS	Canada Goose Holdings Inc.	3,300	$42,735
BCE	Bce Inc	352	$8,384
FG	F&G Annuities & Life, Inc.	161	$4,966
BBT	Beacon Financial Corp	116	$3,058
UDMY	Udemy, Inc.	375	$2,193
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

4 positions · $2,291,748 total · Communication Services only · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
BIDU	Baidu, Inc. Communication Services	Held	7,600	0	$846,792	−14.7%	36.95%
WBD	Warner Bros. Discovery, Inc. Communication Services	Added	22,300	+5,500	$612,358	+26.5%	26.72%
KORE	KORE Group Holdings, Inc. Communication Services	NEW	52,184	NEW	$470,699	NEW	20.54%
CCO	Clear Channel Outdoor Holdings, Inc. Communication Services	NEW	152,700	NEW	$361,899	NEW	15.79%