Penderfund Capital Management Ltd.
Institutional manager — quarterly 13F holdings, Q ending 2026-03-31
Reported value
$638.6M
Q ending 2026-03-31
Prior quarter
$634.7M
Q ending 2025-12-31
Change
+0.6% QoQ · +74.0% YoY
Positions
253
reported holdings
Largest positions
Top 100 of 253 reported positions by value, Q ending 2026-03-31. A manager can hold shares, calls and puts on the same security at once — such positions are listed as separate rows. Type: Shares = common stock, Put/Call = option positions (valued at the underlying), Principal = debt. Tickers link to stock pages where covered.
| Holding | Ticker | Type | Value ▼ | Shares |
|---|---|---|---|---|
| First Majestic Silver Corp | AGCN 0.375 01/15/27 | Principal | $54.4M | 38.7M |
| Northern Oil & Gas Inc | NOG 3.625 04/15/29 | Principal | $49.7M | 44.5M |
| Fluence Energy Inc | FLNC 2.25 06/15/30 | Principal | $38.0M | 37.4M |
| Southern Co | SO 4.5 06/15/27 | Principal | $33.8M | 30.0M |
| Nio Inc | NIO 4.625 10/15/30 | Principal | $29.7M | 29.3M |
| Equinox Gold Corp | EQXCN 4.75 10/15/28 | Principal | $29.4M | 12.1M |
| Abrdn Platinum Etf Trust | PPLT | Shares | $28.5M | 160K |
| Duke Energy Corp New | DUK 4.125 04/15/26 | Principal | $28.1M | 25.0M |
| Nio Inc | NIO 3.875 10/15/29 | Principal | $26.2M | 25.2M |
| Ppl Cap Fdg Inc | PPL 2.875 03/15/28 | Principal | $25.8M | 22.0M |
| Evolent Health Inc | EVH 3.5 12/01/29 | Principal | $22.8M | 42.0M |
| Wolfspeed Inc | WOLF 2.5 06/15/31 | Principal | $16.3M | 11.3M |
| Teucrium Commodity Tr | CORN | Shares | $14.8M | 804K |
| Cardlytics Inc | CDLX 4.25 04/01/29 | Principal | $13.5M | 47.7M |
| Telesat Corp | TSAT | Shares | $13.1M | 371K |
| Equinox Gold Corp | EQX | Shares | $11.7M | 813K |
| Meritage Homes Corp | MTH 1.75 05/15/28 | Principal | $11.7M | 12.0M |
| Sangoma Technologies Corp | SANG | Shares | $11.1M | 2.8M |
| Mda Space Ltd | MDA | Shares | $11.1M | 436K |
| Par Technology Corp | PAR | Shares | $10.8M | 812K |
| Esperion Therapeutics Inc Ne | Shares | $10.7M | 3.9M | |
| Opko Health Inc | OPK 3.75 01/15/29 | Principal | $9.2M | 7.3M |
| Western Ast Infl Lkd Opp & I | WIW | Shares | $8.7M | 1.0M |
| Txnm Energy Inc | TXNM 5.75 06/01/54 | Principal | $8.0M | 5.9M |
| Evolent Health Inc | EVH 4.5 08/15/31 | Principal | $7.9M | 15.5M |
| Alibaba Group Hldg Ltd | BABA 0.5 06/01/31 | Principal | $7.0M | 5.0M |
| Super Micro Computer Inc | SMCI 2.25 07/15/28 | Principal | $5.3M | 6.0M |
| Par Technology Corp | PAR 1.5 10/15/27 | Principal | $4.7M | 5.0M |
| Adecoagro S A | Shares | $3.8M | 250K | |
| Blue Moon Metals Inc | BMM | Shares | $3.7M | 565K |
| Highlander Silver Corp | HSLV | Shares | $3.4M | 588K |
| Nexgen Energy Ltd | NXE | Shares | $3.1M | 263K |
| Clarivate Plc | Shares | $2.8M | 1.1M | |
| Kkr & Co Inc | KKR | Shares | $2.7M | 29K |
| Teucrium Commodity Tr | SOYB | Shares | $2.4M | 100K |
| Burford Capital Limited | Shares | $2.3M | 498K | |
| Generac Hldgs Inc | GNRC | Shares | $2.1M | 11K |
| Fluor Corp | FLR | Shares | $2.1M | 45K |
| Deckers Outdoor Corp | DECK | Shares | $2.1M | 21K |
| Standardaero Inc | SARO | Shares | $2.1M | 81K |
| Maplebear Inc | CART | Shares | $2.1M | 56K |
| Dollar Tree Inc | DLTR | Shares | $2.0M | 19K |
| Morgan Stanley Emerging Mkts | EDD | Shares | $2.0M | 400K |
| Addus Homecare Corp | ADUS | Shares | $1.7M | 18K |
| Isoenergy Ltd | ISOU | Shares | $1.5M | 145K |
| Shopify Inc | SHOP | Shares | $1.5M | 13K |
| Brookfield Corp | BN | Shares | $1.4M | 36K |
| Stoneco Ltd | Shares | $1.4M | 100K | |
| Booz Allen Hamilton Hldg Cor | BAH | Shares | $1.4M | 18K |
| International Flavors&Fragra | IFF | Shares | $1.3M | 18K |
| Cenovus Energy Inc | CVE | Shares | $1.1M | 40K |
| Hexcel Corp New | HXL | Shares | $1.0M | 13K |
| Markel Group Inc | MKL | Shares | $990K | 517 |
| Brookfield Renewable Energy | Shares | $979K | 30K | |
| Wheaton Precious Metals Corp | WPM | Shares | $971K | 7K |
| Evercore Inc | EVR | Shares | $925K | 3K |
| Danaher Corp Del | DHR | Shares | $891K | 5K |
| Boyd Group Services Inc | BGSI | Shares | $881K | 7K |
| Nathans Famous Inc | NATH | Shares | $866K | 9K |
| Microsoft Corp | MSFT | Shares | $851K | 2K |
| Baidu Inc | BIDU | Shares | $847K | 8K |
| Western Asset Inflt Lnk Inc | XWIAX | Shares | $836K | 104K |
| Amphenol Corp | APH | Shares | $708K | 6K |
| Chart Inds Inc | I3N | Shares | $641K | 3K |
| Caterpillar Inc | CAT | Shares | $638K | 900 |
| Ssr Mining In | SSRM | Shares | $635K | 22K |
| Warner Bros Discovery Inc | WBD | Shares | $612K | 22K |
| Hologic Inc | HOLX | Shares | $605K | 8K |
| Amicus Therapeutic | AM6 | Shares | $594K | 41K |
| Maravai Lifesciences Hldgs I | MRVI | Shares | $580K | 205K |
| Day One Biopharmaceuticals I | DAWNGBX | Shares | $575K | 27K |
| Ats Corporation | ATS | Shares | $564K | 20K |
| Air Lease Corp | AVLA | Shares | $554K | 9K |
| Green Dot Corp | GDOT | Shares | $540K | 48K |
| Microchip Technology Inc. | MCHP | Shares | $500K | 8K |
| Drugs Made In Amer Acq Ii Co | Shares | $496K | 50K | |
| Waste Connections Inc | WCN | Shares | $487K | 3K |
| Bel Fuse Inc | BELFA | Shares | $487K | 3K |
| Talen Energy Corp | TLN | Shares | $479K | 2K |
| Western Copper & Gold Corp | WRN | Shares | $472K | 186K |
| Kore Group Hldgs Inc | KORE | Shares | $471K | 52K |
| Select Med Hldgs Corp | Shares | $468K | 29K | |
| Ncr Atleos Corporation | NATL | Shares | $466K | 11K |
| Tri Pointe Homes Inc | T86 | Shares | $463K | 10K |
| Digitalbridge Group Inc | DBRG | Shares | $458K | 30K |
| Kennedy-Wilson Holdings Inc | Shares | $457K | 42K | |
| Amc Networks Inc | AMCX 4.25 02/15/29 * | Principal | $449K | 501K |
| Sizzle Acquisition Corp. Ii | Shares | $448K | 44K | |
| Janus Henderson Group Plc | Shares | $447K | 9K | |
| Arm Holdings Plc | ARM | Shares | $424K | 3K |
| Wolfspeed Inc | WOLF | Shares | $406K | 25K |
| Xenon Pharmaceuticals Inc | XENE | Shares | $398K | 7K |
| Golden Entmt Inc | GDEN | Shares | $396K | 15K |
| Webster Finl Corp | WBS | Shares | $396K | 6K |
| Great Lakes Dredge & Dock Co | GLDD | Shares | $394K | 23K |
| Intuit | INTU | Shares | $389K | 900 |
| Servicenow Inc | NOW | Shares | $387K | 4K |
| Penumbra Inc | PEN | Shares | $384K | 1K |
| Titan Acquisition Corp | Shares | $378K | 37K | |
| Thayer Ventures Acq Corp Ii | Shares | $368K | 36K |
Values as reported in public regulatory filings (USD); holdings are reported quarterly, up to 45 days after quarter end, and may contain reporting errors. Nothing here is investment advice.