PENDERFUND CAPITAL MANAGEMENT LTD.

Filed: 8/14/2024ACC: 0001706164-24-000003

📋 What this filing means

PENDERFUND CAPITAL MANAGEMENT LTD. filed this quarterly 13F‑HR report disclosing 126 equity positions with a total reported market value of $363.89M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

126

Positions

$363.89M

Total AUM (reported)

194.07M

Total Shares

Allocation by class

COM$85.92M23.6%

NOTE 4.000%11/1$51.86M14.3%

NOTE 0.375% 1/1$43.31M11.9%

COM NEW$28.49M7.8%

NOTE 0.500% 4/0$27.79M7.6%

NOTE 2.500% 4/0$23.60M6.5%

ORD SHS$14.37M3.9%

Portfolio Concentration

Top 3$122.96M33.8%

4–10$107.48M29.5%

11–25$83.81M23.0%

Rest$49.63M13.6%

Top 3 weight

33.8%

Top 10 weight

63.3%

Voting Authority Distribution

Total shares with voting rights: 194.07M

Sole

Full voting authority

194.07M

% of voting shares100.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

0.00

% of voting shares0.0%

Investment Discretion (by position count)

Sole126

Shared0

Other0

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings126

Rows:

ESPERION THERAPEUTICS INC NE

SOLE

NOTE 4.000%11/1

Shares40.43M

TypePRN

Market value$51.86M

14.25%

Sole

40.43M

Shared

0.00

None

0.00

FIRST MAJESTIC SILVER CORP

SOLE

NOTE 0.375% 1/1

Shares38.25M

TypePRN

Market value$43.31M

11.90%

Sole

38.25M

Shared

0.00

None

0.00

BANDWIDTH INC

SOLE

NOTE 0.500% 4/0

Shares26.70M

TypePRN

Market value$27.79M

7.64%

Sole

26.70M

Shared

0.00

None

0.00

SSR MINING IN

SOLE

NOTE 2.500% 4/0

Shares18.99M

TypePRN

Market value$23.60M

6.49%

Sole

18.99M

Shared

0.00

None

0.00

SANGOMA TECHNOLOGIES CORP

SOLE

COM NEW

Shares3.13M

TypeSH

Market value$21.18M

5.82%

Sole

3.13M

Shared

0.00

None

0.00

PAR TECHNOLOGY CORP

SOLE

COM

Shares268.31K

TypeSH

Market value$17.28M

4.75%

Sole

268.31K

Shared

0.00

None

0.00

BURFORD CAP LTD

SOLE

ORD SHS

Shares771.71K

TypeSH

Market value$13.78M

3.79%

Sole

771.71K

Shared

0.00

None

0.00

REVANCE THERAPEUTICS INC

SOLE

NOTE 1.750% 2/1

Shares12.50M

TypePRN

Market value$11.42M

3.14%

Sole

12.50M

Shared

0.00

None

0.00

CABLE ONE INC

SOLE

NOTE 1.125% 3/1

Shares10M

TypePRN

Market value$10.27M

2.82%

Sole

10M

Shared

0.00

None

0.00

NUVEEN QUALITY MUNCP INCOME

SOLE

COM

Shares619.90K

TypeSH

Market value$9.96M

2.74%

Sole

619.90K

Shared

0.00

None

0.00

ABRDN PLATINUM ETF TRUST

SOLE

PHYSCL PLATM SHS

Shares75K

TypeSH

Market value$9.39M

2.58%

Sole

75K

Shared

0.00

None

0.00

NUVEEN AMT FREE QLTY MUN INC

SOLE

COM

Shares515K

TypeSH

Market value$8.07M

2.22%

Sole

515K

Shared

0.00

None

0.00

DOCEBO INC

SOLE

COM

Shares117.82K

TypeSH

Market value$6.22M

1.71%

Sole

117.82K

Shared

0.00

None

0.00

NUVEEN MUNICIPAL CREDIT INC

SOLE

COM SH BEN INT

Shares365.50K

TypeSH

Market value$6.18M

1.70%

Sole

365.50K

Shared

0.00

None

0.00

CARDLYTICS INC

SOLE

NOTE 1.000% 9/1

Shares4.50M

TypePRN

Market value$5.74M

1.58%

Sole

4.50M

Shared

0.00

None

0.00

BEYOND MEAT INC

SOLE

NOTE 3/1

Shares19.55M

TypePRN

Market value$5.68M

1.56%

Sole

19.55M

Shared

0.00

None

0.00

MAGNITE INC

SOLE

NOTE 0.250% 3/1

Shares4.22M

TypePRN

Market value$5.28M

1.45%

Sole

4.22M

Shared

0.00

None

0.00

INTERACTIVE BROKERS GROUP IN

SOLE

COM CL A

Shares30.64K

TypeSH

Market value$5.14M

1.41%

Sole

30.64K

Shared

0.00

None

0.00

WESTERN AST INFL LKD OPP & I

SOLE

COM

Shares439.49K

TypeSH

Market value$5.12M

1.41%

Sole

439.49K

Shared

0.00

None

0.00

AVIAT NETWORKS INC

SOLE

COM NEW

Shares129.52K

TypeSH

Market value$5.08M

1.40%

Sole

129.52K

Shared

0.00

None

0.00

ZILLOW GROUP INC

SOLE

CL C CAP STK

Shares74.95K

TypeSH

Market value$4.76M

1.31%

Sole

74.95K

Shared

0.00

None

0.00

FORUM ENERGY TECHNOLOGIES IN

SOLE

COM

Shares199.12K

TypeSH

Market value$4.59M

1.26%

Sole

199.12K

Shared

0.00

None

0.00

KKR & CO INC

SOLE

COM

Shares31.42K

TypeSH

Market value$4.52M

1.24%

Sole

31.42K

Shared

0.00

None

0.00

EVENTBRITE INC

SOLE

NOTE 0.750% 9/1

Shares3.50M

TypePRN

Market value$4.13M

1.13%

Sole

3.50M

Shared

0.00

None

0.00

CLARIVATE PLC ORD SHS

SOLE

COM

Shares502.80K

TypeSH

Market value$3.91M

1.08%

Sole

502.80K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
ESPERION THERAPEUTICS INC NESOLE	NOTE 4.000%11/1	40.43M	PRN	$51.86M 14.25%	40.43M
FIRST MAJESTIC SILVER CORPSOLE	NOTE 0.375% 1/1	38.25M	PRN	$43.31M 11.90%	38.25M
BANDWIDTH INCSOLE	NOTE 0.500% 4/0	26.70M	PRN	$27.79M 7.64%	26.70M
SSR MINING INSOLE	NOTE 2.500% 4/0	18.99M	PRN	$23.60M 6.49%	18.99M
SANGOMA TECHNOLOGIES CORPSOLE	COM NEW	3.13M	SH	$21.18M 5.82%	3.13M
PAR TECHNOLOGY CORPSOLE	COM	268.31K	SH	$17.28M 4.75%	268.31K
BURFORD CAP LTDSOLE	ORD SHS	771.71K	SH	$13.78M 3.79%	771.71K
REVANCE THERAPEUTICS INCSOLE	NOTE 1.750% 2/1	12.50M	PRN	$11.42M 3.14%	12.50M
CABLE ONE INCSOLE	NOTE 1.125% 3/1	10M	PRN	$10.27M 2.82%	10M
NUVEEN QUALITY MUNCP INCOMESOLE	COM	619.90K	SH	$9.96M 2.74%	619.90K
ABRDN PLATINUM ETF TRUSTSOLE	PHYSCL PLATM SHS	75K	SH	$9.39M 2.58%	75K
NUVEEN AMT FREE QLTY MUN INCSOLE	COM	515K	SH	$8.07M 2.22%	515K
DOCEBO INCSOLE	COM	117.82K	SH	$6.22M 1.71%	117.82K
NUVEEN MUNICIPAL CREDIT INCSOLE	COM SH BEN INT	365.50K	SH	$6.18M 1.70%	365.50K
CARDLYTICS INCSOLE	NOTE 1.000% 9/1	4.50M	PRN	$5.74M 1.58%	4.50M
BEYOND MEAT INCSOLE	NOTE 3/1	19.55M	PRN	$5.68M 1.56%	19.55M
MAGNITE INCSOLE	NOTE 0.250% 3/1	4.22M	PRN	$5.28M 1.45%	4.22M
INTERACTIVE BROKERS GROUP INSOLE	COM CL A	30.64K	SH	$5.14M 1.41%	30.64K
WESTERN AST INFL LKD OPP & ISOLE	COM	439.49K	SH	$5.12M 1.41%	439.49K
AVIAT NETWORKS INCSOLE	COM NEW	129.52K	SH	$5.08M 1.40%	129.52K
ZILLOW GROUP INCSOLE	CL C CAP STK	74.95K	SH	$4.76M 1.31%	74.95K
FORUM ENERGY TECHNOLOGIES INSOLE	COM	199.12K	SH	$4.59M 1.26%	199.12K
KKR & CO INCSOLE	COM	31.42K	SH	$4.52M 1.24%	31.42K
EVENTBRITE INCSOLE	NOTE 0.750% 9/1	3.50M	PRN	$4.13M 1.13%	3.50M
CLARIVATE PLC ORD SHSSOLE	COM	502.80K	SH	$3.91M 1.08%	502.80K

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