Filed: 5/15/2025ACC: 0001706164-25-000002
📋 What this filing means
PENDERFUND CAPITAL MANAGEMENT LTD. filed this quarterly 13F‑HR report disclosing 142 equity positions with a total reported market value of $514.20M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
142
Positions
$514.20M
Total AUM (reported)
345.90M
Total Shares
Allocation by class
COM$89.14M17.3%
NOTE 0.375% 1/1$50.43M9.8%
NOTE 4.125% 4/1$34.95M6.8%
PHYSCL PLATM SHS$32.87M6.4%
NOTE 2.500% 4/0$32.11M6.2%
COM NEW$25.70M5.0%
NOTE 4.750%10/1$23.42M4.6%
Portfolio Concentration
Top 3$118.25M23.0%
4–10$155.58M30.3%
11–25$161.24M31.4%
Rest$79.14M15.4%
Top 3 weight
23.0%
Top 10 weight
53.3%
Voting Authority Distribution
Total shares with voting rights: 345.90M
Sole
Full voting authority
345.90M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole142
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings142
Rows:
FIRST MAJESTIC SILVER CORP
SOLEShares37.65M
TypePRN
Market value$50.43M
9.81%
Sole
37.65M
Shared
0.00
None
0.00
DUKE ENERGY CORP NEW
SOLEShares22M
TypePRN
Market value$34.95M
6.80%
Sole
22M
Shared
0.00
None
0.00
ABRDN PLATINUM ETF TRUST
SOLEShares250K
TypeSH
Market value$32.87M
6.39%
Sole
250K
Shared
0.00
None
0.00
SSR MINING IN
SOLEShares21.99M
TypePRN
Market value$32.11M
6.24%
Sole
21.99M
Shared
0.00
None
0.00
EQUINOX GOLD CORP
SOLEShares12.08M
TypePRN
Market value$23.42M
4.55%
Sole
12.08M
Shared
0.00
None
0.00
WOLFSPEED INC
SOLEShares25.33M
TypePRN
Market value$23.41M
4.55%
Sole
25.33M
Shared
0.00
None
0.00
SANGOMA TECHNOLOGIES CORP
SOLEShares3.48M
TypeSH
Market value$22.60M
4.39%
Sole
3.48M
Shared
0.00
None
0.00
PAR TECHNOLOGY CORP
SOLEShares206.91K
TypeSH
Market value$18.26M
3.55%
Sole
206.91K
Shared
0.00
None
0.00
NIO INC
SOLEShares16.77M
TypePRN
Market value$18.00M
3.50%
Sole
16.77M
Shared
0.00
None
0.00
PPL CAP FDG INC
SOLEShares11M
TypePRN
Market value$17.77M
3.46%
Sole
11M
Shared
0.00
None
0.00
NIO INC
SOLEShares17M
TypePRN
Market value$17.54M
3.41%
Sole
17M
Shared
0.00
None
0.00
OPKO HEALTH INC
SOLEShares7.31M
TypePRN
Market value$17.03M
3.31%
Sole
7.31M
Shared
0.00
None
0.00
BEYOND MEAT INC
SOLEShares93.79M
TypePRN
Market value$15.52M
3.02%
Sole
93.79M
Shared
0.00
None
0.00
BURFORD CAP LTD
SOLEShares771.71K
TypeSH
Market value$14.67M
2.85%
Sole
771.71K
Shared
0.00
None
0.00
CARDLYTICS INC
SOLEShares10.02M
TypePRN
Market value$13.49M
2.62%
Sole
10.02M
Shared
0.00
None
0.00
BANDWIDTH INC
SOLEShares11.50M
TypePRN
Market value$13.38M
2.60%
Sole
11.50M
Shared
0.00
None
0.00
WESTERN AST INFL LKD OPP & I
SOLEShares966.86K
TypeSH
Market value$12.23M
2.38%
Sole
966.86K
Shared
0.00
None
0.00
FORUM ENERGY TECHNOLOGIES IN
SOLEShares377.68K
TypeSH
Market value$10.93M
2.13%
Sole
377.68K
Shared
0.00
None
0.00
CENTERPOINT ENERGY INC
SOLEShares5M
TypePRN
Market value$7.84M
1.53%
Sole
5M
Shared
0.00
None
0.00
CABLE ONE INC
SOLEShares6.50M
TypePRN
Market value$7.45M
1.45%
Sole
6.50M
Shared
0.00
None
0.00
ZILLOW GROUP INC
SOLEShares74.95K
TypeSH
Market value$7.39M
1.44%
Sole
74.95K
Shared
0.00
None
0.00
AIRBNB INC
SOLEShares5M
TypePRN
Market value$6.89M
1.34%
Sole
5M
Shared
0.00
None
0.00
DOCEBO INC
SOLEShares151.92K
TypeSH
Market value$6.29M
1.22%
Sole
151.92K
Shared
0.00
None
0.00
MAGNITE INC
SOLEShares4.22M
TypePRN
Market value$5.81M
1.13%
Sole
4.22M
Shared
0.00
None
0.00
MOLINA HEALTHCARE INC
SOLEShares10.07K
TypeSH
Market value$4.77M
0.93%
Sole
10.07K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
FIRST MAJESTIC SILVER CORPSOLE | NOTE 0.375% 1/1 | 37.65M | PRN | $50.43M 9.81% | 37.65M | 0.00 | 0.00 |
DUKE ENERGY CORP NEWSOLE | NOTE 4.125% 4/1 | 22M | PRN | $34.95M 6.80% | 22M | 0.00 | 0.00 |
ABRDN PLATINUM ETF TRUSTSOLE | PHYSCL PLATM SHS | 250K | SH | $32.87M 6.39% | 250K | 0.00 | 0.00 |
SSR MINING INSOLE | NOTE 2.500% 4/0 | 21.99M | PRN | $32.11M 6.24% | 21.99M | 0.00 | 0.00 |
EQUINOX GOLD CORPSOLE | NOTE 4.750%10/1 | 12.08M | PRN | $23.42M 4.55% | 12.08M | 0.00 | 0.00 |
WOLFSPEED INCSOLE | NOTE 1.750% 5/0 | 25.33M | PRN | $23.41M 4.55% | 25.33M | 0.00 | 0.00 |
SANGOMA TECHNOLOGIES CORPSOLE | COM NEW | 3.48M | SH | $22.60M 4.39% | 3.48M | 0.00 | 0.00 |
PAR TECHNOLOGY CORPSOLE | COM | 206.91K | SH | $18.26M 3.55% | 206.91K | 0.00 | 0.00 |
NIO INCSOLE | NOTE 3.875%10/1 | 16.77M | PRN | $18.00M 3.50% | 16.77M | 0.00 | 0.00 |
PPL CAP FDG INCSOLE | NOTE 2.875% 3/1 | 11M | PRN | $17.77M 3.46% | 11M | 0.00 | 0.00 |
NIO INCSOLE | NOTE 4.625%10/1 | 17M | PRN | $17.54M 3.41% | 17M | 0.00 | 0.00 |
OPKO HEALTH INCSOLE | NOTE 3.750% 1/1 | 7.31M | PRN | $17.03M 3.31% | 7.31M | 0.00 | 0.00 |
BEYOND MEAT INCSOLE | NOTE 3/1 | 93.79M | PRN | $15.52M 3.02% | 93.79M | 0.00 | 0.00 |
BURFORD CAP LTDSOLE | ORD SHS | 771.71K | SH | $14.67M 2.85% | 771.71K | 0.00 | 0.00 |
CARDLYTICS INCSOLE | NOTE 1.000% 9/1 | 10.02M | PRN | $13.49M 2.62% | 10.02M | 0.00 | 0.00 |
BANDWIDTH INCSOLE | NOTE 0.500% 4/0 | 11.50M | PRN | $13.38M 2.60% | 11.50M | 0.00 | 0.00 |
WESTERN AST INFL LKD OPP & ISOLE | COM | 966.86K | SH | $12.23M 2.38% | 966.86K | 0.00 | 0.00 |
FORUM ENERGY TECHNOLOGIES INSOLE | COM | 377.68K | SH | $10.93M 2.13% | 377.68K | 0.00 | 0.00 |
CENTERPOINT ENERGY INCSOLE | NOTE 4.250% 8/1 | 5M | PRN | $7.84M 1.53% | 5M | 0.00 | 0.00 |
CABLE ONE INCSOLE | NOTE 1.125% 3/1 | 6.50M | PRN | $7.45M 1.45% | 6.50M | 0.00 | 0.00 |
ZILLOW GROUP INCSOLE | CL C CAP STK | 74.95K | SH | $7.39M 1.44% | 74.95K | 0.00 | 0.00 |
AIRBNB INCSOLE | NOTE 3/1 | 5M | PRN | $6.89M 1.34% | 5M | 0.00 | 0.00 |
DOCEBO INCSOLE | COM | 151.92K | SH | $6.29M 1.22% | 151.92K | 0.00 | 0.00 |
MAGNITE INCSOLE | NOTE 0.250% 3/1 | 4.22M | PRN | $5.81M 1.13% | 4.22M | 0.00 | 0.00 |
MOLINA HEALTHCARE INCSOLE | COM | 10.07K | SH | $4.77M 0.93% | 10.07K | 0.00 | 0.00 |
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