PENDERFUND CAPITAL MANAGEMENT LTD.

PrivateCIK: 1706164
Location

VANCOUVER, A1

231
Positions
$780.08M
Total AUM (reported)
559.37M
Total Shares

Allocation by class

TOTAL AUM$780.08M231 positions
COM$109.64M14.1%
NOTE 3.625% 4/1$64.88M8.3%
NOTE 2.250% 6/1$60.95M7.8%
NOTE 0.375% 1/1$48.38M6.2%
NOTE 0.750% 5/0$44.80M5.7%
NOTE 2.500% 6/1$40.65M5.2%
NOTE 4.500% 6/1$33.14M4.2%

Portfolio Concentration

Top 322.3%4–1029.8%11–2528.8%Rest19.1%TOP 1052.1%0%100%
Top 3$174.20M22.3%
4–10$232.24M29.8%
11–25$224.38M28.8%
Rest$149.25M19.1%

Top 3 weight

22.3%

Top 10 weight

52.1%

Voting Authority Distribution

Total shares with voting rights: 559.37M

Sole

Full voting authority

559.37M

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)

Sole231
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings231
Rows:

NORTHERN OIL & GAS INC

SOLE
NOTE 3.625% 4/1
Shares67M
TypePRN
Market value$64.88M
8.32%
Sole
67M
Shared
0.00
None
0.00

FLUENCE ENERGY INC

SOLE
NOTE 2.250% 6/1
Shares47.41M
TypePRN
Market value$60.95M
7.81%
Sole
47.41M
Shared
0.00
None
0.00

FIRST MAJESTIC SILVER CORP

SOLE
NOTE 0.375% 1/1
Shares38.74M
TypePRN
Market value$48.38M
6.20%
Sole
38.74M
Shared
0.00
None
0.00

VERTEX INC

SOLE
NOTE 0.750% 5/0
Shares50M
TypePRN
Market value$44.80M
5.74%
Sole
50M
Shared
0.00
None
0.00

WOLFSPEED INC

SOLE
NOTE 2.500% 6/1
Shares10.33M
TypePRN
Market value$40.65M
5.21%
Sole
10.33M
Shared
0.00
None
0.00

SOUTHERN CO

SOLE
NOTE 4.500% 6/1
Shares30M
TypePRN
Market value$33.14M
4.25%
Sole
30M
Shared
0.00
None
0.00

EVOLENT HEALTH INC

SOLE
NOTE 3.500%12/0
Shares42.02M
TypePRN
Market value$31.48M
4.03%
Sole
42.02M
Shared
0.00
None
0.00

ALIBABA GROUP HLDG LTD

SOLE
NOTE 0.500% 6/0
Shares25M
TypePRN
Market value$29.54M
3.79%
Sole
25M
Shared
0.00
None
0.00

NIO INC

SOLE
NOTE 4.625%10/1
Shares26.50M
TypePRN
Market value$26.92M
3.45%
Sole
26.50M
Shared
0.00
None
0.00

NIO INC

SOLE
NOTE 3.875%10/1
Shares25.18M
TypePRN
Market value$25.72M
3.30%
Sole
25.18M
Shared
0.00
None
0.00

PPL CAP FDG INC

SOLE
NOTE 2.875% 3/1
Shares22M
TypePRN
Market value$25.18M
3.23%
Sole
22M
Shared
0.00
None
0.00

EQUINOX GOLD CORP

SOLE
NOTE 4.750%10/1
Shares12.08M
TypePRN
Market value$20.49M
2.63%
Sole
12.08M
Shared
0.00
None
0.00

EVOLENT HEALTH INC

SOLE
DEBT 4.500% 8/1
Shares23.37M
TypePRN
Market value$19.02M
2.44%
Sole
23.37M
Shared
0.00
None
0.00

SANGOMA TECHNOLOGIES CORP

SOLE
COM NEW
Shares4.39M
TypeSH
Market value$16.73M
2.14%
Sole
4.39M
Shared
0.00
None
0.00

CARDLYTICS INC

SOLE
NOTE 4.250% 4/0
Shares53.80M
TypePRN
Market value$15.52M
1.99%
Sole
53.80M
Shared
0.00
None
0.00

TEUCRIUM COMMODITY TR

SOLE
WHEAT FD
Shares696K
TypeSH
Market value$15.33M
1.97%
Sole
696K
Shared
0.00
None
0.00

PAR TECHNOLOGY CORP

SOLE
NOTE 1.500%10/1
Shares15M
TypePRN
Market value$14.39M
1.84%
Sole
15M
Shared
0.00
None
0.00

PAR TECHNOLOGY CORP

SOLE
COM
Shares812.46K
TypeSH
Market value$14.15M
1.81%
Sole
812.46K
Shared
0.00
None
0.00

TEUCRIUM COMMODITY TR

SOLE
CORN FD SHS
Shares804.30K
TypeSH
Market value$13.47M
1.73%
Sole
804.30K
Shared
0.00
None
0.00

OPKO HEALTH INC

SOLE
NOTE 3.750% 1/1
Shares8.49M
TypePRN
Market value$12.78M
1.64%
Sole
8.49M
Shared
0.00
None
0.00

MERITAGE HOMES CORP

SOLE
NOTE 1.750% 5/1
Shares12M
TypePRN
Market value$12.45M
1.60%
Sole
12M
Shared
0.00
None
0.00

ESPERION THERAPEUTICS INC NE

SOLE
COM
Shares3.88M
TypeSH
Market value$12.28M
1.57%
Sole
3.88M
Shared
0.00
None
0.00

ABRDN PLATINUM ETF TRUST

SOLE
PHYSCL PLATM SHS
Shares800K
TypeSH
Market value$11.30M
1.45%
Sole
800K
Shared
0.00
None
0.00

TELESAT CORP

SOLE
CL A & CL B SHS
Shares225.15K
TypeSH
Market value$11.03M
1.41%
Sole
225.15K
Shared
0.00
None
0.00

IRHYTHM HOLDINGS INC

SOLE
NOTE 1.500% 9/0
Shares9.26M
TypePRN
Market value$10.25M
1.31%
Sole
9.26M
Shared
0.00
None
0.00
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