PenderFund Capital Management Ltd.

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CIK 1706164

13F portfolio (2026-Q1)

$217M

Positions

233

Implied 1Y CAGR

modeled · as filed

Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2025-Q4. A lagged quarterly snapshot (filed ≤45 days after quarter-end); excludes shorts, options, cash, and shares listed only on non-US exchanges — foreign companies held via a US listing or ADR (e.g. Alibaba, TSMC) ARE included.

Implied return what this book implies · modeled, not advice methodology →

Open in PORT →

As filed = each book applied at its quarter-end (what the reported book did) · As copyable = applied at its statutory 45-day filing deadline (what a 13F follower could have earned).

Computing…

Hypothetical modeled performance constructed with hindsight — not actual results, and not indicative of future results. See the Disclaimer.

Exposures · what this manager owns, by sector & size (2026-Q1)

Holdings

233

Top 5

36.6%

Top 10

57.3%

Effective N

23.0

HHI

0.043

This quarter

112 new · 0 exit →

By sector

Unclassified41.2%

Information Technology17.1%

Industrials10.4%

Materials9.9%

Health Care7.0%

Communication Services6.7%

Financials4.7%

Consumer Discretionary1.4%

Other1.6%

By market cap

Unknown60.7%

Small ($300M–2B)14.2%

Large ($10–200B)10.6%

Mid ($2–10B)8.1%

Micro (<$300M)5.6%

Mega (>$200B)0.7%

By region

North America57.7%

Other41.2%

Latin America0.7%

Asia-Pacific0.4%

Europe0.1%

By industry group GICS — finer than sector

Industry group	Weight	Names
Unclassified	41.16%	134
Metals & Mining	7.87%	11
Software & IT Services	7.49%	6
Diversified Telecommunication Services	6.28%	2
Aerospace & Defense	6.07%	2
Technology Hardware & Equipment	5.73%	5
Pharmaceuticals & Biotechnology	5.63%	6
Capital Markets	2.39%	5
Chemicals	2.06%	4
Commercial Services & Supplies	1.91%	8
Software	1.68%	7
Banks	1.48%	4
Semiconductors & Semiconductor Equipment	1.20%	7
Health Care Providers & Services	1.10%	3
Construction & Engineering	0.99%	2
Electrical Equipment & Components	0.98%	1
Specialty Retail	0.94%	1
Machinery	0.85%	3
Insurance	0.74%	5
Real Estate Management & Development	0.67%	1
Professional Services	0.65%	2
Oil, Gas & Consumable Fuels	0.50%	2
Utilities	0.45%	3
Media & Entertainment	0.45%	2
Hotels, Restaurants & Leisure	0.40%	1
Health Care Equipment & Supplies	0.31%	4
Automobiles & Components	0.02%	1
Household Durables	0.00%	1

Top holdings

#	Ticker	Name	Sector	Weight
1	PPLT	ABRDN PLATINUM ETF TRUST	Unclassified	13.16%
2	CORN	TEUCRIUM COMMODITY TR	Unclassified	6.83%
3	TSAT	Telesat Corp	Communication Services	6.07%
4	EQX	EQUINOX GOLD CORP	Materials	5.41%
5	SANG	Sangoma Technologies Corp	Information Technology	5.13%
6	MDA	MDA Space Ltd.	Industrials	5.10%
7	PAR	PAR TECHNOLOGY CORP	Information Technology	5.00%
8	ESPR	Esperion Therapeutics, Inc.	Health Care	4.92%
9	WIW	WESTERN AST INFL LKD OPP & I	Unclassified	3.99%
10	AGRO	ADECOAGRO S A	Unclassified	1.73%

99/233 names classified · sector 58.8% of weight · industry 58.8% · mkt cap 39.3%; unclassified names shown, never dropped.

Sector allocation over time · how the GICS mix & top names shifted quarter by quarter

top 5/sector, rest → “Other” · 34 quarters

Information TechnologySANG, PAR, BIDU, SSNC, FROG · other

FinancialsBUR, KKR, IBKR, TPL, PRA · other

IndustrialsZ, FET, MIDD, FLR, MDA · other

Consumer DiscretionaryJD, SFIX, UTI, PTON, WYNN · other

Communication ServicesLILA, LBRDK, ATEX, TSAT, LILAK · other

MaterialsEQX, ESI, PKX, HXL, ERO · other

Health CareENOV, ESPR, BHC, MRVI, ZYME · other

Real EstateBN, STWD, FSV, CIGI, HHH · other

EnergySD, NOA, ENB, CNQ, CVE · other

Consumer StaplesTPB, ACI

UtilitiesOKLO, TLN, TXNM, NWE

UnclassifiedPPLT, HOWARD HUGHES CORPORATION, KENNEDY-WILSON HOLDINGS INC, JUST ENERGY GROUP INC, EQUINOX GOLD CORP · other

Sector is classified on each name's CURRENT fundamentals, not point-in-time — apparent sector drift can reflect the market re-rating a holding, not a manager trade. 13F is a lagged quarterly snapshot of long positions in US-listed securities only — foreign companies held via a US listing or ADR ARE included, but shares listed only on non-US exchanges (plus shorts, options and cash) are not. Latest quarter: 58.8% of the book is sector-classified (unclassified names shown, never dropped).

Style box · size × value-growth placement of the reported book (2026-Q1), classified on current fundamentals (not point-in-time) — load it into PORT to overlay your own portfolio

Only 18% of book weight classified — the grid is NOT representative of the whole book.

holdings, colored by sector (59 classified)PenderFund Capital Management Ltd. centroid (Small Core)

Information TechnologyIndustrialsFinancialsMaterialsConsumer DiscretionaryHealth CareCommunication ServicesUtilitiesEnergy

Style box summary for PenderFund Capital Management Ltd.: centroid Small Core. Heaviest cells: Small Growth 6.2%, Small Value 2.9%, Small Core 1.9%.

Classified: 17.6% of book weight (59/215 names) · unclassified 82.4%: PPLT, CORN, TSAT, EQX, SANG, MDA, PAR, ESPR, WIW, +146 more. Size: cap 70/20/10 bands; style: value/growth composite on our own metrics — not Morningstar's model.

Contribution holdings-based, any period

No contribution data for this period.

Holdings· 233 positions (2026-Q1) · largest first · Δ vs 2025-Q4

#	Security	Shares	Value	Weight	Δ QoQ
1	PPLTABRDN PLATINUM ETF TRUST	160,000	$29M	13.2%	TRIM −34%
2	CORNTEUCRIUM COMMODITY TR	804,300	$15M	6.8%	NEW
3	TSATTELESAT CORP	371,153	$13M	6.1%	TRIM −9%
4	EQXEQUINOX GOLD CORP	812,500	$12M	5.4%	NEW
5	SANGSANGOMA TECHNOLOGIES CORP	2,820,933	$11M	5.1%	HOLD
6	MDAMDA Space Ltd	436,232	$11M	5.1%	NEW
7	PARPAR TECHNOLOGY CORP	812,462	$11M	5.0%	NEW
8	ESPRESPERION THERAPEUTICS INC NE	3,891,926	$11M	4.9%	TRIM −11%
9	WIWWESTERN AST INFL LKD OPP & I	1,023,197	$9M	4.0%	HOLD
10	AGROADECOAGRO S A	250,000	$4M	1.7%	HOLD
11	BMMBLUE MOON METALS INC	565,298	$4M	1.7%	NEW
12	HSLVHIGHLANDER SILVER CORP	587,800	$3M	1.6%	NEW
13	NXENEXGEN ENERGY LTD	263,000	$3M	1.4%	ADD 2%
14	CLVTCLARIVATE PLC	1,113,600	$3M	1.3%	ADD 114%
15	KKRKKR & CO INC	29,340	$3M	1.3%	ADD 49%
16	SOYBTEUCRIUM COMMODITY TR	100,000	$2M	1.1%	NEW
17	BURBURFORD CAP LTD	497,990	$2M	1.0%	HOLD
18	GNRCGENERAC HLDGS INC	10,850	$2M	1.0%	NEW
19	FLRFLUOR CORP NEW	45,140	$2M	1.0%	HOLD
20	DECKDECKERS OUTDOOR CORP	20,981	$2M	1.0%	ADD 894%
21	SAROSTANDARDAERO INC	81,250	$2M	1.0%	HOLD
22	CARTMAPLEBEAR INC	56,015	$2M	1.0%	ADD 9314%
23	DLTRDOLLAR TREE INC	18,530	$2M	0.9%	HOLD
24	EDDMORGAN STANLEY EMERGING MKTS	400,000	$2M	0.9%	NEW
25	ADUSADDUS HOMECARE CORP	18,475	$2M	0.8%	HOLD
26	ISOUISOENERGY LTD	145,200	$2M	0.7%	ADD 30%
27	SHOPSHOPIFY INC	12,800	$2M	0.7%	NEW
28	BNBROOKFIELD CORP	35,610	$1M	0.7%	TRIM −23%
29	STNESTONECO LTD	100,000	$1M	0.7%	HOLD
30	BAHBOOZ ALLEN HAMILTON HLDG COR	17,620	$1M	0.6%	ADD 4934%
31	IFFINTERNATIONAL FLAVORS&FRAGRA	17,612	$1M	0.6%	TRIM −49%
32	CVECENOVUS ENERGY INC	40,000	$1M	0.5%	HOLD
33	HXLHEXCEL CORP NEW	12,898	$1M	0.5%	TRIM −59%
34	MKLMARKEL GROUP INC	517	$989,574	0.5%	HOLD
35	BEPBROOKFIELD RENEWABLE PARTNER	30,000	$978,650	0.5%	HOLD
36	WPMWHEATON PRECIOUS METALS CORP	7,400	$971,346	0.4%	NEW
37	EVREVERCORE INC	3,100	$925,381	0.4%	HOLD
38	DHRDANAHER CORP DEL	4,700	$891,120	0.4%	HOLD
39	BGSIBOYD GROUP SERVICES INC	6,900	$880,865	0.4%	TRIM −45%
40	NATHNATHANS FAMOUS INC NEW	8,600	$866,278	0.4%	NEW
41	MSFTMICROSOFT CORP	2,300	$851,391	0.4%	NEW
42	BIDUBAIDU INC	7,600	$846,792	0.4%	HOLD
43	XWIAXWESTERN ASST INFLTN LKD INM	103,800	$835,590	0.4%	ADD 8%
44	APHAMPHENOL CORP	5,600	$707,560	0.3%	NEW
45	GTLSCHART INDS INC	3,100	$640,925	0.3%	ADD 72%
46	CATCATERPILLAR INC	900	$637,614	0.3%	NEW
47	SSRMSSR MINING IN	21,594	$634,864	0.3%	NEW
48	WBDWARNER BROS DISCOVERY INC	22,300	$612,358	0.3%	ADD 33%
49	HOLXHOLOGIC INC	8,000	$604,720	0.3%	ADD 82%
50	AMICUS THERAPEUTICS INC	41,100	$594,306	0.3%	ADD 245%
51	MRVIMARAVAI LIFESCIENCES HLDGS I	205,000	$580,150	0.3%	TRIM −7%
52	DAY ONE BIOPHARMACEUTICALS I	26,800	$574,592	0.3%	NEW
53	ATSATS CORPORATION	20,000	$563,727	0.3%	HOLD
54	AIR LEASE CORP	8,526	$553,678	0.3%	ADD 12%
55	GDOTGREEN DOT CORP	48,100	$539,682	0.2%	ADD 147%
56	MCHPMICROCHIP TECHNOLOGY INC.	7,735	$499,758	0.2%	TRIM −48%
57	DMIIDRUGS MADE IN AMER ACQ II CO	49,700	$496,006	0.2%	NEW
58	WCNWASTE CONNECTIONS INC	3,000	$487,427	0.2%	HOLD
59	BELFABEL FUSE INC	2,700	$486,540	0.2%	ADD 69%
60	TLNTALEN ENERGY CORP	1,500	$478,845	0.2%	HOLD
61	WRNWESTERN COPPER & GOLD CORP	186,145	$472,354	0.2%	ADD 172%
62	KOREKORE GROUP HLDGS INC	52,184	$470,700	0.2%	NEW
63	SEMSELECT MED HLDGS CORP	28,700	$467,523	0.2%	NEW
64	NATLNCR ATLEOS CORPORATION	10,700	$466,306	0.2%	NEW
65	TRI POINTE HOMES INC	9,900	$462,627	0.2%	NEW
66	DBRGDIGITALBRIDGE GROUP INC	29,700	$457,974	0.2%	ADD 6%
67	KENNEDY-WILSON HOLDINGS INC	42,200	$456,604	0.2%	ADD 99%
68	SZZLSIZZLE ACQUISITION CORP. II	43,642	$447,767	0.2%	HOLD
69	JHGJANUS HENDERSON GROUP PLC	8,700	$446,919	0.2%	ADD 149%
70	ARMARM HOLDINGS PLC	2,800	$423,584	0.2%	NEW
71	WOLFWOLFSPEED INC	24,890	$405,956	0.2%	NEW
72	XENEXENON PHARMACEUTICALS INC	6,850	$398,327	0.2%	HOLD
73	GDENGOLDEN ENTMT INC	14,855	$396,480	0.2%	ADD 75%
74	WBSWEBSTER FINL CORP CONN	5,700	$395,694	0.2%	TRIM −85%
75	GLDDGREAT LAKES DREDGE & DOCK CO	23,200	$394,400	0.2%	NEW
76	INTUINTUIT	900	$389,142	0.2%	NEW
77	NOWSERVICENOW INC	3,700	$386,835	0.2%	NEW
78	PENPENUMBRA INC	1,170	$384,193	0.2%	NEW
79	TACHTITAN ACQUISITION CORP	36,600	$378,078	0.2%	HOLD
80	TVAITHAYER VENTURES ACQ CORP II	36,000	$368,280	0.2%	HOLD
81	ADBEADOBE INC	1,500	$364,620	0.2%	NEW
82	CCOCLEAR CHANNEL OUTDOOR HLDGS	152,700	$361,899	0.2%	NEW
83	PKSTPEAKSTONE REALTY TRUST	16,500	$344,685	0.2%	NEW
84	SEMRUSH HLDGS INC	28,828	$344,206	0.2%	ADD 60%
85	BLFYBLUE FOUNDRY BANCORP	25,796	$341,539	0.2%	ADD 19%
86	LPAALAUNCH ONE ACQUISITION CORP	31,400	$336,294	0.2%	HOLD
87	ARCELLX INC	2,900	$332,978	0.2%	NEW
88	IHSIHS HOLDING LIMITED	40,300	$331,669	0.2%	NEW
89	ITRGINTEGRA RES CORP	120,000	$324,348	0.1%	NEW
90	AZNASTRAZENECA PLC	1,665	$322,539	0.1%	NEW
91	FONAR CORP	17,300	$321,088	0.1%	ADD 114%
92	JBLJabil Circuit, Inc.	1,207	$320,615	0.1%	TRIM −4%
93	CSG SYS INTL INC	4,000	$319,760	0.1%	ADD 14%
94	TXNMPNM RES INC	5,400	$315,684	0.1%	NEW
95	SOULSOULPOWER ACQUISITION CORP	30,051	$308,023	0.1%	HOLD
96	ON24 INC	37,500	$303,750	0.1%	ADD 98%
97	CLEARWATER ANALYTICS HLDGS I	12,800	$302,720	0.1%	ADD 80%
98	BCARD. BORAL ARC ACQ I CORP.	29,400	$297,528	0.1%	HOLD
99	DIAMOND HILL INVT GROUP INC	1,706	$293,603	0.1%	ADD 14%
100	PRAPROASSURANCE CORP	11,292	$279,138	0.1%	ADD 20%
101	VINE HILL CAP INVT CORP.	25,000	$275,000	0.1%	HOLD
102	ZIMZIM INTEGRATED SHIPPING SERV	9,900	$260,865	0.1%	NEW
103	SOCASOLARIUS CAPITAL ACQU CORP	25,400	$258,572	0.1%	TRIM −13%
104	IACOUIDEA ACQUISITION CORP	25,000	$247,750	0.1%	NEW
105	VHCPVINE HILL CAP INVTS CORP II	25,000	$247,500	0.1%	NEW
106	CPACOPA HOLDINGS SA	2,100	$238,581	0.1%	ADD 3%
107	IMXIINTERNATIONAL MONEY EXPRESS	15,100	$238,580	0.1%	HOLD
108	LSTALISATA THERAPEUTICS INC	47,500	$237,975	0.1%	NEW
109	FACCARTESIAN GROWTH CORP III	22,700	$232,675	0.1%	HOLD
110	BLUWBLUE WTR ACQUISITION CORP. I	22,500	$231,525	0.1%	HOLD
111	RTACRENATUS TACTICAL ACQUIS	22,500	$231,300	0.1%	HOLD
112	AESAES Corp.	16,400	$231,076	0.1%	NEW
113	STKLSUNOPTA INC	35,277	$228,595	0.1%	NEW
114	ENHABIT INC	15,800	$222,622	0.1%	NEW
115	THERMON GROUP HLDGS INC	4,400	$221,760	0.1%	NEW
116	MACK CALI RLTY CORP	11,600	$218,892	0.1%	NEW
117	SIMASIM ACQUISITION CORP. I	20,400	$218,892	0.1%	HOLD
118	EROERO COPPER CORP	7,870	$209,893	0.1%	TRIM −92%
119	SLABSILICON LABORATORIES INC	1,000	$208,150	0.1%	NEW
120	EVACEQV VENTURES AC CORP. II	20,246	$204,282	0.1%	HOLD
121	LNSRLENSAR INC	33,381	$198,951	0.1%	ADD 36%
122	MISTER CAR WASH INC	28,400	$197,948	0.1%	NEW
123	NWENORTHWESTERN ENERGY GROUP IN	2,900	$191,226	0.1%	HOLD
124	TALKTALKSPACE INC	36,900	$190,957	0.1%	NEW
125	LYTSLSI INDS INC OHIO	10,145	$188,697	0.1%	ADD 4%
126	BHFBRIGHTHOUSE FINL INC	3,100	$185,628	0.1%	ADD 7%
127	HVMCHIGHVIEW MERGER CORP	18,000	$180,900	0.1%	NEW
128	WENNWEN ACQUISITION CORP	17,600	$179,168	0.1%	HOLD
129	RNGTRANGE CAP ACQUISITION CORP I	17,320	$173,200	0.1%	NEW
130	AACIUARMADA ACQUISITION CORP III	16,000	$159,840	0.1%	NEW
131	PACHPIONEER ACQUISITION I CORP	15,200	$154,432	0.1%	TRIM −13%
132	MKLYMCKINLEY ACQUISITION CORP	14,900	$149,894	0.1%	NEW
133	XCBEX3 ACQUISITION CORP LTD	15,000	$147,600	0.1%	NEW
134	MSOSADVISORSHARES TR	40,500	$143,775	0.1%	ADD 75%
135	USASAMERICAS GOLD AND SILVER COR	26,700	$139,344	0.1%	TRIM −50%
136	NPACNEW PROVIDENCE ACQUISITION C	12,700	$130,302	0.1%	TRIM −8%
137	FNFFIDELITY NATL FINL INC	2,694	$124,948	0.1%	HOLD
138	BSAABEST SPAC I ACQUISITION CORP	11,800	$120,832	0.1%	HOLD
139	RDAGREPUBLIC DIGITAL ACQUISITION	10,600	$108,332	0.0%	HOLD
140	GRAFGRAF GLOBAL CORP	10,000	$107,100	0.0%	HOLD
141	MBVIM3-BRIGADE ACQUISITION VI CO	10,387	$104,441	0.0%	NEW
142	LWACLIGHTWAVE ACQUISITION CORP	10,196	$103,336	0.0%	HOLD
143	CEPFCANTOR EQUITY PARTNERS IV IN	10,000	$101,900	0.0%	HOLD
144	BCSSBAIN CAP GSS INVT CORP	10,000	$101,118	0.0%	NEW
145	CHECCHENGHE ACQUISITION III CO	10,000	$100,850	0.0%	NEW
146	BLZRTRAILBLAZER ACQUISITION CORP	10,000	$100,500	0.0%	NEW
147	LATAGALATA ACQUISITION CORP II	10,000	$99,900	0.0%	NEW
148	CAQUUCAMBRIDGE ACQUISITION CORP	10,000	$99,600	0.0%	NEW
149	ITHAITHAX ACQUISITION CORP III	10,000	$99,000	0.0%	NEW
150	VOYAGER ACQUISITION CORP	7,900	$98,671	0.0%	HOLD
151	ONESTREAM INC	3,900	$93,600	0.0%	NEW
152	OBAOXLEY BRIDGE ACQ LTD	9,100	$92,183	0.0%	HOLD
153	FIGXFIGX CAP ACQUISITION CORP.	9,000	$91,170	0.0%	HOLD
154	TGTREDEGAR CORP	11,200	$89,040	0.0%	NEW
155	UBFOUNITED SEC BANCSHARES CALIF	8,300	$87,233	0.0%	NEW
156	FERAFIFTH ERA ACQUISITION CORP I	8,200	$84,624	0.0%	TRIM −19%
157	MJAMPLIFY ETF TR	3,600	$82,872	0.0%	ADD 200%
158	PMTRPERIMETER ACQUISITION CORP I	8,000	$82,000	0.0%	HOLD
159	MNROMONRO INC	5,000	$80,200	0.0%	NEW
160	CAEPCANTOR EQUITY PARTNERS III I	7,200	$74,232	0.0%	HOLD
161	HCMAHCM III ACQUISITION CORP	7,200	$72,720	0.0%	HOLD
162	PYPLPAYPAL HLDGS INC	1,600	$72,368	0.0%	NEW
163	FROGJFROG LTD	1,500	$70,395	0.0%	HOLD
164	GTLBGITLAB INC	3,000	$64,920	0.0%	ADD 43%
165	PROFPROFOUND MED CORP	9,400	$60,139	0.0%	HOLD
166	IPCXINFLECTION PT ACQUISITION CO	5,000	$51,050	0.0%	HOLD
167	ONCH1RT ACQUISITION CORP.	5,000	$50,700	0.0%	HOLD
168	CEPSCANTOR EQUITY PARTNERS VI IN	5,000	$50,600	0.0%	NEW
169	CEPVCANTOR EQUITY PARTNERS V INC	5,000	$50,500	0.0%	HOLD
170	FCRSFUTURECREST ACQUISITION CORP	5,000	$50,300	0.0%	NEW
171	TMTSUSPARTACUS ACQUISITION CORP I	5,000	$50,175	0.0%	NEW
172	LFACLEAPFROG ACQUISITION CORP	5,000	$49,625	0.0%	NEW
173	ADACAMERICAN DRIVE ACQUISITION C	5,000	$49,500	0.0%	NEW
174	CRANCRANE HBR ACQUISITION CORP I	5,000	$49,500	0.0%	NEW
175	LPCVLAUNCHPAD CADENZA ACQU CORP	5,000	$49,500	0.0%	NEW
176	SCPQSOCIAL COMM PARTNERS CORP	5,000	$49,500	0.0%	NEW
177	AEAQACTIVATE ENERGY ACQUISIT COR	5,000	$49,450	0.0%	NEW
178	ALOVALDABRA 4 LQDTY OPP VEH INC	5,000	$49,450	0.0%	NEW
179	IRHOIRON HORSE ACQUISIT II CORP	5,000	$49,350	0.0%	NEW
180	SORNSOREN ACQUISITION CORP	5,000	$49,350	0.0%	NEW
181	MLAAMOUNTAIN LAKE ACQUISIT CORP	5,000	$49,250	0.0%	NEW
182	MODMODINE MFG CO	210	$45,509	0.0%	ADD 17%
183	UECURANIUM ENERGY CORP	3,300	$44,550	0.0%	HOLD
184	LNKBLINKBANCORP INC	5,175	$43,160	0.0%	HOLD
185	VRSNVERISIGN INC	155	$38,496	0.0%	ADD 15%
186	ELLAUDER ESTEE COS INC	500	$35,885	0.0%	ADD 41%
187	GGENPACT LIMITED	930	$34,643	0.0%	ADD 15%
188	RMBSRAMBUS INC DEL	400	$34,412	0.0%	ADD 74%
189	MCYMERCURY GENL CORP NEW	390	$34,379	0.0%	HOLD
190	ITRIITRON INC	380	$34,059	0.0%	ADD 12%
191	ARANTERO RESOURCES CORP	700	$29,708	0.0%	TRIM −13%
192	BBUCBROOKFIELD BUSINESS CORP CL A SUB VTG SH	925	$29,267	0.0%	NEW
193	EEFTEURONET WORLDWIDE INC	440	$29,203	0.0%	HOLD
194	CCXICHURCHILL CAP CORP XI	2,500	$25,425	0.0%	NEW
195	OTGAOTG ACQUISITION CORP. I	2,500	$25,150	0.0%	NEW
196	COOCOOPER COS INC	300	$21,450	0.0%	HOLD
197	MINEMAYFAIR GOLD CORP	5,800	$17,928	0.0%	NEW
198	FDSFACTSET RESH SYS INC	70	$15,189	0.0%	HOLD
199	MMTXMILUNA ACQUISITION CORP	1,406	$14,074	0.0%	NEW
200	RNAATRIUM THERAPEUTICS INC	490	$6,551	0.0%	NEW

showing the top 200 by weight

Position trends· top 15 holdings · shares held over 6 quarters

green added · red trimmed

Security

2024-Q4

2025-Q1

2025-Q2

2025-Q3

2025-Q4

2026-Q1

Latest value

PPLTABRDN PLATINUM ETF TRUST

250K

312K

302K

242K

160K

$29M

CORNTEUCRIUM COMMODITY TR

—

804K

$15M

TSATTELESAT CORP

—

101K

410K

371K

$13M

EQXEQUINOX GOLD CORP

—

3.8M

—

813K

$12M

SANGSANGOMA TECHNOLOGIES CORP

3.5M

3.2M

2.8M

$11M

MDAMDA Space Ltd

—

436K

$11M

PARPAR TECHNOLOGY CORP

237K

207K

189K

373K

—

812K

$11M

ESPRESPERION THERAPEUTICS INC NE

—

2.0M

6.7M

4.4M

3.9M

$11M

WIWWESTERN AST INFL LKD OPP & I

953K

967K

996K

1.0M

$9M

AGROADECOAGRO S A

—

250K

$4M

BMMBLUE MOON METALS INC

—

565K

$4M

HSLVHIGHLANDER SILVER CORP

—

588K

$3M

NXENEXGEN ENERGY LTD

12K

159K

257K

263K

$3M

CLVTCLARIVATE PLC

531K

132K

521K

1.1M

$3M

KKRKKR & CO INC

17K

13K

15K

10K

20K

29K

$3M

Shares reported each quarter by the largest current holdings. Green = added vs the prior filing of that name, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.

☆PenderFund Capital Management Ltd.

Implied return what this book implies · modeled, not advice methodology →

Exposures · what this manager owns, by sector & size (2026-Q1)

By sector

By market cap

By region

By industry group GICS — finer than sector

Top holdings

Sector allocation over time · how the GICS mix & top names shifted quarter by quarter

Style box · size × value-growth placement of the reported book (2026-Q1), classified on current fundamentals (not point-in-time) — load it into PORT to overlay your own portfolio

Contribution holdings-based, any period

Holdings· 233 positions (2026-Q1) · largest first · Δ vs 2025-Q4

Position trends· top 15 holdings · shares held over 6 quarters

Related· where to look next

PenderFund Capital Management Ltd.