Fund Holdings

PenderFund Capital Management Ltd.

Filing Period:
Securities
SharesValue ($K)
Q4 2025
Q1 2026
Change
Q4 2025
Q1 2026
Weight (%)
Change
NORTHERN OIL & GAS INC(NOG)00019,506,11149,713,6097.79%+30,207,498
EQUINOX GOLD CORP(EQX)000029,436,5134.61%+29,436,513
EVOLENT HEALTH INC0005,945,50422,837,9903.58%+16,892,486
WOLFSPEED INC(WOLF)000016,299,5502.55%+16,299,550
TEUCRIUM COMMODITY TR(BTCK)0804,300+804,300014,799,1202.32%+14,799,120
EQUINOX GOLD CORP(EQX)0812,500+812,500011,733,9691.84%+11,733,969
MERITAGE HOMES CORP(MTH)000011,695,3331.83%+11,695,333
MDA SPACE LTD(MDA)0436,232+436,232011,050,8341.73%+11,050,834
PAR TECHNOLOGY CORP0812,462+812,462010,830,1181.70%+10,830,118
NIO INC(NIO)00019,821,86629,690,9844.65%+9,869,118
TXNM ENERGY INC(TXNM)00007,978,5211.25%+7,978,521
ALIBABA GROUP HLDG LTD(BABA)00006,952,0831.09%+6,952,083
SUPER MICRO COMPUTER INC(SMCI)00005,258,3850.82%+5,258,385
EVOLENT HEALTH INC0002,905,5007,868,1871.23%+4,962,687
PPL CAP FDG INC(PPL)00021,038,60825,828,6114.04%+4,790,003
PAR TECHNOLOGY CORP00004,673,5830.73%+4,673,583
FLUENCE ENERGY INC(FLNC)00033,997,25037,994,5315.95%+3,997,281
BLUE MOON METALS INC0565,298+565,29803,661,3720.57%+3,661,372
HIGHLANDER SILVER CORP(HSLV)0587,800+587,80003,435,2770.54%+3,435,277
TEUCRIUM COMMODITY TR(BTCK)0100,000+100,00002,440,0000.38%+2,440,000
NIO INC(NIO)00024,082,64326,209,8554.10%+2,127,212
GENERAC HLDGS INC(GNRC)010,850+10,85002,119,3300.33%+2,119,330
MAPLEBEAR INC(CART)59556,015+55,42026,7632,098,3220.33%+2,071,559
MORGAN STANLEY EMERGING MKTS0400,000+400,00002,028,0000.32%+2,028,000
DECKERS OUTDOOR CORP(DECK)2,11020,981+18,871218,7442,099,9880.33%+1,881,244
ADECOAGRO S A
COM
250,000250,00001,982,5003,755,0000.59%+1,772,500
SOUTHERN CO(SO)00032,148,75033,758,7845.29%+1,610,034
SHOPIFY INC(SHOP)012,800+12,80001,518,7750.24%+1,518,775
BOOZ ALLEN HAMILTON HLDG COR35017,620+17,27029,5261,374,8890.22%+1,345,363
CLARIVATE PLC(CLVT)521,0001,113,600+592,6001,740,1402,817,4080.44%+1,077,268
WHEATON PRECIOUS METALS CORP(WPM)07,400+7,4000971,3460.15%+971,346
NATHANS FAMOUS INC08,600+8,6000866,2780.14%+866,278
MICROSOFT CORP(MSFT)02,300+2,3000851,3910.13%+851,391
AMPHENOL CORP05,600+5,6000707,5600.11%+707,560
NEXGEN ENERGY LTD(NXE)256,800263,000+6,2002,363,0353,051,4130.48%+688,378
CATERPILLAR INC(CAT)0900+9000637,6140.10%+637,614
SSR MINING IN(SSRM)021,594+21,5940634,8640.10%+634,864
DAY ONE BIOPHARMACEUTICALS I
COM
026,800+26,8000574,5920.09%+574,592
ISOENERGY LTD111,600145,200+33,6001,015,5431,538,5290.24%+522,986
DRUGS MADE IN AMER ACQ II CO
USD ORD SHS
049,700+49,7000496,0060.08%+496,006
KORE GROUP HLDGS INC052,184+52,1840470,7000.07%+470,700
SELECT MED HLDGS CORP028,700+28,7000467,5230.07%+467,523
NCR ATLEOS CORPORATION(NATL)010,700+10,7000466,3060.07%+466,306
TRI POINTE HOMES INC
COM
09,900+9,9000462,6270.07%+462,627
AMICUS THERAPEUTIC
COM
11,90041,100+29,200169,456594,3060.09%+424,850
ARM HOLDINGS PLC02,800+2,8000423,5840.07%+423,584
WOLFSPEED INC(WOLF)024,890+24,8900405,9560.06%+405,956
GREAT LAKES DREDGE & DOCK CO023,200+23,2000394,4000.06%+394,400
INTUIT(INTU)0900+9000389,1420.06%+389,142
SERVICENOW INC(NOW)03,700+3,7000386,8350.06%+386,835
CENOVUS ENERGY INC(CVE)40,00040,0000676,6971,061,6060.17%+384,909
PENUMBRA INC(PEN)01,170+1,1700384,1930.06%+384,193
ADOBE INC(ADBE)01,500+1,5000364,6200.06%+364,620
CLEAR CHANNEL OUTDOOR HLDGS(CCO)0152,700+152,7000361,8990.06%+361,899
PEAKSTONE REALTY TRUST
COMMON SHARES
016,500+16,5000344,6850.05%+344,685
ARCELLX INC
COMMON STOCK
02,900+2,9000332,9780.05%+332,978
IHS HOLDING LIMITED
ORD SHS
040,300+40,3000331,6690.05%+331,669
INTEGRA RES CORP0120,000+120,0000324,3480.05%+324,348
ASTRAZENECA PLC(AZN)01,665+1,6650322,5390.05%+322,539
FLUOR CORP(FLR)45,14045,14001,788,8982,105,7810.33%+316,883
TXNM ENERGY INC(TXNM)05,400+5,4000315,6840.05%+315,684
GREEN DOT CORP19,50048,100+28,600249,795539,6820.08%+289,887
WESTERN COPPER & GOLD CORP68,500186,145+117,645183,159472,3540.07%+289,195
JANUS HENDERSON GROUP PLC3,5008,700+5,200166,495446,9190.07%+280,424
HOLOGIC INC4,4008,000+3,600327,756604,7200.09%+276,964
CHART INDS INC(GTLS)1,8003,100+1,300371,214640,9250.10%+269,711
ZIM INTEGRATED SHIPPING SERV
SHS
09,900+9,9000260,8650.04%+260,865
KENNEDY-WILSON HOLDINGS INC21,20042,200+21,000205,004456,6040.07%+251,600
IDEA ACQUISITION CORP025,000+25,0000247,7500.04%+247,750
VINE HILL CAP INVTS CORP II
CL A
025,000+25,0000247,5000.04%+247,500
BEL FUSE INC1,6002,700+1,100242,880486,5400.08%+243,660
LISATA THERAPEUTICS INC047,500+47,5000237,9750.04%+237,975
AES CORP(AES)016,400+16,4000231,0760.04%+231,076
SUNOPTA INC
COM
035,277+35,2770228,5950.04%+228,595
ENHABIT INC
COM
015,800+15,8000222,6220.03%+222,622
THERMON GROUP HLDGS INC04,400+4,4000221,7600.03%+221,760
VERIS RESIDENTIAL INC011,600+11,6000218,8920.03%+218,892
SILICON LABORATORIES INC(SLAB)01,000+1,0000208,1500.03%+208,150
MISTER CAR WASH INC
COM
028,400+28,4000197,9480.03%+197,948
KKR & CO INC(KKR)19,74029,340+9,6002,516,4552,713,9500.43%+197,495
TALKSPACE INC(TALK)036,900+36,9000190,9570.03%+190,957
HIGHVIEW MERGER CORP018,000+18,0000180,9000.03%+180,900
RANGE CAP ACQUISITION CORP I
CL A ORD SHS
017,320+17,3200173,2000.03%+173,200
FONAR CORP8,10017,300+9,200150,336321,0880.05%+170,752
BROOKFIELD RENEWABLE ENERGY
PARTNERSHIP UNIT
30,00030,0000810,681978,6500.15%+167,969
GOLDEN ENTMT INC8,50014,855+6,355231,115396,4800.06%+165,365
ARMADA ACQUISITION CORP III016,000+16,0000159,8400.03%+159,840
ON24 INC
COM
18,90037,500+18,600150,444303,7500.05%+153,306
MCKINLEY ACQUISITION CORP014,900+14,9000149,8940.02%+149,894
X3 ACQUISITION CORP LTD015,000+15,0000147,6000.02%+147,600
CLEARWATER ANALYTICS HLDGS I7,10012,800+5,700171,252302,7200.05%+131,468
SEMRUSH HLDGS INC
CL A COM
18,02328,828+10,805214,293344,2060.05%+129,913
WARNER BROS DISCOVERY INC(WBD)16,80022,300+5,500484,176612,3580.10%+128,182
M3-BRIGADE ACQUISITION VI CO010,387+10,3870104,4410.02%+104,441
BAIN CAP GSS INVT CORP
ORD CL A
010,000+10,0000101,1180.02%+101,118
CHENGHE ACQUISITION III CO010,000+10,0000100,8500.02%+100,850
TRAILBLAZER ACQUISITION CORP010,000+10,0000100,5000.02%+100,500
GALATA ACQUISITION CORP II010,000+10,000099,9000.02%+99,900
CAMBRIDGE ACQUISITION CORP010,000+10,000099,6000.02%+99,600
ITHAX ACQUISITION CORP III010,000+10,000099,0000.02%+99,000
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