Fund Holdings

PenderFund Capital Management Ltd.

Filing Period:
Securities
SharesValue ($K)
Q4 2025
Q1 2026
Change
Q4 2025
Q1 2026
Change
NORTHERN OIL & GAS INC00019,506,11149,713,609+30,207,498
EQUINOX GOLD CORP000029,436,513+29,436,513
EVOLENT HEALTH INC0005,945,50422,837,990+16,892,486
WOLFSPEED INC000016,299,550+16,299,550
TEUCRIUM COMMODITY TR0804,300+804,300014,799,120+14,799,120
EQUINOX GOLD CORP0812,500+812,500011,733,969+11,733,969
MERITAGE HOMES CORP000011,695,333+11,695,333
MDA SPACE LTD0436,232+436,232011,050,834+11,050,834
PAR TECHNOLOGY CORP0812,462+812,462010,830,118+10,830,118
NIO INC00019,821,86629,690,984+9,869,118
TXNM ENERGY INC00007,978,521+7,978,521
ALIBABA GROUP HLDG LTD00006,952,083+6,952,083
SUPER MICRO COMPUTER INC00005,258,385+5,258,385
EVOLENT HEALTH INC0002,905,5007,868,187+4,962,687
PPL CAP FDG INC00021,038,60825,828,611+4,790,003
PAR TECHNOLOGY CORP00004,673,583+4,673,583
FLUENCE ENERGY INC00033,997,25037,994,531+3,997,281
BLUE MOON METALS INC0565,298+565,29803,661,372+3,661,372
HIGHLANDER SILVER CORP0587,800+587,80003,435,277+3,435,277
TEUCRIUM COMMODITY TR0100,000+100,00002,440,000+2,440,000
NIO INC00024,082,64326,209,855+2,127,212
GENERAC HLDGS INC010,850+10,85002,119,330+2,119,330
MAPLEBEAR INC59556,015+55,42026,7632,098,322+2,071,559
MORGAN STANLEY EMERGING MKTS0400,000+400,00002,028,000+2,028,000
DECKERS OUTDOOR CORP2,11020,981+18,871218,7442,099,988+1,881,244
ADECOAGRO S A250,000250,00001,982,5003,755,000+1,772,500
SOUTHERN CO00032,148,75033,758,784+1,610,034
SHOPIFY INC012,800+12,80001,518,775+1,518,775
BOOZ ALLEN HAMILTON HLDG COR35017,620+17,27029,5261,374,889+1,345,363
CLARIVATE PLC521,0001,113,600+592,6001,740,1402,817,408+1,077,268
WHEATON PRECIOUS METALS CORP07,400+7,4000971,346+971,346
NATHANS FAMOUS INC08,600+8,6000866,278+866,278
MICROSOFT CORP02,300+2,3000851,391+851,391
AMPHENOL CORP05,600+5,6000707,560+707,560
NEXGEN ENERGY LTD256,800263,000+6,2002,363,0353,051,413+688,378
CATERPILLAR INC0900+9000637,614+637,614
SSR MINING IN021,594+21,5940634,864+634,864
DAY ONE BIOPHARMACEUTICALS I026,800+26,8000574,592+574,592
ISOENERGY LTD111,600145,200+33,6001,015,5431,538,529+522,986
DRUGS MADE IN AMER ACQ II CO049,700+49,7000496,006+496,006
KORE GROUP HLDGS INC052,184+52,1840470,700+470,700
SELECT MED HLDGS CORP028,700+28,7000467,523+467,523
NCR ATLEOS CORPORATION010,700+10,7000466,306+466,306
TRI POINTE HOMES INC09,900+9,9000462,627+462,627
AMICUS THERAPEUTIC11,90041,100+29,200169,456594,306+424,850
ARM HOLDINGS PLC02,800+2,8000423,584+423,584
WOLFSPEED INC024,890+24,8900405,956+405,956
GREAT LAKES DREDGE & DOCK CO023,200+23,2000394,400+394,400
INTUIT0900+9000389,142+389,142
SERVICENOW INC03,700+3,7000386,835+386,835
CENOVUS ENERGY INC40,00040,0000676,6971,061,606+384,909
PENUMBRA INC01,170+1,1700384,193+384,193
ADOBE INC01,500+1,5000364,620+364,620
CLEAR CHANNEL OUTDOOR HLDGS0152,700+152,7000361,899+361,899
PEAKSTONE REALTY TRUST016,500+16,5000344,685+344,685
ARCELLX INC02,900+2,9000332,978+332,978
IHS HOLDING LIMITED040,300+40,3000331,669+331,669
INTEGRA RES CORP0120,000+120,0000324,348+324,348
ASTRAZENECA PLC01,665+1,6650322,539+322,539
FLUOR CORP45,14045,14001,788,8982,105,781+316,883
TXNM ENERGY INC05,400+5,4000315,684+315,684
GREEN DOT CORP19,50048,100+28,600249,795539,682+289,887
WESTERN COPPER & GOLD CORP68,500186,145+117,645183,159472,354+289,195
JANUS HENDERSON GROUP PLC3,5008,700+5,200166,495446,919+280,424
HOLOGIC INC4,4008,000+3,600327,756604,720+276,964
CHART INDS INC1,8003,100+1,300371,214640,925+269,711
ZIM INTEGRATED SHIPPING SERV09,900+9,9000260,865+260,865
KENNEDY-WILSON HOLDINGS INC21,20042,200+21,000205,004456,604+251,600
IDEA ACQUISITION CORP025,000+25,0000247,750+247,750
VINE HILL CAP INVTS CORP II025,000+25,0000247,500+247,500
BEL FUSE INC1,6002,700+1,100242,880486,540+243,660
LISATA THERAPEUTICS INC047,500+47,5000237,975+237,975
AES CORP016,400+16,4000231,076+231,076
SUNOPTA INC035,277+35,2770228,595+228,595
ENHABIT INC015,800+15,8000222,622+222,622
THERMON GROUP HLDGS INC04,400+4,4000221,760+221,760
VERIS RESIDENTIAL INC011,600+11,6000218,892+218,892
SILICON LABORATORIES INC01,000+1,0000208,150+208,150
MISTER CAR WASH INC028,400+28,4000197,948+197,948
KKR & CO INC19,74029,340+9,6002,516,4552,713,950+197,495
TALKSPACE INC036,900+36,9000190,957+190,957
HIGHVIEW MERGER CORP018,000+18,0000180,900+180,900
RANGE CAP ACQUISITION CORP I017,320+17,3200173,200+173,200
FONAR CORP8,10017,300+9,200150,336321,088+170,752
BROOKFIELD RENEWABLE ENERGY30,00030,0000810,681978,650+167,969
GOLDEN ENTMT INC8,50014,855+6,355231,115396,480+165,365
ARMADA ACQUISITION CORP III016,000+16,0000159,840+159,840
ON24 INC18,90037,500+18,600150,444303,750+153,306
MCKINLEY ACQUISITION CORP014,900+14,9000149,894+149,894
X3 ACQUISITION CORP LTD015,000+15,0000147,600+147,600
CLEARWATER ANALYTICS HLDGS I7,10012,800+5,700171,252302,720+131,468
SEMRUSH HLDGS INC18,02328,828+10,805214,293344,206+129,913
WARNER BROS DISCOVERY INC16,80022,300+5,500484,176612,358+128,182
M3-BRIGADE ACQUISITION VI CO010,387+10,3870104,441+104,441
BAIN CAP GSS INVT CORP010,000+10,0000101,118+101,118
CHENGHE ACQUISITION III CO010,000+10,0000100,850+100,850
TRAILBLAZER ACQUISITION CORP010,000+10,0000100,500+100,500
GALATA ACQUISITION CORP II010,000+10,000099,900+99,900
CAMBRIDGE ACQUISITION CORP010,000+10,000099,600+99,600
ITHAX ACQUISITION CORP III010,000+10,000099,000+99,000
Page 1 of 4