PenderFund Capital Management’s Docebo DCBO Stock Holding History

PenderFund Capital Management’s Portfolio DCBO Stock Details DCBO Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q3	–	Sell	-151,920	Closed	-$4.4M	–	215
2025 Q2	$4.4M	Hold	151,920	–	–	1.04%	26
2025 Q1	$157K	Hold	151,920	–	–	0.04%	95
2024 Q4	$9.79M	Buy	151,920 +34,100	+29%	+$1.61M	2.1%	15
2024 Q3	$7.03M	Hold	117,820	–	–	1.62%	15
2024 Q2	$6.22M	Hold	117,820	–	–	1.71%	13
2024 Q1	$7.8M	Hold	117,820	–	–	2.06%	13
2023 Q4	$7.54M	Hold	117,820	–	–	2.46%	13
2023 Q3	$6.49M	Hold	117,820	–	–	1.94%	14
2023 Q2	$6.18M	Hold	117,820	–	–	1.92%	15
2023 Q1	$6.48M	Hold	117,820	–	–	2.04%	17
2022 Q4	$5.27M	Hold	117,820	–	–	1.57%	22
2022 Q3	$4.39M	Buy	117,820 +57,820	+96%	+$1.76M	1.37%	26
2022 Q2	$2.22M	Buy	+60,000	New	+$2.28M	0.61%	33

Other funds holding DCBO

Warburg Pincus New York $343M AUM 18.86% 1-Year Est. Return

BGC

Beutel, Goodman & Co Toronto, Ontario, Canada $14.8B AUM 15.12% 1-Year Est. Return

CRCM

Cat Rock Capital Management Greenwich, Connecticut $644M AUM 1.97% 1-Year Est. Return

LPP

Long Path Partners Stamford, Connecticut $220M AUM 25.96% 1-Year Est. Return

Arrowstreet Capital Boston, Massachusetts $185B AUM 39.58% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

CIBC Asset Management Toronto, Ontario, Canada $40.9B AUM 35.96% 1-Year Est. Return

Bank of Montreal Toronto, Ontario, Canada $269B AUM 31.4% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

TCM

Topline Capital Management Santa Monica, California $605M AUM 26.24% 1-Year Est. Return

PenderFund Capital Management's DCBO Position: Q3 2025 in Review

PenderFund Capital Management sold out of Docebo (DCBO) in Q3 2025, closing a stake of 151,920 shares — an estimated $4.4M sold.

PenderFund Capital Management first reported a position in DCBO in Q2 2022 and held it in 13 quarters. The position peaked at $9.79M in Q4 2024. 89 funds tracked by Wall St. Rank hold DCBO as of Q3 2025.

PenderFund Capital Management reported no remaining Docebo position as of Q3 2025 after selling out during the quarter.
PenderFund Capital Management sold 151,920 Docebo shares in Q3 2025, an estimated $4.4M.
PenderFund Capital Management first reported a position in Docebo in Q2 2022 and held it in 13 quarters.
PenderFund Capital Management's Docebo position peaked at $9.79M in Q4 2024.
89 funds tracked by Wall St. Rank held Docebo as of Q3 2025.

Based on PenderFund Capital Management's 13F filing for Q3 2025, filed 14 Nov 2025.