We are live on ! Find out more
PCM

PenderFund Capital Management Portfolio holdings

AUM $780M
1-Year Est. Return 24.84%
This Fund
S&P 500
This Quarter Est. Return
+2.36%
1 Year Est. Return
+24.84%
3 Year Est. Return
+129.27%
5 Year Est. Return
+115.17%
10 Year Est. Return
–
AUM
$780M
AUM Growth
+$142M
Cap. Flow
-$394M
Cap. Flow %
-50.45%
Top 10 Hldgs %
52.1%
Holding
319
New
65
Increased
76
Reduced
41
Closed
88

Top Buys

Rank Stock Value
1
WEAT icon
Teucrium Wheat Fund
WEAT
+$16.2M
2
SANG
Sangoma Technologies
SANG
+$6.06M
3
BMM
Blue Moon Metals Inc
BMM
+$4.34M
4
CP icon
Canadian Pacific Kansas City
CP
+$2.31M
5
AMZN icon
Amazon
AMZN
+$1.53M

Top Sells

Rank Stock Value
1
PPLT
abrdn Physical Platinum Shares ETF
PPLT
+$13.9M
2
EQX icon
Equinox Gold
EQX
+$11.7M
3
MDA
MDA Space Ltd
MDA
+$9.17M
4
TSAT icon
Telesat
TSAT
+$7.06M
5
BUR icon
Burford Capital
BUR
+$1.88M

Sector Composition

Rank Sector Weight
1 Miscellaneous 78.9%
2 Technology 6.82%
3 Financials 3.39%
4 Industrials 3.09%
5 Healthcare 2.65%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
TLN
251
Talen Energy Corp
TLN
$15.2B
– –
-1,500
Closed -$479K
OS
252
DELISTED
OneStream Inc
OS
– –
-3,900
Closed -$93.6K
TONT
253
Graf Global Corp
TONT
$154M
– –
-10,000
Closed -$107K
SIMA
254
SIM Acquisition Corp I
SIMA
$91.5M
– –
-20,400
Closed -$219K
LPAA
255
Launch One Acquisition Corp
LPAA
$81M
– –
-31,400
Closed -$336K
VACH
256
DELISTED
Voyager Acquisition Corp
VACH
– –
-7,900
Closed -$98.7K
VCIC
257
DELISTED
Vine Hill Capital Investment Corp
VCIC
– –
-25,000
Closed -$275K
PMTR
258
Perimeter Acquisition Corp I
PMTR
$322M
– –
-8,000
Closed -$82K
FACWW
259
Factorial Energy Inc Warrant
FACWW
$10.4M
– –
-9,143
Closed -$6.54K
FAC
260
Factorial Energy Inc
FAC
$558M
– –
-22,700
Closed -$233K
CAEP
261
DELISTED
Cantor Equity Partners III
CAEP
– –
-7,200
Closed -$74.2K
BLUW
262
Blue Water Acquisition Corp III
BLUW
$335M
– –
-22,500
Closed -$232K
BSAA
263
BEST SPAC I Acquisition Corp
BSAA
$83.6M
– –
-11,800
Closed -$121K
LWAC
264
LightWave Acquisition Corp
LWAC
$310M
– –
-10,196
Closed -$103K
OBA
265
Oxley Bridge Acquisition Ltd
OBA
$326M
– –
-9,100
Closed -$92.2K
FIGX
266
FIGX Capital Acquisition Corp
FIGX
$200M
– –
-9,000
Closed -$91.2K
ONCHW
267
1RT Acquisition Corp Warrant
ONCHW
– –
-1,250
Closed -$556
HVMCW
268
Highview Merger Corp Warrants
HVMCW
$2.76M
– –
-9,000
Closed -$2.61K
MKLYR
269
McKinley Acquisition Corp Rights
MKLYR
– –
-14,900
Closed -$1.64K
MBVIW
270
M3-Brigade Acquisition VI Corp Warrant
MBVIW
$4.03M
– –
-3,461
Closed -$1.19K
BGSI
271
Boyd Group Services
BGSI
$2.52B
– –
-6,900
Closed -$881K
BLZRW
272
Trailblazer Acquisition Corp Warrant
BLZRW
$3.12M
– –
-3,333
Closed -$1.32K
OTGAW
273
OTG Acquisition Corp I Warrants
OTGAW
– –
-1,250
Closed -$344
LATAW
274
Galata Acquisition Corp II Warrant
LATAW
– –
-3,332
Closed -$1K
FCRS
275
FutureCrest Acquisition Corp
FCRS
$367M
– –
-5,000
Closed -$50.3K
8 9 10
11
12

Similar funds

NGM
North Growth Management Vancouver, British Columbia, Canada $780M AUM 102.77% 1-Year Est. Return
SAM
Summit Asset Management Memphis, Tennessee $780M AUM 16.8% 1-Year Est. Return
QCM
Qsemble Capital Management New York $781M AUM 15.27% 1-Year Est. Return
ABWM
Alpine Bank Wealth Management Grand Junction, Colorado $779M AUM 19.75% 1-Year Est. Return
AC
Asio Capital Lexington, Kentucky $781M AUM 26.78% 1-Year Est. Return
HI
Hudock Inc Williamsport, Pennsylvania $781M AUM 27.68% 1-Year Est. Return
MAM
Marquette Asset Management Minneapolis, Minnesota $779M AUM 23.4% 1-Year Est. Return
LTI
Laffer Tengler Investments Nashville, Tennessee $782M AUM 33.6% 1-Year Est. Return

PenderFund Capital Management's Q2 2026 Portfolio in Review

As of Q2 2026, PenderFund Capital Management held 319 positions worth $780M, up 22% from $639M the previous quarter. Its ten largest holdings account for 52% of the portfolio.

PenderFund Capital Management withdrew a net $394M in Q2 2026, closing 88 positions and reducing 41 holdings. Its most notable exit was Equinox Gold, an estimated $11.7M position sold in full.

By sector, the portfolio is most concentrated in Miscellaneous at 79% of assets, up from 75% a quarter earlier, followed by Technology and Financials.

Against the trend, PenderFund Capital Management opened a new position in Teucrium Wheat Fund worth $15.3M.

  • PenderFund Capital Management's largest Q2 2026 buy was Teucrium Wheat Fund: 696,000 shares worth $15.3M.
  • PenderFund Capital Management added most to Sangoma Technologies in Q2 2026, an estimated $6.06M increase.
  • PenderFund Capital Management's biggest Q2 2026 reduction was abrdn Physical Platinum Shares ETF, cutting an estimated $13.9M.
  • PenderFund Capital Management fully exited Equinox Gold in Q2 2026, selling an estimated $11.7M.
  • PenderFund Capital Management's ten largest holdings make up 52% of its $780M portfolio in Q2 2026.
  • PenderFund Capital Management opened 65 new positions and closed 88 in Q2 2026.
  • PenderFund Capital Management's portfolio value rose 22% quarter-over-quarter to $780M.

Based on PenderFund Capital Management's 13F filing for Q2 2026, filed 17 Aug 2026.