We are live on ! Find out more
PCM

PenderFund Capital Management Portfolio holdings

AUM $639M
1-Year Est. Return 31.05%
This Fund
S&P 500
This Quarter Est. Return
+34.02%
1 Year Est. Return
+31.05%
3 Year Est. Return
+130.01%
5 Year Est. Return
+118.66%
10 Year Est. Return
–
AUM
$367M
AUM Growth
-$98.3M
Cap. Flow
-$220M
Cap. Flow %
-59.98%
Top 10 Hldgs %
53.71%
Holding
177
New
41
Increased
33
Reduced
13
Closed
35

Top Buys

Rank Stock Value
1
ESPR
Esperion Therapeutics
ESPR
+$3.69M
2
FET icon
Forum Energy Technologies
FET
+$3.3M
3
STNE icon
StoneCo
STNE
+$1.41M
4
MRVI icon
Maravai LifeSciences
MRVI
+$972K
5
LAD icon
Lithia Motors
LAD
+$817K

Top Sells

Rank Stock Value
1
NAD icon
Nuveen Quality Municipal Income Fund
NAD
+$5.61M
2
NEA icon
Nuveen AMT-Free Quality Municipal Income Fund
NEA
+$4.3M
3
LSPD icon
Lightspeed Commerce
LSPD
+$2.75M
4
IBKR icon
Interactive Brokers
IBKR
+$2.55M
5
TPL icon
Texas Pacific Land
TPL
+$2.38M

Sector Composition

Rank Sector Weight
1 Technology 18.98%
2 Financials 18.42%
3 Industrials 12.61%
4 Consumer Discretionary 10.54%
5 Healthcare 6.01%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
MKL icon
26
Markel Group
MKL
$23.2B
$2.31M 0.63%
509
+5
+1% +$9.2K
HHH icon
27
Howard Hughes
HHH
$4.06B
$2.1M 0.57%
7,900
-1,700
-18% -$128K
ACCD
28
DELISTED
Accolade Inc
ACCD
$2.09M 0.57%
+62,700
New +$420K
ML
29
DELISTED
MoneyLion Inc.
ML
$2.03M 0.55%
4,800
– –
NVRO
30
DELISTED
NEVRO CORP.
NVRO
$1.83M 0.5%
+64,329
New +$339K
EEFT icon
31
Euronet Worldwide
EEFT
$2.73B
$1.79M 0.49%
+190
New +$19.3K
LPAAW
32
Launch One Acquisition Corp Warrant
LPAAW
$1.96M
$1.73M 0.47%
30,000
– –
MRVI icon
33
Maravai LifeSciences
MRVI
$922M
$1.49M 0.41%
826,300
+246,000
+42% +$972K
CCRN
34
DELISTED
Cross Country Healthcare
CCRN
$869K 0.24%
27,100
+1,400
+5% +$24.1K
DNB
35
DELISTED
Dun & Bradstreet
DNB
$783K 0.21%
+33,100
New +$339K
LNSR icon
36
LENSAR
LNSR
$70.5M
$740K 0.2%
+16,700
New +$192K
PLYA
37
DELISTED
Playa Hotels & Resorts
PLYA
$717K 0.2%
+35,400
New +$459K
MPWR icon
38
Monolithic Power Systems
MPWR
$66.8B
$704K 0.19%
+17
New +$10.7K
NXE icon
39
NexGen Energy
NXE
$6.86B
$661K 0.18%
11,600
+3,600
+45% +$21.3K
BERY
40
DELISTED
Berry Global Group, Inc.
BERY
$613K 0.17%
+5,100
New +$354K
LPAA
41
Launch One Acquisition Corp
LPAA
$585K 0.16%
60,000
– –
TGI
42
DELISTED
Triumph Group
TGI
$582K 0.16%
+19,400
New +$449K
OPTN
43
DELISTED
OptiNose
OPTN
$576K 0.16%
+18,800
New +$118K
RDFN
44
DELISTED
Redfin
RDFN
$547K 0.15%
+19,698
New +$168K
ITRI icon
45
Itron
ITRI
$4.5B
$541K 0.15%
154
+104
+208% +$10.9K
WIW
46
Western Asset Inflation-Linked Opportunities & Income Fund
WIW
$511M
$495K 0.13%
966,856
+13,762
+1% +$119K
VRSN icon
47
VeriSign
VRSN
$26.4B
$492K 0.13%
68
+39
+134% +$8.86K
PYCR
48
DELISTED
Paycor HCM, Inc. Common Stock
PYCR
$472K 0.13%
+13,500
New +$299K
CLVT icon
49
Clarivate
CLVT
$1.18B
$472K 0.13%
531,100
– –
BOOM icon
50
DMC Global
BOOM
$154M
$451K 0.12%
+13,800
New +$113K
1
2
3 4 5

Similar funds

SJIC
St. James Investment Company Southlake, Texas $638M AUM 15.14% 1-Year Est. Return
BPC
Bearing Point Capital Bloomington, Minnesota $638M AUM 32.99% 1-Year Est. Return
BIA
Bell Investment Advisors Oakland, California $639M AUM 13.28% 1-Year Est. Return
KCM
Kultura Capital Management Park City, Utah $638M AUM
SCP
Stamos Capital Partners Menlo Park, California $640M AUM 15.65% 1-Year Est. Return
SFG
SevenBridge Financial Group Harrisburg, Pennsylvania $640M AUM 27.29% 1-Year Est. Return
FTC
Farmers Trust Company Youngstown, Ohio $637M AUM 23.14% 1-Year Est. Return
WHGAM
Wealth High Governance Asset Management Sao Paulo $641M AUM

PenderFund Capital Management's Q1 2025 Portfolio in Review

As of Q1 2025, PenderFund Capital Management held 177 positions worth $367M, down 21% from $465M the previous quarter. Its ten largest holdings account for 54% of the portfolio.

PenderFund Capital Management withdrew a net $220M in Q1 2025, closing 35 positions and reducing 13 holdings. Its most notable exit was Nuveen Quality Municipal Income Fund, an estimated $5.61M position sold in full.

By sector, the portfolio is most concentrated in Technology at 19% of assets, down from 19% a quarter earlier, followed by Financials and Industrials.

Against the trend, PenderFund Capital Management opened a new position in Esperion Therapeutics worth $10.8M.

  • PenderFund Capital Management's largest Q1 2025 buy was Esperion Therapeutics: 2,000,000 shares worth $10.8M.
  • PenderFund Capital Management added most to Forum Energy Technologies in Q1 2025, an estimated $3.3M increase.
  • PenderFund Capital Management's biggest Q1 2025 reduction was Lightspeed Commerce, cutting an estimated $2.75M.
  • PenderFund Capital Management fully exited Nuveen Quality Municipal Income Fund in Q1 2025, selling an estimated $5.61M.
  • PenderFund Capital Management's ten largest holdings make up 54% of its $367M portfolio in Q1 2025.
  • PenderFund Capital Management opened 41 new positions and closed 35 in Q1 2025.
  • PenderFund Capital Management's portfolio value fell 21% quarter-over-quarter to $367M.

Based on PenderFund Capital Management's 13F filing for Q1 2025, filed 15 May 2025.