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
+7.96%
1 Year Est. Return
+31.05%
3 Year Est. Return
+130.01%
5 Year Est. Return
+118.66%
10 Year Est. Return
–
AUM
$635M
AUM Growth
+$41.9M
Cap. Flow
-$261M
Cap. Flow %
-41.08%
Top 10 Hldgs %
52.81%
Holding
298
New
97
Increased
37
Reduced
21
Closed
82

Top Buys

Rank Stock Value
1
SARO
StandardAero Inc
SARO
+$2.2M
2
ADUS icon
Addus HomeCare
ADUS
+$2.08M
3
BGSI
Boyd Group Services
BGSI
+$2M
4
FLR icon
Fluor
FLR
+$1.96M
5
DLTR icon
Dollar Tree
DLTR
+$1.95M

Top Sells

Rank Stock Value
1
EQX icon
Equinox Gold
EQX
+$48.5M
2
WEAT icon
Teucrium Wheat Fund
WEAT
+$14.3M
3
PAR icon
PAR Technology
PAR
+$13.5M
4
PPLT
abrdn Physical Platinum Shares ETF
PPLT
+$9.25M
5
ESPR
Esperion Therapeutics
ESPR
+$7.38M

Sector Composition

Rank Sector Weight
1 Technology 8.67%
2 Materials 6.89%
3 Healthcare 3.57%
4 Financials 3.5%
5 Industrials 1.5%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
MKL icon
26
Markel Group
MKL
$23.1B
$1.11M 0.18%
517
+2
+0.4% +$4.05K
DHR icon
27
Danaher
DHR
$139B
$1.08M 0.17%
4,700
– –
EVR icon
28
Evercore
EVR
$12.2B
$1.04M 0.16%
3,060
+60
+2% +$19.3K
ISOU
29
IsoEnergy Ltd
ISOU
$680M
$1.02M 0.16%
111,600
+51,000
+84% +$460K
BIDU icon
30
Baidu
BIDU
$37.1B
$993K 0.16%
+7,600
New +$943K
MCHP icon
31
Microchip Technology
MCHP
$42.8B
$945K 0.15%
14,835
+475
+3% +$29.3K
SHCO
32
DELISTED
Soho House & Co
SHCO
$887K 0.14%
98,995
+56,095
+131% +$498K
BEP icon
33
Brookfield Renewable
BEP
$9.93B
$811K 0.13%
30,000
– –
LAD icon
34
Lithia Motors
LAD
$8.29B
$798K 0.13%
2,400
– –
WIA
35
Western Asset Inflation-Linked Income Fund
WIA
$186M
$794K 0.13%
96,300
+7,200
+8% +$60.2K
MRVI icon
36
Maravai LifeSciences
MRVI
$920M
$717K 0.11%
220,500
-199,357
-47% -$671K
CVE icon
37
Cenovus Energy
CVE
$52.1B
$677K 0.11%
40,000
+30,000
+300% +$521K
CCJ icon
38
Cameco
CCJ
$41.7B
$668K 0.11%
+7,300
New +$657K
NVDA icon
39
NVIDIA
NVDA
$5.28T
$653K 0.1%
+3,500
New +$651K
AAUC
40
Allied Gold Corp
AAUC
$2.52B
$619K 0.1%
+27,000
New +$520K
DAY
41
DELISTED
Dayforce
DAY
$574K 0.09%
8,300
+6,900
+493% +$475K
TLN
42
Talen Energy Corp
TLN
$16.4B
$562K 0.09%
+1,500
New +$583K
ATS icon
43
ATS Corp
ATS
$2.08B
$551K 0.09%
20,000
– –
WCN
44
Waste Connections
WCN
$41.3B
$526K 0.08%
3,000
– –
DMIIU
45
Drugs Made In America Acquisition II Corp Unit
DMIIU
$497K 0.08%
49,700
-18,800
-27% -$188K
AL
46
DELISTED
Air Lease Corp
AL
$490K 0.08%
7,626
+6,700
+724% +$428K
WBD icon
47
Warner Bros
WBD
$66.4B
$484K 0.08%
+16,800
New +$393K
VZLA
48
Vizsla Silver
VZLA
$1.26B
$454K 0.07%
83,000
– –
CYBR
49
DELISTED
CyberArk
CYBR
$446K 0.07%
1,000
+200
+25% +$96.3K
SZZL
50
Sizzle Acquisition Corp II
SZZL
$325M
$443K 0.07%
+43,642
New +$443K
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 Q4 2025 Portfolio in Review

As of Q4 2025, PenderFund Capital Management held 298 positions worth $635M, up 7.1% from $593M the previous quarter. Its ten largest holdings account for 53% of the portfolio.

PenderFund Capital Management withdrew a net $261M in Q4 2025, closing 82 positions and reducing 21 holdings. Its most notable exit was Equinox Gold, an estimated $48.5M position sold in full.

By sector, the portfolio is most concentrated in Technology at 8.7% of assets, up from 7.8% a quarter earlier, followed by Materials and Healthcare.

Against the trend, PenderFund Capital Management opened a new position in StandardAero Inc worth $2.31M.

  • PenderFund Capital Management's largest Q4 2025 buy was StandardAero Inc: 80,700 shares worth $2.31M.
  • PenderFund Capital Management added most to Addus HomeCare in Q4 2025, an estimated $2.08M increase.
  • PenderFund Capital Management's biggest Q4 2025 reduction was abrdn Physical Platinum Shares ETF, cutting an estimated $9.25M.
  • PenderFund Capital Management fully exited Equinox Gold in Q4 2025, selling an estimated $48.5M.
  • PenderFund Capital Management's ten largest holdings make up 53% of its $635M portfolio in Q4 2025.
  • PenderFund Capital Management opened 97 new positions and closed 82 in Q4 2025.
  • PenderFund Capital Management's portfolio value rose 7.1% quarter-over-quarter to $635M.

Based on PenderFund Capital Management's 13F filing for Q4 2025, filed 17 Feb 2026.