PenderFund Capital Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Interactive Brokers
IBKR
|
+$3.82M |
| 2 |
SFIX
Stitch Fix
SFIX
|
+$3.64M |
| 3 |
EVV
Eaton Vance Limited Duration Income Fund
EVV
|
+$3.27M |
| 4 |
Texas Pacific Land
TPL
|
+$2.35M |
| 5 |
XYZ
Block Inc
XYZ
|
+$2.21M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Zillow
Z
|
+$4.1M |
| 2 |
JD.com
JD
|
+$2.78M |
| 3 |
SS&C Technologies
SSNC
|
+$2.34M |
| 4 |
VTA
INVESCO DYNAMIC CREDIT OPPORTUNITIES FUND
VTA
|
+$2.25M |
| 5 |
MAXR
Maxar Technologies Inc. Common Stock
MAXR
|
+$1.72M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 22.49% |
| 2 | Consumer Discretionary | 6.76% |
| 3 | Financials | 5.62% |
| 4 | Communication Services | 5.06% |
| 5 | Real Estate | 3.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Northrop Grumman
NOC
$80.7B
| $501K | 0.14% |
1,200
| – | – |
|
|
DESP
52
DELISTED
Despegar.com
DESP
| $371K | 0.1% |
38,100
| – | – |
|
|
MMX
53
DELISTED
Maverix Metals Inc. Common Shares
MMX
| $301K | 0.08% |
+50,000
| New | +$215K |
|
54
Starbucks
SBUX
$120B
| $270K | 0.07% |
2,700
| – | – |
|
55
FirstService
FSV
$6.27B
| $164K | 0.04% |
1,200
+200
| +20% | +$17.7K |
|
|
UUUU.WS
56
DELISTED
Energy Fuels Inc.
UUUU.WS
| $130K | 0.04% |
200,000
| – | – |
|
57
Colliers International
CIGI
$5.05B
| $125K | 0.03% |
+1,600
| New | +$85.6K |
|
|
BRW
58
Saba Capital Income & Opportunities Fund
BRW
$342M
| – | – |
-25,000
| Closed | -$261K |
|
|
PHD
59
DELISTED
Pioneer Floating Rate Fund
PHD
| – | – |
-100,000
| Closed | -$1.08M |
|
60
SandRidge Energy
SD
$497M
| – | – |
-926,325
| Closed | -$1.17M |
|
|
VTA
61
DELISTED
INVESCO DYNAMIC CREDIT OPPORTUNITIES FUND
VTA
| – | – |
-200,000
| Closed | -$2.25M |
|
Similar funds
PenderFund Capital Management's Q2 2020 Portfolio in Review
As of Q2 2020, PenderFund Capital Management held 75 positions worth $370M, up 15% from $320M the previous quarter. Its ten largest holdings account for 38% of the portfolio.
PenderFund Capital Management withdrew a net $125M in Q2 2020, closing 4 positions and reducing 20 holdings. Its most notable exit was INVESCO DYNAMIC CREDIT OPPORTUNITIES FUND, an estimated $2.25M position sold in full.
By sector, the portfolio is most concentrated in Technology at 22% of assets, up from 17% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, PenderFund Capital Management opened a new position in Interactive Brokers worth $5.18M.
- PenderFund Capital Management's largest Q2 2020 buy was Interactive Brokers: 365,200 shares worth $5.18M.
- PenderFund Capital Management added most to Fluor in Q2 2020, an estimated $1.04M increase.
- PenderFund Capital Management's biggest Q2 2020 reduction was Zillow, cutting an estimated $4.1M.
- PenderFund Capital Management fully exited INVESCO DYNAMIC CREDIT OPPORTUNITIES FUND in Q2 2020, selling an estimated $2.25M.
- PenderFund Capital Management's ten largest holdings make up 38% of its $370M portfolio in Q2 2020.
- PenderFund Capital Management opened 17 new positions and closed 4 in Q2 2020.
- PenderFund Capital Management's portfolio value rose 15% quarter-over-quarter to $370M.
Based on PenderFund Capital Management's 13F filing for Q2 2020, filed 17 Aug 2020.