PCM

PenderFund Capital Management Portfolio holdings

AUM $514M

AUM

$514M

AUM Growth

+$48.8M (+10%)

Cap. Flow

+$20.5M

Cap. Flow % of AUM

3.99%

Top 10 Holdings %Top 10 Hldgs %

53.25%

Holding

179

New

41

Increased

33

Reduced

13

Closed

35

Top Buys

1	Forum Energy Technologies FET	$5.17M
2	Esperion Therapeutics ESPR	$4.14M
3	StoneCo STNE	$2.26M
4	Lithia Motors LAD	$1.01M
5	FNA Paragon 28, Inc. FNA	$787K

Top Sells

1	Lightspeed Commerce LSPD	$2.69M
2	PAR Technology PAR	$2.61M
3	KKR & Co KKR	$732K
4	SANG Sangoma Technologies SANG	$435K
5	Enstar Group ESGR	$287K

Sector Composition

1	Technology	11.63%
2	Financials	4.96%
3	Healthcare	3.44%
4	Energy	2.22%
5	Communication Services	1.67%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
151	PPYA 151 DELISTED Papaya Growth Opportunity Corp. I Class A Common Stock PPYA	$0	0%	0 -100	Closed	–
152	PFIE 152 DELISTED Profire Energy, Inc PFIE	$0	0%	0 -161,736	Closed	–
153	OMIC 153 DELISTED Singular Genomics Systems, Inc. Common Stock OMIC	$0	0%	0 -2,105	Closed	–
154	EMKR 154 DELISTED Emcore Corp EMKR	$0	0%	0 -91,297	Closed	–
155	MNTX 155 DELISTED Manitex International, Inc. MNTX	$0	0%	0 -96,200	Closed	–