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
+12.14%
1 Year Est. Return
+24.84%
3 Year Est. Return
+129.27%
5 Year Est. Return
+115.17%
10 Year Est. Return
–
AUM
$286M
AUM Growth
+$45.8M
Cap. Flow
-$55.6M
Cap. Flow %
-19.43%
Top 10 Hldgs %
50.37%
Holding
78
New
6
Increased
13
Reduced
13
Closed
16

Top Buys

Rank Stock Value
1
LBRDK
Liberty Broadband Class C
LBRDK
+$6.33M
2
MIDD icon
Middleby
MIDD
+$5.96M
3
ENOV icon
Enovis
ENOV
+$5.72M
4
SWIR
Sierra Wireless
SWIR
+$2.63M
5
MCA
BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND, INC
MCA
+$2.33M

Top Sells

Rank Stock Value
1
KW
Kennedy-Wilson Holdings
KW
+$11M
2
BPY
Brookfield Property Partners L.P. Limited Partnership Units
BPY
+$9.02M
3
LILA icon
Liberty Latin America Class A
LILA
+$8.75M
4
ZYME icon
Zymeworks
ZYME
+$5.36M
5
CMG icon
Chipotle Mexican Grill
CMG
+$4.89M

Sector Composition

Rank Sector Weight
1 Technology 25.54%
2 Miscellaneous 21.45%
3 Communication Services 15.78%
4 Real Estate 9.43%
5 Materials 7.69%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
BIDU icon
1
Baidu
BIDU
$33.7B
$17.1M 6%
49,034
+3,900
+9% +$971K
ESI icon
2
Element Solutions
ESI
$8.78B
$17M 5.95%
1,061,400
-308,600
-23% -$3.36M
HHH icon
3
Howard Hughes
HHH
$3.83B
$15.9M 5.57%
89,461
– –
SWIR
4
DELISTED
Sierra Wireless
SWIR
$15.9M 5.56%
709,440
+154,700
+28% +$2.63M
ENOV icon
5
Enovis
ENOV
$1.07B
$15.6M 5.47%
228,356
+105,858
+86% +$5.72M
LBRDK
6
DELISTED
Liberty Broadband Class C
LBRDK
$14.8M 5.16%
141,000
+83,600
+146% +$6.33M
TRIP icon
7
TripAdvisor
TRIP
$1.09B
$13.6M 4.74%
172,807
-66,993
-28% -$3.2M
MIDD icon
8
Middleby
MIDD
$5.05B
$11.8M 4.13%
89,855
+52,655
+142% +$5.96M
SYNT
9
DELISTED
Syntel Inc
SYNT
$11.7M 4.08%
235,564
-45,700
-16% -$1.37M
KW
10
DELISTED
Kennedy-Wilson Holdings
KW
$10.7M 3.73%
372,256
-561,056
-60% -$11M
MATR
11
DELISTED
Mattersight Corp.
MATR
$9.8M 3.43%
2,833,126
-128,104
-4% -$323K
EGC
12
DELISTED
Energy XXI Gulf Coast, Inc. Common Stock
EGC
$7.68M 2.69%
650,399
-247,401
-28% -$1.69M
UPLD icon
13
Upland Software
UPLD
$10.9M
$7.54M 2.64%
16,346
+1,966
+14% +$616K
DISCK
14
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
$6.99M 2.44%
210,600
– –
LEAF
15
DELISTED
Leaf Group Ltd.
LEAF
$6.41M 2.24%
425,000
– –
SEAC
16
DELISTED
Seachange International Inc
SEAC
$6.25M 2.19%
72,086
+207
+0.3% +$12.6K
AIG.WS
17
DELISTED
American International Group, Inc.
AIG.WS
$6M 2.1%
284,614
– –
ASUR icon
18
Asure Software
ASUR
$268M
$5.8M 2.03%
275,551
-112,790
-29% -$1.84M
PKX icon
19
POSCO
PKX
$19B
$4.99M 1.75%
53,600
-5,050
-9% -$409K
MODN
20
DELISTED
MODEL N, INC.
MODN
$3.62M 1.27%
139,843
– –
PXLW icon
21
Pixelworks
PXLW
$43.1M
$3.34M 1.17%
59,052
+108
+0.2% +$5.3K
PCOM
22
DELISTED
Points.com Inc. Common Shares
PCOM
$3.15M 1.1%
138,260
-92,000
-40% -$1.17M
NAN icon
23
Nuveen New York Quality Municipal Income Fund
NAN
$361M
$2.83M 0.99%
225,000
+165,000
+275% +$2.07M
NMY
24
DELISTED
Nuveen Maryland Quality Municipal Income Fund
NMY
$2.73M 0.95%
225,000
+65,000
+41% +$786K
VPV icon
25
Invesco Pennsylvania Value Municipal Income Trust
VPV
$199M
$2.69M 0.94%
225,000
+25,000
+13% +$294K
1
2 3

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 2018 Portfolio in Review

As of Q2 2018, PenderFund Capital Management held 78 positions worth $286M, up 19% from $240M the previous quarter. Its ten largest holdings account for 50% of the portfolio.

PenderFund Capital Management withdrew a net $55.6M in Q2 2018, closing 16 positions and reducing 13 holdings. Its most notable exit was Brookfield Property Partners L.P. Limited Partnership Units, an estimated $9.02M position sold in full.

By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 25% a quarter earlier, followed by Miscellaneous and Communication Services.

Against the trend, PenderFund Capital Management opened a new position in BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND, INC worth $2.33M.

  • PenderFund Capital Management's largest Q2 2018 buy was BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND, INC: 175,000 shares worth $2.33M.
  • PenderFund Capital Management added most to Liberty Broadband Class C in Q2 2018, an estimated $6.33M increase.
  • PenderFund Capital Management's biggest Q2 2018 reduction was Kennedy-Wilson Holdings, cutting an estimated $11M.
  • PenderFund Capital Management fully exited Brookfield Property Partners L.P. Limited Partnership Units in Q2 2018, selling an estimated $9.02M.
  • PenderFund Capital Management's ten largest holdings make up 50% of its $286M portfolio in Q2 2018.
  • PenderFund Capital Management opened 6 new positions and closed 16 in Q2 2018.
  • PenderFund Capital Management's portfolio value rose 19% quarter-over-quarter to $286M.

Based on PenderFund Capital Management's 13F filing for Q2 2018, filed 17 Jul 2018.