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
+12.09%
1 Year Est. Return
+31.05%
3 Year Est. Return
+130.01%
5 Year Est. Return
+118.66%
10 Year Est. Return
–
AUM
$412M
AUM Growth
+$18.4M
Cap. Flow
-$129M
Cap. Flow %
-31.25%
Top 10 Hldgs %
35.24%
Holding
109
New
27
Increased
15
Reduced
17
Closed
17

Top Buys

Rank Stock Value
1
TPL icon
Texas Pacific Land
TPL
+$7.11M
2
BUR icon
Burford Capital
BUR
+$4.52M
3
UTI icon
Universal Technical Institute
UTI
+$4.16M
4
SSNC icon
SS&C Technologies
SSNC
+$3.88M
5
IBKR icon
Interactive Brokers
IBKR
+$3.56M

Top Sells

Rank Stock Value
1
WIW
Western Asset Inflation-Linked Opportunities & Income Fund
WIW
+$5.53M
2
LEAF
Leaf Group Ltd.
LEAF
+$4.4M
3
EBIX
Ebix Inc
EBIX
+$3.94M
4
PPLI
People Inc
PPLI
+$3.71M
5
FAX
abrdn Asia-Pacific Income Fund
FAX
+$3.46M

Sector Composition

Rank Sector Weight
1 Technology 19.65%
2 Communication Services 12.52%
3 Financials 12.42%
4 Consumer Discretionary 5.08%
5 Energy 4.75%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
BUR icon
1
Burford Capital
BUR
$907M
$20.5M 4.97%
1,811,170
+515,707
+40% +$4.52M
SSNC icon
2
SS&C Technologies
SSNC
$17.8B
$14.2M 3.45%
161,850
+57,400
+55% +$3.88M
BIDU icon
3
Baidu
BIDU
$35.8B
$13.5M 3.29%
49,530
-6,720
-12% -$1.75M
IBKR icon
4
Interactive Brokers
IBKR
$40.9B
$12.8M 3.11%
558,400
+197,600
+55% +$3.56M
TPL icon
5
Texas Pacific Land
TPL
$28.9B
$12.7M 3.08%
+57,105
New +$7.11M
AVNW icon
6
Aviat Networks
AVNW
$262M
$12.5M 3.03%
279,226
-25,000
-8% -$658K
Z icon
7
Zillow
Z
$7.04B
$11.3M 2.74%
69,354
-2,820
-4% -$418K
KKR icon
8
KKR & Co
KKR
$89.2B
$11.3M 2.74%
183,608
-17,532
-9% -$784K
JD icon
9
JD.com
JD
$40.8B
$10.9M 2.65%
103,105
+17,500
+20% +$1.6M
BHC icon
10
Bausch Health
BHC
$1.65B
$10.5M 2.54%
262,625
-55,500
-17% -$1.63M
PPLI
11
People Inc
PPLI
$3.1B
$9.88M 2.4%
66,581
-29,864
-31% -$3.71M
UTI icon
12
Universal Technical Institute
UTI
$2.08B
$9.09M 2.21%
1,237,982
+674,357
+120% +$4.16M
PAR icon
13
PAR Technology
PAR
$637M
$8.88M 2.16%
107,981
+4,200
+4% +$312K
SFIX
14
Stitch Fix
SFIX
$478M
$8.85M 2.15%
142,205
-30,770
-18% -$2.17M
EBIX
15
DELISTED
Ebix Inc
EBIX
$8.53M 2.07%
211,957
-102,126
-33% -$3.94M
HHH icon
16
Howard Hughes
HHH
$3.93B
$7.75M 1.88%
68,014
-33,369
-33% -$2.94M
XYZ
17
Block Inc
XYZ
$45.9B
$7.45M 1.81%
26,100
-2,500
-9% -$585K
FTSI
18
DELISTED
FTS International, Inc. Common Stock
FTSI
$6.9M 1.68%
222,032
+20,176
+10% +$413K
LILA icon
19
Liberty Latin America Class A
LILA
$1.51B
$6.21M 1.51%
567,251
+111,156
+24% +$915K
FLR icon
20
Fluor
FLR
$7.29B
$6.14M 1.49%
211,700
– –
EGAN icon
21
eGain
EGAN
$176M
$6.02M 1.46%
504,500
+232,099
+85% +$2.59M
CLDR
22
DELISTED
Cloudera, Inc.
CLDR
$5.64M 1.37%
368,500
– –
SHSP
23
DELISTED
SharpSpring, Inc.
SHSP
$5.58M 1.36%
277,602
– –
TWTR
24
DELISTED
Twitter, Inc.
TWTR
$5.57M 1.35%
69,700
-9,400
-12% -$575K
LILAK icon
25
Liberty Latin America Class C
LILAK
$1.5B
$5.05M 1.23%
340,517
+257,386
+310% +$2.82M
1
2 3 4

Similar funds

GWMIA
Global Wealth Management Investment Advisory Fort Lauderdale, Florida $638M AUM 17.53% 1-Year Est. Return
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

PenderFund Capital Management's Q1 2021 Portfolio in Review

As of Q1 2021, PenderFund Capital Management held 109 positions worth $412M, up 4.7% from $393M the previous quarter. Its ten largest holdings account for 35% of the portfolio.

PenderFund Capital Management withdrew a net $129M in Q1 2021, closing 17 positions and reducing 17 holdings. Its most notable exit was Western Asset Inflation-Linked Opportunities & Income Fund, an estimated $5.53M position sold in full.

By sector, the portfolio is most concentrated in Technology at 20% of assets, down from 20% a quarter earlier, followed by Communication Services and Financials.

Against the trend, PenderFund Capital Management opened a new position in Texas Pacific Land worth $12.7M.

  • PenderFund Capital Management's largest Q1 2021 buy was Texas Pacific Land: 57,105 shares worth $12.7M.
  • PenderFund Capital Management added most to Burford Capital in Q1 2021, an estimated $4.52M increase.
  • PenderFund Capital Management's biggest Q1 2021 reduction was Leaf Group Ltd., cutting an estimated $4.4M.
  • PenderFund Capital Management fully exited Western Asset Inflation-Linked Opportunities & Income Fund in Q1 2021, selling an estimated $5.53M.
  • PenderFund Capital Management's ten largest holdings make up 35% of its $412M portfolio in Q1 2021.
  • PenderFund Capital Management opened 27 new positions and closed 17 in Q1 2021.
  • PenderFund Capital Management's portfolio value rose 4.7% quarter-over-quarter to $412M.

Based on PenderFund Capital Management's 13F filing for Q1 2021, filed 10 May 2021.