13F-HR filed by PenderFund Capital Management Ltd.
PenderFund Capital Management Ltd. filed this 13F-HR for the quarter ended 2025-06-30, filed 2025-08-14, with 159 holding rows worth $422,540,965.
- Accession
- 0001706164-25-000003
- Filer
- CIK 1706164
- Filed
- 2025-08-14
- Accepted by EDGAR
- acceptance time not in the bulk data set
- Ingested
- Source
- SEC quarterly data set
13F report for Q2 2025
A holdings report, 159 entries on the cover page, a total value of $422,540,965 stated on the cover page (in dollars after the unit check, H1), rows summing to $422,540,965 with VALUE read as dollars as filed, 13F file number 028-18272. The quarter's positions are built on this report. The resolved quarter.
The information table after summing rows of one CUSIP and put or call (H4), with the CUSIP and issuer name as filed. Values in dollars after the unit check (method).
| Issuer as filed | CUSIP | Class | Amount | Value | Value read as | Type |
|---|---|---|---|---|---|---|
| FIRST MAJESTIC SILVER CORP | 32076VAD5 | NOTE 0.375% 1/1 | 43,340,000 | $41,593,145 | dollars as filed | principal |
| ABRDN PLATINUM ETF TRUST | 003260106 | PHYSCL PLATM SHS | 312,200 | $38,360,014 | dollars as filed | |
| DUKE ENERGY CORP | 26441CBY0 | CONV BND | 22,000,000 | $23,495,083 | dollars as filed | principal |
| SSR Mining Inc | 784730AB9 | Convertible bond | 21,987,000 | $22,714,990 | dollars as filed | principal |
| SANGOMA TECHNOLOGIES CORP | 80100R408 | COM NEW | 3,237,333 | $20,064,689 | dollars as filed | |
| PDD HOLDINGS INC | 722304AC6 | NOTE 12/0 | 18,500,000 | $18,037,500 | dollars as filed | principal |
| EQUINOX GOLD CORP | 29446YAC0 | NOTE 4.750%10/1 | 12,077,000 | $14,673,890 | dollars as filed | principal |
| CARDLYTICS INC | 14161WAD7 | NOTE 4.250% 4/0 | 34,610,000 | $14,306,909 | dollars as filed | principal |
| MAGNITE INC | 55955DAB6 | NOTE 0.250% 3/1 | 14,225,000 | $13,760,587 | dollars as filed | principal |
| PAR TECHNOLOGY CORP | 698884103 | COM | 188,909 | $13,104,617 | dollars as filed | |
| NIO INC | 62914VAJ5 | NOTE 3.875%10/1 | 16,770,000 | $12,081,764 | dollars as filed | principal |
| SOUTHERN CO | 842587DZ7 | NOTE 4.500% 6/1 | 10,000,000 | $11,070,110 | dollars as filed | principal |
| NIO INC | 62914VAK2 | NOTE 4.625%10/1 | 17,150,000 | $11,049,126 | dollars as filed | principal |
| BURFORD CAPITAL LIMITED | G17977110 | ORD SHS | 744,713 | $10,619,607 | dollars as filed | |
| OPKO HEALTH INC | 68375NAG8 | NOTE 3.750% 1/1 | 7,311,000 | $9,955,145 | dollars as filed | principal |
| PPL CAP FDG INC | 69352PAS2 | NOTE 2.875% 3/1 | 9,000,000 | $9,819,162 | dollars as filed | principal |
| WESTERN AST INFL LKD OPP & I | 95766R104 | COM | 995,797 | $8,723,182 | dollars as filed | |
| iShares Silver Trust | 46428Q109 | COM | 250,000 | $8,202,500 | dollars as filed | |
| SPROTT PHYSICAL SILVER TR | 85207K107 | TR UNIT | 665,000 | $8,139,600 | dollars as filed | |
| BEYOND MEAT INC | 08862EAB5 | NOTE 3/1 | 93,792,000 | $7,925,442 | dollars as filed | principal |
| TXNM ENERGY INC | 69349HAF4 | NOTE 5.750% 6/0 | 5,900,000 | $7,701,941 | dollars as filed | principal |
| FORUM ENERGY TECHNOLOGIES IN | 34984V209 | COMMON STOCK | 377,679 | $7,353,410 | dollars as filed | |
| WOLFSPEED INC | 225447AD3 | NOTE 1.750% 5/0 | 25,329,000 | $6,597,325 | dollars as filed | principal |
| ESPERION THERAPEUTICS INC NEW COM | 29664W105 | Stock | 6,676,519 | $6,572,365 | dollars as filed | |
| AIRBNB INC CLASS A | 009066AB7 | CLASS A | 5,000,000 | $4,832,483 | dollars as filed | principal |
| DOCEBO INC COM | 25609L105 | Stock | 151,920 | $4,403,365 | dollars as filed | |
| CARDLYTICS INC | 14161WAB1 | BOND | 4,518,000 | $4,395,763 | dollars as filed | principal |
| ZILLOW GROUP INC CL C CAP STK | 98954M200 | Stock | 49,757 | $3,485,478 | dollars as filed | |
| WOLFSPEED INC | 977852AD4 | NOTE 1.875%12/0 | 12,500,000 | $3,238,281 | dollars as filed | principal |
| MOLINA HEALTHCARE INC | 60855R100 | COM | 10,115 | $3,013,259 | dollars as filed | |
| Esperion Therapeutics Inc | 29664WAB1 | NOTE 4.000%11/15/25 | 3,000,000 | $2,957,208 | dollars as filed | principal |
| SPIRIT AVIATION HLDGS IN | 84863V101 | COM | 578,947 | $2,888,946 | dollars as filed | |
| WOLFSPEED INC | 977852AB8 | NOTE 0.250% 2/1 | 10,000,000 | $2,584,444 | dollars as filed | principal |
| TELESAT CORP | 879512309 | CL A & CL B SHS | 100,600 | $2,448,235 | dollars as filed | |
| CLARIVATE PLC | G21810109 | ORD SHS | 531,100 | $2,283,730 | dollars as filed | |
| STONECO LTD | G85158106 | COM CL A | 141,000 | $2,261,640 | dollars as filed | |
| MARAVAI LIFESCIENCES HLDGS A | 56600D107 | COMMON STOCK | 870,200 | $2,097,182 | dollars as filed | |
| ERO COPPER CORP COM | 296006109 | Stock | 124,450 | $2,052,963 | dollars as filed | |
| KKR & CO INC | 48251W104 | COM | 14,720 | $1,958,202 | dollars as filed | |
| KENNEDY-WILSON HOLDINGS INC | 489398107 | COM | 264,660 | $1,799,688 | dollars as filed | |
| HEXCEL CORP NEW | 428291108 | COM | 31,723 | $1,792,032 | dollars as filed | |
| BROOKFIELD CORP CL A LTD VT SH | 11271J107 | Stock | 23,740 | $1,469,291 | dollars as filed | |
| MARKELGROUPINC | 570535104 | STOK | 515 | $1,028,640 | dollars as filed | |
| MICROCHIP TECHNOLOGY INC. COM | 595017104 | Stock | 14,360 | $1,010,513 | dollars as filed | |
| Danaher Corporation | 235851102 | COM | 4,700 | $928,438 | dollars as filed | |
| LITHIA MTRS INC COM | 536797103 | Stock | 2,400 | $810,768 | dollars as filed | |
| JUNIPER NETWORKS INC | 48203R104 | COM | 18,000 | $718,740 | dollars as filed | |
| Elevance Health, Inc. | 036752103 | COM | 1,800 | $700,128 | dollars as filed | |
| WESTERN ASST INFLTN LKD INM | 95766Q106 | COM SH BEN INT | 75,932 | $637,829 | dollars as filed | |
| LAUNCH ONE ACQUISITION CORP | G5S86M100 | SHS CLASS A | 60,000 | $624,900 | dollars as filed | |
| MORGAN STANLEY EMERGING MKTS | 617477104 | COM | 120,332 | $616,100 | dollars as filed | |
| Applied Materials,Inc. | 038222105 | COM | 3,200 | $585,824 | dollars as filed | |
| DUN & BRADSTREET HLDGS INC | 26484T106 | COM | 61,600 | $559,944 | dollars as filed | |
| Starbucks Corporation | 855244109 | COM | 5,930 | $543,366 | dollars as filed | |
| ATIXFY COMMUNICATIONS LTD | M82363124 | ORD SHS | 174,579 | $511,516 | dollars as filed | |
| SKECHERS U S A INC | 830566105 | CL A | 8,000 | $504,800 | dollars as filed | |
| EVERI HLDGS INC | 30034T103 | COM | 35,400 | $504,096 | dollars as filed | |
| TRIUMPH GROUP INC NEW | 896818101 | COM | 19,400 | $499,550 | dollars as filed | |
| AVIDXCHANGE HOLDINGS INC | 05368X102 | COM | 50,600 | $495,374 | dollars as filed | |
| SPRINGWORKS THERAPEUTICS INC | 85205L107 | COM | 10,500 | $493,395 | dollars as filed | |
| VIGIL NEUROSCIENCE INC | 92673K108 | COM | 55,000 | $437,250 | dollars as filed | |
| AMC GLOBAL MEDIA INC | 00164VAJ2 | NOTE 4.250% 2/1 | 501,000 | $431,389 | dollars as filed | principal |
| NV5 HOLDINGS, INC | 62945V109 | COM | 17,900 | $413,311 | dollars as filed | |
| LENSAR INC | 52634L108 | COM | 30,100 | $396,417 | dollars as filed | |
| JABIL INC COM | 466313103 | Stock | 1,798 | $392,144 | dollars as filed | |
| TITAN ACQUISITION CORP | G8901A129 | UNIT 04/09/2030 | 36,600 | $382,470 | dollars as filed | |
| FARO TECHNOLOGIES INC | 311642102 | COM | 8,500 | $373,320 | dollars as filed | |
| INOZYME PHARMA INC | 45790W108 | COM | 90,700 | $362,800 | dollars as filed | |
| GLOBAL BLUE GROUP HOLDING AG ORD SHS | H33700107 | Stock | 47,800 | $357,066 | dollars as filed | |
| ENSTAR GROUP LIMITED | G3075P101 | SHS | 1,000 | $336,360 | dollars as filed | |
| SOULPOWER ACQUISITION CORP | G82745129 | TRUS | 30,051 | $320,644 | dollars as filed | |
| WEBSTER FINL CORP | 947890109 | COM | 5,838 | $318,755 | dollars as filed | |
| SIGMATRON INTL INC | 82661L101 | COM | 103,400 | $308,132 | dollars as filed | |
| SERVOTRONICS INC | 817732100 | COM | 6,500 | $305,110 | dollars as filed | |
| iShares 0-3 Month Treasury Bond ETF | 46436E718 | SHS | 3,000 | $302,070 | dollars as filed | |
| RBB FD INC | 74933W452 | US TREAS 3 MNTH | 6,000 | $299,970 | dollars as filed | |
| Vanguard 0-3 Month Treasury Bill | 922040845 | COM | 3,900 | $294,645 | dollars as filed | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 78468R663 | SHS | 3,200 | $293,536 | dollars as filed | |
| BLUEPRINT MEDICINES CORP | 09627Y109 | COM | 2,200 | $281,996 | dollars as filed | |
| GMS INC | 36251C103 | COM | 2,500 | $271,875 | dollars as filed | |
| SIM Acquisition I Corp | G8431T101 | Equity | 25,000 | $260,552 | dollars as filed | |
| VINE HILL CAP INVT CORP. | G93Y09107 | ORD SHS CL A | 25,000 | $260,250 | dollars as filed | |
| THAYER VENTURES ACQ CORP II | G87890128 | UNIT 05/15/2030 | 25,000 | $254,250 | dollars as filed | |
| SIZZLE ACQUISITION CORP. II | G8193F125 | UNIT 99/99/9999 | 24,448 | $248,881 | dollars as filed | |
| ALLETE INC | 018522300 | COM NEW | 3,880 | $248,592 | dollars as filed | |
| TXNM ENERGY INC COM | 69349H107 | Stock | 4,400 | $247,808 | dollars as filed | |
| Blue Wtr Acquisition Corp. I Unit 05/23/2030 | G1368E122 | Unit | 24,700 | $247,124 | dollars as filed | |
| CARTESIAN GROWTH CORP III | G19307118 | UNIT 02/28/2032 | 24,100 | $244,133 | dollars as filed | |
| E2OPEN PARENT HOLDINGS INC | 29788T103 | COM CL A | 74,900 | $241,927 | dollars as filed | |
| BRIDGE INVT GROUP HLDGS INC | 10806B100 | COM | 24,100 | $241,241 | dollars as filed | |
| CROSS CTRY HEALTHCARE INC | 227483104 | COM | 18,100 | $236,205 | dollars as filed | |
| CANTALOUPE INC | 138103106 | COM | 20,600 | $226,394 | dollars as filed | |
| COPA HOLDINGS SA | P31076105 | CL A | 2,048 | $225,219 | dollars as filed | |
| EMEREN GROUP LTD | 75971T301 | SPONSORED ADS | 118,298 | $221,217 | dollars as filed | |
| HESS CORP | 42809H107 | COM | 1,500 | $207,810 | dollars as filed | |
| SPARTANNASH CO | 847215100 | COM | 7,300 | $193,377 | dollars as filed | |
| INFORMATICA INC | 45674M101 | COM CL A | 7,800 | $189,930 | dollars as filed | |
| BEST SPAC I ACQUISITION CORP | G1069P137 | UNIT 05/27/2030 | 18,500 | $185,740 | dollars as filed | |
| MAC Copper Ltd | G60409110 | Common Stock | 15,000 | $181,350 | dollars as filed | |
| ROOKLINE BANCORP INC DEL | 11373M107 | COM | 16,430 | $173,336 | dollars as filed | |
| PROASSURANCE CORP | 74267C106 | COM | 7,500 | $171,225 | dollars as filed | |
| LSI INDUSTRIES INC | 50216C108 | COMMON STOCK | 9,868 | $167,855 | dollars as filed | |
| THERATECHNOLOGIES INC | 88338H704 | COM | 69,900 | $166,826 | dollars as filed | |
| CRANE HBR ACQUISITION CORP | G24979125 | UNIT 99/99/9999 | 14,700 | $154,056 | dollars as filed | |
| NEW PROVIDENCE ACQUISITION C | G6476A128 | UNIT 99/99/9999 | 14,700 | $153,615 | dollars as filed | |
| FIDELITY NATIONAL FINANCIAL | 31620R303 | FNF GROUP COM | 2,694 | $151,026 | dollars as filed | |
| STREAMLINE HEALTH SOLUTIONS | 86323X205 | COM NEW | 27,972 | $144,615 | dollars as filed | |
| ANSYS INC COM | 03662Q105 | COM | 350 | $122,927 | dollars as filed | |
| WEN ACQUISITION CORP | G9R39C129 | UNIT 05/16/2030 | 10,000 | $106,000 | dollars as filed | |
| FIFTH ERA ACQUISITION CORP I | G3415K127 | UNIT 99/99/9999 | 10,100 | $105,040 | dollars as filed | |
| Perimeter Acquisition Corp I Unit 05/13/2030 | G7010A103 | Unit | 10,000 | $104,700 | dollars as filed | |
| GRAF GLOBAL CORP | G4036C106 | ORD SHS CL A | 10,000 | $104,600 | dollars as filed | |
| LIGHTWAVE ACQUISITION CORP | G5490M118 | UNIT 06/06/2030 | 10,000 | $100,500 | dollars as filed | |
| VERVE THERAPEUTICS INC | 92539P101 | COM | 8,800 | $98,824 | dollars as filed | |
| Couchbase Inc | 22207T101 | Common Stock | 4,000 | $97,520 | dollars as filed | |
| ISOENERGY LTD | 46500E867 | COM NEW | 13,100 | $93,314 | dollars as filed | |
| NEXGEN ENERGY LTD COM | 65340P106 | Stock | 11,600 | $80,585 | dollars as filed | |
| SAGE THERAPEUTICS INC | 78667J108 | COM | 8,300 | $75,696 | dollars as filed | |
| ELEVATION ONCOLOGY INC COM | 28623U101 | Stock | 195,700 | $71,841 | dollars as filed | |
| SITIO ROYALTIES CORP | 82983N108 | CLASS A COM | 3,900 | $71,682 | dollars as filed | |
| JFROG LTD ORD SHS | M6191J100 | Stock | 1,500 | $65,820 | dollars as filed | |
| PROFOUND MED CORP | 74319B502 | COM NEW | 9,400 | $55,913 | dollars as filed | |
| Republic Digital Acquisition Unit 99/99/9999 | G7515A111 | Unit | 5,000 | $52,900 | dollars as filed | |
| INFLECTION PT ACQUISITION CO | G47875128 | UNIT 03/01/2027 | 5,000 | $52,550 | dollars as filed | |
| VOYAGER ACQUISITION CORP | G93A7H104 | CL A | 5,000 | $51,850 | dollars as filed | |
| Figx Cap Acquisition Corp. Unit 06/17/2030 | G3473K126 | Unit | 5,000 | $50,075 | dollars as filed | |
| OXLEY BRIDGE ACQ LTD | G6858G123 | UNIT 06/17/2030 | 5,000 | $50,050 | dollars as filed | |
| Pioneer Acquisition I Corp Unit 06/16/2030 | G7117W123 | Unit | 5,000 | $50,050 | dollars as filed | |
| CANTOR EQUITY PARTNERS III I | G1828A108 | SHS CL A | 4,000 | $42,200 | dollars as filed | |
| GITLAB INC CLASS A COM | 37637K108 | Stock | 900 | $40,599 | dollars as filed | |
| GEN DIGITAL INC | 668771116 | RIGHT 99/99/9999 | 4,800 | $39,168 | dollars as filed | |
| RAMBUS INC DEL COM | 750917106 | Stock | 601 | $38,476 | dollars as filed | |
| DOLLAR TREE INC COM | 256746108 | Stock | 370 | $36,645 | dollars as filed | |
| GENPACT LIMITED SHS | G3922B107 | Stock | 811 | $35,692 | dollars as filed | |
| LAUDER ESTEE COS INC CL A | 518439104 | Stock | 440 | $35,552 | dollars as filed | |
| EURONET WORLDWIDE INC COM | 298736109 | Stock | 346 | $35,077 | dollars as filed | |
| FLUOR CORP | 343412102 | COM | 676 | $34,659 | dollars as filed | |
| ITRON INC COM | 465741106 | Stock | 260 | $34,224 | dollars as filed | |
| ADDUS HOMECARE CORP | 006739106 | COM | 288 | $33,175 | dollars as filed | |
| BROOKFIELD BUSINESS PARTNERS | G16234109 | COMMON STOCK-FO | 1,232 | $31,990 | dollars as filed | |
| VERISIGN INC COM | 92343E102 | Stock | 107 | $30,902 | dollars as filed | |
| COOPER COS INC | 216648501 | COM | 406 | $28,891 | dollars as filed | |
| MERCURY GENL CORP NEW | 589400100 | COM | 421 | $28,350 | dollars as filed | |
| ANTERO RESOURCES CORP COM | 03674X106 | Stock | 663 | $26,706 | dollars as filed | |
| MODINE MFG CO COM | 607828100 | Stock | 263 | $25,906 | dollars as filed | |
| DIGITALBRIDGE GROUP INC | 25401T603 | CL A NEW | 2,480 | $25,668 | dollars as filed | |
| DECKERS OUTDOOR CORP | 243537107 | COM | 248 | $25,561 | dollars as filed | |
| MONOLITHIC PWR SYS INC COM | 609839105 | Stock | 28 | $20,479 | dollars as filed | |
| M/I HOMES INC | 55305B101 | COM | 140 | $15,697 | dollars as filed | |
| BLACK HAWK ACQUISITION CORP | G1148A101 | CMN | 967 | $10,279 | dollars as filed | |
| LAUNCH ONE ACQUISITION CORP | G5S86M126 | *W EXP 06/01/203 | 30,000 | $8,400 | dollars as filed | |
| VINE HILL CAP INVT CORP. | G93Y09115 | *W EXP 07/01/203 | 12,500 | $3,670 | dollars as filed | |
| Sim Acquisition Corp. I W Exp 06/01/203 | G8431T119 | SPACS Warrant | 12,500 | $3,437 | dollars as filed | |
| TEXAS VENTURES ACQUISITION IV UNT | G8772L121 | Unit | 191 | $1,962 | dollars as filed | |
| Graf Global Corp W Exp 05/31/203 | G4036C122 | SPACS Warrant | 5,000 | $1,425 | dollars as filed | |
| VOYAGER ACQUISITION CORP | G93A7H112 | *W EXP 05/16/203 | 2,500 | $750 | dollars as filed | |
| HORIZON SPACE ACQUSTN I CORP | G4619M109 | ORDINARY SHARES | 52 | $632 | dollars as filed | |
| WESTERN ASSET EMERGING MARKETS | 95766A101 | COM | 28 | $281 | dollars as filed | |
| LANVIN GROUP HOLDINGS LIMITE | G5380J118 | W EXP 01/14/202 | 2,500 | $47 | dollars as filed |
Amendment chain
| Filing | Role | Filed | Accepted | Ingested |
|---|---|---|---|---|
| 13F-HR 0001706164-25-000003 | this filing | 2025-08-14 | acceptance time not in the bulk data set |