PenderFund Capital Management Ltd.
Q2 2025 13F-HR Holdings
Net value change ($000)
+55,454
(15.1%)
New positions
64
Sold out positions
45
Turnover %
63.5%
Sector allocation + QoQ delta (equities-only)
Snapshot: Change Analysis
Compared to Q1 2025
Methodology:
sector metrics are equities-only;
instrument mix chart is ex-options;
options exposure is shown separately.
Why this matters.
Top Adds (Value $000, Stocks/ETFs)
| PPLT | 28,166 | 276.3% |
| SANG | 19,739 | 6054.9% |
| BUR | 10,618 | 530900.0% |
| WIW | 8,228 | 1662.2% |
| SLV | 8,203 | NEW |
| PSLV | 8,140 | NEW |
| DCBO | 4,246 | 2704.5% |
| FLYYQ | 2,889 | NEW |
| MOH | 2,777 | 1176.7% |
| TSAT | 2,448 | NEW |
Top Reduces (Value $000, Stocks/ETFs)
| FROG | -34,975 | -99.8% |
| CPA | -22,618 | -99.0% |
| Territorial Bancorp Inc. | -22,596 | -100.0% |
| HXL | -14,482 | -89.0% |
| RMBS | -12,654 | -99.7% |
| Pactiv Evergreen Inc. | -12,510 | -100.0% |
| PRA | -12,180 | -98.6% |
| AGS | -11,833 | -100.0% |
| Enstar Group LTD | -8,964 | -96.4% |
| FET | -8,917 | -54.8% |
Instrument mix + QoQ Δ (ex-options)
How this table is calculated:
SEC
VALUE ($000) is used as reported.
For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received.
Column % is bucket-based:
non-options share is calculated inside non-option total, options share is calculated inside options total.
Details.
Filter:
Instrument:
| Issuer Name | Ticker | Sector | Industry | Class | History | Value ($000) | % | Shares | Shares Δ | Shares Δ% | Value Δ ($000) | Value Δ% | Principal | Option Type |
|---|